B.—l [Pt. IV].

NATIVE DEPARTMENT— continued. native land settlement account. Interest Account for the Year ended 31st March, 1931. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Interest on loan capital .. 169,330 8 6 By Interest on amounts held in Less amount transferred to Investment Account .. 1,831 4 2 blocks as part purchase Interest on cash paid to Public costs .. .. 5,248 17 4 Debt Redemption Fund .. 2,257 14 10 164,090 11 2 Interest on advances to Maori Interest on balance of amount transferred from Land Boards .. .. 492 6 4 Maori Land Settlement Account, 1913-14 .. 105 9 8 Interest on amounts expended on development schemes .. 1,888 17 6 Interest on unpaid purchase of of land sold on deferred-pay-ment license .. '.. 21,026 15 4 Interest on resale of motor-cars to Farm Directors under hire-purchase agreements .. 16 5 3 ■ 27,-513 3 5 Balance transferred to Revenue Account .. 136,682 17 5 £164,196 0 10 £164,196 0 10 Beventje Account tor the Year ended 31st March, 1931. Dr. £ s. d. { Cr. £ s. d. £ s. d. To Balance transferred from Interest Account .. 136,682 17 5! By Rents .. .. .. 58,610 22 Charges on rents— £ s. d. Royalties.. .. .. 2,229 14 5 Loc a 1 Bodies — " Thirds," — 60,839 16 7 " fourths," and " halves " 3,398 16 4 Balance transferred to Net Revenue Account 105,667 8 4 Rebate of rents, &c. .. 2,832 13 2 Remissions of rent— Ordinary .. .. 1,958 12 6 Under Deteriorated Land Act, 1925 .. .. 368 10 8 Under Discharged Soldiers' Settlement Amendment Act, 1923 .. .. 813 14 0 9,372 6 8 Irrecoverable rents transferred to Suspense Account .. .. 1,557 18 11 Administration expenses (Lands Department) .. .. .. 2,336 1 7 Expenses (Native Department) — Purchase and general administration expenses .. 2,293 18 0 Native Land Consolidation expenses .. .. 4,013 6 11 Native-land-development expenses .. .. 6,322 18 11 12,630 3 10 Miscellaneous expenses .. .. .. 3,194 19 11 Loan expenses —Stamp duty on transfer of stock, cost of raising loans, and management charges of stock .. .. .. 732 16 7 £166,507 4 11 £166,507 4 11 Net Revenue Account for the Year ended 31st March, 1931. Dr. £ s. d. : Cr. To Balance, Ist April, 1930 .. .. .. 1,031,111 2 7 i By Adjustments on account of preAdjustments on account of pre- vious years— £ s. d. £ s. d. vious years — £ s. d. Lands Department— Land Account Charges .. 12,593 4 8 Appreciation of assets .. 10,708 19 11 Dominion Revaluation Adjustments —mis c e 1Board reductions (capital) 2,040 0 0 laneous, £203 os. 6d ; Miscellaneous ad- reserve for roading—justments— £ s. d. transfers, £17,207 Lands Depart- 15s. 2d. .. ..17,440 15 8 ment ..173 8 3 28,149 15 7 Native Depart- Balance, 31st March, 1931 .. .. 1,167,003 18 0 ment 4 0 11 177 9 2 — 14,810 13 10 Accumulated loss—Orakei Block .. .. 43,564 8 10 Net loss for year ended 31st March, 1931 .. 105,667 8 4 £1,195,153 13 7 £1,195,153 13 7 ===== I .

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