B.—l [PT. IVI.

LAND FOR SETTLEMENTS ACCOUNT— continued. Balance-sheet as at 31st March, 1932.

46

Liabilities. Assets. ~ General. | Cheviot. | Tota1 ' J | Genera1 ' CheVi0t - | Totel " Loan capital — £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Land Account— £ s. d. £ s. d. £ s. d. £ s. d. .Loan capital Estates leased .. .. 10,500,171 17 5 384,506 9 1 3J per cent'. !! 1,382', 947 5 11 .. 160,918 0 0 Estates unlet .. .. 252,227 3 8 325 0 0 f percent 3 11 10,752,399 1 1 384,831 9 1; .. 11,137,230 10 2 4J per cent. .. 1,004,664 12 3 _ _ £419s 5-88d per 33,446 6 11 Provisional State Forest .. .. 3,158 b fa .. .. 3,158 6 6 t " ' ' Land Laws Amendment Act, 1929 — 5 percent. ..1,058,380 0 0 Leased 25,575 0 0 5i per cent. .. 1,500 0 0 Unlet 7,70o 0 0 5| per cent. .. 216,300 0 0 54 per cent. .. 1,415,420 0 0 33,280 0 0 .. .. ; 33,280 0 0 12,143,523 9 0 i I Less reduction, Finance Act, 1,138,600 0 0 ! Unpaid purchase-price not yet pay(No. 2), 1927 , nfi , q ok r c j Buildings .. .. • • 140,406 3 9 35 6 8 11,004,923 9 0 Improvements .. .. 1,201 17 2 Crown lands included in estates *211',940 0 0 Sales of settlement land .. 556,494 18 2 5,841 10 0 Sales of Crown land .. .. 2,191,940 11 11 Sales of Crown land .. .. 336,10/ 3 9 .. 68,28, 11 4 13,408,804 0 11 1,034,210 2 10 5,876 16 8 | 68,287 11 4 j 1,108,374 10 10 Less amount expended in open- 647,528 1 5 i ing up Crown lands Hutt Valley estates 12,761,275 19 6 160,918 0 0 .. 12,922,193 19 6 Purchases .. .. .. 164,760 11 9 Roading and incidental expendi- 222,529 7 10 ture Accumulated funds — Interest .. .. .. 55,617 3 2 Cheviot Estate.. .. .. •• 462,701 2 1 .. 462,701 2 1 National Endowment Trust .. .. •• 115,837 16 11 115,837 16 11 o7?'q™ in q Deposits by lessees under section 208, 8,328 3 3 .. .. 8,328 3 3 Less receipts under section 11 271,370 19 3 Land Act, 1924 (2a), Hutt VaUey Land Settlement Act, 1925 Sundry creditors- . 171 '536 3 6 .. j .. ! 171,536 3 6 Interest on capital from proceeds of 8,616 12 5 Crown land Farm accounts — Interest on loans accrued but not 93,783 6 5 1,373 6 3 Mataikona .. .. .. 99 3 1 ,j ue Te Wera .. .. .. 112,811 10 2 Interest on National Endowment 1,174 17 7 Brinklands .. .. .. 18,450 15 2 Trust Funds ~ ~T \ , 01 0 - Departmental 8,425 16 0 131,361 8 5 .. .. j 131,361 8 o Mispplla.Tiftoi] s .. • • 5,966 6 9 rSrSmain 317 3 1 Plant and machinery .. .. 3,885 0 0 .. .. 3,885 0 0 Turakma Domain .. .. Advances under Deteriorated Land 12,16114 6 .. .. 12,161 14 6 118,284 2 3 1,373 6 3 .. 119,657 8 6 Act Debtors' interest on advances under 77572 .. .. | 77572 Interest on loans due and unpaid .. 10,808 6 1 .. •• 10,808 6 1 Deteriorated Land Act Land Laws Amendment Act, 1929, Land Laws Amendment Act, 1929— ! ot> _ section 8 ' Advances to settlers .. .. 67,227 0 2 .. .. 67,22/ 0 2 Crown lands .. .. •• 19,895 2 2 Debtors for interest on advances 2,223 7 3 .. .. ; 2,223 7 3 National Endowment Account .. 6,246 7 3 Primary Education Account .. 177 19 1 Advances for development of unNative Land Settlement Account 1,044 0 0 occupied Crown and settlement lands — Crown lands — 27,363 8 6; .. .. 27,363 8 6 Expenditure on improvements 126,232 6 4 ! I I