B.—l [PT. IV],

LANDS AND SURVEY DEPARTMENT—continued. CROWN LANDS ACCOUNT —continued. Balance-sheet as at 31st March, 1932. Liabilities. Assets. , ~ , Canital £ s - £ s - Lancl — 8 S " Revenue earning- Leased 4,646,894 1 1 Public Works Fund .. 2,083,402 10 10 Unlet .. .. 1-393,990 3 2 Other Capital .. ..4,968,285 6 3 Provisional State Forest .. 973,318 17 b Non-revenue earning .. 2,367,634 0 8 Subject to section 8, Land 9,419,321 17 9 Laws Amendment Act, Discharged Soldiers Settlement Account (merged 1929 .. .. • • 19,895 22 interests under section 20, Discharged Soldiers . ' ' Settlement Amendment Act, 1923) .. 28,647 18 5 Crown lands included in land-for-settlement Snndrv creditors estates .. •• •• 211,940 0 0 Principal instalments under sec- Sales of Crown land under section 20, Land Act, tion 20, Discharged Soldiers £ s. d. 1924 .. .. •• ..2,191,940 11 11 Settlement Act, 1923 .. 800 0 6 Unpaid purchase-price not yet Interest under section 20, Dis- payable s. . charged Soldiers Settlement Buildings.. .. .. 7,554 5 / Act, 1923 3,632 12 5 Improvements .. .. 325 0 0 __ _ , Rents, &c., paid in advance .. 2,026 14 2 , , , ' Departmental .. .. 401 12 7 Advances for grass-seed and road ~,02 12 2 Miscellaneous .. .. 666 5 5 7,527 5 1 Sundry debtors — . Rents, &c„ charged in advance .. .. 60,485 18 2 111,064 14 5 Suspense Account, Deteriorated Land Act .. 3,158 14 10 Less reserve .. ■■ 1,000 0 0 Suspense Account: Amount payable on account iinnfUld 5 of improvements (buildings) .. •• 558 12 6 > • Depreciation Reserve .. •• •• 159 0 0 Royalties y •• y ' Writings-off in Suspense Account .. .. 4,555 8 6 Principal instalments (buildTreasury Adjustment Account .. .. 131,846 18 2 12>2U 7 ± Interest, section 13, Land Laws Amendment Act, 1926 .. 8,616 12 5 Interest on advances .. 28 15 3 Departmental .. .. 114 15 10 Miscellaneous .. .. 47 1 2 133,825 10 10 Postponed rents, &c. .. • • • • 14,006 17 5 Interest on sales accrued but not due .. 4,461 9 10 Losses in Suspense Account .. .. •• 4,555 8 6 Cash in Local Bodies' Deposit Account on account of mining dis- £ s. d. trict land occupation .. .. 1,349 10 9 Thermal Springs District Act, 1910 157 10 11 1,507 1 8 Cash in Consolidated Fund Deposits Account (Thermal Springs District Act, 1910) .. 13 19 Revenue Account: Loss for the year •• 46,93110 3 £9,656,261 13 5 £9,656,261 13 5 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental note. The following comments are appended : (1) Expenditure under the New Harbour Endowment Act, 1874, totalling £1,604 Is. 2d., should, m the opinion of the Audit Office, be included m the Revenue Account and shown as a charge against rents ; (2) the charges on land with respect to expenditure under section 47 of the Land for Settlements Act, 1925, or the corresponding provisions of any former Act, have not been abolished as required by section 17 (5) (b) of the Land Laws Amendment Act, 1927 ; (3) «*"^ bearing interest and sinking-fund charges, is not shown for expenditure on Crown lands under the Maori Land Settlement Act, 1905. —G. F. C. Campbell, Controller and Auditor-General.

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