B—l [PT. IV],

LAND FOR SETTLEMENTS ACCOUNT. Revenue Account for the Year ended 31st March, 1935.

53

General. ! Cheviot. | Hutt Valley. j Total. T) r Tn Tnterest on s. d. £ s. d. £ s. d. £ s. d. Loans 403,569 11 6 5,638 8 7 .. 409,208 0 1 Capital from proceeds of Crown lands .. •• 7 ?'f5ê a " " 7 «'a77 it n Value of Crown lands in estates 8,477 12 0 .. .. 8,477 12 0 National Endowment Trust Funds .. .. 2,217 ! " " is'ws n in Cheviot Estate accumulated funds transferred . . .. 18,508 0 10 .. •• 079 o a Deposits by lessees under section 208, Land Act, 1924 .. 272 2 8 .. • • Capital from Land for Settlements Account .. .. •• •• 4,973 15 0 4,y/d Sundry charges re Loans- 5 299 9 10 .. 5,299 9 10 Expenses of raismg loans .. .. •• •• » w 5 0 8 Stamp duty on transfer of stock .. .. • • 5 0 8 .. • • Management charges of New Zealand consolidated stock 360 o 5 .. • • Proportion of premium on loan conversions .. .. 2,563 0 0 A ti^ ati ° neXPenSeS " 10,970 17 10 968 7 9 156 5 8 12,095 11 3 Land Laws Amendment Act, 1929 1,728 6 0 .. .. 1,728 6 0 K Sr & c., from estates 23,036 1 3 1,418 2 8 .. 24,454 3 11 Rents and interest: Land Laws Amendment Act, 1929 .. 182 b 2 Remissions of rent and interest — XirKsrsssrr '».«»7. * »». »» Rents, &c., under Land Laws Amendment Act, 1929 .. 238 17 0 "KjKxrasrf """.r' T .. < > «». •• ».«1» Rents, &c., under Land Laws Amendment Act, 1929 .. 74 3 8 . . • • * Under Deteriorated Lands Act, 1925 .. . • • • 481 2 0 «.«.mi ... »»> «.«»♦ Rents, &c., under Land Laws Amendment Act, 1929 .. 715 0 o .. •• /10 u o Annual Appropriation : Vote, Land for Settlements Expenses— • £ s. d. Audit fees .. • ■ • • 250 0 0 Salaries .. .. • • • • 826 17 8 Travelling-expenses .. • • 46 6 6 Compensation for injuries on develop- 505 19 3 ment works Miscellaneous 717 13 2 346 16 11 .. •• . 2,346 16 11 _ ... t i i o ' 193 17 0 193 17 0 Depreciation of plant, &c. .. •• •• •• ioa c n .,-o' ,, i, i 144 19 6 Miscellaneous expenses incidental to estates .. .. 786 5 9 .. •< <• i o'q/r i i Interest on Cheviot Estate fixed capital (see contra) .. .. 6 I 1,899' 4 3 10 7 Balance carried down .. • ■ • • ■ • j • • l,v ' ' £696,832 13 11 j £18,936 5 7 j £8,290 3 11 £724,059 3 5 £ s. d. £ s. d. | £ s. d. £ s. d. To Balance brought forward .. .. •• 81,3.17 11 .. . aM ' , , 8 }'oL a o Transfer to Profit and Loss Appropriation Account .. j !,»»» 4 d * a Transfer to reserves .. .. •• '• o 4 j H___ , £81,317 1 1 ! £1,070 6 4 j £1,899 4 3 £84,286 11 8 Qy ■ "> —— ~ 1 ■—■= ===:i " " Bj R Estates d r ° yaltieS_ 511,249 13 *4 18,496 10 *7 205 17 *4 529,952 1 3 Land Laws Amendment Act, 1929 .. .. •• 2,632 17 9 .. •• 2,632 17 9 Int ;rr SaleS ~ •• 15,151 12 10 304 8 0 6,497 8 10 21,953 9 8 Land Laws Amendment Act,' 1929 !! .. .. 649 19 2 .. .. 649 19 2 Interest on capital expenditure — £ s - d. Te Wera Estate .. •• •• 3,960 18 8 Hutt Valley .. •• •• 4,973 15 0 Brinklands Estate .. .. • • 678 5 10 Land development 4,268 13 1 13 , 88 1 12 7 .. .. 13,881 12 7 Interest on advances — £ s - d. Land Laws Amendment Act, 1929 .. 8,253 15 1 Deteriorated Lands Act, 1925 .. 596 6 6 Interest on loans for roading of endowment lands under section 47, Land for Settlements Act, 1925 — £ s. d. Wanganui River Trust Endowment .. 95 10 10 Otago University Endowment .. 263 14 8 g 3f)9 5 6 Interest on investments .. •• • •• J? I lo y » A " k?'a7k iq « Interest on investments in Public Debt Redemption Fund.. 50,940 12 6 135 7 0 .. . Valuation fees, sections 7 and 14, Land Laws Amendment 119 11 0 Aot ' 14 9 5 Miscellaneous .. • • • • • ■ • • „ " ; " s 04.« 1 1 Interest on Cheviot Estate (see contra) .. ■■ • • 8,J4b 11 •• 1 586 17 9 1 586 17 9 Gross profit on trading .. •• •• •• - ' 81'317 1 1 Balance carried down .. •• ' ' ' £696,832 13 11 £18,936 5 7 £8,290 3 11 £724,059 3 5 £ s. d. £ s. d. £ s. d. £ s. d. By Balance brought forward •• „ 1.0™ 6 4 1,899 4 3 2,969 10 7 Adjustment previous year: Accrued interest on loans tor 1,140 lb 11 .. •• i,±*v roading of endowment lands under section 47, Land for Settlements Act, 1925 80 176 4 2 80,176 4 2 Transfer from reserve .. •• •• •• ov,x<u ■* > £81,317 1 1 £1,070 6 4 £1,899 4 3 £84,286 11 8