B.—l [PT. IY].

SCENIC RESERVES ACCOUNT. Income and Expenditure Account fob the Year ended 31st March, 1935. Expenditure. Income. £ s. d To Cost of administering reserves— £ s. d. £ s. d. By Accrued rents .. .. .. .. 401 710 Repairs to fencing, &c. .. 229 17 9 Accrued royalties and sales of timber .. .. 1,811 17 10 Trounson Kauri Forest .. 266 7 5 Refund of expenses of administration .. 485 2 9 Ranger's salary, Summit Road.. 37 18 4 Opossum fees .. .. .. 2 »0 0 534 3 6 Clearing, grassing, and internal roading, Waitangi .. .. .. .. .. 732 11 5 Depreciation on buildings, &c., Motuihi Island 95 8 9 Rebates.. .. .. .. .. 038 " Thirds" .. .. .. .. 0 8 0 Balance carried down .. .. .. 1,337 13 1 £2,700 8 5 £2,700 8 5 £ s. d. £ s. d. To Balance brought forward from previous year .. 86,135 15 7 By Balance brought down .. .. .. 1,337 13 1 Interest on capital invested in scenic reserves 8,784 14 5 Balance: Accumulated excess of expenditure over income .. .. .. .. 93,582 16 11 £94,920 10 0 £94,920 10 0 Note.—A charge has been made in the above account for interest on capital for which the Department has no parliamentary appropriation. Balance-sheet as at 31st March, 1935. Liabilities. Assets. Capital Account— Land— £ B , <}. Moneys provided out of Consolidated Fund— £ s. d. Scenic reserves .. .. .. .. 320,460 19 0 Balance, Ist April, 1934 .. .. .. 205,760 1 3 Domain and recreation reserves .. .. 513,700 910 Expenditure during year .. .. 1,878 14 10 Motuihi Island Domain .. .. .. 11,110 1 9 Sundry debtors for rent and royalties .. .. 265 5 9 207,638 16 1 Sundry debtors: Miscellaneous .. .. 212 0 Moneys provided from Public Works Fund .. 11,491 16 9 Postponed rent .. .. .. 518 6 Moneys provided from private sources for pur- Income and Expenditure Account .. .. 93,582 16 11 chase of reserves .. .. .. 1,720 2 9 Value of Crown land set aside as reserves .. 624,521 14 8 Total capital .. .. .. .. 845,372 10 3 Sundry creditors— £ s. d. Departmental .. .. 1,234 5 7 Miscellaneous .. .. 43 12 9 1,277 18 4 Rents paid in advance .. .. .. 2 0 6 Rents charged in advance .. .. .. 107 17 11 Suspense Account .. .. .. .. 50 0 0 Treasury Adjustment Account .. .. 92,317 16 9 £939,128 3 9 £939,128 3 9 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Accountant. I hereby certify that the Income and Expenditure 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 departmental note enfaced thereon—J. H. Fowler, Deputy Controller and Auditor-General,

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