B.—l [Pt. IV],

LANDS AND SURVEY DEPARTMENT —continued. OTAGO UNIVERSITY ENDOWMENT ACCOUNT. Receipts and Payments Account foe the Year ended 31st March, 1937. Receipts. Payments. £ s. d. £ s. d. Land for Settlements Account for roading-costs (sec- £ s. d. Cash on hand Ist April, 1936, in Local tion 47, Land for Settlements Act, 1925)— Bodies' Deposit Account of the Principal .. .. .. .. .. 32 13 2 Receiver of Land Revenue at — Interest .. .. .. .. • • 51 1 0 Dunedin .. .. .. 951 1 0 Administration expenses paid to Consolidated Fund Invercargill . . . . . • 672 4 6 (section 4, Land Laws Amendment Act, 1927) .. 179 5 5 1,623 5 6 Otago University Council (section 118 (1), Reserves Rents .. .. .. .. .. 6,005 1 11 and other Lands, &c., Act, 1917) .. .. 6,566 17 8 Royalties .. .. .. 150 811 Dunedin Athenaeum (Otago Museum Act, 1877) .. 128 8 0 Cash on hand at 31st March, 1937, in Local Bodies' Deposit Account of the Receiver of Land Revenue at — £ s. d. Dunedin .. .. .. 220 7 2 Invercargill .. .. .. 600 311 — 820 11 1 £7,778 16 4 £7,778 16 4 Revenue Account for the Year ended 31st March, 1937. Dr. £ s. d. Or. £ s. d. Administration expenses .. .. •• 153 17 10 Accrued rent .. .. .. .. 7,869 2 1 Interest on loans under section 47 of Land for Settle- Accrued royalties .. .. .. .. 150 8 11 ments Act, 1925 .. .. • • • • 85 0 3 Remission of rent .. .. • ■ • • 766 16 10 Balance carried down .. .. .. .. 7,013 16 1 £8,019 11 0 £8,019 11 0 £ s. d. Appropriation of revenue — £ s. d. Balance brought forward from previous year .. 4,398 11 1 Otago University Council under section 118 (1), Balance brought down .. .. 7,013 16 1 Reserves and other Lands, &c., Act, 1917 .. 5,833 810 Dunedin Athenaeum under Otago Museum Act, 1877 84 10 0 Revenue appropriated to repay loan-moneys, section 47 of Land for Settlements Act, 1925 .. 32 13 2 Balance carried forward .. .. •• 5,461 15 2 £11,412 7 2 £11,412 7 2 Balance-sheet as at 31st March, 1937. Liabilities. £ s. d. Assets. Capital .. .. •• •• 128,751 9 1 Endowment lands— £ s. d. £ s. d. Loan for roading, section 47, Land Leased land .. .. 129,656 0 0 for Settlements Act, 1925— £ s. d. Unleased land .. .. 760 0 0 Advances .. .. .. 1,608 15 4 130,416 0 0 Principal instalments .. 55 15 7 Sundry debtors for rent .. .. 8,655 14 10 Interest .. 100 11 0 Sundry debtors : Dunedin Athenaeum .. 12 0 1,765 1 11 Cash on hand, 31st March, 1937, Sundry creditors ™ the Local Bodies' Deposit Administration expenses (de- Account of the Receiver of partmental) .. .. 4 8 9 Land Revenue at— Otago University Council: Dunedin .. .. .. 220 7 2 amount not yet paid over .. 817 4 4 Invercargill .. .. 600 3 11 Rents charged in advance .. 3,093 8 8 820 11 1 3,915 1 9 Revenue Account: Balance carried forward 5,461 15 2 £139,893 7 11 £139,893 7 11 W. Roberston, Under-Secretary for Lands. Wm. E. Shaw, Chief Accountant. I hereby certify that the Statement of Receipts and Payments, 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.—J. H. Fowler, Controller and Auditor-General.

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