B.—l [PT. IV].

LAND FOR SETTLEMENTS ACCOUNT—continued. Balance-sheet as at 31st March, 1937 —continued. Liabilities—continued.

Assets.

B—B. 1 [PT. IV].

57

General. Cheviot. a mentr5^° W ~ Hufct Valley. Total. Brought forward .. .. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Rents charged in advance .. .. 14,040,293 10 0 625,661 10 5 137,189 19 5 133,681 18 9 14,936,826 18 7 127,436 5 11 5,211 2 7 .. 0 17 6 132,648 6 0 Writings-off in suspense— Estates Land Laws Amendment Act, 1929 .. 10,375 17 9 .. .. 53 16 0 1,78« 18 3 12,162 16 0 .. .. 53 16 0 12,216 12 0 Suspense Account —Deteriorated Lands Act, 1925 644 6 2 .. .. .. 644 6 2 Suspense Account —Buildings and Improvements 355 2 3 .. .. .. 355 2 3 Reserve for capitalized interest on landdevelopment schemes 41,060 1 3 .. .. .. 41,060 1 3 Reserve Account, including unexpended loading for roads, &c. 586,842 10 5 9,940 6 1 .. .. 596,782 16 6 Development expenditure— Employment Promotion Fund (contra).. Consolidated Fund (contra) .. 11,329 8 3 .. .. .. 11,329 8 3 Profit and Loss Appropriation Account .. 4,231119 .. .. .. 4,231119 Cheviot Estate Account (see contra) .. .. .. .. 136,771 13 5 136,771 13 5 National Endowment Trust Account (see 283,898 15 0 .. .. .. 283,898 15 0 contra) 89,525 8 9 .. .. .. 89,525 8 9 £15,197,779 15 9 £640,812 19 1 £137,189 19 5 £270,508 5 8 £16,246,290 19 11

General. Cheviot, Hutt Valle y- Tota1 ' Land Account — £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Estates leased .. .. .. 10,261,465 11 5 328,020 1 1 Estates unlet .. .. .. 263,207 19 0 325 0 0 .. 59,850 0 0 10,524,673 10 5 328,345 1 1 .. 59,850 0 0 10,912,868 11 6 Land Laws Amendment Act, 1929 — Land leased .. .. .. 118,237 0 0 Land unlet .. .. .. 9,368 12 4 127,605 12 4 .. .. .. 127,605 12 4 State Forest .. .. 3,158 6 6 .. . . .. 3,158 6 6 11,043,632 10 4 Unpaid purchase-price (not yet payable)— Buildings on estates .. .. 98,893 7 10 9 4 7 Sales of settlement land .. .. 416,466 4 0 18,320 17 6 .. 106,709 13 0 Sales of Crown land .. .. 486,839 15 7 .. 47,298 14 4 [ Land Laws Amendment Act, 1929— Buildings .. . . .. 777 13 9 Sales of land .. .. .. 10,635 15 2 1,013,612 16 4 18,330 2 1 47,298 14 4 106,709 13 0 1,185,951 5 9 Carried forward .. .. 11,669,050 5 7 346,675 3 2 47,298 14 4 166,559 13 0 12,229,583 16 1