B.—l [PT. IYJ.

DEPARTMENT OF AGRICULTURE—continued. WERAROA AGRICULTURAL ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1937. Receipts. £ s. d. Payments. £ s. d. Balance, cash in Treasury Deposit Account, Ist Administration expenses under section 4, Land Laws April, 1936 — £ s. d. Amendment Act, 1927 .. .. .. 81 0 7 Capital .. .. .. 772 6 0 Balance in Treasury Deposit Account, 31st March, Revenue .. .. .. 4,778 7 7 1937— £ s. d. 5,550 13 7 Capital .. .. .. 772 6 0 Rent from leases .. .. .. .. 1,620 11 5 Revenue .. .. .. 6,341 18 5 Interest on investments .. .. .. 24 0 0 .7,114 4 5 £7,195 5 0 £7,195 5 0 Revenue Account for the Year ended 31st March, 1937. Dr. £ s. d. Administration expenses under section 4, Land Gr. £ s. d. Laws Amendment Act, 1927 .. .. 81 0 7 Balance brought forward from previous year .. 8,132 14 5 Remission of rent, Land Board .. .. 1,291 19 0 Accrued rent and interest on buildings .. .. 1,876 16 10 Balance carried forward .. .. .. 8,660 118 Interest on investments .. .. .. 24 0 0 £10,033 11 3 £10,033 11 3 Balance-sheet as at 31st March, 1937. Liabilities. £ s. d. Assets. £ s. d. Capital .. .. .. .. .. 37,822 8 7 Endowment lands—• £ s. d. Rents charged in advance .. .. .. 470 0 0 Leased .. .. .. 34,775 0 0 Revenue Account .. .. .. .. 8,660 11 8 Unleased .. .. .. 90 0 0 — 34,865 0 0 Sundry debtors —• Sales of buildings not yet payable .. .. 2,581 6 6 Principal instalments on buildings .. .. 735 17 6 Rent .. .. .. .. .. 1,652 11 6 Administration expenses .. .. .. 12 6 Interest accrued but not due on investments .. 2 17 10 Cash in Treasury Deposit Account, 31st March, 1937— £ s. d. Capital .. .. .. 772 6 0 Revenue .. .. .. 6,341 18 5 • 7,114 4 5 £46,953 0 3 £46,953 0 3 A. S. Houston, Accountant, Department of Agriculture, Wellington. 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. —J. H. Fowler, Controller and Auditor-General.

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