B.—l [FT. IV], SUP. TO 1937.

CROWN LANDS ACCOUNT—continued. Balance-sheet as at 31st March, 1937. Liabilities. Assets. Capital— Land— £ s. d. £ s. d. Public Works Fund— £ s. d. £ s. d. Leased.. .. .. 5,555,062 4 2 Revenue-earning .. 5,892,886 5 11 Unleased .. 2,129,747 17 5 Consolidated Fund— Provisional State forest .. 688,116 17 5 Revenue-earning .. 2,880,222 6 9 Areas subject to section 8, Non-revenue-earning .. 3,074,561 9 1 Land Laws Amendment 11,847,670 1 9 Act, 1929 .. .. 35,306 16 11 Discharged Soldiers Settle- Areas subject to operations ment Account: Merged of Small Farms (Relief interests under section 20, of Unemployment) Act, Discharged Soldiers 1932-33 .. .. 7,839 16 9 Settlement Amendment Areas included in land-for-Act, 1923— - settlements estates .. 211,986 19 11 Not yet payable .. 19,170 13 6 8,628,060 12 7 Principal due .. .. 1,356 16 4 Undivided interests in land— Interest due .. .. 2,331 4 7 Crown interests'in consoli- ——— 22,858 14 5 dation schemes— Buildings Account: Equity in buildings and Tokerau Native Land improvements due to outgoing lessees .. 1,904 12 11 Court District .. 32,045 12 9 Unpaid purchase-money in respect of Native Waiariki Native Land land acquired on account of rates, succession Court District .. 11,698 15 0 duty, &C-, payable by Natives .. .. 480 9 8 Waikato-Maniapoto Sundry creditors— £ s. d. Nati.ve Land Court Rents, &c., paid in advance .. 1,847 19 6 District .. .. 24,920 4 1 Royalties paid in advance .. 91 3 7 Mohaka Consolidation Interest paid in advance .. 413 4 6 Scheme .. .. 8,971 13 4 Departmental .. .. 820 10 9 Northern Waiapu ConMiscellaneous .. .. 1,048 15 5 solidation Scheme .. 6,721 13 7 — 4,221 13 9 Interests acquired for cash Suspense Account: Credits under Deteriorated in sundry Native blocks 119,408 17 6 Land Act, 1925 .. .. .. 612 11 5 203,766 16 3 Rents and interest charged in advance .. 71,407 19 2 Proceeds of sale of Crown land paid to Land for Interest on capital invested in Orakei Block .. 194,993 9 11 Settlements Account under section 20. Land Writings-off in Suspense .. .. .. 3,255 5 2 Act, 1924 .. .. .. .. 2,642,202 10 11 Treasury Adjustment Account .. .. 285,904 6 9 Expenditure on surveys of Crown land .. 6,098 0 3 Unpaid purchase - price (not yet payable) : Buildings .. .. .. .. 17,095 0 5 Advances for grass-seed, &c. .. .. 4,758 5 6 Orakei Blocli (vide subsidiary balance-sheet) .. 359,162 15 0 Expenditure under section 522, Native Land Act, 1931, on areas of Native land .. 3,051 1 11 Sundry debtors — £ s. d. Rents .. .. .. 135,054 5 0 Royalties .. .. 1,494 14 10 Interest on sales .. .. 30,023 16 5 Interest on advances .. 75 4 9 Principal buildings instalments . . .. . . 1,102 2 0 Tairawhiti Maori Land Board rates received and not paid into Public Account .. 725 5 1 Rates on Waiapu Native blocks.. .. .. 5,766 4 9 Small Farms Scheme: For rents accrued .. . . 197 10 2 Departmental .. .. 57 6 4 Miscellaneous .. .. 2,510 6 2 . 177,006 15 6 Interest under section 13, Land Laws Amendment Act, 1926 .. 125,982 17 1 Postponements of rent and interest — Under Land Act, 1924 .. 19,279 10 3 Under Mortgagors Relief Acts 1,522 6 6 20,801 16 9 Interest on sales accrued but not due . . 6,548 14 11 Losses in Suspense .. .. .. 3,255 5 2 Profit and Loss Account : Orakei Block .. 155,341 16 10 Revenue Account: Loss for year carried forward 78,292 0 4 Cash in Local Bodies' Deposit Account of Receivers of Land Revenue — Mining district land-occupation £ s. d. leases .. .. .. 1,806 19 10 Thermal Springs District Act, 1910, leases " .. .. 77 15 8 1,884 15 6 £12,433,309 4 11 £12,433,309 4 11 J. H. O'Donnell, Assistant Under-Secretary for Lands. Wm. E. Shaw, Chief Accountant. 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, subject to the explanatory notes dealing with departmental accounts generally as appearing at commencement of Parliamentary Return 8.-l (Pt. IV). The following comments are appended : (1) Expenditure under the New Plymouth Harbour Endowment Act, 1874, totalling £2,120 15s. 10d., which is now reflected in the Income and Expenditure Account of the Lands and Survey Department Account, should, in the opinion of the Audit Office, be included in the Revenue Account and shown as a charge against rents ; (2) the charge on land with respect to expenditure under section 47 of the Land for Settlements Act, 1925, or the corresponding provisions of any former Act, have not been abolished, as required by section 17 (5) (b) of the Land Laws Amendment Act, 1927 ; (3) in the opinion of the Audit Office, the expenditure from Public Works Fund on Native development areas proclaimed subject to section 522, Native Land Act, 1931, £1,541 4s. 9d., which represents expenditure from Crown Lands Account on assets of the Native land developmental schemes controlled by the Native Department, should be reflected in the accounts of the schemes ; (4) the provisions of section 537, subsection .5 (a), of the Native Land Act, 1931, have not been complied with in respect of the asset sundry debtors for rates on Native blocks in Waiapu Consolidation Scheme, £5,766 4s. 9d. —J. H. Fowler, Controller and Auditor-General.

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