B. —1 [PT. TV], SUP. to 1937.

NEW ZEALAND REPARATION ESTATES—continued. Profit and Loss Appropriation Account for the Year ended 31st March, 1937. Dr. £ s. d. £ s. d. Or. £ s. d. £ s. d. Balance .. .. .. .. .. 2,924 11 8 Interest on ex-enemy mortgages .. 138 12 7 Banana Scheme Account .. .. 14 0 Exchange Account .. .. .. 7 3 6 Reserve for plantation renewals .. 2,000 0 0 Realization Account.. .. .. 15 12 6 2,001 4 0 161 8 7 Balance carried down .. .. .. 12,475 6 4 Profit and Loss Account .. .. .. 17,239 13 5 £17,401 2 0 £17,401 2 0 £ s. d. Balance brought down .. .. .. 12,475 6 4 Balance-sheet as at 31st March, 1937. Liabilities. Assets. £ s. d. £ s. d. Properties unoccupied— £ s. d. £ s. d. Capital Account.. .. .. .. 699,661 10 6 Land .. .. .. 84,933 16 2 Reserves — Buildings .. .. 44 13 0 Black Boys' Repatriation Con- Improvements .. .. 2,292 7 11 tingency Account .. .. 1,943 9 2 Total non-revenue-producing items 87,270 17 1 Plantation renewals .. . . 4,920 1 6 Properties leased — r— 6,863 10 8 Residential buildMortgages payable in Samoa .. .. 3,313 15 7 ings— £ s. d. Sundry creditors .. .. .. 1,432 3 7 Land .. 17,359 2 8 Deposit Account .. .. .. 232 13 8 Buildings .. 31,282 18 9 Writings-off in Suspense Account .. .. 1,959 2 4 Plant and ma- £ s. d. chinery .. 1,093 0 7 Banana Scheme Account.. .. 11,357 4 9 Furniture .. 356 1 11 Less Scheme assets .. .. 9,944 8 0 ■ — 50,091 3 11 1,412 16 9 Plantations— Profit and Loss Appropriation Account 12,475 6 4 Land .. 91,553 16 8 Buildings .. 18,688 18 8 Improvements 7,390 1 9 117,632 17 1 Properties worked —- Land .. .. 352,534 11 9 Buildings .. 23,827 4 3 Plant and machinery .. 2,955 6 5 Furniture .. 222 7 6 Stores .. .. 182 II 8 Live-stock .. 23,042 18 0 402,764 19 7 Plant and machinery, Head Office— Engineers' and carpenters' shop 344 13 6 Weighbridge .. 41 0 0 Yard plant .. 147 1 0 532 14 Sundry assets— Motor-boats and equipment .. 1,407 10 0 Motor-lorries and trailers .. 567 17 5 Leaupuni watersupply .. 190 0 8 2,225 17 I Total revenue-producing items —-— 573,247 12 Sundry debtors — Ordinary debtors £ s. d. and rents owing 4,729 13 7 Estate in bankruptcy .. 355 12 4 5,085 5 11 Secured debtors— Land purchases .. 3,090 19 5 Mortgages .. 6,759 13 10 Bills of sale .. 615 7 10 10,466 1 1 15,551 7 0 Less reserve for bad and doubtful debts .. .. .. 1,855 13 2 13,695 13 10 Bank of New Zealand Account 1,894 10 9 Duty deposit .. .. .. 87 0 0 Paymaster-General's Account, Wellington .. .. .. 24,757 4 9 Stamps .. .. ' .. 0 7 9 26,739 3 3 Rent paid in advancc .. .. 139 14 0 Stores and stocks on hand 3,821 13 I Produce on hand and on consign men t 18,235 3 8 22,196 10 9 Losses on realization .. .. 2,205 4 5 Outstanding losses in Suspense Account .. .. 1,959 2 4 4,164 6 9 Exchange Suspense Account .. .. 36 15 7 £727,350 19 5 £727,350 19 5 N. Wynyard, Accountant. I hereby certify that the Profit and Loss Account, Trading 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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