B. —1 [PT. IV], SUP. TO 1937.

PUBLIC WORKS DEPARTMENT. ELLESMERE AND FORSYTH RECLAMATION AND AKAROA TRUST ACCOUNT (PUBLIC WORKS FUND). (Section 383, Land Act, 1924.) Income and Expenditure Account foe the Year ended 31st March, 1937. Expenditure. £ s. d. Income. £ s. d. Expenditure under section 6, Ellesmere Land Drainage Rents from Crown lands .. .. .. .. 958 13 6 Act, 1905— Interest on loans raised by Board .. .. 234 13 4 Rebates and remissions of rent .. .. .. 120 13 7 Cost of administration .. .. .. 43 15 11 Balance, being excess of income over expenditure, transferred to Accumulated Fund .. .. 559 10 8 £958 13 6 £958 13 6 Balance-sheet as at 31st March, 1937. Liabilities. Assets. Sundry creditors — £ s. d. £ s. d. Net receipts from sale or lease of Ellesmere Lake £ s. d. Interest under section 6, Ell es - lands .. .. .. .. .. 129,089 3 3 mere Land Drainage Act, 1905 .. 234 13 4 Less expenditure on construction, &c., of LincolnAccumulated Fund — Akaroa Railway .. .. .. .. 111,940 7 9 Balance at Ist April, 1936 .. 16,354 11 6 Add excess of income over expen- Balance in General Purposes Account .. .. 17,148 15 6 diture for year 1936-37 .. 559 10 8 10,914 22 £17,148 15 6 £17,148 15 0 J. W. Scott, A.R.A.N.Z., Chief Accountant, Public Works Department, Wellington. I hereby certify that the Income and Expenditure 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. NATIONAL DEVELOPMENT ACCOUNT (PUBLIC WORKS FUND). ROADS, HARBOUR AVORKS, ROADS ON GOLDFIELDS, LANDS, MISCELLANEOUS, ETC. Income and Expenditure on Capital Account for the Year ended 31st March, 1937. Expenditure. £ s. d. Income. £ s. d. Net expenditure (including a proportion of general Recoveries on account of expenditure of previous " departmental" administrative expenditure years .. .. .. .. .. 118 9 1 on the following works) — Balance, being excess of capital expenditure over Roads .. .. .. •• 994,125 16 3 capital income on roads, harbour works, &c., Harbour works .. .. .. .. 1,781 19 0 transferred to National Development Account 1,080,763 11 7 Lands: Miscellaneous .. .. .. 84,974 5 5 £1,080,882 0 8 £1,080,882 0 8 Balance-sheet as at 31st March, 1937. Liabilities. Assets. Liability to Public Works Fund— £ s. d. National Development Account— £ s. d. Roads, &c. .. .. .. •• 23,436,084 4 4 Net expenditure to 31st March, 1937 — Roads on goidfields .. .. .. 1,141,266 17 3 Roads, &c. .. .. .. .. 23,469,876 10 2 Harbour works .. .. •• 1,047,354 0 0 Roads on goidfields .. .. .. 1,141,266 17 3 Lands: Miscellaneous.. .. .. 1,014,847 711 Harbour works .. .. .. 1,047,448 9 I Development of mining .. .. 73,877 10 0 Lands: Miscellaneous .. .. 924,947 18 11 Main highways .. .. .. 1,226,000 0 0 Development of mining .. .. 73,877 10 0 Buildings .. .. .. 6,000 0 0 Main highways .. .. .. 1,226,000 0 0 Cash .. .. .. •• 2,110,671 18 6 Buildings .. .. .. .. 6,000 0 0 30,056,101 18 0 27,889,417 5 5 Treasury Adjustment Account .. .. 3,800 0 0 Stocks, &c. .. .. .. .. 69,360 2 3 Sundry creditors .. ... 110,814 1 7 Loans to local bodies— £ s. d. Writings-off in Suspense .. .. 832 1 0 Otanomomo River Board 1, 968 510 Inter - Wanganui River Board .. .. 1,245 0 0 Eastbourne Borough Council .. .. 5,424 12 2 Taieri River Trust .. 77,706 4 8 86,344 2 8 Expenses on ment—-Swamp-land drainage .. 4,563 19 7 Hauraki Plains settlement 5,070 0 0 9,633 19 7 Sundry debtors .. .. .. 5,288 11 2 Stores, &.C., deficits . . .. .. 832 1 0 Cash in General Purposes Account .. 2,110,671 18 6 £30,171,548 0 7 £30,171,548 0 7

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