B.—l [PT. IV].

LANDS AND SURVEY DEPARTMENT—continued. OTAGO UNIVERSITY ENDOWMENT ACCOUNT. Receipts and Payments Account for the Year ended 31st March, 1939. Receipts. £ s. d. £ s. d. Payments. £ s. d. £ e. d. Cash on hand Ist April, 1938, in Local Land for Settlements Account for Bodies' Deposit Account of Re- roading-costs (section 47, Land ceiver of Land Revenue at— for Settlements Act, 1925)— Dunedin .. .. .. 1,370 9 4 Principal .. .. .. 45 Oil Invercargill .. .. .. 555 15 0 Interest .. .. .. 72 18 9 1,926 4 4 117 19 g Rents •• •• 5,196 4 7 Administration expenses paid to Consolidated Fund Royalties .. .. .. .. 66 110 (section 118 (1), Reserves and other Lands, &c., Act, 1917) .. .. .. .. 104 16 3 Otago University Council (section 118, (1), Reserves and other Lands, &c., Act, 1917) .. .. 4,439 13 4 Dunedin Athenaeum (Otago Museum Act, 1877) 85 12 0 Cash on hand at 31st March, 1939, in Local Bodies' Deposit Account of Receiver of Land Revenue at— £ s. d. Dunedin .. .. .. 1,861 4 7 Invercargill .. .. .. 579 411 2,440 9 6 £7,188 10 9 £7,188 10 9 Revenue Account for the Year ending 31st March, 1939. Dr. £ s. d. Cr. £ s . d. Administration expenses .. .. .. 131113 Accrued rent .. .. .. .. 6,822 5 7 Interest on loans under section 47 of Land for Accrued royalties .. .. .. .. 66 4 4 Settlements Act, 1925 .. .. . . 79 12 3 Remission of rent granted by — £ s. d. Land Board .. .. .. 777 5 0 Mortgagors and Lessees Rehabilitation Act .. .. .. 2,125 13 2 2,902 18 2 Balance carried down .. .. .. 3,774 8 3 £6,888 9 11 £6,888 9 11 Appropriation of revenue : Otago University Council £ s> <J. under section 118 (1), Reserves and other Lands, £ s. d. Balance brought forward from previous year 7,103 18 3 &c., Act, 1917 .. .. .. .. 4,961 16 6 Balance brought down .. .. .. 3,774 8 3 Dunedin Athenseum under Otago Museum Act, 1877 85 12 0 Revenue appropriated to repay loan - moneys, section 47 of Land for Settlements Act, 1925 .. 45 011 Balance, carried forward .. .. .. 5,785 17 1 £10,878 6 6 £10,878 6 6 Balance-sheet as at 31st March, 1939. Liabilities. £ s. d. Assets. £ s. d. £ s. d. Capital .. .. .. . . 128,845 7 1 Endowment lands— Loan for roading, section 47, Land Leased .. .. .. 129,656 0 0 for Settlements Act, 1925— £ s. d. Unleased .. .. .. '760 0 0 Advances .. .. .. 1,505 4 10 ' 130 416 0 0 Principal instalments .. .. 65 8 1 Sundry debtors for rents .. .. 8*439 13 0 Interest .. .. .. 107 5 0 Sundry debtors for royalties .. .. 0 2 6 1,677 17 11 Cash in hand at 31st March, .1939, Sundry creditors— in Local Bodies' Deposit AcAdministration expenses .. 61 0 3 count of Receiver of Land Otago University Council: Amount Revenue at— not yet paid over .. .. 2,371 6 3 Dunedin .. .. .. 1,861 4 7 Rents charged in advance .. 2,692 0 5 Invercargill .. .. .. 579 4 11 Dunedin Athenaeum: Amount not 2 440 9 6 yet paid over .. .. 42 16 0 Postponed rent: Mortgagors and Lessees Rehabili5,167 2 11 tation Act .. .. .. .. 180 0 0 Revenue Account: Balance carried forward .. 5,785 17 1 £141,476 5 0 £141,476 5 0 R. G. Macmorran, Under-Secretary for Lands. G. I. Beeson, Chief Accountant. I hereby certify that the Statement of Receipts and Payments, 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.

4 —B. 1 [PT. IV].

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