B—l [Pt. IV]

NATIVE DEPARTMENT— continued SPECIAL NATIVE HOUSING FUND— continued Balance-sheet as at 31st March, 1946 Liabilities £ Assets Special Native Housing Fund .. .. .. .. 200,740 Land not yet built on— £ £ Deposits and credit balances held against advances (117) .. 9,370 Purchased .. .. .. .. 391 Sundry creditors .. .. .. .. .. .. 12 Donated .. .. .. .. . . 25 416 Temporary accommodation : Six army huts.. .. .. 352 Rented properties— Acquisition of land and improvements .. .. 460 Erection— Eleven cottages .. .. .. .. 4,555 Two huts on Crown land .. .. ~ 123 5,138 Vacant section .. .. .. .. 209 5,347 Less Depreciation Reserve .. ~ . . 578 4,769 I Loans to Maoris (373)— Principal outstanding .. .. .. .. 80,747 Interest outstanding .. .. . . .. 122 80,869 Sundry debtors .. .. .. .. .. .. 84 Cash balances— With Native Trustee .. .. .. ..113,902 With Maori Land Boards .. .. .. 9,730 123,632 £210,122 | £210,122

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