B—l [Pt. IV]

SPECIAL MAORI HOUSING FUND Statement of Receipts and Payments for the Year Ended 31st March, 1947 Receipts £ Payments £ Balance, Ist April, 1946 .. .. .. .. .. 123,632 Payments (loans for erection of houses, &c.) .. .. .. 23,675 Receipts (interest, repayments of principal, &c.) .. .. 29,692 Balance, 31st March, 1947 .. .. .. .. 131,705 Grant from Consolidated Fund equivalent to one-third Maori Trust Office profits for year 1944-45 .. .. .. 2,056 £155,380 £155,380 Income and Expenditure Account for the Year Ended 31st March, 1947 Expenditure £ 4 Income Interest allowed on deposits, &c. .. .. .. .. 155 Interest earned— £ £ War-damage insurance : Fund's proportion .. .. .. 40 On loans to Maoris .. .. .. .. 3,503 Miscellaneous .. .. .. .. .. .. 1 On funds held by Maori Trustee .. .. .. 2,346 Rental properties— £ 5 > Rates .. .. .. .. • • • • 52 Insurance rebates .. .. .. • • • • 30 Insurance .. .. ... .. 14 Rented properties: Rents received .. .. .. 613 Depreciation .. .. .. .. •. 156 222 Excess of income over expenditure, transferred to Special Housing Fund .. .. .. .. •• •• •• 6,074 £6,492 £6,492 Special Housing Fund Dr. £ Cr. ' £ Balance, 31st March, 1947 .. .. .. .. .. 208„870 j Balance, Ist April, 1946 .. .. .. .. •• 200,740 i Additional grant . . .. .. .. • • • • 2,056 I Excess of income over expenditure .. .. ... .. 6,074 £208,870'' | £208,870

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