Fiji's Native Land Trust Board says its income last year dropped because expiring land leases in the sugar cane belt were not renewed.
Nearly 4,000 expired leases have not been renewed but the NLTB has over 13,000 agricultural leases still under its management.
Last year it recorded an operating deficit of US$390,000.
The NLTB's general manager, Kalivati Bakani, says they have transferred US$440,000 from their reserves, resulting in a small surplus.