G.-3

2

Statement of Receipts and Payments for the Year ending 31st March, 1912.

Receipts. £ s. d. j Rents, — Mangaheia No. 2d .. .. .. 1,784 2 3 Mangapoike .. .. .. 1,031 19 6 Paremata .. .. .. 408 13 4 Tahora No. 2 .. .. .. 244 19 5 Tawapata South No. 1 .. .. 600 0 0 Whangawehi Nos. 1a, 1b, 1c .. 60 I 0 Whaitiri No. 2 .. .. .. 36 0 0 Sales of farm-produce, and advances against consignments— Wool and skins .. .. .. 3,215 17 6 Sheep .. ,. .. .. I,888 7 11 Cattle and hides .. .. .. 2721910 Frozen meat .. .. .. 3.090 12 10 I Rebates on freezing charges .. .. 51 0 5 Deposit on sale of Whangawehi No. 1a. . 1,323 8 8 Deposit on application for option over Maungawaru Nos. 2 and 3 .. .. 5 0 0 Deposit on application for lease of Lots 4 and 5 of Mangapoike No. 2a3 . . 207 5 9 Exchange .. .. . . .. 0 3 6 Advances repaid . .. .. .. 19 19 6 Mortgage advance .. . . .. 400 0 0 Part of compensation paid for Hurukino clearing deposited with Commissioner 110 0 0 Refunds— Rents .. .. .. .. 6 0 0 Telephone-erection .. .. 4 0 0 Insurance .. .. .. 4 0 0 Court fees . . .. .. 0 2 0 Bank overdraft, 31st March, 1912 .. 26,518 8 11 £41,282 14 8

Payment,'!. £ s. d. Bank overdraft, 31st March, 1911 .. 17,360 1 6 Surveys, roading, and valuation expenses 854 9 11 Sale expenses .. .. .. 92 12 7 Permanent improvements on farms— Clearing bush .. .. .. 903 13 1 Fencing .. .. . . . . 976 19 7 Sowing .. .. .. . . 558 2 8 Buildings . . .. .. .. 731 6 10 Telephone-erection .. .. 9 10 0 Draining .. .". .. .. 55 17 10 Rents paid to Native owners .. .. 2,200 6 9 Purchase-money paid to Native owners on account of land sold .. .. 2,848 2 7 Rates and taxes .. .. . . 883 11 6 Interest . . .. .. .. 2,776 4 11 Law-costs and mortgage expenses .. 381 18 7 Court fees .. .. . . .. 7 10 Salaries— Commissioner .. .. .. 400 0 0 Secretary .. .. .. .. 200 0 0 Supervision of farms .. .. 351 19 2 Travelling-expenses .. .. .. 121 15 9 Auditing and office expenses, advertising and printing .. .. .. 259 .19 8 Fire and accident insurance .. .. 17 14 5 Commission on paying over rents (two years) . . .. .. .. 50 0 0 Farm-working expenditure— Purchases of sheep .. .. 3,536 12 9 Purchases'of cattle.. .. .. 1.732 2 7 Purchases of horses .. .. 101 0 0 Wages and droving .. . . 877 11 2 Shearing, dipping, crutehing, and wool charges.. . . .. .. 605 15 2 Freezing charges . . .. . . 786 13 2 Crops .. .. .. .. 140 8 6 Tracks .. .. .. .. 19 11 1 Provisions and stores .. .. 630 14 11 Plant .. .. .. .. 153 7 2 Eradicating noxious weeds .. .. 24 3 6 Reclamation on frozen meat .. 34 I I 5 Advances to Natives .. .. 38 14 8 Compensation to Natives for improvements to Hurukino clearing .. 160 0 0 Mortgage paid off . . .. .. 400 0 0 £41,28.2 14 8 T. A. Coleman, Commissioner.

Examined and found correct. —J. Sandtmann, F.I.A.N.Z. 23rd October, 1912.

Balance-sheet at 31st March, 1912.

Liabilities. £ s. d. Mortgage secured on freeholds. . 31 ,750 0 0 Accrued interest .. .. .. 1,327 14 1 Bank overdraft .. .. .. 26,518 8 11 Sundry creditors on open account .. 1,038 7 7 Advances against wool and frozen meat 2,652 15 11 Suspense Account .. .. .. 682 10 0 j Unclaimed rents and purchase-money .. 2,218 15 0 I —. l 66,188 11 6 Surplus .. .. .. .. 251,120 14 1 { £317,309 5 7 j

Assets. £ s. d. Freehold lands .. .. .. 292,490 0 0 Unpaid purchaso-rnonoy on sale of freeholds .. .. .. .. 5,466 19 0 Advances on account of roads, surveys, and bush contracts .. .. 471 1.1 2 Sundry debtors on open account .. 642 2 7 Rents due and accrued . . .. 997 18 8 Live-stock on farms .. .. .. 12,312 19 0 Wool and frozen meat unrealized . , 4,618 9 I Suspense Account .. .. .. 309 6 1. £317,309 5 7 T. A. Coleman, Commissioner.

Examined and found correct. —J. Sandtmann, F.LA.N.Z. 23rd October, 1912.