G.—3

2

EAST COAST NATIVE TRUST LANDS. Statement of Receipts and Payments for the Year ending 31st March, 1916. Beceipts. £ s. d. Payments. £ s. d. Rents— Bank overdraft, 31st March, 1915 .. 24,308 6 6 Mangahcia No. 2n .. .. .. 1,700 14 7 Surveys and reading .. .. .. 174 3 8 Mangapoike .. .. .. 1,628 16 1 Clearing bush .. .. .. 1.94 14 3 Raremata . . . . . . . . 212 18 0 Fencing .. .. . . . . 617 8 3 Tahora No. 2 .. .. .. 1,422 16 1 Sowing .. .. .. .. 1.91 17 4 Tawapata South No. 1 .. .. 600 0 0 Buildittgs, yards, and dips .. .. 1,450 2 0 Whangawohi No. lßandlc. .. 60 2 0 Repairs .. .. .. .. 02 3 6 Whaitiri No. 2 .. .. .. 18 0 0 Cutting noxious weeds .. .. 55 4 6 Sales of farm-produce and advances Payments to Nativo owners: Rents, against consignments— farm profits, and purchase-moneys . . 5,521 3 (i Wool and skins .. .. .. 9,41.0 1 6 Rates and taxes ".. .. .. 1,163 12 1 Slice]) .. .. .. .. 5,232 6 5 Interest .. .. .. .. 4,454 4 7 Cattle .. . . . . .. 959 18 2 Law-costs and mortgage expenses .. 233 15 9 Meat and sundries .. . . . . 44 18 0 Salaries — Freezing bonus .. .. . . 5 10 0 Commissioner .. . . .. 400 0 0 Fencing claim . . . . .. 18 9 6 Secretary . . .. .. . . 260 0 0 Interest on unpaid purchase-moneys .. 533 13 4 Office assistant .. . . .. 156 0 0 Mortgage advances . . . . .. 550 0 0 Supervision of farms . . . . 285 13 4 Refunds .. .. .. .. 182 0 6 Travelling-expenses .. .. .. 115 0 I Bank overdraft, 31st March, 1916 .. 27,113 12 9 Audit and office expenses, advertising and printing .. .. . . . . 290 17 3 Office appliances . . .. .. 20 0 0 Fire and accident insurance .. . . 45 16 10 Commission on paying out rents .. 40 0 0 Wages and droving .. .. .. 2,246 4 8 Crops .. . . . . .. 460 17 9 Shearing, dipping, and wool charges .. 1,208 5 3 Deficiency on wool-shipment . . . . 8 17 10 Live-stock purchased— Sheep .. .. .. .. 2,948 16 2 Cattle .. .. .. .. 1,461 0 3 Horses . . .. .. . . 91 0 0 Farm implements and tools and furnishings 222 4 7 Horse-shooing . . .. . . 32 17 9 Provisions and stores. . .. .. 567 16 10 Telephone erection, repairs, and subscriptions . . .. .. .. 72 16 11 Miscellaneous charges.. .. .. 18 10 0 Contributions to patriotic funds . . 130 0 0 Shares in Wairoa Farmers' Frozen Meat Company (Limited) . . .. 250 0 0 £49,759 17 5 £49,759 17 5 T. A. Coleman, Commissioner. Examined and found correct.—Robert Dobson and Co., Auditors.

Balance-sheet at 31st March, 1916. Liabilities. £ s. d. Assets. £ s. d. Mortgages secured on freeholds .. 58,234 0 0 Freehold lands .. .. .. 312,839 0 0 Accrued interest .. .. .. 1,925 8 2 Unpaid purchase-money on sale of freeBank overdraft .. .. .. 27,113 12 9 holds .. .. .. .. 8,41.7 1 6 Advances against wool .. .. 6,422 9 5 Accrued interest on same .. .. 147 13 0 Sundry creditors on open account .. 1,1.72 1 0 Advances on account of roads and surveys 882 17 6 Unpaid rents, farm profits, and purchase- Advances on account of rents, farm money .. .. .. .. 0,854 19 11 profits, and purchase-money .. 4,074 4 5 iff;"!* Rents due and accrued .. .. 1,073 8 I %$& 101,722 11 3 Sundry debtors on open account .. 2,622 18 3 Surplus .. .. .. .. 266,399 4 9 Live-stock on farms .. .. .. 22,285 2 0 Wool, frozen meat, and farm-produce unrealized .. .. .. .. 15,340 0 0 Shares in the Wairoa Farmers' Cooperative Meat Company (Limited) . . 250 0 0 Office furniture and travelling plant . . 160 0 0 Cash in hand .. .. .. 29 11 3 £368,121 16 0 £368,121. 16 0 T. A. Coleman, Commissioner. Examined and found correct.—Robert Dobson and Co., Auditors.