G.—Ba

1920. NE W ZE A L AND.

EAST COAST NATIVE TRUST LANDS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR YEAR ENDED 31st MARCH, 1919.

Presented to both Houses of the General Assembly in pursuance of Section, TS of the East Coast Native Trust Lands Act, 1902.

FAST COAST NATIVE TRUST LANDS. Balance-sheet as at 31st March, 1919. Liabilities. Assets. £ s. d. £ s. d. £ s. d. £ s. d. Mortgages secured on free- Freehold lands .. .. 391,798 0 0 hold properties .. 03,900 0 0 Unpaid purchase-money Advances by way of loan 2,050 0 0 on sale of freehold land 8,417 1 6 Interest accrued on same 226 13 8 65,950 0 0 8,643 15 2 Interest accrued to date 1,410 1 2 Rents due .. .. .. 890 7 10 ■ 67,360 I 2 Wool, frozen meat, unOverdraft at bank .. 34,877 12 7 realized .. .. .. 5,010 0 0 Interest accrued to date 1,062 14 4 Sundry debtors and ad35,940 6 1.1 vances on account of Sundry creditors .. .. 9,660 0 10 rents, farm profits, &c. .. 9,092 0 3 Unpaid rents, farm profits, Live-stock on farms .. .. 32,369 2 0 and purchase-money .. .. 5,152 6 8 Investments— Surplus .. .. .. 330,882 14 2 Wairoa Farmers' Cooperative Moat Company (Limited) .. .. 750 0 0 Gisborne Farm c r s' Frozen Meat Company (Limited) .. .. 250 0 0 Office furniture and travelling plant .... 191 15 6 Suspense Account .. .. 0 9 0 £448,995 9 9 £448,995 9 9 Auditor's Certificate. I have audited the accounts of the Fast Coast Commissioner for the year ended 31st March, 1919, and my report on the audit of the accounts is contained in my letter of even date to the Minister of Native Affairs. Wellington, Ist September, 1920. Arthur Clarke, A.C.A., Auditor.