G.—3A,

3

Statement of Accounts foe the Year ended 31st March, 1927. Principal Security Account. Managheia 2d. £ s. d. £ s. d. Balance at debit, 31st March, 1926] .. 53,573 18 10 Balance at debit, 31st March, 1926 .. 2,733 9 0 Debits. Debits. Commission on interest £ s. d. £ s. d. collected .. .. 62 15 4 Distributions to beneficiaries 1,485 10 6 Accrued rates (Mangatu Cost of drain, flood-bank, Nos. 5 and 6).. .. 237 2 6 and bridge .. .. 1,325 7 6 Accrued rates (Mangaokuri Legal expenses .. .. 3 18 6 No. 1) .. 25 6 8 Land-tax .. .. 120 10 11 Interest .. .. 2,678 14 0 Management and office ex- —-—■ penses .. 36 9 0 3,003 18 6 2,971 16 5 56,577 17 4 5,705 5 5 Credits. Credits. Mangatu Nos. 5 and 6 —Rates to 31st Rent .. .. .. 1,398 18 2 March, 1925, written off ... .. 575 17 6 Compensation, transferred to Station Account .. 4,262 19 10 Balance at debit, 31st March, 1927 .. £56,001 19 10 Area taken for road .. 51 9 0 Interest .. .. 2 12 11 5,715 19 11 Area of principal-security blocks— Acres. Mangatu Nos. 5 and 6 .. 21,452 Balance at credit, 31st March, 1927 .. £10 14 6 Mangaokura No. 1.. .. 2,027 Whataupoko G, Sec. 22 .. 10 Pakowhai .. .. 374 Area of block, 5,962 acres 6 perches. Tangotete No. 1 .. 5 Value, £45,485 7s. lOd. Tangotete No. 2 .. 75 Te Kuri .. .. .. 216 24,159 Paroa Station (Mangaheia 2d). £ s. d. Pakowhai Farm. Balance at debit, 31st March, 1926 .. 1,296 5 0 £ s. d. Balance at Credit, 31st March, 1926 .. 3,165 14 6 Debits. £ s. d. Credits. Grass-seed .. .. 96 15 5 Surplus on wool unrealized Compensation .. .. 5,627 7 10 at 31st March, 1926— £ s. d. Cost of survey .. .. 15 5 0 Realized .. .. 189 11 6 Plant, tools, &c. .. 122 5 7 Valued at .. .. 127 0 5 Scrub-cutting .. .. 410 0 0 — New fencing .. .. 300 0 0 62 11 1 Building, painting, and Wool sold .. .. 30 511 alterations .. .. 275 9 3 Advance against wool shipped .. .. 231 4 5 6,847 3 1 Wool unrealized .. 10 0 0 Sheep bought .. .. 3,068 2 4 Skins and hides sold .. 10 13 1 Cattle bought .. .. 930 17 4 Sheep sold .. .. 499 19 1 Horses bought .. .. 137 10 0 Cattie sold .. .. 1,271 17 0 Wages, permanent hands 156 5 0 Meat sold .. .. 7 14 0 Casual labour .. .. 500 5 7 Advance against 399 Running-expenses, including carcasses lamb shipped repairs and maintenance 348 12 3 "Gallic" .. .. 335 0 0 Fire and accident insurance 5 18 0 Produce unrealized — 301 Rates .. .. .. 221 5 2 carcases lamb in works 301 0 0 Cartage .. .. 55 14 7 Interest .. .. 145 9 3 I nterest .. .. 420 2 4 2,905 13 10 Management and office expenscs .. .. 68 17 0 6,071 8 4 12,760 12 8 Debits. Sheep bought .. .. 1,333 14 6 14,056 17 8 Cattle bought .. .. 1,708 13 6 Wages, permanent hands 78 0 0 Credits. Casual labour .. .. 151 10 2 Wool sold .. .. 817 11 11 Running-expenses, includ- Advances against wool ing repairs and mainten- shipped .. .. 3 3 2 ance .. .. 70 12 7 Wool unrealized .. 70 0 0 Cartage .. .. 8 114 Sheep sold .. .. 1,820 2 8 Accident insurance .. 1 18 0 Meat sold .. .. 30 11 3 Rates .. .. 46 6 0 Advance against 59 carcases Management and office ex- lamb (" Gallic") .. 40 0 0 penses .. .. 25 0 0 — —■—■ 2,781 9 0 3,424 6 1 — Balance at debit, 31st March, 1927 .. £11,275 8 8 Balance at credit, 31st March, 1927 .. £2,647 2 3 '—■ Live-stock on station, 31st March, 1927 :—• Live-stock on farm, 31st March, 1927 :—■ £ s - d. £ s. d. 2,865 sheep .. 2,019 9 0 1,053 sheep .. .. 798 10 0 240 cattle .. 822 0 0 92 cattle .. 460 0 0 6 horses .. 120 0 0 £1,258 10 0 £2,961 9 0