2

G.—4

MANGATU No. I—continued. Income Account for the Year ended 31st March, 1926. £ s. d. £ s. d. £ s. d. To Balance, 31st March, 1925 .. 2,868 5 3 By Rents .. .. 8,989 0 3 £ s. d. Dividend .. .. 3 8 0 Interest .. . • 3,208 6 9 Fees .. .. 11110 Commission .. 213 4 5 . - 9,002 19 3 Land-tax .. .. 1,855 5 2 Balance .. .. .. 3,928 14 10 "Legal expenses .. 127 11 7 Committees' expenses and fees .. . ■ 28 7 0 Rates .. .. 59 18 0 Donation to Tikitiki Church Fund .. 150 0 0 Survey expenses .. 11 10 0 Distribution Account No. 2 (85,000 shares at Is. each) .. 4,250 0 0 Management and general expenses .. 159 6 0 10,063 8 10 £12,031 14 1 £12,931 14 1 Statement of Accounts for the Year ended 31st March 1926. Waitangikua Station. Manoatahu Station. £ s. d. £ s. d. Balance at debit, 31st March, 1925 8,133 3 1 Balance at debit, 31st March, 1925 7,313 13 8 Debits. Debits. £ s. d. £ s. d. Seed and sowing .. 236 0 3 Sheep bought .. .. 221 8 0 Fencinu .. 524 8 3 Cattle bought .. .. 659 0 0 8 " 760 8 6 Horses bought .. .. 17 0 0 Sheep bought .. •• 1,739 10 3 Plant (lawn-mower) .. 517 0 Cattle bought .. .. 1,621 0 0 Wages, permanent .. 721 12 0 Wages, permanent .. 606 17 5 Casual labour .. .. 389 3 4 Casual labour .. ■ • 250 19 9 Repairs and maintenance 414 17 10 Repairs and maintenance 431 10 3 Fire and accident insurance 3513 0 Fire and accident premium 38 1 4 Stores .. .. 226 10 5 g tores , .. 167 18 8 Rates and taxes .. 199 0 11 Rates and taxes" 488 18 4 Railage and cartage .. 120 5 1 Rail and cartage •• 112 9 0 Interest 7 •• 3-8 H " Interest .. •• 522 11 4 Management and office exManagement and office cx- penses .. .. 251 8 4 penses .. 201 1 8 Bureau fees .. .. 10 811 Bureau fees 6 8 4 Fruit-trees .. .. 14 11 6 Telephone rent .. .. 60 6 Donations .. .. 1118 0 Rent of private box .. 019 8 Furniture allowance .. 30 0 0 F 6,194 6 6 3,657 5 4 15,087 18 1 10,970 19 0 Credits. Credits. Surplus on 80 bales wool Surplus on wool unrealized, unrealized, 31st March, 31st March, 1925— 1925# 8b bales Cumberland, Realized .. •• 1,638 4 4 T7 reaped .. .. 2,610 2 0 Valued at .. 1,443 10 2 Valued at .. .. 1,607 110 194 14 2 1,003 0 2 Wool sold .. 783 19 9 Wool sold .. .. 118 16 4 Advances against wool .. 427 4 4 Advances against wool .. 1,646 17 1 Sheep sold .. .. 1,155 5 0 Sheep sod .. .. 3,202 5 2 Cattle sold .. .. 882 0 0 Cattle sold .. .. 3,210 17 2 Skins and hides .. 20 5 9 Skins and hides .. 43 18 3 it f 16 12 6 Royalty on posts, battens, " - 3,480 1 6 &c 84 5 3 Meat sold .. • ■ 4 13 0 Balance at debit, 31st March, 1926 £11,607 16 7 9,314 12 5 Balance at debit, 31st March, 1926 £1,656 6 7 Live-stock on station, 31st March, 1926 : —— £ s. d. 6 527 sheep . • 4,461 7 0 Live-stock 011 station, 31st March, 1926 : — '505 cattle .. 1,984 0 0 7,025 sheep .. 4,719 16 0 17 horses .. 85 0 0 887 cattle .. 3,005 10 0 11 horses .. 70 0 0 £6,530 7 0 ===== £7,795 6 0 * Twelve bales still unsold.