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1941. NEW ZEALAND.

EAST COAST NATIVE TRUST LANDS. MANGATU Nos. 1, 3, and 4 BLOCKS. BALANCE-SHEET AND STATEMENTS OF ACCOUNTS FOR THE PERIOD 1st JULY, 1940, TO 30th JUNE, 1941.

Presented to both Houses of the General Assembly in -pursuance of Section 40 of the Native Purposes Act, 1931.

MANGATU No. 1. Balance-sheet as at 30th June, 1941. Liabilities. Assets. Public Trustee— £ s. d. £ s. d. £ s. d. Mortgages .. • • 148,237 5 0 Freehold lands .. .. .. .. 301,589 13 9 Interest .. .. -■ 3,150 0 8 £ s. d. 151,387 5 8 Roads Account .. .. 2,092 5 1 Bank of New South Wales— Survey Account .. .. 287 8 6 Current Account .. .. 9,575 15 8 Fencing Account .. .. 116 7 0 Interest accrued .. .. 110 13 0 Sundry blocks .. . . 533 16 5 9,686 8 8 Royal Commission .. .. 1,899 5 11 Mansratu Nos. 3 and 4 .. .. ■■ 6,200 12 6 Owners' appeal as to ownership 859 5 9 Rates accrued .... .. . • • • 62 2 9 5,788 8 8 Rent due by occupation licensees .. .. 382 611 East Coast Commissioner .. .. .. 1,927 3 7 Sundry creditors .. ... .. •• 963 13 2 Sundry debtors .. .. .. .. 4,739 5 O Distribution Account .. .. •• 1,174 7 1 Investments— Mangatahu Station: Current Williams and Kettle: Shares .. 35 0 0 Account .. .. •• 80,690 13 4 £ s. d. Wairere Station: Current Inscribed stock ..12,916 II 6 Account .. .. .. 52,265 19 3 Interest accrued .. 182 17 2 132,956 12 7 r 13,099 8 8 Amount remitted from London on account mutton War loan .. .. 5,000 0 0 and lamb on account sales not vet to hand .. 1,771 6 I — 18,134 8 8 Capital 4ecount .. .. .. .. 206,780 13 0 Kokomoko Station: Current * Account.. .. .. 11,311 8 11 Okaihau Station: Current Account .. .. .. 21,939 11 9 Pukutarewa Station: Current Account .. .. .. 20,223 17 4 Tarndale Station: Current Account .. .. .. 17,845 19 6 Waitangirua Station : Current Account .. .. .. 21,365 6 7 — 92,686 4 1 Live-stock on stations as per schedule .. .. 56,329 8 0 Building-materials on hand .. 70 8 3 Wool unrealized .. .. 556 0 0 Produce unrealized .. .. 425 10 0 — 1,051 18 3 Income Account .. .. .. .. 29,118 18 5 £511,365 8 5 £511,365 8 5

Auditors' Certificate. We have audited the accounts of Mangatu No. 1 Block, Bast Coast Native Trusts Lands, for the year ending 30th June, 1941, and our report on the audit of the accounts is contained in letter of even date to the Hon. the Minister of Native Affairs.

Clarke, Menzies, Griffen, and Co., Public Accountants, Auditors.

Wellington, 23rd September, 1941.

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