B.—l [PT. IV]

ARAWA DISTRICT TRUST BOARD—continued Income and Expenditure Account for the Year ended 31st March, 1942 Expenditure £ £ Income wants — Aged and infirm .. .. .. 22 New Zealand Government .. .. .. 6 000 Educational 297 Arawa Maori Council .. .. ' 2 Marae .. .. .. ~ # # qq Special (including emergency hospital) .. 331 Arawa soldiers (active and returned) .. 168 . , . . 884 Administration— Members' expenses .. .. .. 38 Office expenses .. .. .. .. 157 Office rent .. .. .. ~ 65 Salaries.. .. .. .. .. 429 ri 689 Depreciation .. .. .. . _ Interest .. .. .. .. ~ 731 Sundries .. .. .. .. , j q Balance forward .. .. .. ] !! 3,596 ' £6^002 £6,002 £ T> _ Balance brought down .. .. .. 3 kqr Koutu Road written off .. .. .. g M arae accounts written off (recovered) .. '252 Marae Ngapuna, written off .. .. .. 10 Commissions .. .. .. .. | 2 Loans Repayment Reserve .. .. . . | ,729 Miscellaneous loans written off (recovered) .. J1 Balance to balance-sheet 14,245 Balance, 31st March, 1941 .. .. .. .. 12.131 £15 ' 992 £15,992 Balance-sheet as at 31st March, 1942 Liabilities Assets Native lnistee (Treasury) £ £ Property investments— £ c Finance Adjustment Loan. . .. .. 19,285 Maketu property (farm) .. 27 645 Village improvement .. .. .. 59 Maketu purchases .. .. " 6 ,'115 „ , 19,344 Whakapoungakau 4k .. .. . 43s Sundry creditors Other properties . . . . 027 Materials and goods .. .. .. 803 ' ..4 qok Services rendered .. .. .. 344 Other investments: Shares (Associated Motors) .. 10 . , ~ . 1 > 147 Loans (including interest) — Amount held in trust— Miscellaneous 2 866 Sundry Natives .. .. .. .. 250 Workers'dwellings .. .. 1'676 Sundry villages 1,589 Agricultural .. .. ' l'oB7 Sundry tribes ........ 40 " ' 5 fi2 Q Emergency hospital (furnishing) .. .. 10 Sundry debtors— _ . 1,889 Ordinary .. .. .. 2 347 Deposits- Maketu: Fencing .. .. " 484 Otaramarae rents ...... 63 ' 9 s .> Opotiki rents .. . . .. .. 64 Amounts expended (recoverable) — Whaiti Kuranui rents .. .. .. 3 Sundry villages .. .. .. .. 2,192 — 130 Sundry tribes .. .. . 1151 Miscellaneous- Sundry Natives .. .. 49 Rent accrued due ...... 27 '' „ Audit 1 ees Reserve .. .. .. 30 Equipment, plant, &c.— Suspense (unallocated creditors) .. .. 32 Office furniture, less depreciation .. 166 Sundries .. .. . . . . 37 Tools _ _ .... .. . . 9 , D i — 126 Carvings .. .. .. .. 17 Loans Repayment Reserve .. .. .. .. 9,706 Timber on hand .. . 100 Maketu Farm: Profits received National Service '' ono Department .. .. .. .. .. 1,000 CashIncome and expenditure 14,245 Bank of New Zealand, Rotorua .. .. 108 Reserve Bank, Wellington.. .. .. 500 608 £47,587 £47,587 , Raniera Kingt, Secretary. The Audit Office, having examined the Balance-sheet and accompanying accounts required by law to be audited hereby certifies them to be correct, subject to the following exception : A loan to a member of the Board has not been secured by mortgage of Native freehold land as required by section 52 (1), Native Purposes Act 1931 J P Rutherford, Deputy Controller and Auditor-General.

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