1944 NEW ZEALAND

EAST COAST NATIVE TRUST LANDS MANGATU Nos. 1, 3, and 4 BLOCKS BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE PERIOD Ist JULY, 1943, TO 30TH JUNE, 1944

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

MANGATU No. 1 Balance-sheet as at 30th June, 1944 Liabilities Assets Public Trustee— £ s. d. £ s. d. £ s. d. Mortgages .. .. 148,237 5 0 Freehold lands .. .. .. .. 301,589 13 9 Interest due .. .. 3,142 4 5 £ s. d. 151,379 9 5 Sundry debtors .. .. 4,345 14 10 Bank of New South Wales— Rent due by occupation licensees 366 19 10 Current Account .. 43,028 14 2 — 4,712 14 8 Interest accrued .. .. 457 15 9 Water-supply at Mangatu .. .. .. 70 14 3 43,486 9 11 Rates paid in advance .. .. .. 9 6 10 State Advances Corporation : Half-share of mort- Investments — gage of office premises .. .. .. 1,128 510 Williams and Kettle : Shares 35 0 0 Mangatu 3 and 4 .. .. .. .. 6,488 3 2 £ s. d. East Coast Commissioner .. .. .. 2,516 411 War loan .. 15,000 0 0 Rent due by occupation licensees .. .. 366 19 10 Interest accrued 55 1 4 Sundry creditors .. .. .. .. 2,097 111 15,055 1 4 Distribution Account .. .. .. 1,535 9 11 15,090 1 4 £ s. d. Office premises— Capital Account .. .. 312,058 12 1 Half-share of section .. 300 0 0 Income Account .. .. 25,940 0 7 Half-share of building .. 1,631 9 4 337,998 12 8 1,931 9 4 Less Depreciation Reserve .. 180 15 4 1,750 14 0 Chevrolet truck .. .. .. 300 0 0 Dome Station .. .. 10,823 15 11 Komihana Station .. .. 449 4 2 Mangatahu Station .. .. 12,110 18 10 Maia Station .. .. .. 1,579 5 9 Maungahaumi Station .. .. 211 0 3 Okaihau Station .. .. 8,639 4 0 Omapere Station .. .. 1, 448 9 6 Pukutarewa Station .. .. 21,106 16 2 Tarndale Station .. .. 6,588 1 3 Te Hua Station .. .. 2,186 0 3 Waitangirua Station .. .. 7,308 16 4 Wairere Station .. .. 29,021 16 8 101,473 9 1 Plant and furnishings on stations 9,592 18 8 111,066 7 9 Live-stock on stations as per schedule .. 108,992 7 5 £ s. d. Wool unrealized . . .. 1,038 0 0 Mutton and lamb unrealized .. 1,527 14 10 Produce unrealized .. .. 849 2 9 ——— 3,414 17 7 £546,996 17 7 £546,996 17 7 Auditors' Certificate We have audited the accounts of Mangatu No. 1 Block, East Coast Native Trust Lands, for the year ended 30th June, 1944, 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, Griffin, and Co., Public Accountants, Auditors. Wellington, 2nd November, 1944.