G—4

MANGATU No. I—continued Statement op Accounts for the Year ended 30th June, 1947 TAREWA STUD Debits £ s. d. Balance at debit at 30th June, 1946 .. .. .. .. .. .. 9,136 1 5 £ s. d. Plant and furniture at 30th June, 1946 .. .. .. .. 1,266 6 8 Plant bought .. .. .. .. .. .. 384 11 0 — 1,650 17 8 Building dam .. .. .. .. .. .. 89 0 0. Electrical installation .. .. .. .. .. .. 37 6 1 Materials, new cottage .. .. .. .. .. 207 14 2 334 0 3 Live-stock at 30th June, 1946 £ s. d. 782 sheep .. .. .. .. .. 1,660 6 5 393 cattle .. .. .. .. .. 4,556 14 10 10 horses .. .. .. .. .. 110 0 0 g 327 i 3 Sheep bought .. .. .. .. .. .. 567 0 0 Wages .. .. .. .. .. .. .. 1,656 12 7 Repairs, maintenance, and running-expenses .. .. .. 2,140 18 8 Rates .. .. .. .. .. .. .. 169 19 11 Interest .. .. .. .. .. .. .. 652 18 5 Management and office expenses .. .. .. .. 179 5 10 11,693 16 8 22,814 16 0 Credits 1946 wool— £ s. d. £ s. d. Retention .. .. .. .. .. 43 13 11 Realized .. .. .. 15 7 6 Valued at .. .. .. .. 8 0 0 7 7 6 5l 1 5 1947 wool— Sold .. .. .. .. .. 558 5 5 Unrealized .. .. .. .. .. 16 0 0 574 5 5 Sheep sold .. .. .. .. .. .. .. 803 5 0 Cattle sold .. .. .. .. .. .. .. 3,167 9 0 Skins and hides sold .. .. .. .. .. .. 18 011 Live-stock at 30th June, 1947 £ s. d. 1,051 sheep .. .. .. .. .. 1,895 10 0 362 cattle .. .. .. .. .. 4,644 0 0 10 horses .. .. .. .. .. 125 0 0 6,664 10 0 Loss for year .. .. .. .. .. .. .. 415 4 11 11,693 16 8 Plant and furniture at 30th June, 1947 .. .. .. .. 1,650 17 8 13,344 14 4 Balance at debit at 30th June, 1947 .. .. .. .. .. .. £9,470 1 8

27