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EAST COAST MAORI TRUST LANDS Balance-sheet as at 30th June, 1949 * Liabilities Assets £ s. d. £ s. d. State Advances Corporation: Half-share, Freehold lands .. .. .. .. .. 393,914 6 9 mortgage office premises .. .. .. 734 10 2 Live-stock on stations as per Schedule .. .. .. 126,072 18 0 Bank of New South Wales— £ s. d. Plant and furniture on stations .. .. 24,187 3 11 Current Account .. .. .. 48,549 14 9 £ s. d. Interest accrued .. .. .. 748 0 0 Sundry debtors .. .. .. 6,800 6 8 5 49,297 14 9 Rent due .. .. .. .. 2,226 19 4 Rates accrued .. .. .. .. 2,449 3 3 9,027 6 0 Sundry creditors .. .. .. .. 8,209 9 11 Amounts due by sundry beneficiaries .. .. .. 12,435 4 2 Rent due .. .. .. .. .. 2,226 19 4 Ngapakira live-stock .. .. .. .. 1,350 0 0 Amount at credit of various Block Dis- Investments— tribution Accounts— Common Shelton and Co., Ltd. . . 2 8 6 Dividends unpaid .. .. .. 18,374 5 11 Gisborne Sheep-farmer's Frozen Meat Less advances .. .. .. 3,370 9 8 and Mercantile Co., Ltd. .. .. 364 10 0 15,003 16 3 Hawke's Bay Farmers' Co-operative Special reserve .. .. .. .. 19,891 3 0 Association, Ltd. .. .. 17 10 0 MangatuNo. 1 .. .. .. .. 64,640 19 2 Geo. H. Scales, Ltd. .. .. 15 0 General reserve .. .. .. .. 32,608 5 3 Williams and Kettle, Ltd. .. .. 262 10 0 Balance .. .. .. .. .. 409,521 13 3 648 3 6 Office premises— £ s. d. Half-share, section .. 300 0 0 Half-share, building .. 1,712 12 7 2,012 12 7 Less depreciation .. . . 304 6 4 1,708 6 3 Building plant .. .. . . .. .. 64 16 2 Store premises .. .. .. .. .. 270 0 0

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