G—3

EAST COAST MAORI TRUST LANDS —continued Statement op Accounts foe Year Ended 30th June, 1949 —continued MANGAOTANE STATION (MANGATU 5 AND 6) Credits £ s. d. Accumulated profits to 30th. June, 1948, transferred to special reserve .. .. 15,420 13 1 Plant and furniture at 30th June, 1948 .. .. . . . . .. 879 10 6 Materials, new men's quarters and preparation site .. .. .. . - 437 4 11 Live-stock at 30th June, 1948 — £ s. d. £ s. d. 4,505 sheep .. .. •• •• 3,132 2 0 710 cattle .. .. • • •• 3,410 10 0 31 horses .. • • • • • • 239 0 0 6,781 12 0 Sheep bought (20 rams) .. .. • • • • • • 210 0 0 Cattle bought (173) .. .. •- •• •• 2,422 0 0 Horses bought (10) .. .. • • • • ■ ■ • • 49 0 0 Wages 2,171 10 1 Repairs, maintenance, and running-expenses .. .. .. 1,249 7 5 Rates .. .. .. .. ■. • • • • 88 13 2 Management and office expenses .. .. .. .. 197 7 0 Profit for year transferred to special reserve .. .. .. 4,470 9 11 17,639 19 7 34,377 8 1 Balance at credit at 30th June, 1948 .. .. .. 7,661 2 6 Balance at 30th June, 1948, transferred from special reserve .. 2,460 17 2 — 10,121 19 8 24,255 8 5 Debits 1948 wool— £ s. d. Sold .. .. .. .. 102 8 3 Valued at .. .. .. 40 0 0 62 8 3 1949 wool— Sold .. .. .. .. 2,526 4 8 Unrealized .. .. .. 40 0 0 2,566 4 8 2,628,12 11 Sheep sold (1,885) .. .. .. •• •• •• 3,415 19 6 Cattle sold (397) .. .. .. •• •• 6,582 15 0 Meat sold . . .. .. .. • • • • • • 13 10 0 Skins and hides sold .. .. • ■ • • • • 63 11 . 6 Rebate on purchases ex Trust store .. •. • • • • 27 5 3 Rebate on cartage by Trust truck .. •• •• •• 36110 Interest . . .. .. .. - • • • 818 5 Live-stock at 30th June, 1949 — 3,498 sheep .. .. .. .. •• 2,356 16 0 460 cattle .. .. .. .. •• 2,274 0 0 35 horses .. .. .. .. • • 232 0:0 4,862 16 0 17,639 19 7 Plant and furniture at 30th June, 1949 .. - - •. 879 10 6 18,519 10 1 Balance at debit at 30th June, 1949.. .. .. j. •• •• £5,735 18 4 Lambing tally ~ .. .. 1,209 Calving tally Area of Station .. .. 13,608 acres.

2—G 3

33