EAST COAST NATIVE TRUST LANDS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS AS AT 31st MARCH, 1922.

Appendix to the Journals of the House of Representatives, 1923 Session I-II, G-03

a.-n

Session 11. 1923. NEW ZEALAND.

EAST COAST NATIVE TRUST LANDS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS AS AT 31st MARCH, 1922.

Presented to both Houses of the General Assembly in pursuance of Section 13 of the East Coast Native Trust Lands Act, 1902.

east coast native trust lands. Balance-sheet as at 31st March, 1922. Liabilities. Assets. £ S. d. £ s. d. £ a . a. £ s . ( j_ Mortgages secured on free- Freehold land .. .. .. 350,821 .12 6 hold .. .. 05,800 0 0 Unpaid purchase-money on Interest accrued on same.. 1,861 10 10 sale of freehold .. 43,190 (i 0 07,101 10 10 Interest accrued .. 187 14 ;j Money advanced by way of 43,378 0 3 loan .. .. 1,031 5 0 Rents due and accrued .. .. 3,045 7 2 Interest accrued on same.. 54 10 10 Produce unrealized— 1,080 110 Wool .. .. 1,047 0 0 Accruod rates and taxes .. .. 2,448 18 0 Mutton .. .. 374 7 4 Bank of Australasia .. 38,730 14 9 Beef .. .. 101 '0 0 Interest accrued on same. . 1,281 14 3 2,122 7 4 40,018 9 0 Live-stock on farms .. .. 22,314 15 0 Sundry creditors — Stores on hand . . .. .. 557 13 2 Dalgety and Co. (Li- Advances to Natives on mited), Gisborne .. 1,437 13 11 account, of farm profits, Dalgety and Co. (Li- rentals, &c. .. .. 5,593 0 0 mited), Wairoa .. 1,193 18 1 Sundry debtors on open Williams and Kettle, Gis- account .. .. 911 13 n borne .. .. 8,805 011 0,504 13 11 On open account .. 308 1 7 Advances to blocks on ac11,805 0 0 count of sundry rents .. .. 975 3 3 Amounts due to Natives on Investments— account, of rents, farm Wairoa Farmers' Goprofits, &C. .. .. 1,952 8 2 operative Meat ComAmount at oredit of block pany (Limited) .. 75(1 0 o rentals, &c. .. .. 4,945 9 1 Gisborne Sheep-farmers' — 0,897 17 3 Frozen Meat CornAmount held in suspense pany (Limited) — re Lot 2, Tahora 2c 3 .. 3,198 10 0 500 ordinary shares of Interest accrued .. 159 18 0 £1 each fully paid.. 500 0 0 3,358 8 0 958 shares (head rate) Surplus .. .. .. 305,755 9 8 of £1 each, 12s. 6d. called up .. 598 15 0 1,848 15 0 Office fixtures and furniture 110 18 0 Travelling plant .. 202 10 0 313 8 0 C. Milne, imprest, account .. 5(1 0 0 £438,531 15 7 £438,531 16 7 Auditor's Certificate. I have audited the accounts of the East Coast Native Trust lands for the year ended 31st March, 1922, and my report on the audit of the accounts is contained in my letter of even date to the Minister of Native Affairs. Wellington, 23rd August, 1922. Arthur T. Clarke, A.C.A., Auditor.

i—a. 3.

Or.— 3

2

Statement showing the Position op the Different Blocks as at 31st March, 1922. Amount at Debit of the Undermentioned Blocks on Current Amount at Credit of the Undermentioned Blocks on Current Account. ' Account. Principal-security blocks— £ s. d. £ s. d. £ s. d. General Account .. 43,183 0 7 Mangaheia 2d .. .. .. 1,319 12 4 Live - stock Account, Mangapoike 2a 3 .. .. .. 679 3 3 Pakowhai .. .. 792 0 0 Mangapoike B .. .. .. 201 14 3 Mangapoike 2e .. .. .. 4 19 0 43,975 0 7 Maraetaha No. 2, Sec. 4 .. .. 10,209 18 1 Less amount at credit Paremata 04 (No. 1 Account) .. .. 14,058 12 5 of Farm Account .. 25 15 2 Paremata 04 (No. 2 Account) .. .. 314 5 8 43,949 5 5 Tahora 2o 2, Sec. 2 .. .. .. 805 10 9 Mangapoike A.. .. .. 534 7 4 Tahora 2c 3, Sec. 2 .. .. .. 33,318 10 7 Mangapoike 2b— . Whaitiri No. 2 .. .. .. 871 8 11 General Account .. 5,334 18 9 Live-stock Account .. 4,043 9 0 Amount at Credit of the Undermentioned Blocks for Value of their Freehold. 9,978 7 9 Mangatu Nos. 5 and 0 "1 £ s. d. Less amount at credit Mangakura No. 1 of Farm Account .. 2,471 8 9 Pakowhai .. Lior7 n n 7,506 19 0 Tangotete Nos. 1 and 2 h 34 ' 9 '' 7 ° ° Mangapoike 2d .. .. 1,239 11 10 Te Kuri Maraetaha No. 2, Sees. 3 and 0 - Whataupoto G, Sec. 22 General Account, .. 2,329 18 8 Mangaheia 2d .. .. 39,858 0 0 Live-stock Account .. 2,43117 0 Mangapoike A .. .. 39,798 0 0 Farm Account .. 7,436 19 9 Mangapoike 2a 3 ..21,995 0 0 12,198 15 5 Mangapoike B .. .. 1,018 0 0 Maraetaha No. 2, part Sees. Mangapoike 2b .. .. 11,294 0 0 3 and 0 (new burn) .. .. 1,857 18 2 Mangapoike!) .. .. 10,779 0 0 Maungawam No. 2 .. .. 13,440 9 5 Maungawaru No. 2 .. 5,500 0 0 Maungawaru No. 3 .. .. 4,041 14 0 Mangapoike 2e .. .. 4,470 0 0 Paremata No. 3— Maungawaru No. 3 .. 7,000 0 0 General Account .. 14,803 11 2 Maraetaha No. 2, Sees. 3 Live-stock Account .. 2,035 5 0 anc l y . , .. 29,842 0 0 Paremata, Sec. 48 .. '.390 0 0 16,838 10 2 Paremata, Sec. 64 .. 9,550 0 0 Less amount at credit, Paremata, Sees. 73 and 73a 1,012 0 0 of Farm Account, . . 13,247 13 2 Paremata, Sec. 4.. .. 4,348 0 0 3.591 3 0 Paremata, ISec. 3.. .. 20,807 (I 0 Paremata Nos. 73 and 73a .. 202 7 0 Tahora 2c 1, Sec. 3 ..41,157 0 0 Tahora 2c 1, Sec. 3— Tahora 2c 2, Sec. 2 .. 3,800 0 0 Live-stock Accounts .. 4,930 15 0 Tahora 2f, Sec. 2 .. 30,704 0 0 Farm Accounts .. 8,730 9 9 Tahora 2c, Sec. 2 .. 1,340 0 0 Tawapata South No. 1 .. 12,000 0 0 1 3,073 4 9 Whangawehi Nos. 1 Handle 4,120 0 0 Less amount at credit Whaitiri No. 2 .. .. 1,565 0 0 of General Account 3,980 12 3 Maraetaha No. Id, TeKopua 24,899 0 0 9,080 12 0 Tahora 2f, Sec. 2— 302,329 0 0 General Account .. 4,155 9 9 Less amount standing to Live-stock Account .. 3,897 7 0 the debit of Tahora 2o 3, Farm Account .. 7,220 10 8 g ee . 2 , after sale to W. - 15,273 7 5 Chappell of Lots 3, 4, Tahora 2c, Sec. 2 .. .. 301 3 4 and 5, £27,730, and further Tawapata South No. 1 .. .. 1,272 11 4 sale to Crown of 183 acres Whangawehi Nos. Ib, .0.. .. 3,708 2 11 and 2 0 perches at £3 per Maraetaha No. Id, Te Ko- acre> £549 7s . (;d. .. 5,507 7 o pua)— 350,821 12 0 General Farm Account.. 12,782 8 0 Live-stock on farm, as per contra ..22,314 15 0 Live-stock Account .. 3,578 2 0 10,360 10 0 Balance- Surplus, as per balance-sheet .. 305,755 9 8 £441,040 8 9 £441,040 8 9 . Statements of Account for the Year ended 31st March, 1922. Principal-security Blocks. £ s. d. Balance at debit, 31st March, 1921 .. 40,393 13 11 area and value of principal-security blocks. Acres. Payments. Mangatu Nos. 5 and 0 .. .. .. 21,452 Patai Wilson—Expenses of Mar.gaol.urn, No. 1 .. .. .. .. 2,027 meeting at Murawai re, £ s. d. Pakowhai .. .. .. .. 374 Te Kuri indemnity .. 50 0 Tangotete No. 1 .. .. .. .. 5 County rates .. .. 330 19 7 Tangotete No. 2 .. .. .. .. 75 Interest .. .. 2,423 15 7 Te Kuri .. .. .. .. .. 210 Management and offico ox- Whataupoko G, Sec. 32 .. .. 10 penses .. .. 29 II 6 2,789 6 8 24 > J 59 ! Value, £34,957. , n . , Balance at debit, 31st March, 1922 ..£43,183 0 7

3

&—3

Statements ok Account for the Year ended 31st March, 1922 — continued. I'UINCII'AL-SECURITY BLOCK—I'AKOWIIAI FARM. MaNOAPOIKH A Balance at debit, 31st March, 1921 Hive- £ s. d. , , , £ s - d - - c[a to B _ 4yr; q q Balanco at debit, 31st March, 1921 .. 624 19 9 Debits. Payments. £ s. d. £ s. d. Oats unrealized at 31st March, Land-tax .. .. .. 592 010 1921 .. .. .. .. 30 0 0 Interest .. .. .. 22 3 9 Fencing .. .. .. 12 17 6 Management and office cx-Wator-supply .. .. 610 0 penses .. .. .. 18 1 0 Clearing .. .. .. 41 5 0 632 6 1 60 12 6 Sheep bought .. .. 673 19 0 1,257 510 Cattle bought .. .. 817 10 0 Receipts. Wages, &c. .. .. 112 110 Bents .. .. .. .. 722 18 6 Shearing, &c. .. .. 13 2 3 Ploughing.. .. .. 139 12 3 Balance at debit, 31st March, 1922 .. £534 7 4 Repairs .. .. .. 15 3 3 * — ■ — Seed (rape, barley, and mustard) 12 18 3 Area of block, 16,420 acres. Value, £39,798. Station requisites .. .. 0 17 6 Cartage .. .. .. 7 15 0 Rates .. .. .. 46 15 6 Fire, marine, and accident insurance .. .. 15 3 6 Office expenses .. .. 37 4 2 Mangapoike No. 2a 3. Interest .. .. .. 206 8 5 £ s d 2,098 10 11 Balance at debit, 31st March, 1921 .. 30 110 2 - (i74 ;J 5 Payments. Gredilt. £ s. d. Sheep sold .. .. 516 110 County rates .. .. 712 1 Cattle sold .. .. 480 10 11 Land-tax.. .. .. 142 18 8 Skins sold .. .. 17 8 0 Management and office exWool sold .. .. 2 2 6 penses .. .. .. 21 11 0 Stores sold .. .. 1 18 7 172 1 9 Use of drill .. . . 4 0 0 Advances against mutton and 202 3 7 lamb .. .. .. 470 2 9 Receipts. Advances against wool .. 61 7 4 Rents .. .. .. 861 1 8 Produce unrealized. 31st March, Royalty .. .. .. 2 10 0 1922— Interest .. .. .. 16 18 11 Lamb at works .. .. 297 1 0 Rates—Refund .. .. 0 16 3 Mutton at works .. 57 5 8 881 6 10 1,907 18 7 Balance at credit, 31st March, 1922 .. £679 3 3 Balance at debit, 31st March, 1922 .. £766 4 10 . Area of block, 9,438 acres 3 roods 22 perches. Live-stock on farm, 31st March, 1922— Value, £21,995. £ s. d. 713 sheep .. .. 387 0 0 81 bullocks .. .. 405 0 0 £792 0 0 Mancaciiikk B. £ s. d. Balance at credit, 31st March, 1921 .. 177 11 10 Receipts. £ s. d. Rents .. ... .. 15 0 0 Interest .. .. .. 9 9 11 24 9 11 202 1 9 Manoaiieia No. 2d. Payments. £ s. d. Management and office exi>onses .. 0 7 6 Balance at debit, 31st March, 1921 .. 119 11 8 Balance at credit, 31st March, 1922 .. £201 14 3 Payments. — — - £ s. d. Area of block, 383 acres and 38 perches. Value, £1,018. Land-tax .. .. 298 19 0 Management and office expenses .. .. .. 44 0 0 342 19 0 462 10 8 Receipts. Manoapoike No. 2a. £ s. d. Rents .. .. .. 1,759 19 10 Balance at debit, 31st March, 1921 5 080 17 11 Interest .. .. .. 22 3 2 1,782 3 0 Payments. — Interest .. .. .. 254 010 Balance at credit, 31st March, 1922 ..£1,319 12 4 » Balance at debit, 31st March, 1922 ..£5,334 18 9 Area of block, 5,965 acres 3 roods 16 perches. . Value, £39,858. Area of block, 3,024 acres. Value, £11,294.

4

G.—3

Statements of Account for the Year ended 31st March, 1922— continued. Mangapoike No. 2r (Maiiuranoi Farm Account). Receipts. £ s. d. £ s. d. Rents .. .. .. .. 117 19 2 Balance at debit, 31st March, 1921 .. 1,458 I 6 Balance at credit, 31st March, 1922 .. £4 19 0 Debits. Wool unrealized, 31st March, 1921 .. 630 0 0 Area of block, 2,980 acres. Value, £4,470. £ s. d. £ s. d. Fencing .. .. 96 7 1 Less fencing for adjoining owners 50 16 I .. ~ .. ',' , , Makaktaha No. 2, Sees. 3 and 6. Buildings ...... 31 1 1 £ Clearing manuka .. .. 197 18 4 „,,, . -, ... ~. . ~,„, „ ~,_, V ,' ~ b . _ n ~ _ Balance at debit, .{lst March, 1921 .. 2,198 1 ] Grass-seed .. .. 53 11 0 Sheep bought, .. .. 63 0 0 Interest Payments. Cattle bought .. .. 30 0 0 Wages, droving, and super- Balance at debit, 31st March, 1922 ..£2,329 18 8 vision .. .. .. 359 13 4 u/'T'i? " " '" 'lo .? » Area of block, 4,058 acres. Value, £29,842. Wool charges .. .. 63 11 3 Stores .. .. .. 2 15 5 Cartage .. .. .. 36 10 0 Board for men on station .. 49 10 0 Plant and tools .. .. 14 4 1 Station requisites .. .. 17 3 11 Repairs to fences .. .. 1110 Maraetaha No. 2, Sues. 3 and 0 (Patemaru Farm Telephone '.'. '.'. 812 Account). Fire and accident insurance .. 9 11 7 £ s. d. Rates .. .. .. 76 2 8 Balance at debit, 31st March, 1921 .. 7,780 4 1 Interest ...... 199 1 8 Management and office ex- Debits. penses ...... 249 4 0 £ s. d. ] 3()2 19 7 Wool unrealized at 31st March, J . 1921 .. .. .. 510 0 0 3 719 2 6 Mutton unrealized at 31st Credits. March, 1921 .. .. 520 18 9 Wool sold .. .. 852 19 II Posts on hand at 31st March, Sheep sold '.'. '.'. 608 11 10 1921 .. .. .. 130 10 0 Horses sold .. .. 60 0 0 J. 161 8 9 Hides sold .. .. 0 9 5 Fencing .. .. .. .. 5 10 Advances against wool .. 25 1 1 shee P bought .. .. 541 12 6 1,547 2 3 Cattle bought .. .. 687 0 0 Wages, droving, and superBalance at debit, 31st March, 1922 ..£2,172 0 3 vision •• •• •• 504 14 3 Shearing and wool charges .. 177 7 0 Live-stock on farm, 31st March, 1922— Splitting .. .. .. 262 2 0 £ s , ,|. Stores .. .. .. 64 7 5 4,779 sheep .. .. 3,108 9 0 chaff •• ■• •• 12 4 0 400 cattle .. .. 1,425 (I 0 Repairs and shoeing .. 16 15 0 4 horses .. .. 50 0 0 Cartage .. .. .. 36 15 3 Telephone .. .. 415 10 £4,643 9 0 Station requisites .. .. 14 13 9 Plant, tools, and furniture .. 04 12 3 Fire, accident, and marine insurance .. .. 17 I 6 Manuapoiki. J\o. 2d. Travelling-expenses .. 0 14 6 s. d. Hates 149 911 Balance at debit, 31st March, 1921 .. 1,248 9 6 Interest ! 715 10 9 Management and office exI'aymenls. pGnges 13J ~ (J ~ i . ok ia'; — 3 4 01 x ' 2 County rates .. .. -5 lb o [*fd-t?s 42 8 6 12,354 2 6 Interest ... .. .. 72 16 8 Credits Management and office ex- Sheep sold .. .. ' 559 11 5 l"' nses ~„ ,_ o Cattle sold .. .. 372 16 2. J44 18 I Meat sold .. .. 184 12 10 ~Z,~ Wool sold .. .. 251 15 9 ' ' Advances against mutton .. 618 7 2 Receipts. Advances against lamb .. 41 10 6 Uents • • •• •' " I '" 1U Advances against wool .. 213 2 9 _ , ... ~,,,,„, „, „„„ ~ ,-. Proportion of 958 head-rate Balance at debit, 31st March, 1922 .. £1,239 II 10 _ hav __ imued in , 918 wHh ~ ~ , - ~„ „ , ~,,, _,„,, ~' 10s. paid up (62 shares) .. 31 0 0 Area of block, 5,419 acres. Value, £10,779. Wool unrea i ized) 31st March) 1922 .. .. .. 35 0 0 if,.-.....™ tu-h. o_, Posts, battens, and strainers on IVIANOAPOIKE INO. Zl'„ ' ' £ X j hand, 31st March, 1922 .. 177 9 2 Balance at debit, 31st March, 1921 .. 60 11 7 2 > 485 5 9 Payments. Balance at debit, 31st Marcli, 1922 ..£9,808 10 9 £ s. d. , . ■ - Half-cost bridge .. .. 8 4 0 Live-stock on farm, 31st March, 1922 — Land-tax ...... 33 10 8 £ s. d. Interest .. .. .. 1 14 11 2,004 sheep .. 1,779 17 0 Management and office ex- 1 80 cattle .. 597 0 (I penses .. .. .. 2 19 0 11 pack-horses .. 55 0 0 40 8 7 —— £2,431 17 0 113 0 2 _-=._________=___.

5

G.—3

Statements of Account for the Year ended 31st March, 1922 — continued. Maraetaha No. 2, Part Sues. 3 and 0 (New Burn). Paremata No. 8 (Farm Account). Debits. £ "• d - £ s. d. £ s. d. Balance at credit, 31st March, 1921 ..11,730 14 11 Bushfelling .. .. 999 7 6 Fencing .. .. .. 192 17 11 Receipts. Grass-seed .... 200 4 0 £ s. d. Sowing seed .. .. 73 10 0 Sheep sold .. .. 121 6 9 Wages .. .. .. 75 10 0' Cattle sold • • • • 169 7 7 Survey fees .. .. 127 10 6 Wool sold .. .. 17 9 J 1j728 19 n Posts sold.. .. .. 128 10 2 Advertising .. .. 714 6 Surplus wool profits .. 87 11 5 Cartage .. 10 0 Advances against wool .. 410 0 9 Rates 33 19 7 Interest .. .. .. 505 11 4 Accident insurance" '.'. 45 0 0 Proportion of 958 head-rate Interest 21 0 6 shares issued in 1918 with Management and 'office ex- 10s. paid up (217 shares) .. 108 10 0 penses .. .. .. 20 3 8 Posts on lmnd •• • ■ IS3 12 0 m 18 3 I,m 3 1 Balance at debit, 31st March, 1922 ..£1,857 18 2 13,506 18 8 Payments, £ s. d. Fencing .. ..53 9 0 Timber for dip .. 914 2 Plant .. .. 37 3 0 Maraetaha No. 2, Sec. 4. 100 0 2 £ s. d. Wool unrealized, 31st Match, Balance at credit, 31st March, 1921 .. 9,780 18 1 1921 .. .. .. 450 0 0 Sheep bought .. .. 277 2 6 Receipts. Cattle bought .. .. 131 15 0 Interest .. .. .. .. 489 0 0 Horses bought .. .. 60 0 0 Wages, droving, and supervision 296 14 10 Balance at credit, 31st March, 1922 ..£10,209 18 1 Shearing and wool charges .. 136 311 ________=____________. Posts bought .. .. 358 19 5 Block sold. Rent of cottage .. .. 39 10 0 Stores . . .. .. 8 0 2 Repairs and shoeing . . . . 6 0 0 Seed (oats, potatoes, and barley) 37 14 10 Station requisites .. .. 6 12 9 Cartage .. .. .. 315 0 Maungawaru No. 2, Telephone .. . . .. 610 0 £ S. d. Travelling-expenses .. .. 11 12 0 Balance at debit, 31st March, 1021 .. 12,500 10 7 Accident insurance .. .. 417 0 Rates .. .. .. '232 4 0 Payments. Management and office expenses 120 12 5 £ s. d. . 2,294 10 6 County rates .. .. 126 010 ■. Interest .. .. .. 753 12 0 Balance at credit, 31st March, 1922 ..£11,212 8 2 —— 879 12 10 ■ Live-stock on farm, 31st March, 1922 — Balance at debit, 31st March, 1922 ..£13,440 9 5 £ s. d. ——— 2,450 sheep .. .. 1,605 5 0 Area of block, 14,802 acres. Value, £5,500. 90 cattle .. .. 290 0 0 7 horses .. .. 140 0 0 £2,035 5 0 Maungawaru No. 3. ______ ___ £ s. d. Balance at debit, 31st March, 1921 ...3,66113 0 Payments. £ s - d. Paremata, Sec. 48. County rates .. .. 160 8 4 »,,«*iN Interest 219 13 2 Receipts. 380 113 _ , *_ .!; d ' *- 8 ' a - Rents .. .. 19 12 6 Balance at debit, 31st March, 1922 ..£4,041 14 6 uteres-. .. .. .. 013 3 Area of block, 18,720 acres. Value, £7,000. „ Payments. Payments to beneficiaries .. 19 16 0 Management and office expenses 0 9 9 Paremata No. 3. 20 5 9 £ s. d. "—- - - Balance at debit, 31st March, 1921 .. 14,095 1 9 Area of block, 12 acres 3 roods. Value, £390. Payments. £ s. d. County and harbour rates 39 12 9 Interest .. .. .. 842 13 4 882 6 1 Paremata, Sec. 64 (No. 1 Account). £ s. d. 14,977 7 10 Balance at credit, 31st March, 1921 .. 13,389 3 5 Credits. Rent for hire of hall .. .. .. 173 16 8 Receipts. Interest .. .. .. .. 669 9 0 Balance at debit, 31st March, 1922 ..£14,803 11 2 ————< Balance at credit, 31st March, 1922 ..£14,058 12 5 Area of block, 1,224 acres. Value, £25,215. -_____-_==._____=_.

G.—3

6

Statements of Account for the Year ended 31st March, 1922— continued. Paremata, Sec. 64 (No. 2 Account). [£ s. d. £ s. d. £ s. d. Cartage .. .. .. 181 411 Balance at credit, 31st March, 1921 .. 100 4 8 Station requisites .. .. 75 10 4 Plant, tools, and furniture .. 79 14 9 Receipts. Telephone .. .. 11 15 0 £ s. d. Legal expensos .. .. 22 2 0 Rents .. .. .. 300 18 0 Rates .. .. .. 118 9 3 Interest .. .. 11 8 5 Fire, accident, and marine in- — 378 011 surance .. .. 12 15 2 Interest .. .. .. 074 10 4 484 11 7 Management and office exPayments. penses .. .. .. 177 1 5 Rents to beneficiaries.. .. 119 9 4 2,283 14 3 Land-tax .. .. 41 13 1 Management and office expenses 9 3 0 14,007 14 10 170 5 11 Credit,, Wool sold .. .. 0 15 8 Balanco at credit, 31st March, 1922 .. £314 5 8 Sheep sold .. .. 880 6 0 -,-- Skins sold.. .. .. 5 0 0 Aroa of block, 2,380 acres. Value, £9,550. Advances against wool .. 181 12 0 Skins unrealized. .. .. 7 0 0 Wool unrealized .. .. 509 0 0 „ „ _„ _„ Stores on hand .. .. 98 0 0 Paremata, Sees. 73 and 73a. j 0 g £ s. d. ' Balance at debit, 31st March, 1921 .. 19113 5 Balance at debit, 31st March, 1922 ..£12,313 14 8 Payments. Live-stock on farm, 31st March, 1922— £ s. d. £ S d County rates .. .. 11 3 1 3,305 sheep .. .. 2,192 0 6 Interest •• •• ■• 9 0 0 118 cattle .. .. 489 0 0 Management and omco expenses 0 5 0 a horses 40 0 0 20 14 1 '' ISTI £2 ~> 721 ° ° Credits. Rent .. .. .. .. 10 0 0 _, , , , , ~ ... ~, , ,„„„ „7I Z Z Tahora No. 2c 1, Sec. 3 (Te Huia Farm Account). Balance at debit, 31st March, 1922 .. 202 7 6 £ s. d. £ s. d. -~,,,-_ TT , „, „TZ Balance at debit, 31st March, Aroa ot block, 115 acres. Value, £1,012. 1 504 14 0 , Less stock - track credit balance at 31st March, Tahora No. 2c 1, Sec. 3. 1921 .. .. .. 302 10 8 £ s. d. 1,142 310 Balance at credit, 31st March, 1921 ..3,027 13 0 Debits. Wool unrealized, 31st March, Receipts. 1921 .. .. .. . . 550 0 0 £ s. d. Fencing .. .. .. 01 14 2 Rents .. .. .. 570 18 0 Clearing .. .. .. 205 0 0 Interest .. .. .. 195 0 11 200 14 2 766 411 Cattle bought .. .. 137 0 0 Sheep bought .. .. 238 14 0 4,393 17 11 Wages, droving, and suporPaymenls. vision .. .. .. 234 2 6 Land-tax .. .. ..214 1111 Shearing .. .. .. 55 11 9 Fencing (half-share with O. C. R. Stores .. .. .. 55 311 Mitford) .. .. .. 178 8 3 Repairs and shoeing .. 819 0 Management and office expenses 14 5 6 Cartage .. .. .. 63 2 9 407 5 8 Fire and accident insurance .. 8 4 0 Rates .. .. .. 00 8 1 Balance at credit, 31st March, 1922 ..£3,980 12 3 Interest-.. .. .. 215 511 '■ ■■ Management and office expenses .. .. .. 114 13 4 1,191 5 9 Tahora No. 2c 1, Sec. 3 (Waimaha Farm Account). ———- £ s. d. 3,150 3 9 Balance at debit, 31st March, 1921 .. 10,010 0 2 Credits. Wool sold .. .. 7 5 4 Debit*,. Cattlosold .. .. 342 0 0 £ s. d. Sheep sold .. .. 820 10 4 Wool unrealized, 31st March, Meat sold .. .. 917 0 1921 .. .. .. 700 0 0 Advances against wool .. 142 11 0 Skins unrealized, 31st March, Proportion of 958 head-rate 1921 .. .. .. 017 0 shares issued in 1918 with Stores in hand .. .. 20 0 0 10s. paid up (111 shares) .. 55 10 0 720 17 0 Wool unrealized, 31st March, Fencing .. .. .. 268 0 3 1922 .. .. .. 407 0 0 Grass-seed .. .. 34 16 8 1,790 13 8 Clearing .. .. •• 90 0 0 . 392 10 11 Balance at debit, 31st March, 1922 ..£1,359 10 I Sheep bought .. .. 63 0 0 Cattle bought .. .. 113 8 0 Live-stock on farm, 31st March, 1922— Horses bought .... 12 0 0 £ s. d. Wages, droving, and super- 2,210 sheep .. .. 1,541 5 0 vision .. .. .. 391 15 0 168 cattle .. .. 654 10 0 Shearing .. .. .. 103 16 4 4 horses .. .. 20 0 0 Stores .. .. .. 148 5 0 Repairs and shoeing .. 23 7 9 £2,215 15 0 Repairs to fences .. .. 74 19 0 .

7

G.-3

Statements of Account for the Year ended 31st March, 1922 — continued. Tahora No. 2c 1, Sec. 3.—Recapitulation of the Whole of the Accounts of the Block as at 31st March, 1922.

Area of block, 22,065 acres. Value of block, £41,157. Value of live-stock, £4,936 15s.

Tahora No. 2o 2, Sec. 2. Tahora No. 2f, Sec. 2. £ s. d. £ s. d. Balance at crodit, 31st March, 1921 .. 713 7 1 Balance at debit, 31st March, 1921 ..4,489 15 2 Receipts. Payments. £ s. d. £ s. d. Rents .. .. .. 190 14 2 Land-tax .. .. .. 46 14 3 Interest .. .. .. 41 6 5 Interest .. .. .. 252 14 8 232 0 7 Management and office expenses .. .. .. 16 5 0 945 7 8 315 13 11 Payments. ■ ,— County rates .. .. 22 12 6 4,805 9 1 Land-tax .. .. .. 52 9 5 Receipts. Management and office ex- Rents .. .. .. .. 049 19 4 penses .. .. .. 4 15 0 - 79 10 11 Balance at, debit, 31st March, 1922 ..£4,155 9 9 Balance at credit, 31st March, 1922 .. £805 10 9 Area of block, 11,870 acres. Value, £30,704. Area of block, 3,775 acres. Value, £3,800. Tahora No. 2f, Sec. 2 (Papuni Farm Account). £ s. d. Balance at debit, 31st March, 1921 .. 10,574 13 10 Debits. £ s. d. Wool unrealized, 31st March, 1921 .. .. .. .. 1,000 0 0 Mutton unrealized, 31st March, 1921 .. .. .. .. 128 7 0 Stores on hand .. .. .. 20 0 0 Tahora No. 2o 3, Sec. 2. Fencing .. .. .. 93 14 0 £ s. d. Grass-seed .. .. 70 3 2 Balance at credit, 31st March, 1921 .. 31,417 19 9 Clearing .. .. .. 80 0 0 Building yards .. .. 55 10 0 Receipts. 299 7 8 £ s. d. Sheep bought .. 63 0 0 Rents .. .. .. 3 17 6 Cattle bought .. . . 40 0 0 Purchase-money (Crown) 183 Wages, droving, £ s. d. acres and 20 perches at £3 shearing, &c. 1,157 1 2 per acre .. ... 549 7 0 Less shearing for Interest .. .. .. 1,575 11 10 outsiders .. 193 9 0 2,128 16 10 903 12 2 Shearing-expenses and wool 33,540 16 7 charges .. .. 98 1 1 Payments. Stores .. .. .. 242 13 5 County rates .. .. 150 12 0 Station furniture .. .. 21 0 9 Management and office ex- Station plant .. .. 4 3 0 penses .. .. .. 77 8 0 Station requisites .. .. 00 15 11 228 0 0 Cartage .. .. .. 137 9 1 Repairs .. .. .. 14 16 10 Balanco at credit, 31st March, 1922 ..£33,318 10 7 Repairs to fences .. .. 117 18 0 - -i —i Telephone .. .. 7 2 0 Area of block, 4,082 acres 3 roods 20 perches. Travelling-expenses .. 14 15 0 £ s. d. Fire, accident, and marine inBalance last year .. .. .. 4,958 0 0 surance .. .. 17 4 2 Add sold to Crown .. .. .. 549 7 0 Rates .. .. .. 110 4 7 Interest .. .. .. 804 411 £5,507 7 0 Management and office ex- ==__________. penses .. .. .. 188 18 0 This balance represents the excess of purchase-money . 2,912 0 5 received over and above the book value of the block. (See report.) 14,934 15 5

Balance, 31st March, 1921. Trans; .ctions. Balance, 31st March, 1922. Account. Dr. Or. Waimaha Farm To Kuia Farm (including stock-track) £ s. d. 10,610 6 2 1,504 14 6 £ a. d. £ s. d. 3,519 2 10 362 10 8 2,010 18 7 Dr. £ s. d. 1,815 14 4 1,793 7 4 Or. Dr. Or. £ s. d. £ s. (I 12,313 14 8 1,359 10 1 i Farm totals Current Account 12,115 0 8 362 10 8 3,627 13 0 5,529 16 407 5 5 8 3,609 1 8 766 4 11 13,673 4 9 1 1 3,986 12 3 12,115 0 8 3,990 3 8 5,937 2 1 4,375 6 7 13,673 4 9 3,986 12 '.

GL—3

Statements op Account for the Year ended 31st March, 1922— continued. Credit*. WIIAITIIU No. 2. £ s. d. £ s. d. £ s. d. Wool sold .. .. 425 4 1 Balance at crodit, 31st, March, 1921 .. 409 13 11 Sheep sold .. .. 780 3 l Cattle sold .. .. 499 10 11 Receipt*. Horses sold .... 12 0 0 £ s. d. Skins, fat, &c. .. .. 299 0 0 Rents .. .. .. 330 0 0 Advances against wool .. 25 1 1 County rates, 1919-20, 1920-21 Advances against meat ..1,094 211 (transferred to Manuel) .. 62 15 3 Service of mares .. . . 8 0 0 Interest .. .. .. 27 18 8 Wool unrealized, 31st March, 420 13 11 1922 .. .. .. 621 0 0 Lamb unrealized, 31st March, 890 7 10 1922 .. .. .. 415 8 Payments. Stores on hand, 31st March, Land-tax .. .. .. 10 13 11 1922 .. .. .. 48 0 0 Management and office expenses 8 5 0 3,816 17 9 18 18 11 Balance at debit, 31st March, 1922 ..£11,117 17 8 Balance at credit, 31st March, 1922 .. £871 8 11 Live-stock on farm, 31st March, 1922 — Area of block, 426 acres. Value, £1,565. £ s. d. 3,676 sheep .. .. 2,476 7 0 Mauaetaha No. Id (Te Kopua). 353cattlo .. .. 1,201 0 0 £ s. d. 41 horses .. .. 220 0 0 Balance at debit, 31st March, 1921 .. 12,703 '.) 1(1 £3,897 7 0 Debits. , ___________________ £ s . ,1. Wool unrealized, 3lst March, 1921 .. .. .. 900 0 0 Mutton unrealized, 31st March, 1921 .. .. .. 379 17 3 Beef unrealized, 31st March, 1921 .. .. .. 251 5 8 Hides unrealized, 31st March, 1921 .. .. .. 30 0 0 1,561 2 11 Tahora No. 2g, Sec. 2. Fencing .. .. .. 116 3 6 £ s. d. Clearing .. .. .. 417 6 Balance at debit, 31st March, 1921 .. 326 7 9 121 1 0 Payments to beneficiaries .. 863 14 7 Payments. Expenses meeting Murewai .. 20 0 0 £ s. d. Sheep bought .. .. 196 19 0 County rates .. .. 15 4 3 Cattle bought .. .. 105 5 0 Interest .. .. .. 19 11 4 Beef transferred to Patemaru, 34 15 7 wrongly credited yoar ended 31st March, 1921 '.. .. 154 16 10 Balance at, debit, 31st March, 1922 .. £361 3 4 Freezing-charges '.. ..37 18 6 —— - Wages, droving, and supervision 502 11 0 Area of block, 1,346 acres. Value, £1,346. Shearing and wool charges .. 156 9 8 Stores .. .. .. 121 0 6 Seed (lucerne and turnips) .. 16 7 10 Repairs and shoeing .. 22 5 0 Cartage .. .. .. 60 511 Telephone .. .. .. 28 9 3 Plant, tools, and furniture .. 10 6 0 Station requisites .. .. 41 011 Tawapata South No. 1. Travelling-expenses .. .. 22 3 0 £ s. d. Fire, marine, and accident inBalanceat debit, 31st March, 1921 .. 1,090 3 1 surance .. .. .. 20 18 8 Rates .. .. .. 200 12 0 Payments. Interest .. .. .. 900 13 9 £ s. d. Management and office expenses 201 13 4 Land-tax .. .. .. 81 0 1 3,089 11 3 Interest .. .. .. 80 8 2 Management and office expenses 15 0 0 18,075 5 0 182 8 3 Credits. Sheep sold.. .. .. 192 14 0 1,872 11 4 Cattle sold .. .. 33 13 0 Receipts. Wool sold .. .. .. 14 3 2 Rents ■ .. .. .. .. 000 0 0 Meat sold . . .. 59 8 2 Hides sold .. .. .. 33 11 0 Balance at debit, 31st March. 1922 ..£1,272 11 4 Skins sold .. 14 11 9 Grazing cattle .. .. 40 -0 0 Area of block, 4,370 acres 2 roods 5 perches. Advances against wool .. 728 19 5 Value, £12,000. Advances against mutton and lamb .. .. .. 104 1 2 Advances against pelts .. 15 8 4 Proportion of 958 head-rate shares issued in 1918 with 10s. paid up (508 shares) .. 284 0 0 Skins unrealized, 31st March, 1922 .. .. .. 0 0 0 Whang aw nil i No. In In. Hides unrealized, 31st March, £ s. d. 1922 .. .. .. 2 5 0 Balance at, debit, 31st, March, 1921 .. 3,917 4 0 Wool unrealized, 31st, March, 1922 .. .. .. 75 0 0 Payment*. Beef unrealized, 31st March, £ s. d. 1922 .. .. .. 101 0 0 Land-tax .. .. .. 18 0 S Stores on hand, 31st March. 1922 10 0 0 Interest .. .. .. 222 13 0 1,714 15 0 Management and office expenses 4 18 9 245 18 11 Balance at debit, 31st March, 1922 ..£10,300 10 0 4,163 2 11 Live-stock on farm, 31st March, 1922— Receipts. £ s. d. Rents .. .. .. 395 0 0 3,848 sheep .. .. 2,685 2 0 245 cattle .. .. 838 0 0 Balance at debit, 31st March, 1922 ..£3,708 2 11 7 horses .. .. 55 0 0 Area of block, 1,201 acres 3 roods 11 perches. £3,578 2 0 Value, £4,120. r-r—,-T-, r~,

8

9

G.—3

Statement of Live-stock depastured on Farms, 31st March, 1922.

Summary. £ s. d. 23,651 sheep valued at .. .. .. .. 15,835 5 0 1,641 cattle valued at .. .. .. .. 5,899 10 0 82 horses valued at .. .. .. .. 580 0 0 £22,314 15 0

Auditor's Certificate. Sir,— Wellington, 23rd August, 1922. I have the honour to report that I have completed the audit of the East Coast Native Trust lands for the year ended 31st March, 1922, and have the following comments to make thereon : —■ Blocks. —The terms " receipts " and " payments " have been used throughout these accounts so as to fall into line with the designation of other years. Strictly speaking they should be named " income " and " expenditure," as all accrued liabilities and assets have been brought into the accounts, as far as is known. Some of the smaller blocks have not been debited with management and office expenses, as has been the case in former years. It was thought that as the work im connection with these was so small it would be better to carry off the whole of office and management expenses to the larger blocks and farm accounts. Stock Accounts. —I have accepted without reservation the statement of live-stock at the various farms as certified to by Mr. H. Syme, Farm Superintendent, and Mr. J. Harvey, Agent for the East Coast Commissioner at Gisborne. A standard price has now been fixed for the live-stock, and this will be adhered to in the future. Patemaru Farm. —Since the accounts have been typed I have just received information to the effect that the stock of posts at the 31st March, 1922, was undervalued. They appear in the balance-sheet at £177 9s. 2d., whereas they should appear as £416. I propose to adjust this in the current year's accounts. The effect would be, of course, to reduce the loss on the farms by the difference between these two amounts. Pakowhai Farm. —In previous years all improvements and other debits and credits were carried off to principal-security block. This year the account has been treated as a separate farm account, so as to be uniform with the other farms, and will be kept in a similar form in future years. Maraetaha No. 2, Part Sees. 3 and 6 (Neiv Burn). —This is a new farm account, and shows a capital expenditure as at the 31st March, 1922. This is the first time the account appears. Tahora No. 2c 3, Sec. 2 (Freehold Land Account). —This account is in debit £5,507 7s. 6d. This year it has been increased by the sale to the Crown of 183 acres and 20 perches, for the sum of £549 7s. 6d. In my report dated 21st October, 1921, the position of this block was fully explained. There is an area in this block still unsold consisting of 4,682 acres 3 roods 20 perches. With these exceptions 1 consider that, to the best of my knowledge, the accounts are correct. Enclosed please find a set of the accounts,for the year ended 31st March, 1922. I have, &c, The Hon. the Minister of Nativo Affairs, AVellington. Arthur T. Clarke.

Approximate Cost of Paper. —Preparation, not given ; printing (475 copies), £12 15s.

Authority : W. A. G. Skinner, Government Printer, Wellington.—l92S.

Price 6d. ]

2—G. 3.

Sheep. Cattle. Horses. Farm where depastured. Number. Number. Value. Total Number. Total Talue. Value. Number. Value. Vaimaha ?e Huia 'apuni lahurangi 'aremata ?e Kopua 'atemaru 'akowhai 3,365 2,210 3,676 4,779 2,456 3,848 2,604 713 £ s. d. 2,192 0 0 1,541 5 0 2,476 7 0 3,168 9 0 1,605 5 0 2,685 2 0 1,779 17 0 387 0 0 118 168 353 400 90 245 186 81 £ s. d. 489 0 0 654 10 0 1,201 0 0 1,425 0 0 290 0 0 838 0 0 597 0 0 405 0 0 8 4 41 4 7 7 11 8 4 II 4 7 7 II £ s. d. 40 0 0 20 0 0 220 0 0 50 0 0 140 0 0 55 © 0 55 0 0 3,491 2,382 4,070 5,183 2,553 4,100 2,801 794 £ s. d. 2,721 © 0 2,215 15 © 3,897 7 0 4,643 9 0 2,035 5 0 3,578 2 0 2,431 17 0 792 0 0 23,651 15,835 5 0 1,641 5,899 10 0 82 580 0 0 25,374 22,314 15 ©