EAST COAST NATIVE TRUST LANDS. MANGATU Nos. 1, 3, AND 4 BLOCKS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE PERIOD 1st JULY, 1934, TO 30th JUNE, 1935.

Appendix to the Journals of the House of Representatives, 1935 Session I, G-04

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1935. NEW ZEALAND.

EAST COAST NATIVE TRUST LANDS. MANGATU Nos. 1, 3, AND 4 BLOCKS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE PERIOD 1st JULY, 1934, TO 30th JUNE, 1935.

Presented to both Houses of the General Assembly in -pursuance of the Native Purposes Act, 1931.

MANGATU No. 1. Balance-sheet as at 30th June, 1935. Liabilities. Assets. Public Trustee — £ s. d. £ s. d. £ s. d. £ s. d. General mortgage No. 1 .. .. 24,286 6 3 Freehold property .. .. .. 301,589 13 9 General mortgage No. 2 .. .. 26,951 5 0 Roads Account .. .. 2,092 5 1 Pukutarewa mortgage .. .. 15,000 0 0 Survey Account .. .. 287 8 6 Wairere mortgage .. .. .. 50,000 0 0 — —— 2,379 13 7 Bank of Australasia— Fencing Account .. .. .. 116 7 0 Current Account ' .. .. 7,519 12 11 Advances — Interest accrued .. .. 80 0 0 Sundry blocks .. .. 533 16 5 — : 7,599 12 11 Royal Commission .. .. 1,899 511 Native Trustee— Owners' appeal .. .. 859 5 9 Mortgage Account .. .. 20,000 0 0 Advances to owners .. 3, 443 11 2 Interest accrued .. .. 197 5 3 6,735 19 3 20,197 5 3 Mangatu Nos. 3 and 4 .. .. 3,189 7 2 Foster Trustees — Sundry debtors .. .. 3,685 15 0 Mortgage Account .. .. 1,600 0 0 Rent outstanding .. .. 2,375 1 0 Interest accrued .. .. 16 0 0 6,060 16 0 -— 1,616 0 0 Investments — East Coast Commissioner .. .. 13,457 8 9 Poverty Bay Farmers' Meat Co., Rates accrued .. .. . . ■ . 430 15 4 Ltd. (shares) .. . . 5 0 0 Sundry creditors .. .. . . • • 396 1 8 Williams and Kettle, Ltd. Mangatahu Station Current Account .. .. 40,423 1 8 (shares) .. .. .. 35 0 0 Wairere Station Current Account .. .. 5,731 18 7 40 0 0 Distribution accounts— £ s. d. Mangatahu live-stock .. .. .. 8,084 10 0 No. 1 .. .. •• 1,655 411 Wairere live-stock .. .. .. 14,408 0 0 No. 3 .. .. .. 350 10 10 Okaihau Station .. .. 16,715 3 5 — 2,005 15 9 Live-stock .. .. .. 2,943 0 0 Capital Account 206,785 13 0 19,658 3 5 Income Account .. . . .. . . 7,000 19 5 Pukutarewa Station .. . . 14,954 10 11 Live-stock .. .. .. 7,260 4 0 22,214 14 11 Waitangirua Station .. .. 15,31117 5 Live-stock .. .. .. 3,874 6 0 19,186 3 5 Waikakariki Station .. .. 14,759 3 4 Live-stock .. .. .. 1,950 4 0 16,709 7 4 Office furniture and fittings .. .. .. 15 15 0 Wool unrealized (less advances) .. .. 1,469 2 9 Produce unrealized (seed on hand) .. .. 24 10 0 £421,882 3 7 £421,882 3 7 Auditors' Certificate. We have audited the accounts of Mangatu No. 1 Block, East Coast Native Trust Lands, for the year ended 30th June, 1935, 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 Ross, Wellington, N.Z., 2nd October, 1935. Public Accountants, Auditors. Income Account as at 30th June, 1935. Expenditure. Income. £ s. d. £ s. d. £ s. d. By Balance .. .. .. .. .. 6,452 810 To Distribution to beneficiaries .. 2,111 5 0 Rent .. .. .. .. .. 7,834 12 4 General expenses .. ■ • 233 1 9 Dividend .. .. .. . . 110 0' Land-tax .. .. . • 294 17 8 Legal expenses .... 17 6 6 Commission • • • • 109 9 5 Interest .. .. •. 4,458 8 1 Management and office expenses 63 3 4 7,287 11 9 Balance.. .. .. •• -• 7,000 19 5 £14,288 11 2 £14,288 11 2

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MANGATU No. I—continued. Statement op Accounts fob the Year ended 30th June, 1935. Waitangirua Station. Pfkutarewa Station. £ s. d. £ s, d. Balance at debit at 30th June, 1934 .. .. 19,023 11 8 Balance at debit at 30th June, 1934 .. .. 22,417 13 11 Debits. £ s. d. Debits. Sheep bought .. .. .. 175 17 6 £ s. d. Cattle bought .. .. .. 15 0 0 Sheep bought .. . . .. 80 8 0 Horses bought .. .. .. 62 5 0 Horses bought .. -.. .. 4 0 0 Wages .. .. .. .. 642 15 0 Running-expenses, including repairs Running-expenses, including repairs and maintenance .. .. 236 2 3 and maintenance .. .. 579 11 11 Wages .. .. .. .. 640 14 9 Rates .. .. .. .. 191 0 4 Rates .. •• •• 432 18 10 Interest .. .. .. 1,160 14 8 Seed . . .. . . ■ ■ 40 12 11 Manure and seed .. .. 58 6 0 Interest .. .. .. 970 18 2 Management and office expenses .. 209 1 0 Management and office expenses .. 150 15 0 3,094 11 5 — 2,556 9 11 25,512 5 4 21,580 1 7 Credits. Credits. 1935 wool: Unrealized, £658 ; sold, 1935 wool: Unrealized, £490; sold, £30 ss. 2d. .. .. .. 688 5 2 £15 lis. .. .. ■■ 505 11 0 1934 wool: Unrealized, £927; now 1934 wool valued last year at £558; valued at £721.. .. .. 206 0 0 now valued at £434 .. .. 124 0 0 — — 482 5 2 381 11 0 Sheep sold .. .. .. 2,105 19 0 Sheep sold .. .. .. 943 18 11 Cattle sold .. .. .. 459 5 0 Cattle sold .. .. .. 1,058 0 3 Horses sold .. .. .. 45 13 0 Skins and hides sold .. .. 10 8 0 Skins and hides sold .. .. 16 0 3 2,393 18 2 Meat sold .. .. .. 7 1 0 Farm produce .. .. .. 181 7 0 Balance at debit at 30th June, 1935 .. £19,186 3 5 — 3,297 10 5 Live-stock on station at 30th June, 1935 : — Balance at debit at 30th June, 1935 . . £22,214 14 11 £ s. d. 3,979 sheep .. .. 2,702 16 0 Live-stock on station at 30th June, 1935: — 353 cattle .... 1,131 10 0 £ s. d. 8 horses .. .. 40 0 0 4,450 sheep.. .. .. 3,336 0 0 764 cattle.. .. .. 2,908 4 0 £3,874 6 0 82 horses .. .. 1,016 0 0 £7,260 4 0 Mangatahu Station. Waibekb Station. £ s - ( L £ s. d. Balance at credit at 30th June, 1934 .. .. 28,415 3 1 Balance at debit at 30th June, 1934 .. .. 10,332 3 9 Credits. Debits. £ s. d. £ s. d. Sheep bought .. .. .. 234 13 4 1933 wool: Realized, £1,662 3s. Bd.; Cattle bought .. .. .. 1,830 10 0 valued at £1,368 .. .. 294 3 8 Running-expenses, including repairs 1935 wool: Sold, £11 16s. Id.; un- and maintenance .. .. 1,076 17 7 realized, £1,057 .. .. 1,068 16 1 Wages .. .. .. .. 1,459 13 6 Rates .. .. .. .. 513 13 11 1,362 19 9 ' Interest .. .. .. 746 11 0 1934 wool: Valued last year at Management and office expenses .. 512 18 0 £1,491 —sold, £13 Bs. 3d. ; unsold, 6,374 17 4 £1,155 ; £1,168 Bs. 3d. .. 322 11 9 16,707 1 1 ] ,040 8 0 Credits. Sheep sold .. .. .. 3,130 15 2 1935 wool: Sold, £162 lis. 3d. ; unCattle sold .. .. .. 702 12 2 realized, £1,884 .. .. 2,046 11 3 Skins and hides sold .. .. 38 6 6 1933 wool: Realized, £826 55.; Interest .. .. •. 1,337 1 3 valued at £666.. .. .. 160 5 0 6,249 3 1 2,206 16 3 34,664 6 2 1934 wool; Valued at £2,643 —sold Debits. £137 6s. 6d. ; unrealized, £2,002 : Sheep bought .. .. .. 454 17 11 £2,139 6s. 6d. .. .. .. 503 13 6 Cattle bought .. . • • • 42 0 0 Horses bought ...... 14 0 0 1,703 2 9 Running-expenses, including lepairs Sheep sold .. .. .. 4,432 3 10 and maintenance .. .. 362 7 6 Cattle sold .. .. 1,817 2 6 Wages .. • • • • 857 4 3 Horses sold .. .. .. 110 0 Rates .. .. 294 3 10 Skins and hides sold .. .. 66 12 7 Management and office expenses .. 301 1 0 Meat sold .. .. .. 018 0 2,325 14 6 8,030 19 8 Balance at credit at 30th June, 1935 .. .. £32,338 11 8 Balance at debit at 30th June, 1935 .. £8,676 1 5 Live-stock on station at 30th June, 1935 : — Live-stock on station at 30th June, 1935 : — £ s. d. £ s. d. 7.243 sheep .. .. 4,907 0 0 13,072 sheep .. .. 8,927 0 0 883 cattle .. .. 3,102 10 0 1,323 cattle .. .. 5,216 0 0 12 horses .. .. 75 0 0 50 horses .. .. 265 0 0 £8,084 10 0 I £14,408 0 0 I —

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MANGATU No. I—continued. Statement of Accounts for the Year ended 30th June, 1935 —continued. Waikakariki Station. Okaihatj Station. £ s. d. £ s . a. Balance at debit at 30th June, 1934 .. .. 15,364 3 2 Balance at debit at 30th June, 1934 .. .. 18,552 2 5 Debits. £ s. d. Sheep bought .. .. .. 655 9 9 Debits. Wages .. .. .. .. 283 16 3 £ s. d. Running-expenses, including repairs Sheep bought .. .. .. 1,274 190 and maintenance.. .. .. 432 8 4 Cattle bought .. .. .. 31 0 0 Rates .. .. .. .. 45 2 6 Running-expenses, including repairs Manure and seed .. .. . . 312 5 3 and maintenance .. .. 261 19 6 Interest .. .. .. .. 803 1 2 Wages .. .. .. 473 9 0 Management and office expenses .. 64 0 0 Rates .. .. .. .. 210 12 4 2,596 3 3 Interest .. .. .. 967 1 4 Management and office expenses .. 114 5 0 17,960 6 5 ~ ; 3,333 6 2 Credits. 1933 woo] : Realized, £427 7s. 2d.; 21 885 8 7 valued at £297 .. .. .. 130 7 2 1935 wool: Unrealized, £210; sold, Credits. 16s. 3d. .. .. .. 210 16 3 1935 wool: Sold, £2 18s. 9d. ; unrealized, £476 .. .. 478 18 9 341 3 5 1934 wool: Valued last year at 1934 wool: Valued at £324; now £633 —Unrealized, £490 ; sold, £2 : valued at £252 .. .. .. 72 0 0 £492.. .. .. .. 141 0 0 269 3 5 337 18 9 Sheep sold .. .. .. 848 3 1 Sheep sold .. .. .. 1,738 13 3 Cattle sold .. .. .. 95 0 0 Cattle sold .. .. .. 132 0 0 Horse sold .. . . .. 22 5 0 Horse Sold .. .. .. 2 0 0 Skins and hides sold .. .. 14 7 7 Skins and hides sold .. .. 14 17 2 Meat sold .. .. .. .. 2 0 0 Meat sold .. .. .. 1 16 0 1,250 19 1 2,227 5 2 Balance at debit at 30th June, 1935 .. .. £16,709 7 4 Balance at debit at 30th June, 1935 .. .. £19,658 3 5 Live-stock on station at 30th June, 1935 : — Live-stock on station at 30th June, 1935: — £ s. d. £ s. d. 1,806 sheep .. .. 1,337 4 0 3,285 sheep .. .. 2,247 10 0 132 cattle.. . . . . 438 0 0 197 cattle .. .. 690 10 0 11 horses .. .. 175 0 0 1 horse .. .. 5 0 0 £1,950 4 0 £2,943 0 0

Statement of Live stock depastured on Stations at 30th June, 1935.

MANGATU Nos. 3 AND 4. Balance-sheet as at 30th June, 1935. Liabilities. £ s. d. Assets. Mangatu No. 1 .. .. .. .. 3,189 7 2 Freehold property— £ s. d. £ s. d. Capital accounts .. .. .. .. 39,640 0 0 Mangatu No. 3 .. .. 21,640 0 0 Mangatu No. 4 .. .. 18,000 0 0 39,640 0 0 Improvements— Fencing, £577 18s. 7d. ; survey, £541 17s 1,119 15 7 Revenue Account, £1,556 6s. Id.; add balance Income Account, 2,069 11 7 £513 ss. 6d. 3,189 7 2 £42,829 7 2 £42,829 7 2 Auditors' Certificate. We have audited the accounts of Mangatu Blocks 3 and 4, East Coast Native Trust Lands, for the year ended 30th June, 1935, and our report on the audit of the accounts is contained in our letter of even date to the Hon. the Minister of Native Affairs. Clarke, Menzies, Griffin, and Ross, Wellington, N.Z., 2nd October, 1935. Public Accountants, Auditors.

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Sheep. Cattle. Horses. j Totals. Station. j . j Number. Value. Number. | Value. Number. ! Value. Number. Value. £ s. d. £ s. d. £ s. d. £ s. d. Mangatahu .. .. .. 7,243 4,907 0 0 883 3,102 10 0 12 75 0 0 8,138 8,084 10 0 Okaihau .. .. .. .. 3,285 2,247 10 0 197 690 10 0 1 5 0 0 3,483 2,943 0 0 Pukutarewa (flock).. .. .. 3,969 2,801 8 0 669 2,132 0 0 82 1,016 0 0 4,720 5,949 8 0 (stud).. .. .. 481 534 12 0 95 776 4 0 .. .. 576 1,310 16 0 Waitangirua .. .. .. 3,979 2,702 16 0 353 1,131 10 0 8 40 0 0 4,340 3,874 6 0 Wairere .. .. .. .. 13,072 8,927 0 0 1,323 5,216 0 0 50 265 0 0 14,445 14,408 0 0 Waikakariki .. .. .. 1,806 1,337 4 0 132 438 0 0 11 175 0 0 1,949 1,950 4 0 Totals .. .. 33,835 23,457 10 0 3,652 13,486 14 0 164 1,576 0 0 37,651 38,520 4 0

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MANGATU Nos. 3 AND 4 —continued. Income Account as at 30th June, 1935. Expenditure. £ s. d. Income. £ s. d. Interest .. .. .. .. .. 153 15 10 Rent .. .. .. . . .. 706 11 2 Rates .. .. .. .. 67 6 7 Balance .. .. .. .. . . 513 5 6 Repairs : Boundary fence . - .. .. 4114 3 Land-tax .......... 12 0 0 Distribution .. . . . . .. .. 920 0 0 Management and office expenses .. .. 25 0 0 £1,219 16 8 £1,219 16 8 MANGATU No. 3. Statement of Accounts for the Year ended 30th June, 1935. £ s. d. Balance at credit at 30th June, 1934 .. .. .. .. 7,827 1 7 ; Credits. £ s. d. Rent collected .. .. .. .. .. 706 11 2 Interest .. .. .. .. .. .. 371 13 II 1,078 5 1 8,905 6 8 Debits. Distribution .. .. .. .. .. :. 920 0 0 Land-tax .. .. .. .. .. 12 0 0 Management and office expenses .. .. .. 12 10 0 944 10 0 Balance at credit at 30th June, 1935 .. .. .. .. £7,960 16 8

MANGATU No. 4. Statement of Accounts for the Year ended 3oth June, 1933. £ s. d. Balance at debit at 30th June, 1934 . . .. . . . . 10,503 3 3 Debits. £ s. d. Interest .. .. .. .. .. .. 525 9 9 Rates .. .. .. .. .. 67 6 7 Repairs to boundary fence .. .. .. .. 41 14 3 Management and office expenses .. .. .. 12 10 0 647 0 7 Balance at debit at 30th June, 1935 .. .. .. .. £11,150 3 10

Sir, — 2nd October, 1935. We report that we have completed the &udit of the accounts of the Mangatu Block No. 1 for the twelve months ended 30th June, 1935 ; also of the accounts of the Mangatu Blocks Nos. 3 and 4 for the same period, and we attach hereto set of the foregoing accounts. We have the following comments to make :• — Freehold Property. —We have not inspected the title deeds relative to the properties, as we understand they are being rearranged. These will be verified in the course of our audit for the year ending 30th June, 1936. Stock Account. —We have accepted the figures for the live-stock on the various stations as at 30th June, 1935, as certified to by the Farm Managers and Mr. H. Symes, the Farm Superintendent. Wool. —Wool unrealized has been brought into the accounts at £7 per bale, with the exception of crutchings, which have been brought in at £3 per bale. Distributions. —In cases where payments have been made to the Natives during the current year through the Tairawhiti District Maori Land Board, we have accepted the Board's receipts for the moneys paid to them, but have not checked the individual receipts of the Natives concerned. The same procedure has been adopted as in previous years, and the individual receipts from the Natives will be checked by the Government Auditor in the course of the audit of the Tairawhiti District Maori Land Board. The amount distributed to beneficiaries for the year under review was £2,111 ss. Mangatu Nos. 3 and 4. —These accounts are incorporated in the books of No. 1 Block, but separate Balance-sheet, Income Account, and Statements have been prepared. Subject to the foregoing remarks, we certify that to the best of our knowledge and belief the accounts signed by us are correct. We have, &c., Clarke, Menzies, Griffin, and Ross, Public Accountants, Auditors. The Hon. the Minister for Native Affairs, Wellington, C. 1. Approximate Cost of Paper.—Preparation-, not given ; printing (460 copies), £5 10s.

By Authority: G. H. Lonky, Government Printer, Wellington. — 1935.

Price 3d.]

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