G.—3b

1920 NE W ZEAL A N D.

EAST COAST NATIVE TRUST LANDS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR YEAR ENDED 31st MARCH, 1920.

Presented In both Santes of the Genera/ Assembly in pursuance of Section 73 of the East Coast Native Trust Lands Act, 1902.

BAST COAST NATIVE TRUST LANDS. TCATiANOE-SHEET AS AT 3IST MARCH, 1920. Liabilities. A tests. £ 9. d. £ a. d. £ s. d. £ a. d. Mortgages secured on free- Freehold lands 385,101 0 0 holds .. 05,200 0 0 Unpaid purchase-money Interest accrued on same 1,204 11 2 on sale of freehold land 21,831 14 8 ■ — 00,404 11 2 Interest accrued on same 412 17 0 Money advanced by way 22,244 12 3 of loan .. .. 750 0 0 Rents due and accrued .. .. 2,454 9 7 Interest accrued on loan 230 5 0 Advances to Natives on 980 5 0 account of farm profits, Rent paid in advance .. .. 140 13 11 rents, &c. .. .. 0,820 8 4 Outstanding rates .. .. 1,044 10 9 Sundry debtors on open Sundry creditors on open account .. .. 402 4 0 account .. .. .. 10,752 11 2 7,222 12 10 Hank overdraft £ s. d. Wool unrealized .. .. 1,201. 13 1 at (iisborne 32,709 10 9 Live-stock on farms .. .. 38,073 7 0 Interest ac- Travelling plant .. 235 4 0 crued on Office furnitures .. 130 17 0 same .. 1,286 10 4 372 1 0 33,940 7 1 Advances by Blocks on Less Credit, account of sundry rents .. 238 1 8 TolagO Bay 103 14 8 Investments— Less Credit, Wairoa Farmers' CoWairoa .. 40 12 11 operativo Meat Com210 7 7 pany (Limited) .. 750 0 0 33,735 19 6 Gisborno Sheep-farmers' Amount due to Natives Frozen Meat and on account of rents, Mercantile- Company farm profits, &c. .. 1,334 410 (Limited).. .. 250 0 0 Amount at credit of 1,000 0 0 Blocks, rentals, &c. .. 7,545 7 0 Cash in hand .. .. .. 50 0 0 8,879 11 10 A. T. Coleman Suspense Account .. .. .. 200 0 0 Surplus .. .. .. 335,807 14 7 £458,017 17 11 £458,017 17 11 Auditor's Certificate. I have audited the accounts of the East Coast Commissioner for the year ended 31st March, 1920, and my report on the audit of the accounts is contained in my letter of even date to the Minister of Native Affairs. Wellington, 9th November, 1920. Arthur Clarke, A.C.A., Auditor.

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