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Session 11. 1921. NEW ZEALAND.

EAST COAST NATIVE TRUST LANDS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR YEAR ENDED 31st MARCH, 1921.

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

EAST COAST NATIVE TRUST LANDS. Balance-sheet as at 31st March, 1921. Liabilities. Assets. £ 8. d. £ s. d. £ a. d. £ s. d. Mortgages secured on free- Freehold lands .. .. 357,371 0 0 holds .. 65,200 0 0 Unpaid purchase-money Interest accrued on same 1,063 10 3 on sale of freehold land 42,310 15 0 66,263 1.0 3 Interest accrued on same 847 11 5 Money advanced by way 43,158 6 5 of loan .. .. 750 0 0 Rents due and accrued .. 4,252 17 3 Interest accrued on same 281 5 0 Produce unsold— 1,031 5 0 Wool .. .. 4,515 11 3 Accrued rates and taxes .. 429 15 10 Mutton .. .. 1,029 3 6 Bank of Australasia .. 34,428 12 7 Beef .. .. 251 5 8 Interest accrued on same 923 0 1 Hides and skins .. 30 17 6 35,351 12 8 Oats .. .. 30 0 0 Sundry creditors — 5,856 17 11 Dalgety and Co. (Li- Live-stock on farms .. .. 26,927 11 0 mited), Gisborne .. 1,431 19 11 Stores on hand .. .. 115 0 0 Dalgety and Co. (Li- Advances to Natives on mited), Wairoa .. 1,132 10 9 account of farm profits 6,261 3 9 Williams and Kettle Sundry debtors on open (Limited), Gisborne 8,471 10 6 . account .. .. 892 0 2 On open account .. 1,138 7 4 7,153 311 12,174 8 6 Advances to Blocks on Amounts due to Natives account of sundry rents .. 707 0 4 on account of rents, Investments—■ farm profits .. .. 2,386 11 7 Wairoa Farmers' CoAmount at credit of operative Meat ComBlocks, rentals, &c. .. 5,703 0 7 pany (Limited) .. 750 0 0 — 8,089 12 2 Gisborne Sheep-farmers' Amount held in suspense . Frozen Meat and re Lot 2, Tahora 2c 3.. 3,198 10 0 Mercantile Company Interest accrued .. 79 19 0 (Limited) .. .. 250 0 0 3,278 9 0 1,000 0 0 Surplus .. .. .. 320,256 16 5 Office fixtures .. .. 123 4 6 Travelling plant .. 210 8 6 333 13 0 £446,875 9 10 £440,875 9 10 Auditor's Certificate. I have audited the accounts of the East Coast Commissioner for the year ended 31st March, 1921, and my report on the audit of the accounts is contained in my letter of even date to the Minister of Native Affairs. Wellington, 31st October, 1921. Arthur T. Clarke, A.C.A., Auditor.

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