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.