G.—4

2

MANGATU No. I. Balance-sheet as at 31st Makuij, 1923. Liabilities. Assets. £ s. d. £ s. d. £ s. d. £ S. d. Public Trustee .. .. 55,059 18 9 Freehold property .. .. 195,237 0 0 Less amount on hand on Improvements .. .. 3,124 5 8 account of rentals .. 2,7211 14 5 Roads .. .. .. 2,0!)2 5 1 52,336 4 4 Survey expenses .. .. 287 8 (i Bank of Australasia — Advances — 5,503 111 3 Mortgage Account .. 10,0(H) o o Waingaromia and RangaInterest accrued .. .'i(i(i 8 !) tira .. .. 10,492 18 7 — 10,306 8 !) \Y. L. Roes .. .. 1,024 .1 1 Bank of Australasia — Sundry blocks .. .. 306 I In Current Account .. 5,864 3 10 Owners in Ma- £ s. d. Interest accrued .. 540 0 4 ngatuNo. 14,344 6 5 6,404 4 2 Distribution Native Trustee — Account .. 304 0 0 Mortgage Aocount ..20,000 o 0 4,648 0 5 Interest accrued .. 580 10 II Owner's appeal on account —% — —20,580 10 II of Blocks Nos. 1 and 4.. 402 12 0 Money advanced by way of loan — Owners on account of Royal Mangatu Nos. 3 and 4 Commission .. .. 78(i 13 I Blocks .. .. 3,944 15 4 18,350 13 3 Deposit on loan. . .. 500 0 0 Sundry debtors on Open AcInterest accrued on same.. 5 14 !) count .. .. 332 17 3 4,450 10 1 Outstanding rents .. 1,752 II Ii Sundry creditors on Open Account .. 98 6 5 2,085 8 !l Accrued land-tax .. .. .. 3,454 17 II Investments — £ s. d. P.B. Farmers' Meat CornCapital Account 105,083 910 pany (Limited) .. 500 0 (I Add Suspense Williams and Kettle (LiAcco u n t mited) .. .. 35 0 0 tr a nsferred, 535 0 0 being divi- Waitan g i r u a Live-stock (lend reoeived Account— £ s. d. from Te Paea Sheep ..3,387 2 0 Tait Estate 903 .15 2 Cattle .. 1,508 10 0 105,987 5 0 Horses .. 55 0 0 Less transfer 4,950 12 0 (o Waitangi- Waitangirua rua FarmAc- plant .. 416 10 4 count, being Less depreciabalance of Te tion ... 52 1 3 Paea, Tait Es. 304 9 1 tatc losses 5,648 19 2 \Y ait a n g irua One year's in- furniture .. 120 5 4 terest .. 37119 7 Less deprecia0,020 18 9 tion .. 15 15 7 159,900 6 3 110 9 9 Waitangirua ( I-'. M. Cleary Imprest Account) .. 50 0 0 5,475 10 IO (lllice furniture .. .. .. 15 15 0 Insurance paid in advance ~ 40 13 I Mangatahu Farm Account 10,283 13 10 Mangatahu live-stock — £ s. d. Sliee]i .. 0,942 7 8 Cattle .. 3,010 0 0 Horses .. 35 0 0 9,993 7 8 *20,277 1 6 Produce unrealized— Wait angirua £ s. d. wool .. 92 0 0 W a i t a ngirua mutton .. 186 1 0 278 1 0 Mangatahu wool .. 94 4 0 Mangatahu 041 5 0 mutton 735 9 0 1,013 10 0 Income Account .. .. .. 9,002 17 2 £257,597 8 10 £257,597 8 10 Auditor's Cektificate. I have audited the accounts of Mangatu No. 1 Block, East Coast Native Trust lands, for the year ended 31st March, 1923, and my report on the audit of the accounts is contained in my letter of even date to the Minister of Native Affairs. Wellington, 4th October, 1923. Arthur T. Clarke, Auditor.

*As per Statement ol Account.