G. 4

1.931. 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, 1930, TO 30th JUNE, 1931.

Presented to both Houses of the General Assembly in pursuance of Section 14 of the Mangatu No. 1 Empowering Act, 1893.

MANGATU No. 1. Balance-sheet as at 30th June, 1931. Liabilities. Assets. Public Trustee — £ s. d. £ s. d. £ s. d. £ s. d. General mortgage .. 25,725 14 6 Freehold property .. .. 301,589 13 9 Interest accrued .. 139 15 2 Roads Account .. .. 2,092 5 1 25,865 9 8 Survey Account .. 287 8 6 Mortgage Account (Puku- 2,379 13 7 tarewa) .. .. 1-5,000 0 0 Fencing Account .. .. 116 7 0 Interest accrued .. 256 8 9 Advances— 15,256 8 9 Sundry blocks.. .. 503 11 2 Mortgage Account (Wai- Distribution Account rere) . . . - 50,000 0 0 No. 1 .. .. 8 0 0 Interest accrued .. 739 14 6 Royal Commission ~ 1,791 10 10 50,739 14 6 Owners' appeal on acMortgage Account (Wi count of Blocks 1 and 4 810 11 2 Pere) .. .. 27,426 5 0 Advances to owners .. 3,340 4 7 Interest accrued .. 152 4 9 6,453 17 9 27,578 9 9 Mangatu Nos. 3 and 4 .. .. 3,957 15 7 Bank of Australasia — Sundry debtors .. .. 514 17 9 Current Account .. 19,650 2 1 Rent outstanding .. 3,847 5 4 Interest accrued . . 286 16 7 4,362 3 1 19,936 18 8 Investments— Native Trustee— ' Poverty Bay Farmers' Mortgage Account .. 20,000 0 0 Meat Co., Ltd. (shares) 5 0 0 Interest accrued .. 236 14 3 Williams and Kettle, Ltd. 20,236 14 3 (shares) .. .. 35 0 0 Foster Trustees — 40 0 0 Mortgage Account .. 1,600 0 0 Mangatahu live-stock .. .. 7,718 1 0 Interest accrued .. 19 4 0 Okaihau Station.. .. 12,484 17 8 1,619 4 0 Live-stock .. .. 3,281 10 0 East Coast Commissioner .. 20,289 17 7 15,766 7 8 Rates accrued .. .. .. 843 15 8 Pukutarewa Station .. 16,281 6 11 Sundry creditors .. .. 340 19 4 Live-stock .. .. 6,313 10 0 Mangatahu Station Current Account 28,295 5 9 22,594 16 II Distribution Accounts .. .. 1,612 18 8 Waitangirua Station .. 11,725 10 4 Capital Account .. .. 206,785 13 0 Live-stock .. .. 4,068 12 0 Income Account.. .. .. 2,039 5 1 15,794 2 4 Wairere Station .. .. 1,009 12 2 Live-stock .. .. 15.492 15 0 16,502 7 2 Waikakariki Station .. 11,070 2 8 Live-stock .. .. 1,795 0 0 12,865 2 8 Office furniture and fittings .. 15 15 0 Produce unrealized .. .. 11,284 11 2 £421,440 14 8 £421,440 14 8 Atjditob's Certificate. I have audited the accounts of Mangatu No. 1 Block, East Coast Native Trust Lands, for the year ended 30th June, 1931, and my report on the audit of the accounts is contained in my letter of even date to the Hon. the Minister of Native Affairs. Wellington, N.Z., 27th October, 1931. D. R. Menzies, Chartered Accountant (Aust.), Auditor.