B.—l [PT. IV], SUP. to 1932.

MAORI PURPOSES FUND CONTROL BOARD. Income and Expenditure Account for the Year ended 31st March, 1932. Expenditure. Income. £ a. d. £ s. d. By Native Trust Office : Interest at 4J per cent, to t s. d. To Educational grants .. .. 2,353 17 4 31st March, 1932.. .. .. 3,059 0 9 Miscellaneous grants .. .. 3,566 15 4 Balance: Excess of expenditure over income .. 3,10.! 1 8 Less refunds .. .. 88 0 0 3,478 15 4 Administration expenses — Salaries, commission, postages, printing and stationery, and sundries .. .. .. 222 14 7 Depreciation .. .. 105 15 2 328 9 9 £6,161 2 5 £6,161 2 5 Balance-sheet as at 31st March, 1932. Liabilities. £ s. d. Assets. £ s. d. £ s. d. Tuakau Maori Hostel Fund .. .. .. 100 0 0 Cottages at Rotorua .. .. 494 2 1 Tokomaru Bay Carved Meeting-house Fund .. 297 16 0 Less depreciation .. .. 15 0 0 Sir James Carroll Memorial Fund .. .. 200 0 0 - 479 £ s. d. Sundry debtors: Waiariki District Accumulated fund at Ist April, 1931 72,058 15 3 Maori Land Board .. .. .. 249 18 11 Less amount transferred to Income Office furniture and equipment .. 510 16 2 and Expenditure Account .. 3,102 1 8 Less depreciation .. .. 90 15 2 F 68,956 13 7 420 1 0 Cash with Native Trustee .. .. .. 68,405 7 7 £69,554 9 7 £69,554 9 7 A. T. Ngata, Chairman. H. R. H. Balneavis, Secretary. I hereby certify that the Receipts and Payments Account, Income and Expenditure Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—G. F. C. Campbell, Controller and Auditor-General.

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