B.—l | l'T. IV]

NATIVE TRUST OFFICE. Revenue Account for the Year ended 31st March, 1933. Dr. Or. £ s. d. To Salaries. £s. d. £ s. d. By Net interest commission, fees, and other income 17,438 17 6 Permanent .. .. .. 8,411 19 9 Non-permanent .. .. 909 19 5 Deductions, section 5, Finance Act, 1931 (No. 2) .. .. 1,133 14 0 10,455 13 2 Repairs, maintenance, and insurance of office premises and plant— Office premises .. .. 0 5 8 Office furniture and fittings 55 10 7 Office machinery .. .. 6 0 7 Office insurances .. .. 9 15 2 Motor-vehicles .. .. 842 1 1 913 13 1 Audit fee .. .. .. .. .. 150 0 0 Agents' commission .. .. .. 10 0 0 Legal expenses .. .. .. .. 4 14 0 Meal allowances .. .. .. .. 0511 Postages, telegrams, and rent of boxes .. 218 7 10 Post and Telegraph Department—Payment for services .. .. .. .. 109 11 6 Printing and stationery .. .. .. 157 9 11 Public Service Superannuation Fund, contribution towards .. .. .. .. 175 16 11 Rent .. .. .. .. .. 540 12 0 Services for cleaning, &c. .. .. .. 147 19 1 Telephone charges .. .. .. .. 131 2 11 Travelling-expenses .. .. .. 618 17 2 Depreciation .. .. .. .. 497 3 7 Stamp duty on local-body investments (Part IV, National Expenditure Adjustment Act, 1932) 39 2 9 Net profit, to Appropriation Account .. 3,268 7 8 £17,438 17 6 £17,438 17 6 Appropriation Account for the Year ended 31st March, 1933. Dr. £ s. d. Or. £ s. d. To Reserve against unpaid interest .. .. 2,618 0 0 By Net profit for year ended 31st March, 1933, Assurance and Reserve Fund .. .. 585 7 8 transferred .. .. .. .. 3,268 7 8 Investment Fluctuation Fund .. .. 65 0 0 £3,268 7 8 £3,268 7 8 Balance-sheet as at 31st March, 1933. Liabilities. Assets. £ s. d. £ s. d. Amounts held under— £ s. d. Office fittings, furniture, plant, &c. 1,020 4 2 West Coast Settlement Reserves Act, 1892 .. 58,236 7 8 Less depreciation .. .. 497 3 7 Native Reserves Act, 1882 .. .. .. 63,123 3 0 Native Land Act, 1931, Part X .. .. 115,159 17 5 523 0 7 Native Land Act, 1931— £ s. d. Stationery .. .. .. 117 19 4 Maori Land Board funds .. 167,670 13 0 640 19 11 Special .. .. .. 1,700 0 0 Debentures and other securities 169,370 13 0 (book value)— Miscellaneous .. .. .. .. 7,746 1 2 Local-body securities .. 10,232 0 0 Native Trustee Act, 1930 .. .. .. 33,048 13 2 Mortgages, including special inMiscellaneous funds .. .. .. .. 71,056 18 7 vestments.. .. .. 543,861 8 5 Finance Act, 1930 (No. 2), section 6, advances Properties acquired .. .. 11,593 15 9 under .. .. .. .. .. 92,000 0 0 565,687 4 2 Native Land Act, 1931, section 521 £ s. d. Interest and rent due and accrued .. .. 33,814 7 6 Advances under .. .. 38,844 12 6 Sundry debtors, including advances to estates .. 154,648 610 Interest accrued .. .. 312 10 7 Suspense Account: Realizations, &c, being 39,157 3 1 written off .. .. .. .. 32 0 0 Sundry creditors .. .. .. .. 132 2 3 Balances— £ s. d. Writings-off in Suspense .. .. .. 32 0 0 At bank .. .. .. 2,258 9 1 Assurance and Reserve Fund .. .. .. 99,527 19 4 At Post Office .. .. 51 19 4 Investment Fluctuation Fund .. .. .. 6,001 19 10 Cash in hand .. .. 77 11 8 Reserve against unpaid interest .. .. 2,618 0 0 2,388 0 1 £757,210 18 6 £757,210 18 6 H. S. King, Deputy Native Trustee. R. Sinel, Accountant. The Audit Office, having examined the Balance-sheet and accompanying accounts and compared them with the relative books, documents, and securities, hereby certifies them to be in accordance therewith, subject to the following comments : (1) Advances exceeding the statutory margin of security have been made by the Native Trustee to the East Coast Maori Soldiers' Fund ; (2) Interest allowed to beneficiaries has not been computed in accordance with the prescribed rates. —G. F. C. Campbell, Controller and Auditor-General.

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