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1940. NEW ZEALAND.

EAST COAST NATIVE TRUST LANDS. MANGATU Nos. 1, 3, and 4 BLOCKS. BALANCE-SHEET AND STATEMENTS OF ACCOUNTS FOR THE PERIOD 1st JULY, 1939, TO 30th JUNE, 1940.

Presented to both Houses of the General Assembly in pursuance of Section 40 of the Native Purposes Act, 1931.

MANGATU No. 1. Balance-sheet as at 30th June, 1940. Liabilities. Assets. £ 8. d. Public Trustee—■ £ s. d. £ s. d. Freehold lands .. .. .. .. 301,589 13 9 Mortgages .. .. 158,237 5 0 £ s. d. Interest on mortgages .. 3,375 0 8 Roads Account .. .. 2,092 5 1 161,612 5 8 Survey Account .. .. 287 8 6 Bank of New South Wales — Fencing Account .. .. 1.16 7 0 Current Account .. .. 10,723 8 4 Sundry blocks .. .. 533 16 5 Interest accrued .. .. 21 14 6 Royal Commission .. .. 1,899 511 10,745 2 10 Owners'appeal .. .. 859 5 9 Rates accrued .. .. .. ■■ 73 7 3 5,788 8 8 Rent due by occupation licenses .. .. 590 11 0 Mangatu Nos. 3 and 4 .. .. .. 3,864 1 2 Rent due .. .. .. .. 43 12 1 Sundry debtors .. .. .. .. 4,139 12 2 Sundry creditors .. .. .. 949 18 6 East Coast Commissioner .. .. .. 2,512 16 9 Mangatahu Station: Current £ s. d. Investments— £ s. d. Account .. .. 73,360 13 6 Williams and Kettle: Shares .. 35 0 0 Wairere Station: Current £ s. d. Account .. .. .. 43,869 5 0 Inscribed stock.. 12,916 11 6 117,229 18 6 Interest accrued 182 17 2 Distribution Account .. .. .. 1,714 19 6 13,099 8 8 Capital Account .. .. •• 206,780 13 0 13,134 8 8 Kokomoko Station: Current Account .. .. .. 11,199 10 1 Okaihau Station: Current Account .. .. .. 20,966 17 0 Pukutarewa Station: Current Account .. .. .. 21,212 0 8 Tarndale Station: Current Account .. .. .. 17,966 11 11 Waitangirua Station: Current Account .. .. .. 20,280 12 1 91,625 11 9 Live-stock on stations as per schedule .. .. 56,148 16 0 £ s. d. Building-materials .. .. 70 8 3 Wool unrealized .. .. 1,476 0 3 Produce unrealized .. .. 375 10 0 1,921 18 6 Mutton and lamb .. .. 1,672 17 0 249 1 6 Income Account .. .. .. .. 20,687 17 11 £499,740 8 4 £499,740 8 4 Auditors' Certificate. We have audited the accounts of Mangatu No. 1 Block, East Coast Native Trust Lands, for the year ending 30th June, 1940, and our report on the audit of the accounts is contained in letter of even date to the Hon. the Minister of Native Affairs. Clarke, Menzies, Griffin, and Co., Public Accountants, Auditors. Wellington, 30th September, 1940.

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