G.—3

1943 NEW ZEALAND

EAST COAST NATIVE TRUST LANDS BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE PERIOD 1st JULY, 1942, TO 30th JUNE, 1943

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

EAST COAST NATIVE TRUST LANDS Balance-sheet as at 30th June, 1943 Liabilities Assets Public Trustee— £ s. d. £ s. d. £ s. d. Mortgages .. .. 68,200 0 0 Freehold lands ".. .. .. .. 367,511 4 1 Interest .. .. .. 1,434 18 11 Live-stock on stations .. .. .. 71,393 8 0 ■ 69,634 18 11 Mangatu No. 1 .. .. .. .. 4,785 2 3 Tairawhiti District Maori Land Bank of New South Wales — £ s. d. Board— Current Account .. 19,797 0 3 Mortgage .. .. 6,000 0 0 Less interest .. .. 99 14 10 Interest accrued .. .. 60 0 0 19,697 11 5 6,060 0 0 Sundry debtors on open account 3,157 13 5 State Advances: Mortgage .. .. ... 2,395 14 1 Rent duo .. .. 4,508 4 1 Rates accrued .. .. .. .. 650 12 6 7,665 17 6 Sundry creditors .. .. .. .. 3,163 14 4 Advances to Natives on account rents, &e. .. 8,696 11 9 Amount duo to Natives on account of purchase- Ngapakira— £ s. d. money, &c. .. .. .. .. 450 17 11 Current Account .. .. 5 13 1 Amount at credit of blocks on account of purchase- Live-stock .. .. 2,682 5 0 money, &c. .. .. .. .. 9,693 12 I 2,687 18 1 Rent duo .. .. .. .. .. 4,508 4 1 Investments — Lindsay's store .. .. .. .. 57 15 0 Gis borne Sheep-farmers' Bad Debt Reserve .. .. .. .. 10,929 16 3 Frozen Meat and Mercantile Balance .. .. .. .. .. 417,549 18 7 Co., Ltd. : Shares .. 1,458 0 0 Hawkc's Bay Farmers, Ltd. : Shares .. .. 17 10 0 Williams and Kettle, Ltd. : Shares .. .. 262 10 0 Common, Shelton, and Co. : Shares .. .. 2 8 6 G. IT. Scales: Shares .. 15 0 War loan: Shares .. 15,000 0 0 £ s. d. Inscribed stock 0,520 19 9 Interest accrued 51 12 4 6,572 12 1 23,314 5 7 Office premises— Section .. .. .. 600 16 0 Building.. .. .. 3,262 2 7 3,862 18 7 Depreciation .. .. 312 12 0 3,550 6 7 Office furniture, and fixtures .. .. .. 250 0 0 Travelling plant .. .. .. .. 1,075 0 0 Mahurangi Mill Suspense .. .. .. 7,918 5 10 Hangaroa Timber Account .. .. .. 1,822 10 11 Lindsay plant .. .. .. .. 145 12 3 Building-materials .. .. .. .. 211 15 0 Wool unrealized .. .. .. .. 696 0 0 Produce unrealized .. .. .. .. 2,755 10 1 Station requisites on hand .. .. .. 181 18 11 Olliver Tractor Account .. .. .. 735 13 6 £525,095 3 9 £525,095 3 9 Auditors' Certificate We have audited the accounts of the East Coast Native Trust Lands for the year ended 30th June, 1943, and our report on the audit of the accounts is contained in letter of even date to the Hon. the Minister for Native Affairs. Clarke, Menzies, Griffin, and Co., Wellington, 21st October, 1943. Public Accountants, Auditors.