B—l [Pt. IV}

Balance-sheet as at 31st March, 1945

Liabilities £ Assets £ Native Trustee (Treasury): Mortgage No. 1 .. .. 14,765 Property investments— Sundry accounts in credit .. .. .. .. 250 Maketu Farm investment .. .. .. .. 36,692 Amounts held in trust .. .. .. .. .. 68 Whakapoungakau 4k .. .. .. .. 438 Miscellaneous ~ . . . . .. .. .. 121 Tautara 20a .. .. . . .. . . .. 100 Sundry villages .. .. .. .. .. .. 1,300 Other properties .. .. .. .. . . .. 1,980 Sundry tribes .. . . .. .. .. .. 300 Other investments v . .. .. .. .. 10 Deposits.. .. .. .. .. .. .. 133 Loans, including interest .. .. .. .. .. 4,763 Loans repayment .. .. .. .. .. 14,275 Sundry debtors: Ordinary, villages, tribes, Natives ... .. 3,427 Income and expenditure .. .. .. .. .. 19,212 Equipment, plant, &c. .. .. .. .. .. 367 £ Bank of New Zealand .. .. .. .. 417 Less outstanding cheques .. .. .. 270 147 Reserve Bank: War Loan .. .. .. .. 1,000 Liberty Loan .. .. .. .. .. 1,000 Victory Loan .. .. .. .. . . 500 1,500 £50,424 £50,424 J. Z. N. MITCHELL, Chairman. T. K. THOMPSON, Secretary. The Audit Office, having examined the Balance-sheet and accompanying accounts required by law to be audited, hereby certifies them to be correct.— J. P. Rutherford, Controller and Auditor-General.

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