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EAST COAST NATIVE TRUST LANDS— continued Statement of Accounts as at 30th June, 1946 MANGAPOIKE 2a 3 AND 2d JOINT VENTURE MILL ACCOUNT Debits £ s. d. £ s. d. Mill buildings.. .. .. .. .. .. .. 438 15 0 Mill plant .. .. .. .. .. .. .. 1,196 12 8 Mill-manager's house .. .. .. .. .. .. 600 0 0 Tractor— S.O. .. .. .. .. .. .. .. 500 0 0 H.D. 10 .. .. .. .. .. .. .. 1,511 8 6 Mill requisites on hand.. .. .. .. .. .. 779 15 10 Bedford truck .. .. .. .. .. .. 225 0 0 Chevrolet truck .. .. .. .. .. .. 225 0 0 5,-176 12 0 Mill working .. .. .. .. .. .. .. 24,141 18 1 Mangapoike 2a 3 Timber Account: Logging and transport .. 7,818 2 4 Mangapoike 2d Timber Account: Logging and transport .. .. 8,058 7 1 Depreciation .. .. .. .. .. .. 5,911 6 2 45,929 13 8 51,406 5 8 Credits Timber sold .. .. .. .. .. .. .. 39,885 10 1 Timber on hand .. .. .. .. .. .. 461 0 6 — 40,340 10 7 Balance at debit at 30th June, 1946 .. .. .. .. .. ..£11,059 15 1 MANGAPOIKE MILL : HANGAROA TIMBER ACCOUNT Debits £ s. d. £ s. d. Purchase of land and expenses .. .. .. .. .. 1,663 4 0 Building-materials .. .. .. .. .. .. 45 9 6 Use of mill plant .. .. .. .. .. .. 165 7 11 Travelling-expenses .. .. .. .. .. .. 208 12 9 Workers' compensation insurance .. .. .. .. 220 19 3 Wages for felling, hauling, &c. .. .. .. .. .. 2,829 11 5 Roadwork and construction of river crossing .. .. .. 350 12 11 Cartage and freight .. .. .. .. .. .. 623 7 3 Log cartage .. .. .. .. .. .. .. 1,439 17 ,3 Timber cartage .. .. .. .. .. .. 882 19 9 Running-expenses and repairs of hauler, &c. .. .. .. 173 16 10 Winch hire .. .. .. .. .. .. .. 64 4 0 Use of tractors .. .. .. .. .. .. 994 10 0 Milling charge .. .. .. .. .. 3,169 13 1 Rates .. . . . . .. . . .. .. 5 3 5 Interest .. .. .. .. .. .. .. 212 22 13,049 11 6 Credits Timber sold .. .. .. .. .. .. .. 12,644 5 9 Sale of standing totara .. .. .. .. .. 100 0 0 Firewood sold . . .. .. .. .. .. 35 0 0 Transfer to Mill Working Account .. .. .. .. 270 5 9 13,049 11 6

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