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EAST COAST MAORI TRUST LANDS—continued Statement of Account for Year Ended 30th June, 1950 —continued MAHURANGI STATION : MANGAPOIKE 2b AND PARTS 2 A 3, 2D, AND 2B Debits £ s. d. Balance at debit at 30th June, 1949 .. .. .. .. .. .. 1,946 0 4 £ s. d. Plant and furniture at 30th June, 1949 .. .. .. 1,009 16 10 Depreciation .. .. .. .. .. .. 499 1 10 5lO 15 0 Improvements— New building .. .. .. .. .. .. 694 12 7 New stock yards .. .. .. .. .. .. 390 12 3 1,085 4 10 Accumulated profits to 30th June, 1949, transferred to blocks .. .. .. 33,652 2 1 37,194 2 3 Live-stock at 30th June, 1949 — £ s. d. 10,314 sheep .. .. .. .. 7,370 17 0 1,214 cattle .. .. .. .. 4,319 0 0 64 horses .. .. .. .. 356 0 0 12,045 17 0 Sheep bought(77s) .. .. .. .. .. .. 2,019 10 3 Cattle bought (125) .. .. .. .. .. .. 2,374 10 0 General farm wages .. .. .. .. .. .. 2,373 4 6 Shearing and crutching .. .. .. .. .. 870 4 9 Fencing .. .. .. .. .. • .. .. 499 12 1 Scrub-cutting .. .. .. .. .. .. 1,400 0 0 Packing .. .. .. .. .. .. .. 104 6 6 Repairs, maintenance, and running-expenses .. .. .. 2,916 8 3 Cartage .. .. .. .. .. . . .. 225 15 4 Fencing materials . . .. .. .. .. .. 246 7 0 Rent 24 17 8 Rent of buildings on Mangapoike 2b .. .. .. 392 10 0 Rates .. .. .. .. .. .. .. 580 10 1 Depreciation : Plant and furniture .. .. .. .. 499 110 Interest .. .. .. .. .. .. .. 398 3 3 Management and office expenses .. .. .. .. 789 12 8 Mangapoike 2b : Proportion of profit .. . . 4,626 2 3 Mangapoike 2a 3 : Proportion of profit .. 1,153 14 0 Mangapoike 2d : Proportion of profit .. .. 2,227 111 Mangapoike 2b : Proportion of profit .. .. 249 19 4 8,256 17 6 36,017 8 8 73,211 10 11

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