NATIVE TRUST OFFICE (ACCOUNTS OF THE), FOR THE YEAR ENDED 31st MARCH, 1930.

Appendix to the Journals of the House of Representatives, 1930 Session I, G-02

G.—2

1930. NEW ZEALAND.

NATIVE TRUST OFFICE (ACCOUNTS OF THE), FOR THE YEAR ENDED 31st MARCH, 1930.

Laid before the General Assembly in pursuance oj Section 6 of the Native Trustee Amendment Act, 1921-22.

Sib,— The Audit Office, Wellington, N.Z., 31st July, 1930. I have the honour, in accordance with the provisions of section 6 of the Native Trustee Amendment Act, 1921-22, to transmit to you the attached Balance-sheet, Statement of Receipts and Payments, and Revenue Account of the Native Trust Office for the year which ended on the 31st March, 1930, and to advise you that it has been examined and found to be correct. I have, &c, G. F. C. Campbell, Controller and Auditor-General. The Hon. the Minister of Native Affairs, Wellington. Statement showing the Total Receipts and Payments of the Native Trustee's Account dueing the financial year ended 31st march, 1930. Receipts. Payments. £ s. d. 1,682 5 6 Balance as at 31st March, 1929. 1929. £ s. d. 144,692 7 4 .. .. April .. .. .. 49,794 18 10 9,373 18 3 .. .. May .. .. .. 94,790 9 9 12,677 2 9 .. .. June .. .. .. 11,845 3 2 14,732 12 10 .. .. July .. .. .. 9,717 2 6 12,108 8 8 .. .. August .. .. .. 11,498 10 9 7,884 0 0 .. .. September .. .. .. 13,378 14 1 13,548 0 9 .. .. October .. .. .. 19,214 9 1 39,530 8 1 .. .. November .. .. .. 34,551 2 6 13,912 15 1 .. .. December .. .. .. 19,045 16 1 1930. 14,069 7 2 .. .. January .. .. .. 9,868 18 3 11,27111 1 .. .. February .. .. .. 11,734 12 9 23,206 2 4 .. .. March " .. .. .. 32,386 0 0 £ s. d. 317,825 17 9 Net balance at bank .. 854 3 4 Cash in hand .. .. 8 18 9 863 2 1 £318,688 19 10 £318.688 19 10

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Revenue Account fob the Year ended 31st March, 1930. Dr. Or. £ s. d. To Salaries. £s. d. £ s. d. By Not interest, commission, fees, and other income 16,066 5 9 Permanent .. .. .. 9,191 11 0 Non-permanent .. ~ 543 17 3 9,735 8 3 Additions, improvements, repairs, maintenance, and insurance of office premises and plant— Office furniture and fittings .. 13 6 5 Office instruments and machinery 17 0 4 Office insurances .. .. 8 18 11 Motor-vehicles .. .. 490 7 3 529 12 11 Audit fee .. .. .. .. 50 0 0 Native Trust Office Board—Fees to members .. 22 10 0 Overtime and meal allowances .. .. 1 13 0 Postages, telegrams, and rent of boxes .. 200 14 6 Post and Telegraph Department—Payment for services .. . . .. .. 127 19 6 Printing and stationery .. .. .. 228 12 5 Public Service Superannuation Fund, contribution towards ........ 171 2 8 Rent .. .. - .. .. .. 501 0 0 Services for cleaning, &c. .. .. .. 154 4 8 Telephone charges .. .. .. 108 2 1 Travelling-expenses .. .. .. 558 18 6 Agents' commission .. .. . . 13 0 4 Legal expenses .. .. .. . . 818 0 Depreciation of office fittings, furniture, plant, &c. 344 5 7 Net profit to Appropriation Account .. 3,310 3 4 £16,066 5 9 £16,066 5 9 Appropriation Account for the Year ended 31st Maech, 1930. Dr. £ s. d. Or. £ s. d. To Reserve and Assurance Fund .. .. 2,979 3 4 By Net profit for year ended 31st March, 1930, Investment Fluctuation Fund .. .. 331 0 0 transferred .. .. .. .. 3,310 3 4 £3,310 3 4 £3,310 3 4 Balance-sheet as at 31st March, 1930. Amounts held under— £ s. d. Sundry assets— £ s. d. £ s. d. West Coast Settlement Reserves Act, 1892 .. 54,776 1 3 Office fittings, furniture, plant, Native Reserves Act, 1882 .. .. .. 54,838 11 &c. .. 1,962 8 6 Native Land Act, 1909, Part X .. ..120,104 5 3 Less depreciation .. 344 5 7 Native Land Act, 1909— £ s. d. Miscellaneous .. .. 275,108 5 4 1,618 211 On special investment .. 3,000 0 0 Stationery .. .. 150 311 278,108 5 4 1,768 6 10 Native Trustee Act, 1920, and amendments .. 37,581 2 8 Stocks, bonds, debentures, and Miscellaneous funds .. .. .. 89,316 6 6 other securities. £s. d. Government securities .. 40,000 0 0 634,724 2 1 Local-body securities .. 39,300 0 0 Sundry Creditors— £ s. d. Mortgages, including special Post Office Account .. 4,068 14 9 investments .. .. 571,134 2 7 Various .. .. .. 99 16 7 Properties acquired .. 3,630 3 5 4,168 11 4 654,064 6 0 Reserve and Assurance Fund .. .. .. 82,613 810 Interest and rent due and accrued .. .. 16,778 17 3 Investment Fluctuation Fund .. .. 7,21719 1 Sundry debtors .. .. .. .. 55,249 9 2 Balances — £ s. d. At bank .. .. .. 854 3 4 Cash in hand .. .. 8 18 9 863 2 1 £728,724 I 4 £728,724 1 4 W. E. Rawson, Native Trustee. 29th May, 1930. R. Sinel, Accountant. The Audit Office, having examined the balance-sheet and accompanying accounts, and compared them with the relative books, documents, and securities, hereby certifies them to be in accordance therewith, subject to the following comment : The rate of interest allowed on the Assurance and Reserve Fund and the Investment Fluctuation Reserve, which in the past has been fixed at 6 per cent., has this year been fixed at 4J per cent. — G. F. C. Campbell, Controller and Auditor-General.

Approximate Cost of Paper. —Preparation, not given ; printing (450 copies), £2 10s.

Authority : W. A. G. Skinner, Government Printer, Wellington.—l93o.

Price 3d.]