NATIVE TRUST OFFICE (ACCOUNTS OF THE) FOR THE YEAR ENDED 31st MARCH, 1931.

Appendix to the Journals of the House of Representatives, 1931 Session I-II, G-02

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1931. NEW ZEALAND.

NATIVE TRUST OFFICE (ACCOUNTS OF THE) FOR THE YEAR ENDED 31st MARCH, 1931.

Laid before the General Assembly in pursuance of Section 48 (2) of the Native Trustee Act, 1930.

S IE _. The Audit OfEce, Wellington, N.Z., 28th October, 1931. I have the honour, in accordance with the provisions of section 48 (2) of the Native Trustee Act 1930, 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, 1931, and to advise that they have been examined and have been certified subject to certain comments. I have, &c., G. F. C. Campbell, Controller and Auditor-General. The Hon. the Minister of Native Affairs, Wellington.

Statement showing the Total Eeceipts and Payments of the Native Tkustee's Account during the financial year ended 31st march, 1931. Receipts. Payments. £ s. d. 863 2 1 Balance as at 31st March, 1930. 1930. £ s. d. 15,164 5 9 ... .. April .. .. .. 11,213 15 2 17,540 6 7 .. •• May .. .. .. 19,537 18 7 5 .. •• June .. .. .. 13,063 15 11 18,896 13 2 .. •• July 33,674 15 4 20,083 2 6 .. •• August .. .. .. 22,254 17 1 22,537 310 .. ■■ September .. ... .. 15,229 8 8 25,479 0 2 .. •• October 30,985 4 6 41',933 0 1 .. ■• November .. .. .. 33,043 111 •40 688 111 .. •• December .. .. .. 46,021 7 4 1931. 14,130 17 1 ■• •■ January .. .. .. 21,220 18 1 10'196 2 8 .. •• February .. .. .. 7,124 17 0 65',299 9 7 .. .. March 62,025 0 6 £ s. d. 315,395 0 1 Net balance at bank .. 8,112 10 5 Cash in hand 165 7 4 ■ — 8,277 17 9 £323,672 17 10 £323,672 17 10

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Revenue Account foe the Year ended 31st March, 1931. To Salaries— £ s. d. £ s. d. , * ■• d - Permanent .. .• 10,289 1 9 By Net interest, commission, fees, and other income 22,90b 19 3 Non-permanent .. .. 965 8 9 11,254 10 6 Additions, improvements, repairs, maintenance, and insurance of office premises and plant — Office furniture and fittings .. 14 1 1 Office instruments and machinery .. .. • • 18 11 1 Office insurances .... 13 7 0 Motor-vehicles .. .. 816 10 7 862 9 9 Audit fee .. .. .. •• •• 50 0 0 Agent's commission .. • • • • 10 0 0 Contingencies .. .. •• •• 110 Legal expenses .. .. . • ■ • 414 0 Postage, telegrams, and rent of boxes.. .. 290 16 2 Post and Telegraph Department —Payment for , services .. .. • • .. 113 1 0 I Printing and stationery .. .. .. 276 8 7 J .' Public Service Superannuation Fund, contributions towards .. .. • • • ■ 362 1 5 Rent 545 13 0 Services for cleaning, &c. .. .. • • 158 7 9 Telephone charges .. .. . • • • 134 3 0 Travelling-expenses .. .. • • 896 14 4 Depreciation of office fittings, furniture, plant, &o. 548 1.2 11 Net profit to Appropriation Account .. .. 7,398 5 10 ~.,, . , h £22,906 19 3 £22,906 19 3 -*■:< I ?aS ' : ' '.''Appropriation Account for the Year ended 31st March, 1931. /> , £ s. d. Cr. £ s. d. To Reserve and Assurance Fund .. .. 6,659 5 10 By Net profit for year ended 31st March, 1931, Investment Fluctuation Fund .. :. 739 0 0 transferred .. .. .. .. 7,398 ° w £7,398 5 10 £7,398 5 10 Balance-sheet as at 31st March, 1931. Amounts held under— £ 8. d. Sundry assets— £ s. d. £ s. d. West Coast Settlement Reserves Act, 1892 .. 53,784 11 1 Office fittings, furniture, plant, Native Reserves Act, 1882 57,483 4 9 &o .. 2,062 17 11 Native Land Act, 1909, Part X .. .. 117,702 10 4 Less depreciation .. .. 548 12 11 Native Land Act, 1909— £ s. d. — ~— Maori Land Board Funds .. 191,152 19 10 1.614 5 0 Special 3,000 0 0 Stationery 123 16 4 ; — 1,038 1 4 194,152 .19 10 Stocks, bonds, debentures, and Miscellaneous .. .. 37,390 6 1 other securities— „„ „„„ r „ 231,543 5 11 Local-body securities .. 23,039 5 0 Native Trustee Act, 1930 .. .. .. 44,589 2 3 Mortgages, including special inMiscellaneous funds 80,079 6 11 vestments .. ..602,699 16 10 Finance Act, 1930 (No. 2), section 6— Properties acquired .. .. 4,210 3 5 Advances under .. .. 100,000 0 0 & ll'lf n I ? Interest accrued .. .. 322 18 7 Interest and rent due and accrued .. .. 22,882 8 1 100,322 18 7 Sundry debtors, including advances to estates _ .. 127,149 7 8 Sundry creditors Suspense Account —Realizations, &c, being written Post Office Account .. 4,416 6 4 off •• 1.739 5 0 Various .. .. .. 51 1 5 Balances— £ s. d 4,467 7 9 At bank .. .. .. 8,112 10 5 Writings-off in Suspense .. .. .. 1,739 5 0 Cash in hand .. .. 165 7 4 Reserve and Assurance Fund .. .. 91,751 2 8 8,277 17 J Investment Fluctuation Fund.. .. .. 8,173 910 £791,636 5 1 £791,636 5 1 W. E. Rawson, Native Trustee. Native Trust Office, Wellington, 30th May, 1931. 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 comments : (1) The rate of interest allowed on the Assurance and Reserve Fund and the Investment Fluctation Reserve has this year been fixed at 3 per cent., compared with 4| per cent, last year and 6 per cent, in previous years. (2) Interest has not been credited to certain benefit funds as required by regulations. (3) Advances exceeding the statutory margin of security have been made by the Native Trustee to the East Coast Maori Soldiers' Fund — G. F. C. Campbell, Controller and Auditor-General. Approximate Cost of Paper. —Preparation, not given : printing (475 copies), £2 7s. 6d.

By Authority: W. A. G. Skinner, Government Printer, Wellington,— l93l. Pria 3d.]

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