EAST COAST NATIVE TRUST LANDS. MANGATU Nos. 1, 3, AND 4 BLOCKS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE PERIOD 1st JULY, 1932, TO 30th JUNE, 1933.

Appendix to the Journals of the House of Representatives, 1933 Session I, G-04

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1933. NEW ZEALAND

EAST COAST NATIVE TRUST LANDS. MANGATU Nos. 1, 3, AND 4 BLOCKS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE PERIOD 1st JULY, 1932, TO 30th JUNE, 1933.

Presented to both Houses of the General Assembly in pursuance of the Native Purposes Act, 1931.

MANGATŪ No. 1. Balance-sheet as at 30th Junk, 1933. liabilities Asset". P =™£ l :?" 'V. sfe ! \ S=? :: JL \\ »■- lJ ' Pukutarewa mortgage .. 15,000 0 0 Survey Account .. 287 8 6 ? Interest accrued .. q g _ __ ~']ie 7 0 Wairere mortgage ..50,000 0 0 Advances--Interested .. , , V. 1" 0 Bank o£ Australasia- Royal Commission .1,899 511 Current Account ..24,188 8 9 Owners appeal on account Interest accrued .. 278 17 9 of Blocks 1 and 4 .. 859 5 9 24 467 6 6 Advances to owners .. 3,340 4 7 AT .. _, . 6,640 12 8 Native Trustee — „ „ , . j. 9ij. if; i Mortgage Account ..20,000 0 0 Mangatu Nos. 3 and 4 .. •• 4,214 15 3 Intereiaccrued .. Sft' " ..g SJJ 5 914 9 io Foster Trustees — Mortgage Account .. 1,600 0 0 Investments--"accrue d .. q q 50 0 East Coast Commissioner .. .. 17,823 18 1 Williams and Kettle, Ltd. Rates accrued .. •• 8.4» 0 6 (shares) .. .. 35__0_0 q q MTnSah r :t O a r tionCur re nt Account " 30,676 4 0 Mangatahu live-stock . 7,440 10 0 tMa+Shntion jirrmmts •■ 1,519 4 9 Okaihau Station.. .. .15,13,! 14 b aSSffiSr* 1 •. • ■ • «.:«. 13 0 Live-stock .. .. S;m 10 0 & Income Account .. .. ■■ 3,754 # IUIU pukutarewa gtetion .. 18)24 6 0 9 Live-stock .. .. 6,398 12 0 24,644 12 9 Waitangirua Station .. 13,667 16 0 Live-stock .. .. 4,807 2 0 18,474 18 0 Wairere Station .. 3,376 13 4 Live-stock .. ..13,998 18 0 17,375 11 4 Waikakariki Station ..13,597 17 9 Live-stock .. .. 2,025 14 0 15,623 11 9 Office furniture and fittings .. 15 15 0 Produce and wool unrealized .. 7,753 6 7 £430,550 2 0 Auditob's Certificate. We have audited the accounts of Mangatu No. 1 Block, East Coast Native Trust lands for the year ended 30th June 1933 and our report on the audit of the accounts is contained in letter of even date, to the Income Account as at 30th June, 1933. Expenditure. Income. £ s. d. £ s. d. £ s. d. To Genera] expenses .. 107 3 9 By Balance 4,867 8 * Land-tax .. •• 294 17 8 Rent 4,38113 11 Legal expenses .. 37 1 6 Commission .. • • 87 7 9 Interest .. •• 4,752 6 1 Management and office exposes .. - g ? Balance 3,754 10 10 £9,248 19 5 £9,248 19^6

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MANGAIU So. I—continued. Statement of Accounts fob the Year ended 30th June, 1933. Waitangikua Station. Puktjtarewa Station. £ s. d. £ s. d. Balance at debit at 30th June, 1932 .. 16,859 14 11 Balance at debit at 30th June, 1932 .. 23,746 12 8 Debits. Debits. £ s. d. £ s. d. Sheep bought .. -. 19 13 9 Sheep bought .. .. 666 3 6 Cattle bought .. .. 198 0 0 Cattle bought .. .. 173 8 0 Running-expenses, including Horses bought .. .. 8 0 0 repairs and maintenance .. 229 18 0 Running-expenses, including Wages .. .. 531 4 3 repairs and maintenance 241 9 9 Rates . . .. .. 294 13 9 Seed .. .. .. 63 19 8 Management and office ex- Wages .. .. .. 782 9 11 penses .. .. .. 106 18 2 Rates .. .. .. 168 19 7 Interest .. .. .. 945 17 1 Management and office ex2,326 5 0 penses.. '.".'" .. 127 2 6 Interest.. .. .. 1,330 3 3 19,185 19 11 3,561 16 2 Credits. . Wool unrealized at 30th June, 27,308 8 10 1933, £792 (less wool un- Credits. realized at 30th June, 1932, Wool unrealized at 30th June, £330 16s. 6d. ; deficiency, ■ 1933, £1,278; plus wool £155 14s. 10d.) .. ". 305 8 8 sold, £120 15s. 10d. ; less Mutton unrealized at 30th wool unrealized at 30th June, 1933, £182 3s. 6d; June, 1932, £666 18s. lid. 731 16 11 plus mutton sold, £9 ss. 6d.; Sheep sold .. .. 1,358 2 11 iess mutton unrealized at Cattle sold .. .. 452 14 6 30th June,-1932, £28 15s. .. 167 14 0 Skins sold .. .. 6 610 Sheep sold .. .. 230 5 6 Farm-produce sold .. 101 9 6 Skins sold . . . . 1 8 10 Pelts sold .. .. 13 5 5 Pelts sold .. .. 6 411 — 2,663 16 1 711 i ii Balance at debit, 30th June, 1933 .. £24,644 12 9 Balance at debit, 30th June, 1933 .. £18,474 18 0 " '. Live-stock on station at 30th June, 1933 :— Live-stock on station at 30th June, 1933 :— £ s. d. £ s. d. 4,847 sheep .. 3,398 2 0 4,076 sheep .. 2,709 12 0 667 cattfe .. 2,335 10 0 ! 561 cattle .. 2,047 10 0 46 horses .. 665 0 0 10 horses .. - 50 0 0 : £6,398 12 0 £4,807 2 0 » ; '■ Waieeke Station. £ s. d. Mangatahtj Station. Balance at debit at 30th June, 1932 .. 17,333 1 9 £ s. d. Balance at credit at 30th June, 1932 .. 21,402 0 11 • Debits. £ s. d. Credits. Sheep bought .. .. 1,011 7 3 £ s. d. Cattle bought .. .. 1,875 17 6 Wool unrealized at 30th June, Running-expenses, including 1933, £2,022 (less wool un- repairs and maintenance 683 1 2 realized at 30th June, 1932, Wages .. .. .. 1,134 11 6 £1,067 2s. 9d.; wool Rates .. .. .. 463 3 4 deficiency, £141 7s. lid.) 813 9 4 Management and office exMutton unrealized at 30th penses.. .. .. 325 15 4 June, 1933, £377 2s. 6d.; Interest.. .. .. 1,096 14 6 plus mutton sold, £9 6s. 4d.; ' 6,590 10 7 less mutton unrealized at 30th June, 1932, £15 17s. 6d. 370 11 4 23,923 12 4 Sheep sold .. .. 1,069 12 3 Credits. Cattle sold .. .. 350 15 0 Wool unrealized at 30th June, Skins sold .. 12 1 3 1933, £3,816 (less wool unPelts sold .. .. 19 2 6 realized at 30th June, 1932, Interest.. .. .. 1,110 15 11 --. £1,952 125.; deficiency, 3,746 7 7 £55 ss. 7d.) .. ..1,808 2 5 Mutton unrealized at 30th 25,148 8 6 June, 1933, £689; plus Debits. mutton sold, £489 15s. 6d. ; Sheep bought .. .. 256 0 0 less mutton unrealized at Cattle bought .. .. 45 0 0 30th June. 1932, £777 ss. 401 10 6 Horse bought .. .. 3 0 0 Sheep sold .. .. 2,336 5 1 Running-expenses, including Cattle sold .. .. 1,375 17 11 repairs and maintenance 376 7 7 I Beef unrealized at 30th June, Wages .. .. .. 807 7 1 1933 .. .. '".'. 530 0 0 Rates . .. .. .. 251 12 6 Skins sold .. .. 16 4 4 Management .. .. 173 7 4 Pelts sold .. .. 80 0 9 1,912 14 6 6,548 1 0 Balance at credit, 30th June, 1933 ..£23,235 14 0 Balance at debit at 30th June, 1933 ..£17,375.11 4 Live-stock on station at 30th June, 1933 :— Live-stock on station at 30th June, 1933 • —- £ s. d. £ s. a.7,322 sheep .. 4,796 0 0 13,894 sheep .. 9,313 18 0 731 cattle .. 2,549 10 0 1,341 cattle .. 4,445 0 0 13 horses 95 0 0 42 horses .. 240 0 0 £7,440 10 0 £13,998 18 0

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MANGATU No. I—continued. Statement of Accounts for the Yeae ended 30th June, 1933 — continued. Waikakariki Station. Okaihau Station. £ s. d. . £ s. d. Balance at debit at 30th June, 1932 .. 15,042 1 9 Balance at debit at 30th June, 1932 .. 17,164 6 9 Debits. Debits. £ s. d. £ s - d - Sheep bought .. .. 526 17 0 Sheep bought .. ..1,259 12 11 Cattle bought .. .. 60 0 Cattle bought .. .. 50 17 0 Running - expenses, including Running - expenses, including repairs and maintenance .. 161 2 8 , repairs and maintenance.. 207 16 0 Seed .. 90 7 7 Wages 349 9 8 Manure 54 8 0 Rates .. .. .. 106 16 4 Wages • • 247 12 6 Management and omce exRates .. '.'■ ■■ 43 5 3 penses.. .. .. 70 510 Management and office ex- Interest.. .. .. 1,022 0 6 penses 40 6 4 3,066 18 3 Interest .. .. .. 848 7 3 — 2,018 6 7 20,231 o 0 Credits. 17,060 8 4 Wool unrealized at 30th June, 1933, £882 (less wool unrealized at 30th June, 1932, Credits. £459 12s. Bd. ; deficiency, Wool unrealized at 30th June, £135 19s. 9d.) .. .. 286 7 7 1933, £480 ; plus wool sold, Mutton unrealized at 30th £85 ; less wool unrealized at June, 1933, £426 ss. ; plus 30th June, 1932, £252 .. 313 010 mutton sold, £435 16s. 4d. Lamb unrealized at 30th June, (less mutton unrealized at 1933 166 0 0 30th June, 1932, £808 15s) 53 6 4 Sheep sold" '.'. .. 898 12 5 Sheep sold .. ..1,361 411 Skins sold .. .. 4 1 10 Cattle sold .. .. 98 15 0 Pelts sold .. .. 55 1 6 Skins sold .. .. 3 310 1,436 16 7 Pelts sold .. .. 101 12 10 [ 1,905 0 6 Balance at debit, 30th June, 1933 ..£15,623 11 9 — ~ ■ Balance at debit, 30th June, 1933 ..£18,326 4 6 Live-stock on station at 30th June, 1933 :— Live-stock on station at 30th June, 1933 :— £ s. d. £ s. d. 1,886 sheep .. 1,468 4 0 3,404 sheep .. 2,553 0 0 125 cattle .. 397 10 0 188 cattle .. 634 10 0 12 horses 160 0 0 1 horse . f> 0 0 £2,025 14 0 £3,192 10 0

Statement of Live-stock depastured on Stations at 30th June, 1933.

MANGATU Nos. 3 AND 4. Balance-sheet as at 30th June, 1933. Liabilities. Assets. £ s. d. Freehold property— £ s. d. £ s. d. ManiataNo 1 .. .. •• 4,214 15 3 Mangatu No. 3 .. 21,640 0 0 Amounts .. .. " 0 0 Mangatu No. 4 .. 18,000 0 0 Rent accrued .. •■ 1,082 610 39,640 0 0 _ient accrued ~ Sundry debtors .. .. .. 1,082 6 10 Improvements — Penning .. .. 577 18 7 Survey .. .. 541 17 0 1,119 15 7 Revenue Account .-. 2,730 17 3 , Expenditure .. .. 364 2 5 3,094 19 8 £44,937 2 1 £44,937 2^l Auditor's Certificate. — We have audited the accounts of Mangatu Blocks ,3 .and 4, East Coast Native Trust lands, for the year ended 30th June, 1933, and our report on the audit of the accounts is contained in our letter of even date to the Hon. the Minister of Native Affairs. Clark, Menzies, Griitin, and Koss, Wellington, N.Z., 19th September, 1933. Publio Accountants, Auditors.

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Sheep. Cattle. Horses. Totals. Station. " Number. Value. Number. Value. Number. Value. Number. Value. £ s. d. £ s. d. £ s. d. £ s. d. Mangatahu 7,322 4,796 0 0 731 2,549 10 0 13 95 » » 8,066 7,440 10 0 Okaihau 3 404 2,553 0 0 188 634 10 0 1 5 0 0 3,593 3,192 10 0 Pukutarewa .. 4,847 3,398 2 0 667 2,335 10 0 46 665 0 0 5,560 6,398 12 0 Waitangirua .. 4,076 2,709 12 0 561 2,047 10 0 10 50 0 0 4,647 4,807 2 0 Wairere .. 13,894 9,313 18 0 1,341 4,445 0 0 42 240 0 0 15,277 13,998 18 0 Waikakariki .. 1,886 1,468 4 0 125 397 10 0 12 160 0 0 2,023 2,025 14 0 35,429 24,238 16 0 3,613 .12,409 10 0 124 1,215 0 0 39,166 '37,863 6 0

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MANGATU Nos. 3 AND 4—continued. Income Account as at 30th June, 1933. Expenditure. £ s. d. Income. £ s. d. Interest .. .. .. ~ 210 4 7 By Balance .. .. .. .. 364 2 5 Land-tax .. .. .. . . 12 0 0 Rates .. .. .. .. .. 100 12 8 Management and office expenses .. .. 25 0 0 Legal expenses .. .. .. .. 1120 Spraying ragwort .. .. .. 5 3 2 £364 2 5 £364 2 5

MANGATU No. 3. Statement of Accounts for the Year ended 30th June, 1933. £ s. d. Balance at credit at 30th June, 1932 .. .. .. 5,436 7 4 Credit. Interest Account .. .. .. .. .. 298 11 11 5,734 19 3 Debits. £ s. d. Land-tax .. .. .. .. .. 12 0 0 Management and office expenses .. .. .. 12 10 0 24 10 0 Balance at credit, 30th June, 1933 .. .. .. .. £5,710 9 3

MANGATU No. 4. Statement of Accounts for the Year ended 30th June, 1933. £ s. d. Balance at debit at 30th June, 1932 .. .. .. 9,287 0 2 Debits. £ s. d. Interest .. .. .. .. .. 508 16 6 Rates .. .. .. .. .. .. 100 12 8 Management and office expenses .. .. .. 12 10 0 Legal expenses .. .. .. .. .. 11 2 0 Spraying ragwort .. .. .. .. 5 3 2 638 4 4 Balance at debit, 30th June, 1933 .. .. .. .. £9,925 4 6

Sir, — 102 Featherston Street, Wellington, N.Z., 19th September, 1933. We have to report that we have completed the audit of the accounts of the Mangatu Block No. 1 for the twelve months ended 30th June, 1933, also the accounts of the Mangatu Nos. 3 and 4 Blocks for the same period, and we attach hereto sets of the foregoing accounts : — We have the following comments to make : — Freehold Property .—We have not verified the titles to the various properties. Stock Accounts. —We have accepted without reservation the figures for the live-stock on the various stations at the 30th June, 1933, as certified to by the Farm Managers and Mr. H. Syme, the Farm Superintendent. Wool. —Wool unsold has been brought into the accounts at £6 per bale. There is still a quantity unsold belonging to previous seasons, and adjustments in the valuations will be made when the wool is finally disposed of. Distributions. —Moneys distributed to the Natives during the current year were merely balances of distributions authorized during the previous year, but in some further instances payments have been made in special cases of necessity. We have seen receipts from the Native Land Board for moneys paid to them, but have not checked the individual receipts of the Natives. The same procedure has been adopted in previous years —i.e., individual payments are checked by the Government Auditor in the course of the audit of the Tairawhiti District Maori Land Board. Mangatu Nos. 3 and 4.—These accounts are incorporated in the books of No. 1 Block, but separate balance-sheet, Income Account, and statements have been prepared. Subject to the foregoing remarks, we certify that, to the best of our knowledge and belief, the accounts signed by us are correct. We have, &c., Clarke, Menzies, Griffin, and Ross, Public Accountants, Auditors.

Approximate Cost of Paper.—Preparation, not given; printing (450 copies), £5 10s.

Authority: G. H. Loney, Government Printer, Wellington.—l 933.

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