EAST COAST NATIVE TRUST LANDS BALANCE-SHEET AND STATEMENTS OF ACCOUNTS FOR THE PERIOD 1st JULY, 1946, TO 30th June, 1947

Appendix to the Journals of the House of Representatives, 1947 Session I, G-03-part02

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1947 NEW ZEALAND

EAST COAST NATIVE TRUST LANDS BALANCE-SHEET AND STATEMENTS OF ACCOUNTS FOR THE PERIOD 1st JULY, 1946, TO 30th June, 1947

Presented to both Houses of the General Assembly in 'pursuance of Section 40 of the Native Purposes Act, 1931

By Authority: E. V. Paul, Government Printer, Wellington.—l94B.

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eg EAST COAST NATIVE TRUST LANDS Balance-sheet as at 30th June, 1947 Liabilities Assets £ s. d. £ s. d. State Advances Corporation: Half share, mortgage office Freehold lands .. .. .. .. .. 394,334 16 9 premises .. .. .. .. .. 902 0 1 Live-stock on stations as per schedule .. .. 113,102 7 0 Bank of New South Wales— £ s. d. Plant and furniture on stations .. .. .. .1.5,979 7 11 . Current Account .. .. .. 128,442 15 1 £ s. d. . Interest accrued .. .. .. 957 8 0 Sundry debtors .. .. .. 8,613 12 2 129,400 3 1 Rent due .. .. .. 5,286 12 6 Rates accrued .. .. .. .. .. 1,432 7 3 13,900 4 8 Sundry creditors .. .. .. .. .. 3,713 1 0 Amounts due by sundry Natives .. .. .. 12,056 15 1 Rent due .. .. .. .. .. .. 5,286 12 6 Ngapakira live-stock .. .. .. . . 2,83,2 18 0 Amount at credit of various Block Distribution Accounts 9,340 11 6 Investments— Special Reserve Account .. .. .. .. 4,931 11 3 Common, Shelton, and Co., Ltd. .. 2 8 6 Mangatu No. 1 .. .. .. .. .. 33,191 12 11 Gisborne Sheep-farmers' Frozen Meat Balance .. .. .. .. .. .. 416,898 10 11 and Mercantile Co., Ltd. .. .. 364 10 0 Hawke's Bay Farmers Co-operative Association, Ltd. .. .. 17 10 0 Geo. H. Scales, Ltd. .. .. 15 0' Williams and Kettle, Ltd. .. .. 262 10 0 648 3 6 War loans— Stock .. .. .. .. 18,830 0 0 Interest accrued .. .. .. 104 6 3 18,934 6 3 Inscribed stock .. .. .. 6,099 5 0 Interest accrued .. .. .. 68 15 11 6,168 0 11 • Office premises— - £ s. d. Half-share section .. 300 0 0 Half-share building.. 1,631 9 3 . 1,931 9 3 Less depreciation .. .. 254 3 4 1,677 5 11

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Holiday-pay stamps oil hand .. .. .. 13 8 2 Office furniture and fixtures .. .. .. .. 225 0 0 Produce unrealized .. .. .. .. 3,333 6 4 Travelling plant .. .. .. .. . * 1,100 0 0 Truck transport .. .. .. .. .. 1,770 0 0 Wool unrealized .. .. .. .. .. 1,040 0 0 Unadjusted expenditure : Oliver Tractor Account .. 2,051 19 1 Mangapoike 2a 3 and 2d Joint Venture Mill Account .. 15,928 10 11 £605,096 10 6 £605,096 10 6 Auditors' Certificate We have audited the accounts of the East Coast Native Trust Lands for the year ended 30th June, 1947, and our report on the audit of the accounts is contained in letter of even date to the Right Hon. the Minister of Native Affairs. Clarke, Menzies, and Co., Public Accountants, Auditors. Wellington, New Zealand, 13th November, 1947.

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EAST COAST NATIVE TRUST LANDS— continued Statement showing the Position op the various Blocks as at the 30th June, 1947 Mangaheia 2d— £ s. d. £ s. d. £ s. d. £ s. d. Waipuna Station .. 2,443 11 11 Live-stock on stations as per schedule .. .. 113,102 7 0 Waipuna live-stock .. 2,051 8 0 Plant and furniture as per schedule .. .. .. 15,979 7 11 Waipuna plant and Mangapoike 2d .. .. .. .. .. 10,658 4 8 furniture .. 28 12 0 Mangapoike 2b .. .. .. .. .. 8,471 12 2 4,523 11 11 Maraetaha No. 2, Section 4 .. .. .. .. 6,720 13 7 Paroa Station .. 35,588 13 8 Maraetaha 2, Sections 3 and 6 £ s. d. Paroa live-stock 6,060 18 0 Patemaru station .. .. .. 48,245 5 0 Paroa plant and Less Patemaru live- £ s, d. furniture .. 3,782 17 4 stock .. .. 4,374 8 0 45,432 9 0 Less Patemaru plant and furniture ~ 390 16 0 49,956 0 11 4,765 4 0 Less General Account .. .. 10,862 4 10 39,093 16 1 43,480 1 0 Mangapoike 2a 3 Less General Account .. 15,446 18 7 Pohaturoa Station .. .. 25,670 6 3 28,033 2 5 Pohaturoa live-stock .. .. 4,371 8 0 Mangatu 5 and 6 Pohaturoa plant and:furniture .. 625 8 6 Mangaotane Station .. .. 6,164 0 6 Less Mangaotane 30,667 2 9 live-stock .. 5,315 0 0 Less General Account .. .. 3,865 17 8 Less Mangaotane 26,801 5 1 plant and furniture 849 0 6 Mangapoike A— 6*164 0 6 Paparatu Station .. 56,337 5 5 Paparatu live-stock .. 20,001 9 0 Paremata 48 .. .. .. .. .. 1807 Paparatu plant and Pakowhai Farm .. .. .. 12,229 13 8 Furniture .. 720 16 0 Less Pakowhai live77,059 10 5 stock .. .. 1,491 9 0 Tukemokihi Station .. 21,035 1 2 Less Pakowhai plant Tukemokihi live-stock 19,531 10 0 and furniture .. 586 6 5 Tukemokihi plant and 2,077 15 5. furniture .. 1,941 10 8 10,151 18 3 42,508 1 10 Tahora 2c 1, Section 3 General Account .. .. .. 33,379 18 10 119,567 12 3 Waimaha, Station . . 8,779 18 11 Less General Account .. .. 39,483 14 9 Less Waimaha live- .. 80,083 17 6 stock, £6,688; less

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Mangapoike 2b— Waimaha plant Mahurangi Station . > .. 6,122 11 10 and furniture, Mahurangi live-stock .. .. 10,413 14 0 £1,247 6s. .. 7,935 6 0 Mahurangi plant and 844 12 11 furniture .. .. .. 1,009 16 10 17,546 2 8 34,224 11 9 Maraetaha Id— Less Marewa Station .. .. 52 10 2 Kopua Station .. .. .. 5,934 6 10 34,172 1 7 Kopua live-stock .. .. 4,572 0 0 Tahora 2c 2, Section 2 .. .. 15,051 17 11 Kopua plant and furniture .. .. 593 15 3 Less Tahora Suspense .. .. 5,799 8 4 ll,lOO 2 1 9,252 9 7 Paremata 3 Tahora 2f, Section 2 Iwinui Station .. .. .. 11,983 2 4 Papuni Station .. .. .. 32,890 11 9 Iwinui live-stock .. .. .. 3,304 6 0 Less Papuni liveIwinui plant and furniture .. .. 424 8 9 stock .. .. 8,800 0 0 15,711 17 1 Less Papuni plant Paremata 4: Hall Account .. .. .. .. 1,177 3 10 and furniture .. 1,418 12 3 Paremata 73 and 73a .. .. .. .. 802 5 8 10,218 12 3 Tolaga Bay potato crop .. .. 78 11 3 Tolaga Bay Marae .. .. .. 618 19 3 22,671 19 6 697 10 6 Less General Account .. .. 12,582 8 8 Tahora 2c, Section 2 10,089 10 10 General Account .. .. .. 330 18 9 Freehold accounts— Live Stock Account .. .. 736 0 0 Mangaheia 2d .. .. .. 45,485 7 10 Plant and Furniture Account .. 27 1 6 Mangapoike A .. .. .. 39,798 0 0 1,094 0 3 Mangapoike 2a 3 .. .. .. 29,046 0 0 Tahora 2g 2 ... .. .. .. .. 823 17 4 Mangapoike B .. .. .. 1,018 0 0 Tawapata South No. 1— Mangapoike 2b .. .. .. 11,294 0 0 Onenui Station .. .. .. 12,382 7 5 Mangapoike 2d .. .. .. 10,779 0 0 Onenui live-stock .. .. .. 8,301 1 0 Mangapoike 2e .. .. .. 4,470 0 0 Onenui plant and furniture .. 2,097 19 6 Maraetaha Id .. .. .. 24,790 0 0 22,781 7 11 Maraetaha 2, Sections 3 and 6 .. 29,818 10 0 Te Kuri .. .. .. .. ... 876 17 7 Mangaheia 2e .. .. .. 970 0 0 Muriwai Cemetery .. .. .. 320 2 1 Mangatu 5 and 6 .. . . .. 13,800 0 0 Muriwai Dining-hall .. .. 2,695 14 10 Mangaheia 2b and other blocks .. 627 8 9 Muriwai Meeting-house .. .. 159 2 4 Maraetaha 2a, Sections 2 and 3 .. 27,034 2 8 Muriwai boats .. .. .. 74 14 7 Paremata 3 .. .. .. 20,867 0 0 3,249 13 10 Paremata 4 .. .. .. 4,348 0 0 Whaitiri No. 2 Paremata 48 .. . . .. 390 0 0 Live-stock Account .. .. 1,582 0 0 Paremata 64 .. .. .. 9,550 0 0 Less Current Account .. .. 398 10 11 Paremata 73 and 73a .. .. 776 0 0 1,183 9 1 Pakowhai .. .. .. '9,631 0 0

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EAST COAST NATIVE TRUST LANDS— continued Statement showing the Position of the various Blocks as at 30th June, 1947— continued Paremata 64 £ s. d. £ s. d. £ s. d. Freehold accounts— continued £ s. d. £ s. d. Titirangi Station .. 5,292 11 11 Paremata If, Block 2 .. .. 1,470 0 0 Titirangi live-stock .. 5,507 16 0 Paremata, Lots 26 and 27 .. .. 155 0 0 Titirangi plant and Tahora 2c 1, Section 3 .. .. 41,157 0 0 furniture .. 235 0 5 Tahora 2c 2, Section 2 .. .. 3,800 0 0 11,035 8 4 Tahora 2c 3, Section 2 .. .. 4,050 0 0 Less Paremata 64, Tahora 2r 2 .. .. .. 30,764 0 0 No. 1 Account .. 9,015 6 1 Tahora 2G 2 .. .. .. 1,346 0 0 Less Paremata 64, Tawapata South No. 1 .. .. 15,869 7 6 No. 2 Account .. 957 14 4 Te Kuri and Tangotete .. .. 8,816 0 0 9,973 0 5 WhaitiriNo. 2 .. .. .. 1,565 0 0 1,062 7 11 Wherowhero and Te Kuri Ia .. 800 0 0 Balance .. .. .. .. .. 416,898 10 11 Whataupoko .. .. .. 50 0 0 394,334 16 9 £640,984 5 4 £640,984 5 4

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Statement op Accounts for the Year ended 30th June, 1947 PAKOWHAI Credits £ s. d. Debits Balance at credit at 30th June, 1946 .. .. .. 12,114 5 0 Live-stock at 30th June, 1946— Plant and furniture at 30th June, 1947 .. .. 586 6 5 £ s. d. £ s. d. £ s. d. 1946 wool— £ s. d. £ s. d. 531 sheep .. .. 414 10 0 Retention .... 25 3 10 43 cattle .. .. 129 0 0 Realized, £lO Is. 7d.; valued 1 horse .. .. 5 0 0 at £8 .... ..2 1 7 548 10 0 27 5 5 Sheep bought .. .. .. 2,250 4 6 1947 wool— Cattle bought .. .. 2,393 7 6 Sold .. .. .. 275 0 8 Horses bought .. .. .. 33 10 0 Unrealized .. .. 8 0 0 Wages .. .. .. .. 678 5 6 283 0 8 Repairs, maintenance, and Sheep sold .. .. .. .. 2,290 12 9 running-expenses .. .. .. 328 10 10 Cattle sold .. .. .. .. 2,067 10 11 .Rates .. .. .. .. 199 13 3 Skins and hides sold .. .. 4 2 11 Management and office expenses .. 50 0 0 Meat sold .. .. .. .. 8 2 6 Farm produce sold .. .. .. 183 0 0 6,482 1 7 Interest .. .. .. .. 257 0 8 Committee fees and expenses .. 11 1 8 Live-stock at 30th June, 1947— Donations .. .. .. 3 12 11 946 sheep .. .. 982 9 0 14 14 7 111 cattle .. .. 479 0 0 Plant purchased .. .. 258 10 11 3 horses .. 30 0 0 Plant at 30th- June, 1946 .. 327 15 6 — 1,491 9 0 586 6 5 6,612 4 10 7,083 2 7 19,312 16 3 Balance at credit at 30 th June, 1947 .. .. £12,229 13 8

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EAST COAST NATIVE TRUST LANDS— continued Statement op Accounts for the Year ended 30th June, 1947— continued KOPUA STATION ONENUI STATION Debits £ s. d. Debits £ s. d. Balance at debit at 30th June, 1946 .. .. .. 6,626 14 2 Balance at debit at 30th June, 1946 .. .. .. 6,280 5 3 Plant and furniture at 30th June, 1946 .. .. 648 7 9 £ s. d. £ s. d. Plant and furniture at 30th June, 1946 .. 1,370 1 7 Roadwork .. .. .. .. 31 5 0 Plant bought .. .. .. 727 17 11 Electrical installation .. .. .. 169 16 0 2,097 19 6 — 201 1 0 Distribution .. .. .. 1,629 7 6 Donations .. .. .. .. 3 12 11 Donations .. .. .. .. 952 13 9 Committee fees and expenses .. .. 1118 Committee fees and expenses .. .. 41 4 8 l4 14 7 Costs re petition .. .. .. 300 0 0 Live-stock at 30th June, 1946— £ s. d. New fencing .. .. .. 540 4 9 3,750 sheep .. .. 2,590 13 0 New lighting plant .. .. .. 29 18 2 501 cattle .. .. 1,700 0 0 Survey, plans, &c. .. .. .. 76 0 6 18 horses .. .. 120 0 0 Ploughing, disking, &c. .. .. .. 2,139 10 0 4,410 13 0 Building dams .. .. .. 295 0 0 Sheep bought .. .. .. 136 10 0 Road-formation, &c. .. .. .. 937 12 6 Cattle bought .. .. .. .. 47 5 0 6,941 11 10 Horses bought .. .. .. 22 10 0 Live-stock at 30th June, 1946— £ s. d. Wages .'. .. .. .. 1,443 10 6 6,494 sheep .. .. 4,604 16 0 Repairs, maintenance, and running-expenses 1,169 13 4 773 cattle .. .. 2,607 10 0 Rates .. .. .. 246 18 3 51 horses .. .. 645 0 0 Rent .. .. .. .. 290 2 0 7,857 6 0 Interest .. .. .. 464 2 10 Sheep bought .. .. .. .. 2,170 5 0 Management and office expenses .. .. 186 6 5 Cattle bought .. .. .. .. 104 TO 0 8,417 11 4 Wages .. .. .. .. 2,417 15 7 Repairs, maintenance, and running-expenses 2,602 17 5 15,908 8 10 Rates .. .. .. .. 394 10 8 Rent .. .. .. .. .. 58 10 0 Credits Interest .. .. .. .. 711 12 5 1946 wool — £ s. d. Management and office expenses .. .. 311 0 0 Retention .. .. 161 12 8 16,628 7 1 Realized, £B5 Is. Id.; valued at £4O 45 1 1 31,948 3 8 206 13 9 1947 wool sold .. .. .. 2,114 19 1 Credits Sheep sold .. .. .. .. 1,741 10 1 1946 wool— £ s. d. Cattle sold .. .. .. .. 653 0 6 Retention .. .. 246 3 4 Skins and hides sold .. .. .. 16 14 2 Realized, £2Bl 10s. Bd.; Meat sold .. .. .. .. 6 0 0 valued at £152 .. 129 10 8 Rent of cottage .. .. .. 14 16 8 375 14 0

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Live-stock at 30th June, L 94?— 1947 wool— 3,755 sheep .. .. 2,657 10 0 Sold .. .. 3,622 17 9 527 cattle .. .. 1,797 10 0 Unrealized .. .. 96 0 0 18 horses .. .. 117 0 0 3,718 1-7 9 4,572 0 0 Sheep sold .. .. .. •• 5,067 17 3 Cattle sold .. .. .. •• 1,010 6 0 9,325 14 3 Skins and hides sold . . .. . • 46 6 6 Plant sold .. .. 54 12 6 Live-stock at 30th June, 1947— Plant and furniture at 30th 6,905 sheep .. .. 4,992 11 0 June, 1947 .. .. 593 15 3 800 cattle .. .. 2,728 10 0 648 7 9 47 horses .. .. 580 0 0 9,974 2 0 8,301 1 0 Balance at debit at 30th June, 1947 .. .. .. £5,934 6 10 18,520 2 6 ■■ Plant and furniture on hand at 30th June, 1947 .. .. .. •• 2,097 19 6 20,618 2 0 MARAETAHA No. 2, SECTION 4 11,330 1 8 Balance at credit at 30th June, 1M? ' 6,580 13 2 La ™ ch <•» P er schedule) .. .. 1.052 5 9 Intereßt ■' '• '■ 190 0 5 Balance at debit at 30th June, 1947 .. .. ..412,382 7 5 Balance at credit at 30th June, 1947 .. .. .. £6,720 13 7 • ■ MARAETAHA No. 2, SECTIONS 3 AND 6 TE KURE Debits £ s. d. Debits £ s. d. Balance at debit at 30th June, 1946 .. .. .. 15,941 15 7 Balance at debit at 30th June, 1946 .. .. .. 872 13 7 £ s. d. Legal expenses .. .. .. .. ■ • 440 Donations .. .. .. .. 8 5 4 Land-tax .. .. .. .. 22 3 Balance at debit at 30th June, 1947 .. .. ' .. £876 17 7 Committee fees and expenses .. .. 8 15 0 7 1 Stores for meetings .. .. .. 2 6 8 Interest .. .. .. .. .. 88 14 7 Management and office expenses .. 31 16 10 142 ° 8 ONENUI FISHING-BOATS 16,083 16 3 Debits £ s. d. Credits Balance at debit at 30th June, 1946 .. .. .. 1,011 16 4 Rent collected .. .. .. .. . • 636 17 8 Interest .. .. .. .. .. .. 40 9 5 Balance at debit at 30th June, 1947 .. .. ..£15,446 18 7 Balance at debit at 30th June, 1947 .. .. .. £1,052 5 9

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EAST COAST NATIVE TRUST LANDS— continued Statement of Accounts for the Year ended 30th June, 1947— continued PATEMARU STATION MANGAPOIKE 2d Credits £ s. d. Credits £ s. d. Balance at credit at 30th June, 1946 .. .. .. 44,179 11 6 Balance at credit at 30th June, 1946 .. .. .. 10,794 18 6 Plant and furniture at 30th June, 1947 .. .. 390 16 0 £ s. d. 1946 wool— £ s. d. £ s. d. Rent received .. .. .. .. 573 13 11 Retention .. .. 160 19 1 Interest .. .. .. .. 249 13 9 Realized, £BB 6s. 6d.; 823 7 8 valued at £4O .. 48 6 5 209 5 6 11,618 6 2 1947 wool sold .. .. .. 2,520 3 5 Sheep sold .. .. .. 2,560 2 9 Debits Cattle sold .. .. .. 1,371 16 0 Distribution .. .. .. .. 904 11 7 Horse sold .. .. .. .. 4 19 9 Donations .. .. .. . . 19 9 7 Skins and hides sold .. .. .. 28 17 0 Land-tax .. .. .. .. 7 7 3 Meat sold .. .. .. .. 7 4 0 Management and office expenses .. .. 28 13 1 Interest .. . i .. .. 727 8 0 960 1 6 Live-stock at 30th June, 1947 3,320 sheep .. .. 2,290 8 0 Balance at credit at 30th June, 1947 .. .. £10,658 4 8 577 cattle .. .. 2,032 0 0 —, 11 horses .. .. 52 0 0 4,374 8 0 U ' Bo4 4 5 MANGAPOIKE 2a 3 56,374 11 11 Credits £ s. d. Balance at credit at 30th June, 1946 .. .. .. 3,608 12, 5 t £ s. d. Debits Rent received .. .. .. 135 3 6 Live-stock at 30th June, 1946— £ s. d. Interest .. .. .. .. 146 6 0 3,503 sheep .. .. 2,376 12 0 281 9 6 439 cattle .. .. 1,396 10 0 11 horses .... 52 0 0 3,890 1 11 3,825 2 0 Sheep bought .. .. .. .. 521 3 0 Debits Cattle bought .. .. .. .. 1,417 5 0 Donations .. .. .. .. 11 5 1 Horses bought .. .. . . • • 14 0 0 Land-tax .. .. .. .. 5 10 Wages .. .. .. .. 941 4 1 Legal expenses re Morice lease .. .. 13 0 Repairs, maintenance, and running-expenses 493 6 10 Management and office expenses .. .. 6 15 2 Rates .. .. .. .. 341 0 0 24 4 3 Management and office expenses .. .. 185 10 0 Balance at credit at 30th June, 1947 .. .. £3,865 17 8 7,738 10 11

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Plant and furniture at 30th June, 1946 .. 390 16 0 PAPARATU STATION . 8 ' 129 6 11 Debits _ . , t ntr . \ r, Purchase-price of Maraetaha No. 2, Sections £ s. d. £ s. d. Balance at credit at 30tn June, 1947 .. .. .. 5 0 2 and 3 27 034 2 8 Stamp duty on purchase-price .. .. 297 11 0 Plant and furniture purchased .. .. 720 16 0 28,052 9 8 MANrAPniKF A Sheep bought .. .. .. ..22,910 11 6 MANGAFOIKIi/ A Cattle bought .. .. .. .. 25,516 10 6 Credits £ s. d. Horses bought .. .. .. 703 0 0 Balance at credit at 30th June, 1946 .. .. .. 37,768 1 11 Wages .. .. .. .. 1,338 11 1 £ s. d. Repairs, maintenance, and running-expenses 2,424 19 0 Rent received .. .. .. 2,745 1111 Transfer earmark brand and stragglers .. 120 0 0 Interest .. .. .. .. 2,171 13 5 Legal expenses.. .. .. .. 79 13 0 4,917 5 4 Valuation and umpires' fees .. .. 363 17 0 Rent .. .. .. .. 213 11 11 42,685 7 3 Rates .. .. .. .. 291 5 0 Debits Interest .. .. .. .. 907 19 7 Distribution .. .. .. 2,604 5 2 Management and office expenses .. .. 203 0 7 Donations .. .. .. .. 41 12 0 55,072 19 2 Land-tax .. .. .. .. 384 16 3 Legal expenses re Committee .. .. 24 17 6 ' 83,125 8 10 Stores for meeting .. .. .. 5 0 0 Committee fees and expenses .. .. 3 16 0 Management and office expenses .. 137 5 7 Credits 3,201 12 6 1947 WQol unrea iized .. .. .. 184 0 0 Balance at credit at 30th June, 1947 .. .. .. £39,483 14 9 Cattle sold " 5 493 0 ====== Skins and hides sold .. .. .. 29 2 10 Live-stock at 30th June, 1947— £ s. d. ~ 15,177 sheep .. .. 10,460 9 0 MANGAPOIKE B 2,446 cattle .. .. 8,979 0 0 Credits £ s. d. 95 horses .. .. 562 0 0 Rent received .. .. .. .. .. .. 82 1 9 20,001 9 0 Debits 26,067 7 5 £ s. d. Plant and furniture on hand at 30th June, Donation, Taihoa Marae Fund .. . . 77 19 8 1947 .. .. .. .. 720 16 0 Management and office expenses .. .. 4 2 1 —• 82 1 9 26,788 3 5 Balance at debit at 30th June, 1947 .. .. .. £56,337 5 5

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15AST COAST NATIVE TRUST LANDS— continued Statement op Accounts fob, the Year ended 30th June, 1947— continued MANGAPOIKE 2b MAHURANGI STATION Credits £ s. d. Debits £ s. d. Balance at credit at 30th June, 1946 .. .. .. 8,026 10 6 Balance at debit at 30th June, 1946 .. .. .. 6,779 12 8 £ s. d. £ s. d. Rent received .. .. .. .. 547 1 7 Plant and furniture at 30th June, 1946 .. 988 16 10 Interest .. .. .. .. 191 5 5 Plant bought .. .. .. 210 0 738 7 0 1,009 16 10 Clearing and grassing .. .. .. .. 736 9 11 8,764 17 6 Donations .. .. .. .. .. .. 37 10 1 Distribution .. .. .. .. .. 1,200 0 0 Debits Live-stock at 30th June, 1946— £ s. d. Distribution .. .. .. .. 230 0 0 7,880 sheep .. .. 5,585 10 0 Donations .. .. .. .. 19 9 7 825 cattle .. .. 2,952 10 0 Land-tax .. .. .. 16 8 8 45 horses .. .. 279 0 0 Management and office expenses .. .. 27 7 1 8,817 0 0 293 5 4 Sheep bought .. .. .. 2,093 10 0 Cattle bought .. .. 1,246 0 0 Balance at credit at 30th June, 1947 .. .. £8,471 12 2 Wages .. .. .. .. 2,274 19 7 1 ~ Repairs, maintenance, and running-expenses 2,255 14 3 Rates .. .. .. .. 379 0 5 Rent .. .. .. .. 78 19 8 Interest .. .. .. .. 703 0 3 Management and office expenses .. .. 400 0 8 TAHORA 2c 2, SECTION 2 18,248 4 10 Credits £ s. d. ~ Balance at credit at 30th June, 1946 .. .. 14,691 11 10 28,011 14 4 £ s. d. Credits Rent received .. .. .. .. 565 18 9 1946 wool— £ s. d. Interest .. .. .. .. 358 3 2 Retention .. .. 272 4 4 924 1 11 Realized, £179 175.; valued at £BO .. .. 99 17 0 15,615 13 9 372 1 4 Debits 1947 wool— Distribution .. .. .. .. 453 18 8 Sold .. .. .. 4,194 15 5 Donations .. .. .. .. 28 4 7 Unrealized .. .. 96 0 0 Land-tax .. .. .. .. 11 22 4,290 15 5 Inspection fee, Hutchinson's lease .. 24 17 6 Sheep sold .. .. .. .. 4,883 4 6 Legal expenses, Hutchinson's lease .. 7 7 0 Cattle sold .. .. .. .. 709 11 1 Committee expenses .. .. .. 10 0 0 Horses sold .. .. . . .. 30 0 0 Management and office expenses .. .. 28 5 11 Meat sold .. .. .. .. 50 6 0 563 15 10 Skins and hides sold .. .. .. 68 5 6

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Potatoes sold .. .. .. 61 7 10 Balance at credit at 30th June, 194-7 .. .. .. £15,051 17 11 Live-stoek at 30th June, 1947— ■ 8,522 sheep .. .. 6,083 4 0 I,o74,cattle . . .. 4,015 10 0 • 48 horses .. .. 315 0 0 10,413 14 0 TAHORA 2c 3/2 20,879 5 8 Debits £s. d. Plant and furniture at 30th June, 1947 .. 1,009 16 10 q r Plant and furniture on hand 30th June, 1946 .. .. 27 1 6 ' Cattle bought .. .. *0 Balance at debit at 30th June, 1947 .. .. .. £6,122 11 10 Wages .. .! 139 12 10 ====. Repairs, maintenance, and running-expenses 79 13 0 Rates .. .. .. .. 156 11 3 Management and office expenses " 11 " " PAREMATA 64, No. 1 ACCOUNT Live-stock at 30th June, 1946: 146 cattle.. 730 0 0 Credits £ s. d. 1,171 14 0 Balance at credit at 30th June, 1946 .. .. .. 8,760 8 0 lnterest .. .. .. .. .. • • 254 18 1 1,198 15 6 Credits Balance at credit at 30th June, 1947 .. .. .. £9,015 6 1 Balance at credit at 30th June, 1946 .. 76 19 3 ==■ 1946 wool retention .. .. .. 2 16 10 Rent .. .. .. .. 2 16 2 Timber sold .. .. .. .. 22 3 0 Live-stock at 30th June, 1947: 148 cattle.. 736 0 0 PAREMATA 64, No. 2 ACCOUNT ——— Credits • £ s. d. Balance at credit at 30th June, 1946 .. .. .. 1,884 15 11 Plant and furniture on hand at 30th June, Interest .. 46 15 11 867 16 9 1>931 n 10 — T)pJ)Q,f,R £ s. d. Balance at debit at 30th June, 1947 .. .. .. £330 18 9 Distribution .. .. 793 6 8 £) ona tions .. .. .. .. 50 0 0 Land-tax .. .. .. .. 4 15 10 Legal Expenses Account, Mcintosh and Irving 0 10 0 Proportion cost repairs Tolaga Bay Meeting--9 o house .. .. .. .. 120 0 0 TAHORA 2g 2 Committee fees and expenses .. .. 5 5 0 Debits £ s. d. 973 17 6 Balance at debit at 30th June, 1946 .. .. .. 823 17 4 Balance at credit at 30th June, 1947 ~ . • £957 14 4 No further transactions. >

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EAST COAST NATIVE TRUST LANDS— continued Statement op Accounts for the Year ended 30th June, 1947— continued TAHORA 2o 1, SECTION 3 TAHORA 2f 2 Credits £ s. d. Debits £ s. d. Balance at credit at 30th June, 1946 .. .. .. 32,554 18 11 Balance at debit at 30th June, 1946 .. .. .. 11,051 5 7 £ s. d. £ s. d. Rent received .. .. .. .. 1,567 18 4 Distributions .. .. .. .. 1,400 3 3 Interest .. .. .. .. 873 0 7 Donations .. .. .. .. 39 9 11 2,440 18 11 Land-tax .. .. .. .. 3 10 5 Road royalty on timber .. .. 122 4 3 34,995 17 10 Legal expenses .. .. .. 5 15 6 Debits Interest .. .. .. .. 134 1 7 Distributions .. .. .. 1,222 1 2 Management and office expenses .. .. 9 3 3 Donations .. .. .. .. 42 2 6 1,714 8 2 Land-tax .. .. .. 30 10 5 t Survey bush area ...... 232 17 0 12,765 13 9 Committee expenses .. .. 10 0 0 Credits Management and office expenses .. .. 78 7 11 Rent received .. .. .. .. .. 183 5 1 1,615 19 0 Balance at debit at 30th June, 1947 .. .. .. £12,582 8 8 Balance at credit at 30th June, 1947 .. .. .. £33,379 18 10 = PAPUNI STATION Credits £ s. d. Balance at credit at 30th June, 1946 .. .. .. 29,992 9 10 TirATiurATTA c-rArrT/Mw Plant and furniture at 30th June, 1947 .. .. 1,418 12 3 WAIMAHA STATION 1946 wool _ £ s. d. £ s. d. Credits £ s. d. Retention .. .. 321 15 0 Balance at credit at 30th June, 1946 .. .. .. 6,112 9 1 Realized, £2ll 7s. lid.; Plant and furniture on hand at 30th June, 1947 .. 1,247 6 0 valued at £lO4 .. 107 7 11 1946 wool— £ s. d. £ s. d. 429 2 11 Retention .. .. 197 10 0 1947 wool— Realized, £lB9 lis. 9d.; Sold .. .. .. 4,164 12 6 valued at £72 .. 117 11 9 Unrealized .. .. 72 0 0 315 1 9 4,236 12 6

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1947 wooi— Sheep soid .. .. .. .. 3,478 15 3 Sold .. .. .. 2,765 11 3 Cattle sold .. .. .. .. 1,461 6 11 Unrealized .. .. 88 0 0 Horses sold .. .. .. .. 35 0 0 2,853 11 3 Skins and hides sold .. .. .. 60 15 10 Sheep sold .. .. .. .. 3,436 19 9 Interest .. .. .. .. 424 12 10 Cattle sold .. .. .. .. 1,729 10 9 Half-share Ngapakira profit .. .. 376 3 8 Skins and hides sold .. .. .. 43 12 8 Live-stock at 30th June, 1947— Meat sold .. .. .. .. 5 0 0 6,868 sheep .. .. 4,654 0 0 Live-stock at 30th June, 1947— 1,081 cattle .. .. 3,831 0 0 5,295 sheep .. .. 3,809 10 0 57 horses .. .. 315 0 0 692 cattle .. .. 2,548 10 0 8,800 0 0 27 horses .. .. 330 0 0 19,302 9 11 6,688 0 0 r 15,071 16 2 50,713 12 0 Debits 22,431 11 3 Live-stock at 30th June, 1946— £ s. d. Debits 7,137 sheep .. .. 5,124 15 0 Live-stock at 30th June, 1946— £ s. d. 1,263 cattle .. .. 4,234 10 0 4,948 sheep .. .. 3,542 17 0 55 horses .. .. 360 0 0 759 cattle .. .. 2,699 10 0 9,719 5 0 31 horses .. .. 380 0 0 Sheep bought .. .. .. 189 0 0 6,622 7 0 Cattle bought .. .. .. .. 157 10 0 Sheep bought .. .. .. .. 1,188 16 0 Wages .. .. .. .. 2,915 12 9 Cattle bought .. .. .. .. 89 5 0 Repairs, maintenance, and running-expenses 2,489 11 4 Wages .. .. .. .. 2,443 11 3 Rates .. .. .. .. 570 15 4 Repairs, maintenance, and running-expenses 1,219 17 10 ■ Management and office expenses .. .. 362 13 7 Rates ........ 516 9 5 Interest ........ 70 16 5 £ s. d. 16,404 8 0 Management and office expenses .. .. 253 3 5 Plant bought .. .. 270 13 11 Plant on hand at 30th June, . 12,404 6 4 1946 .. .. .. 1,14718 4 Plant and furniture on hand at 30th June, 1946 1,247 6 0 1,418 12 3 13,651 12 4 - 17,823 0 3 Balance at credit at 30th June, 1947 ~ .. .. £8,779 18 11 Balance at credit at 30th June, 1947 .. .. .. £32,890 11 9

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EAST COAST NATIVE TRUST LANDS— continued Statement op Accounts for the Year ended 30th June, 1947— continued TUKEMOKIHI STATION PAREMATA 4 : HALL ACCOUNT Debits Debits £ s. d. £ s. d. £ s. d. Balance at debit at 30th June, 1946 .. .. .. 1,127 16 4 Plant purchased .. .. .. 1,941 10 8 £ s. d. Building addition .. .. .. 255 7 3 Insurance .. .. .. .. 6 9 1 One Public Works Department Hut .. 110 0 0 Interest .. .. .. .. .. 42 18 5 Bridge materials .. .. .. 146 3 2 49 7 6 2,453 1 1 Sheep bought .. .. .. .. 21,571 4 0 Balance at debit at 30th June, 1947 .. .. .. £1,177 3 10 Cattle bought .. .. .. .. 20,064 2 6 —— Horses bought .. .. .. 298 0 0 Wages .. .. .. .. 3,651 17 4 Repairs, maintenance, and running-expenses 2,841 8 0 Rates .. .. .. .. 1,170 3 9 Rent .. .. .. 547 1 7 Interest .. .. .. .. 1,193 9 7 parha station Management and office expenses .. .. 772 4 1 AKUA MAIUN 52,109 10 10 Debits £ s. d. Balance at debit at 30th June, 1946 .. .. 35,187 1 0 54,562 11 11 £ s. d. Credits Plant and furniture at 30th June, 1946 .. 3,230 9 4 1947 wool— £ s. d. Plant purchased .. .. .. 552 8 0 Sold .. .. 5,761 17 7 3,782.17 4, Unrealized .. .. 160 0 0 Part cost new cottage .. .. .. ~ 240 2 6 5,921 17 7 Live-stock at 30th June, 1946— £ s. d. Sheep sold .. .. .. .. 1,967 3 11 5,603 sheep .. .. 4,098 7 0 Cattle sold .. .. .. .. 4,096 19 11 623 cattle .. .. 2,660 10 0 Skins and hides sold .. .. 60 8 8 13 horses .. .. 155 0 0 Meat sold .. .. .. .. 8 0 0 6,913 17 0 Live-stock at 30th June, 1947— Sheep bought .. .. .. .. 3,436 11 4 15,260 sheep.. .. 10,890 0 0 Cattle bought .. .. .. .. 2.7 0 0 2,222 cattle .. .. 8,421 10 0 Wages .. .. .. .. 3,285 18 3 29 horses .. .. 220 0 0 Repairs, maintenance, and running-expenses 1,668 19 7 19,53110 0 Rates .. .. .. .. 749 18 4 — Interest .. .. .. .. 1,806 16 10 31,586 0 1 Rent ~ ~ ~ ~ 60 0 0

16

2—G. 3,

G—3

Plant and furniture on hand at 30th June, Management and office expenses .. .. 201 3 3 1947 .. ' .. .. .. 1,941 10 8 ■ ■■—_ 18,150 4 T 33,527 10 9 57,360 5 5Balance at debit at 30th June, 1947 .. .. £21,035 1 2 1 Credits 1946 wool— £ s. d. Retention .. . . 204 10 10 WAIPUNA STATION Realized, £llO 4s. lOd.; Debits £ s. d. valued at £4B . . 62 4 10 Plant purchase .. .. .. . . .. 28 12 0 266 15 8 £ s. d. 1947 woolSheep bought .. .. .. .. 2,643 19 2 Sold .. .. .. 2,484 15 4 Cattle bought .. .. .. .. 1,333 15 0 Unrealized .. .. 80 0 0 Horse bought .. .. .. .. 5 0 0 - 2,564 15 4 Wages .. .. .. .. 401 8 7 Sheep sold .. .. .. .. 5,443 11 7 Repairs, maintenance, and running-expenses 227 16 7 Cattle sold .. .. .. .. 2,286 11 9 Rates .. .. .. .. 56 0 6 Meat sold .. .. .. .. 71 16 0 Interest .. .. .. .. 34 19 0 Skins and hides sold .. .. . . 32 16 5 Management and office expenses .. .. 27 1 4 Maize sold, £375 18s. 6d.; 4,730 0 2 credited last year, £347 .. 28 18 6 Maize on hand .. . . 220 0 0 4,758 12 2 248 18 6 Credits Peas sold .. .. .. .. 419 16 3 1947 wool unrealized .. .. .. 24 0 0 Potatoes sold .. .. .. .. 101 0 0 Cattle sold .. .. .. .. 11 0 3 Pressing hay .. .. .. .. 172 4 11 Live-stock at 30th June, 1947 £ s. d. Ploughing, disking, &c. .. .. .. 218 0 0 2,003 sheep .. .. 1,478 18 0 Hay sold .. .. .. .. " 101 10 0 184 cattle .. .. 552 10 0 Live-stock at 30th June, 1947— 1 horse .. 20 0 0 5,502 sheep .. .. 4,041 18 0 2,051 8 0 388 cattle .. .. 1,842 0 0 l5 horses .. .. 177 0 0 2,086 8 3 6,060 18 0 One cottage sold .. .. .. 200 0 0 : Plant and furniture on hand at 30th June, 17,988 14 5 1947 .. .. 28 12 0 Plant and furniture at 30th June, 1947 .. 3,782 17 4 —I 2,315 0 3 21,771 11 9 Balance at debit at 30th June, 1947 .. .. .. £2,443 11 11 Balance at debit at 30th June, 1947 .. .. ..£35,588 13 8

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o—3

EAST COAST NATIVE TRUST LANDS— continued StfMMfiSfISFF of Accounts fob the Year ended 30th June, 1947— continued TITIRANGI STATION WHAITIRI No. 2 Debits £ s. d. Credits £ s. d. Balance at debit at 30th June, 1946 .. .. .. 3,654 3 4 Balance at eredit at 30th June, 1946 ... .. .. 359 18 0 Plant and furniture at 30th June, 1946 .. .. 104 0 0 £ s. d. Plant purchased .. .. .. .. .. 131 0 5 Rent received .. .. .. .. 240 0 0 Live-stocik at 30th June, 1946— £ s. d. £ s. d. Interest .. .. .. .. 11 12 11 3,562 sheep .. .. 2,471 4 0 ~ 25112 11 177 cattle .. .. 735 10 0 6 hofsfes .... 60 0 0 611 10 11 —«- 3,266 14 0 Debits Sheep bought .. .. .. 898 18 0 Distribution .. .. .. .. .. .. 213 0 0 Cattle bought .. .. .. .. 1,850 15 0 Horse bought .. .. .. .. 7 0 0 Balance at eredit at 30th June, 1947 ... .. .. £398 10 11 Wages .. .. .. .. 1,687 4 11 =_= Repairs, maintenance, and runniiig-expenses 1,146 15 10 Rates .. .. .. .. 424 0 10 Interest .. .. .. .. 355 6 0 Management and office expenses .. .. 225 15 6 — 9,862 10 1 MANGAOTANE STATION 13,751 13 10 Credits £ s. d. Credits Balance at credit at 30th June, 1946 .. .. 6,907 6 7 1046 wool-- £ s. d. Plant and furniture at 30th June, 1947 .. .. 849 0 6 Realized .. .. 86 15 2 1946 wool— £ s. d. £ s. d. Valued at .. .. 82 0 0 Retention .. .. 149 7 0 54 15 2 Realized, £B3 13s. Id. ; 1947 wool— valued at £4O .. 43 13 1 Sold .. .. .. 2,153 17 10 193 0 1 Unrealieed .. .. 72 0 0 1947 wool— 2,225 17 10 Sold .. .. .. 2,031 17 9 Sheep sold .. .. .. .. 417 13 8 Unrealized .. .. 48 0 0 Hdfsp sold .. .. .. 5 ,0 0 2,079 17 9 Skins and hides sold >.»•, . .. 4 10 10 Sheep sold . ... , ... .. .. 1,985 8 0

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Meat sold .. .. .. .. § 8 0 Cattle £|old . . .. .. 4,§24 8 9 Live-stock at 30th June, 1947— Skins and hides sold .. . . . . 49 13 4 4,875 sheep .. .. 3,478 6 0 Livestock at 30th June, 1947— 598 cattle .. .. 1,964 10 0 3,530 sheep .. .. 2,422 10 Q 7 horses .. .. 65 0 0 530 p&ttle .. .. 2,648 10 0 —=r 5,507 16 0 29 horses .. .. 244 0 0 5,315 0 0 8,224 1 6 14,447 7 11 Plant and furniture on hand at 30th June, 1947 .. .. .. 235 0 5 I 22,203 15 0 8,459 1 11 D e uts Live-stock at 30th June, 1946— Balance at debit at 30th June, 1947 .. .. £5,292 11 11 £ s . <}, ===== 4,140 sheep .. .. 2,852 13 0 622 cattle .. .. 3,102 10 0 27 horses .. . . 219 0 0 WHAXTIRI No. 2 : No. 2 ACCOUNT Sheep bought .. .. "7 ~ 6 '222 15 0 Credits £ s. d. £ s. d. Cattle bought .. .. .. .. 3,072 0 0 Cattle sold .. .. .. .. 2,245 5 9 Horses bought .. .. .. 58 0 0 Live-stock at 30th June, 1947: 188 cattle 1,582 0 0 Wages .. .. .. .. 2,034 18 0 3,827 5 9 Repairs, maintenance, and running-expenses 1,245 3 10 Rates .. .. .. .. 76 0 0 Debits Interest .. .. .. .. 6 9 1 Live-stock at 30th June, 1946: 144 cattle 1,092 0 0 Management and office expenses .. .. 181 7 9 Cattle bought .. .. .. .. 2,191 10 3 Transfer to special reserve .. .. 1,883 16 5 Wages .. .. .. .. 21 14 4 Repairs, maintenance, and running-expqnses 4 16 1 £ s. d. 14,954 13 1 Rates .. .. .. .. 63 3 4 Roadwork ... 236 0 11 Rent .. .. .. .. 240 0 0 Plant bought .. .. 115 16 IJ. Interest .. .. .. .. 14 15 8 Plant and furniture at 30th . Balance transferred to management and June, 1946 .. .. 733 3 7 office expenses .. .. .. 199 6 1 1,085 1 5 3,827 5 9 16,039 14 6 Balance at credit at 30th June, 1947 .. .. .. £6,164 0 6

3—G. 3.

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a—3

EAST COAST NATIVE TRUST LANDS— continued Statement of Account fob the Year ended 30th June, 1947— continued POHATUROA STATION IWINUI STATION Debits £ s. d. Debits £ s. d. Balance at debit at 30th June, 1946 .. .. .. 24,718 17 2 Balance at debit at 30th June, 1946 .. .. .. 12,767 0 11 Plant and furniture at 30th June, 1946 .. .. 625 8 6 Plant at 30th June, 1946 .. .. .. .. 424 8 9 Clearing .. ' .. .. .. .. 200 00£s. d. Live-stock at 30th June, 1946— Donation .. .. .. .. 25 0 0 -£ s. d. £ s. d. Proportion cost repairs to Tolaga Bay Meeting--3,943 sheep .. .. 2,657 16 0 house .. .. .. ... 80 0 0 798 cattle .. .. 2,918 0 0 Committee fees and expenses .. .. 5 5 0 17 horses .. .. 85 0 0 Distribution .. .. .. .. 306 0 0 5,660 16 0 416 5 0 "Sheep bought .. .. .. .. 126 0 0 Live-stock at 30th June, 1946— £ s. d. •Cattle bought .. .. .. .. 110 5 0 2,426 sheep .. .. 1,880 0 0 Horses bought .. .. .. 30 0 0 554 cattle .. .. 1,783 10 0 Wages .. .. .. 1,626 14 0 9 horses .. .. 120 0 0 Repairs, maintenance, and running-expenses 760 13 11 3,783 10 0 Rates .. .. .. .. 299 6 8 Sheep bought .. .. .. .. 2,379 13 0 Interest .. .. .. 1,246 22 Cattle bought .. .. .. .. 5 19 Management and office expenses .. .. 173 0 0 Wages .. .. .. .. 1,183 0 6 10,032 17 9 Repairs, maintenance, and running-expenses 374 10 4 Rates .. .. .. .. 509 13 10 35,577 3 5 Interest .. .. .. .. 666 12 6 Credits Management and office expenses . . .. 125 5 9 1946 wool— £ s. d. 9,027 7 8 Retention .. .. 141 8 4 Realized, £147 10s. Id.; 22,635 2 4 valued at £64 .. 83 10 1 Credits 224 18 5 1946 wool— £ s. d. 1947 wool— Retention .. .. 11l 16 9 Sold .. .. 1,948 8 2 Realized, £63 165.; valued Unrealized .... 48 0 0 at £32 .. .. 31 16 0 1,996 8 2 143 12 9 Sheep sold .. .. .. .. 1,350 2 3 1947 wool— Cattle sold .. .. .. .. 1,305 16 7 Sold .. .. .. 999 10 11 Horses sold .. .. .. .. 1 10 0 Unrealized .. .. 32 0 0 Skins and hides sold .. .. 17 9 3 1,031 10 11 Meat sold .. .. .. .. 13 16 0 Sheep sold .. .. .. .. 3,460 10 10

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&—5

Live-stock at 30th June, 1947— Cattle sold .. .. .. .. 2,135 9 3 3,897 sheep .. .. 2,733 8 0 Skins and hides sold .. .. .. 22 18 10 438 cattle .. .. 1,531 0 0 Meat sold .. .. .. .. 9 2 8 22 horses .. .. 107 0 0 Maize sold .. . . .. .. 120 0 0 4,371 8 0 Live-stock at 30th June, 1947— 2,776 sheep .. .. 2,083 16 0 9,281 8 8 323 cattle .. .. 1,156 10 0 Plant and furniture at 30th June, 1947 .. 625 8 6 8 horses .. .. 64 0 0 9,906 17 2 3,304 6 0 Balance at debit at 30th June, 1947 .. .. £25,670 6 3 10,227 11 3 — l ■ Plant at 30th June, 1947 .. .. 424 8 9 10,652 0 0 Balance at debit at 30th June, 1947 .. .. .. £11,983 2 4 PAREMATA 73 AND 73a __ Debits £ s. d. Balance at debit at 30th June, 1946 .. .. .. 586 12 8 £ s. d. Cost of ploughing, seed, &c. .. .. 252 3 5 Interest 23 9 7 MANGAHEIA 2d 275 13 0 Credits £ s. d. ~ Balance at credit at 30th June, 1946 .. .. .. 10,366 1 4 obz 00. £ s. d. _ , . , Credits Rent received .. .. .. .. 565 9 0 Rent received .. .. .. .. .. 60 0 0 Interest . . .. .. .. 422 11 2 : QOQ rv o Balance at debit at 30th June, 1947 .. .. .. £BO2 5 8 ===== 11,354 1 6 Debits Donations .. .. .. .. 25 0 0 T. A A r-1 A Land-tax .. .. .. .. 38 9 10 PAREMATA 48 Plan of area _ _ _ _ 5 10 0 Credits £ s. d. Fire premium, McMillan's house .. .. 0 19 0 Rent received .. .. .. .. .. 56 18 6 Plantations on James's property .. . . 300 0 0 Rates on James's property .. .. 12 14 10 Debits Proportion cost repairs Tolaga Bay Meeting- £ s. d. house .. .. .. .. 7126 Distributions .. .. .. .. 36 1 0 Committee fees and expenses .. .. 9 15 0 Management and office expenses .. .. 2 16 11 Management and office expenses .. .. 28 5 6 3B 17 11 491 16 8 Balance at credit at 30th June, 1947 .. .. .. £lB 0 7 Balance at credit at 30th June, 1947 .. .. .. £10,862 4 10

21

Gr—3

EAST COAST NATIVE TRUST LANDS— continued Statement of Live-stock depastured on Stations as at 30th June, 1947

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Station. Sheep. Cattle. Horses. Total. Number. Value. Number. Value. Number. Value. Number. ' Value. £ s. d. £ s. d. £ s. d. £ s. d. Iwinui 2,776 2,083 16 0 32Sl 1,156 10 0 8 64 0 0 3,107 3,304 6 0 Kopua 3,755 2,657 10 0 52 1 1,797 10 0 18 117 0 0 4,300 4,572 0 0 Mahurangi 8,522 6,083 4 0 1,074 4,015 10 0 48 315 0 0 9,644 10,413 14 0 Mangaotane 3,520 2,422 10 0 530 2,648 10 0 29 244 0 0 4,079 5,315 0 0 Onenui 6,905 4,992 11 0 800 2,728 10 0 47 580 0 0 7,752 8,301 1 0 Patemaru 3,320 2,290 8 0 577 2,032 0 0 11 52 0 0 3,908 4,374 8 0 Papuni 6,868 4,654 0 0 1,081 3,831 0 0 57 315 0 0 8,006 8,800 0 0 Pakowhax 946 982 ' 9 0 111 479 0 0 3 30 0 0 1,060 1,491 9 0 Pohaturoa 3,897 2,733 8 0 438 1,531 0 0 22 107 0 0 4,357 4,371 8 0 Paroa — Flock 5,427 3,958 11 0 299 1,112 0 0 15 177 0 0 5,741 5,247 11 0 Stud 75 83 7 0 89 730 0 0 164 813 7 0 Paparatu 15,177 10,460 9 0 2,446 8,979 0 0 95 562 .0 0 17,718 20,001 9 0 Tukemokihi 15,260 10,890 0 0 2,222! 8,421 10 0 29 220 0 0 17,511 19,531 10 0 Titirangi 4,875 3,478 6 0 59$ 1,964 10 0 7 65 0 0 5,480 5,507 16 0 Waimaha 5,295 3,809 10 0 692 2,548 10 0 27 330 0 0 6,014 6,688 0 0 Wh aitiri 18$ 1,582 0 0 188 1,582 0 0 Tahora 2c 3*/2 148 736 0 0 148 736 0 0 Waipuna 2 j 003 1,478 18. .0 184 552 10 0 1 20 0 0 2,188 2,051 8 0 88,621 63, 0*58 17 0 12,32^ 46,845 10 0 417 3,198 0 0' 101,365 113,102 7 0

'G-^3

EAST COAST NATIVE TRUST LANDS—continued Siatement of Accounts as at 30th J-uke, 1947- —continued MANGAPOIKE 2a 3 AND 2d JOINT VENTURE MILL ACCOUNT Debits £ s. d. £ s, .d. Mill buildings .. .. .. .. .. .. 438 15 0 £ s. d. Mill-plant .. .. .. .. .. 3,100 15 2 Mill transport plant .. .. .. .. 8,636 10 5 11,737 5 7 Mill-manager's house .. .. .. .. .. .. 600 0 0 12,776 0 7 Mill working .. .. .. .. .. .. .. 25,315 19 0 Mangapoike 2a 3 Timber Account: Logging and "transport .. .. 10,084 15 5 Mangapoike 2d Timber Account: Logging and transport .. .. 8 ,379 15 10 Depreciation .. .. .. .. .. .. .. 5,911 6 2 49,69*1 16 5 •62„467 Iff 0 Credits Timber sold .. .. .. .. .. .. .. 45,529 5 8 Timber on 'band .. .. .. • .. .. 1, 010 0 "5 46,589 6 1 Balance at debit at 30th June, 1947 .. ... ... .. .. £15i,928 rlO II MANGAPOIKE MILL : LAWS BUSH ACCOUNT Credits £ s. d. Timber sold .. .. .. .. .. .. .. .. ... 3 2 Interest .. .. .. .. .. .. .. .. .. 57 4 10 '6,591 8 0 •Debits £ -s. d. 3*urchase-price of bush .. .. .. .. .. &75 0 0 Construction of road gates and bridges .. .. .. .. 442 14 2 Cartage .. .. .. ... .. .. .. 28 5 10 Telling and delivering logs to mill .. .. .. .. 1,922 6 3 Milling charge .. .. .. .. .. .. 1,514 0 5 Cartage, &c.,.sawn timber .. .. .. .. .. 326 13 4 Legal expenses ... .. .. .. .. .. 770 Transfer to mill working .. .. .. .. .. 1,675 i 0 6,591 8 0 UNADJUSTED EXPENDITURE : OLIVER PLOUGH ACCOUNT ■Debits £ s. d. Balance-at debit : at 30th June, 1946 .. .. .. .. .. .. 1,737 7 4 £ 'S. d. Wages .. .. .. .. .. .. .. .128 4 0 Benzine, oil, &c. .. .. .. .. .. .. 193 6 4 Repairs and running-expenses .. .. .. .. .. 477 7 >8 Insurance .. .. .. .. .. .. .. 716 4 Interest .. .. .. .. .. .. 82 9 5 BB9 3 9 •2,626 11 1 Credits Amounts collected for ploughing, &c. .. .. .. ... 286 2 0 Sale of truck .. .. .. .. .. .. 272 0 0 Sale of plant .. .. .. . . .. .. 16 10 0 574 12 0 Balance at de"bit at 30th June, 1947 .. .. .. .. .. .. £2,051 19 1

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G—3

13th November, 1947. The Right Hon. the Minister for Native Affairs, Wellington. Sir, — We report that we have completed the audit of the accounts of the East Coast Native Trust Lands for the year ended 30th June, 1947, and attach a set of the accounts. We have the following comments to make : Freehold Property.—We have not inspected the title deeds relative to the properties of the Trust, but have accepted certificates from the mortgagees —namely, the State Advances Corporation—that they are holding certain documents as security for advances. The solicitors to the Trust and the Bank of New South Wales, Gisborne, have certified that they are holding on behalf of the East Coast Commissioner the documents relating to the properties of the Trust which are not subject to mortgage. The value of the freehold property has been increased by £27,034 2s. Bd. by the purchase of Maraetaha 2a, Sections 2 and 3, from the estate of J. Nolan, having an area of 5,029 acres 2 roods 17 perches. The estate of J. Nolan farmed an area consisting of a portion of Mangapoike A and Maraetaha 2a, Sections 2 and 3. When the lease of Mangapoike A expired, it became necessary to acquire the above property as all the farm buildings were situated thereon and there were no buildings on Mangapoike A. Live-stock.—We have accepted the numbers and values of live-stock on stations as at 30th June, 1947, as certified by the farm-managers and Mr. H. Syme, the Farm Supervisor. Station Improvements.—We refer you to the remarks contained in our report of the 16th October, 1945, wherein we stated that we were of the opinion that a valuation of the improvements on all stations should be made as early as possible and the necessary adjustment recorded in the accounts so that the stations will be on a uniform basis in this direction. We understand that this matter is receiving the attention of the East Coast Commissioner. Distributions.—We have verified all payments in connection with the following distributions made to beneficiaries during the year ended 30th June, 1947 : £ s. d. Mangapoike A .. .. .. .. .. 2,604 5 2 Mangapoike 2d .. .. .. .. .. 904 11 7 Mangapoike 2e .. .. .. .. .. 230 0 0 Tahora 2f 2 .. ... .. .. .. 1,400 3 3 Tahora 2c 1, Section 3 .. .. .. .. 1,222 1 2 Tahora 2c 2, Section 2 .. .. .. .. 453 18 8 Paremata 64, No. 2 Account .. .. .. 793 6 8 Paremata 48 .. .. .. .. 36 1 0 Whaitiri No. 2 .. .. .. .. .. 213 0 0 Paremata 3 .. .. .. .. .. 306 0 0 Mangapoike 2b .. .. .. .. .. 1,200 0 0 Tawapata South No 1 .. .. .. .. 1,629 7 6 £10,992 15 0 # In addition to the above distributions, the following sums hav6 also been charged against the blocks concerned : £ s. d. Donations .. .. .. .. .. 1,385 7 11 Committee fees and expenses .. .. .. 123 10 8

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Special Reserve (£4,931 lis. 3d.). —We have commented on the Special Reserve Account in our reports of 2nd November, 1944, 16th October, 1945, and 17th March, 1947. The position of the account at the 30th June, 1947, is as follows : Mangaotane Station- — £ s. d. Amount transferred to Special Reserve, 30th June, 1944 .. 2,926 4 4 Amount transferred to Special Reserve, 30th June, 1945 .. 2,481 6 9 Adjustment on account of Court order transferred to Special Reserve .. .. .. .. .. 60 11 0 Amount transferred to Special Reserve, 30th June, 1947 .. 1,883 16 5 7,351 18 6 Amount transferred from Special Reserve, 30th June, 1946 2,420 7 3 As per Balance-sheet, 30th June, 1947 .. .. £4,931 11 3 We again express the opinion that, in view of the involved circumstances surrounding the reversion to the East Coast Commissioner of Mangatu Nos. 5 and 6, the appropriations referred to above should be considered by you so that if you see fit your approval, and any other consents which may be required by law, may be obtained. Additional Accounts.—Attached to the accounts for the current year are the following additional stations : Mangapoike A— Paparatu Station. Tukemokihi Station. Mangaheia 2d : Waipuna Station. Paparatu Station : On a perusal of this account it will be noticed that a considerable sum has been expended in the purchase of sheep and cattle to stock the property. In view of the standard values obtaining in the Trust, as compared with the market price, the amount involved in writing down the live-stock to standard values is considerable. Tukemokihi Station : The same remarks apply to this station as those for Paparatu, and the amount involved in writing down the live-stock to standard values is also considerable. Waipuna Station : The debit balance is mainly accounted for by the adjustment of the cost of sheep and cattle purchased to standard values. Statement showing the Position of the various Blocks. Tahora Suspense (£5,799 Bs. 4d.) : This represents the amount expended in connection with Hutchinson's lease, which reverted to the Trust just prior to the end of the financial year, and includes compensation paid of £4,849 6s. 4d. Marewa Station (£52 10s. 2d.) : This station also recently reverted to the Trust. Muriwai Accounts : The position of these accounts at the 30th June, 1947, is as follows : £ s. d. Muriwai Cemetery .. .. .. .. 320 2 1 Muriwai Boat Account .. .. .. .. 74 14 7 Muriwai Dining-hall .. .. .. .. 2,695 14 10 Muriwai Meeting-house .. .. .. .. 159 2 4 In our opinion, the amounts involved should be transferred to the Maraetaha and Pakowhai Blocks, on whose account the expenditure has been incurred.

25

a—a

A similar procedure should, in out opinion, be adopted 1 in connection with the transfer to the blocks concerned of' the — £' s. d. Tolaga Bay Marae Account .. .. .. 618, 19 3, Tolaga Bay potato crop, .. .. .. .. 7.8- 11 3 Subject to the foregoing remarks, we certify that, to the best of our knowledge and belief, the accounts signed by us are correct. We ha\te, &e., Clarke, Menzies, and Co., Public Accountants, Auditors.

Approximate Cost of Paper. - Preparation, not given ; printing (618 copies); £5O;

By Authority: E. V. Pa-Hli, Government Priater, Wellington. —1947. Price 9d.]

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