G. 3

1931. NEW ZEALAND.

EAST COAST NATIVE TRUST LANDS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE PERIOD 1st JULY, 1930, TO 30th JUNE, 1931.

Presented to both Houses of the General Assembly in pursuance of Section 13 of the East Coast Native Trust Lands Act, 1902.

EAST COAST NATIVE TRUSTS LAND.—ACCOUNTS AS AT 30th JUNE, 1931. Balance-sheet as at 30th June, 1931. Liabilities. Assets. Public Trustee — £ s. d. £ s. d. £ s. d. Mortgages .. .. 73,880 12 6 Freehold lands .. .. .. 363,413 15 4 Interest accrued .. 1,340 411 Unpaid purchase-money on sale of freehold 4,836 15 0 75,220 17 5 Interest accrued on value of fencing MaraeBank of Australasia — taha 2, Sections 3 and 6 .. .. 5 6 6 Current Account .. 26,906 16 7 Mangatu No. 1 .. .. .. 20,289 17 7 Interest accrued .. 399 19 9 Produce unrealized .. .. .. 8,213 2 5 27,306 16 4 Live-stock on stations.. .. .. 46,136 7 0 Tairawhiti District Maori Advances to Natives on account rent, Land Board — farm profits, &c. .. .. .. 6,064 10 9 Current Account .. 10,517 1 9 Sundry debtors on open ac- £ s. d. Interest accrued .. 101 7 2 count.. .. .. 2,697 7 4 .10,618 811 Rent due and accrued .. 7,046 1 11 Rates accrfied .. .. .. 1,860 6 10 9,743 9 3 Sundry creditors on open account .. 644 9 8 Advances to blocks on Amount due to Natives on account rent, account rent, &c. .. .. 739 2 1 purchase-money, &c. .. .. 531 0 10 Investments— Rent due and accrued.. .. .. 7,046 111 Gisborne Sheep-farmers' Amount at credit of blocks on account Frozen Meat and Mer-purchase-money, &e. .. .. 10,638 6 7 eantile Co., Ltd., shares 1,458 0 0 Bad Debt Reserve .. .. .. 8,979 710 Wairoa Farmers' CoBalance .. .. .. .. 323,508 18 2 operative Co., Ltd. .. 1,125 0 0 Williams and Kettle, Ltd. 262 10 0 2,845 10 0 Office furniture and fittings .. 80 0 0 Travelling-plant .. .. .. 100 0 0 Afforestation Account .. .. 250 0 2 Dairy Account ~ .. 530 18 5 Dairy live-stock .. .. 1,106 0 0 1,636 18 5 £466,354 14 6 £466,354 14 6 Auditor's Certificate. I have audited the accounts of the East Coast Native Trust lands for the year ended 30th June, 1931, and my report on the audit of the accounts is contained in mv letter of even date to the Hon. the Minister of Native Affairs. Wellington, N.Z., 27th October, 1931. D. R. Menzies, Chartered Accountant (Aust.), Auditor.