G.- 3.

1935. NE W ZE A L A N I).

EAST COAST NATIVE TRUST LANDS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE PERIOD 1st JULY, 1934, TO 30th JUNE, 1935.

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

EAST COAST NATIVE TRUST LANDS. Balance-sheet as at 30th June, 1935. Liabilities. £ s. d. Assets. £ s. d. Public Trustee: Mortgages .. .. .. 73,880 12 6 Freehold lands .. .. .. .. 365,413 15 4 Bank of Australasia — £ s. d. Mangatu No. I . . . . . . . . 13,457 8 9 Current Account .. .. 10,650 14 10 Produce unrealized .. .. .. 1,093 12 5 Interest accrued .. . . 42 9 9 Live-stock on stations .. .. .. 57,608 0 0 10,693 4 7 Advances to Natives on account rent, farm profits, Tairawhiti District Maori Land &c. .. .. .. .. .. 7,625 8 7 Board — £ s. d. Current Account .. .. 8,000 0 0 Sundry debtors on open account 13,946 15 9 Interest accrued .. .. 80 0 0 Rent due and accrued .. 4,658 14 10 8,080 0 0 18,605 10 7 Rates accrued .. .. .. . . 736 8 3 Investments — Sundry creditors on open account .. .. 2,144 8 3 Gisborne Sheep-farmers' Frozen Amount due to Natives on account purchase- Meat and Mercantile Co., money, rent, &c. . . .. ■. .. 1,070 111 Ltd., shares . . . . 1,458 0 0 Rent due and accrued .. .. .. 4,658 14 10 Wairoa Farmers' Co-operative Amount at credit of blocks on account purchase- Co., Ltd. . . . . 675 0 0 money, &o. . . .. .. .. 7,322 2 5 Williams and Kettle. Ltd. . . 262 10 0 Bad Debt Reserve .. .. .. .. 22,910 3 5 G. H. Scales .. .. 15 0 Balance .. .. .. .. •• 340,844 1# 6 2,396 15 0 Office furniture and fittings . . . . .. 56 0 0 Travelling-plant .. .. . . .. 300 0 0 Wool unrealized .. .. .. .. 5,318 15 6 Pohaturoa Post Suspense Account . . . . 465 8 6 £472,340 14 8 £472,340 14 8 Auditors' Certificate. We have audited the accounts of the East Coast Native Trust Lands for the year ended 30th June, 1935, and our report on the audit of the accounts is contained in letter of even date to the Hon. the Minister of Native Affairs. Clarke, Menzies, Griffin, and Ross, Public Accountants, Auditors. Wellington, 2nd October, 1935.