G.—3.

1936. NEW ZEALAND.

EAST COAST NATIVE TRUST LANDS. BALANCE-SHEET AND STATEMENT OF ACCOUNTS FOR THE PERIOD 1st JULY, 1935, TO 30th JUNE, 1936.

Presented to both Houses of the General Assembly in pursuance of Section 40 of the Native Purposes Act, 7931

EAST COAST NATIVE TRUST LANDS. Balance-sheet as at 30th June, 1936. Liabilities. £ s. d. Assets. £ s. d. Public Trustee : Mortgages .. .. .. 68,200 0 0 Freehold lands .. .. .. .. 365,413 15 4 £ s. d. Mangatu No. 1 .. .. .. 2,007 2 0 Bank of New South Wales .. 10,617 2 4 Office premises (building section) . . .. 587 15 0 Interest accrued .. .. 26 0 5 Produce unrealized ... .. .. .. 1,241 4 5 10,643 2 9 Live-stock on stations .. .. .. 64,841 0 0 Tairawhiti District Maori Land Advances to Natives on account rent, farm profits, Board— &c. .. .. .. • • • • 7.837 9 11 Current Account .. .. 8,000 0 0 £ s. d. Interest accrued .. .. 80 0 0 Sundry debtors on open account 6,746 3 11 — 8,080 0 0 Rent due and accrued . . 4,423 4 10 Rates accrued .. .. .. .. 890 510 -— - 11.169 S 9 Sundry creditors on open account .. .. 4,435 19 2 Post Office Savings Account, Carroll Memorial: Amount due to Natives on account purchase- Interest accrued .. .. .. .. 8 15 (I money, rents, &c. .. .. ■■ 815 9 9 Post Office savings-bank .. 2,000 0 0 Rent due and accrued •• •• 4,423 410 Interest accrued .. .. 815 0 Amount at credit of blocks on account purchase- — 2,008 15 0 money, rents, &e. .. •• 8,802 5 3 Inscribed stock .. .. 6,520 19 9 Carroll Memorial . . .. • ■ ■ • 983 15 0 Interest accrued .. . . 19 13 9 Bad Debt Reserve 21,389 15 4 - 6,540 13 6 Balance .. .. •• •• 338,414 8 10 Investments — Gisborne Sheep - farmers' Frozen Meat and Mercantile Co., Ltd., shares .. 1,458 0 0 Williams and Kettle, Ltd. . . 262 10 0 6. H. Scales .. .. 15 0 ; 1,721 15 0 Office furniture and fittings.. .. .. 73 0 0 Travelling-plant .. .. .. .. 425 0 0 Wool unrealized .. .. .. .. 1,950 12 7 Poha.turoa Posts Suspense Account .. .. 1,251 19 9 £467,078 6 9 : £467,078 6 9 Auditors' Certificate. We have audited the accounts of the East Coast Native Trust Lands for the year ended 30th June, 1936, 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, Wellington, 23rd October, 1936. Public Accountants, Auditors. I —G. 3.