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MANGATU Nos. 3 and 4. Balance-shket as at 30th June, 1940. Liabilities. £ s. d. Assets. Mangatu No. 1 .. .. .. .. 3,864 1 2 Freehold properties—• £ s. d. £ s. d. Capital Account .. .. .. .. 39,640 0 0 Mangatu No. 3 .. .. 21,640 0 0 Mangatu No. 4 .. .. 18,000 0 0 39,640 0 0 Improvements— £ s. d. Fencing .. .. 577 IS 7 Survey .. .. 541 17 0 1.119 15 7 Revenue Account .. 2,232 9 0 Add balance, Income Account .. 511 16 7 2,744 5 7 3,864 1 2 £43,504 1 2 £43,504 1 2 Auditors' Certificate. We have audited the accounts of Mangatu Nos. 3 and 4 Blocks, East Coast Native Trust Lands, for the year ended 30th June, 1940, 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. Clarke, Menzies, Griffin, and Co., Public Accountants, Auditors. Wellington, 30th September, 1940. Income Account as at 30th June, 1940. £ s. d. £ s. d. Interest .. .. .. .. .. 136 0 9 Rent collected .. .. .. .. 706 II 2 Distribution .. .. .. .. .. 920 0 0 Balance .. .. .. .. .. 511 16 7 Land-tax .. .. .. .. .. 7 16 8 Rates .. .. .. .. .. 94 3 9 Management .. .. .. .. .. 60 6 7 £1,218 7 9 £1,218 7 9 MANGATU No. 3. Statement of Accounts for the Year ended 30th June, 1940. £ s. d. Balance at credit at 30th June, 1939 .. .. 10,419 3 4 Credits. £ s. d. Rent received .. .. .. 706 11 2 Interest .. .. .. .. 485 16 1 1,192 7 3 11,611 10 7 Debits. Distribution . . .. .. 920 0 0 Land-tax . . .. .. .. 7 16 8 Management and office expenses .. 35 6 7 963 3 3 Balance at credit at 30th June, 1940 .. .. £10,648 7 4 MANGATU No. 4. Statement of Accounts for the Year ended 30th June, 1940. £ s. d. Balance at debit at 30th June, 1939 .. .. 13,771 7 11 Debits. £ s. d. Rates .. .. .. .. 94 3 9 Interest .. .. .. .. 621 16 10 Management and office expenses .. 25 0 0 741 0 7 Balance at debit at 30th June, 1940 .. .. £14,512 8 6

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