'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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