G—4

MANGrATTJ Nos. 3 AND 4 Balance-sheet as at 30th June, 1946 Liabilities Assets £ s. d. Freehold property— Capital Account .. .. 29,640 0 0 £ s, d. £ s. d. £ s. d. Mangatu No. 3 21,640 0 0 Revenue Account 6,777 16 5 Mangatu No. 4 8,000 0 0 Less balance .. 604 0 7 29,640 0 0 6,173 15 10 Mangatu No. 1 .. .. 5,054 0 3 Improvements— Fencing .. 577 18 7 Survey .. 541 17 0 1,119 15 7 £35,813 15 10 £35,813 15 10 Auditors' Certificate We have audited the accounts of the Mangatu Blocks 3 and 4, East Coast Native Trust Lands, for the year ended 30th June, 1946, 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, and Co., Wellington, N.Z., 17th March, 1947. Public Accountants, Auditors. Income Account as at 30th June, 1946 £ s. d. £ s. d. £ s. d. £ s, d. Distributions .. 1,840 0 0 Rent received .. 1,239 18 9 Rates .. .. 105 11 1 Interest .. 183 11 8 Legal expenses re 1,423 10 5 Committees .. 20 0 0 Balance .. .. .. 604 0 7 Management and office expenses 61 19 11 2,027 11 0 £2,027 11 0 £2,027 11 0

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