B—l [Pt. IV]

/ Balance-sheet as at 31st March, 1948 Liabilities Assets £ Special funds— £ Cash with Maori Trustee .. .. .. .. .. 61,887 Carnegie Corporation grant for Maori arts and crafts .. 342 Publications for sale .. .. .. .. .. 1,205 Ngati-Kahungunu Trust .. .. .. .. 85 Publication Account : " Mystery of the Moa" .. .. 222 Ruatoki Carved Meetinghouse . . .. .. .. 41 Pingao for sale .. .. .. .. ~ .. 5 Publication Account: "Native Custom" . . .. .. 17 Library . . .. .. .. .. , . . . 322 Unpaid grants .. .. .. .. .. .. 250 Furniture, fittings, &c. . . .. .. . . .. 76 Sundry creditors . . .. . . .. .. .. 3 Sundry debtors .. .. .. .. .. .. 81 Accumulated Fund— £ Balance, Ist April, 1947.. . . .. .. 62,348 Add excess of income over expenditure, 1947-48 .. 712 t 63,060 £63,798 £63,798 G. P. Shepherd, Maori Trustee. M. J. Lawless, A.R.A.N.Z., Chief Accountant. J. McEwen, Secretary to the Board. I hereby certify that the Statement of Receipts and Payments, Income and Expenditure Account, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—J. P. Rutherford, Controller and Auditor-General.

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