Balance-sheet of the New Zealand State Coal-mines. Statement of Liabilities and Assets at 31st March, 1904. Liabilities. £ s. d. £ s. d. Assets. £ s. d. £ s. d.. Debenture loan .. .. .. .. 107,000 0 0 Point Elizabeth Colliery and Development Property Aooount— Sundry creditors .. .. .. .. 1,508 9 10 Cost at 31st March, 1903 .. .. .. .. .. .. 4,024 12 3 Accrued interest .. .. .. .. 1,658 8 5 Additional expenditure during the year .. .. .. .. 12,883 13 3 110,166 18 3 16,908 5 6 Maohinery, plant, ropes, and rolling-stock .. .. £10,147 12 0 Buildings .. ..' .. .. .. .. 1,146 0 0 Cottages .. .. .. .. .. .. 300 0 0 Stores (stock on hand) .. .. .. .. 288 111 11,881 13 11 28,789 19 5 Point Elizabeth Railway Property Account— Cost at 31st March, 1903 .. .. .. .. .. .. 27,901 8 0 Additional expenditure during the year .. .. .. .. 25,084 16 8 52,986 4 8 Seddonville Colliery and Development Property Account— Cost at 31st March, 1903 .. .. .. '.... .. 7,497 9 9 Additional expenditure during the year .. .. .. 1,796 36 Ot 9,293 13 3 Maohinery, plant, ropes, and rolling-stook .. .. £13,698 8 8 Buildings .. .. .. .. .. .. 590 0 0 Cottages .. .. .. .. .. .. 360 0 0 Stores (stock on hand) .. .. .. .. 213 1 5 Coal (stook on hand at mine) .. £206 5 0 Coal (stock on hand at wharf) .. 15 2 6 221 7 6 15,082 17 7 24,376 10 10 Greymouth office furniture .. .. .. .. .. .. .. 70 9 3 Sundry debtors .. .. .. .. .. .. .. .. .. 1,723 1 3 Cash in hand and in bank at 31st Maroh, 1904 .. .. .. .. 4,032 17 9 Less vouchers passed (outstanding) .. .. .. .. .. 2,694 11 0 1,338 6 9 General Profit and Loss Acoount .. .. .. .. .. .. .. 882 6 1 £110,166 18 3 £110,166 18 3 a I: CO