11

C. —2A,

Table showing the Position of the State Coal-mines Account from Inception to 31st March, 1927.

Tut'ii r'initnl I Total Amount oi Fixed Assets ; ] J Liabilities Name of Works. J ...,,,,,,,1;,' , j Depreciation I as per j Net Profits. | Net Losses. i as per 1 I written ofl. jBalance-sheet, 1927.; j j Balance-sheet, 1927. £ s. d. £ s. d. £ s. d. I £ s. d. £ s. d. £ s. d. Point Elizabeth Colliery .. 98,210 9 0 Less sales and loss by fire .. 2,291. 0 11 95,919 2 1 95.919 2 1 .. 145,555 16 11 Liverpool Colliery .. .. 285,048 13 9 j Less sales and loss by fire .. 780 0 0 284,268 13 9 175,740 1 4 j 108,528 12 5 53,941 5 11 .. 11,618 15 4 Seddonville Colliery .. 38,243 2 5 Less sales .. .. 548 17 0 37,694 5 5 37,694 5 3 .. .. 37,896 15 10) Briquette-works property .. 16,135 2 6 Less sales of plant .. 2,066 5 0 14,068 17 6: 14,068 17 6 .. .. 22,660 18 10 I | Prospecting on State Coal 398 8 10 .. 398 8 10 .. .. ! Reserve Plant, buildings, &e., on hire.. 4,453 16 0 349 14 6 4,104 1 6 13 12 1 ™ ! i 'Charming Creek prospecting .. 5,956 18 6 5,956 18 6 .. .. 5,954 11 8 James Colliery .. .. 53,844 1 1 14,951 111 38,892 19 2 .. 5,071 17 2 4,042 13 9 MacDonald Colliery .. 83.244 5 10 2,859 11 4 80,384 14 6 .. 2,859 11 4 Wellington Depot property .. 16,391 19 2 Less sales .. .. 443 2 8 15,948 16 8 6,359 4 10 9,589 11 10 .. 6,098 15 2 582 10 7 Christchurch Depot property 10,186 2 9 Less sales a.nd loss on horses 238 5 0 9,947 17 9 6,420 13 9 ; 3,527 4 0 7,358 2 4 .. 4,693 4 3 Wanganui Depot property .. 3.692 2 7 Less sales and loss on horses 167 4 5 3,524 18 2 2,350 7 5 1,174 10 9 .. 331 2 0 239 8 8 Dunedin Depot property .. 2,023 3 7 Less sale of plant .. 641 10 0 1,381 13 7 1,381 13 7 .. .. 4,248 3 5 Hulks property ., .. 4,033 15 5 Less sales .. .. 1,948 17 0 2,084 18 5 2,08-1 18 5 .. 1,786 12 11 •Office furniture .. .. 189 13 9 Less sales .... 17 5 0 | 172 8 9 172 8 9 .. .. 172 8 9 Grand total .. 622,051 15 2 Less'losses and sales 9,142 12 10 612,909 2 4 366,308 19 4 246,600 3 0 Interest on investments .. .. .. .. 8,956 18 3 Discounts .. .. .. . . .. .. 13 2 9 ■Cash lost (highway robbery) .. .. .. .. .. 89 0 I Totals, profit and loss .. .. .. .. 217,625 11 2 85,383 4 3 Balance, profits over losses .. .. .. .. .. 132,242 6 11 Stocks on hand less provision- .. 23,149 5 5 ally written off Investments (ordinary) .. .. .. 24,300 0 0 Interest on investments accrued .. .. 276 11 6 ■■ •• j Sinking Fund investments .. .. .. 55,105 6 10 -• ' Preliminary expenses .. .. .. 1,103 8 6 Sundry debtors .. .. .. .. 33,202 4 3 Cash on hand .. .. .. .. 10,565 19 6 Housing advances to workmen .. .. 148 16 5 and accrued interest