a—2a.

NEW ZEALAND STATE COAL-MINES— continued. Balance-sheet as at 31st March, 1931. Liabilities. Assets. Loan capita] — £ e. d. £ s. d. ; Collieries— £ s . d. £ s. d. Securities at 34 per cent. .. .. .. •• •• 416 13 4 Development and Property Accounts .. .. .. 171,991 7 1 Securities at 4"per cent. .. .. .. •• ■■ 148.966 13 4 Machinery, plant, ropes, and rolling-stock .. .. .. 38,926 7 5 149,383 6 8 Electrical plant (James Colliery) .. .. .. .. 5,006 10 10 Accrued interest on loan capital .. .. ■• •• ■■ 2,261 19 2 Buildings at mines .. .. .. .. .. e'lOl 8 2 Cottages at mines .. . ; .. .. .. 6,259 8 8 Departmental. Sundry. Plantations at mines .. .. .. .. .. 2', 506 3 1 Sundry creditors— £ s. d. £ s. d. Coal stocks (bins, wharf, and afloat) .. .. .. 1628 4 11 Liverpool Colliery .. ..2,178 110 9,064 16 2 11,242 18 0 Stores on hand .. ' 8 734 10 9 James Colliery .. .. 298 6 8 5,437 4 5 5,73511 1 '_ -241,164 011 Wellington Depot .. .. 71 7 7 693 14 10 765 2 5 Plant, equipment, &c, on hire . " 2'845 10 8 Christchureh Depot .. ..2,92116 3 113 4 9 3,035 1 0 Depots— Wanganui Depot .. .. .. 91 1 0 65 5 0 156 6 0 Property Accounts .. .. .. .. .. 13,936 7 0 ! Stocks and stores on hand .. .. .. .. 33,532 11 4 5,580 13 4 15,374 5 2 20,934 18 6 j 47,468 18 4 Deposits on contracts .. .. .. .. .. .. 1,140 0 0 Prospecting on State Coal Reserve .. .. .. .. .. 6 1 Sinking Fund .. .. .. .. .. .. .. 7,738 13 0 Sinking Fund investments .. .. .. .. .. .. 7,738 13 0 Reserves— Housing advances to workmen .. .. .. .. 9,269 3 6 General Reserve .. .. .. .. .. •■ 190,675 4 2 Interest accrued due .. .. .. .. .. 155 2 4 Bad Debts Reserve .. .. .. ■. ■. 761 6 5 g 5 10 Accident Insurance Reserve .. .. .. .. 6,742 8 5 Investments (ordinary) .. .. .. .. .. 39,300 0 0 198,178 19 0 Interest accrued due .. .. .. .. .. 352 12 6 General Profit and Loss Account— 39 gg2 12 6 Net profit for year .. .. .. . • .. .. 362 17 0 j Departmental. Sundry. Sundry debtors— £ s. d. £ g. d. Liverpool Colliery .. .. 152 3 11 4,772 17 4 4,925 1 3 James Colliery .. .. .. .. 134 14 5 134 14 5 Mac Donald Colliery .. .. .. 472 13 4 472 13 4 Wellington Depot * .. .. 580 3 8 14,232 15 8 14,812 19 4 Christchureh Depot .. .. 8 5 0 4,255 14 4 4,263 19 4 Wanganui Depot .. .. .. 233 19 0 3,052 9 4 3,286 8 4 974 11 7 26,921 4 5 27,895 16 0 Less provisionally written off .. .. .. .. 106 18 8 27,788 17 4 Cash in Receiver-General's Deposit Account .. .. .. .. 1, 140 0 0 Cash in Public Account .. .. .. .. .. 1,502 19 4 Imprests outstanding .. .. .. .. .. 794 1,510 8 8 £380,000 13 4 • £380,000 13 4 State Coal-mines Office, Wellington, 3rd July, 1931. A. J. Murdoch, A. W. Gyles, A.1.A.N.Z., Accountant. Minister of Mines. I hereby certify that the attached Working and Profit and Loss Accounts of Depots and Collieries, General Profit and Loss 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.— G. F. C. Campbell, Controller and Auditor-General.

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