C.—2a.

NEW ZEALAND STATE COAL-MINES— continued. Balance-sheet as at 31st Makch, 1936. Liabilities. Assets. Loan capital— £ s. d. £ s. d. Collieries. £s. d. £ s. d. Loans at 3J per cent. .. .. .. .. .. 416 13 4 Development and property accounts .. .. .. .. 95,074 12 5 Loans at 4 per cent. .. .. .. .. .. 86,826 13 4 Electrical Plant Account (James Colliery) .. .. .. 3,292 14 6 87,243 6 8 Machinery, plant, ropes, and rolling-stock .. .. .. 27,639 4 7 Accrued interest on capital loan .. .. .. .. .. 393 12 1 Buildings at mines .. .. .. .. .. .. 6,164 17 1 Departmental. Sundry. Cottages at mines . . . . . . . . . . . ■ 3,596 12 11 Sundry creditors— £ s. d. £ s. d. Plantations at mines .. .. .. .. .. 1,287 13 3 Liverpool Colliery .. .. 895 5 5 6,026 19 1 6,922 4 6 Coal stocks (bins, wharf, and afloat) .. .. . , .. 2,545 11 6 James Colliery .. .. .. 288 2 10 4,866 15 11 5,154 18 9 Stores on hand .. .. .. .. .. 9,121 16 6 Mac Donald Colliery ...... 265 16 0 265 16 0 Wellington Depot .. .. 25 14 5 685 6 7 711 1 0 148,723 2 9 Christchurch Depot .. .. 1,995 3 4 351 10 3 2,346 13 7 Less provisionally written ofl: .. .. .. .. 83 16 1 148,639 6 8 3,204 6 0 12,196 7 10 15,400 13 10 Plant, equipment, &c., on hire .. .. .. .. .. 719 14 4 Deposits on contracts .. .. .. .. .. . • 1,100 0 0 Depots— Sinking Fund .. .. .. .. .. .. .. 8,821 8 4 Property Accounts .. .. .. .. .. .. 8,806 16 11 Reserves— Stocks and stores on hand .. .. .. .. .. 5,215 5 5 General Reserve .. .. .. .. .. .. 182,194 18 11 Bad Debts Reserve .. .. .. .. .. 883 10 1 14,022 2 4 Accident Insurance Reserve .. .. .. .. .. 7,209 5 8 Less provisionally written off .. .. .. .. 765 4 5 190,287 14 8 13,256 17 11 General Profit and Loss Account— Prospecting on State Coal Reserve .. .. .. .- .. 9,907158 Net surplus for year .. .. .. .. .. .. 1,363 6 10 Sinking Fund investments .. .. .. .. .. .. 8,821 8 4 Housing advances to w r orkmen .. .. .. .. 7,477165 Interest accrued due .. .. 11l 8 1 _ 7,589 4 6 Investments (ordinary) .. .. .. .. .. 62,800 0 0 Interest accrued due .. .. .. .. .. 276 14 7 Departmental. Sundry. 63,076 14 7 Sundry debtors— £ s. d. £ s. d. Liverpool Colliery .. .. 197 5 8 3,757 1 2 3,954 6 10 James Colliery .. . . .. 11 18 1 21 7 2 33 5 3 Mac Donald Colliery .. .. .. 1,342 17 9 1,342 17 9 Wellington Depot .. .. 435 14 6 30,267 2 0 30,702 16 6 Christchurch Depot .. .. 89 11 9 2,475 18 5 2,565 10 2 734 10 0 37,864 6 6 38,598 16 6 Less provisionally written off .. .. .. .. 171168 — 38,426 19 10 Cash in Receiver-General's Deposit Account .. .. .. .. 1,100 0 0 Cash in Public Account .. .. .. .. .. 12,311 7 3 London Imprests outstanding.. .. .. .. .. 760 13 4 : 13,072 0 7 £304,610 2 5 £304,610 2 5 State Coal-mines Office, Wellington, C. 1. A. W. Gyles, A.R.A.N.Z., Accountant. P. C. Webb, Minister of Mines. I hereby certify that the attached Working and Profit and Loss Accounts of Depots and Colleries, 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.

10