C.—2a.

NEW ZEALAND STATE COAL-MINES—continued. Table showing the Position of the State Coal-mines Account from Inception to 31st March, 1937.

11

Total Capital Total Amount of Assets as per Liabilities as per Name of Works. Expenditure Depreciation Balance-sheet, 31st Net Profits. Net Losses. Balance-sheet, 31st written off. March, 1937. March, 1937. * £ s. d. £ a. d. £ s. d. £ s. d. £ s. d. £ g. d. Point Elizabeth Colliery .. 98,210 9 0 Less sales and loss by fire .. 2,291 6 11 95,919 2 1 95,919 2 1 .. 147,583 4 11 Liverpool Colliery .. .. 328,152 15 6 Less sales, transfers, &c. .. 8,765 4 8 319,387 10 10 249,076 6 11 70,311 3 11 53,438 0 0 .. 17,327 14 8 Seddonville Colliery .. 38,243 2 5 Less sales .. .. 548 17 0 37,694 5 5 37,694 5 5 .. .. 37,059 16 9 Briquette-works property .. 16,135 2 6 Less sales .. .. 2,066 5 0 14,068 17 6 14,068 17 6 .. .. 22,660 18 10 Prospecting on State Coal 11,174 12 0 Reserve Less transfers .. .. 10,785 8 0 389 4 0 389 4 0 i Development of New Mine — 24,457 14 7 .. 24,457 14 7 .. .. 469 10 4 Nine-mile Area Plant, buildings, &c., on hire.. 6,863 16 3 [ Less sales, transfers, &c. .. 3,467 9 4 3,396 6 11 2,908 12 8 487 14 3 192 4 1 Charming Creek prospecting .. 5,956 18 6 5,956 18 6 .. .. 5,545 1 11 James Colliery .. .. 73,045 4 4 Less sales, transfers, &e. .. 2,519 10 11 70,525 13 5 58,910 18 3 11,614 15 2 .. 11,300 16 6 4,496 1 8 MacDonald Colliery .. 93,600 4 11 Less recoveries .. .. 693 10 2 92,906 14 9 *44,483 13 4 48,423 15 .. 33,785 7 7* Wellington Depot .. .. 19,787 17 4 Less sales and transfers .. 871 15 2 18,916 2 2 12,531 13 10 6,384 8 4 .. 983 11 4 689 2 6 Christchurch Depot .. .. 13,874 5 1 Less sales and loss on horses 319 13 7 13,554 11 6 11,303 17 4 2,250 14 2 16,650 3 3 3,785 3 7 Wanganui Depot .. .. 3,735 13 0 Less sales, loss on horses, 233 18 11 transfers, &c. 3,501 14 1 3,306 14 8 194 19 5 .. 2,223 8 1 8 15 0 Dunedin Depot .. .. 2,023 3 7 Less sales .. .. 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 2,084 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 I Grand total ., 739,484 8 2 Less sales, transfers, 35,170 11 8 &e. £704,313 16 6 £540,189 5 3 £164,124 11 3 Carried forward .. .. .. 164,124 11 3 219,650 5 2 117,979 13 2 26,776 7 9 * Includes interest (£30,285 19s. lOd.) capitalized from date of purchase to date lease was granted—now written off.