C— 2A.

NEW ZEALAND STATE COAL-MINES—continued. Table showing the Position of the State Coal-mines Account from Inception to 31st March, 1939.

13

:—: - - - " ' ■ ->"> ■ ?, • ■ "■ >. ■t'-v /• t. Tntal rnnltjil Total Amount of Assets as per Liabilities as per Name ol WorKs. ; n ,,; Depreciation Balance-sheet, 31st Net Profits- Net LosseB. Balance-sheet, ijxpenanure. written off,. March, 1031). 31st March, 1939. £ s. d. £ s. d. £ s. d. £. s. d. £.. s. d. £.. s. d. Point Elizabeth Colliery .. 98,210 9 0 "Less and loss by lire .. 2,291 6 11 95,919 2 1 95,919 2 1 .. 147,583 4 11 • .. Liverpool Colliery .. .. 335,479 12 4 Less sales, transfers, and loss 9,279 9 9 , by firo 326,200 2 7 258,142 15 8 08,057 (ill 54,700 1 0 .. 17,283 8 6 Seddonville Colliery .. 38,243 2 5 Less sales .. .. 548 17 0 ■ 37,694 5 5 37,694 5 5 .. .. 36,893 4 4 ■ , - , t 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 Prospecting on State Coal 11,601 6 3 Reserve Less transfers .. .. 10,785 8 0 815 18 3 389 4 0 426 14 3 ... Plant, buildings, &c., on hire .. 7,319 11 6 Less sales, transfers, &o. .. 3,553 3 9 ■' i- ■ 3,766 7 9 3,059 14 5 706 13 4 408 6 1 Charming Creek prospecting .. 5,956 18 6 5,956 18 6 .. .. 5,545 1 11 . ... James Colliery .. .. 74,038 12 0 Less salfes; transfers, &c. .. 2,765 14 3 71,272 17 9 64,483 14 4 6,789 3 5 .. 13,120 11 8 2,734 17 10 Development of new mine, 136,843 18 4 .. 136,467 4 9 .. .. 1,347 18 3 Nine-mile Area -— MaeDonald' Colli'ery.. .." 93,600 4 11 Less rWo+erfes .. .. 756'' 8 1 92,843 16 10. 16,816 16 0* 46,027 0 10 .. 30,719 5 4 Wellington Depot Property .. 21,535 19 6 Less sales and transfers .. 887 0 2 20,648 19 4 13,232 13 1 7,416 .6 3 .. 273 9 0 918 5 8 Christchurch Depot property 14,785 9 10 Less sales and loss on horses 384 3 7 14,401 6 3 11,654 12 2 2,746 14 1 18,006 6 4 .. 5,600 0 10 Wanganui Depot property .. 3,735 13 0 Less sales and loss on horses 308 18 11 3,426 14 1 3,341 18 0 84 16 1 .. 2,244 0 0 6 10 0 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 2,084 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 Grand total .. 863,732 12 10 Less losses, sales, 36,234 7 5 transfers, &<>. £827,498 5 5 £558,399 11 11 C208/72T 19 11 Carried forward .. .. .. 268,721 19 11 222,484 11 3 115,877 3 3 27,891 1 1 * Includes interest (£30,285 19s. 10(1.) capitalized from date of purchase to date lease was granted—now written off.