C.—2a

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

Approximate Colt of Paper.—Preparation, not given ; printing 545 (copieß), £22 10s.

Authority: E. V. Paul, Government Printer, Wellington. —1939.

Price 6d.]

14

Tntjii runifol Total Amount of Assets as per Liabilities as per Name of Works. Depreciation Balance-sheet, Net Profits. Net Losses. Balance-sheet expenditure. written off. 31st March, 1939. 31st March. 1939. • ' £ a. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward 268,721 19 11 222,484 11 3 115,877 3 3 27,891 1 1 Royalties (from 1st April, 1928, .. .. .. 49,877 6 4 only) Interest on investments .. .. •• .■ 85,747 5 10* Discounts .. . • ■ ■ • • ■ • • • 13 2 9 Cash lost (highway robbery) .. .. .. • • • • 89 0 1 Transfer to Accident Insurance .. .. .. .. 2,960 0 0 Reserve Refund: Mines Department, .. . • •• 5,000 0 0 1932-33 (administrative expenses inurred in previous years) Runanga water-supply scheme •• •• ■■ •• 1,000 0 0 Stores sales • • • • • • • • • • 224 14 6 Total, profit and loss .. •• •• •• •• 124,926 3 4 Balance: Profits over losses .. .. •• •• 233,420 17 4 £358,347 0 8 £358,347 0 8 Stocks on hand less provisionally .. •• 76,527 17 2 written off Interest on investments accrued Sinking Fund investments .. •• •• 11,767 3 8 Sundry debtors .. .. •• •• 50,062 13 8 Cash in Public Aocount ■. .. • • 7,625 6 11 Cash in Receiver-General's .. •• 1,110 0 0 Deposit Account Housing advances to workmen, •• •• 11,679 7 3 and accrued interest Loan Account .. •• •• •• •• •• •• 154,718 6 8 Bad Debts Reserve .. .. • • • • •• • • • • 1,240 3 9 Accrued interest payable .. .. •• •• •• 1,047 13 5 Sinking Fund .. .. •• •• 11,767 3 8 .. 11,767 3 8 General Reserve .. .. •• •• •• 220,107 5 5 .. 220,107 5 5 General Profit and Loss Account •• •• •• 1,546 8 3 .. 1,546 8 3 Deposits on contracts .. • • ■ • • • • • • • 1,110 0 0 Accident Insurance Reserve .. .. •• •• •• •• 8,066 6 4 £427,494 8 7 £233,420 17 4 .. £427,494 8 7 * Includes interest on sinking fund investments.