C—2a

Mac Donald Colliery Profit and Loss Account for the Year ended 31st March, 1948 Dr. £ Cr. £ Depreciation .. .. .. 763 Rents .. .. .. 200 Net profit: To General Profit and Royalties .. .. ..4,182 Loss Account .. ..3,619 £4,382 £4,382

Depot Trading and Profit and Loss Accounts for the Year ended 31st March, 1948

Wanganui Depot, Profit and Loss Account for the Year ended 31st March, 1948 Dr. £ Cr. £ Depreciation .. .. 29 Rents .. .. .. 102 Insurance, &c. .. .. 6 Net profit: To General Profit and Loss Account .. .. 67 £lO2 £lO2

44

— Auckland. Wellington. Christchurch. TRADING ACCOUNTS £ £ £ £ £ £ Sales of coal 615,922 630,071 220,275 Sales of coke, wood, &c. 18,104 3,848 fil x OOO 17*1 OO/I TOO Stocks on hand, 1st April, 1947 Uxt/j *7 Uto JUU 1,048 y ljjfj 3,183 Purchases of coal 582,586 513,551 192,602 Purchases of coke, wood, &c. 14,849 3,044 Wharfage and freights 1,258 5,656 177 Haulage to depot 19,636 89,734 12,087 Wages: Discharging 86 566 603,480 624,924 211,659 Less stocks on hand, 31st March, 1948 2,969 5,338 ( /-\T pao 1 CJ fll fl 'ISO 6°1 °0fi 3°1 Vuot U1 tUdfl oUlU •• •• •• •• Gross profit 12,442 26,220 17,802 PROFIT AND LOSS ACCOUNTS Advertising 41 41 41 Wages: Yard 1,874 2,689 Salaries 994 3,411 2,264 Rents 190 694 139 Travelling-expenses 49 5 19 Repairs and maintenance 178 959 Postages and telegrams *236 162 173 Printing and stationery 29 159 157 Insurance 28 8 Cartage 4,822 2,351 Sacks 516 535 General expenses "63 703 335 Audit fees 24 80 23 Superannuation Fund subsidy 5 7 18 Reserve for bad debts Rates 12 33 Depreciation 419 636 1 1 1A 1 ; UdtO ■ AO ? IOA iU,06t/ Net profit: To General Profit and Loss Account 10,799 13,088 7,455