45

C—2a

General Profit and Loss Account Dr. £ £ Cr. £ £ Net loss, 1947-48 Net profit, 1947-48 Kamo Colliery .. .. .. .. 8,785 Mossbank Colliery .. .. .. .. 698 Wilton Colliery .. .. .. .. 21,888 Wairaki Colliery .. .. .. .. 7,072 Strongman Colliery .. .. .. .. 22,794 Star Colliery .. .. .. .. .. 10,197 Birchwood Colliery .. .. .. .. 5,187 Kimihia Opencast No. 1 .. .. .. 14,185 Glen Afton Opencast .. .. .. .. 3,792 Stockton Opencast .. -. .. .. 30,276 Kemp's Opencast .. .. .. .. 42,210 Black Diamond . ; .. .. .. 1,120 Waitewhena Opencast .. .. .. .. 19,511 Wangaloa Opencast .. .. .. .. 16,809 124,167 Ohai Opencast (Royalty) .. .. .. 222 Mangapehi Colliery .. .. .. .. 21,672 Auckland Depot .. .. .. .. 10,799 Tatu Colliery .. .. .. .. 21,842 Wellington Depot .. .. .. .. 13,088 Stockton Colliery .. .. .. .. 12,206 Christchurch. Depot .. .. .. 7,455 Webb Colliery .. .. .. .. 17,853 Wanganui Depot .. .. .. .. 67 Burke's Creek Colliery .. .. .. 7,806 McDonald Colliery .. .. .. .. 3,619 Liverpool Colliery .. .. .. .. 84,346 115,607 Blackball Colliery .. .. .. .. 46,704 Net recoveries— Dobson Colliery .. .. .. .. 50,540 Seddonville Colliery .. .. .. .. 33 Wallsend Colliery .. .. .. .. 37,051 Royalties .. .. .. .. .. 3,899 Paparoa Colliery .. .. .. .. 15,072 Interest receivable .. .. .. .. 3,682 7,614 315,092 Net revenue from hire of plant, buildings, &e. .. .. 3,338 Less special subsidy to meet losses on uneconomic 315,092 mines Interest on loan capital .. .. .. .. 104,418 Less remission under section 3 Finance Act, 1943 (3) 104,418 Net profit carried down .. .. .. .. .. 2,392 £126,559 £126,559 Profit and Loss Appropriation Account Dr. £ Cr. £ Loans Redemption Accounts .. .. .. .. 49,004 Net profit for year 1947-48 .. .. .. .. 2,392 Transfer from General Reserve .. .. .. .. 46,612 £49,004 £49,004