C—2a

Table Showing the Position of the State Coal-mines Account from Inception to the 31st March, 1948—continued

52

Name of Works. Total Capital Expenditure. Total Amount of Depreciation written off. Assets as per Balancesheet, 31st March, 1948. Net Profits. Net Losses. Liabilities as per Balancesheet, 31st March, 1948.. Christchureh Less sales, transfers, &c. .. £ 23,572 1,259 £ £ ' £ £ £ 22,313 15,764 6,549 38,470 Wanganui Less sales, transfers, &c. .. 4,372 413 3,959 3,409 550 2,073 Auckland 6 •• 6 23,709 MISCELLANEOUS Briquetting: Preliminary expenses 743 •• 743 Prospecting on State coal reserve Less transfers, sales, &e. 58,385 21,712 36,673 916 35,757 Plant, buildings, &c., on hire Less transfers, sales, &e. 142,529 13,024 129,505 32,851 96,654 13,284 ... Seddonville Colliery Less transfers, sales, &c. .. 38,243 549 37,694 37,694 36,574 Blackball Sawmill Head Office furniture, &c. .. Purchase of land Royalties from 1st April, 1928 Taxation Interest on investments 1,757 769 2,246 1,757 769 2,246 •• 88,968 11,278 51,929 ... COMPLETED WORKS Point Elizabeth Colliery Less sales and loss by fire 98,210 2,291 95,919 95,919 147,583 James Colliery Less sales, transfers, &c. .. 74,495 6,250 68,245 68,245 •• 2,970 Dunedin Depot Less sales of plant 2,023 641 1,382 1,382 ■ 4,248 Briquette Works Less sales of plant 16,135 2,066 I 14,069 14,069 22,661 Charming Creek: Prospecting 5,957 5,957 5,545 |