C—2a

Table Showing the Position of the State Coal-mines Account from Inception to the 31st March, 1949—continued

63

Name of Works. Total Capital Expenditure. Total Amount of Depreciation Written Off. Assets as per Balancesheet, 31st March, 1949. Net Profits. Net Losses. 1 Liabilities as per Balancesheet, 31st March, 1949. MISCELLANEOUS—continued Blackball Sawmill Head Office furniture, &c. .. Purchase of land Royalties from 1st April, 1928 Taxation Interest on investments £ 9,472 3,249 3,104 £ 815 £ 8,657 3,249 3,104 £ 24*680 £ 432 5i,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 14,069 14,069 22,661 •Charming Creek : Prospecting 5,957 5,957 5,545 Hulks Property Less sales 4,034 1,949 . 2,085 2,085 1,787 Beehive Opencast ■Office furniture Less sales 190 17 413 Discounts 'Cash lost (highway robbery).. "Transfer to Accident Insurance Reserve Refund, Mines Department .. Runanga water-supply .Stores sales Grand total ' Less losses, sales, transfers 173 4,91£)j 141 286,161 173 13 463 173 89 2,960 5,000 5,000 4,632,980 1,213,116 3,419,864 'Total profit and loss Balance : Profit over losses .. 812,710 619,359 193,351 812,710 812,710 Capital expenditure brought forward Investments on hand, less provisionally written off 3,419,864 74,576 531,115 •• ••