C—2a

Table Showing the Position of the State Coal-mines Account from Inception to the 31st March, 1950 — continued

Approximate Cost of Paper. —Preparation not given; printing (849 copies), £lBO.

By Authority: E. E. Owen, Government Printer, Wellington.—l9so. Price Is. 6d.]

68

Total Capital Expenditure. Total Assets as per Liabilities Name of Works. Amount of Depreciation Written Off. Balancesheet, 31st March, 1950. Net Profits. Net Losses. as per Balancesheet, 31st March, 1950. COMPLETED WORKS— cntd. £ £ £ £ £ £ Hulks Property 4,034 Less sales 1,949 2,085 1,787 411 2,085 Beehive Opencast Office furniture "l90 Less sales 17 173 173 173 Discounts 13 Cash lost (highway robbery).. 89 Transfer to Accident Insurance 2,960 Reserve Refund, Mines Department .. 5,000 Runanga Water-supply 5,000 Stores sales "463 Grand total 6,042,409 Less losses, sales, transfers 380,755 5,661,654 1,389,184 4,272,470 Total profit and loss 1,032,352 706,147 Balance : Profit over losses.. 4,272,470 326,205 1,032,352 1,032,352 Capital expenditure brought forward Investments 55,203 Stocks on hand, less provision799,578 ally written off Sinking Fund investment 109,376 Sundry debtors 722,326 Cash in Public Account 296,528 Cash in Receiver-General's 5,564 Deposit Account Housing advances to workmen 107,816 and accrued interest Miscellaneous advances 22,128 Deposits paid on contracts . . 350 Loan Account 5,440,990 Bad Debts Reserve 2,437 Sinking Fund 109]376 109,376 General Reserve 216,829 216,829 Deposits held on contracts .. 5,564 Accident Insurance Reserve.. 217,673 Restoration Opencast Areas 5,131 Reserve Sundry creditors 393,339 6,391,339 326,205 6,391,339