PROFIT AND LOSS ACCOUNT

Star (Christchurch), Issue 19879, 21 February 1920, Page 4

PROFIT AND LOSS ACCOUNT

FOR YEAR ENDED DECEMBER 81st, 1919.

' & 6, d. £ fi, d, A - J (f «/I ITo Freights . 59,312 11 1 By Balance at ' j Royalties , 3,498 10 9 credit, Dec. 31, Distributing ex- 1918 . . 8 8 penses . . 282 17 9 Less Appropriations— Ir.iorcst * ex- Depreciation, change . . 2,416 6 2 £4OOO 0 0 Directors’ Fees 450 0 0 Dividend. Feb. Salaries, general og 1919 expenses, au- ‘ ’ Biß n 14 5 ditor, inconn 7,817 14 6 lax. travelling g -qj j expenses . 6,457 6 6 B y &Tobs Profit Balance; Net on gales . 86,390 12 8 profit for year 14,096 16 6 Rents and ComPlus balance missions, etc. 104 12 6 brought for- Transfer Fees , 9 2 6 ward . . 8,702 14 2 £90,216 1 10 £90,216 1 10

WM. REECE, G. TOWNSEND. P.1.A., N.Z., JAMES JAMIESON, Reg. Acct., Directors. Secretary. I have examined the Books and Vouchers of the Weatport-Stockton Coal Company, Limited, and -certify the above Balance-sheet is properly drawn up, and exhibits a true and correct view of the Company’s affairs as shown by the books of the Company, and that all my requirements as Auditor have been complied with. W. S. GODFREY. F.1.A., (N.Z.), F.P.A-, , , , Auditor. Christchurch, 3rd February, 1920.