21

B.—l [Pt. Ill]

NEW ZEALAND STATE COAL-MINES. Balance-sheet. Statement of Liabilities and Assets at 31st March, 1921. Liabilities. £ s. d. £ s. d. Assets. £ s. d. £ s. d. £ s. d. Debenture loan .. 175,000 0 0 Point Elizabeth CollieryLoan under Appropriation Machinery, plant, ropes, and Act, 1912 .. .. 50,000 0 0 rolling-stock-Inscribed stock .. 2,601 0 7 Cost at 31st March, 1920 1,386 18 6 — 227,601 0 7 Transferred to Liverpool Colliery .. .. 1,386 18 6 Debenture sinking fund.. 20,028 0 0 Depreciation fund .. 5,884 11 2 25,912 11 2 Point Elizabeth (Liverpool) Colliery and Development Accrued interest .. 4,550 19 7 Property Account — Sundry.creditors .. 22,286 310 Cost at 31st March, 1920 .. 89,844 5 8 26,837 3 5 Additions during the year 3,638 8 7 Bad-debts reserve .. .. 500 0 0 93,482 14 3 Contracts Deposit Account .. 10 0 0 Depreciation .. .. 9,318 5 5 Stocks suspense .. .. 810 0 0 84,164 8 10 Machinery, plant, ropes, and General Profit and Loss rolling-stock— Account— Cost at 31st March, 1920 41,518 15 0 Balance at 31st March, Additions during the year 3,222 1 6 1920 .. .. 38,670 9 10 Net profit for year .. 6,912 1 8 44,740 16 6 -45,582 11 6 Depreciation .. .. 4,474 1 8 40,266 14 10 Buildings at mine— Cost at 31st March, 1920 3,993 13 3 Additions during the year 1,285 18 '0 5,279 11 3 Depreciation .. .. 527 19 2 4,751 12 1 Cottages at mine— Cost at 31st March, 1920 4,740 16 10 Additions .. .. 1.903 10 0 6,644 6 10 Depreciation .. .. 664 8 8 5,979 18 2 Coal (stock on hand at mine and wharf) .. .. 2,403 14 0 Coal (stock on hand afloat).. 3,333 6 8 5,737 0 8 Stores (stock on hand) .. .. 13,003 18 10 153,903 13 James Colliery and Development Property Account — Cost at 31st March, 1920 .. 4,736 11 9 ,7, >* Additions during the year.. 10,763 11 4 15,500 3 1 Machinery, plant, ropes, and rolling-stock — Cost at 31st March, 1920 375 7 9 Additions during year .. 4,568 6 2 4,943 13 11 20,443 17 Mac Donald Colliery and Development Property Account — Cost at 31st March, 1920 .. 54,733 10 2 Additions during year .. 3,805 19 3 58,539 9 5 Machinery, plant, and rol-ling-stock — Cost at 31st March, 1920 234 1 4 Additions during the year 1,475 6 5 1,709 7 9 Buildings at mines— Expended during the year .. 394 19 1 Cottages at mine— Expended during the year .. 1,808 8 3 Tree-planting — Expended during the year .. 53 15 5 62,505 19 11 Wellington Depot Property Account — Cost at 31st March, 1920 .. 2,27117 6 Additions during the year 388 3 1 2,660 0 7 Depreciation .. .. 266 0 0 2,394 0 7 Stocks on hand .. .. .. 1,510 10 9 Stocks Suspense Account — .. 715 17 0 4,620 8 4 Carried forward .. .. 327,253 6 8 Carried forward .. .. .. 241,473 18 8