B.—l [Pt. IV, Sup. B].

54

NEW ZEALAND STATE COAL-MINES. Balance-sheet. Statement of Liabilities and Assets as at 31st March, 1924. Liabilities. £ a. d. £ s. d. Assets. £ a. d. £ a. d. £ s. d. Loan under Coal-mines Liverpool Colliery and DevelopAct, 1908 .. .. 130,000 0 0 ment Property Account— Loan under Coal-mines Balanoo at 31st Marcli, Act, 1908, and Appro- 1923 .. .. .. 78,949 19 5 priation Act, 1912 .. 25,000 0 0 Additions during the year .. 13,243 10 11 Now Zealand Consolidated Inscribed Stock 52,001 0 7 92,193 16 4 227,001 0 7 Depreciation .. .. 9,219 7 8 Sinking fund .. .. 35,400 10 0 82,974 8 8 Accrued interest .. .. 3,886 1 9 Machinery, plant, ropes, and Sundry creditors —■ rolling-stock— Liverpool Colliery .. 14,089 18 6 Balance at 31st March, James Colliery .. 2,734 16 7 1923 .. .. 38,104 13 2 Wellington Depot .. 054 3 I Additions during the year 3,661 11 1 Christchurch Depot .. 1,638 2 10 Wanganui Depot .. 501 7 2 41,766 4 3 19,618 8 2 Depreciation .. .. 4,176 12 5 Reserves — 37,589 11 10 General Reserve .. 75,853 2 2 Buildings at mine— Bad-debts Reserve .. 538 8 3 Balance at 31st March, 76,391 10 5 1923 .. .. 3,961 2 11 Contracts Deposit Ac- ' Additions during the year 101 .10 0 count .. .. . • 890 0 0 Stocks, &c., written off 4,062 12 11 Suspense Account .. .. 2,1.13 13 10 Depreciation .. .. 406 5 4 General Profit and Loss 3,650 7 7 Account — Cottages at mine— Net profit for year .. .. 15,742 3 10 Balance at 31st March, 1923 .. .. 6,716 2 5 Additions .. .. 102 13 2 6,818 15 7 Depreciation .. . . 681 17 7 6,136 18 0 Coal (cargo afloat) .. 1,329 6 9 Coal (stock on hand at mine and wharf) .. .. 2,754 14 10 Stores (stock on hand) .. 8,501 18 8 12,586 0 3 Stocks, &c., Suspense Account .. 466 6 11 Sundry debtors .. .. 4,064 1 0 147,473 14 3 James Colliery and Development Property Account— Cost at 31st March, 1923 .. 35,137 10 1 Additions during the year .. 879 19 2 36,017 9 3 Depreciation .. .. 3,001 14 11 32,415 14 4 Machinery, plant, ropes, and rolling-stock— Cost at 31st March, 1923.. 10,973 711 Additions during the year 1,380 3 0 12,359 10 11 Depreciation.. .. 1,235 19 1 11,123 11 10 Buildings at mine— Cost at 31st March, 1923.. 477 3 7 Additions during the year 657 12 3 1,134 15 10 Depreciation.. .. 113 9 7 — 1,021 6 3 Preliminary Expenses Account . . .. .. ~ 1,103 8 0 Coal (stock on hand at mine and wharf) .. .. 1,079 4 7 Stocks Suspense Account .. 96 9 0 1,175 13 7 Sundry debtors .. .. .. 8 210 — 46,847 17 4 Carried forward .. . 381,649 15 1 194,321 11 7