B—l [Pt. IV, Sup. B].

56

NEW ZEALAND STATE COAL-MlNES— continued. Statement of General Profit and Loss Account for the Year ended 31st March, 1924. Dr. £ s. d. £ s. d. Or. £ s. d. £ s. d. To Liverpool Colliery Trade Ex- By Liverpool Colliery Working penses Account .. .. 115,541 310 Account —Gross profit .. 127,566 11 9 Wellington Depot Trade Ex- Wellington Depot Trading Acpenses Account .. .. 9,901 0 4 count —Gross profit .. 13,007 13 2 Christchurch Depot Trade Ex- Christchurch Depot Trading penses Account .. .. 7,055 4 1 Account—Gross profit .. 7,940 5 5 Wanganui Depot Trade Ex- Wanganui Depot Trading Acpcnses Account .. .. 2,171 17 10 count —Gross profit .. 3,359 0 0 Wellington Depot--Bad debts 5 5 0 Seddonville Colliery—Recoveries 138 13 1 Deposit, &c, written off 6 4 4 Point Elizabeth Colliery—Re134,080 15 11 coveries .. .. 1,351 4 4 Balance—Prolit for year carried down .. 20,294 3 10 Liverpool Colliery—Rents .. 825 7 I 154,195 0 10 Interest on investments .. .. 779 18 11 £154,974 19 9 £154,974 19 9 Sinking Fund Account for redemption of loan £ a. d. £ s. d. capital .. .. .. .. 4,552 0 0 Balance—Profit for year 1923-24 .. 20,294 310 Balance—Net profit for year .. .. 15,742 310 £20,294 3 10 £20,294 3 10 Statement of Liverpool Colliery Working Account for the Year ended 31st March, 1924. Dr. £ s. d. £ s. d. Or. £ s. d. £ s. d. To Stock on hand at 31st March, By Sales of coal .. ..204,283 1 3 1923 .. .. .. .. 3,572 4 8 Sales of stores and hire of plant 7,194 18 5 Coal-winning— 211,477 19 8 Wages .. .. .. 05,104 18 1 Stock of coal on hand at 31st Stores and materials used .. 8,178 7 3 March, 1924, at mine and Railway tickets .. .. 648 10 0 wharf .. .. .. 2,754 14 10 Special trains .. .. 2,502 5 0 Cargo afloat .. .. 1,329 (i 9 Stores and plant sales (at cost) 5,853 13 5 4,084 1 7 Coal purchased .. .. 091 1 0 Special rate .. .. 1,384 9 7 84,423 4 10 Balance —Gross profit .. .. 127,506 11 9 £215,562 1 3 £215,562 1 3 Statement of Liverpool Colliery Profit and Loss Account for the Year ended 31st March, 1924. Dr. £ s. d. £ s. d. Or. £ s. d. To Management and office salaries 3,182 3 2 By Gross profit at mine .. .. .. 127,566 11 9 Interest .. .. .. 4,770 II 8 Rents .. .. .. .. .. 825 7 1 Travelling-expenses.. .. 138 7 5 Printing and stationery .. 216 13 I Repairs and maintenance .. 4,504 3 0 Telegrams and postages .. 130 11 0 Railway haulage .. .. 18,048 18 4 Insurances.. .. .. 374 13 5 Compensation for accidents .. 1,725 1.3 11 Sick and Accident Fund .. 206 13 1 General, expenses .. .. 289 4 3 Marine freights .. .. 63,174 14 1 Audit fees .. .. .. 75 5 4 Wharfage .. .. .. 4,153 8 7 Depreciation—Mine, buildings, plant, and machinery .. 14,484 3 0 115,541 3 10 Balance—Net prolit.. .. .. 12,850 15 0 £128,391 18 10 £128,391 18 10 Statement of James Colltery Working Account for the Year ended 31st March, 1924. Dr. £ s. d. £ s. d. Or. £ a. d. To Stock on hand at 31st March, By Sales coal .. .. .. .. 36,004 10 4 1.923 .. .. .. .. 55 0 11 Stock on hand at 31st March, 1924, at mine Coal-winning— and wharf .. .. .. .. 1,079 4 7 Wages .. .. .. 14,668 2 2 Stores and materials used .. 1,078 811 Subsidized bus-fares, &o. .. 73 2 0 Coal purchased .. .. 57 8 1 Special rate .. .. 225 10 6 Royalty.. .. . . 514 II 3 16,617 9 5 Balance—Gross profit .. .. 21,011 4 7 £37,684 0 11 £37,084 0 11