C.— 2A

NEW ZEALAND STATE COAL-MINES— continued. Balance-sheet as at 31st, March, 1935. Liabilities. Assets. Loan capital— £ s. d. £ s. d. Collieries. £s. d. £ s. d. Loans at 3-J- per cent. .. .. .. .. .. 416 13 4 Development and Property Accounts .. .. • ■ 99,727 1 1 O Loans at 4 per cent. .. .. .. .. .. 105,416 13 4 Machinery, plant, ropes, and rolling-stock .. .. .. 28,032 10 5 105,833 6 8 Electrical plant (James Colliery) .. .. .. .. 3,507 1 7 Jfp Accrued interest on loan capital .. .. .. .. .. 426 4 0 Buildings at mines .. .. • • •• ? r Departmental. Sundry. Cottages at mines .. ■■ •• 3,912 19 3 Sundry creditors— £ s. d. £ s. d. Plantations at mines .. .. •• •• 1,781 18 1 Liverpool Colliery .. .. 222 11 5 5,944 7 10 6,166 19 3 Coal stocks (bins, wharf, and afloat) .. .. .. .. 3,198 9 4 James Colliery .. .. .. 66 10 1 5,385 19 5 5,452 9 6 Stores on hand .. .. •• ■■ •• •• 7,815 0 9 Mac Donald Colliery .. .. .. 165 16 0 165 16 0 — 153,536 10 0 Wellington Depot .. .. 13 11 5 463 3 4 476 .14 9 Plant, equipment, &c., on hire .. • ■ • • • • • • 790 1 5 Christchurch Depot .. .. 508 19 7 214 4 2 723 3 9 Depots— Property Accounts .. •• •• 9,475 12 2 811 12 6 12,173 10 9 12,985 3 3 Stocks and stores on hand .. .. 6,504 0 5 Deposits on contracts .. .. .. .. •• .. 1,100 0 0 15,979 12 7 Sinking Eund .. .. .. .. • • • • .. 8,590 13 8 Prospecting on State Coal Reserve . . .. • • • . • 8,503 10 6 Reserves— Sinking Fund investments .. •• •• ■■ ■■ •• 8,590 13 8 General Reserve .. .. . ■ ■. ■. 169,109 9 7 Housing advances t-o workmen .. ■ . . • • 8,134 12 2 Rad Debts Reserve .. .. .. .. .. 828 19 1 Interest accrued due .. ■. ■ • • • • 116 19 8 Accident Insurance Reserve .. .. .. .. 6,161 10 9 8,251 11 10 176,099 19 5 Investments (ordinary) .. .. • •• 62,800 0 0 General Profit and Loss Account— , Interest accrued due .. . • • ■ • ■ ■ • 276 14 7 Net surplus for year .. .. .. .. .. .. 4,495 9 4 63,076 14 7 Departmental. Sundry. Sundry debtors— £ s. d. £ s. d. Liverpool Colliery.. .. 11 14 0 3,178 11 6 3,190 5 6 James Colliery .. . . • ■ • • 29 7 1 29 7 1 Mac Donald Colliery 2,392 17 10 2,392 17 10 Wellington Depot . ■ . 446 19 1 33,091 16 8 33,538 15 9 Christchurch Depot .. ■■ 4 11 6 2,310 19 10 2,315 11 4 463 4 7 41,003 12 11 41,466 17 6 Less provisionally written off .. .. .. .. 37 8 11 41,429 8 7 Cash in Receiver-General's Deposit Account .. .. .. .. 1,100 0 0 Cash in Public Account .. . • • • • • • • • • 8,272 13 2 £309,530 16 4 £309,530 16 4 State Coal-mines Office, Wellington, A. W. Gyles, A.R.A.N.Z., Accountant, Ceas. E. Macmillan, Minister of Mines. I hereby certify that the attached Working and Profit and Loss Accounts of Depots and Collieries, General Profit and Loss Account, and Balance-shee thave been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the comment that no charge for the cost of exchange on payments made in London is included in the account.— J. H. Fowler, Deputy Controller and Auditor-General.

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