C.—2a

NEW ZEALAND STATE COAL-MINES —continued. Table showing the Position of the State Coal-mines Account from Inception to 31st March, 1935.

11

Tr,t«i runitoi Total Amount of Assets as per Liabilities as per Name of Works. „. f-i .» Depreciation Balance-sheet, 31st Net Profits. Net Losses. Balance-sheet, 31st Lxpenditure. written off. March, 1935. March, 1935. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Point Elizabeth Colliery .. 98,210 9 0 Less sales and loss by fire .. 2,291 6 11 95,919 2 1 95,919 2 1 .. 147,583 4 11 Liverpool Colliery .. .. 321,089 18 10 Less sales, transfers, and loss 7,249 10 5 by fire 313,840 8 5 240,769 8 2 73,071 0 3 50,136 8 6 .. 6,166 19 3 Seddonville Colliery .. 38,243 2 5 Less sales .. •• 548 17 0 37,694 5 5 37,694 5 5 .. .. 37,156 12 7 Briquette-works property .. 16,135 2 6 Less sales .. ■• 2,066 5 0 14,068 17 6 14,068 17 6 .. .. 22,660 18 10 Prospecting on ' State ICoal 8,892 14 6 389 4 0 8,503 10 6 Reserve ,-i <-*r> t '« I '4 Plant, buildings, &c, on hire 6,804 17 7 Less sales, transfers, &c. .. 3,369 16 6 3,435 1 1 2,644 19 8 790 1 5 47 18 2 Charming Creek prospecting .. 5,956 18 6 5,956 18 6 .. .. 5,545 1 11 James Colliery .. ■• 71,982 5 10 Less sales, transfers, &c. .. 2,225 1 1 69,757 4 9 52,217 8 0 17,539 16 9 .. 6,735 1 10 5,452 9 6 MaeDonald Colliery .. .. 93,600 4 11 Less recoveries .. .. 193 10 2 93,406 14 9 41,494 1110* 51,912 2 11 .. 36,762 0 3* 165 16 0 Wellington Depot property .. 19,216 1 4 Less sales and transfers .. 863 14 9 18,352 6 7 11,799 5 10 6,553 0 9 .. 1,161 12 4 476 14 9 Christchurch Depot property 13,819 8 6 Less sales and loss on horses 319 6 10 13,500 1 8 10,841 10 11 2,658 10 9 14,092 11 8 .. 723 3 9 Wanganui Depot property .. 3,735'13 0 Less sales and loss on horses 227 2 0 3,508 11 0 3,244 10 4 264 0 8 .. 2,202 14 4 .. Dunedin Depot property .. 2,023 3 7 Less sales .. •■ 641 10 0 1,381 13 7 1,381 13 7 .. .. 4,248 3 5 Hulks property .. •• 4,033 15 5 Less sales .. ■• 1,948 17 0 2,084 18 5 2,084 18 5 .. 1,786 12 11 Office furniture .. ■• 189 13 9 Less sales . ■ ■ • 17 5 0 172 8 9 172 8 9 .. .. 172 8 9 Grand total .. 703,933 9 8 Less losses, sales, &c. 21,962 2 8 £681,971 7 0 £520,679 3 0 161,292 4 0 Carried forward .. .. " " 161,292 4 0 213,646 16 2 116,644 14 3 12,985 3 3 * Includes interest (£30,285 19s. lOd.) capitalized from date of purchase to date lease was granted—now written off.