C—2a

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

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Total Panital Total Amount of Assets as per Liabilities as per Name of Works. TiN™i,«li+,.™ Depreciation Balance-sheet, Net Profits. Net Losses. Balance-sheet. • ■ jucpenainire. written off. 31st March, 1935. 31st March, 1935. I __ £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. j £ s. d. Brought forward .. .. .. 161,292 4 0 ! 213,646 16 2 116,644 14 3 12,985 3 3 Royalties (from 1st April, 1928, .. .. .. 30,612 4 1 ... ... only) Interest on investments ..... ., .. 62,617 3 11* Discounts . . .. .. .. .. 13 2 9 Cash lost (highway robbery) .. . . .. .. .. 89 0 1 Transfer to Accident Insurance .. .. .. ... 2,960 00, Reserve Refund —Mines Department, .. .... •• ■• 5,000 0 0 1932-33 (administrative expenses incurred in previous years) Total, profit and loss .. .. .. .. 306,889 6 11 124,693 14 4 Balance—-Profits over losses .. .. .. .. .. 182,195 12 7 £306,889 6 11 £306,889 6 11 Stocks on hand less provision- .. .. 17,517 10 6 ally written off Investments (ordinary) .. .. ... 62,800 00. .. Interest on investments accrued .. .. 276 14 7 .. Sinking Fund investments .. .. .. 8,590 13 8 ., Sundry debtors .. .. .. .. 41,429 8 7 ... Cash in Public Account .. .. .. 8,272 13 2 Cash in Receiver-General's De- .. :•■■■.■; 1 > 100 0 0 posit Account ...... Housing advances to workmen .. .. 8,251 11 10 ... .... and accrued interest Loan Account .. .. .. .. .. .. .. 105,833 6 8 Bad-debts Reserve . . . . .. .. .. .. .... 828 19 1 Accrued interest payable .. . . .. .. .. . . 426 4 0 Sinking Fund .. .. .. ... ... 8,590 13 8 .. 8,590 13 8 General Reserve .... .. .. .. 169,109 9 7 .. 169,109 9 7 General Profit and Loss Acount .. .. .. 4,495 9 4 .. 4,495 9 4 Deposits on contracts .. .. .. .. .. .. 1,100 0 0 Accident Insurance Reserve .. .. .. .. .. .. 6,161 10 9 £309,530 16 4 £182.195 12 7 .. £309,530 16 4 * Includes interest on sinking-fund investments.