C—2a

Table showing the position of the State Coal-mines Account from inception to the 31st March, 1947—continued

49

Name of Works. Total Capital Expenditure. Total Amount of Depreciation written off. Assets as per Balancesheet, 31st March, 1947. Net Profits. Net Losses. Liabilities as per Balancesheet, 31st March, 1947. Wairaki Less sales, transfers, &c. .. £ 47,634 2,113 £ £ £ £ £ 45,521 4,644 40,877 21,883 Morley Less sales, transfers, &c. .. 21,852 21,852 21,852 Burke's Creek Less sales, transfers, &c. .. 6,229 6,229 3,087 3,142 7,907 Garvey's Creek Less sales, transfers, &c. .. 3,763 3,763 3,763 McDonald Less sales, transfers, &c. .. 93,595 760 92,835 55,608* 37,227 1,205 OPENCAST MINES Glen Afton Kemp's Kimihia Waitewhena Stockton .. Ohai .. Wangaloa Beehive 14,830 39,882 99,017 70,443 16,085 21,445 27,573 12,890 20,460 6,193 7,186 5,781 18,820 4,097 1,940 19,422 92,824 63,257 10,304 2,625 23,476 46 j 692 6,659 79,070 36,457 11,099 19,963 43,465 *413 DEPOTS Wellington Less sales, transfers, &c. .. 26,053 1,283 24,770 17,789 6,981 65,441 Christchurch Less sales, transfers, &c. .. 22,449 1,259 21,190 15,129 6,061 31,015 Wanganui Less sales, transfers, &c. .. 4,372 413 3,959 3,380 579 2,140 Auckland 12,910 * Includes interest (£30,286) capitalized from date of purchase to date lease w as granted, now written-off.