C—2a

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

50

Name of Works. Total Capital Expenditure. Total Amount of Depreciation written off. Assets as per Balancesheet, 31st March, 1947. Net Profits. Net Losses. 1 Liabilities as per Balancesheet, 31st March, 1947. MISCELLANEOUS Briquetting: Preliminary expenses £ 609 £ £ 609 £ £ £ Prospecting on State coal reserve Less transfers, sales, &e. .. 50,770 20,469 30,301 916 29,385 •• Plant, buildings on mines, &c. Less transfers, sales, &c. .. 143,763 13,024 130,739 17,368 113,371 9,946 Seddonville Colliery Less transfers, sales, &c. .. 38,243 549 37,694 37,694 36,607 Royalties from 1st April, 1928 Taxation Interest on investments 85,069 7,596 5i j 929 COMPLETED WORKS Point Elizabeth Colliery Less sales and loss by fire 98,210 2,291 95,919 95 919 147,583 •• James Colliery Less sales, transfers, &c. .. 74,495 6,250 68,245 68,245 2,970 Dunedin Depot Less sales of plant 2,023 641 1,382 1,382 •• 4,248 Briquette Works Less sales of plant 16,135 2,066 14,069 14,069 •• 22,661 Charming Creek, prospecting 5,957 5,957 •• •• 5,545 Hulks Property Less sales 4,034 1,949 2,085 2,085 •• 1,787 •• •• Office furniture Less sales 190 17 173 173 •• 173