C—2a

50

Colliery Revenue Accounts for the Year Ended 31st March, 1950

— Kamo. Wilton. Mangapehi. Tatu. Denniston. Millerton. Stockton. Webb. SALES ACCOUNTS £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ £ Sales of coal, f.o.r. and f.o.b. .. . 74,262 100,880 45,353 49,417 106,888 80,076 35,630 100,205 81.456 181.661 Subsidy . 81,007 86,112 53,667 52,073 83,489 57,477 137,553 28, 55/ 155,269 186,992 99.020 101,490 190,377 64,187 Less N.Z.R. haulage 137 155.132 10 186,982 _ 98,948 15 101,475 12,225 178,152 6,757 130,796 4,555 59,632 13,046 168,615 Coal sales net, f.o.r. WORKING ACCOUNTS 2.017 71,114 1.112 50,039 2,127 108,540 Stocks on hand, 1st April, 1949 '. LOO! 8711 120 130.337 64 78,828 49 68 84) 1,783 166,350 Materials used 9,121 20.488 8,901 7,438 32,730 9,328 9,118 24,313 Royalty Haulage 3,692 '. 1 ', 579 2,119 3,447 5,124 5 ', 818 988 3 ', 763 4 \ 853 '719 1^490 3.328 Electric power Coal-miners' Relief Fund 4,377 1,431 2,066 2,263 4,401 1,700 237 358 157 152 316 216 216 3,738 89,048 110 110 2,929 308 308 5,550 1.53,494 Rescue station levy .. Workers' compensation premiu m ! 5," 740 358 6,873 170,655 157 4.003 3 \ 542 316 8,747 219,496 100,982 86,052 64,908 Less stocks on hand, 31st March, 195 0 17 126 209 2,318 1,058 87,990 1,676 63,232 4,714 148,780 Cost of coal sold Gross profit Gross loss 134,616 20,516 100,856 1 ', 908 85 843 217,178 16.344 15;632 39^026 42,806 .3J600 19,835 PROFIT AND LOSS ACCOUNTS 1,074 452 1,288 Rents, postages, printing and stationer v, 1,124 1,507 1,082 903 2,278 audit fees, and general expenses 2,765 3,280 2,126 1,716 5,855 2,373 1,918 2,421 Depreciation 2,435 10,522 7,862 8,687 10,563 3,790 5,893 11,777 67 4,112 445 Rates and grants in lieu of rates 446 570 200 365 4,027 Commission 4,727 20,606 22,723 13,130 14,214 8,266 6,770 11,270 11,671 Less rent received 658 6,112 14,404 1,052 19,554 3^210 5,089 6,181 8^089 1,993 9,678 5,954 1,443 21 280 698 12,432 359 13,855 1,011 7,255 Net profit/ transferred to Gene Net loss \ and Loss Accoun ral Profi t f 60^306 30,374 17^455 12,580