C—2a

Blackball Sawmill Working Account for the Year Ended 31st March, 1950 £ £ Hales of timber .. .. .. .. .. .. 9,334 Stocks on hand, Ist April, 1949 .. .. .. 200 Purchase of logs .. . . .. . . 1,680 Bush work .. .. .. .. .. .. 2,705 »Sawing and dressing .. .. . . . . 3,661 Repairs and maintenance .. . . .. . . 113 Mill yard expenses .. .. .. .. .. 378 Workers' compensation premium .. .. . . 335 Electric power .. .. .. .. .. 72 Transport from mill .. .. .. .. .. 643 Housing levy .. . . .. .. .. 126 9,913 Less stocks on hand, 31st March, 1950 . . .. 130 ! 9,783 Gross loss .. .. .. .. .. .. .. £449 Profit and Loss Account £ £ Depreciation .. .. .. .. .. 1,176 Salaries .. .. .. .. .. . . 709 General expenses .. .. .. .. .. 383 2,268 Less rents received .. .. .. .. 16 2,252 Net loss : To General Profit and Loss Account .. .. .. £2,701 Mac Donald Colliery Profit and Loss Account for the Year Ended 31st March, 1950 £ £ Royalties received .. .. .. .. .. 4,947 Rents received .. .. .. .. .. 200 5,147 Less depreciation .. .. .. .. .... 753 Net profit: To General Profit and Loss Account .. .. £4,394

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