C. -2a

. Balance-sheet of the New Zealand State Coal-mines. Statement of Liabilities and Assets at 31st March, 1918. Liabilities. Assets. £ s. d. £ B. d. £ s. d. £ s d. £ s. d. Debenture loan .. .. .. .. 175,000 0 0 Point Elizabeth Colliery and Development Property Account — Loan under Appropriation Act, 1912 .. .. 50,000 0 0 Expended during year .. .. .. .. 136 3 0 Inscribed stock .. .. .. .. 2,601 0 7 Depreciation .. .. .. .. .. 136 3 0 227,601 0 7 Machinery, plant, ropes, and rolling-stock— Debenture sinking fund .. .. .. 13,200 0 0 Cost at 31st March, 1917 .. .. .. .. 1,486 0 0 Reserve fund .. .. .. .. 5,884 11 2 Less sales.. .. .. .. .. .. 99 1 6 ■ 19,084 11 2 1,386 18 6 Stores (stock on hand) .. .. .. .. .. 5,644 8 3 Bad debts reserve .. .. .. .. 250 0 0 Coal (stock on hand at mine and wharf) .. .. .. 36 0 0 5,680 8 3 Accrued interest .. .. .. .. 4,357 4 6 7,067 6 9 Sundry creditors .. .. .. .. 9,112 2 8 Point Elizabeth (Liverpool) Colliery and Development Property 13,469 7 2 AccountGeneral Profit and Loss Account— Cost at 31st March, 1917 .. .. .. .. 90,819 2 4 Net profit for year .. .. .. 24,466 18 1 Additions during the year .. .. .. .. 2,195 4 2 Less Dr. balance, 31st March, 1917 .. 16,424 7 6 8,042 10 7 93,014 6 6 Depreciation .. .. .. .. .. 5,766 12 3 87,247 14 3 Machinery, plant, ropes, and rolling stock— Cost at 31st March, 1917 .. .. .. .. 45,346 11 0 Additions during the year .. .. .. .. 3,741 9 1 49,088 0 1 Depreciation .. .. .. .. .. 10,063 19 10 39,024 0 3 Buildings at mine— Cost at 31st March, 1917 .. .. .. .. 4,441 8 6 Additions during the year .. .. .. .. 107 10 3 4,548 18 9 Depreciation .. .. .. .. .. 334 2 3 ■ 4,214 16 6 Cottages at mine .. .. .. .. .. 3,655 11 3 Additions .. .. .. .. .. 840 7 3 4,495 18 6 Depreciation .. .. .. .. .. 316 19 2 4,178 19 4 Coal (stock on hand at mine and wharf) .. .. .. 610 8 9 Coal (stock on hand, afloat)' 610 8 9 135,275 19 1 Charming Creek Development— Cost at 31st March, 1917 .. .. .. .. .. .. .. 1,562 17 4 Expended during the year .. .. .. .. .. .. 1,393 2 10 2,956 0 2 Amount written off .. .. .. .. .. .. .. 2,956 0 2

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