C—2a

Balance-sheet of the New Zealand State Coal-mines. Statement of Liabilities and Assets at 31st March, 1919. Liabilities. £ s. d. £ s. d. Assets - £ s. d. £ s. d. £ s. d. Debenture loan .. .. .. .. 175,000 0 0 Point Elizabeth Colliery and Development Property Acoount— Loan under Appropriation Act, 1912 .. .. 50,000 0 0 Expended during year .. .. .. .. 430 17 7 Inscribed stock" .. .. ■- .. 2,601 0 7 Depreciation .. .. .. .. .. 430 17 7 227,601 0 7 Machinery, plant, ropes, and rolling-stock— Debenture sinking fund .. .. .. 13,200 0 0 Cost at 31st March, 1918 .. .. -.. .. .. 1,386 18 6 Reserve fund .. .. .. .. 5,884 11 2 19,084 11 2 Stores (stock on hand) .. .. .. .. .. 10,344 10 4 Coal (stock on hand at mine and wharf) .. .. .. 690 6 0 Bad-debts reserve .. .. .. .. .. 250 0 0 Coal (stock on hand, afloat) .. .. .. .. 224 11 11 11,259 8 3 Accrued interest .. .. .. .. 4,382 4 8 Development property, Eight-mile .. .. .. .. 1,082 10 4 Sundry creditors .. .. .. .. 16,13116 7 13,728 17 1 20,514 1 3 Point Elizabeth (Liverpool) Colliery and Development Property Account— Contract Deposit Aocount .. .. .. .. 10 0 0 Cost at 31st March, 1918 .. .. .. .. 87,247 14 3 Additions during the year .. .. .. .. 2,876 10 1 General Profit and Loss Acoount— Balance, 31st March, 1918 .. .. 8,042 10 7 90,124 4 4 Net profit for year .. .. .. 30,607 1 4 Depreciation .. .. .. .. .. 5,910 8 9 38,649 11 11 84,213 15 7 Machinery, plant, ropes, and rolling-stock— Cost at 31st March, 1918 .. .. .. .. 39,024 0 3 Additions during the year .. .. .. .. 7,655 11 11 46,679 12 2 Depreciation .. .. .. .. .. 3,463 15 5 — 43,215 16 9 Buildings at mme— Cost at 31st March, 1918 .. .. .. .. 4,214 16 6 Additions during the year .. .. .. .. 144 5 5 4,359 1 11 Depreciation .. .. .. .. .. 341 6 6 4,017 15 5 Cottages at mine .. .. .. .. .. 4,178 19 4 Additions .". .. .. .. .. 307 5 8 4,486 5 0 Depreciation .. .. .. .. .. 332 6 6 4,153 18 6 Coal (stock on hand at mine and wharf) .. .. .. 1,075 5 6 Coal (stock on hand, afloat) .. .. .. .. 1,651 10 4 2,726 15 10 138,328 2 1 Prospecting Waikokowai— Expended during the year .. .. .. .. .. .. 2,145 1 2 Hulk Property Account— Cost at 31st March, 1918 .. .. .. .. 358 8 9 Depreciation .. .. .. .. .. .. 59 11 9 298 17 0 Less sale of hulk .. .. .. .. .. .. 298 17 0

2—C. 2a

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