C.—2A.

15

Table showing the Position of the State Coal-mines Account from Inception to 31st March, 1920— continued.

Price. J*.]

Approximate Cost of Payer.—Preparation, not given ; printing (600 copies, including plans), £37 10s.

Authority : Marcus F. Marks, Government Printer, Wellington.—lo2o.

I I I I r ., , | Total Amount of Assets: Net Capital Liabilities Name of Works. ~ a Depreciation as per Net Profits. Net Losses. ! as per Capital Expenditure. w 5tten off. Balance-sheet, 1920. ! Balance-sheet, 1920. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Dunedin Depot property .. .. .. 2,023 3 7 Less sale of plant .. . . .. 300 0 0 1.723 3 7 1,337 5 3 385 18 4 .. 4,095 1 11 Hulks property .. .. .. .. 4,033 15 5 Less sales .. .. .. .. 1,948 17 0 2.084 18 5 2,084 18 5 .. 1,746 12 11 Office furniture .. .. .. .. 189 13 9 Less sales .. .. .. .. 17 5 0 172 8 9 172 8 9 .. .. 172 8 9 -—- — — i Grand total .. .. .. 446,700 9 11 Less losses and sales .. .. 6,253 17 11 440,446 12 0 231,340 5 4 209,106 6 8 Investment Account .. .. .. .. .. .. .. 55 6 10 Discounts .. .. .. .. .. .. .. .. 13 2 9 Cash lost (highway robbery) .. .. .. .. .. .. .. 89 0 1 Totals, profits and losses .. .. .. .. .. .. 140,721 10 1 82,688 10 1 Balance, profits over losses .. .. .. .. .. .. .. 58,033 0 0 Stocks on hand .. . . .. .. 14,952 17 9 .. Investment Account .. .. .. .. .. .. 45,000 0 0 Deposit Account .. .. .. .. .. ,. .. .. .. 10 0 0 Suspense Accounts .. .. .. .. .. . 37 14 4 Sundry debtors .. .. .. .. .. ! .. 19,817 4 8 Gash on hand .. .. .. .. .. .. 18.000 4 8 .. .. Debentures and Loan Account .. .. .. .. . . .. .. 227. 601 0 7 Sundry creditors .. .. .. .. . < .. .. .. .. 15 ,695 2 10 Accrued interest .. .. .. ..I .. .. .. .. .. 4,550 19 7 Sinking Fund Account ...... .. .. .. . . .. 13,200 0 0 Reserve Fund Account .. .. .. .. .. .. .. 5 .884 11 2 General Profit and Loss Account .... . . .. .. .. .. 38,670 9 10 Bad-debts reserve .. .. .. .. .. .. .. .. .. 277 19 0 Stocks Suspense Account ...... .. .. .. . . . . 1,024 5 1 306.914 8 1 140,721 10 1 140,721 10 1 | 306,914 8 1 Lours H. Eilers, F.R.A., N.Z., Accountant