C—2a

10

Balance-sheet of the New Zealand State Coal-mines. Statement of Liabilities and Assets at 31st March, 1921. Liabilities. £ s. d. £ s. d. Assets. £ s, d. £ s. d. £ 3. d. Debenture loan .. .. .. .. 175,000 0 0 Point Elizabeth Colliery,— Loan under Appropriation Act, 1912 .. 50,000 0 0 Machinery, plant, ropes, and rolling-stock— Inscribed stock .. .. .. .. 2,601 0 7 Cost' at 31st March, 1920 .. .. .. .. 1,386 18 6 227,601 0 7 Transferred to Liverpool Colliery .. .. .. 1,386 18 6 Debenture sinking fund .. .. .. 20,028 0 0 Depreciation fund.. .. .. .. 5,884 11 2 Point Elizabeth (Liverpool) Colliery and Development Property 25,912 11 2 AccountCost at 31st March, 1920 .. .. .. .. 89,844 5 8 Accrued interest .. .. .. .. 4,550 19 7 Additions during the year .. .. .. .. 3,638 8 7 Sundry creditors .. .. .. .. 22,286 3 10 26,837 3 5 93,482 14 3 Bad-debts reserve.. .. .. .. .. 500 0 0 Depreciation .. .. .. .. .. 9,318 5 5 84,164 8 10 Contracts Deposit Account .. .. .. 10 0 0 Machinery, plant, ropes, and rolling-stock— Stocks suspense .. .. .. .. .. 810 0 0 Cost at 31st March, 1920 .. .. .. .. 41,518 15 0 Additions during the year .. .. .. .. 3,222 1 6 General Profit and Loss Account— Balance at 31st March, 1920 .. .. 38,670 9 10 44,740 16 6 Net profit for year .. .. .. 6,912 1 8 Depreciation .. .. .. .. .. 4,474 1 8 ■ — 45,582 11 6 40,266 14 10 Buildings at mme— Cost at 31st March, 1920 .. .. .. .. 3,993 13 3 Additions during the year .. .. .. .. 1,285 18 0 5,279 11 3 Depreciation .. .. .. .. .. 527 19 2 4,751 12 1 Cottages at mme— • Cost at 31st March, 1920 .. .. .. .. 4,740 16 10 Additions.. .. .. .. .. .. 1,903 10 0 6,644 6 10 Depreciation .. .. .. .. .. 664 8 8 5,979 18 2 Coal (stock on hand at mine and wharf) .. .. 2,403 14 0 Coal (stock on hand afloat) .. .. .. .. 3. 333 6 8 5,737 0 8 Stores (stock on hand) .. .. .. .. .. .. 13,003 18 10 153,903 13 5 James Colliery and Development Property Account,— Cost at 31st March, 1920 .. .. .. .. 4,736 11 9 Additions during the year .. .. .. .. 10,763 11 4 15,500 3 1 Machinery, plant, ropes, and rolling-stock— Cost at 31st March, 1920 .. .. .. .. 375 7 9 Additions during year .. .. .. .. 4,568 6 2 4,943 13 11 20,443 17 0 Mac Donald Colliery and Development Property Account,— Cost at 31st March, 1920 .. .. .. .. 54,733 10 2 Additions during year .. .. .. .. .. 3,805 19 3 58,539 9 5 Machinery, plant, and rolling-stock Cost at 31st March, 1920 .. .. .. .. 234 14. Additions during the year .. .. .. .. 1,475 6 5 1,709 7 9