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Balance-sheet — continued. Liabilities— continued. £ s. d. Assets— continued. £ a. d. £ s. d. Brought forward .. .. 359,789 18 4 Fraught forward .. .. .. 273,288 12 7 Wellington Depot Property Account — Balarioe at 31st March, 1922 2,106 18 6 Additions during the year .. 40 11 11 2,147 10 5 Depreciation .. 214 15 0 — 1,932 15 5 Coal (joargo afloat) .. 290 18 3 Stocks on hand .. .. 2,499 1110 Stocks Suspense Account .. 580 4 7 3,370 14 8 Sundry debtors .. .. .. 13,709 14 5 19,013 4 6 Christchurch Depot Property Account — Balance at 31st March, 1922 3,250 19 2 Less sales .. .. 11 18 8 3,239 0 6 Depreciation .. 161 19 0 3,077 1 6 Stocks on hand .. ' .. 1,990 4 7 Stocks Suspense Account .. 480 3 1 2,470 7 8 Sundry debtors .. .. .. 832 17 1 6,380 6 3 Wanganui Depot Property Account — Balance at 31st March, 1922 1,248 111 Depreciation .. 127 10 2 1,120 11 9 Stocks on hand .. .. 1,089 11 7 Stocks Susponso Account .. 190 11 2 1,280 2 9 Sundry debtors .. .. .. 3,886 5 7 6,287 0 1 Suspense Account .. .. .. .. .. 23 11 2 Sinking Fund Investment Account .. .. .. 24,980 0 0 Investment Account (ordinary) .. .. .. 10,000 0 0 1 Interest on investments aoorued .. .. .. 131 10 2 Contracts Deposit Account .. .. .. .. 30 0 0 Coal Purchased Suspense Account — Cost value of coal on hand, 31st March, 1923 .. 75 12 10 Cash in hand and in Public Account at 31st March, 1923 19,580 0 9 £359,789 18 4 £359,789 18 4 State Coal-mines Office, Wellington, 9th July, 1923. G. Jas. Andeeson, P. G. Peabce, Accountant. Minister of Mines. 0 0 i. . i ■' ■ - '

I hereby certify that the attached Working and Profit and Loss Accounts of Depots and Colliery, General Profit and Loss Account, Statement of Receipts and Payments, and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—G. F. C. Campbell, Controller and Auditor-General.

Statement of General Profit and Loss Account foe the Year ended 31st March, 1923. Dr. £ s. d. £ s. d. Or. £ s. d. £ s. d To Liverpool Colliery Trade Ex- By Liverpool Colliery Working penses Account 105,084 9 6 Account —Gross profit .. 113,451 3 4 Wellington Depot Trade Ex- Wellington Depot Trading Acpenses Account .. .. 9,181 11 0 count—Gross profit .. 10,929 8 3 Christchurch Depot Trade Ex- Christchurch Depot Trading penses Account .. .. 5,515 10 7 Account —Gross profit .. 4,468 9 3 Wanganui Depot Trade Ex- Wanganui Depot Trading Acpensos Account .. .. 2,086 7 3 count—Gross profit .. 2,009 13 8 Wellington Depot—Bad debt 33 2 9 Seddonville Colliery—Recoveries 63 9 6 121,901 1 1 Point Elizabeth Colliery—ReBalance —Profit for year carried down .. 10,421 1 2 coveries .. .. 659 9 0 Liverpool Colliery—Rents .. 504 16 11 132,086 9 11 Interest on investments .. .. .. 235 12 4 £132,322 2 3 £132,322 2 3 Sinking Eund Account for redemption of loan £ s. d . .....'., . . .. £ s. d. capital., .. .. .. 4,552 0 0 Balance—Profit for year 1922-23 .. .. 10,421 1 2 ' Balance—-Net profit for year .. .. 5,869 12 £10,421 1 2 £10,421 1 2

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