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NEW ZEALAND STATE COAL-MINES. Balance-sheet. Statement of Liabilities and Assets as at 31st March, 1924. Liabilities. £ s. d. £ S. d. Assets. £ 9, d. £ s. d. £ s. d. Loan under Coal-mines Liverpool Colliery and DevelopAct, 1908 .. .. 150,000 0 0 nient Property AccountLoan under Coal-mines Balance at 31st March, Act, 1908, and Appro- 1923 .. .. .. 78,949 19 5 priation Act, 1912 .. 25,000 0 0 Additions during tbe year .. 13,243 16 11 New Zealand Consolidated Inscribed Stock 52,001 0 7 92,193 16 4 227,001 0 7 Depreciation.. .. 9,219 7 8 Debenture sinking fund .. 35,406 16 0 82,974 8 8 Accrued interest .. .. 3,880 I 9 Machinery, plant, ropes, anil Sundry creditors — rolling-stock — Liverpool Colliery .. 14,089 18 0 Balance at 31st March, James Colliery " .. 2,734 10 7 1923 .. .. 38,104 13 2 Wellington Depot .. 654 3 I Additions during the year 3,601 II I Christohuroh Depot .. 1,038 2 10 Wanganui Depot .. 501 7 2 41,706 4 3 19,018 8 2 Depreciation.. .. 4,176 12 5 Reserves — 37,589 II 10 General Reserve .. 75,853 2 2 Buildings at mine— Bad-debts Reserve .. 538 8 3 Balance at 31st March, 70,391 10 5 1923 .. .. 3,96] 2 11 Contracts Deposit Ac- Additions during the year 101 10 0 count ...... 890 0 0 Stocks, &c, written off 4,062 12 II Suspense Account .. .. 2,113 .13 10 Depreciation.. .. 406 5 4 General Profit and Loss 3,050 7 7 Account— Cottages at mine— Net profit for year .. .. 15,742 3 10 Balance at 31st March, 1923 .. .. 0,710 2 5 Additions .. .. 102 13 2 0,818 15 7 Depreciation .. .. 681 17 7 6,130 18 0 Coal (oargo afloat) .. 1,329 0 9 Coal (stock oil hand at mine and wharf) .. .. 2,754 14 10 Stores (stock on hand) .. 8,501 18 8 12,586 0 3 Stocks, &c., Suspense Account ... 466 6 11 Sundry debtors .. .. ..- 4,004 I o 147,473 14 3 James Colliery and Development Property Account— Cost at 31st March, 1923 .. 35,137 10 I Additions during the year .. 879 19 2 30,017 9 3 Depreciation .. .. 3,601 14 II 32,415 14 4 Machinery, plant, ropes, and rolling-stock— Cost at 31st Mnrch, 1923.. 10,973 7 11 Additions during the year 1,386 3 0 12,359 10 11 Depreciation.. .. 1,235 19 1 11,123 11 10 Buildings at mine— Cost at 31st March, 1923.. 477 3 7 Additions during the year 057 12 3 1,134 15 10 Depreciation .. .. 113 9 7 1,021 6 3 Preliminary Expenses Account ..' .. .. .. 1,103 8 0 Coal (stock on hand at mine and wharf) .. .. 1,079 4 7 Stocks Suspense Account .. 96 9 0 1,175 13 7 Sundry debtors .. .. .. 8 2 1.0 40,847 17 4 Carried forward .. .. 381,649 15 1 ! 194.321 11 7