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NEW ZEALAND STATE COAL-MINES. Balance-sheet. Statement of Liabilities and Assets as at 31st March, 1925. Liabilities. £ s. d. £ s. d. Assets. £ s. d. £ s. d. £ s. d. Loan under Coal-mines Liverpool Colliery and DevelopAct, 1908 .. .. 150,000 0 0 ment Property Account— Loan under Coal-mines Balance at 31st March, Act, 1908, and Appro- 1924 .. .. .. 82,974 8 8 priation Act, 1912 .. 25,000 0 0 Additions during the year 14,996 18 8 New Zealand Consoli- - dated Inscribed Stock 52,601 0 7 97,971 7 4 ———227,601 0 7 Depreciation .. .. 28,022 3 7 Debenture sinking fund .. 41,668 12 2 ——69,949 8 9 Accrued interest .. .. 3,886 1 9 Machinery, plant, ropes, aiul Sundry creditors — rolling-stock— Liverpool Colliery .. 9,195 211 Balance at 31st March, 1924 37,589 11 10 James Colliery .. 2,629 19 3 Additions during the year 853 14 3 Wellington Depot .. 527 19 8 Christchurch Depot .. 1,329 17 7 38,443 6 1 Wanganui Depot .. 240 810 Depreciation .. .. 3,844 6 7 13,923 8 3 34,598 19 6 Reserves — Buildings at mine— General Reserve .. 67,359 12 7 Balance at 31st March, Bad-debts Reserve .. 368 10 3 1924 .. .. 3,656 7 7 67,728 2 10 Additions during the year 642 7 5 Contracts Deposit Account .. .. .. 1,010 0 0 4,298 15 0 Stocks, &c., writing-off Depreciation .. .. 429 17 6 Suspense Account .. .. 1,129 18 3 _ — 3,868 17 6 General Profit and Loss Cottages at mine— Account' — Balance at 81st March, 1924 6,136 8 0 Net profit for year .. .. 821 3 0 Less loss by fire .. 80 0 0 6,056 18 0 Depreciation .. .. 605 13 10 — — 5,451 4 2 Plantation at mine .. .. 1,094 15 0 Coal (cargo afloat) .. 347 11 1 Coal (stock on hand at mine andwharf) .. .. 3,268 12 9 • Stores (stock on hand) .. 13,585 17 5 17,202 1 3 Stock Suspense Account .. .. 79 15 8 Sundrv debtors .. .. .. 5,102 12 5 137,347 9 3 James Colliery and Development Property Account- — Balance at 31st March, 1924 32,415 14 4 Additions during the year .. 476 3 2 32,891 17 6 Depreciation.. .. 3,289 3 9 — 29,602 13 9 Machinery, plant, ropes, and rolling stock — Balance at 31st March, 1924 11,123 11 10 Additions during the year 1,130 0 2 12,253 12 0 Depreciation.. .. 1,225 7 2 — 11,028 4 10 Buildings at mine— Balance at 31st March, 1924 1,021 6 3 Additions during the year 359 19 0 1,381 5 3 Depreciation .. 138 2 6 1,243 2 9 I Cottages at mine .. .. .. 6 2 0 Preliminary Expenses Account .. .. .. .. 1,103 8 6 Coal stocks .. .. 297 11 6 Coal stocks (cargo afloat) .. 135 5 9 Stocks Suspense Account .. 239 7 0 672 4 3 Sundry debtors .. .. .. 346 0 9 44,001 16 10 Mac Donald Colliery and Development Property Account— Cost at 31st March, 1924 .. 68,214 9 8 Additions during the year .. 2,875 16 8 , 71,090 6 4 Machinery, plant, and rol-ling-stock— Cost at 31st March, 1924 4,083 8 9 Less sales during the year 1,152 14 11 2,930 13 10 Buildings at mine— Cost at 31st March, 1924 .. 479 17 3 Cottages at mine— Cost at 31st March, 1924 2,199 5 6 Less recoveries during the year .. 66 2 0 -2,133 3 6 Carried forward .. 357,768 6 10 181,349 6 1