5

C.—2a.

NEW ZEALAND STATE COAL-MINES. Balance-sheet. Statement of Liabilities and Assets as at 31st March, 1926. Liabilities. £ s. d. £ s. d. Asset*. £ 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- 1925 .. .. .. 69,949 3 9 priation Act, 1912 .. 25,000 0 0 Additions during the year .. 4,682 18 2 New Zealand Consoli- — dated Inscribed Stock 52,601 0 7 74,632 1 11 — 227,601 0 7 Depreciation .. .. 5,302-15 3 Debenture sinking fund .. 48,198 11 8 69,329 6 8 Accrued interest .. .. 3,886 1 8 Machinery, plant, ropes, and Sundry creditors — rolling-stock— Liverpool Colliery .. 7,977 12 4 Balance at 31st March, James Colliery .. 1,915 19 5 1925 .. .. 34,598 19 6 Wellington Depot .. 789 11 3 Additions during the year 3,149 10 10 Christchureh Depot .. 2,220 16 0 — Wanganui Depot .. 337 14 10 37,748 10 4 — 13,241 13 10 Depreciation .. .. 3,689 0 2 Reserves— 34,059 10 2 General Reserve .. 64,952 5 9 Buildings at mine— Bad-debts Reserve .. 424 5 0 Balance at 31st March, ■ 65,376 10 9 1925 .. .. 3,868 17 6 Contracts Deposit Ac- Additions during the year 477 1 10 count .. .. .. 990 0 0 ———•— Unclaimed Wages, &c., 4,345 19 4 in Suspense .. .. 2 4 6 Depreciation .. .. 408 5 10 Stocks, &c., writing-off 3,937 13 6 Suspense Account .. .. 4,134 11 10 Cottages at mine— General Profit and Loss Balance at 31st March, Account— 1925 .. .. 5,451 4 2 Net profit for year .. .. 1,863 4 8 Additions .. .. 458 17 7 5,910 1 9 Depreciation .. .. 576 4 8 5,333 17 1 Plantation at mine— Cost as at 31st March, 1925 1,094 15 0 Additions .. .. 294 6 11 — — 1,389 1 11 Writing-off Suspense .. .. 134 2 9 Coal (stock on hand at mine and wharf) .. .. 4,814 0 9 Stores (stock on hand) .. 8,529 111 13,343 2 8 Stock Suspense Account .. .. 22 10 0 Sundry debtors .. .. .. 5,187 411 132,736 9 8 James Colliery and Development Property Account— Balance at 31st March, 1925 29,602 13 9 Additions during the year .. 2,245 9 4 31,848 3 I Depreciation .. . . 1,592 8 2 -30,255 14 11 Machinery, plant, ropes, and rolling-stock — Balance at 31st March, 1925 .. .. 11,028 410 Additions during the year 948 0 6 11,976 5 4 Depreciation .. .. 1,147 17 5 —10,828 7 11 Buildings at mine— Balance at 31st March, 1925 .. .. 1,243 2 9 Additions during the year 75 12 4 1,318 15 1 Depreciation .. .. 128 2 10 | ——- 1,190 12 3 Cottages at mine .. .. .. 6 2 0 Preliminary Expenses Account .. .. .. .. 1,103 8 6 Coal stocks .. .. 664 9 2 Stocks Suspense Account .. 124 13 0 Sundry debtors .. .. 379 10 4 1,168 12 6 —— 44,552 18 1 Prospecting on State Coal Reserve .. .. .. .. .. 146 4 1 Carried forward .. .. £365,293 19 6 i £177,435 11 01