B.—l [PT. IV, Sup.

30

PUBLIC WORKS DEPARTMENT—continued. ACQUISITION AND OPERATION OE QUARRIES (PUBLIC WORKS FUND) : TAURAROA QUARRY. Trading Account and Profit and Loss Account from Commencement of Operations (November, 1924) to 31st March, 1925. Trading Account. Dr. £ s. d. Gr. £ s. d. £ s. d. To Running stores and coal on hand, Ist November, By Sales of metal — 1924 .. .. .. .. .. 2,308 17 0 ' Transfers to works .. .. 8,879 7 3 Miscellaneous tools and equipment on hand, Ist Other sales .. .. .. 561 6 6 November, 1924 .. ..• .. 1,516 7 0 9,440 13 9 Operating-expenses— £ s. d. Stocks of metal on hand .. .. 57 10 9 Quarrying (including stripping) 3,333 4 8 Running stores on hand — Crushing .. .. 2,637 18 1 Stores .. .. .. 682 411 5,971 2 9 Coal .. .. .. 67 1 0 Royalties on land .. .. .. .. 4 4 4 749 5 11 Balance transferred to Profit and Loss Account, Miscellaneous tools and equipment on hand .. 1,032 3 6 being gross profit for period .. .. 1,479 210 £11,279 13 11 £11,279 13 11 Profit and Loss Account. Dr. £ s. d. Gr. £ s. d. To Salaries .. .. .. .. .. 171 3 4 By Trading Account (gross profit) .. .. 1,479 210 Accident pay .. .. .. .. 15 5 5 Hire of and depreciation on machinery, &c. .. 236 19 6 Depreciation, sidings, trams, buildings, &c. .. 323 14 10 Interest on capital .. .. . . .. 24 14 7 Balance .. . . .. .. .. 707 5 2 £1,479 2 10 £1,479 2 10 Note. —The following charges have been included for which no parliamentary appropriation is held : (a) Interest at 4£ per cent, has been charged on net payments to 31st March, 1925 ; (b) depreciation on value of fixed assets has been provided for. Balance-sheet as at 31st March, 1925. Liabilities. Assets. Head Office Account— £ s. d. £ s. d. Value of land, sidings, tramways, and buildings after Capital advanced .. ..1,815 2 6 providing for depreciation— £ s. d. £ s. d. Interest on capital .. .. 24 14 7 Land .. .. .. 40 15 8 1,839 17 1 Sidings .. .. .. .. 203 18 2 Sundry creditors .. .. .. 2,442 12 1 Girders .. .. .. .. 334 8 3 Profit and Loss Account .. .. .. 707 5 2 Rails .. .. .. .. 251 12 11 Sleepers .. .. .. .. 377 2 0 Service rails .. .. .. 281 5 0 Buildings .. .. .. 683 1 5 Worker's accommodation .. . . 434 2 3 ■ 2,606 5 8 Stock of metal on hand .. .. .. 57 10 9 Running stores—• Stores .. .. .. .. 682 4 11 Coal . . .. .. .. 67 1 0 749 5 11 Tools and equipment. . .. .. .. 1,032 3 6 Sundry debtors .. .. .. .. 544 8 6 £4,989 14 4 £4,989 14 4