27

B.—l TPT. IY, SUP. B

MINES DEPARTMENT—continued. THE COAL-MINES ACT, 1925. Revenue Account for the Yeae ended 31st Mabch, 1926. Dr. £ s. d. Cr. £ s. d. To State Forest Service .. .. .. 150 6 4 By Rents and royalties from licenses under the National endowment .. .. .. 711 8 8 Coal-mines Act .. .. .. 25,319 8 5 Primary-education endowments .. .. 883 11 0 Secondary-education endowments .. .. 137 4 3 Land for Settlements Account .. .. 74 0 6 . Greymouth Harbour Board .. .. 1,754 12 9 New Plymouth Harbour Board .. .. 0 8 6 Westport Harbour Account .. .. 15,199 11 2 Territorial revenue carried down .. .. 6,408 5 3 £25,319 8 5 £25,319 8 5 Net Revenue Account. Dr. £ s. d. Cr. £ s. d. To Salaries .. .. .. .. .. 211 810 By Territorial revenue brought down .. .. 6,408 5 3 Depreciation .. .. .. ..14 8 Commission on collections .. .. .. 458 16 6 Printing and stationery .. .. .. 100 0 0 Postages .. .. .. .. 25 0 0 Balance .. .. .. .. 6,529 8 3 £6,867 1 9 £6,867 1 9 Note. —The Revenue Account includes rents for period Ist July, 1925, to 30th June, 1926, and royalties for period Ist January, 1925, to 31st December, 1925. Balance-sheet as at 31st March, 1926. Liabilities. £s. d. Assets. £ s. d. £s. d. Capital .. .. .. .. .. 59,534 4 1 Land.. .. .. .. .. 4,349 0 0 Treasury Adjustment Account . . 30,207 3 8 Buildings .. .. . . .. 378 1 6 Depreciation Reserve .. .. .. 6,224 17 4 Furniture and fittings .. .. .. 1,362 6 9 Sundry creditors .. .. .. .. 15,008 15 6 Mechanical appliances .. .. .. 391 411 Deposits on coal leases, &c. .. .. .. 4,582 18 8 Instruments .. .. .. .. 520 5 9 Receipts, being proportion of consideration on Plant and machinery .. .. 1,277 19 2 assignment of coal leases .. .. .. 75 0 0 Less provisionally written off .. 768 3 4 — 509 15 10 Library, maps, &c. .. .. .. 5,844 5 1 Mineral collections .. .. .. 7,190 15 10 Motor-cars .. .. .. .. 593 18 5 Drills and equipment .. ..11,292 2 5 Less provisionally written off .. 18 16 9 11,273 5 8 Water-races .. .. .. .. 10,909 2 0 Loans to oil-boring companies and others .. .. .. 17,779 14 10 Less reserve .. .. .. 5,000 0 0 12,779 14 10 Sundry debtors .. .. 8,986 17 8 Less provisionally written off .. 3,033 210 5,953 14 10 Rents accrued but not due .. .. 11 16 2 Stores and stocks on hand .. 133 9 5 Less provisionally written off .. 10 0 132 9 5 Suspense Account .. .. .. 3 7 0 Cash in hands of Receivers .. 13,082 7 3 Less in Suspense .. .. 773 2 4 12/309 4 11 Deficiency for year— Mines Department .. .. 40,639 7 4 Geological Survey .. .. 7,010 11 3 47,649 18 7 Less profit from coal revenue 6,529 8 3 41,120 10 4 £115,632 19 3 £115,632 19 3 G. Jas. Anderson, Minister of Mines. 2nd July, 1926. P. G. Peaece, Accountant. I hereby certify that the Income and Expenditure Account 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, subject to the above departmental note.—G. F. C. Campbell, Controller and Auditor-General.