C—2A,

12

NEW ZEALAND STATE COAL-MINES—continued. Table showing the Position of the State Coal-mines Account from Inception to 31st March, 1929.

TnHl ranitnl Total Amount oi , , Liabilities as per Name of Works. IxpLditire! Balance-sheet 1 ! 1929. Profits. Net Losses. Balance-sheet, £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Point Elizabeth Colliery .. 98,210 9 0 Less sales and loss by fire .. 2,291 6 11 95,919 2 1 95,919 2 1 .. 147,583 4 11 Liverpool Colliery .. .. 298,570 4 8 Less sales and loss by fire, &c. 3,644 13 3 294,925 11 5 190,817 18 4 104,107 13 1 66,270 17 4 .. 10,081 4 4 Seddonville Colliery .. 38,243 2 5 Less sales .. .. 548 17 0 37,694 5 5 37,694 5 5 .. .. 37,451 12 1 Briquette-works property .. 16,135 2 6 Less sales of plant .. 2,066 5 0 14,068 17 6 14,068 17 6 .. .. 22,660 18 10 Prospecting on State Coal 113 11 10 .. 113 11 10 .. Reserve Plant, buildings, &c., on hire .. 4,763 5 4 1,137 3 0 3,626 2 4 61 13 6 Charming Creek prospecting .. 5,956 18 6 5,956 18 6 .. .. 5,954 11 8 James Colliery .. .. 66,628 0 6 Less sales and transfers, &c. 475 14 6 66,152 6 0 20,654 14 6 45,497 11 6 .. 221 3 0 4,668 19 4 MacDonald Colliery .. 89,481 18 11 2,980 6 9 86,501 12 2 .. 2,859 11 4 Wellington Depot property .. 18,906 1 5 Less sales and transfers .. 863 14 9 18,042 6 8 7,702 3 3 10,340 3 5 .. 4,120 0 9 1,275 16 3 Christchurch Depot property.. 13,298 4 1 Less sales and loss on horses, 253 19 0 &c. 13,044 5 1 7,331 7 9 5,712 17 4 7,621 13 6 .. 2,306 7 4 Wanganui Depot property .. 3,731 15 3 Less sales and loss on horses, 174 12 5 &c. 3,557 2 10 2,640 9 5 916 13 5 .. 740 3 4 159 4 0 Dunedin Depot property .. 2,023 3 7 Less sale of plant . . 641 10 0 1,38113 7 1,381 13 7 .. .. 4,248 3 5 Hulks property .. .. 4,033 15 5 Less sales .. .. 1,948 17 0 2,084 18 5 2,084 18 5 .. 1,786 12 11 Office furniture .. .. 189 13 9 Less sales .. .. 17 5 0 172 8 9 172 8 9 .. .. 172 8 9 Grand total .. 660,285 7 2 Less losses and sales 12,926 14 10 647,358 12 4 390,542 7 3 256,816 5 1 Royalties (from 1/4/28 only).. .. .. .. 3,384 3 9 Interest on investments .. .. .. .. 15,107 13 11 Discounts .. .. . . .. .. .. 13 2 9 Cash lost (highway robbery) .. . . .. .. .. 89 0 1 Totals, profit and loss .. .. .. .. 241,835 2 7 78,517 13 3 Balance, profits over losses .. .. .. .. .. 163,317 9 4 241,835 2 7 241,835 2 7 Carried forward .. .. •• 256,816 5 1 .. .. 18,491 11 3