NEW ZEALAND STATE COAL-MlNES—continued. -, Balance-sheet as at 31st Maech, 1932. Liabilities. Assets. Loan capital— £ s. d. £ s, d. Collieries. £s. d. £ s. d. Securities at 3 \ per cent. .. .. .. .. .. 416 13 4 Development and Property Accounts .. .. .. 107,809 10 0 Securities at 4 per cent. .. .. .. .. •■ 141,266 13 4 '• Machinery, plant, ropes, and rolling-stock .. .. .. 36,520 11 1 141,683 6 8 Electrical plant (James Colliery) .. .. .. .. 4,482 15 0 Accrued interest on loan capital .. .. .. .. .. 2,109 4 6 Buildings at mines ... .. .. .. .. 5,960 4 9 Departmental. Sundry. Cottages at mines .. ... .. .. .. .. 4,902 15 11 Sundry creditors — £ s. d. £ s. d. Plantations at mines .. .. .. ~ .. 2,506 3 1 Liverpool Colliery.. .. .. 1,222 0 3 5,971 4 7 7,193 410 Coal stocks (bins, wharf, and afloat) .. .. .. .. 4,648 7 8 James Colliery .. .. .. 173 8 0 4,913 710 5,086 15 10 , Stores on hand .. .., .. .. .. .. 8,412 14 10 Mac Donald Colliery ....... 10 16 8 10 16 8 175,243 2 4 Wellington Depot .. .. 40 0 2 463 9 0 503 9 2 Plant, equipment, &c, on hire .. .. .. .. .. 1,292 15 5 Christchurch Depot .. .. 2,109 11 3 151 8 7 2,260 19 10 - Depots— Wanganui Depot .. .. .. 47 16 3 40 10 4 88 6 7 Property Accounts .. ■■.. .. .. .. 12,524 2 5 Stocks and stores on hand ... .. .. .. 15,579 7 10 3,592 15 11 11,550 17 0 15,143 12 11 28,103 10 3 Deposits on contracts.. .. .. .. .. .. ..* 1,150 0 0 . Prospecting on State Coal Reserve .. .. .. .. .. 3,486 11 4 Sinking Fund .. .. .. .. .. .. .. 7,990 5 6 Sinking Fund investments .. .. .. '.. .. .. 7,990 5 6 Reserves— Housing advances to workmen .. .. .. .. 9,153 14 3 General Reserve .. .. .. .. .. .. 134,157 6 4 Interest accrued due .. .. .. .. .. 153 14 4 Bad Debts Reserve .. .. .. .. .. 856 2 10 . 9,307 8 7 Accident Insurance Reserve .. .. .. .. .. 7,213 8 4 Investments (ordinary) .. .. .. .. .. 39,300 0 0 142,226 17 6 Interest accrued due .. .. .. .. .. 357 1 4 General Profit and Loss Account— Departmental. Sundry. 39,657 1 4 Net profit for year .. .. .. .. .. .. .. 3,146 410 Sundry debtors— £ s. d. £ s. d. Liverpool Colliery .. : .. .. 526 14 3 3,527 16 7 4,054 10 10 James Colliery .. .. .. .. 176 9 4 176 9 4 Mac Donald Colliery .. .. .. 971 19 4 971 19 4 Wellington Depot .. .. ..214 16 7 28,257 17 1 28,472 13 8 Christchurch Depot .. .. 37 16 5 3,297 15 1 3,335 11 6 Wanganui Depot .. ... .. 110 8 2 3,344 111 3,454 10 1 : 889 15 5 39,575 19 4 40,465 14 9 Less provisionally written off .. .. .. .. 30 19 9 40,434 15 0 Cash in Receiver-General's Deposit Account .. .. .. . . 1,150 0 0 Cash in Public Account .. .. .. .. .. .. 6,784 22 £313,449 11 11 £313,449 11 11 State Coal-mines Office, Wellington, 9th July, 1932. Chas. E. Macmillan, A. W. Gyles, A.R.A.N.Z., Accountant. Minister of Mines. I hereby certify that the attached Working and Profit and Loss Accounts of Depots and Collieries, General Profit and Loss Account, and Balance-sheet have been dulv examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. —J. H. Fowler, Deputy Controller and Auditor-General. - ~

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