C.-2A.

NEW ZEALAND STATE COAL-MINES— continued. Table showing the Position of the State Coal-mines Account from Inception to 31st March, 1932— continued.

Approximate Cost of Paper. —-Preparation, not given; printing (475 copies), £19.

By Authority : W. A. G. Skinner, Government Printer, Wellington.-—1932.

Price 6d.]

13

Tntoi r'„T,n-,,i Total Amount ot «„„*■„„„„ I Liabilities as per Name of Works. P Ba >^«-^ 1982 - Net Proflt3 - Net Losses. Balance-sheet, £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. 179,485 9 0 205,293 9 5 118,624 4 11 15,143 12 11 Royalties (from 1st April, 1928, .. .. .. 17,410 13 5 only) Interest on investments .. .. .. .. *49,249 16 1 Discounts .. .. .. .. .. .. 13 2 9 Cash lost (highway robbery) .. .. .. .. .. 89 0 1 Transfer to Accident Insurance .. .. .. .. 2,960 0 0 Reserve Refund — Mines Department, .. .. .. .. 5,000 0 0 1931-32 (administrative expenses incurred in previous years) Total, profit and loss .. .. .. .. 271,967 1 8 126,673 5 0 Balance —Profits over losses .. j .. .. .. .. 145,293 16 8 I £271,967 1 8 £271,967 18 i — Stocks on hand less provision- ; .. .. 28,640 10 4 flally written off Investments (ordinary) .. .. ,. 39,300 0 0 Interest on investments accrued .. .. 357 14 Sinking Fund investments .. .. .. 7,990 5 6 Sundry debtors .. .. .. .. 40,434 15 0 Cash in Public Account .. I .. .. 6,784 2 2 Cash in Receiver-General's De- .. .. 1,150 0 0 posit Account Housing advances to workmen .. .. 9,307 8 7 and accrued interest Loan Account .. .. .. .. .. .. .. 141,683 6 8 Bad-debts Reserve .. .. .. .. ... .. .. 856 2 10 Accrued interest payable .. .. .. .. .. .. 2,109 4 6 Sinking Fund " .. .. .. .. .. 7,990 5 6 .. 7,990 5 6 General Reserve .. .. .. .. .. 134,157 6 4 .. 134,157 6 4 General Profit and Loss Account .. .. .. 3,146 4 10 .. 3,146 4 10 Deposits on contracts .. .. .. .. .. .. 1,150 0 0 Accident Insurance Reserve .. .. .. .. .. .. 7,213 8 4 £313,449 11 11 £145,293 16 8 .. £313,449 11 11 * Includes interest on sinking fund investments.