15

C.—2A,

NEW ZEALAND STATE COAL-MINES—continued. Table showing the Position of the State Coal-mines Account from Inception to 31st March, 1941.

I I <1 I Tntjil fnnttni Total Amount of ; Assets as per Liabilities as per Namo of Works. F Depreciation Balance-sheet, 31st i Net Profits. Net Losses. Balance-sheet, Jixpenoiturc. written oil. ; March,1941. | 31st March, 1941 £ £ £ £ £ Point Elizabeth Colliery .. 98,210 Less sales and loss by fire .. 2,291 95,919 95,919 .. 147,583 Liverpool Colliery .. .. 345,695 Less saleB, transfers, &c. .. 9,555 336,140 269,129 67,011 62,908 Seddonville Colliery . . 38,243 Less sales .. . . 549 37,694 37,694 .. .. 36,822 Briquette-works property .. 16,135 Less sales .. . . 2,066 14,069 14,069 .. .. 22,661 Prospecting on State eoal reserve 12,799 Less transfers .. .. 10,898 1,901 916 985 Strongman Colliery .. .. 221,610 Less sales, transfers, &c. .. 19,589 202,021 8,330 193,691. .. 5,886 Plant, buildings, &c., on hire.. 7,801 Less sales, transfers, &c. .. 4,043 3,758 3,209 549 644 Charming Creek prospecting .. 5,957 5,957 .. .. 5,545 James Colliery .. .. 74,448 Less sales, transfers, &c. .. 3,731 70,717 65,648 5,069 .. 10,810 MacDonald Colliery .. 93,600 Less recoveries . . . . 756 92,844 49,149* 43,695 .. 26,752 Mangapehi Colliery . . . . 21,509 Less sales, transfers, &o. .. 147 21,362 422 20,940 .. 184 Tatu Colliery .. .. 19,738 Less sales, transfers, &c. . . 595 19,143 .. 19,143 Wellington Depot .. .. 21,667 Less sales and transfers . . 898 20,769 14,061 6,708 5,499 Christchurch Depot . . .. 16,416 Less sales and loss on horses 466 15,950 12,318 3,632 20,621 Wanganui Depot .. .. 3,736 Less sales, loss on horses, 309 transfers, &c. 3,427 3,364 63 .. 2,264 Dunedin Depot .. . . 2,023 Less sales .. . . 641 1,382 1,382 .. .. 4,248 Hulks property .. . . 4,034 Less sales . . .. 1,949 2,085 2,085 .. 1,787 Office furniture . . . . 190 Less sales . . • . 17 . 173 173 .. 173 | Grand total .. 1,003,811 Less sales, transfers, 58,500 &c. — £945,311 £583,825 £361,486 Carried forward . . .. .. 361,486 239,042 115,348 * Includes interest (£30,285 19s. 10(1.) capitalized from date of purchase to date lease was granted—now written oil.