C—2a

Balance-sheet as at 31st March, 1946 Liabilities £ Assets Loan capital: Securities at 4 per cent. .. .. .. 1,849,751 Collieries— £ £ Sundry creditors .. .. .. .. 331,292 Development and Property Accounts .. .. 486,733 Deposits on contracts .. .. .. .. .. 1,620 Machinery, plant, ropes, and rolling-stock .. 439,755 Debt Redemption Reserve: Applied for redemption of capital 36,628 Buildings at mines. . .. .. .. 126,043 Reserves— Cottages at mines .. .. .. .. 175,489 General Reserve .. .. .. .. .. 124,226 Plantations at mines .. .. .. 632 Accident Insurance Reserve .. .. *. .. 55,137 Shares .. .. .. .. .. 105 Bad Debts Reserve .. .. .. .. .. 1,672 Coal stocks (bins, wharf, and afloat) .. .. 10,557 Stores on hand .. .. .. .. 121,990 1,361,304 Less provisionally written off .. .. 1,859 Coal purchased (stocks) : Wharf and afloat .. .. 776 I Opencast mining : Works in progress .. .. .. 212,370 I Briquetting: Preliminary expenses .. .. .. 582 Prospecting on State coal reserve .. .. .. 25,316 Plant, equipment, &c., on hire . . .. 106,108 Less provisionally written off .. .. 15 Depots— 106,093 Property Accounts .. .. .. .. 12,966 Stocks and stores on hand .. .. .. 8,720 21,686 Less provisionally written off .. -. 3,481 Housing advances to workmen .. .. 61,810 Interest accrued and due .. .. .. 709 Miscellaneous advances .. .. .. .. 15,264 Sundry debtors .. .. .. .. 516,443 Less provisionally written off .. .. 771 ' 515,672 £2,400,326 Cash in Receiver-General's Deposit Account .. .. 1,620 ' ' Cash in Public Account .. .. .. 6,993 State Coal-mines Office, Imprests outstanding 38,843 Wellington 0 1. Cash in Loans Redemption Account .. .. .. 36,628 H. H. Gibson; J. O'Brien, £2,400,326 Accountant. Minister of Mines. — <■ > ■ ■ v

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