C—2a

Blackball Sawmill Working Account for the Year Ended 31st March, 1949 £ £ Sales of timber .. .. .. .. .. 9,174 Purchase of logs .. .. .. .. 2,395 Bush work .. .. .. .. .. .. 1,591 Sawing and dressing .. .. .. .. 2,827 Repairs and maintenance .. .. .. .. 569 Mill yard expenses .. .. .. .. .. 311 Workers' compensation premium .. .. .. 390 Transport from mill .. .. .. .. .. 146 Housing levy .. .. .. .. .. 134 8,363 Less stocks on hand, 31st March, 1949 .. .. 200 8,163 Gross profit .. .. .. .. .. £l,Oll Profit and Loss Account £ £ Depreciation .. .. .. .. .. 815 Salaries .. .. .. .. .. .. 555 General expenses .. .. .. .. .. 100 1,470 Less rents received .. .. .. .. 27 1,443 Net loss : To General Profit and Loss Account .. .. £432 Mac Donald Colliery Profit and Loss Account for the Year Ended 31st March, 1949 £ £ Royalties received .. .. .. .. .. 3,310 Rents received .. .. .. .. .. 180 3,490 Less depreciation .. .. .. .. .. 603 Net profit: To General Profit and Loss Account .. £2,887

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