✨ State Coal-mines Financial Statement
NEW ZEALAND STATE COAL-MINES.
Balance-sheet of Seddonville Mine at 31st March, 1905, as required by the Audit Office in accordance with Section 14 of “The State Coal-mines Act, 1901.”
Liabilities. Assets.
£ s. d. £ s. d. £ s. d. £ s. d. £ s. d.
To Proportion of debentures allocated to Seddonville Mine .. 80,785 11 9 By Seddonville Mine—
Proportion of sundry creditors .. .. .. 2,213 18 1 Cost at 31st March, 1904 .. .. 24,376 10 10
Proportion of accrued interest payable .. .. .. 1,050 0 0 Less stocks stores coal .. .. .. 434 8 11
———————— ———————— ————————
84,049 9 10 23,942 1 11
Additional outlay during year .. .. .. 4,942 6 8
———————— ————————
28,884 8 7
Less depreciation 10 per cent. .. .. .. 2,888 8 10
———————— ————————
25,995 19 9
Stores (stock on hand) .. .. 270 9 4
Coal (stock on hand at mine) £97 17 0
“ (stock on hand at wharf and
afloat) .. .. 546 18 9
———————— ————————
644 15 9 915 5 1 26,911 4 10
Hulks property account cost .. .. .. .. 2,600 0 0 23800
Less depreciation 10 per cent. .. .. .. 260 0 0
———————— ————————
2,340 0 0
Proportion Greymouth office furniture .. .. 112 17 6
Wellington .. .. 38 13 3
———————— ————————
151 10 9
Less depreciation 10 per cent. .. .. .. 15 3 1
———————— ————————
136 7 8
Proportion of sundry debtors .. .. .. .. 2,403 2 9
Balance in hand State Coal-mines Account .. .. 97,949 4 10
Less vouchers outstanding .. .. .. 7,414 9 10
———————— ————————
90,534 15 0
Proportion allocated to Seddonville Mine .. .. .. .. 45,267 7 6
Balance of profit and loss account .. .. 6,109 1 0
Add balance brought forward .. .. 882 6 1
———————— ————————
6,991 7 1
£84,049 9 10 £84,049 9 10
Next Page →
NZ Gazette 1905, No 83
✨ LLM interpretation of page content
🏢 Balance-sheet of Seddonville Mine as at 31st March 1905
🏢 State Enterprises & InsuranceState Coal-mines Act 1901, Balance-sheet, Seddonville Mine, Financial statement, Audit Office, Greymouth, Wellington