✨ Financial Statements
Point Elizabeth Colliery Profit and Loss Account for the Year ended 31st March, 1905.
Dr. Cr.
To Coal-winning— £ s. d. By Sales of coal £ s. d.
Wages .. .. .. .. .. .. 21,702 18 2 Stock at mine .. .. .. .. .. 603 0 0
Materials used .. .. .. .. .. .. 622 0 6 Stock at wharf and afloat .. .. .. .. .. 502 0 5
Stores .. .. .. .. .. .. 1,152 17 0 ____
23,477 15 8 1,105 0 5
Management and office salaries .. .. .. .. .. 1,083 19 8 Timber account .. .. .. .. .. 144 13 10
Rents .. .. .. .. .. .. 98 18 9 Discounts .. .. .. .. .. 13 2 9
Royalties .. .. .. .. .. .. 188 17 6
Interest and exchanges .. .. .. .. .. .. 2,616 0 5
Travelling-expenses .. .. .. .. .. .. 278 7 5
Printing and stationery .. .. .. .. .. .. 94 0 3
Postages and telegrams .. .. .. .. .. .. 113 18 4
Repairs and maintenance .. .. .. .. .. .. 147 3 0
Railway haulage .. .. .. .. .. .. 7,110 4 10
Insurances .. .. .. .. .. .. .. 184 1 5
Compensation for accidents and fund.. .. .. .. .. 164 11 3
General expenses .. .. .. .. .. .. 283 5 2
Marine freights .. .. .. .. .. .. 28,892 3 6
41,255 11 6
Depreciation property and plant .. .. .. .. .. 3,934 3 4
Depreciation office furniture .. .. .. .. .. .. 15 3 0
Balance .. .. .. .. .. .. 17,351 11 10
£86,034 5 4 £86,034 5 4
The foregoing is the balance-sheet and statements of accounts drawn up as required by the Audit Office, in accordance with section 14 of “The State Coal-mines Act, 1901.”
State Coal-mines Office, Greymouth, 19th July, 1905.
Louis H. EILERS, Accountant.
JAS. McGOWAN,
Minister of Mines.
Examined and found correct—J. K. WARBURTON, Controller and Auditor-General.
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NZ Gazette 1905, No 83
✨ LLM interpretation of page content
🏢
Balance-sheet of Point Elizabeth Mine as at 31st March 1905
(continued from previous page)
🏢 State Enterprises & Insurance19 July 1905
State Coal-mines Act 1901, Balance-sheet, Point Elizabeth Mine, Financial statement, Audit Office, Greymouth, Wellington, Railway
- Louis H. Eilers, Accountant
- Jas. McGowan, Minister of Mines
- J. K. Warburton, Controller and Auditor-General