BALANCE-SHEET OF THE NEW ZEALAND STATE COAL-MINES.

Statement of Liabilities and Assets at 31st March, 1915.

Liabilities.

£ s. d. £ s. d.
Debenture loan .. .. .. 175,000 0 0
Loan under Appropriation Act, 1912 .. .. 50,000 0 0
Inscribed stock .. .. .. 2,601 0 7
————————
227,601 0 7

Debenture sinking fund .. .. .. 13,200 0 0
Reserve fund .. .. .. 5,884 11 2
————————
19,084 11 2

Accrued interest .. .. .. 4,282 4 6
Sundry creditors .. .. .. 13,498 8 10
————————
17,780 13 4

Assets.

£ s. d. £ s. d. £ s. d.
Point Elizabeth Colliery and Development Property Account—
Outlay during the year .. .. .. 73 14 10
Depreciation .. .. .. 73 14 10
————————
..

Machinery, plant, ropes, and rolling-stock—
Cost at 31st March, 1914 .. .. .. 17,068 13 4
Additional outlay during the year .. .. 309 8 5
————————
17,378 1 9
Depreciation .. .. .. 8,842 10 7
————————
8,535 11 2

Buildings at mine—
Cost at 31st March, 1914 .. .. .. 1,883 2 8
Additions during the year .. .. .. 16 8 1
————————
1,899 10 9
Depreciation .. .. .. 477 16 6
————————
1,421 14 3

Cottages—
Cost at 31st March, 1914 .. .. .. 1,855 9 7
Depreciation .. .. .. 340 11 0
————————
1,514 18 7

Stores (stock on hand) .. .. .. 2,546 11 9
Coal (stock on hand at mine and wharf) .. .. 1,129 6 0
Coal (stock on hand, afloat) .. .. .. 1,168 8 10
————————
4,844 6 7
————————
16,316 10 7

Point Elizabeth (Liverpool) Colliery and Development Property Account—
Cost at 31st March, 1914 .. .. .. 95,243 17 2
Additions during the year .. .. .. 5,389 13 10
————————
100,633 11 0
Depreciation .. .. .. 5,091 19 10
————————
95,541 11 2

Machinery, plant, ropes, and rolling-stock—
Cost at 31st March, 1914 .. .. .. 46,167 11 0
Additions during the year .. .. .. 4,400 4 7
————————
50,567 15 7
Depreciation .. .. .. 2,557 11 6
————————
48,010 4 1

Buildings at mine—
Cost at 31st March, 1914 .. .. .. 2,473 5 3
Additions during the year .. .. .. 1,278 16 1
————————
3,752 1 4
Depreciation .. .. .. 189 3 4
————————
3,562 18 0

Cottages at mine
Additions .. .. .. 173 1 1
.. .. .. 3,051 19 5
————————
3,225 0 6
Depreciation .. .. .. 161 7 4
————————
3,063 13 2

Coal (stock on hand at mine and wharf) .. .. 3,364 3 6
Coal (stock on hand, afloat) .. .. .. 915 1 4
————————
4,279 4 10
————————
154,457 11 3

THE following balance-sheet of the New Zealand State coal-mines for the year ending 31st March, 1915, is published in accordance with the requirements of subsection (4) of section 118 of the Coal-mines Act, 1908.

Mines Department, Wellington, 21st September, 1915.

W. D. S. MACDONALD, Minister of Mines.

[SEPT. 23.] THE NEW ZEALAND GAZETTE. Balance-sheet of New Zealand State Coal-mines. 3063