Auditor General questions Chillagoe Etheridge railways re valuation
Auditor General M R Robertson reports the Chillagoe and Etheridge Railways Act valuations were based on an unsound method. He notes the revaluation used inflated depreciation and cost figures, overstating adjustments to state rail assets. He urges Parliament to review the process and ensure proper valuation and accounting.
MENTIONED IN THIS ARTICLE
Treasury
Chillagoe
Smettera
Railway Department
Mines Department
Cheensland
Brisbane
Villagoe and Etheridge
M. R. Robertson
Auditor-Geners Premier's Department
Wich
Etheridge
Northland
The
Selec
Balance Sheet and Profit Loss for Chillagoe 1920
An extensive report covers the Profit and Loss Account for the period ending June 30 1920 with items from copper smelting converting and ore despatches. It includes the Balance Sheet as at June 1920 detailing liabilities fixed assets stores and ores, with notes on going concern value and government advances under the Chillagoe Etheridge Act.
MENTIONED IN THIS ARTICLE
Einasleigh
Treasury
Killamoe
Binaskeigh
Finnsleigh
Chillagoe
Smelter Profit and Treasury Indebtedness Report
The balance sheet shows the Treasury indebtedness at 6203,880/13/1 and charges to Loan. Fares and freights payable to the Railway Smelters total £20,109/2/2. About 1000 workers are engaged in production due to the present operations. The report notes efficient labor, costing systems, and pricing, with net gains after charges.
MENTIONED IN THIS ARTICLE
Hso
Chiclagoe
Einas
Uee Eee
Wik Jume
Also Mentioned on This Page
IK & Newell's
Jack
Helene
Jack & Newell Ltd
Mary Tee Se
TEL
Box Fe
Atherton Tableland
Albion Ice Works
Sheridan Street
Cairns
P. Morley
Spence Street
Bunda Street
Clark & CO
A. Villiers
Vulcan Foundry
Engineeung
WOSEE
BRASS
Lacksrater and
Boulerhake
Vulcan Pounort & Engigering
Empire Hotel
C. L Crouch
Proprietre
Auditor - General's
Enmasleigh
Trail & Winstone
P. E. Wilkinson
Queensland
Bras Bane
J. W. L_IRVINE
Mankers
Plate Giese Ben Ona Owe Ene
Sydney
Strest
Tewnshire
Anton Stro Meeks
Woolrych
E. Thorpe
JC Hutton, Ltd
Howard Smith Chambers
Pavetto
Valeria
Oko
Ivalvds
Wourvarus
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