D.— l

17

WAIKATO HYDRO-ELECTRIC-POWER SUPPLY HORAHORA SCHEME. Profit and Loss Account for Five Months, Ist November, 1919, to 31st March, 1920. Gross Revenue Account. ToGenerating-oxpenso.s: Head- I s. d. £ s. d. By Sales of electrical energy to wholesale t s. d. works and power-house- oonsumers .. .. .. 5,798 10 I) Salaries .. .. 821 2 2 Rents of houses . . . . .. 4 1(1 4 Wages .. . . 81 10 (i Supplies .. . . 22 14 3 Transport of stores, &c... 28 7 2 Maintenance and repairs— Headworks .. .. 32 2 5 Power-house nuicliiiiciv 35 7 li - 1,024 4 0 Transmission-line, Horahora to Waihi — Wages . . . . 197 4 4 Supplies .. .. 26 810 Transport .. . . 54 5 !) 277 18 11 Waikino Substation— Wages (half) .. .. 220 11 2 Supplies .. .. 4 3 5 — 224 14 7 Management and generalPayment to Waihi Company for supervision and management . . 270 16 8 Postages and telegrams .. 710 I I Fire insurance and rates.. 36 <i 10 Accident insurance . . 27 3 4 Miscellaneous expenses .. 110 2 343 7 II 1,870 5 5 Balanco to Net Revenue Account .. .. .. 3,933 I 8 £5,803 7 1 £5,803 7 1 Net Hcrenm Account. To Interest at 5 percent, on purchase-money £ s. d. £ 8. cl. for plant purchased from Waihi Gold- By Balance from Gross Revenue Account .. 3,933 1 8 milling Company.. .. .. 4,427 I 8 Balance to Profit and Loss Appropria--1 )eprociation on completed works (2 per tion Account .. .. .. 2,122 8 0 rent.) .. .. .. .. 1,628 8 0 £6,056 9 8 £6,055 9 8 Profit and Loss Appropriation Account. c s. d. £ s. d. To Balanoe from Net Revenue Account .. 2,122 8 0 By Balance to balance-sheet .. .. 2,122 so £2,122 8 0 . £2,122 8 0 Depreciation Fund Account. £ s. d. £ s. d. To Balanoe to balance-sheet .. .. 1,628 8 0 By Amount sot asido as per Net Revenue Account .. . . . . .. 1,628 8 0 £1,628 8 0 £1,628 8 0

3—]). 1.