B.—l [Pt. 111, Sup.] .

WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME— continued. Balance-sheet at 31st March, 1922— continued.

18

1920-21. I Liabilities. 1921-22. 1920-21. Assets. 1921-22. . £ 303,252 £ s. d. 303,252 11 10 s. d. ! 11 10 Brought forward £ s. d. 410,816 2 7 £ s. d. £ s. d. 202,777 11 6 Br. ught forward ' £ s. d. 263,904 5 9 I 535 16 1 Distribution-lines 715 16 0 Main substations — 17,724 9 0 : Waikino .. .. .. .. 18,557 17 11 83 19 2 Hamilton .. .. .. .. 4,124 3 10 131 6 4 TeAwamutu .. .. .. 2,279 6 0 TeAroha .. .. .. .. 5,884 19 10 i ! 17,939 14 6 Distribution substations Land at Ruakura Stores buildings and fittings and railwav-siding, 1,532 12 4 Ruakura : Staff residences, Ruakura 2,368 14 7 Loose tools and equipment 2,815 8 8 Motor lorries, cars, and cycles 363 0 0 Office furniture, Hamilton Engineering, office, and general expenses on 3,174 0 6 surveys and on construction .. Salaries of officers on surveys and on eon2,372 2 8 ' struction 15,619 13 8 ; Interest during construction 30,846 7 7 6,077 19 2 I 3,600 12 4 i 6,315 15 2 2,611 17 6 3,705 11 8 4,106 2 6 427 6 10 I \ r 5,744 19 9 6,434 12 10 19,316 8 0 249,498 14 6 353,807 15 1 . 44,023 17 i General stocks of material on hand .. .. 45,098 5 8 . Stocks of spares, &c. .. .. .. 300 9 0 I ±t 4 ,023 17 2 Debtors — 1,276 8 7 For electricity and sales of material .. j 5,621 17 7 For insurance premiums, &c, paid in 49- 8 4 advance .. .. .. .. 104 19 6 . 5,726 17 1 1,325 16 11 . 404,933 6 10 294,848 8 7 Balance from Profit and Loss Appropriation Account —Accumulated loss to 31st March, 8,404 3 3 1922 .. 5,882 15 9 £303,252 1 10 ! £303,252 11 10 ' ,£410,816 2 7 £410,816 2 7 ■" " ! The balance-sheet has been duly audited with the various supporting books, vouchers, and documents, and found to correspond therewith. G. F. C. Campbell, Controller and Auditor-General.