B.—l [Pt. IV, Sup. B].

ELECTRIC SUPPLY ACCOUNT—continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME— continued. Profit and Loss Account for Year ended 31st March, 1924, compared with Year ended 31st March, 1923— continued. Gross Revenue Account—continued.

15

1922-23. 1923-24. 1922-23. 1923-24. £ s. d. 9,324 9 8 Brought forward Management and general — continued. Purchase of current Testing, oil-drying, repairs, &c, for consumers £ s. d. 12,274 14 5 £ s. d. 41,818 12 7 Brought forward £ s. d. 59,923 16 4 90 4 2 306 13 11 88 6 8 111 0 5 12,474 1 6 47,449 14 10 | £59,923 16 4 9,721 7 9 32,097 4 10 Balance to Net Revenue Account £41,818 12 7 £59,923 16 4 j £41,818 12 7 Net Revenue Account. £ s. d. 19.208 7 8 6,236 9 3 To Interest on purchase-money for plant purchased from Waihi Gold-mining Company, and on advances from Treasury .. Depreciation on completed works (2 per cent.) and on stocks Special depreciation provision to cover cost of replacing temporary work Balance to Profit and Loss Appropriation Account £ s. d. 21.230 14 7 10,393 9 0 £ s. d. 32,097 4 10 By Balance from Gross Revenue Account .. £ s. d. 47,449 14 10 383 4 2 6,269 3 9 .. 15,825 11 3 £32.097 4 10 £32,097 4 10 . £47,449 14 10 47,449 14 10 __________________ Profit and Loss Appropriation Account. £ s. d. 5,882 15 9 £ s. d. £ s. d. 6,269 3 9 £ s. d. 386 8 0 15,825 11 3 386 8 0 To Balance from previous year Sinking Fund contributions to date, as required by section 12 of the State Supply of Electrical Energy Act, 1917 Balance to balance-sheet •• . 12,718 0 0 3,493 19 3 By Balance from previous year Balance from Net Revenue Account £6,269 3 9 £6,269 3 9 £16,211 19 3 £16,211 19 3 _=__== Depreciation Reserve Account. £ s. d. 633 4 2 £ s. d. £ s. d. 10,210 10 7 By Balance at close of previous year 408 8 0 ' Interest for year .. 6,619 13 5 Amount set aside as per Net Revenue Account £17,238 12 0 £ s. d. 16,605 7 10 664 4 0 10,393 9 0 16,605 7 10 To Amount written off for temporary works Amount written off for depreciation of stocks Balance to balance-sheet 2,831 6 2 24,831 14 8 £17,238 12 0 27,663 0 10 i £27,663 0 10