D.—l.

TABLE No. 6— continued. WAIKAREMOANA ELECTRIC-POWER SUPPLY. Profit and Loss Account for Year ended 31st March, 1924.

Balance-sheet at 31st March, 1924.

14

1922-23. t 1923-24. I 1922-23. ! 1923-24. I - I I £ B. d. £ s. d. £ s. d. £ s . d. 915 5 0 To Interest on capital .. •• 4,165 8 0 525 0 0 By Rental of plant leased to Wairoa Power Board .. .. 2,100 0 0 Depreciation on plant (2 per cent, on value of assets in Loss for year.. .. .. .. .. .. 3,473 19 0 operation) .. .. .. • • ■ • 1,408 11 0 - 525 0 0 5,573 19 0 915 5 0 5,573 19 0 .. j - Loss for year, as above .. .. • ■ .. •. 3,473 19 0 Loss carried forward at 1st April, 1923 .. .. .. 390 5 0 Accumulated loss to date carried to balance-sheet .. .. 3,864 4 0 £3,864 4 0 ■ £3,864 4 0 Depreciation Reserve. £ s. d. £ s. d. Balance carried to balance-sheet .. .. .. .. .. 1,408 11 0 By Amount, set aside as per Profit and Loss Account .. .. .. .. 1,408 11 0 £1,408 11 0 £1,408 11 0

1922-23. Liabilities. 1923-24. 1922-23. Assets. 1923-24. £ s. d. 72,894 15 9 4,146 6 11 Balance carried to general balance-sheet Sundry creditors Depreciation reserve £ s. d. 79,583 6 9 20 5 3 1,408 11 0 £ s. d. £ s . d. 11,920 11 4 Access roads and bridges.. .. .. .. .. 11,431 10 10 18,550 17 3 Pipe-lines .. .. .. .. .. .. 18,474 8 0 27,564 5 10 Power-house building and machinery .. .. .. 25,443 0 0 6,334 10 7 Compensation for land .. .'. .. .. .. 6,625 1 11 227 0 6 Headworks .. .. .. .. .. .. 278 17 3 1,714 16 10 Staff cottages .. .. .. .. .. 2,950 15 9 Workmen's huts.. .. .. .. .. .. 1,260 1 5 Workshop .. .. .. .. .. .. '407 18 5 335 10 0 Loose plant 1,000 0 0 Telephone-line to Wairoa.. .. .. .. .. 1.000 0 0 2,780 10 11 Survey, engineering, and office expenses . • .. .. 3,053 11 0 5,697 14 5 Interest during construction .. .. .. .. 5,697 14 5 £ s. d. 11,920 11 4 18,550 17 3 27,564 5 10 6,334 10 7 227 0 6 1,714 16 10 335 10 0 1,000 0 0 2,780 10 11 5,697 14 5 i 76,125 17 8 76,622 19 0 525 0 0 Sundry debtors .. .. .. .. .. .. 525 0 0 390 5 0 Balance from Profit and Loss Account: Accumulated loss to date.. .. .. .. .. .. .. 3)8 64 4 0 £77,041 2 8 £81,012 3 0 £77,041 2 8 £81,012 3 0 £77,041 2 8