B.—l [PT. IY].

ELECTRIC SUPPLY ACCOUNT— continued. LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY— continued. Profit and Loss Account for Year ended 31st March, 1926, compared with Year ended 31st March, 1925— continued.

40

Gross Revenue Account —continued. 1924-25. 1925-26. 1924-25. 1925-26. ; I ___ : ; v i £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 17,351 4 7 Brought forward .. .. .. 19,601 0 6 92,163 2 7 Brought forward .. .. .. 123,354 13 11 To Stand-by provision — Payment to Christchurch Tramway Board 1,350 0 0 for rental .. .. .. .. 1,350 0 0 Payment to Christchurch Tramway Board 26 13 1 for energy supplied .. .. .. 226 12 11 1,576 12 11 1,376 13 1 — i Management and general expenses — 2,155 17 1 Salaries .. .. .. .. 2,241 0 7 313 13 11 Sick and holiday pay to workmen .. 267 6 11 71 13 1 Travelling-expenses .. .. .. 103 11 10 | 379 0 0 Office-rent .. .. .. .. 379 0 0 65 10 0 Bent of other buildings .. .. 65 10 0 148 7 3 Postages and telegrams .. .. 132 16 3 126 17 3 Telephone subscriptions . .. 136 S 8 131 19 8 Printing and stationery .. .. 95 14 1 12 10 0 Advertising .. .. .. .. 17 1 3 238 8 8 Accident pay .. .. .. 13 1 7 83 10 5 Fire insurance .. .. .. 107 6 3 88 6 8 Audit fees .. .. .. .. 139 13 4 313 2 8 Meter-reading and line-inspection .. 208 14 8 73 13 5 Commission on collection of accounts ..243 329 9 11 Electrical testing .. .. .. 328 10 9 10 7 5 Miscellaneous trade expenses .. .. 4 14 7 Misappropriation by clerk .. .. 909 18 4 Proportion of salaries, rents, and expenses, Head Office and High Commissioner's Staff .. .. .. .. 705 0 0 5,857 13 4 4,542 7 5 27,035 6 9 23,270 5 1 68,892 17 6 Balance to Net Revenue Account .. .. 96,319 7 2 £92,163 2 7 £123,354 13 11 £92,163 2 7 £123,354 13 11 Net Revenue Account £ s. d. £ s. d. £ s. d. £ s. d. 15,679 0 0 To Depreciation at 2 per cent, per annum on completed work 19,350 0 0 68,892 17 6 j By Balance from Gross Revenue Account .. .. 96,319 7 2 47,780 6 9 Interest for year ended 31st March .. .. .. 50,323 12 5 5,433 10 9 Balance to Profit and Loss Appropriation Account .. 26,645 14 9 £68,892 17 6 £96,319 7 2 £68,892 17 6 j £96,319 7 2