B.—l [PT. IY].

ELECTRIC SUPPLY ACCOUNT—continued. WAIKATO ELECTRIC-POWER SUPPLY—HORAHORA SCHEME—continued. Profit and Loss Account for Year ended 31st March, 1926, compared with Year ended 31st March, 1925—continued.

45

Gross Revenue Account —continued. i 924-25. 1925-26. 192-1-25. 1925-26. I <1 | I £ s. <1. £ s. d. £ s. d. £ s. d. £ s. d. £ 9. d. 10,371 5 2 Brought forward .. .. .. .. 13,518 14 7 65,184 5 9 Brought forward .. .. .. .. 85,830 2 11 Genera! supervision and management of tians876 11 0 mission distribution systems .. .. .. 1,598 18 5 Management and general — 1,008 5 9 Salaries, wages, and audit fees .. 2,162 9 1 Accident insurance, sick and holiday 301 16 3 pay .. .. .. 177 5 8 215 13 6 Travelling-expenses and motor-cars .. 274 7 8 181 12 6 Postages, telegrams, and telephones .. 193 16 2 24 2 5 Fire insurance .. .. .. 28 3 3 109 9 11 Printing, stationery, and advertising. . 219 5 6 190 4 8 Office rent, cleaning, and lighting . 228 8 11 115 2 8 Experimental testing and .. ) sr n 9 36 13 11 Miscellaneous expenses .. * 160 6 9 Fire damage, Hamilton office •. 38 6 3 Testing, oil-drying, repairs, &c., for 514 17 3 consumers .. .. .. 142 6 7 Bad debts .. .. .. 3 12 2 Losses on sales of old and surplus stocks .. . . .. .. 939 19 10 4,494 1 3 14,106 i 9 19,611 14 3 51,078 4 0 Balance to Net Revenue Account .. •• ! 66,218 8 8 l j £65,184 5 9 £85,830 2 11 £65,184 5 9 £85.830 2 11 Net Revenue Account. £ s. d. £ s . d. £ s. d. £ s. d. To Interest on purchase-money for plant purchased from Waihi 51,078 4 0 By Balance from Gross Revenue Account .. .. .. 66,218 8 8 20,129 3 3 Gold-mining Company, and on advances from Treasury .. 31 269 6 0 9.756 14 4 Depreciation on completed works (2 per cent.) and on stocks 13,600 16 9 29 885 17 7 44 870 2 9 21,192 6 5 Balance to Profit and Loss Appropriation Account .. 21,348 5 11 £51,078 4 0 ' £66,218 8 8 £51,078 4 0 ' £66,218 8 8