8.-l [PT. IV],

ELECTRIC SUPPLY ACCOUNT—continued. MANGAHAO ELECTRIC-POWER SUPPLY—continued. Profit and Loss Account for the Year ended 31st March, 1926—continued.

50

Depreciation Reserve Account. £ s. d. £ s. d. To Balance to balance-sheet .. .. .. .. .. 30,056 0 0 By Amount set aside as per Net Revenue Account .. .. .. .. 30,056 0 0 . . ' ~ " Balance-sheet as at 31st March, 1926. Liabilities. £ s. d. 1 Headworks — Assets. £ s. d. £ s. d. Depreciation Reserve .. .. .. .. .. .. .. 30,056 0 0 Land, headworks, &c. .. .. .. .. .. 9,961 15 2 Sundry creditors .. .. .. • • .. .. .. 15,208 1 1 t Roads, tram-lines, &c. .. .. .. .. .. 69,077 1 9 Charges paid in advance by consumers and others .. .. .. .. 82 2 3 Local electric line .. .. .. .. .. 10,344 14 2 Balance carried to General Balance-sheet — £ s. d. Dams 1, 2, and 3 .. .. .. .. .. 277,509 19 1 Total assets as per contra .. .. .. .. 2,179,198 16 11 Tunnels 1 and 2 .. .. .. .. .. 149,071 11 7 Less total liabilities as above .. .. .. 45,346 3 4 Pipe-line, &c. .. .. .. .. .. .. 108,339 5 11 2,133,852 13 7 Surge-chamber .. .. .. .. .. .. 14,611 16 7 638,916 4 3 Power-house — Buildings, &c. .. .. .. .. .. .. 64,510 16 2 Machinery, &c. .. .. .. .. .. .. 207,213 19 0 Tail-race .. .. .. .. .. .. 5,591 6 5 Village water-supply .. .. .. .. .. 2,441 5 6 279,757 7 1 Accommodation for staff —Buildings, fences, &c. .. .. .. 15,913 6 1 Transmission-lines (110,000-volt) — Lands, lines, and substations .. .. .. .. 8,159 4 1 Shannon-Khandallah . . .. .. .. 145, 466 2 3 Shannon-Wanganui .. .. .. .. .. 95,054 19 0 Bunnythorpe-Dannevirke .. .. .. .. 45,772 16 7 Woodville-Masterton .. .. .. .. .. 67,819 15 7 Dannevirke-Napier .. .. .. .. .. 72,315 11 2 — 434,588 8 8 Transmission-lines (11,000- volt) — Mangaore-Shannon .. .. .. .. .. 3,004 5 2 Khandallah-Petone .. .. .. .. .. 8,81) 18 2 — 11,816 3 4 Substations — Khandallah .. .. .. .. .. .. 71,303 17 3 Otaki .. .. .. .. .. .. .. 1,661 14 11 Bunnythorpe .. .. .. .. .. .. 26,327 14 9 Wanganui .. .. .. .. .. .. 16,922 18 5 Dannevirke .. .. .. .. .. .. 9,991 2 9 Waipukurau .. .. .. .. .. .. 18,075 14 8 Napier.. .. .. .. .. .. .. 15,006 6 6 Woodville .. .. .. .. .. .. 7,567 16 2 Mangamaire .. .. .. .. .. .. 14,055 13 5 Masterton .. .. .. .. .. .. 12,157 12 11 193,070 11 9 Carried forward .. .. .. 2,179,198 16 11 Carried forward .. . .. 1,574,062 1 2