B.—l [PT. IV, SUP.].

Depreciation Reserve Account.

Balance-sheet at 31st March, 1928.

ELECTRIC SUPPLY ACCOUNT— continued. WAIKAREMOANA ELECTRIC-POWER SUPPLY— continued. Profit and Loss Appropriation Account.

32

£ s. d. £ s. d. |j £ s. d. £ s. d. 10,682 18 9 To Balance from previous year .. •• •• •• 15,050 4 7 j 15,050 4 7 By Balance .. .. .. .. .. .. 18,756 14 2 4,367 5 10 Balance from Net Revenue Account .. .. •• 3,706 9 7 j £15,050 4 7 £18,756 14 2 ; £15,050 4 7 £18,756 14 2

1926-27. ! 1927-28. 1926-27. | 1927-28. : I ' I ' j ' 1 j 5 ~ ' f j ' 7 ■ £ s. d. £ s. d. I £ s. d. j £ s. d. 6,326 1 0 ; To Balance .. .. .. •• •• •• 8,924 11 7 I 4,431 0 0 j By Balance at close of previous year .. .. .. 6,326 1 0 177 5 0 Interest on £6,326 Is. .. .. .. .. .. 253 0 10 1,717 16 0 | Amount reserved for year .. .. .. .. 2,345 9 9 £6,326 1 0 i £8,924 11 7 j £6,326 1 0 i £8,924 11 7

I I ii I ■ , I 1926-27. ! Liabilities. 1927-28. ! 1926-27. ! Assets. 1 1927-28. £ s. d. £ s. d. £ s. d. Temporary development — £ s. d. £ s. d. 6,326 1 0 Depreciation reserve .. .. .. .. .. 8.924 11 7 34 17 11 Supervision .. .. .. 34 17 11 14,686 3 5 Sundry creditors .. .. .. .. .. 51,307 2 1* 972 7 7 Headworks .. .. .. .. 741 1 6 185,702 15 9 Balance carried to general balance-sheet .. .. .. 610,979 5 9 25,855 11 3 Pipe-lines .. .. .. .. 25,962 10 10 26,119 0 5 Power-house and machinery .. .. 26,348 12 9 3,747 1 9 Turbines and generators .. .. 3,625 14 2 889 13 8 Transformers and lightning-arrestors .. 901 15 7 75 15 6 Switch-gear .. .. .. .. 79 15 4 442 11 4 Workshop and equipment .. .. 442 11 4 58,136 19 5 206,715 0 2 | Carried forward .. .. .. .. .. 671,210 19 5 136 19 5 Carried forward .. .. .. .. 58,136 19 5 i ; ■ i * Excludes miscellaneous suspense charges, £702 10s. 5d.