1).—1

TABLE No. 6—continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME— continued. Profit and Loss Account for Year ended 31st March, 1928, compared with Year ended 31st March, 1927— continued. Gross Revenue Account — continued.

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1926-27. ! 1927-28. 1926-27. 1927-28. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 21,400 3 7 Brought forward .. .. .. 38,425 0 7 14 2 Brought forward .. .. j .. 125,311 14 3 Operation and maintenance of distribution 31 5 1 substations (11,000 volt) .. .. .. 202 15 3 Operation and maintenance of distribution lines (11,000 volt) — 468 11 10 Horahora-Hamilton- Plankton .. .. 367 10 0 4 17 3 Waikino-Waihi .. .. .. 14 9 8 381 19 8 473 9 1 General supervision and management of trans1,855 4 1 mission distribution systems .. .. . . 1 9 927 3 9 Management and general — 2,918 15 8 Salaries, wages, and audit fees .. .. 3,678 12 5 216 18 3 Accident insurance, sick and holiday pay .. 339 9 0 330 5 8 Travelling-expenses and motor-cars .. 353 8 4 291 3 4 Postages, telegrams, and telephones .. 295 15 2 55 16 8 Fire insurance .. .. .. .. 65 12 6 259 17 7 Printing, stationery, and advertising .. 160 5 6 i 278 2 0 Office rent, cleaning, and lighting .. 265 16 0 Experimental testing and miscellaneous 360 2 0 expenses .. .. .. .. 197 5 8 4,711 1 2 23,760 1 10 Carried forward .. .. 5,356 4 7 40,936 19 3 108,747 14 2 Carried forward > . .. .. 125,311 14 3 !_ ! B ; 1