B.—i [PT. iv;

160

ELECTRIC SUPPLY ACCOUNT— continued. MANGAHAO-WAIKAREMOANA ELECTRIC-POWER SUPPLY— continued. Profit and Loss Account for the Year ended 31st March, 1930, compared with Year ended 31st March, 1929— continued.

Gross Revenue Account —continued. 1928-29. 1929-30. 1928-29. 1929-30. £ s. d. £ s. d. £ s. d. | £ s. d. £ s. d. £ s. d. 2,497 11 5 Brought forward .. .. 3,817 14 5 36,132 19 6 121,089 3 4 Brought forward .. .. .. 259,460 12 9 Substations — Operating, maintenance, &c. —continued. 555 16 10 Dannevirke .. .. .. 675 8 6 211 2 0 Waipukurau .. .. .. j 363 10 8 500 19 10 Woodville ... .. .. 306 14 10 610 0 3 Mangamaire .. .. .. 600 13 0 176 11 2 Masterton .. .. .. 316 19 7 304 13 1 Wanganui .. .. .. 367 6 4 609 18 8 Napier .. .. .. .. 535 4 1 Marton .. .. .. .. 96114 Gisborne .. .. .. 533 17 7 Wairoa .. .. .. .. 150 3 11 — 7,764 4 3 5,466 13 3 Management and general — 2,711 1 4 Salaries and allowances .. .. 5,706 6 10 Distribution salaries, expenses, and 1,734 14 9 transport .. .. .. 1,943 6 6 454 0 7 Postages, telephones, &c. .. .. 718 6 5 188 4 9 Printing, stationery, and advertising.. 473 1 8 Motor - cars and general travelling - 745 11 3 expenses .. .. .. 2,219 15 5 223 4 8 Accident, sick, and holiday pay .. 267 7 11 10 6 8 Fire insurance 153 2 3 Legal expenses and audit fees .. 55 17 9 1,021 17 10 Stores administration .. .. 530 4 5 2,695 11 3 Miscellaneous expenses .. .. 3,422 6 2 — 15,336 13 1 9,937 15 4 84,879 8 8 Balance to Net Revenue Account .. .. 200,226 15 11 £121.089 3 4 £259,460 12 9 £121,089 3 4 £259,460 12 9 Net Revenue Account. £ s. d. £ s. d. 1 £ s. d. £ s. d. 45,457 7 5 To Depreciation on completed works .. .. .. 62,205 3 10 84,879 8 8 By Balance from Gross Re venue Account.. .. .. 200,226 15 11 142,435 15 9 Interest for year ended 31st March, 1930 .. .. 191,288 9 11 103,013 14 6 Loss for year .. .. .. .. .. 53,266 17 10 j £187,893 3 2 £253,493 13 9 £187,893 3 2 j £253,493 13 9