D.—l.

I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.— J. H. Fowler, Deputy Controller and Auditor-General.

TABLE No. 6—continued. ELECTRIC SUPPLY ACCOUNT— continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA-ARAPUNI SCHEME— continued. Balance-sheet at 31st March, 1931— continued.

21

19-9-30. Liabilities. 1930-31. 1929-30. Assets. 1930-31. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 3,815,469 1 11 Brought forward .. 4,072,995 3 10 1,937,543 3 10 Brought forward .. .. .. .. 2,083,785 12 11 605,416 14 3 Transmission-lines .. .. .. .. 606,605 1 9 369,974 8 11 Substations .. .. .. .. .. 386,555 19 7 44,261 9 0 Distribution-lines .. .. .. .. 40,867 19 9 Distribution substations, 11,000 kv. — 8,642 18 6 Waihi Grand Junction .. .. 8,642 18 6 2,269 12 6 Taps for consumers.. .. .. 2,187 12 3 10,830 10 9 10,912 11 0 19,104 7 0 Hamilton Area —Land at Ruakura, stores, .. 19,020 11 1 buildings, staff residences, &c. 15,850 15 1 Loose tools and equipment, motor - lorries, .. 16,718 6 6 cars, &c. 152,479 10 0 Salaries of officers, engineering office, and .. 158,784 6 6 general expenses on surveys and on construction 353,198 4 11 Interest during construction .. .. .. 459,952 10 4 132,054 12 4 Cost of raising loans .. .. .. .. 135,790 12 4 19,631 4 9 Stocks of spares, &c, on hand .. .. .. 20,210 14 6 3,660,427 1 1 3,939,122 5 6 , 31,704 7 4 Stocks of material on hand .. .. .. 53,918 12 11 Debtors — 66,274 11 4 "For electricity and sales of materials .. .. 34,569 14 2 54,445 6 5 Sinking-fund Investments .. .. .. 7,072 2 7 2,617 15 9 Net loss .. .. .. .. .. 38,312 8 8 £3,815,469 1 11 £4,072,995 3 10 £3,815,469 1 11 £4,072,995 3 10