D— 1.

TABLE No. 6— continued. ELECTRIC SUPPLY ACCOUNT— continued. MAN GAHAO-W AIKAREMO ANA ELECTRIC-POWER SUPPLY— continued. Profit and Loss Account for the Year ended 31st March, 1932, compared with Year ended 31st March, 1931-continued. Depreciation Reserve Account.

1 ?.® certl fy that the Balance-sheet and accompanying accounts have been duly examined and compared with the relative books and documents submitter! for audit and correctly state the position as disclosed thereby.-J. H. Fowler, Deputy Controller and Auditor-General, 25/7/32. documents submitted

2—D. 1.

17

1930-31 • j 1931-32. I 1930-31. { , 931 3 „ £ s. d. £ s d ' £ s d 11,066 19 0 To Replacements, renewals, &c. .. .. 6 rqa a n a e t?xt T3„i n „ n „ „+ i £ £ s. d. 284,965 15 2 Balance S55 199 Q Q qqo I a q 7 fiance at close of previous year 284,965 15 2 ooo,izz y y o,yzo i) 9 j Interest at 4 per cent, per annum .. .. ># U 359 9 j 63,850 6 9 Amount set aside as per Net Revenue Account .. 16 5 £296,032 14 2 £362,006 15 9 I £296,032 14 2 „„„„ . ' £doz,006 15 9 " " ; 1 ~~ Balance-sheet as at 31st Mabch, 1932. I'30 31- I Liabilities. j 1931-32. | 1930-3L ,!*,„•*. ~ £ s. d. £ s d £ s d I £ sd 284,965 lo _ Depreciation Reserve .. .. .. .. 355,122 9 9 1,197,189 4 8 Works at Mangahao —Headworks, power- 1,202,526 0 *3 . 15,699 18 10 Sundry creditors .. .. 17 860 o o * 1fi „ 0 , o I 1 '' 8 ' jU ■' ° 51b, 520 b 8 i Works at Waikaremoana — Headworks, 518,618 8 9 Balance carried to General Balance-sheet— ī/m 709 11 4 P ower - house > machinery, &e. ; 1,721,144 9 0 4,107,455 13 7 Total assets as per contra .. ..4 273 009 10 4 '7a'-i'Qin is in rr„„ „ • • 300,665 14 0 Less total liabilities as above .. '372*982 13 5 0 10 Substations"'" " " " 752,561 19 1 3,806.789 19 7 3,900,026 16 11 281695 9 2 Plant, motor-vehicles, construction tools, &o. '9« ™ § 105,550 7 10 Service buildings, workmen's accommoda- .. 98 0 90 10 4 tion, &c. ' 39,682 9 10 Temporary development, Waikaremoana .. .. 39 729 17 0 3,768 4 7 Harbour facilities, Waikokopu .. .. .. 3'792 4 7 202,683 6 4 Salaries and expenses of Engineers and .. 218*163 12 5 others on surveys and during construction 73,214 19 6 Cost of raising loans .. .. .. 77 170 1CI R 293,878 14 3 Interest during construction .. .. 298'651 3 0 3,498,840 2 6 K _ Q , 7 _ T 76,657 19 5 Stocks on hand .. 47 078 19 6 64,667 18 4 Sundry debtors, payments in advance, &c. . 82'009 in n 467,289 13 4 Accumulated loss to date .. .. .. 484'6 9 3 19 1 jfUOT^SS .13 7 [£4,273,009 10 4 j j