B.—l [PT. IV], SUP. TO 1932.

ELECTRIC SUPPLY ACCOUNT— continued. LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY— continued. Balance-sheet at 31st March, 1932.

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 Controllor and Auditor-General.

20

1930-31. Liabilities. 1931-32. 1930-31. Assets. j 1931-32. £ s. d. £ s. d. £ a. d. £ s. d. Works at Lake Coleridge — £ s. d. £ s. d. 197,627 3 10 Depreciation Reserve .. .. .. .. 211,752 8 2 780,488 19 6 Headworks, power-house machinery, build- .. 784,252 16 1 ings, &c. 97,344 15 4 Reserve Fund .. .. .. 174,249 7 9 390,144 12 5 Transmission-lines .. .. .. .. 391,434 0 0 Sinking Fund Reserve — 96,356 9 2 Substation, Addington .. .. .. .. 113,625 5 5 110,142 0 0 Amount utilized for redemption of loans .. 110,242 0 0 48,164 4 2 Diesel station, Lyttelton .. .. .. .. 97,264 12 10 58,321 12 5 Available for further redemptions .. 83,623 8 4 161,586 18 4 Distribution .. .. .. .. .. 168,132 10 9 193,865 8 4 8,629 12 10 Service transformers and meters .. .. .. 7,810 18 4 168,463 12 5 26,787 7 2 Plant, equipment, &c. .. .. .. .. 27,237 16 8 102,944 7 6 Salaries, and engineering, office, and general .. 109,685 5 3 expenses on preliminary surveys and conSundry creditors — struction 2,978 10 3 Public Works Department .. .. 5,995 15 7 30,632 0 0 Cost of raising loans .. .. .. .. 33,616 0 0 1,206 9 0 Other Government Departments .. 345 4 11 66,820 0 2 Interest during construction .. .. .. 69,437 15 3 10,350 12 2 Non-departmental .. .. .. 6,623 3 5 — j 12,964 3 11 1,712,554 1] 3 1,802,497 0 7 14,535 11 5 : 19,183 17 3 Stocks of material .. .. ,. .. 20,285 6 1 Balance carried to general balance-sheet — 1,825,510 17 4 Total assets as per contra .. .. 1,933,419 10 8 52,534 18 11 Sundry debtors .. .. .. .. .. 44,998 0 3 477,971 3 0 Less total liabilities as above .. 592,831 8 2 41 17 6 Payments in advance .. .. .. .. 40 14 10 1,340,588 2 6 41,195 12 5 Sinking-fund investments .. .. .. 65,598 8 11 1,347,539 14 4 1,825,510 17 4 .. 1,933,419 10 8 1,825,510 17 4 .. 1,933,419 10 8 i ft • ~ _____ :