B. —1 [PT. IV], SUP. to 1932.

ELECTRIC SUPPLY ACCOUNT— continued. MANGAHAO-WAIKAREMOANA BLECTEIC-POWER SUPPLY. Profit and Loss Account for the Year ended 31st March, 1932, compared with Year ended 31st March, 1931.

21

Gross Revenue Account. 1930-31. 1931-32. 1930-31. 1931-32. £ s. d. To Generating - expenses, headworks, and £ s. d. £ s. d. £ s. d. By Sales of energy — £ s. d. £ s. d. power-house— 277,872 6 9 Wholesale consumers .. .. 295,077 15 2 ! 7,843 11 4 Mangahao .. .. .. 6,560 16 5 746 16 3 | Retail consumers.. .. .. 756 15 10 8,182 9 4 Waikaremoana .. .. .. 7,252 6 9 I . . 295,834 11 0 i 13,813 3 2 ! 278,619 3 0 16,026 0 8 J \ 16,907 14 9 Transmission - lines, patrol mainten- .. 15,238 16 9 ! Rents — ance, &c. 3,898 19 8 Cottages, &o. .. .. .. 3,499 12 4| 5,996 18 0 ! Substations — Operating maintenance, .. 5,894 17 1 265 0 1 ■ Poles, land, and plant .. .. 233 7 9 &c. _ __ 3 ; 733 o 1 4,441 8 8 Power purchased in bulk .. .. .. .. 4,163 19 9 i Management and general — j 16,103 12 8 Salaries, office expenses, accident, ... 13,952 15 0 50 2 10 I Tests and inspections .. .. .. 15 7 10 sick, and holiday pay, postages, &e. | 163 17 11 ! Penalties .. .. .. .. .. 439 7 6 59,475 14 9 ■ 48,899 12 0 19 9 8 Refunds from local bodies .. 223,540 18 5 Balance, to Net Revenue Account .. ... 251,122 14 5 £283,016 13 2 ; £300,022 6 5 j £283,016 13 2 j £300,022 6 5 Net Revenue Account. £ s. d. £ s. d. I 1 £ s. d. ! £ s. d. i 63,850 6 9 To Depreciation on completed works .. .. .. 65,681 16 5 223,540 18 5 By Balance from Gross Revenue Account .. .. 251,122 14 5 196,205 13 9 J Interest for year ended 31st March, 1932 .. _.. 202,775 3 9 36,515 2 1 I Loss for year .. .. ,. .. ... 17,334 5 9 £260,056 0 6 J j £268,457 0 2 £260,056 0 6 I £268,457 0 2 Profit and Loss Appropriation Account. £ s - d - £ s. d. I, £ s. d. : £ s d i 430,774 11 3 To Balance from previous year .. .. .. .. ! 467,289 13 4 i! 467.289 13 4 By Balance .. .. .. .. .. ..I 484 623 19 1 I 36,515 2 1 Balance from Net Revenue Account .. .. ..I 17,334 5 9 || £467,289 13 4 £484,623 19 1 J £467,289 13 4 £484 623 19 1~!