B. —1 [PT. IV], SUP. TO 1932.

PUBLIC WORKS DEPARTMENT— continued. IRRIGATION AND WATER-SUPPLY: CENTRAL OTAGO. Profit and Loss Account for the Year ended 31st March, 1932. Gross Revenue Account.

Net Revenue Account.

95

—- —- Ardgour. Arrow River. Bengerburn. Earnscleugh. Hawkdun. Ida Valley. Galloway. Last Chance. Manulierikia. j Tarras. Tevlot. Total. ! Dr. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Management and operation expenses— 507 11 1 1,037 13 11 .. 498 15 7 2,504 9 10 1,988 9 5 723 10 2 ! 715 4 10 1,979 7 2 1,426 5 8 974 11 0 12,355 18 8 Salaries, wages, horse allowances, race repairs, &c. Administration charge .. .. .. 500 500 10 00 500 500 800 200; 500 500 500 500 60 00 Gross profit, carried down .. .. 590 19 8 .. 52 6 4 66 3 6 .. 4,683 13 7 824 5 2 366 9 8 833 2 10 501 0 6 591 8 4 8,509 9 7 1,103 10 9 1,042 13 11 62 6 4 569 19 1 2,509 9 10 6,680 3 0 1,549 15 4 ; 1,086 14 6 j 2,817 10 0 1,932 6 2 1,570 19 4 20,925 8 3 Cr. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Sales of water, &c. .. .. .. 1,003 7 0 499 2 7 58 6 0 549 17 10 1,827 7 0 6,303 1 6 1,419 8 7 991 3 2 2,612 5 7 1,749 13 1 1,463 11 0 18,477 3 4 Rebates forfeited .. .. .. 87 3 9 12 7 8 4 0 4 20 1 3 65 19 3 298 1 5 113 12 10 94 1 4 179 4 5 156 13 1 105 18 4 1,137 3 8 Rents of cottages . . .. .. 13 0 0 12 15 1 .. .. 31 16 0 79 0 1 16 13 11 1 10 0 26 0 0 26 0 0 1 10 0 208 5 1 Gross loss, carried down .. .. .. 518 8 7 .. .. 584 77 .. .. .. .. •• •• 102 16 2 1,103 10 9 1,042 13 11 62 6 4 569 19 1 2,509 9 10 6,680 3 0 1,549 15 4 1,086 14 6 2,817 10 0 1,932 6 2 1,570 19 4 20,925 8 3

Ardgour. Arrow River. Bengerburn. Earnscleugh. Hawkdun. j Last Chance. Manuherikia. Tarras. Teviot. Total. Dr. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. To Gross loss, brought down .. .. .. 518 8 7 .. .. 584 7 7 .. .. .. •• 1,102 16 2 Interest at 4| per cent, on capital outlay 1,505 17 0 6,182 3 2 31 1 1 471 12 5 3,032 8 10 11,822 8 5 1,294 2 4 10,444 2 4 6,113 9 2 2,446 1 4 43,343 6 1 Interest at 4 per cent, on Depreciation 5 9 10 .. .. 17 8 5 8 4 5 38 2 1 15 12 2 18 14 7 11 13 6 108 13 7 223 18 7 Reserve for depreciation .. .. 44 0 0 550 0 0 .. 220 16 0 205 11 3 84 19 3 125 0 0 150 0 0 93 10 0 511 8 0 1,985 4 6 Debts "written off .. .. .. .. .. .. .. .. .. .. 606 9 10 360 15 1 . • 967 4 11 Net profit for year .. .. .. .. .. 21 5 3 .. .. .. .. .. . • • • 21 5 3 1,555 6 10 7,250 11 9 52 6 4 709 16 10 3,830 12 1 11,945 9 9 1,434 14 6 11,219 6 9 6,579 7 9 3,066 2 11 47,643 15 6 Or. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. By Gross profit, brought down .. .. 590 19 8 .. 52 6 4 66 3 6 .. 5,507 18 9 366 9 8 833 2 10 501 0 6 591 8 4 8,509 9 7 Net loss for year .. .. .. 964 7 2 7,250 11 9 .. 643 13 4 3,830 12 1 6,437 11 0 1,068 4 10 10,386 3 11 6,078 7 3 2,474 14 7 39,134 5 11 1,555 6 10 7,250 11 9 52 6 4 709 16 10 3,830 12 1 11,945 9 9 1,434 14 6 11,219 6 9 6,579 7 9 3,066 2 11 47,643 15 6