i w

B—l [PT. IY].

ELECTRIC SUPPLY ACCOUNT— continued. NORTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY— continued. Balance-sheet at 31st March, 1935.

25

H 3 J 1933-34. ; Liabilities. j 1934-35. 1933-34. Assets. 1934-35. H— i j 7 - * 1 £ s d £ s. d. £ s. d. £ s. d. He&dworks, power-house, machinery, &c. — £ s. d. £ s. d. I 794,820 12 9 Depreciation Reserve ' 959,085 16 *2,087,972 .. .. .. ..2,1^1,518^10 1,205,367 2 11 Mangahao .. .. .. •• 1,208,775 12 8 Sinking Fund- 518 ' 526 4 4 Waikaremoana 521,820 13 10 49,768 0 0 Utilized for redemption of loans .. 55,929 15 6 ' ' 6,053 5 9 Amount available for further redemption.. .. 4,122,130 8 3 ! 55,929 15 6 Auxiliary plants — nn 891 n Q 61,805 15 5 Diesel Station, Penrose .. •• 61,801 16 11 ' w 9,127 9 4 Steam Station Grand Junction .. .. 9,125 19 4 10,814 1 11 Steam Station, Huntly .. .. 10,847 1 11 81,774 18 2 64,432 11 8 Sundry creditors .. .. •• •• 60,930 17 2 81,747 6 8 1,509,068 4 11 Transmission-lines .. .. •• 1,540,374 2 10 8,345,923 3 0 Head Office Account .. 8,329,345 8 4 890,815 9 5 .. - .. 9 iH?o ,! t 27,693 1 10 Office buildings, land, railway siding, harbour .. 34,418 16 8 facilities, &c. 97,874 9 4 Service buildings, workmen's accommodation, .. 97,977 1 4 &c. 39,241 9 10 Temporary development, Waikaremoana .. .. 39,241 9 10 416,952 10 5 Salaries and expenses of engineers and others .. 428,064 11 9 on surveys and during construction 234,697 11 10 Cost of raising loans .. .. .. .. 281,992 11 10 935,641 0 8 Interest during construction .. .. .. 937,468 18 3 8,355,861 13 2 8,505,539 6 5 28,434 2 5 Plant, motor-vehicles, &c. .. .. .. 24,785 17 6 114,365 15 0 Stocks .. .. .. 107,813 0 7 6,053 5 9 Sinking Fund investments 179,862 8 11 Sundry debtors .. .. .. • • •• 180,305 2 0 576,420 7 11 Accumulated loss .. .. •• 586,848 10 7 £9,260,997 13~2~ £9,405,291 17 1 £9,260,997 13 2 £9,405,291 17 1