B.—l [PT. IV].

ELECTRIC SUPPLY ACCOUNT— continued. SOUTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY. Profit and Loss Account for Year ended 31st March, 1939, compared with Year ended 31st March, 1938.

14

Gross Revenue Account. — 1938-39. 1937-38. 1938-39. 1937-38. To Generating-expenses, headworks, power- £ s. d. £ s. d. £ a. d. By Sales of energy — £ s. d. £ s. d. £ s d houses, and auxiliary plant Wholesale .. .. .. 454,254 12 5 387 057 15 11 Lake Coleridge .. .. .. 16,698 3 11 9,954 4 9 Retail .. .. .. .. 94,879 12 11 92 555 9 0 Waitaki 8,495 3 3 9,164 8 1 \ ' 549 lu 5 4 55S 9 ° Kaimata ........ 877 5 9 329 5 8 ' d7 n ei? » ,, Dobson .. .. .. .. 26,300 12 5 3,456 10 11 Lyttelton Diesel station .. .. .. 1,217 14 0 Bad debts recovered .. .. 54 6 9 192 10 10 Southland .. .. 15,118 7 1 11,198 6 8 Discounts forfeited .. .. .. .. 23 18 9 23 3 0 Purchases in bulk .. .. .. 4,140 5 5 .. Rents — 71,629 17 10 Land and buildings .. .. 3,290 2 0 2 637 11 9 35,320 10 1 Electric lines and plant, &e. .. 1,698 7 6 l'725 15 0 Transmission and distribution — . o, a _ Primary distribution .. .. 20,108 1 2 11,484 1 1 ' d Wl ft Q Secondary distribution .. .. 13,319 11 10 9,043 6 4 I 33,427 13 0 — Fees for testing and repairing electrical .. 2,505 0 2 1,945 17 9 20,527 7 5 appliances and earnings of motorvehicles Substations .. .. .. .. 17,949 7 3 16,788 1 3 Plant, tools, testing, &c. .. .. .. 8,325 2 1 268 3 0 Electrical testing .. .. .. .. 448 15 11 194 2 5 Miscellaneous — Trunk telephone system .. .. .. 1,096 14 6 822 4 1 Commissions, sales of appliances, &c. .. 4 .Vn 19 fi 7 oqn ! ■> * Management and general expenses .. .. 54,916 6 3 52,721 8 8 187,793 16 10 126,641 16 11 Balance, to Net Revenue Account .. .. 373,506 3 2 364,786 18 8 £561,300 0 0 £491,428 15 7 £561,300 0 0 ~£491 ,428 U~T — = Net Revenue Account. £ s. d. £ s. dr. jp s d £ j To Interest for year ended 31st March, 1939 .. 231,059 18 li 220,111 11 6 By Balance from Gross Revenue Account .. 373 506 3 2 364 786 18 s Depreciation on completed works .. .. 82.616 10 7 112,374 15 3 Revenue from rates, &c. 'l50 11 7 199 in Cost of raising loans .. .. .. 1,404 2 0 1,362 12 11 " Commission, collecting rates, &c. .. .. 41 7 7 73 5 0 Balance to Profit and Loss Appropri- .. 58,534 15 8 30,986 15 11 tion Account £373,656 14 9 £364,909 0 7 £373,656 14 9 £364,909 0 7