B.—l [PT. IV].

ELECTRIC SUPPLY ACCOUNT— continued. STATEMENT OF ACCOUNTS AT THE 31st MARCH, 1940. General Balance-sheet at 31st March, 1940, compared with Position at 31st March, 1939.

3—B. 1 [PT. IV].

13

Liabilities. 1939-40. 1938-39. Assets. 1939-40. 1938-39 Aid to Water-power Works and Electric £ s. d. £ s. d. £ s . d. £ s. d. £ s d £ s d Supply Accounts— ! North Island scheme — Debentures Stock issued Assets as per separate balance-sheet* .. 11,039,964 16 8 10 280 338 13 5 At per cent, interest .. .. 1,300,000 0 0 1,300 ,000 0 0 Investments, Sinking Fund .. .. 2,175 7 5 At 3 per cent, interest .. .. 3,149,372 9 6 3,149,372 9 6 11 042 140 4 1 — At 3J per cent, interest .. .. 1,449,225 0 0 | 1,449,225 0 0 ' ' \jn 9xn ax n -7 At 3J- per cent, interest .. .. 567,490 0 0 573,555 0 0 , ' At 4 per cent, interest .. .. 1,643,470 0 0 i 1,647,600 0 0 At 4£ per cent, interest .. .. 2,623,913 18 0 2,623,913 18 0 \ At 5 per cent, interest .. .. 3,159,227 13 6 3,159,227 13 6 |i Debentures not yet converted.. .. ... 50 0 0 | Treasury Bills f South Island scheme — At 1} per cent, interest .. .. 110,000 0 0 .. Assets as per separate balance-sheetf .. 7,294,627 0 0 7 013 536 11 10 At 3 per cent, interest .. .. 75,000 0 0 .. Investments, Sinking Fund .. .. 10,547 0 5 ' lo'321 2 3 Treasury Notes — j j 7 gQg q g ' At 4} per cent, interest .. .. 93,500 0 0 j .. ' ' ~ noi u 7 14,171,199 1 0 ',0-3,857 14 1 13,902,944 1 0 !i Consolidated Fund — : Interest accrued on loans to 31st March, 133,218 9 4 133 577 6 10 1940 Sundry creditors for interest unclaimed .. .. 12 0 0 — — 133,218 9 4 [ 1 Surveys and General .. .. ... 18,519 14 6 18,665 8 5 133,589 6 10 ' Temporary loan .. .. .. .. 12,000 0 0 Temporary transfers from other accounts .. .. 175,000 0 0 210,000 0 0 j! " Interest reserve, being excess of interest .. 82,606 13 5 82,126 3 2 charged to schemes over interest actually paid on capital liability I . Carried forward .. .. .. 14,562,024 3 9 14,340 ,659 11 0 Carried forward .. .. .. 18,365,833 19 0 17,322,861 15 11 * Published in parliamentary paper D.— 1, page 16. "j* Published in parliamentary paper D.-l, page 19.