T.—ls

(a) Indebtedness and Annual Loan Charges The following table shows the net indebtedness on account of the Water-supply Board as at the present time. As has been noted several times previously, there is only one such district in existence : — Table showing the Amount of Net Indebtedness on account of Loans of Water-supply Board from 1924-25 to 1943 44 £ £ 1924-25.. .. .. 16,602 1934-35 .. .. ..9,283 1925-26.. .. .. 15,454 1935-36 .. .. .. 9,170 1926-27.. .. .. 15,352 1936-37 .. .. .. 9,311 1927-28.. .. .. 14,887 1937-38.. .. .. 8,924 1928-29.. .. .. 14,397 1938-39 .. .. .. 8,522 1929-30.. .. .. 13,880 1939-40 .. .. ..9,215 1930-31.. .. .. 10,418 1940-41 .. .. ..8,736 1931-32.. .. 10,147 1941-42.. .. 8,272 1932-33.. .. .. 9,869 1942-43.. .. .. 7,789 1933-34.. .. .. 9,581 1943-44 .. .. ..7,287 The only occasion during the period under review when a water-supply district raised money through the State Advances Corporation was in 1939-40, when £1,600 was so raised. The following table shows the total annual loan charges \—y

Table showing Total Annual Loan Charge of Water-supply Board from 1924-25 to 1943-44

(12) Local Railway Board (a) Revenue Since for the greater part of the period under review the Ohai Railway Board has been the only local railway district, the figures in the following table refer only to that Board. Although the Board has a rating-power, it has over recent years not had to exercise that power, and its revenue has been derived solely from the operations of its railway. In fact, from the figures available it would seem that the institution is in a very satisfactory financial position.

Table showing Receipts of Local Railway Board * from 1924-26 to 1943-44

B—l. 15

113

Year. . , Sinking rl , , , Year. T , , Sulking , , Interest. „ ,® Total. Interest. u , s Total. Fund. Fund. £ £ £ £ £ £ 1924-25 .. "1 f 1,146 1934-35 .. 473 274 747 1925-26 .. 1,146 1935-36 .. 379 361 740 1926-27 .. 1,146 1936 37 .. 382 389 771 1927-28 .. 1,146 1937-38 .. 368 403 771 1928-29 .. I Not available J 1,146 1938-39 .. 355 416 771 1929-30 .. [ ] 1,140 1939-40 .. 389 464 853 1930-31 .. 855 1940-41 .. 354 464 818 1931-32 .. 855 1941-42 .. 336 482 8.18 1932-33 .. 855 1942-43 .. 317 501 818 1933-34 .. J l 756 1943-44 _ 295 524 819

Revenue from— Receipts (not Revenue). 1 : •S -e i | I Financial Year. a s- w » g § g ® p> 'c; .2 22 - o a v >-* 3.81 a « . 5 w o ft O o fl 5, _ -g S r/) s J ¥ ® 05 2d H ~ w o ' 5 5 H (S ° & H O ££££££ 1924-25 .. .. .. 32] 31,590 .. 31,911 475f 32,386 1925-26 443 30,111 .. 30,554 l,531f 32,085 1926-27 .. .. .. ]96 33,886 .. 34,082 120f 34,202 1927-28 .. .. .. 24 33,791 .. 33,815 .. 33,815 1928-29 .. .. .. .. 28,949 .. 28,949 .. 28,949 1929-30 .. .. .. .. 30,989 .. 30,989 .. 30,989 1930-31 .. .. .. .. 28,939 .. 28,939 .. 28,939 1931-32 .. .. .. 21,416 .. 21,416 .. 21,416 1932-33 .. ... • • • ■ 14,115 57 14,172 .. 14,172 1933-34 .. ... .. .. 19,618 .. 19,618 .. 19,618 1934-35 .. .. .. 17,903 .. 17,903 .. 17,903 1935-36 .. .. .. .. 14,816 .. 14,816 .. 14,816 1936-37 .. .. 17,366 .. 17,366 .. 17,366 1937-38 .. ..... .. 16,530 .. 16,530 16,530 1938-39 .. .. .. .. 16,605 .. 16,605 .. 16,605 1939-40 .. .. .. .. 16,540 .. 16,54-0 .. 16,540 1940-41 . .. .. .. 19,062 .. 19,062 .. 19,062 1941-42 .. .. .. .. 20,587 .. 20,587 .. 20,587 1942-43 .. .. .. 21,228 .. 21,228 .. 21,228 1943-44 .. .. .. .. 21,873 .. 21,873 .. 21,873 * 1928-20 to 1941-42 Ohai Railway District only. t Includes all receipts not revenue.