B.—l [Pt. 111, Sup.].

WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME— continued. Profit and Loss Account for Year ended 31st March, 1922, compared with Year ended 31st March, 1921— continued. Gross Revenue Account — continued.

16

1920-21. 1921-22. 1920-21. 1921-22. I . £ s. d. 5,447 2 7 142 17 2 Brought forward .. .. .. i Hire of plant .. .. .. .. j £ s. d. £ s. d. 5,890 19 2 £ s. d. 14,804 18 6 Brought forward .. £ s. d. 28,207 4 1 "" *■ ~ I Management and general — Management, salaries, and wages Accident insurance, sick and holiday pay .. Travelling-expenses and motor-cars .. Postages, telegrams, and telephone .. Fire insurance Legal expenses Printing, stationery, and advertising.. Office rent, cleaning, and lighting Experimental testing Miscellaneous expenses 769 13 2 180 2 2 191 14 10 59 7 2 24 16 11 7 7 0 48 11 9 97 19 3 17 5 1 9 5 8 503 5 3 60 12 4 87 16 11 35 10 1 41 8 10 27 6 0 34 15 5 60 7 0 10 18 2 I— 862 0 0 Purchase of current Testing, oil-drying, repairs, &c, for consumers Balance to Net Revenue Account 406 3 0 8 15 6 680 10 7 _ £14,804 18 6 £28,207 4 1 6,451 19 9 7,986 8 3 8,352 18 9 20,220 15 10 £14,804 18 6 £28,207 4 1 £28,207 4 1 Net Revenue Account. £ s. d. 10,675 0 0 3,959 14 0 £14,634 14 0 £ s. d. To Interest on purchase-money for plant purchased from Waihi Gold-mining Company, and on advances from Treasury.. 13,187 5 0 ■ Depreciation on completed works (2 per cent.) .. .. 4,262 3 4 Special depreciation provision to cover cost of replacing temporary work .. .. .. .. .. 250 0 0 Balance to Profit and Loss Appropriation Account .. 2,521 7 6 £20,220 15 10 £ £ s. d. 8,352 18 9 By Balance from Gross Revenue Account 6,281 15 3 Balance to Profit and Loss Appropriation Account E14,634 14 0 £ s. d. 20,220 15 10 £14,634 14 0 £20,220 15 10