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LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY— continued. Profit and Loss Appropriation Account.

1921-22. To Balance from previous year's statement .. 1922-23. £ s. d. 29,175 9 5 1921-22. £ s. d. 1,498 8 11 By Balance from Net Revenue Account 29,175 9 5 Balance to balance-sheet —Accumulated loss I 1922-23. £ s. d. 5,299 12 6 23,875 16 11 1922-23. £ s. d. 30,673 IS 4 £30,673 18 4 i £29,175 9 5 I £30,673 18 4 ■ £29,175 9 5 £29,175 9 5 | £30,673 18 4 EPBECIATION R: iserve Account. £ s. d. 427 9 6 54,530 19 0 £54,964 8 6 To Amounts written off — Motor vehicles and tools Transmission-line reconstruction Balance to balance-sheet £ s. d. 4,750 0 0 61,275 8 7 £66,025 8 7 £ s. d. j 44,750 17 9 By Balance from previous year's statement .. 1,790 0 9 Interest at 4 per cent, per annum 8,423 10 0 ! Amount set aside as per Profit and Loss Account .. £ s. d. 54,536 19 0 2,181 9 7 9,307 0 0 \ £54,964 8 6 £54,964 8 6 £66,025 8 7 Xote. The State Supply of Electrioal Energy Act provides for the establishment of a sinking fund of 1 per cent, per annum when profits are available for the purpose) and for the payment of arrears of sinking-fund contributions out of any future profits. The arrears of Sinking fund (at 4 per cent, interest) since commencement of operations in 1915 total £37,765.