B.—l [Pt. IVJ.

WAIKAREMOANA ELECTRIC-POWER SUPPLY. Profit and Loss Account for Year ended 31st March, 1923.

117

1921-22. 1922-23. 1921-22. 1922-23. £ s. d. 915 5 0 £915 5 0 £ s. d. To Interest on capital from 1st January, 1923 By Rental oi plant leased to Wairoa Power Board from lst January, 1923 .. .. .. .. .. 525 0 0 Loss on operations .. .. .. .. .. 390 5 0 £915 5 0 % Balance-sheet at 31st March, 1923. 1921-22. Liabilities. 1922-23. 1921-22. Assets. 1922-23. il £ s. d. 57,552 4 3 5,014 0 0 Balance carried to general balance-sheet Sundry creditors £ s. d. 72,894 15 9 4,146 6 11 £ s. d. 32,079 12 3 12,525 5 0 9,544 12 3 5,327 10 0 Access roads and bridges Pipe-lines Power-house building and machinery Compensation for land Headworks Staff cottages Loose plant Telephone-line Survey, engineering, and office expenses Interest during construction £ s. d. 11,920 11 4 18,550 17 3 27,564 5 10 6,334 10 7 227 0 6 1,714 16 10 335 10 0 1,000 0 0 2,780 10 11 5,697 14 5 1,573 19 6 1,515 5 3 Sundry debtors Balance lrom Profit and Loss Account : Loss 76,125 17 8 525 0 0 390 5 0 £62,566 4 3 £77,041 2 8 £62.566 4 3 £77,041 2 8 I