B.—l [Pt. IVJ.

WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME— continued. Profit and Loss Account for Year ended 31st March, 1923, compared with Year ended 31st March, 1922— continued. Gross Revenue Account — continued.

119

1921-22. 1922-23. | 1921-22. 1922-23. £ s. d. 5,4,55 8 9 297 10 4 12 0 10 309 11 2 Brought forward Main substations (50,000 volt) — contd. — Distribution substations — Waihi Grand Junction Various £ s. d. 2 12 1 31 1 10 £ s. d. 6,354 13 9 33 13 11 £ s. 28,207 4 d. 1 Brought forward .. £ s. d. £ s. d. 41,818 12 7 • 97 8 7 6 7 10 22 2 10 125 19 3 769 13 2 180 2 2 191 14 10 69 7 2 24 16 11 7 7 0 48 11 9 97 19 3 17 5 1 9 5 8 , Distribution lines, (11,000 volt)— Horahora-Hamilton-Frankton — Wages Repairs and supplies Transport Waikino-Wnihi Management and general — 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 109 16 1 61 9 0 34 18 11 5 11 10 1,497 19 0 339 8 6 430 1 8 103 12 1 26 5 6 1 11 6 74 5 7 179 9 0 56 7 11 15 5 5 211 15 10 9 79A e 9 I 1,406 3 0 8 15 6 j 680 10 7 \ Purchase of current Testing, oil-drying, repairs, &c, for consumers £.,16** U ni 90 4 2 | 2,724 6 2 90 4 2 306 13 11 306 13 11 7,986 8 3 i 9,721 7 9 9,721 7 9 : 20,220 15 10 ' £28,207 4 1 Balance to Net Revenue Account £■ 32,097 4 10 32,097 4 10 241,818 12 7 £41,818 12 7 £41,818 12 7 £28,207 4 1 Net Revenue Account. £ a. d. £ s . d. £ b. d. j To Interest on purchase-money for plant purchased from Waihi 20,220 15 10 By Balance from Gross Revenue Account 13,187 5 0; Gold-mining Company, and on advances from Treasury.. 19,208 7 8J 4,262 3 4 ; Depreciation on completed works (2 per cent.) .. .. 0,236 9 3 I Special depreciation provision to cover cost of replacing tem250 0 0 porary work .. .. .. .. .. 383 4 2 2,521 7 6 Balance to Profit and Loss Appropriation Account .. 0,269 3 9 £20,220 15 10 £32,097 4 10 £20,220 15 10 £ s. d. 32,097 4 10 £32,097 4 10 ■