13.—1 [PT. IY, SUP.] .

ELECTRIC SUPPLY ACCOUNT. STATEMENT OF ACCOUNTS AT THE 31st MARCH, 1925. General Balance-sheet at 31st March, 1925, compared with Position at 31st March, 1924.

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11)23-24. Liabilities. 11)24-2 . 1923-24. j Assets. 1924-25. _ __ . _ - , £ s. d. Aid to Water-power Works and Electric j £ s. d. £ s. d. £ s. d. Lake Coleridge scheme — I £ s. d £ s. d. Supply Accounts — | L ( .i vS 10 Assets as per separate balance-sheet .. 1,078,522 1 2 Debentures issued — Profit and Loss Account —Accumulated 125,000 0 0 At 4 per cent, interest .. .. 125,000 0 0 i?3.i72 'J 7 loss to date .. .. .. 17,738 18 !(> 344,000 0 0 At 4£ per cent, interest .. .. 344,000 0 0 — 1,096,261 0 0 4,000 0 0 ; At 5£ per cent, interest .. .. 4,000 0 0 !j 977, 7tl 18 5 ' 55,750 0 0 At 5 per cent, interest .. .. 55,750 0 0 i N.Z. inscribed stock — Lake Waikaix n.oana scheme — 800,360 0 0 At 5 per cent, interest (due 1930) .. 800,360 0 0 77,147 19 0 Assets as j\r separate balance-sheet .. 78,178 17 5 N.Z. Consolidated Stock — i>,804 4 0 Profit and i.oss Account —Loss to date .. 7,159 16 4 510,991 13 4 At 5 per cent, (due 1935-45).. .. 510,991 13 4 85,338 13 9 1,076,938 9 3 At 6 per cent, interest (due 1936-51) . . 1,076,938 9 3 8J ,012 o 0 807,703 17 0 At 6 per cent, interest (due 1936-51) .. 807,703 17 0 |— 3,724,743 19 7 Waika to River schemes — 3,724.743 19 7 Horahora — ; 512,201 19 0 I Assets as per separate balance -sheet .. .. 565,267 14 9 Arapuni — £ s. el. 176 0 0 Land and fencing .. 176 0 0 | 10.598 13 3 Roads and bridges .. 26,218 9 9 Electric lines and teleWaihi Gold-mining Company (Limited) — 351 3 0 phone service .. 319 8 2 Purchase of Horahora works —Deed of 4,715 15 8 Houses .. .. 5,631 1 7 212,500 0 0 security at 5 per cent, interest .. .. 212,500 0 0 j Offices and temporary | .. buildings .. .. 5,947 5 7 . i 38,292 5 1 15,841 11 11 11 Headworks — Consolidated Fund — Engineering and preInterest accrued on loans to 31st March, 13,890 1 7 liminary works .. 17,352 19 1 42,036 14 11 1925 .. .. .. .. 41,483 1 5 Electric supply for Sundry creditors for interest unclaimed .. 67 10 0 471 15 4 works .. .. 433 11 6 41,550 11 5 Dam and other headworks under Arm-strong-Whitworth's 9,421 1 0 contract .. 111,285 15 5 129,072 6 0 Amount set aside as reserve to cover differ- 23,782 17 11 ence between interest payable on loans raised and interest earned from their 50,000-volt lines — 29,452 4 11 temporary investment pending use .. .. 30,848 18 8 4,832 13 1 Horahora-Arapuni .. 4,836 17 8 155 9 5 Arapuni-Ngongotaha 5,891 12 3 Penrose-Waitemata 223 4 11 Katikati-Waikino .. 486 4 7 Pokeno-Waihou .. 11 8 0 11,449 7 5 4,988 2 6 4,008,732 19 5 Carried forward.. .. .. .. 4,009,643 9 8 1,615,528 12 9 Carried forward.. .. .. .. 1,746,867 8 6 i