B.—l [PT. IY, SUP.] .

LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY— continued. Profit and Loss Account for Year ended 31st March, 1925, compared with Year ended 31st March, 1924— continued. Gross Revenue A c count— continued.

18

1923-24. 1924-25. 1923-24. — 1924-25. - " - ? I • -- • - ■ - - L_ o I I I . I £ s. d. £ s. d. £ s. d. £ s. d. I , s ' 14,904 l(i (i Brought forward .. .. .. 17,351 4 7 78,508 5 0 Brought forward .. .. J 92,163 2 7 To Stand-by provision — Payment to Christchurch Tramway 1,350 0 0 Board for rental .. .. 1,350 0 0 Payment to Christchurch Tramway 70 18 10 Board for energy supplied .. 26 13 1 * 1,376 13 1 1,420 18 10 Management and general expenses — 1,846 11 8 Salaries .. .. .. .. 2,155 17 1 308 16 7 Sick and holiday pay to workmen .. 313 13 11 114 14 3 Travelling-expenses .. .. 71 13 1 379 0 0 Office-rent .. .. .. 379 0 0 65 10 0 Kent of other buildings .. .. 65 10 0 159 1 0 Postages and telegrams .. .. 148 7 3 121 8 6 Telephone subscriptions . .. 126 17 3 137 8 1 Printing and stationery .. .. 131 19 8 - 32 14 0 Advertising .. .. .. 12 10 0 383 7 8 Accident pay .. .. .. 238 8 8 93 9 1 Fire insurance .. .. .. 83 10 5 112 0 0 Audit fees .. .. .. 88 6 S 248 9 8 Meter-reading and line-inspection .. 313 2 8 101 13 11 Commission on collection of accounts j 73 13 5 283 18 0 Electrical testing .. .. ..I 329 9 11 3 10 5 Miscellaneous trade expenses . . 10 7 5 4,542 7 5 4,391 12 10 23,270 5 1 20,777 8 2 57,730 16 10 Balance to Net Revenue Account .. .. 68,892 17 6 £78,508 5 0 £92,163 2 7 £78.508 5 0 £92,163 2 7 Net Revenue Account. S. f>. d. £ s. d. j £ s. | j £ s. d. 12,584 0 0 To Depreciation at 2 per cent, per annum on completed work 15,679 0 0 i 57,730 16 10 By Balance from Gross Revenue Account .. .. 68,892 17 6 44,443 9 6 Interest for year ended 31st March .. .. .. 47,780 6 9 703 7 4 Balance to Profit and Loss Appropriation Account .. 5,433 10 9 : I j £57,730 16 10 £68,892 17 6 £57,730 16 10 £68,892 17 6