B.—l [Pt. IV, Spp,],,

LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY— continued.

19

Profit and Loss Appropriation Account. 1923-24 —— 1924-25. ! 1923-24. — 1924-25. I I 11 I . £ s. d. | £ s. d. j £ s. d. _ £ s. d. 23,875 16 11 To Balance from previous year's statement .. .. .. 23,172 9 7; 703 7 4 By Balance from Net Revenue Account]* .. .. .. 5,433 10 9 23,172 9 7 Balance to balance-sheet— Accumulated loss .. .. 17,738 18 10 £23,875 16 11 £23,172 9 7 £23,875 16 11 £23,172 9 7 Depreciation Reserve Account. _ £ s. d. £ s. d. £ s. d. £ s. d. To Amounts written off —• ! 61,275 8 7 By Balance from previous year's statement .. .. 72,593 19 8 2,409 8 11 Motor-vehicles and tools .. .. .. .. 1,075 0 11 2,451 0 0 Interest at 4 per cent, per annum .. .. .. 2,903 15 0 307 0 0 Powerhouse turbines (renewals) .. .. .. I .. ! 12,584 0 0 Amount set aside as per Net Revenue Account .. .. j 15,679 0 0 1,000 0 0 Feeder mains (renewals) .. .. .. .. Paparua Reticulation ;. .. .. .. 1,470 10 9 72,593 19 8 Balance to balance-sheet ,. .. .. .. S8,631 3 0 £76,310 8 7 | £91,176 14 8 £76,310 8 7 ! £91,176 14 8