L>.—i

TABLE No. 6— continued. MANGAHAO ELECTRIC-POWER SUPPLY. Profit and Loss Account for the Year ended 31st March, 1926. Gross Revenue Account.

28

To Generating-expenses, headworks, and power-house — £ s. d. £ s. d. By Sale of energy — £ s. d. £ s. d. Salaries, wages, and allowances .. .. .. .. 3,535 19 2 Wholesale .. .. .. .. .. .. 74,783 18 2 Maintenance headworks, dams, and pipe-lines .. .. 190 1 2 Retail (staff cottages and construction works) .. .. 1,137 8 1 Maintenance power-house building and machinery .. .. 909 0 1 75,921 6 3 Maintenance staff —Village and roads, transport and general.. 1,136 8 7 Rents 5,771 9 0 Cottages .. .. .. .. .. 918 17 10 Transmission-lines, patrol maintenance, &c. — Poles .. .. .. .. .. .. .. 699 Mangaore-Khandallah .. .. .. .. .. 2,142 5 9 925 7 7 Mangaore-Bunnythorpe .. .. .. .. .. 1,025 14 1 Tests and inspections .. .. .. .. .. .. 9 18 0 Bunny thorpe-Dannevirke .. .. .. 1,204 4 1 Woodville-Masterton .. .. .. .. .. 1,580 11 9 Dannevirke-Waipukurau .. .. .. .. 333 4 3 Miscellaneous 11,000-volt lines .. .. .. .. 58 16 7 6,344 16 6 Substations —Operating, maintenance, &c. — Khandallah .. .. .. .. .. .. 2,001 6 0 Otaki .. .. .. .. .. .. .. 28 0 2 Bunnythorpe .. .. .. .. .. .. 672 3 1 Dannevirke .. .. .. .. .. .. 431 7 3 Waipukurau .. .. .. .. .. .. 492 1 4 Woodville .. .. .. .. .. .. 424 1 9 Mangamaire .. .. .. .. .. .. 355 2 9 Masterton .. .. .. .. .. .. 463 16 8 - 4,867 19 0 Management and general expenses — Management and office salaries, &e. .. .. .. 2,397 1 0 Distribution salaries and expenses and transport .. 1,654 8 8 Postages, telephones, &c. .. .. .. .. 195 12 6 Printing, stationery, and advertising .. .. 107 8 9 j Motor-cars and general travelling-expenses .. .. 279 8 11 Accident, sick, and holiday pay .. .. .. .. 205 13 11 Miscellaneous expenses .. .. .. .. .. 4184 4,881 2 1 j 21,865 6 7 J Balance to Net Revenue Account .. .. .. .. .. 54,991 5 3 | £76,856 11 10 £76,856 11 10 Net Revenue Account. £ s. d. £ s. d. | To Depreciation at 2 per cent, per annum on complete works at 31st March, 1926.. 30,056 0 0 By Balance from Gross Revenue Account .. .. .. .. .. 54,991 5 3 j Interest for year ended 31st March, 1926 .. .. .. .. 92,225 18 0 Loss for year carried to Balance-sheet .. .. .. .. .. 67,290 12 9 £122,281 18 0 £122,281 18 0 j Depreciation Reserve Account. £ s. d. £ s. d. To Balance to balance-sheet .. .. .. .. .. .. 30,056 0 0 By Amount set aside as per Net Revenue Account .. .. .. .. 30,056 0 0