30

D.—l

TABLE No. 6—continued. WAIKAREMOANA ELECTRIC-POWER SUPPLY. Profit and Loss Account for the Year ended 31st March, 1927, compared with Year ended 31st March, 1926.

1925-26. Dr. 1926-27. ! 1925-26. Gr. 1926-27. . | £ s. d. £ s. d. £ s. d. £ s. d. 4,388 4 0 To Interest on capital .. .. .. .. .. 4,861 7 0 2,425 13 7 By Rental of plant and land leased to Wairoa Power Board .. 2,404 2 2 13 0 0 Departmental expenses .. .. .. .. 15 0 0 3,£23 2 5 Loss for year .. .. .. .. .. 4,367 5 10 Depreciation on plant (2 per cent, on value of assets in 1,432 6 0 operation at close of year) .. .. .. .. 1,717 16 0 115 6 0 Interest on Depreciation Reserve (4 per cent, on £4,431) .. 177 5 0 £5,948 16 0 £6,771 8 0 £5,948 16 0 £6,771 8 0 = i5 === l: = " ===: 3,523 2 5 To Loss for year as above.. .. .. .. .. 4,367 5 10 10,682 18 9 By Accumulated loss to date, carried to balance-sheet .. 15,050 4 7 7,159 16 4 Loss carried forward at 1st April, 1926 .. .. .. 10,682 18 9 £10,682 18 9 £15,050 4 7 j £10,682 18 9 £15,050 4 7 Depreciation Keserve. £ s. d. £ s. d. £ s. d. £ s. d. 4,431 0 0 To Balance carried to balance-sheet .. .. .. 6,326 1 0 I 2,883 8 0 By Balance at close of previous year .. .. .. 4,431 0 0 115 6 0 Interest .. .. .. .. .. .. 177 5 0 1,432 6 0 Amount reserved for year .. .. .. .. 1,717 16 0 £4,431 0 0 £6,326 1 0 j] £4,431 0 0 £6,326 1 0