B. —1 [PT. IV, SUP.].

I hereby certify that the General Balance-sheet has been duly examined and compared with the lela- H. Arthur, tive books and documents submitted for audit, and correctly states the position as disclosed thereby.— Acting-Accountant, Public Works Department. G. F. C. Campbell, Controller and Auditor-General.

ELECTRIC SUPPLY ACCOUNT— continued. General Balance-sheet at 31st March, 1928, as compared with Position at 31st March, 1927— continued.

13

1926-27. Liabilities. 1927-28. 1926-27. Assets. 1927-28. -i ■ ■ ' ■■ ■ I I ] £ s. d. | £ s. d. £ s. d. j £ s. d. £ s. d. £ s. d. 6,140,123 17 11 ! Brought forward .. .. .. 7,338,669 6 2 ;6,427, 521 6 9 Brought forward .. .. .. 8,140,153 11 5 I Sundry Creditors — Charges and expenses of raising loans not 106, 206 11 10 i Arapuni scheme .. .. .. 182,112 9 6 875 15 0 distributed to schemes .. .. } 7,048 16 9 | Horahora scheme .. .. .. 15,191 2 6 13,258 9 7 ! Lake Coleridge scheme .. .. 15,247 7 2 Balance in Electric Supply Account at the 28,023 17 3 Mangahao scheme .. .. .. 75,601 7 1 end of the year — 14,686 3 5 Waikaremoana scheme .. .. 51,307 2 1 44,866 5 8 Cash in Public Account .. .. 30,803 17 2 , 577 2 9 South Island surveys .. .. .. 2,632 It) 11 In hands of Government officers in New 342,091 19 3 2 0 0 Zealand .. .. .. .. 185 0 11 169,801 1 7 In hands of Government officers in 79,32? 4 9 ! London .. .. .. .. 41,711 13 10 1 , 72,700 11 11 Depreciation Reserves — 124,190 10 6 63,782 3 2 Horahora scheme .. .. .. 84,271 11 6 142,594 2 0 Lake Coleridge scheme .. .. 173,231 5 10 64,255 5 0 Mangahao scheme .. .. .. 101,817 2 7 6,326 1 0 Waikaremoana scheme .. .. 8,924 11 7 Investment Account (funds invested until 368,244 11 6 150,000 0 0 actually required for use) 276,957 11 2 — Sinking Fund Reserves — 38,515 1 9 Horahora scheme .. .. .. 49,847 8 11 35,442 19 5 Lake Coleridge scheme .. .. 62,465 1 10 Interest accrued on investments to 31st 112,312 10 9 5,573 18 1 March, 1926 .. .. .. 994 18 8 73,958 1 2 421 7 0 Sundry debtors for interest due but unpaid 1,317 0 5 2,311 19 1 5,995 5 1 Reserve Fund — 47.669 10 0 Horahora scheme .. .. .. .. 53,845 2 5 Writings-off in Suspense — 72 15 5 i Lake Coleridge scheme .. .. .. 2 12 4 6,708,582 17 3j Total .. .. .. .. .. i£8,215,166 2 5 6,708,582 17 3 Total .. .. .. .. £8,215,166 2 5 i n 1 : I 1