B.—l [FT. IV, SUP.]

ELECTRIC SUPPLY ACCOUNT— continued. LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY— continued. Profit and Loss Account for Year ended 31st March, 1928, compared with Year ended 31st March, 1927— continued. Gross Revenue Account— continued.

15

1926-27. j 1927-28. 1926-27. 1927-28. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 23,741 0 10 Brought forward .. .. .. 30,695 15 7 150,239 13 10 Brought forward .. .. 171,127 0 11 1 To Stand-by provision — Payment to Christchurch Tramway Board 1,483 9 5 for energy supplied .. .. .. 1,483 9 5 • Management and general expenses — 2,522 11 2 1 Salaries .. .. .. .. 5,358 6 6 301 12 4 Sick and holiday pay to workmen .. 532 11 10 142 17 8 , Travelling-expenses .. .. . . 629 18 4 379 0 0 Office-rent .. .. .. .. 336 0 0 65 10 0 Rent of other buildings .. 65 10 0 95 13 3 Postages and telegrams .. .. 104 18 2 153 13 9 Telephone subscriptions .. .. 161 16 2 65 3 10 Printing and stationery .. .. 47 1 1 14 2 6 Advertising .. .. .. .. 12 8 9 59 9 2 Accident pay .. .. .. 319 12 6 125 3 0 Fire insurance .. .. .. 139 15 8 163 2 6 Audit fees .. .. .. .. 95 10 6 218 3 1 Meter-reading and line-inspection .. 266 12 6 212 4 3 Electrical testing . . .. . . 238 15 3 9 13 6 Miscellaneous trade expenses .. 26 11 7 90 15 5 Duplication works opening ceremony 72 15 5 Bad debts suspense account .. .. 2 12 4 Proportion of salaries, rents, and expenses, Head Office and High Commissioner's 812 0 0 Staff .. .. .. 1,020 0 0 I 9,358 1 2 5,503 10 10 1 1 40,053 16 9 30,728 1 1 119,511 12 9 Balance to Net Revenue Account .. .. 131,073 4 2 £150,239 13 10 £171,127 0 11 £150,239 13 10 £171,127 0 11 ■■ =1 ■ ' ' ■ '=1 I Net Revenue Account. £ s. d. £ s. d. | £ s. d. £ s. d. 28,167 17 2 To Depreciation at 2 per cent, per annum on completed work .. 29,862 19 7 119,511 12 9 By Balance from Gross Revenue Account .. .. 131,073 4 2 65,093 10 4 Interest for year ended 31st March .. .. .. 75,629 16 9 26,250 5 3 Balance to Profit and Loss Appropriation Account . . 25,580 7 10 (£119,511 12 9 £131,073 4 2 I £119,511 12 9 j £131,073 4 2