B1 [PT. IV, SUP.].

ELECTRIC SUPPLY ACCOUNT— continued. WAIKAREMOANA ELECTRIC-POWER SUPPLY— continued. Balance-sheet at 31st March, 1928— continued.

34

1926-27 Liabilities. 1927—28. 1926-27. Assets. 1927-28. j ; j , £ s. d. I £ s. d. 1 £ s. d. £ s. d. j £ <=. d. 206,715 0 2 Brouglit forward .. .. . .. 671,210 19 5 104,645 16 9 j Brought forward .. .. .. .. j 447,803 13 7 | | Management and general — 479 4 8 Exploration, preliminary survey, &c. .. 479 4 8 7,581 5 4 | Engineering and office expenses .. .. 19,947 11 11 3,913 15 11 j Salaries (office, &c.) .. .. .. 8,736 14 2 887 1 11 \ Travelling and transfer expenses .. .. 1,712 10 5 1 30,876 1 2 12,861 7 10 ] 13,030 3 1 Workers'accommodation .. .. .. .. 15,798 18 11 54 6 0 Accident appliances .. .. .. .. 81 19 5 Temporary service buildings — 3,563 5 9 Tuai and Kaitawa .. .. .. 4,791 8 8 1,220 0 1 i Wairoa and Napier .. .. .. 4,640 3 4 ! j 9,431 12 0 J 4,783 5 10 I ! Harbour facilities —Waikokopu .. .. .. 3,734 2 4 17,109 13 4 j Main roads and bridges .. .. . . .. 39,801 17 3 6,627 6 7 | Land and fencing .. .. .. .. 11,641 12 1 1,064 10 4 Telephone-line to Wairoa .. .. . . .. 1,064 10 4 174 3 6 Works telephone-lines .. .. .. .. 205 11 8 3,326 2 1 Temporary power-lines .. .. .. .. 3,659 2 2 621 18 2 Temporary water-supply .. .. .. .. 958 3 0 1,484 1 3 Installation of major plant .. .. .. 183 14 9 5,354 17 5 Construction plant .. .. -• 10,366 0 0 55 4 0 Office fittings .. .. .. . . .. 70 18 10 129 12 7 Holiday pay to workmen .. .. .. .. 1,489 9 3 123 2 0 Accident compensation .. .. .. .. 698 11 1 7,782 18 5 | Interest during construction .. .. .. 22,623 17 3 2,842 0 0 ; Cost of raising loans .. .. .. .. 13,403 0 0 46,695 9 8 613,892 15 1 1,660 7 10 Sundry debtors .. .. .. .. j .. 3,735 '6 5 Plant and material transferred .. .. .. 3,486 10 7 7,933 18 7 Stocks of materials, tools, &c. .. .. .. 31,339 13 2 15,050 4 7 Profit and Loss Account —Accumulated loss to .. 18,756 14 2 date j £206, 715 0 2 £671,210 19 5 £206,715 0 2 £671,210 19 5 I hereby certify that the Profit and Loss Account and Balance-sheet of the above-named electric-power scheme have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental note. — G. F. C. Campbell, Controller and Auditor-General.