£>.—l.

TABLE No. 6— continued. MANGAHAO ELECTRIC-POWER SUPPLY— continued. Profit and Loss Account for the Year ended 31st March, 1928, compared with Year ended 31st March, 1927— continued. Gross Revenue Account — continued.

19

i I. I ■ | 1926-27. | 1927-28. 1926-27. 1927-28. j [I | j - I £ s. di £ s. d; £ s. d. £ s. d. £ s. d. £ s. d. 4,989 19 1 Brought forward .. .. 7,146 16 7 25,445 1 0 101,897 1 4 Brought forward .. .. 44,111 15 2 To Management and general —continued. 116 7 6 Printing, stationery, and advertising.. 302 10 10 i Motor-ears and general travelling487 13 7 expenses .. .. .. 277 18 6 453 18 9 Accident, sick, and holiday pay 42 15 1 12 4 2 Fire insurance ...... 42 12 3 133 16 1 Audit fees .. .. ..; 20 4 2 Legal expenses .. .. . ■ 93 17 0 480 11 9 Miscellaneous expenses .. .. 563 0 11 —i- 8,469 11 2 6,694 15 1 26,920 18 8 74,976 2 8 Balance to Net Revenue Account .. .. 10,197 3 0 £101,897 14; £44,111 15 2 £101,897 1 4 j £44,111 15 2 Net Revenue Account. £ • s. d. £ s. d. £ s. d. £ s. d. To Depreciation at 2 per cent, per annum on completed works 74,976 2 8 By Balance from Gross Revenue Account.. .. .. 10,197 3 0 32,997 0 0 at 31st March, 1928 .. .. .. .. 35,300 13 4 56,902 9 4 " Loss for year .. .. .. .. .. 131,544 2 8 98,881 12 0 Interest ior year ended 31st March, 1928 .. .. 106,440 12 4 £131,878 12 0: £141,741 5 8 j £131,878 12 0 j £141,741 5 8 Profit and Loss Appropriation Account. £ s. d. £ s. d. £ s. d. £ s. dJ To Balance from previous year .. .. .. .. 124,193 2 1 .. By Balance .. .. .. .. .. 255,737 4 9; .. Balance from Net Revenue Account .. .. .. 131,544 2 8 £255,737 4 9 .. £255,737 4 9 Arrears of Sinking Fund contributions to 31st March, 1928 : £66,393.