D.—l

20

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. Depreciation Reserve Account.

1926-27. 1927-28. 1928-27. 1927-28. £ s. d. £ a. d. £ s. d. £ s . d. 64,255 5 0 To Motor-vehicles .. .. .. •• .. 308 19 11 30,056 0 0 By Balance at close of previous year .. .. .. 64,255 5 0 Balance .. .. .. .. .. .. 101,817 2 7 1,202 5 0 Interest at 4 per cent, per annum .. .. .. 2,570 4 2 32,997 0 0 Amount set aside as per Net Revenue Account.. .. 35,300 13 4 £64.255 5 0 102,126 2 6 £64,255 5 0 £102,126 2 6 — „ —. """ ....... . | 1 ! — Balance-sheet as at 31st Makch, 1928. 1926-27. I Liabilities.. 1927-28. 1926-27. Assets. \ 1927-28. I ! ! 1 £ s. d. £ s. d. £ s. d. £ s. d. Headworks — £ s. d. £ s. d. 64,255 5 0 Depreciation Reserve .. .. .. •• 101,817 2 7 9,993 18 11 Land, headworks, &c. .. .. 9,990 4 7 70,017 19 6 Roads, tram-lines, &c. .. .. 73,065 5 8 28,023 17 3 Sundry creditors .. .. .. •• 75,601 7 1 11,230 16 3 Local electric line .. .. .. 11,666 15 2 — — 379,512 16 6 Dams 1, 2, and 3 .. .. .. 476,658 16 0 Balance carried to General Balance-sheet — 150,058 1 4 Tunnels 1 and 2 .. .. .. 152,300 19 10 2,449,457 9 7 Total assets as per contra .. .. 2,706,192 6 1 108,469 13 2 Pipe-line, &c. .. .. .. 108,788 11 3 92,279 2 3 Less total liabilities as above .. 177,418 9 8 14,882 5 2 Surge-chamber .. .. . 15,045 7 10 — — 2,528,773 16 5 847,516 0 4 2,357,178 7 4 744,165 10 10 Power-house — 63,347 4 6 Buildings, &c. .. .. .. 63,864 4 4 204,496 12 2 Machinery, &c. .. .. .. 205,852 12 2 8,690 17 9 Tail-race .. .. .. .. 12,870 8 8 2,440 0 6 Village water-supply.. .. .. 18,619 11 0 I — — 301,206 16 2 278,974 14 11 Accommodation for staff —Buildings, fences, 15,936 6 0 &c. Transmission-lines (110,000-volt) — 8,523 17 8 Lands, lines, and substations .. 142,423 17 5 Shannon-Khandallah .. .. 147,122 1 2 96,724 16 1 Shannon-Wanganui .. .. .. 97,742 19 4 45,161 6 10 Bunnythorpe-Dannevirke .. .. 45,582 5 7 68,086 10 0 Woodville-Masterton .. .. 68,717 13 9 76,577 12 6 Dannevirke-Napier .. .. .. 76,235 4 0 — 435,400 3 10 437,498 0 6 2,449,457 9 7 Carried forward .. .. .. 2,706,192 6 1 1,476,574 12 3 Carried forward .. .. .. 1,584,123 0 4