D.—l

24

TABLE No. 6 -continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA SCHEME— continued. Profit and Loss Account fob Year ended 31st March, 1928, compared with Year ended 31st March, 1927— continued. Gross Revenue Account — continued.

1926-27. 1927 28. j| 1926-27. 1927-28. £ s. d. £ s. d. £ s. d. £ s. d. £ g. d. 4,711 1 2 Brought forward .. .. 5,356 4 7 40,936 19 3 j 108,747 14 2 Brought forward .. .. .. .. 125,311 14 3 To Management and general —continued. Testing, oil-drying, repairs, &c., for con242 4 8 sumers .. .. .. .. 269 12 11 Legal expenses.. .. .. .. 5 5 0 5,631 2 6 4,953 5 10 46,568 1 9 28,713 7 8 80,034 6 6 Balance to Net Revenue Account .. .. 78,743 12 6 £108,747 14 2 £125,311 14 3 £108,747 14 2 ; £125,311 14 3 Net Revenue Account. £ s. d. £ s. d. £ s. d. £ s . d. 80,034 6 6 By Balance from Gross Revenue Account .. .. .. 78,743 12 6 To Interest on purchase-money for plant purchased from Waihi 37,989 7 6 Gold-mining Company, and on advances from Treasury .. 44,189 14 1 16,481 7 0 : Depreciation on completed works (2 per cent.) and on stocks 18,646 6 0 54,470 14 6 62,836 0 1 25,563 12 0 j Balance to Profit and Loss Appropriation Account .. 15,907 12 5 £80,034 6 6 ; £78,743 12 6 £80,034 6 6 j £78,743 12 6 Profit and Loss Appropriation Account for Year ended 31st March, 1928, compared with Year ended 31st March, 1927. £ s. d. £ s. d. £ s. d. £ s. d. Sinking Fund contributions to date, as required by section 12 j 25,563 12 0 By Balance from Net Revenue Account .. .. .. 15,907 12 5 8,448 0 0 of the State Supply of Electrical Energy Act, 1917 .. 9,732 0 0 17,115 12 0 Reserve Fund .. .. .. .. .. .. 6,175 12 5 i | £25,563 12 0 £15,907 12 5 , £25,563 12 0 j £15,907 12 5