4 —B. 1 [PT. IV]

B.—l [Pt. IV

ELECTRIC SUPPLY ACCOUNT—continued. LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY—continued. Balance-sheet at 31st March, 1929.

25

1927-28. Liabilities. 1928-29. 1927-28. Assets. 1928-29. i £ s. d. £ s. d. £ s. d. £ s. d. £ s . d. £ s. d. 1,681,024 17 11 Brought forward .. .. .. .. 1,750,954 0 0 1,384,592 14 2 Brought forward .. .. .. .. 1,398,261 6 1 Telephones to Christchurch City Council and 173 19 1 Tramway Board and local offices .. 173 19 1 255 1 0 Christchurch office —Furniture and fittings .. .. 261 6 0 Engineering, office, and general expenses on 57,419 12 10 preliminaiy surveys and during construction .. 56,039 10 11 Salaries of Engineers and others on preliminary 38,737 14 3 surveys and during construction .. .. .. 39,706 11 0 18,469 0 0 Cost of raising loans .. .. .. .. 24,058 0 0 61,432 11 6 Interest during construction .. .. .. 62,761 1 11 1,561,080 12 10 1,581,261 15 0 41,793 15 5 Stocks of material, &c., on hand .. .. .. 25,985 4 2 Telephone subscriptions, fire insurance, &c., 167 7 2 paid in advance . . .. .. .. 43 9 0 1,603,041 15 5 Sundry debtors for current rent, work carried out, &c. — 357 0 10 Public Works Department .. .. 2,814 7 2 2,167 6 5 Other Government Departments .. 32,043 15 8 38,574 1 3 Non-departmental .. .. .. 43,409 7 1 — 78,267 9 11 41,098 8 6 Sinking Fund — 36,264 9 2 Investment and cash in hands of Treasury 64,447 1 7 620 4 10 Interest accrued .. .. .. 949 0 4 65,396 1 11 36,884 14 0 £1,681,024 17 11 £1,750,954 0 0 £1,681,024 17 11 £1,750,954 0 0 I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. — G. F. C. Campbell, Controller and Auditor-General.