B.—l [Pt. IV].

ELECTRIC SUPPLY ACCOUNT—continued. MANGAHAO ELECTRIC-POWER SUPPLY—continued. Profit and Loss Account for the Year ended 31st March, 1929, compared with Year ended 31st March, 1928—continued. Gross Revenue Account—continued.

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1927-28. 1928-29. 1927-28. 1928-29. £ s. d. £ s. d. £ a. d. £ s. d. £ s. d. £ a. d. 7,146 16 7 Brought forward .. .. 4,809 5 3 24,687 5 4 44,111 15 2 Brought forward .. .. .. 114,148 5 6 To Management and general —continued. 302 10 10 Printing, stationery, and advertising.. 177 4 6 Motor-ears and general travelling277 18 6 expenses .. .. .. 737 11 3 42 15 1 Accident, sick, and holiday pay .. 223 4 8 42 12 3 Fire insurance .. .. .. 10 6 8 93 17 0 Legal expenses and Audit fees .. 143 2 3 Stores administration .. .. 1,021 17 10 563 0 11 Miscellaneous expenses .. .. 2,647 11 3 9,770 3 8 8,469 11 2 33,914 12 2 10,197 3 0 Balance to Net Revenue Account .. .. 79,690 16 6 | £44,111 15 2 I £114,148 5 6 £44,111 15 2 | £114,148 5 6 Net Revenue Account. £ s. d. £ s. d. £ s. d. £ s. d. I To Fire Insurance Reserve .. .. .. .. 99 5 4 10,197 3 0 By Balance from Gross Revenue Account.. .. .. 79,690 16 6 Depreciation at 2 per cent, per annum on completed works 131,544 2 8 Loss for year .. .. .. .. 98,580 8 6 35,300 13 4 at 31st March, 1929 .. .. .. .. 42,713 17 7 106,440 12 4 Interest for year ended 31st March, 1929 .. .. 135,458 2 1 £141,741 5 8 | £178,271 5 0 £141,741 5 8 £178,271 5 0 _ 1 ' "" = i ; Profit and Loss Appropriation Account. I " i | j : : £ a. d. £ s. d. £ s. d. £ s. d. 124,193 2 1 To Balance from previous year .. .. .. .. 255,737 4 9 255,737 4 9 By Balance .. .. .. .. .. 354,317 13 3 131,544 2 8 Balance from Net Revenue Account .. .. .. 98,580 8 6 , £255,737 4 9 £354,317 13 3 £255,737 4 9 £354,317 13 3 Arrears of Sinking Fund contributions to 31st March, 1929 : £90,562.