B.—l [Pt. IV].

Balance-sheet as at 31st March, 1929.

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

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Depreciation Reserve Account. 1927-28. | 1928-29. 1927-28. | 1928-29. £ s. d. £ s. d. : £ s. d. £ a. d. 308 19 11 To Motor-vehicles .. .. .. .. .. 158 12 10 1 64,255 5 0 By Balance at close of previous year .. .. 101,817 2 7 Meters and regulators .. .. .. .. 574 0 0 2,570 4 2 Interest at 4 per cent, per annum .. .. .. 4,072 13 8 101,817 2 7 Balance .. .. .. .. .. .. 147,871 1 0 35,300 13 4 Amount set aside as per Net Revenue Account.. .. 42,713 17 7 102,126 2 6 £148,603 13 10 ! £102,126 2 6 £148,603 13 10 Fire Insurance Reserve Account. 1927-28. 1928-29. 1927-28. 1928-29. • I y t ; I £ s. d. I £ s. d. ! £ s. d. £ s. d. To Balance .. .. .. .. .. .. | 99 5 4 .. By Amount set aside as per Net Revenue Account.. .. 99 5 4 £99 5 4 £99 5 4

1927-28. | Liabilities. 1928-29. 1927-28. Assets. 1928-29. £ s. d. £ s . d. £ s. d. £ s. d. Headworks — £ s. d. £ s. d. 101,817 2 7 Depreciation Reserve .. .. .. .. 147,871 1 0 9,990 4 7 Land, headworks, &c. .. 9,989 4 7 73,065 5 8 Roads, tram-lines, &c. .. .. 73,225 0 6 Fire Insurance Reserve .. .. .. 99 5 4 11,666 15 2 Local electric line .. .. .. 11,179 9 2 476,658 16 0 Dams 1,2, and 3 .. .. .. 503,369 8 4 75,601 7 1 Sundry creditors .. .. .. .. 22,661 17 10 152,300 19 10 Tunnels 1 and 2 .. .. .. 159,619 19 10 108,788 11 3 Pipe-line, &c. .. .. .. 113,279 16 5 Balanco carried to General Balance-sheet — 15,045 7 10 Surge-chamber .. .. .. 15,720 7 6 2,706,192 6 1 Total assets as per contra .. .. 2,857,405 3 0 886,383 6 4 177,418 9 8 Less total liabilities as above .. 170,632 4 2 847,516 0 4 2,686,772 18 10 Power-house — 2,528,773 16 5 63,864 4 4 Buildings, &c. .. .. .. 66,758 1 4 205,852 12 2 Machinery, &c. .. .. .. 205,049 1 4 12,870 8 8 Tail-race .. .. .. .. 12,870 8 8 18,619 11 0 Village, cottages, and water-supply .. 18,680 16 3 303,358 7 7 301,206 16 2 — Transmission-lines (110,000-volt) — 147,122 1 2 Shannon-Khandallah .. .. 147,545 16 10 97,742 19 4 Shannon-Wanganui .. .. .. 98,307 13 10 45,582 5 7 Bunnythorpe-Danne virke .. .. 45,894 0 4 68,717 13 9 Woodville-Masterton .. .. 69,163 19 1 76,235 4 0 Dannevirke-Napier .. .. .. 76,481 17 2 Wanganui-New Plymouth .. .. 4,346 8 8 441,739 15 11 j 435,400 3 10 2,706,192 6 1 Carried forward „ „ 2,857,405 3 0 1,584,123 0 4 Carried forward .. .. .. 1,631,481 9 10