B, 1 TPt. IV

32

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

1927-28. 1928-29. 1927-28. I 1928-29. £ s. d. £ s. d. £ s. d. £ s. d. £ a. d. 38,627 15 10 Brought forward .. .. .. 67,488 4 6 125,311 14 3 Brought forward .. .. .. .. 135,511 0 11 To Operation and maintenance of distributionlines (11,000-volt) — 367 10 0 Horahora-Hamilton-Frankton.. .. 333 1 9 14 9 8 Waikino-Waihi .. .. .. 13 0 6 346 2 3 381 19 8 1,927 3 9 General supervision and management of .. 2,187 3 1 transmission and distributing systems Management and general — 3,678 12 5 Salaries, wages, and audit fees .. 3,878 4 10 339 9 0 Accident insurance, sick and holiday pay 392 7 1 353 8 4 Travelling-expenses and motor-cars .. 374 3 6 295 15 2 Postages, telegrams, and telephones .. 284 4 10 65 12 6 Fire insurance .. .. .. 72 9 0 160 5 6 Printing, stationery, and advertising .. 199 1 10 265 16 0 Office rent, cleaning, and lighting .. 268 7 5 197 5 8 Experimental testing and miscellaneous 382 2 10 expenses 269 12 11 Testing, oil-drying, repairs, &c., for con- 355 7 0 sumers 5 5 0 Legal expenses .. . . .. 3 8 0 — — 6,209 16 4 5,631 2 6 46,568 1 9 76,231 6 2 78,743 12 6 Balance to Net Revenue Account .. .. 59,279 14 9 £125,311 14 3 J £135,511 0 11 £125,311 14 3 l£135,511 0 11 i, - = . ~