B. —1 [Pt. IV

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. Net Revenue Account.

s—B. 1 [PT. IV

33

1927-28. 1928-29. 1927-28. 1928-29. ■ £ s. d. ; £ s. d. £ s. d. £ s. d. ! 44,189 14 1 To Interest on purchase-money for plant purchased from Waihi 53,044 11 2 78,743 12 6 By Balance from Gross Revenue Account.. .. .. 59,279 14 9 Gold-mining Co., Ltd., and on advances from Treasury , .. Balance to Profit and Loss Appropriation Account .. 15,291 9 2 18,646 6 0 Depreciation on completed works (2 per cent.) and on stocks 21,526 12 9 15,907 12 5 Balance to Profit and Loss Appropriation Account £78,743 12 6 £74,571 3 11 £78,743 12 6 £74,571 3 11 ' ] — i Profit and Loss Appropriation Account for Year ended 31st March, 1929, compared with Year ended 31st March, 1928. I £ s. d. £ s. d. £ s. d. £ s. d. To Balance from Net Revenue Account .. .. .. 15,291 9 2 15,907 12 5 By Balance from Net Revenue Account 9,732 0 0 Sinking Fund contribution as required by section 12 of .. .. " Balance to Reserve Account .. .. .. .. 15,291 9 2 the State Supply of Electrical Energy Act, 1917 6,175 12 5 Reserve Fund ! £15,907 12 5 £15,291 9 2 £15,907 12 5 £15,291 9 2 Depreciation Reserve Account. £ S. d. £ s. d. I £ s. d. £ S. d. 385 6 5 To Cost of replacing Horahora-Waikino Line —six towers and .. 63,782 3 2 By Balance at close of previous year .. .. .. 84,271 11 6 telephone line and hut j 2,551 5 9 Interest for year .. .. .. .. .. 3,370 17 3 322 17 0 Amount written off for plant sold and replaced .. .. 528 10 5 18,646 6 0 Amount set aside as per Net Revenue Account .. .. 21,526 12 9 Amount written off for plant transferred and replaced .. 3,094 0 0 Amount written off equal to value set aside in respect to 2,359 18 5 assets destroyed by fire at Horahora on 1/9/28 5,982 8 10 84,271 11 6 Balance to general balance-sheet .. .. .. 103,186 12 8 ! | £84,979 14 11 £109,169 1 6 £84,979 14 11 £109,169 1 6 — - I _ ,