B.—l [Pt. TV].

I hereby certify that the Balance-sheet and accompaning 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.

ELECTRIC SUPPLY ACCOUNT— continued. LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY— continued. Balance-sheet at 31st March, 1931.

226

1929-30. Liabilities. 1930—31. ! 1929-30. Assets. 1930-31. . — - £ s. d. .£ s. d. £ s. d. j... Works at Lake Coleridge — £ s. d. 188,293 18 9 Depreciation Reserve .. .. .. .. 197,627 3 10 760,119 3 8 Headwords, power-house machinery, build- .. 780,488 19 6 ings, &c. 44,387 16 2 Reserve Fund .. .. .. .. .. 97,344 15 4 | ... 394,883 18 11 Transmission-lines .. .. .. .. 390,144 12 o 144,557 1 5 Sinking Fund — Amount utilized for redemption of loans .. 110,142 0 0 Available for further redemptions .. 58,321 12 5 83,958 16 9 Substation, Addington .. .. .. •• 96,356 9 2 168,463 12 5 .. : Diesel station, Lyttelton .. .. 48,164 4 2 Sundry creditors — I 151,557 18 2 i Distribution .. .. .. .. •• j 161,586 18 4 3,193 14 8 Public Works Department .. -. 2,978 10 3 j 7,083 17 3 j Service transformers and meters .. .. .. 8,629 12 10 1.225 13 2 Other Government Departments .. 1,206 9 0 30,697 11 8 Plant, eq uipment, &c. .. .. .. 26,787 7 2 3,844 16 9 Non-departmental .. .. .. 10,350 12 2 99,791 10 9 | Salaries, and engineering, office, and general .. 102,944 7 6 — — 14,535 11 5 expenses on preliminary surveys and con8,264 4 7 struction 28,866 0 0 Cost of raising loans .. .. ■. .. 30,632 0 0 65,240 6 9 Interest during construction .. .. .. 66,820 0 2 3,372 0 0 Writings-off in suspense .. .. .. .. .. - 1,622,199 3 11 1,712,554 11 3 Balance carried to general balance-sheet — 1,813,568 5 1 Total assets as per contra .. .. 1,825,510 17 4 22,865 1 7 Stocks of material .. .. . •• 19,183 17 3 388,875 0 11 Less total liabilities as above .. 477,971 3 0 j 347 539 14 4 1,424,693 4 2 47,671 17 6 Sundry debtors .. .. .. .. •• 52,534 18 11 58 0 8 Payments in advance .. .. .. .. 41 17 6 120,774 1 5 Sinking-fund investments .. .. •• 41,195 12 5 1,813,568 5 1 j .. 1,825,510 17 4 j 1,813,568 5 1 j 1,825,510 17 4