D.—l

Table I.—Waikato Electric-power Supply: Horahora-Arapuni Scheme.—Results of Operation, etc.

76

Ninth Year, Tenth Year, j Eleventh Year, Twelfth Year, March, 1929. March, 1930. March, 1931. March, 1932. Capital outlay— £ £ £ £ Horahora—Assets in operation .. .. .. 617,725 624,117 Arapuni—Assets in operation .. .. .. 524,621 2,705,'894 .. Total assets in operation .. .. .. 1,142,346 3,330,011 1,286,667 1,322,190 Assets not in operation .. .. .. .. .. 330,416 2,657,170 3,231,114 Costs — Working-costs .. .. .. .. .. 76,231 62,702 101,889 115,003 Capital costs— Interest .. .. .. .. .. 53,044 135,622 85,389 62,524 Depreciation .. .. .. .. .. 21,527 60,127 33,009 24,911 Sinking Fund 150,802 258,451 220,287 202,438 Revenue .. .. .. .. .. .. 135,511 225,683 184,593 161,884 Profit •• •• •• •• .. Dr. 15,291 Dr. 32,768 Dr. 35,694 Dr. 40,554 Accumulated surplus .. .. .. .. 32,415 Dr. 2,618 Dr. 38,312 Dr. 78,867 Accumulated Depreciation Fund .. .. .. 103,187 165,757 186,405 211,610 Accumulated Sinking Fund .. .. ., 52 164 54 445 / 7,072 \ ' \ 49,668* / Maximum load (kilowatts) — System for year .. .. .. .. .. 15,900 41,520 49,520 18,710 Arapuni Power-station for year .. .. .. ,. 33 t 900 38 400 Horahora Power-station for year .. .. .. 10,300 10,200 11 ,'300 i2,200 Arapuni Power-station, average weekly .. .. .. 24,731 35 927 Horahora Power-station, average weekly .. .. 9,702 9'804 i 1,194 Units output — Arapuni Power-station, total generated .. .. .. 121,084,986 40,898,950 Horahora Power-station, total generated .. .. 79,298,740 56,648,365 80,'075'210 92,602,600 Grand Junction Power-station, total generated .. 5,846,740 2,682,100 6,368,600 1,746,600 Penrose Diesel Power-station, total generated .. 7,070,912 2,608,248 7,524,620 4,896^540 Huntly Steam Power-station, total generated .. .. .. ' 8 288 930 Units purchased (McLaren's Falls, Auckland Power 12,776,370 7,706,548 8,226,397 15'986'614t Board) Total units generated and purchased .. .. 104,992,762 190,710,247 143,093,777 123,521,284+ (1) Units used for station auxiliaries, &c. .. .. 1,348,175 2,478,395 2.070,723 1,938,758 (2) Units available for outgoing lines .. .. 103,644,587 188,231,852 141,023,054 12l's82'526 (?) Units sold 92,707,271 173,003,373 131,013,550 115,082,352 (4) Total losses .. .. .. .. .. 10,937,316 15,228,479 10,009,504 6,500,174 (5) Percentage of units non-productive .. .. 10-58 8-1 7-09 5-35 Load-factor, annual (per cent.) — System .. .. 75.5 54.! 32 .0 75-36 Power-house — Arapuni .. .. .. .. .. .. 40 . 8 60 . 9 Horahora .. .. .. .. .. 87-8 63-4 80-9 86-64 Working-costs . .. .. .. .. (£76,231) (£62,702) (£101,889) (£115,003) Per kilowatt (system animal maximum) .. .. £4-79 £1-51 £2-06 £6-15 Per unit generated and purchased .. .. .. 0-174d. 0-079d. 0-171d. 0-224d. Per unit sold .. .. .. .. .. 0-197d. 0-087d. 0-187d. 0-240d. Capital costs .. .. .. .. .. (£74,571) (£195.749) (£118,398) (£87,435) Per kilowatt (system annual maximum) .. .. £4-70 £4-71 £2-39 £4-67 Per unit generated and purchased .. .. .. 0-171d. 0-246d. 0-199d 0-170d Per unit sold .. .. .. .. .. 0-194d. 0-261d. 0-217d. 0-182d. lotal costs on system .. .. .. .. (£150,802) (£258,451) (£220,287) (£202,438) Per kilowatt (system annual maximum) .. .. £9-49 £6-22 £4-45 £10-82 Per unit generated and purchased .. .. .. 0-345d. 0-325d. 0-369d. 0-394d" Per unit sold .. .. .. 0-391d. 0-348d. 0-403d. 0-423d. (JNote. —Capital costs do not include Sinking Fund.) - - Revenue.. .. .. .. .. .. (£135,511) (£225,683) (£184,595) (£161,884) Fer kilowatt (system annual maximum) .. .. £8-53 £5-42 £3-73 £8-64 Per unit generated and purchased .. .. .. 0-31d. 0-284d. 0-310d. 0-314d. Per unit sold .. .. .. .. .. 0-351d. 0-313d. 0-338d. 0-338d. i * Utilized for redemption of loans. f Excluding 7,701 units purchased from dairy factory.