B.—l [PT. IV], SUP. TO 1932.

ELECTRIC SUPPLY ACCOUNT— continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA-ARAPUNI SCHEME— continued. Profit and Loss Account for Year ended 31st March, 1932, compared with Year ended 31st March, 1931— continued.

24

Net Revenue Account. 1930-31. 1931-32. 1930-31. 1931-32. £ s . d. £ s. d. £ s. d. £ s. d. 85,388 19 6 To Interest on purchase-money for plant purchased from WaiM 62,523 12 8 82,703 15 10 ' By Balance from Gross Revenue Account .. .. .. 46,880 18 9 Gold-mining Co., Ltd., and on advances from Treasury 35,694 12 11 ; Balance to Profit and Loss Appropriation Account .. j 40,554 3 11 33,009 9 3 Depreciation on completed works (2 per cent.) and on stocks 24,911 10 0j £118,398 8 9 £87,435 2 8 £118,398 8 9; ; £87,435 2 8 Profit and Loss Appropriation Account for Year ended 31st March, 1932, compared with Year ended 31st March, 1931. £ s. d. £ s. d. i £ s. d. £ s. d. 2,617 15 9 To Balance at close of previous year .. .. .. 38,312 8 8 | 38,312 8 8 By Balance to general balance-sheet .. .. .. 78,866 12 7 35,694 12 11 Balance from Net Revenue Account .. .. .. 40,554 3 11 ~8 8 I £78,866 12 7 £38,312 8 8 | £78,866 12 7 Depreciation Eeserve Account. £ s. d. J ■ £ s. d. J £ s. d. £ s. d. 17,823 14 5 ■ To Replacements, renewals, &c. .. .. .. .. 8,378 15 3 i 165,757 15 4 By Balance at close of previous year .. .. .. 187,573 16 5 187,573 16 5 Balance to general balance-sheet .. .. .. [211,609 10 2 6,630 6 3 Interest for year .. .. .. .. .. 7,502 19 0i 33,009 9 3 Amount set aside as per Net Revenue Account .. .. 24,911 10 0 £205,397 10 10 £219,988 5 5 I£205,397 10 10 ! £219,988 5 5