D. —1.

Table V.—South Island Electric-power System.—Gross Financial Results of Distribution of Energy for the Year ended 31st March, 1936.

82

Revenue. Expenditure. -Balance. Number — — p j— * j Profit. t~v * . .. ... . . u of Capital From Sale of Electrical w i Distnbutmg Authority. Con . Outlay. Energy. Trading 0th Paid for ™°f sa nd DeDre- Sinkin" Princi P al 0ther . Appro- L sumers. Kates, j Account Sources Total - Electrical kinase- Interest - 1 ciation Eund° R epay- Exchange. Expendi- Total. priated Unappro- . Bulk Account, bources. Energy. M f e ciation. .buna. ment. ture. to Re- priated. lietail. (for Resale ) ment. serves. £ £ £ £ i £ j £ £ £ £ £ £ £ £ £ £ £ £ £ £ Public Works Department .. 108 4,460,382* 45,410 197,067 .. 164! 2,617 245,258 .. 53,900 177,217 79,750 .. .. .. .. 310,867 .. .. 65,609 Ashburton Power Board .. 3,983 326,984 46,003 .. i 673 46,676 13,474 9,250 15,075 2,443 442 4,800 .. .. 45,484 1,192 Banks Peninsula Power Board .. 1,012 103,302 11,552 .. 2,702 52 217 14,523 3,750 5,143 4,452 .. 1,886 .. .. .. 15,231 .. .. 708 Christchurch City Council .. 30,210 788,996 i 228,016 9,190 .. 873 6,124 244,203 89,000 66,433 9,646 28,464 .. 3,466 1,806 2,267 201,082 17,928 25,193 Dunedin City Council .. .. 27,636 1,618,770 216,014 13,256 .. .. : 2,228 231,498 9,750 53,560 53,997 28,768 24,018 .. 3,522 6,348 179,963 51,535 Heathcote County Council .. 1,279 26,005 11,046 .. .. .. 61 11,107 6,174 2,616 1,010 .. 723 .. .. .. 10,523 .. 584 Kaiapoi Borough Council .. 495 10,847 3,060 .. .. 46 .. 3,106 1,252 1,005 327 ; 52 256 .. .. .. 2,892 98 116 Lyttelton Borough Council .. 888 12,325 6,857 .. .. .. .. 6,857 2,638 1,559 305 175 175 .. .. .. 4,852 495 1,510 Malvern Power Board .. .. 680 71,166 7,768 .. 2,495 110 291 10,664 2,362 3,643 3,149 .. 846 .. .. .. 10,000 .. 664 North Canterbury Power Board .. 2,195 166,580 22,666 3,156 .. .. 753 26,575 10,058 7,321 6,217 148 2,769 44 .. .. 26,557 .. 18 Otago Power Board .. .. 4,174 301,236 44,155 .. 3,764 .. 46 47,965 13,256 8,219 13,100 .. 3,050 3,544 .. .. 41,169 .. 6,796 Biccarton Borough Council .. 1,522 22,833 11,689 .. .. 285 [ .. 11,974 5,798 3,436 439 257 181 .. .. 61 10,172 645 1,157 Rangiora Borough Council .. 682 13,677 5,175 .. .. .. I 56 5,231 1,905 2,288 282 i 81 75 .. .. .. 4,631 .. 600 South Canterbury Power Board .. 4,268 334,945 39,645 16,005 .. 561 848 57,059 27,880 6,213 13,149 3,305 4,805 .. .. 693 56,045 .. 1,014 Springs-Ellesmere Power Board .. 2,574 161,456 29,924 .. .. .. 367 30,291 10,886 6,591 6,264 258 2,707 .. .. 713 27,419 .. 2,872 Sumner Borough Council .. 1,068 15,372 5,918 .. .. 28 .. 5,946 2,836 1,363 310 397 90 .. 61 5,057 830 59 Timaru Borough Council .. 4,532 102,228 .. .. .. 241 35,188 16,015 9,282 1,970 784 3,302 .. .. 155 31,508 3,680 Waimairi County Council .. 3,501 61,993 23,752 34 71 18 44 23,919 9,618 3,875 1,683 ! 4,000 1,444 .. .. 203 20,823 3,096 Waitaki Power Board .. .. 3,926 178,906 32,351 .. .. 660 304 33,315 11,804 8,046 7,392 j 1,218 2,649 .. .. 790 31,899 .. 1,416 Totals .. .. 94,733 8,778,003 825,948 238,708 9,032 2,797 14,870 1,091,355 238,456 253,743 315,984 150,100 49,418 11,854 5,328 11,291 1,036,174 79,499 41,999 66,317 * Includes £18,075 of assets not in operation. Gross profit, £55,181; rates collected, £9,032; net profit, £46,149. Ratio working expenses to revenue = 46 per cent.; ratio capital charges to capital outlay = 6'09 per cent.