D.—l.

TABLE No. 5 ELECTRIC SUPPLY ACCOUNT.— STATEMENT OF ACCOUNTS AT THE 31st MARCH, 1937. General Balance-sheet at 31st March, 1937, compared with Position at 31st March, 1936.

13

I I i ~ I Liabilities. 1936-37. I 193-5-36. Assets. 1936-37. 1935-36. ! ! I i « Aid to Water-power Works and Electric £ s. d. £ s. d. £ s. d. North Island scheme — £ s. d. £ s. d. £ s. d. Supply Accounts — Assets as per separate balance-sheet .. 9,446,309 4 5 9,039,956 12 0 Debentures Stock issued — Profit and Loss Account —Loss to date .. 155,175 8 4 399,315 0 9 At 3 per cent, interest .. .. 3,149,372 9 6 954,632 17 3 9,601,484 12 9 At 3J- per cent, interest .. .. 1,449,575 0 0 1,000,000 0 0 9,439,271 12 9 At 3f per cent, interest .. .. 574,555 0 0 674,555 0 0 At 4 per cent, interest .. 1,644,915 0 0 1,957,890 0 0 At 4-4 per cent, interest .. .. 950 0 0 At 4 J per cent, interest .. .. 2,623,913 18 0 2,623,913 IS 0 South Island scheme — j At 4-8 per cent.interest .. .. 1,750 0 0 .. Assets as per separate balance-sheet .. 6,398,916 9 10 4,563,834 17 10 At 5 per cent, interest .. .. 3,159,227 13 6 3,159,227 13 6 Investments, Sinking Fund .. .. 13,429 15 1 17,555 5 1 At 5J per cent, interest .. .. 1,200 0 0 4,600 0 0 6,412,346 4 11 At 6 per cent, interest .. .. .. 1,884,642 6 3 4,581,390 2 11 Debentures not yet converted .. . . 50 0 0 50 0 0 Treasury Bills — Fixed deposit investments taken over from .. 45,000 0 0 At 1J per cent, interest .. .. 1,300,000 0 0 : the Southland Electric Power Board 13,905,509 1 0 12,159,511 15 0 Consolidated Fund — Interest accrued on loans to 31st March, i 123,947 4 2 126,724 8 4 1937 Sundry creditors for interest unclaimed .. 1,418 1 8 25 13 6 \ 125,365 5 10 126,750 1 10 Temporary loan .. .. .. .. 12,000 0 0 Surveys and General .. .. .. .. 18,540 17 2 17,101 16 10 Interest reserve, being excess of interest .. 72,109 8 1 27,281 1 8 charged to schemes over interest actually j paid on capital liability Carried forward .. .. .. 14,114,983 14 11 12,313,542 18 6 Carried forward .. .. ■■ 16,077,371 14 10 14,037,763 12 6