D.—l.

Net Revenue Account.

TABLE No. 5— continued. NORTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY —continued. Profit and Loss Account For Year ended 31st March, 1937, compared with Year ended 31st March, 1936. Gross Revenue Account.

15

1936-37. 1935-36. i 1936-37. ! 1935-36. To Generating-expenses, headworks, and £ s. d. £ s. d. j £ s. d. By Sales of energy— £ s. d. £ s. d. £ s. d. power-house— I Wholesale .. .. .. 876,215 13 3 785,264 5 3 1 Arapuni 12,924 19 0 10,929 5 3 Retail 1,929 12 8 2 019 4 6 Horahora .. .. .. 5,799 16 4 5,615 14 10 878 145 5 11 ' Mangahao .. .. .. 13,065 13 7 j 19,883 17 0 i ' ™ 9 o, n n Waikaremoana .. .. .. 9,821 5 5 9,560 19 3 Standby stations .. .. 7,189 18 11 10,272 3 9 Rents— 48,801 13 3 j Cottages, &e. .. .. .. 7,294 17 7 6,885 13 3 „ . . ! 56,262 0 1 Lines, plant, &o. .. .. 985 0 1 667 2 7 1 ransmission-iines — — g 27Q 27 § Patrol, maintenance, &c. .. .. .. 30,490 8 0 32,501 19 6 ' ' Substations— ' 7 552 15 10 Operation and maintenance .. .. 23,869 7 0 19,204 15 0 ' Management and general— MiscellaneousSalaries, office expenses, accident, sick, .. 41,153 17 8 36,099 6 11 Tests and inspection .. 276 11 8 360 16 7 tad holiday pay, testing, &c. Penalties , .. .. .. .. 707 15 4 194 0 1 I 144,315 5 U | 144,068 1 6 Balance to Net Revenue Account .. .. 743, 094 4 8 651, 323 0 9 j I -■ £887,409 10 7 j £795,391 2 3 £887,409 10 7 £795,391 2 3

1936-37. 1935-36. 1936-37. 1935-36. £ s. d. £ s. d. £ s d £ s d To Interest for year ended 31st March, 1937 .. .. 391,241 5 10 408,050 14 2 By Balance from Gross Revenue Account .. . 743 094 4 8 6 '7 7 V2 3 0 9 Depreciation on completed works .. .. .. 10,463 14 7 17,591 5 6 ' King's Wharf Station, half annual charges on capital 38,119 11 9 38,147 11 3 costs thereon Cost of raising loans and expenses .. .. .. 59,130 0 1 Balance to Profit and Loss Appropriation Account .. 244,1.39 12 5 187,533 9 10 £743,094 4 8 £651,323 0 9 £743,094 4 8 £651,323 0 9