D.—l

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

18

Gross Revenue Account. I i I i i i ■ i 1936-37. 1935-36. 1936-37. ! 1935-36. : ! I i ' | To Generating-expenses, headworks, power- £ s. d. £ s. d. £ s. d. By Sales of energy — £ s. d. £ 8. d. £ s. d. houses, and auxiliary plant — Wholesale .. .. .. 283,631 7 6 241,920 12 2 Lake Coleridge .. .. .. 14,246 3 1 10,931 13 5 Retail .. .. .. .. 39,356 15 1 556 10 7 Waitaki .. .. .. .. 8,618 2 5 8,313 8 3 322,988 2 7 Lyttelton Diesel station .. .. 824 0 6 874 10 0 242 477 2 9 Southland .. .. .. 4,256 18 8 .. ! 27,945 4 8 Bad debts recovered .. .. .. 112 10 2 20,119 11 8 Discounts forfeited .. .. .. .. 22 2 6 1 3 10 Transmission and distribution — Rents — Primary distribution .. .. 11,040 14 4 6,244 2 10 Land and buildings .. .. 2,460 2 9 Secondary distribution .. .. 6,489 17 10 2,184 14 0 Electric lines and plant, <Scc. .. 480 17 8 17,530 12 2 2,941 0 5 2,615 19 2 8,428 16 10 Fees for testing and repairing electrical .. 1,031 17 1 163 16 0 Substations .. .. .. .. 15,667 18 7 10,545 2 2 appliances and earnings of motorj Plant, tools, testing, &c. .. .. .. 252 1 0 496 2 5 vehicles Electrical testing .. .. .. .. 254 14 3 88 18 1 Trunk telephone system .. .. .. 557 111 * 662 1 9 Management and general expenses .. .. 23,439 15 3 13,559 13 10 Miscellaneous — Commissions, sales of appliances, &c. .. 1 825 11 11 85,647 7 10 53,900 6 9 Balance, to Set Revenue Account .. .. 243,273 16 10 191,357 15 0 £328,921 4 8 £245,258 1 9 £328,921 4 8 £245,258 1 9 Net Revenue Account. £ s. d. £ s. d. £ s. d. £ s. d. To Interest for year ended 31st March, 1937 .. 212,640 4 4 177,217 9 7 By Balance from Gross Revenue Account .. 243,273 16 10 191,357 15 0 Depreciation on completed works .. .. 112,274 19 5 79,749 13 7 Revenue from rates, &c. .. .. .. 137 10 7 Cost of raising loans .. .. .. 26,420 9 0 .. Balance to Profit and Loss Appropria- .. 108,105 15 9 65,609 8 2 Commission, collecting rates, &c. .. .. 181 10 5 .. tion Account £351,517 3 2 £256,967 3 2 £351,517 3 2 £256,967 3 V