D.—l.

Table II.—Analysis of Capital Outlay as at 31st March, 1938.

Table III. —Operating or Working Costs for Year Ended 31st March, 1938.

North Island System. South Island System. Units generated .. .. 798,354,000 Units generated .. .. 274,295,715 Units distributed .. .. 727,127,623 Units distributed .. .. 232,355,064 Units sold .. .. 720,490,034 Units sold .. .. 229,136,588

122

North Island System. j South Island System (including Southland and Arnold ltiver.) Totals 0 '' Headworks and power-stations— Headworks and power-stations— - Land, fencing* and roading— £ Land, fencing, and roading— £ £ Arapuni .. .. .. .. 110,749 Coleridge .. .. .. .. 24,385 Horahora .. .. .. .. 3,208 Waitaki .. .. .. .. 48,441 Mangahao .. .. .. .. 72,130 Southland .. .. .. .. 12,226 Waikaremoana .. .. .. 67,303 Arnold River .. .. .. 1,280 — — 339,722 Headworks— Headworks — Arapuni .. .. .. .. 1,284,983 Coleridge .. .. .. .. 519,712 Horahora .. .. .. .. 151,483 Waitaki .. .. .. .. 1,073,887 Mangahao .. .. .. .. 848,913 Southland .. .. .. .. 86,735 Waikaremoana .. .. .. 148,673 Arnold River.. .. .. .. 80,551 — 4,194,937 Generating-station, buildings, and village— Generating-station, buildings, and village— Arapuni .. .. .. .. 413,825 Coleridge .. .. .. .. 85,611 Horahora .. .. .. 60,847 Waitaki .. .. .. .. 459,784 Mangahao .. .. .. .. 170,197 Southland .. .. .. .. 39,182 Waikaremoana .. .. .. 166,297 Arnold River .. .. .. 7,776 1,403,519 Generating plant and machinery— Generating plant and machinery — Arapuni .. .. .. .. 677,496 Coleridge .. .. .. .. 163,565 Horahora .. .. .. .. 95,333 Waitaki .. .. .. .. 186,717 Mangahao .. .. .. .. 190,623 Southland .. .. .. .. 59,892 Waikaremoana .. .. .. 175,870 Arnold River .. .. .. 17,415 — 1,566,911 Auxiliary stations (three) —Penrose, Huntly, 81,996 Auxiliary station (one) —Dobson (ex Lyttelton) 109,127 Grand Junction 191,123 Transmission and distribution— Transmission and distribution — Primary distribution — Primary distribution—11 kV. lines .. .. .. .. 41,272 11 kV. lines .. .. .. .. 519,344 33 kV. lines .. .. .. .. .. 33 kV. lines .. .. .. .. 30,942 50 kV. lines .. .. .. .. 389,715 50 kV. lines .. 66 kV. lines .. .. .. .. .. 66 kV. lines .. .. .. .. 510,371 110 kV. lines .. .. .. .. 1,158,678 110 kV. lines .. .. .. .. 278,852 Secondary distribution .. .. .. .. Secondary distribution .. .. .. 294,200 3,223,374 Substations — Substations — 11 kV. substations .. .. .. 15,429 11 kV. substations 33 kV. substations .. .. .. .. 33 kV. substations .. .. .. 14,738 50 kV. substations .. .. .. 243,537 50 kV. substations 66 kV. substations .. .. .. .. 66 kV. substations .. .. .. 312,954* 110 kV. substations .. .. .. 818,843 110 kV. substations .. .. .. 200,633 1,606,134 General — General —■ General offices, garages, stores, and other 56,502 General offices, garages, stores, and other 17,984 accommodation accommodation Telephone services .. .. .. 4,959 Telephone services .. .. .. 43,781 Explorations and preliminary surveys; 810,926 Explorations and preliminary surveys; 650,372 engineering, office, and general expenses; engineering, office, and general expenses; charges and expenses of raising loans charges and expenses of raising loans Interest during construction .. .. 956,627 Interest during construction .. .. 469,158 3,010,309 6,319,615 — Grand totals .. .. .. 9,216,414 15,536,029 * Includes, £2,544 for substation cottages, Southland.

North Taland Svatem South Island S y stem (including Southland JNortn island system. and Arnold River.) Cost per Unit. Cost per Unit. Cost. i Cost. Generated. Distributed. Sold. Generated. Distributed. Sold. £ d. d. d. £ d. d. d. (а) Headworks and power-stations 49,116 0-0148 0-0162 0-0164 25,502 0-0223 0-0263 0-0267 (б) Auxiliary stations .. .. 95 .. .. .. 7,188 0-0063 0-0074 0-0075 49,211 0-0148 0-0162 0-0164 32,690 0-0286 0-0337 0-0342 (c) Transmission and distribution— Primary distribution .. 36,728 0-0111 0-0121 0-0122 11,484 0-0100 0-0119 0-0120 Secondary distribution .. .. .. .. .. 9,043 0-0079 0-0093 0-0095 (d) Substations .. .. .. 25,988 0-0078 0-0086 0-0087 16,788 0-0147 0-0174 0-0176 (e) Management and general— General expenses .. .. 751 0-0002 0-0002 0-0003 10-006 0-0088 0-0104 0-0105 Management .. .. 54,749 0-0165 0-0181 0-0182 44,073 0-0386 0-0455 0-0462 Total costs (a) to (e) .. 167,427 0-0504 0-0552 0-0558 124,084 0-1086 0-1282 0-1300 (f) Power purchased (g) Standby provision .. .. 10,117 0-0030 0-0034 0-0034 2,631 0-0023 0-0027 0-0028 Total costs (a) to (g) .. 177,544 0-0534 0-0586 0-0592 126,715 0-1109 0-1309 0-1328