IV-1

Table II.—Analysis of Capital Outlay as at 31st March, 1939.

Table III.—Operating or Working Costs for Year ended 31st March, 1939.

North Island, System. South Island System. Units generated .. .. 935,237,791 Units generated .. .. 326,326,230 Units distributed .. .. 843,941,683 Units distributed .. .. 285,613,770 Units sold .. .. 835,943,799 Units sold .. .. 281.708,949

122

North Island System. South Island System (including Southland and Arnold River.) Headworks and power-stations— Headworks and power-stations— Land, fencing, and reading— £ Land, fencing, and reading— £ £ Arapuni .. .. .. .. 110,803 Coleridge .. .. .. .. 24,385 Horahora .. .. .. .. 3,208 Waitaki .. .. .. .. 48,441 Mangahao .. .. .. .. 72,130 Southland .. .. .. .. 12,226 Waikaremoana .. .. .. 67,303 Arnold River (Kaimata) .. .. 1,299 . 339,795 H ead works — Headworks— Arapuni .. .. .. .. 1,284,954 Coleridge .. .. .. .. 519,712 Horahora .. .. .. .. 151,528 Waitaki .. .. .. .. 1,076,066 Mangahao .. .. .. .. 848,914 Southland .. .. .. .. 86,770 Waikaremoana .. .. .. 148,677 Arnold River (Kaimata) .. .. 87,115 — 4,203,736 Generating-station, buildings, and village— Generating-station, buildings, and village — Arapuni .. .. .. .. 426,725 Coleridge .. .. .. .. 93,176 Horahora .. .. .. .. 61,064 Waitaki .. .. .. .. 461,766 Mangahao .. .. .. .. 180,203 Southland .. .. .. .. 41,129 Waikaremoana .. .. .. 183,865 Arnold River (Kaimata) .. .. 7,692 1,455,620 Generating plant and machinery— Generating plant and machinery— Arapuni .. .. .. .. 687,746 Coleridge .. .. .. .. 170,527 Horahora .. .. .. .. 96,425 Waitaki .. .. .. .. 196,617 Mangahao .. .. .. .. 197,367 Southland .. .. .. .. 59,892 Waikaremoana .. .. .. 244,330 Arnold River (Kaimata) .. .. 21,270 — —- 1,674,174 Auxiliary stations (three) —Penrose, Huntly, 81,899 Auxiliary station (one)—Dobson (ex Lyttelton) 128,353 Grand Junction — 210,252 Transmission and distribution— Transmission and distribution— Primary distribution— Primary distribution— 11 kV. lines .. .. .. .. 51,484 11 kV. lines .. .. .. .. 528,909 33 kV. linos .. .. .. .. .. 33 kV. lines .. .. .. .. 30,730 50 kV. lines .. .. .. .. 392,618 50 kV. lines .. 66 kV. lines .. .. .. .. .. 66 kV. lines .. .. .. .. 581,866 110 kV. lines .. .. .. .. 1,301,054 110 kV. lines .. .. .. .. 326,624 Secondary distribution . . . . .. .. Secondary distribution .. . . . • 305,644 3,518,929 Substations — Substations — 11 kV. substations .. .. .. 15,773 11 kV. substations 33 kV. substations .. . . . . . . 33 kV. substations .. . . . ■ 18.284 50 kV. substations .. .. .. 267,995 50 kV. substations 66 kV. substations .. .. .. .. 66 kV. substations .. .. .. 351,211 110 kV. substations .. .. .. 871,381 110 kV. substations .. .. .. 250,303 1,774,947 General — General — General offices, garages, stores, and other 59,825 General offices, garages, stores, and other 22,038 accommodation accommodation Telephone services .. .. .. 5,283 Telephone services .. .. .. 59,437 Explorations and preliminary surveys; 934,039 Explorations and preliminary surveys; 659,102 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 .. 963,962 Interest during construction .. .. 482,498 Pole factory (incomplete) .. .. 966 3,187,150 * 6,654,048 Grand totals .. .. .. 9,710,555 16,364,603

*N7\i>tVk Toinn/i South Island System (including Southland Island System. and Arnold River.) Cost per Unit. Cost per Unit. Cost. -— j Cost. —- Generated. Distributed. Sold. Genorated. Distributed. Sold. f d. d. d. £ d. d. d. (a) Headworks and power-stations 49,258 0-0127 0-0140 0-0142 40,571 0-0300 0-0343 0-0348 (b) Auxiliary stations .. .. 126 .. .. .. 26,301 0-0193 0-0221 0-0224 49,384 0-0127 0-0140 0-0142 67,052 0-0493 0-0564 0-0572 (c) Transmission and distribution — Primary distribution .. 32,330 0-0083 0-0092 0-0093 20,108 0-0148 0-0169 0-0171 Secondary distribution .. .. .. .. .. 13,320 0-0098 0-0112 0-0113 (d) Substations .. .. .. 30,854- 0-0079 0-0088 0-0089 17,949 0-0132 0-0151. 0-0153 (e) Management and general— General expenses .. .. 1,898 0-0005 0-0005 0-0005 9,871 0-0073 0-0083 0-0084 Management .. .. 61,548 0-0158 0-0175 0-0177 54,916 0-0404 0-0461 0-0468 Total costs (a) to (e) .. 176,014 0-0452 0-0500 0-0506 183,216 0-1348 0-1540 0-1561 (/) Power purchased .. .. 13,891 0-0036 0-0040 0-0040 4,140 0-0030 0-0035 0-0035 (g) Standby provision .. .. 10,533 0-0027 0-0030 0-0030 438 0-0003 0-0003 0-0004 Total costs (a) to (g) .. 200,438 0-0515 0-0570 0-0576 187,794 0-1381 0-1578 0-1600