B.—l.

Table V.—South Island Electric-power System.—Gross Financial Results of Distribution of Energy for the Year ended 31st March, 1939.

124

Revenue. Expenditure. Balance. Nlimber ; ; ; ; ; Profits. .. . .. .. of Capital From Sale of Electrical Distributing Authority. Oon- Outlay. Energy. Trading Other Paid ,or 1 costs and Depre- Sinkin" Principal Other Appro- T sumers. , Kates. Account Sources Total * Electrical SJ™"" 1 Interest. cia p"nd° Repay- Exchange. Expend!- Total. priated Unappro- Los9 ' Bulk Account. Sources. Energy. 1 I clatlon - 1 and - j ments. ture. to Re- priated. (for Resale). ! j meDC - ! I serves. (A) Receiving Bulk Supply direct from Public Works Department. £ £ £ £ £ £ £ £ £ £ £ £ £ i A £ £££|£ 1 Public Works Department .. 11,601 6,654,048 178,014 372,280 .. .. 11,157 561,451 7,372 180,463 231,060 82,617 .. .. .. 1,404 502,916 58,535 2 Ashburton Power Board .. 4,585 363,127 57,781 .. .. 712 1,088 59.581 19,256 10,783 15,755 1,332 7,838 .. .. .. 54,964 49 4,568 3. Banks Peninsula Power Board.. 1.099 104,364 14,363 .. 2,284 299 397 17,343 4,806 6.901 4,207 .. 2,223 .. .. .. 18,137 .. .. 794 4. Bluff Borough Council .. 569 6,805 5,292 .. .. .. 417 5,709 2,771 1,487 296 .. 245 .. .. .. 4.799 791 119 5 Christchurch City Council .. 32,720 941,479 282.476 13,171 .. 3,118 459 299,224 153,319 87.782 12,066 25,225 2,510 .. 1,083 .. 281,985 15,000 2,239 6. DunedinCitv Council.. .. 30,018 1,760,873 270,881 14,240 .. .. 2,286 287,407 33,087 77,504 50,871 1,650 28,218 3,555, . 194,885 92,522 7. Grey Power Board .. .. 4,551 183,642 63,429 .. .. 510 626 64,o6o 28,634 13,666 8,867 .. /, /74 210 .. .. 59,lol 2,240 3,174 .. 8. Heathcote County Council .. 988 22,938 12,072 .. .. . . 62 12,134 6,309 3,105 595 1,576 549 . . .. 12.134 9 Invercarcill City Council .. 6,629 156,389 52,393 7,372 .. .. 1,641 61,406 20,262 20.871 4,376 1.414 2,612 .. .. 49,535 11,871 10. Lyttelton Borough Council .. 1,001 13.793 8,143 .. .. 61 .. S.204 3,638 2,286 260 145 90 .. .. 6,419 1,785 11 Malvern Power Board .. 756 74,818 8,516 .. 1,877 199 194 10,786 2,498 3,854 3,174 .. 1.130 .. .. .. 10,656 .. 130 12. North Canterbury Power Board 2,906 211,509 32,705 3,916 .. 210 993 37,824 14,733 10,348 7,332 4,221 209 .. .. 36,843 330 651 13. Riccarton Borough Council .. 1,691 25,375 12,649 .. .. 396 .. 13,045 7,485 2,943 229 30 156 .. .. .. 10,843 1,148 1,054 14 South Canterbury Power Board 5,061 367,492 48,513 22,414 .. 449 2,513 73,889 37,144 10,839 12,994 3,954 6,935 .. .. .. 71,866 2,023 15. Sprinsrs-Ellesmere Power Board 2,866 168,101 34,713 .. .. 201 235 35,149 15.282 8,813 6,085 3,189 13 .. .. 33,382 .. 1,767 16. Sumner Borough Council .. 1,132 16,894 7,164 .. .. .. .. 7,164 3,791 1,900 292 421 108 .. .. .. 6,512 .. 652 17. Waitaki Power Board .. 4,661 212,124 46,306 .. .. 1,978 815 49,099 18,806 11,208 8,334 1,704 3,454 936 .. .. 44,442 3,976 681 Sub-total of (A) .. .. 112,834 11,283,771 1,135,410 433,393 4,161 8,133 22,883 1,603.980 379,193 454,753 366,793 120,068 68,640 3,980 4,638 1,404 1,399,469190,270 15,035 794 (B) Receiving Supply through Bulk-supply Purchasers in Section (A). (Subs idiaries.) * 1. K aiapoi Borough Council(12) .. 527 12,901 3,448 .. .. 211 196 3,855 1,409 1,555 275 215 156 .. .. .. 3,610 .. 245 2. Otago Power Board(6) .. 4,591 326,054 48,165 .. 76 .. .. 48,241 14,240 10,406 12,987 5,139 3,458 831 .. .. 47,061 .. 1,180 3. Rangiora Borough Council) 12).. 780 10,533 6,659 .. .. 196 79 6,934 2,507 2,681 107 751 110 .. .. .. 6,156 243 535 4. Timaru Borough Council) 14) .. 5,088 115,639 50,065 .. .. .. 71 50,136 22,414 14,395 1,970 .. 3,302 .. .. .. 42,081 5,022 3,033 5. Waimairi County Council(5) .. 3,913 71,483 26,316 34 75 .. 80 26,505 13,665 5,029 1,316 4,458 1,389 .. .. .. 25,857 573 75 Totals .. .. .. 127,733 11,820,381 1,270,063 433,427 4,312 8,540 23,309 1,739,651 433,428 488,819 383,448 130,631 77,055 4,811 4,638 1,404 1,524,234196,108 20,103 794 * The numbers appearing after the names of the subsidiary B class supply authorities refer to the A class supply authority from which main supply is received. Gross profit, £215,417 ; rates collected, £4,312 ; net profit. £211,105. Ratio working-expenses to revenue = 53-01 per cent; ratio capital charges to capital outlay = 5-09 per cent.