B.—l [Pt. IVj-

ELECTRIC SUPPLY ACCOUNT. STATEMENT OF ACCOUNTS AT THE 31st MARCH, 1939. General Balance-sheet at 31st March, 1939, compared with Position at 31st March, 1938.

2—B. 1 [Pt. IV].

9

Liabilities ■ 1938-39. ! 1937-38. j Assets. 1938-39. 1937-38. Aid |uppTy a l^^- W ° rkS aDd EleCtri ° £ S - d - £ S - d - £ * North Island scheme — £ s . d. £ s. d. £ «. d. Debentures Stock issued— Assets as per separate balance-sheet .. .. 10,280,338 13 5 9,687,193 12 6 At 2£ per cent, interest .. .. 1,300,000 0 0 1,300 000 0 0 At 3 per cent, interest .. .. 3,149,372 9 6 3,149,372 9 6 At 3J per cent, interest .. .. 1,449,225 0 0 1,449,225 0 0 At 3J per cent, interest .. .. 573,555 0 0 574' 555 0 0 At 4 per cent, interest .. .. 1,647,600 0 0 1 647 600 0 0 At 4£ per cent, interest .. .. 2,623,913 18 0 2,623,913 18 0 At 6 1 per cent, interest .. 3,159,227 13 6 3,159,227 13 6 South Island scheme— e en ures no ye converted ... .. 50 0 0 50 0 0 Assets as per separate balance-sheet .. 7,013,536 11 10 6,635,189 0 3 Investments, Sinking Fund .. .. 10,321 2 3 ' 11 679 15 1 Consolidated Fund — ".902, Ml 1 0 f „ j 1 ,,023.857 U 1 Interest accrued on loans to 31st March, 133,577 6 10 132,713 15 8 6,646,868 15 4 Sundry creditors for interest unclaimed 12 0 0 j 133,589 6 10 10 0 0 132,723 15 8 Temporary loan 12,000 0 0 12,000 0 0 Sur^ S a " d General - " - 18,665 8 5 18,717 6 3 Temporary transfers from other accounts .. .. 210,000 0 0 Interest reserve, being excess of interest .. 82,126 3 2 81 196 7 10 charged to schemes over interest actually ' paid on capital liability Carried forward .. .. .. 14,340,659 11 0 14,129,864 4 6 Carried forward .. 17,322,861 15 11 16,352,779 14 1