D.—i

NORTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY— continued.

4

Depreciation Reserve Account. 1941-42. 1940-41. jl 1941-42. 1940-41. f £ £ £ To Replacements, Renewals, &c. .. .. .. 3,823 11,685 By Balance from previous year's statement .. .. 1.112 633 1,081,075 Balance.. .. .. .. .. .. 1,223,424 1,112,633 Interest at 4 per cent, per annum .. .. .. 44,505 43,243 Amount set aside as per Net Revenue and Appropriation 70,109 Account £1,227,247 £1,124,318 £1,227,247 j £1,124,318 Sinking Fund Account. £ £ £ £ To Balance.. ., .. .. .. .. 1,486,962 1,308,951 By Balance at close of previous year .. .. .. 1,308,951 1,159,820 Interest .. .. .. .. .. .. Dr. 9 194 Amount set aside as per Net Revenue and Appropriation 178,020 148,937 Account £1,486,962 £1,308,951 £1,486,962 £1,308,951 Reserve Fund Account. £ £ | £ £ To Balance.. .. .. .. .. .. 393,329 303,958 By Balance at close of previous year .. .. .. 303,958 i 181,248 Amount set aside as per Net Revenue and Appropriation 89,371 122,710 • Account ! ■ ' _ i i £393,329 £303,958 \ £393.329 ' £303,958