B—l [Pt. IV]

SOUTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY Profit and Loss Account for Year ended 31st March, 1946, compared with Year ended 31st March, 1945 Gross Revenue Account

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— 1945-46. 1944-45. 1945-46. 1944-45. To Generating-expenses (hydro-electric) — Cobb River .. Lake Coleridge Waitaki Arnold (Kaimata) Highbank Monowai £ 18,622 16,348 12,908 1,750 2,725 9,006 £ £ 12,796 19,495 13,828 1,794 7,992 By Sales of electrical energy — Bulk for resale Other than for resale — Traction Industrial Retail £ 34,593 111,242 127,065 £ 673,866 272,900 £ £ 584,420 33,299 110,455 116,786 61,359 946,766 844,960 55,905 Rents — Land and buildings Lines and plant.. Generating-expenses (fuel) Stoke ., » „ ,, Dobson 1,369 10,042 11,411 837 10,079 6,303 47 6,350 5,999 123 10,916 6,122 Purchase of power in bulk Standby charges 3,714 1,634 10,027 1,315 Miscellaneous revenue 11,878 11,218 Transmission system: Patrol and maintenance Substations : Operation and maintenance Communication System: Patrol and maintenance Distribution: Maintenance System operation, testing, &c. Management and general expenses 78,118 28,255 41,189 4,756 31,303 15,950 118,126 78,163 18,365 37,376 2,141 25,901 13,188 84,250 Balance, to Net Revenue and Appropriation Account 317,697 647,297 259,384 602,916 £964,994 £862,300 £964,994 £862,300