AUCKLAND GAS COMPANY, LIMITED.

New Zealand Herald, Volume XXXIII, Issue 10037, 25 January 1896, Page 5

AUCKLAND GAS COMPANY, LIMITED.

TrfE following is the statement of socoanta for the year ended Slab December, 1895, to be presented to shareholders on Monday, February 3

CAPITAL ACCOUNT, OS 3IST DECEMBER, 1895. . Da. £. a. d. Freehold and leasehold land, buildings, manufacturing and distributing plant, meters, etc ~ .. 183,653 5 0 £188,053 5 9 CR. £. s, d, 60,000 shares at £5 each .. .. 250,001) 0 0 Paid-up capital on 15,600 shares, at £5 each 77,500 0 0 Paid-up capital on 13,713 shares, at £210s each .. ~ .. 34,357 10 0 £111,857 10 0 Premium capital.. .. .» .. 65,740 8 0 Balance .. 21,355 7 3 £188,953 5 0 REVENUE ACCOUNT FOR THE YEAR 1895. Dr. £ 8, d. Coals 10,198 0 9 Stokers'wages 2,468 5 2 Distribution of gas 1,375 0 8 Water .. 24 13 4 Maintenance of work*, renewals, labourers' wages, purification, etc. 2,805 ilO Directors 310 0 0 Auditors 3d 0 0 Salaries 2,817 1410 Stationery, printing, advertising, and stamps 333 1 2 Kent 40 1 11 Petty cash 4013 8 Hates and taxesGeneral Government £1,220 17 8 Local authorities .. 1,287 0 4 2,487 17 10 Insurance 78 14 0 Legal expenses 21 5 4 Bud and doubtful debts,. „ .. 54 610 Balance ........ .. 18,893 15 10 £41.537 18 2 CR. £ s. d, Gas „ „ .. 85,72? 8 9 Residual products 6,779 10 2 Transfer fees 15 0 0 Interest M .. 31917 8 £41,837 18 2 NET REVENUE ACCOUNT ON SIST DECEMDKRIS9S. PR. £ s. d. Dividend declared February, 1895 .. 8,389 0 3 Dividend declared July, 1895 .. .. 8,389 0 3 16,778 12 6 Balance of net profits, 31st December, 1895 .. .. 27,872 12 7 £44,651 5 1 Co. £ 8, d. Balance of net profits, 31st December, 1894 25,757 9 3 Balance of revenue account for the year 1895 18.893 15 10 £14,651 5 1 GENERAL BALANCE-SHEET, ON THE 31ST DECEMBER, 1895. Dr. £ s. d. To bills payable 401 1 8 Sundry tradesmen ahd others .. 1,017 11 1 Deposits held as security for current accounts 728 9 4 Cash on deposit for calls and accrued interest ~ 4,110 7 7 Unpaid dividends 1617 6 Reserve fund account 16,759 16 10 Ronewal i>f meters account .. .. 418 13 8 Not Revenue account .. „ .. 27,872 12 7 £51,315 9 1 CR. £ 9. (1. Stock of coal and shale .. .. 2,904 in 3 Stock of residual products .. .. 1,155 7 8 Stock of fireclay goods 588 0 8 Stock of gas fittings, including gas ranees and gas enainos in stock and Oil hire 5,185 2 8 Stock of horses and carts .. .. 98 0 0 Cash at Bank of Now Zealand—Current account 1,218 14 11 Debts owing to the Company.. .. 2,565 11 2 25 debentures of £101 each .. .. 2,509 0 0 Cash on fixed depositBunk of New Zealand £5,000 0 0 Bulk of N.S. Wales 2,500 0 0 Union B. of Australia 3,000 0 0 Bank of Australasia.. 3,000 0 0 13,600 0 0 Accrued interest on fixed deposits and debentures 228 8 8 Capital account ~ 21,355 7 3 £51,315 9 I RESERVE FUND ACCOUNT, ON THE 31ST DECEMBER, 1895. Dr. & s. d. 25 debentures of £100 each, issued under the Public Buildings Act, 1875 2,500 0 0 Cash on deposit at Bank of Australasia 3,060 0 0 Cash on deposit at Bank of Now Smith Wales 1,600 0 0 Cash on deposit at the Union Bank of Australia 3,000 0 0 Balance employed in the business of the company ~ 6,759 15 10

£10,759 16 10 Cr, £ s. d. Amount at credit of the fund .. 10,759 15 10 Wo have examined the abovo balance-sheet and accounts, and compared them with the company's book< and vouchers, and are of opinion that the balance-sheet is a full and fair balance-sheet, containing the particulars required by the company's articles of association, ami properly drawn up so as to exhibit a true and correct view of the state of the company's affai:s.

(Signed) A. BOAiidman, Auditors H. Gilpii.lan. Jun., / AUmt;OW - Auckland, Slat January, 1896.