RETURNS INCREASE
WAITEMATA POWER FIGURES Submitting financial returns to the \\ aitemata Electric-Power Board this u'urmt'e, the secretary-treasurer, Mr. A. Main, said the board's sales for the nine months ended December 31, 1923 were £56,363 4s Bd, against £49 132 Os 2d for the same period in 1928, and mfo Sa i?s _ f ° r tt? e month of December, . Us lid, represented an increase of £863 Os 9d. board’s loan account showed a credit balance for capital expenditure on account of loans sanctioned to t V °L £39 ’¥ 6 * Mr * Main considered it should not be necessary to raise any portion of the £30,000 loan before April or May. In the revenue account there was a surplus of £1,831 on the nine months’ working. In the present financial year, there was a nonrecurring expenditure of about l,uoo. Sundry rentals, interest on investments, fixed deposits and financial advances has so far earned £1,510. During the past nine months, repayments of principal and interest on advances for financial assistance totalled £4.729. For financial assistance, consumers now owed £6,020.
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Bibliographic details
Sun (Auckland), Volume III, Issue 887, 3 February 1930, Page 16
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175RETURNS INCREASE Sun (Auckland), Volume III, Issue 887, 3 February 1930, Page 16
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