D.—l

18

Balance-sheet at 31st March, 1920. Liabilities. £ s. d. Assets. Depreciation Fund Account .. .. 1,628 8 0 Works, &0., at Horahora— £ s, d. £ s, d. Sundry creditors .. .. .. 97 910 Roads and bridges .. 2,052 12 11 Waihi Gold-mining Company (Limited)— Freehold land .. 762 5 8 Purchase price of plant Properties, dwellings, &c. 4,192 14 5 taken over at Ist No- £ s. d. Headworks .. .. 86,190 2 7 vember, 1919 ..212,500 0 0 Generating-station .. 25,874 8 I Accrued interest on same 4,427 I 8 Transformer building and Payments made by the machinery .. .. 14,914 1 8 company on behalf of 133,980 5 4 the Department .. 1,890 13 4 : Transmission - line, Hora- — 218,817 15 0 hora-Waihi .. .. 43,099 7 9 Development of Water-power Account .. 2,552 16 9 Lineman's cottage .. 804 2 3 44,503 10 0 Substation, Waikino— Substation and oil-boil-ing buildings . . 4,995 19 10 Transformers and machinery in same .. 12,728 9 2 17,724 9 0 Motor-cycle .. .. .. 100 0 0 Engineering, office, and general expenses on preliminary surveys and investigations .. .. .. .. 1,071 3 9 Interest during construction of works by Waihi Gold-mining Company .. 14,537 8 8 Stocks of material and stores on hand at date .. .. .. 2,541 5 6 Insurance premiums paid in advance . . 33 3 0 £ s. d. Debtors for current .. 5,798 10 9 Sundry debtors . . .. 78 5 1 5,876 15 10 220,974 1 7 Balance from Profit and Loss Appropriation Account .. .. .. 2,122 8 0 £223,096 9 7 j £223,096 9 7 J. J. Gtbson, Accountant, Electrical Branch, Hamilton, 24th June, 1920. .Public Works Department.