D.—l

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TABLE No. 5. DEVELOPMENT OF WATER-POWER. STATEMENT OF ACCOUNTS AT 31st MARCH, 1921. General Balance-sheet at 31st March, 1921, compared with Position at 31st March, 1920.

1919-20. Liabilities. 1920-21. 1919-20. Assets. 1920-21. £ s. d. 27,147 0 7 Consolidated Fund — Interest on Lake Coleridge expenditure to 31st March, 1921 Interest on Waikato expenditure to 31st March, 1921.. £ s. d. 19,155 3 5 £ s. d. 20,572 5 8 £ s. d. 445,025 17 5 34,120 14 7 Lake Coleridge scheme — Assets as per separate balance-sheet Profit and loss appropriation (accumulated loss to date) £ s. d. 567,704 2 8 30,673 18 4 £ s. d. 598,378 1 0 I 1,417 2 3 479,146 12 0 9,253 13 0 Public Works Fund — Electric supply 220,974 1 7 Waikato scheme — Horahora assets as per separate balancesheet Profit and loss appropriation (accumulated loss to date) 294,848 8 7 303,252 11 10 Aid to Water-power Works and Electric Supply Accounts — Debentures issued — At 4 per cent, interest At 4J per cent, interest 2,122 8 0 8,404 3 3 449,000 0 0 405,000 0 0 64,000 0 0 223,096 9 7 Mangahao River scheme — Works at Mangahao Lands and easements Headworks, dams, and tunnels Roads, trams, and sidings Pipe-lines Buildings Power plant and machinery Construction plant, tools, and equipment .. Accommodation of workmen Surveys, engineering, and preliminary expenses Stocks of material on hand 469,000 0 0 22,748 10 9 5,680 10 4 8,408 1 6 21,213 11 10 3,902 13 2 6,919 2 2 3,815 17 0 51,092 8 8 10.003 9 7 •■ Bonds issued (due 1930) at 5 per cent. interest Inscribed stock issued (due 1930) at 5 per cent, interest 56,500 0 0 ■• •• 1,331,010 0 0 35,389 4 2 3,825 12 6 Lake Coleridge scheme — Depreciation reserve Sundry creditors 44,750 17 9 7,590 7 4 52,341 5 1 • ■ 12,437 8 3 19,636 10 7 Waikato scheme — Waihi Gold-mining Company: Purchase price of Horahora plant taken over 1st November, 1919 Sundry creditors Depreciation reserve 5,984 15 10 Arapuni scheme (Waikato River) 43,109 13 1 11,276 0 10 212,500 0 0 6,415 4 10 1,628 8 0 212,500 0 0 3,673 14 5 5,653 4 9 ! 221,826 19 2 723 1 7 Waikaremoana scheme Other schemes, surveys, &c. — North Island — Aratiatia (Waikato River) Huka Falls (Waikato River) Hutt River (including dam-site) Makuri River Rotoiti-Kaituna Tauherenikau River Wairua River 376 13 11 413 9 6 2,778 17 3 38 9 0 1,216 19 7 879 16 8 236 6 8 2,906 17 4 Interest on securities held by Investment Fund | 6 17 0 376 13 11 403 9 6 2,802 19 3 38 9 0 1,108 4 7 879 16 8 236 6 8 745,159 3 1 Carried forward 5,845 19 7 Carried forward 5,940 12 7 2,151,257 6 11 737,545 9 4 1,064,863 16 8