b.-i

12

TABLE No. 6— continued. General Balance-sheet at 31st March, 1924, compared with Position at 31st March, 1923— continued.

li 1922-23. Liabilities. 1923-24. 1922-23. Assets. 1923-24. £ 8. d. £ s. d. £ s. d. f s. d. £ s. d. £ s. d. 4,110,006 5 11 Brought forward .. .. .. 4,086,719 11 2 ,1,523,432 13 0 Brought forward .. .. 1,708,159 11 8 Horahora scheme — Mangahao River scheme — 16,605 7 10 Depreciation reserve .. ... .. 24,831 14 8 12,221 11 0 Land and easements .. .. .. 12,686 18 8 Sinking fund .. .. .. 12,718 0 0 i 144,856 10 4 Headworks, dams, tunnels, &c. .. 298,451 3 7 1,028 15 5 Sundry creditors .. .. .. 8,673 10 9 41,375 6 8 Roads, trams, &c. .. .. .. 41,123 7 8 386 8 0 Net profit to date .. .. .. 3,493 19 3 36,410 10 1 Pipe-lines, &c. .. .. .. 82,588 0 9 49,717 4 8 53,714 17 11 Buildings .. .. .. .. 90,127 13 6 18,020 11 3 J Substations.. .. .. .. 36,547 17 8 13,968 0 1 Power plant and machinery .. .. 119,923 7 8 91,446 15 2 Construction plant, tools, &c. .. .. 99,196 3 11 Arapuni scheme — 23,212 4 11 Transmission-lines .. .. .. 201,855 1 6 209 16 6 Sundry creditors .. .. .. .. 2,968 9 7 30,OSS 9 2 Workers'accommodation .. ,. 32,278 7 4 33,535 9 3 Surveys, engineering, &e. .. .. 59,909 8 4 108,231 11 11 Construction material on hand .. 140,859 13 0 Mangahao scheme — .. Canteen stocks on hand .. .. 3,427 19 1 12,039 8 10 Sundry creditors .. .. .. 21,231 6 9 43,000 19 3 Interest during construction .. .. 95,397 11 3 632,062 5 9 1,314,372 13 11 Waikaremoana scheme — 901 12 8 Sundry debtors .. .. .. 2,736 19 3 Depreciation reserve .. .. .. 1,408 11 0 — — 1,317,109 13 2 4,146 6 11 Sundry creditors .. .. .. 20 5 3 632,963 18 5 Other schemes, surveys, &c.— 1,428 16 3 — North Island — 376 13 11 Aratiatia (Waikato River) .. .. 376 13 11 433 9 6 Huka Falls (Waikato River) .. 443 9 6 2,750 17 3 Hutt River (including dam site) .. 2,746 17 3 38 9 0 Makuri River .. .. .. 38 9 0 1,355 4 4 Rotoiti Kaituna .. .. .. 1,355 4 4 879 16 8 Tauherenikau River .. .. 879 16 8 236 6 8 Wairua River .. .. .. 236 6 8 6,076 17 4 6,070 17 4 South Island — j 803 1 9 Clarence River .. .. .. 803 1 9 5 0 0 Lake Kanieri .. .. .. 5 0 0 749 8 2 Nelson—Marlborough .. .. j 749 8 2 96 1 0 Timaru-Oamaru .. .. .. 96 1 0 519 12 7 Opihi River .. .. .. 519 12 7 17 7 0 Toaroha River .. .. .. 17 7 0 543 0 5 Teviot River .. .. .. 543 0 5 11 19 0 Upper Taieri River .. .. 11 19 0 475 5 8 Lake Hawea .. .. .. 475 5 8 1 — 3,220 15 7 3,220 15 7 4,144,422 9 5 Carried forward .. .. .. 4,162.065 8 5 2,165,688 4 4 Carried forward .. .. .. 3,034,566 17 9