B.—l [PT. IV, Sup.] .

General Balance-sheet at 31st March, 1925, as compared with Position at 31st March, 1924— continued.

13

1923-24. Liabilities. 1924-25. 1923-24. Assets. 1924-25. £ s. d. £ 8. d. £ s. d. £ s. d. £ s. d. £ s. d. 4,008,732 19 5 Brought forward .. .. .. 4,009,643 9 8 1,615,528 12 9 Brought forward .. .. .. 1,746,867 8 6 Lake Coleridge scheme — Waikato River Schemes —continued. 72,593 19 8 J Depreciation reserve .. .. .. 88,631 3 0 Arapuni— continued. 5,392 12 1 Sundry creditors .. .. .. 16,060 10 5 110,000- volt lines — £ s. d. — \ 104,691 13 5 10,743 1 3 Hamilton— Penrose .. 93,415 15 0 77,986 11 9 I 148 6 0 Arapuni - Te Kuiti .. 148 15 9 | Arapuni — Penrose (tower) .. .. 133 17 0 — ■ 93,698 7 9 Horahora scheme — 10,891 7 3 24,831 14 8 | Depreciation reserve .. .. .. 31,680 16 7 — — 12,718 0 0 Sinking fund .. .. .. 16,983 5 1 50,000- volt substations- — 8,673 10 9 Sundry creditors .. .. 7,957 2 3 Ngongotalia .. 3 18 0 3,493 19 3 Net profit to date .. .. .. .. Arapuni .. .. 4 10 9 Reserve Fund .. .. .. 20,547 12 1 .. Pokeno .. .. 4 4 0 — 77,168 16 0 Waitemata .. 4 3 0 49,717 4 8 .. Hangatiki .. .. 4 9 6 21 5 3 110,000- volt substation — Arapuni scheme — 515 7 2 Penrose .. .. •• 20,801 8 0 2,968 9 7 Sundry creditors .. .. .. .. 22,571 7 11 Office furniture .. 11 10 1 198 16 11 Motor-vehicles .. 1,970 8 5 2,814 19 4 Loose tools, plant, and Mangahao scheme — equipment .. 6,063 19 0 21,231 6 9 Sundry creditors .. .. .. .. 27,714 12 2 2,443 7 2 Engineering, office and general expenses on preliminary surveys and during construction .. .. 5,178 6 4 Waikaremoana scheme — 12,548 13 9 Interest during con1,408 11 0 Depreciation reserve .. .. .. 2,883 8 0 — struction .. .. 20,985 0 5 20 5 3 Sundry creditors .. .. .. .. .. 18,005 17 2 — 34,209 4 3 1,428 16 3 |, 62,510 16 6 Stocks of material on 707 10 10 hand .. .. .. 18,109 10 11 Sundry debtors .. .. 553 9 9 346,207 4 5 4,162,065 8 5 Carried forward.. .. .. .. 4,244,673 7 2 1,708,159 11 8 Carried forward.. .. .. .. 2,093,074 12 11