B.—l [PT. IV, SUP.].

ELECTRIC SUPPLY ACCOUNT— continued. LAKE COLERIDGE HYDRO-ELECTRIC-POWER SUPPLY— continued. Profit and Loss Account for Year ended 31st March, 1927, compared with Year ended 31st March, 1926— continued.

20

Gross Revenue Account —continued. 1925-26. 1926-27. 1925-26. 1926-27. £ s. d. < £ s. d. £ s. d. £ s. d. £ s. d. 19,601 0 6 Brought forward .. .. .. 23,741 0 10 123,354 13 11 Brought forward .. .. .. 150,239 13 10 — — To Stand-by provision — Payment to Christchurch Tramway Board 1,350 0 0 for rental Payment to Christchurch Tramway Board 226 12 11 for energv supplied .. .. .. 1,483 9 5 ' — 1,483 9 5 1,576 12 11 Management and general expenses — 2,241 0 7 Salaries .. .. .. .. 2,522 11 2 267 6 11 ' Sick and holiday pay to workmen .. 301 12 4 103 11 10 Travelling-expenses .. .. .. 142 17 8 379 0 0 Office-rent .. .. .. .. 379 0 0 65 10 0 Bent of other buildings .. .. 65 10 0 132 16 3 Postages and telegrams .. .. 95 13 3 136 8 8 Telephone subscriptions .. .. 153 13 9 95 14 1 Printing and stationery .. .. 65 3 10 17 1 3 Advertising .. .. .. ,. 14 2 6 13 17 Accident pay .. .. .. 59 9 2 107 6 3 Fire insurance .. .. , . 125 3 0 139 13 4 Audit fees .. .. .. , . 163 2 6 208 14 8 Meter-reading and line-inspection .. 218 3 1 2 4 3 Commission on collection of accounts 328 10 9 Electrical testing .. .. .. 212 4 3 4 14 7 Miscellaneous trade expenses .. .. 9 13 6 909 18 4 Misappropriation by clerk ...... Duplication works opening ceremony .. 90 15 5 Bad debts suspense account .. .. 72 15 5 Proportion of salaries, rents, and expenses, Head Office and High Commissioner's 705 0 0 Staff .. .. .. .. 812 0 0 5,503 10 10 5,857 13 4 —— 30,728 1 1 27,035 6 9 96,319 7 2 Balance to Net Bevenue Account .. .. 119,511 12 9 £123,354 13 11 £150,239 13 10 £123,354 13 11 £150,239 13 10 Net Revenue Account. £ s. d. £ s. d. £ s. d. £ s. d. 19,350 0 0 To Depreciation at 2 per cent, per annum on completed work.. 28,167 17 2 96,319 7 2 By Balance from Gross Bevenue Account .. .. 119,511 12 9 50,323 12 5 Interest for year ended 31st March .. .. .. 65,093 10 4 26,645 14 9 Balance to Profit and Loss Appropriation Account .. 26,250 5 3 £96,319 7 2 £119,511 12 9 £96,319 7 2 £119,511 12 9