B.—l [PT. TV, Sup.] .

Balance-sheet as at 31st March, 1927.

ELECTRIC SUPPLY ACCOUNT—continued. MANGAHAO ELECTRIC-POWER SUPPLY—continued. Balance-sheet as at 31st March, 1927.

34

Depreciation Reserve Account. 1925-26. 1926-27. 1925-26. ; 1926-27. £ s. d. £ s. d. £ s. d. | £ s. d. 30,056 0 0 To Balance .. .. .. .. .. .. 64,255 5 0 j 30,056 0 0 j By Balance at close of previous year .. .. .. 30,056 0 0 '• Interest at 4 per cent, per annum .. .. .. 1,202 5 0 Amount set aside as per Net Revenue Account.. .. 32,997 0 0 £30,056 0 0 | £64.255 5 0 £30,056 0 0 J £64,255 5 0

1925-26. Liabilities. j 1926-27. j 1925-26. Assets. 1 1926-27. £ s. d. £ s. d. ! £ s. d. J' £ s. d. Headworks — £ s. d. £ s. d. 30,056 0 0 I Depreciation Reserve .. .. .. .. ! 64,255 5 0 j; 9,961 15 2 Land, headworks, &c. .. .. 9,993 18 11 15,208 1 1 1 Sundry creditors .. .. .. i .. 28,023 17 3 ! : 69,077 1 9 Roads, tram-lines, &c. .. .. 70,017 19 6 Charges paid in advance by consumers and I 10,344 14 2 Local electric line .. .. .. 11,230 16 3 82 2 3 others .. .. .. .. .. .. 277,509 19 1 Dams 1, 2, and 3 .. .. .. 379,512 16 6 Balance carried to General Balance-sheet — 149,071 11 7 Tunnels 1 and 2 .. .. .. 150,058 1 4 2,179,198 16 11 Total assets as per contra .. .. 2,449,457 9 7 108,339 5 11 Pipe-line, &c. .. .. .. 108,469 13 2 45,346 3 4 Less total liabilities as above .. 92,279 2 3 14,611 16 7 Surge-chamber .. .. .. 14,882 5 2 j 2,357,178 7 4 I : 744,165 10 10 2,133,852 13 7 1 li 638,916 4 3 Power-house — 64,510 16 2 Buildings, &c. .. .. .. 63,347 4 6 207,213 19 0 Machinery, &c. .. .. .. 204,496 12 2\ 5,591 6 5 Tail-race .. .. .. .. 8,690 17 9 2,441 5 6 Village water-supply.. .. .. 2,440 0 6 ~ 278,974 14 11 279,757 7 1 Accommodation for staff —Buildings, fences, 15,913 6 1 &c. .. .. .. .. .. 15,936 6 0 Transmission-lines (110,000-volt) — 8,159 4 1 Lands, lines, and substations .. .. 8,523 17 8 145,466 2 3 Shannon-Khandallah .. .. 142,423 17 5 95,054 19 0 Shannon-Wanganui .. .. .. 96,724 16 1 45,772 16 7 Bunnythorpe-Dannevirke .. 45,161 6 10 j 67,819 15 7 Woodville-Masterton .. .. 68,086 10 0 ! 72,315 11 2 Dannevirke-Napier .. .. .. 76,577 12 6 : i ! 437,498 0 6 434,588 8 8 12,179,198 16 11 Carried forward .. .. .. 2,449,457 9 7 1,369,175 6 1 Carried forward .. .. 1,476,574 12 3