B.—l [PT. IV, Sup.] .

ELECTRIC SUPPLY ACCOUNT. STATEMENT OF ACCOUNTS AT THE 31st MARCH, 1927. General Balance-sheet at 31st March, 1927, compared with Position at 31st March, 1926.

15

1925-26. Liabilities. 1926-27. ' 1925-26. : Assets. 1926-27. £ s. d. Aid to Water-power Works and Electric £ s. d. £ s. d. j £ s. d. j Lake Coleridge scheme — £ s. d. £ s. d. Supply Accounts — I 1,464,931 0 8 1 Assets as per separate balance-sheet .. 1,608,880 17 10 Debentures issued — .. Investments, Sinking Fund .. .. 9,192 14 2 189,000 0 0 At 4 per cent, interest .. .. 274,000 0 0 1,618,073 12 0 310,000 0 0 | At 4J per cent, interest .. .. 225,000 0 0 i 108,450 ,0 0 ! At 5J per cent, interest .. .. 108,450 0 0 ; Lake Waikaremoana scheme — 51,650 0 0 i At 5 per cent, interest .. .. 50,550 0 0 81,702 13 2 Assets as per separate balance-sheet .. 191,664 15 7 N.Z. inscribed stock — 10,682 18 9 Profit and Loss Account —Loss to date .. 15,050 4 7 , 804,460 0 0 | At 5 per cent, interest (due 1930) .. 805,560 0 0 ! ] 206,715 0 2 ] 195,550 0 0 j At 5|-per cent, (due 1936) .. .. 293,550 0 0 92,385 11 11 X.Z. Consolidated Stock — J 542,004 10 10 At per cent, (due 1945) .. .. 542,004 10 10 Waikato River schemes — 51(1,991 13 4 At 5 per cent, (due 1935-46).. .. 1,652,640 11 2 Horahora — 1,884,642 6 3 t At 6 per cent, interest (due 1936-51) .. 1,884,642 6 3 767,637 2 3 Assets as per separate balance-sheet .. 883,938 15 7 — : — 5,836,397 8 3 17,596 11 3 Investments, Sinking Fund .. .. 30,067 1 9 ' 4,596,748 10 5 ! — — — 914,005 17 4 785,233 13 6 II ; | Waiki Gold-mining Company (Limited) — Arapuni — Purchase of Horahora works —Deed of i 553,019 14 11 Assets as per separate balance-sheet .. .. 1,216,032 5 4 212,500 0 0 ; security at 5 per cent, interest .. .. 212,500 0 0 Mangahao scheme — Consolidated Fund — ! 2, 11 1,908 4 2 \ Assets as per separate balance-sheet .. 2,325,264 7 6 Interest accrued on loans to 31st March, 67,290 12 9 Profit and Loss Account —Loss to date .. 124,193 2 1 45,978 3 0 1926 .. .. .. .. j 60,640 7 3 1 —: ! 2,449,457 9 7 100 18 0 Sundry creditors for interest unclaimed .. 324 11 3 ,2,179,198 16 11 60,964 18 6 j | 46,079 1 0 Other schemes, surveys, &c. — I 6,045 10 8 North Island .. .. •• 6,044 17 5 5,129 6 11 ; South Island .. .. .. 11,965 10 11 Amount set aside as reserve to cover differ- 4,613 9 1 ; General surveys and investigations .. 4,622 19 10 i ence between interest payable on loans 1 raised and interest earned from their £ s. d. 22,633 8 2 31,250 0 5 temporary investment pending use .. .. 30,261 11 2 578 4 10 Material on hand .. 374 9 7 212 11 i; Sundry debtors .. .. 229 4 7 | ! 603 14 2 16,579 2 7 — 23,237 2 4 4,886,577 11 10 Carried forward .. .. j .. 6,140,123 17 11 5,091,348 0 6 Carried forward .. .. .. 6,427,521 6 9 \ I [ 1