D.—l

11

TABLE No. 6. ELECTRIC SUPPLY ACCOUNT, STATEMENT OF ACCOUNTS AT THE 31st MARCH, 1929. General Balance-sheet at 31st March, 1929, compared with Position at 31st March, 1928.

1927-28. Liabilities. 1928-29. I 1927-28. Assets. 1928-29. I ! | I £ s. d. Aid to Water-power Works and Electric £ s. d. £ s. <1. £ s. d. Lake Coleridge scheme — £ s. d. £ s. d. Supply Accounts — 1,644,140 3 11 Assets as per separate balance-sheet .. 1,685,557 18 1 Debentures issued — 36,884 14 0 Investments, Sinking Fund .. .. 65,396 1 11 274,000 0 0 At 4 per cent, interest .. .. .. 1,750,954 0 0 225,000 0 0 At 4J per cent, interest .. .. 27,500 0 0 i 1,681,024 17 11 j 53,550 0 0 At 5 per cent, interest .. .. 120,570 0 0 1 Lake Waikaremoana scheme — At per cent, interest .. .. 162,400 0 0 652,454 5 3 Assets as per separate balance-sheet .. 1,003,734 10 3 103,900 0 0 At 5J per cent, interest .. .. 97,900 0 0 18,756 14 2 Profit and Loss Account —Loss to date .. 23,190 0 2 N.Z. inscribed stock— j 1,026,924 10 5 806,560 0 0 At 5 per cent, interest (due 1930) .. 806,560 0 0, 671,210 19 5 160,000 0 0 At 5£ per cent. .. .. . . 577,080 0 0 ' ' 294,100 0 0 At 5£ per cent, (due 1936) .. .. 300,100 0 0 Waikato River schemes — N.Z. Consolidated Stock — || Horahora — 542,004 10 10 At 4£ per cent, (due 1936-58) .. 2,392,357 10 2 |1,010, 006 16 5 Assets' as per separate balance-sheet .. 1,178,859 10 11 2,577,652 19 6 At 5 per cent, (due 1935^6).. .. 2,577,652 19 6 I 40,115 8 11 Investments, Sinking Fund .. .. 52,163 18 3 1,884,642 6 3 At 6 per cent, interest (due 1936-51) .. 1,884,642 6 3 I 1,231,023 9 2 Temporary transfer, section 40, Public 1,050,122 5 4 100,000 0 0 Revenues Act, 1926 .. .. .. .. — — — 8,946,762 15 11 Arapuni — 7,021,409 16 7 1,997,795 13 10 Assets as per separate balance-sheet .. .. 2,286,838 12 10 | Mangahao scheme — Waihi Gold-mining Company (Limited) — 12,450,455 1 4 Assets as per separate balance-sheet .. ,2,503,087 9 9 Purchase of Horahora works —Deed of j } 255,737 4 9 Profit and Loss Account —Loss to date .. | 354,317 13 3 security at 5 per cent, interest. (Due 2,857,405 3 0 212,500 0 0 1/11/1931) .. •• .. 212,500 0 0 2,706,192 6 1 Consolidated Fund — Other schemes, surveys, &c. — Interest accrued on loans to 31st March, 6,051 16 0 North Island .. • • .. 4,288 18 8 73,089 17 7 1929 .. .. •• •• 94,297 15 4 27,191 13 5 South Island .. .. .. j 137 13 4 Sundry creditors for interest unclaimed .. 1. 1 Ut) * 8 6 •• Waitaki River scheme .. 118,699 19 4 95,794 3 10 .. Other schemes .. .. .. 9,196 0 11 73,227 10 11 33,243 9 5 132,184 18 11 Amount set aside as reserve to cover differ- £ s. d. ence between interest payable on loans 558 7 7 Material on hand .. 8,486 11 11 raised and interest earned from their 5 11 10 Sundry debtors .. 748 11 9 31,531 18 8 temporary investment pending use .. .. 28,458 19 5 9,235 3 8 33,807 8 10 141,420 2 7 7,338,669 6 2 Carried forward .. .. .. 9,283,515 19 2 8,140,153 11 5 Carried forward .. .. .. 9,294,565 18 0