12

P..—l

I hereby certify that the General Balance-sheet has been duly examined and compared with the J. J. Gibson, relative books and documents submitted for audit, and correctly states the position as disclosed Accountant, Public Works Department, thereby.—G. F. C. Campbell, Controller and Auditor-General.

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. j 1928-29. 1927-28. Assets. 1928-29. £ s. d. £ s. d. £ s. d. £ a. d. £ s. d. £ s. d. 7,338,669 6 2 Brought forward .. .. .. 9,283,515 19 2 8,140,153 11 5 Brought forward .. .. .. 9,294.565 18 0 Sundry Creditors — Balance in Electric Supply Account at the 182,112 9 6 Arapuni scheme .. .. .. 30,173 16 7 end of the year — 15,191 2 6 Horahora scheme .. .. .. 14,011 15 4 30,803 17 2 Cash ill Public Account .. .. 1492,186 12 0 15,247 7 2 Lake Coleridge scheme .. .. 11,385 19 4 In hands of Government officers in New 75,601 7 1 Mangahao scheme .. .. .. 22,661 17 10 185 0 11 Zealand .. .. .. .. | 52 12 10 51,307 2 1 Waikaremoana scheme .. .. 29,460 2 8 In hands of Government officers in Waitaki scheme .. .. 7,186 11 7 41,711 13 10 London .. .. .. .. 4,848 8 9 2,632 10 11 South Island surveys .. .. .. 102 2 2 — 497,087 13 7 ! 114,982 5 6* 72,700 11 11 342,091 19 3 Depreciation Reserves — Investment Account (funds invested until 84,271 11 6 Horahora scheme .. .. .. 103,186 12 8 actually required for use) .. .. j .. 200,000 0 0 173,231 5 10 Lake Coleridge scheme .. .. 192,358 19 9 101,817 2 7 Mangahao scheme .. .. .. 147,871 1 0 8,924 11 7 Waikaremoana scheme .. .. 11,868 15 1 — 455,285 8 6 j 1 368,244 11 6 Proportion of 1929 loan in transit, 31st Fire Insurance Reserves — March, 1929 .. .. .. .. •• 60,057 17 11 Lake Colendge scheme .. .. 52 0 0 Mangahao scheme .. .. .. 99 5 4 Waikaremoana scheme .. .. 57 0 8 — 208 6 0 Sinking Fund Reserves — 994 18 8 Interest accrued on investments to 31st 49,847 8 11 Horahora scheme .. .. .. 52,163 18 3 1,317 0 5 March, 1929 .. .. .. ; 2,630 2 9 62,465 1 10 Lake Coleridge scheme .. .. 115,769 17 9 Sundry debtors for interest due but unpaid 167,933 16 0 2,311 19 1 2,630 2 9 112,312 10 9 Reserve Fund — 53,845 2 5 Horahora scheme .. .. .. .. 32,415 2 11 Writings-off in Suspense — 2 12 4 Lake Coleridge scheme .. .. .. 0 14 2 8,215,166 2 5 Total .. .. .. .. .. £10,054,341 12 3 8,215,166 2 5 Total .. .. .. J .. j£10,054,341 12 3 * Sundry creditors —Departmental, £57,597 3s. 4d.; other Government departments, £995 4s. 2d.; non-departmental, £56,389 18s.