D.-l

34

TABLE No. 6—continued. WAIKAREMOANA ELECTRIC-POWER SUPPLY— continued. Profit and Loss Account for Year ended 31st March, 1929, compared with Year ended 31st March, 1928.

Net Revenue Account. 1927-28. 1928-29. 1927-28. 1928-29. £ s. d. £ s. d. £ s. d. £ s. d. To Depreciation at 2 per cent, per annum on completed works 4,660 6 11 By Balance from Gross Revenue Account .. .. .. 5,188 12 2 2,345 9 9 at 31st March, 1929.. .. .. .. .. 2,587 3 10 3,706 9 7 Loss for year .. .. .. .. .. 4,433 6 0 6,021 6 9 Interest for year ended 31st March, 1929 .. .. 6,977 13 8 Contributions to Fire Insurance Reserve for year ended 31st March, 1929 .. .. .. .. .. 57 0 8 £8,366 16 6 £9,621 18 2 £8,366 16 6 £9,621 18 2 Profit and Loss Appropriation Account. £ s. d. £ s. d. £ s. d. £ s. d. 15,050 4 7 To Balance from previous year .. .. .. .. 18,756 14 2 18,756 14 2 By Balance .. .. .. .. .. .. 23,190 0 2 3,706 9 7 Balance from Net Revenue Account .. .. .. 4,433 6 0 £18,756 14 2 £23,190 0 2 £18,756 14 2 £23,190 0 2 j Depreciation Reserve Account. £ s. d. £ s. d. £ s. d. £ s. d. 8,924 11 7 To Balance .. .. .. .. .. .. 11,868 15 1 6,326 1 0 By Balance at close of previous year .. .. .. 8,924 11 7 253 0 10 Interest on £8,924 lis. 7d. .. .. .. .. 356 19 8 2,345 9 9 Amount reserved for year .. .. .. .. 2,587 3 10 £8,924 11 7 1 £11,868 15 1 ; £8,924 11 7 £11,868 15 1 Fire Insurance Reserve Account. £ s d. £ s. d. £ s. d. £ s. d. To Balance .. .. .. .. .. .. 57 0 8 .. By Amount reserved for year .. .. .. .. 57 0 8 £57 0 8 £57 0 8