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B.—l [PT. IV], SUP. TO 1932.

ELECTRIC SUPPLY ACCOUNT— continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA-ARAPUNI SCHEME. Profit and Loss Account for Year ended 31st March, 1932, compared with Year ended 31st March, 1931. Gross Revenue Account.

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I ' i 1 I 1930-31. 1931-32. 1930-31. i 1931-32. £ s. d. To Generating expenses, headworks, and power- £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. house 180,940 1 11 By Sales of electrical energy to wholesale con- 158,196 11 1 7,429 11 0 Horahora .. .. .. .; 8,317 0 7 snmers 3,737 5 9 Arapuni .. .. .. .. 2,073 9 11 11 1 5 Less discounts and rebates .. .. 13 5 2 10,390 10 6 158,183 5 11 11,166 16 9 180,929 0 6 Operation and maintenance of— 20,650 15 3 Waihi Grand Junction steam-plant .. 6,308 6 11 12,861 5 8 Diesel Station, Penrose .. .. 8,969 0 6 17 16 6 Hire of plant .. .. .. .. 7 10 0 Huntly Steam Station .. .. 12,394 4 8 778 11 0 Rent of lines .. .. .. .. 778 11 0 30,008 8 3 Power purchased in bulk .. .. 22,514 10 8 2,474 5 11 Miscellaneous rents .. .. .. 2,536 5 6 Half additional net costs King's Wharf 25,972 14 6 3,322 6 6 Station 3,270 13 5 — — 76,158 17 3 63,520 "9 2 9,188 14 3 Operation and maintenance of main trans- .. 7,642 18 4 341 14 4 Testing, oil-drying, and repairs for consumers .. 332 18 6 mission-lines 7,600 9 3 Operation and maintenance of main sub- : .. 7,453 1 6 stations 33 11 6 Operation and maintenance of distribution .. 19 2 0 46 14 6 Fees for inspection of lines and testing of .. 45 3 0 substations instruments 510 9 2 ; Operation and maintenance of distribution- .. 334 6 6 lines (11,000-volt) 393 12 8 Live-line testing and changing of insulators .. 72 15 6 5 0 0 Penalties 3,375 2 3 General supervision and management of .. 2,645 17 7 transmission and distributing systems Management and general —- 6,100 1 11 Salaries, rent, postages, insurances, &c. .. 10,285 6 0 101,889 6 11 115,002 15 2 82,703 15 10 Balance to Net Revenue Account .. .. 46,880 18 9 £184,593 2 9 £161,883 13 11 £184,593 2 9 £161,883 13 11 .=! =====

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