B.—l [PT. IV], SUP. TO 1932.

Balance-sheet at 31st March, 1932.

ELECTRIC SUPPLY ACCOUNT— continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA-ARAPUNI SCHEME— continued. Sinking Fund Account.

4—B. 1 [PT. IV], Sup. TO 1932.

25

1930-31. 1931-32. 1930-31. 1931-32. £ s. d. £ s. d. £ s. d. J £ s. d. 56,740 2 7 I To Balance .. .. .. .. .. .. ; 59,159 13 11 54,445 6 5 By Balance at close of previous year .. .. .. 56,740 2 7 . 2,294 16 2 Interest .. .. .. .. .. .. 2,419 11 4 £56,740 2 7 . £59,159 13 11 j £56,740 2 7 £59,159 13 11

I .— . - - — —- —— . - ___ __ . . ___—. ,— . _— _— _ _____ —___ 1930-31. Liabilities. 1931-32. 1930-31. Assets. 1931-32. £ s. d. £ s. d. i £ s. d. j £ s. d. Works at Horahora— £ s. d. £ s. d. 187,573 16 5 Depreciation reserve .. .. .. .. j 211,609 10 2 j 305,665 3 1 Headworks, generating station, transformer .. 306,272 3 4 buildings, and machinery, &c. I Sinking Fund — 49,668 0 0 Utilized for redemption of loans .. ! 49,668 0 0 7,072 2 7 Amount available for further redemptions j 9,491 13 11 I 59,159 13 11 ........ 56,740 2 7 Sundrv creditors — 6,606 1 11 Public Works Department .. .. ! 22,906 7 0 1,591 11 10 Other Government Departments .. I 2,233 7 3 61,017 9 9 Non-departmental .. .. .. 53,766 6 1 I 78,906 0 4 ! 69,215 3 6 j Works at Arapuni— 1,696,040 14 5 Headworks and tail-race, machinery, trans- .. 2,016,934 17 2 Balance carried to general balance-sheet — formers and switch-gear, buildings, &e. 4,072,995 3 10 Total assets as .per contra .. .. 4,681,255 8 7 Auxiliary plants — 313,529 2 6 Less liabilities as above .. .. 349,675 4 5 9,139 9 4 Waihi Grand Junction steam-plant .. 9,139 9 4 . 14,331,580 4 2 |! 61,770 10 7 Diesel station, Penrose .. .. 61,814 9 5 3,759,466 14 11,169 15 6 Huntly steam-plant .. .. .. 10,855 14 1 I 81,809 12 10 i 82,079 15 5 i ! i I 4,072,995 3 10 Carried forward .. .. ... 4,681,255 8 7 2,083,785 12 11 Carried forward .. ..I .. * 2,405,018 13 4 I : I