B.—l TPt. IVI.

Balance-sheet at 31st March, 1933.

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

43

1931-32. — 1932-33. 1931-32. I 1932-33. I I ]1 I £ s. d. £ s. d. £ s. d. £ s . d. 59,159 13 11 To Balance .. .. .. .. .. 61,705 7 9 56,740 2 7 By Balance at close of previous year .. .. .. 59,159 13 11 2,419 11 4 Interest .. .. .. .. .. .. 2,545 13 10 £59,159 13 11 £61,705 7 9 £59,159 13 11 £61,705 7 9

1931-32. Liabilities. ■ 1932-33. 1931-32. Assets. 1932-33. £ s - d. £ s. d. £ s. d. £ 3. d. Works at Horahora — £ s. d. £ s. d. 211.609 10 2 Depreciation reserve .. .. .. .. 283,822 17 2 306,272 3 4 Headworks, generating station, transformer .. 310,956 3 9 buildings, and machinery, &c. Sinking Fund — 49,668 0 0 Utilized for redemption of loans .. 49,768 0 0 9,491 13 11 Amount available for further redemptions 11,937 7 9 61,705 7 9 59,159 13 11 Sundry creditors — 22,906 7 0 Public Works Department .. .. 11,241 10 8 2,233 7 3 Other Government Departments .. 147 19 3 53,766 6 1 Non-departmental .. .. .. 45,805 0 10 57,194 10 9 78,906 0 4 Works at Arapuni — 2,016,934 17 2 Headworks and tail-race, machinery, trans- .. 2,074,540 2 3 Balance carried to general balance-sheet — formers and switch-gear, buildings, &e. 4,681,255 8 7 Total assets as per contra .. .. 4,896,356 15 2 Auxiliary plants — 349,675 4 5 Less liabilities as above .. .. 402,722 15 S 9,139 9 4 Waihi Grand Junction steam-plant .. 9,127 9 4 — 4,493,633 19 6 81,814 9 5 Diesel station, Penrose .. .. 61,814 9 5 4,331,580 4 2 10,855 14 1 Huntly steam- plant .. .. .. 10,814 1 11 ' 81,756 0 8 81,809 12 10 4,681,255 8 7 Carried forward .. .. .. 4,896,356 15 2 2,405,016 13 4 Carried forward .. .. .. 2,467,252 6 8