B.—l [Pt. IV].

ELECTRIC SUPPLY ACCOUNT— continued. WAIKATO ELECTRIC-POWER SUPPLY.—HORAHORA-ARAPUNI SCHEME— continued. Balance-sheet at 31st March, 1933— continued.

I hereby certify that the Balance-sheet and accompanying accounts have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.— Gr. P. C. Campbell, Controller and Auditor-General.

44

1931-32. . Liabilities. 1932-33. 1931-32. Assets. 1932-33. £ s. d. '. '■-' " .. t s. d. £ s. d. £ s. d. £ s. d. £ s. d. 4,681,255 8 7 Brought forward .. .. .. 4,896,356 15 2 2,405,016 13 4 Brought forward .. .. .. .. 2,467,252 6 8 637,762 17 2 Transmission-lines .. .. .. .. 690,134 17 11 " : 419,052 13 11 Substations .. .. .. .. .. 409,446 15 5 40,852 19 9 Distribution-lines .. .. .. .. 33,193 3 1 Distribution substations, 11,000 kv. — 8,642 18 6 Waihi Grand Junction .. .. 8,642 18 6 2,187 12 3 Taps for consumers .. .. .. 2,187 12 3 10,830 10 9 Hamilton Area —Land at Ruakura, stores, .. 18,181 12 9 buildings, staff residences, &c. 19,233 15 1 Loose tools and equipment, motor - lorries, .. 19,428 14 5 cars, &c. 178,516 16 10 Salaries of officers, engineering office, and .. 187,340 5 3 general expenses on surveys and on construction 612,625 5 1 Interest during construction .. .. .. 627,280 10 7 j 148,600 12 4 Cost of raising loans .. .. .. .. 154,696 12 4 23,594 16 8 Stocks of spares, &c, on hand .. .. .. 23,155 15 4 4,496,087 0 11 4,640,941 4 6 57,216 19 4 Stocks of material on hand .. .. .. 39,542 4 9 Debtors — 39,593 1 10 For electricity and sales of materials .. .. 83,582 0 11 9,49113 11 Sinking-fund investments .. .. .. 11,937 7 9 78,866 12 7 Net loss .. .. .. .. .. 120,353 17 3 £4,681,255 8 7 £4,896,356 15 2 £4,681,255 8 7 £4,896,356 15 2