D.—l.

TABLE No. 5. ELECTRIC SUPPLY ACCOUNT. STATEMENT OF ACCOUNTS AT THE 31st MARCH, 1935. General Balance-sheet at 31st March, 1935, compared with Position at 31st March, 1934.

13

1933_34 ' I Liabilities. 1934-35. 1933-34. Assets. 1934-35. £ s. d. Aid to Water-power Works and Electric £ s. d. £ s. d. £ s. d. North Island scheme— £ s. d. £ s. d. T-. Accounts 8,678,523 19 6 Assets as per separate balance-sheet .. 8,818,443 6 6 Sfin nnn n n debentures Stock issued— 6) 053 5 9 Investments, Sinking Fund .. .. .. ' 1 Ofin'nnn n n 3 per cent, interest .. .. 423,665 0 0 576,420 7 11 Profit and Loss Account —Loss to date .. 586,848 10 7 „ 2 At 3| per cent, interest .. .. 1,000,000 0 0 9 405 291 17 1 1 ® At 3f per cent, interest .. .. 574,555 0 0 9,260,997 13 2 1,95/, 790 0 0 At 4 per cent, interest .. .. 1,957,890 0 0 2,623,913 18 0 At 4£ per cent, interest .. .. 2,623,413 18 0 3,670,219 6 10 At 5 per cent, interest .. ..3,670,219 6 10 South Island schemei- n n 5J per cent, interest .... .. ! 7 8 Assets as per separate balance-sheet .. 4,492,708 16 10 1 884 fid? fi I At oi per cent interest .. .. 5,400 0 0 102,222 0 9 Investments, Sinking Fund .. .. 1,669 5 2 150 0 o A* 6 t per C6 " erest •• •• 1.884,642 6 3 I - 4,494,378 2 0 iou u u jjeDentures not yet converted .. .. 50 0 0 4,252,133 8 5 11,935,270 11 1 —12,140,33o 11 1 Waihi Gold-mining Co., Ltd. — 212,500 0 0 Purchase of Horahora works —Deed of security at 5J per cent, interest. (Due 1/11/1934) Consolidated Fund — 125,900 8 1 Interest accrued on loans to 31st March, 128,949 3 7 1935 5® 8 6 Sundry creditors for interest unclaimed .. 54 13 6 129 ' 003 17 1 Electric Supply Sinking Fund Account — 26,727 9 2 Amount due under section 23, Finance Act, I 1928 28,333 3 3 Amount set aside as reserve to cover differ- .. 42,137 8 1 ence between interest payable on loans ' 16,16119 3 Surveys and General .. .. .. .. 15,743 7 4 raised and interest earned from their temporary investment pending use 12,328,791 0 1 Carried forward .. .. j .. 12,311,476 16 3 13,529,293 0 1(T Carried forward .. .. ~ " 13,915,413 6 5