TABLE No. 5— continued. ELECTRIC SUPPLY ACCOUNT— continued. NORTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY— continued. Balance-sheet at 31st March, 1935.
2 —l). 1
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, subject to the Departmental note enfaced thereon.— G. F. C. Campbell, Controller and Auditor-General.
D.—l.
17
1933-34. Liabilities. 1934-35. ' 1933-34. Assets. , 1934-35. £ s. d. £ s. d. £ s. d. £ s. d. Headworks, power-house, machinery, &c. — £ s. d. £ s. d. 794,820 12 9 Depreciation Reserve .. .. .. .. 959,085 16 1 2,087,792 4 2 Arapuni .. .. .. .. 2,111,518 .6 10 310,264 16 10 Horahora .. .. .. .. 310,279 18 1 1,205,367 2 11 Mangahao .. .. .. .. 1,208,775 12 8 Sinking Fund — 518,526 4 4 Waikaremoana .. .. .. 521,820 13 10 49,768 0 0 Utilized for redemption of loans .. 55,929 15 6 4,152,394 11 5 6,053 5 9 Amount available for further redemption.. .. 4,122,130 8 3 55,929 15 6 Auxiliary plants — 55,821 5 9 61,805 15 5 Diesel Station, Penrose .. .. 61,801 16 11 9,127 9 4 Steam Station Grand Junction .. .. 9,125 19 4 10,814 1 11 Steam Station, Huntly .. .. 10,847 1 11 81,774 18 2 64,432 11 8 Sundry creditors .. .. .. .. 60,930 17 2 81,747 6 8 1,509,068 4 11 Transmission-lines .. .. .. .. 1.540,374 2 10 |8,345, 923 3 0 Head Office Account .. .. .. .. 8,329,345 8 4 890,815 9 5 Substations .. .. .. .. .. 911,832 4 4 27,693 1 10 Office buildings, land, railway siding, harbour .. 34,418 16 8 facilities, &c. 97,874 9 4 Service buildings, workmen's accommodation, .. 97,977 1 4 &c. 39,241 9 10 Temporary development, Waikaremoana .. .. 39,241 9 10 416,952 10 5 Salaries and expenses of engineers and others .. 428,064 11 9 on surveys and during construction 234,697 11 10 Cost of raising loans .. .. .. .. 281,992 11 10 935,641 0 8 Interest during construction .. .. .. 937,468 18 3 8,355,868 13 2 8,505,539 6 5 28,434 2 5 Plant, motor-vehicles, &c. .. .. .. 24,785 17 6 114,365 15 0 Stocks .. .. .. .. .. 107,813 0 7 6,053 5 9 Sinking Fund investments 179,862 8 11 Sundry debtors .. .. .. .. .. 180,305 2 0 576,420 7 11 Accumulated loss .. .. .. .. 586,848 10 7 £9,260,997 13 2 £9,405,291 17 1 £9,260,997 13 2 £9,405,291 17 1 Note. —Owing to the interconnection of the undertakings in the North Island it has not been found practicable to show separately the accounts of the various schemes as required by the State Supply of Electrical Energy Act, 1917.