D.—l

TABLE No. 5.— continued. SOUTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY— continued. Balance-sheet at 31st March, 1935.

I 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.— J. H. Fowler, Deputy Controller and Auditor-General.

20

1933 34. j Liabilities. 1934-35. 1933-34. Assets. j 1934-35. : 1 ; ' . | j f s. d. £ s. d. £ s. d. Power stations — 244,501 16 1 Depreciation Reserve .. .. .. .. 323,599 14 1 £ s. d. Lake Coleridge — £ s. d. £ s. d. I 539,490 13 8 Headworks .. .. .. .. 541,556 10 4 259,838 3 5 Reserve Fund .. .. .. .. .. 241,418 11 5 249,446 16 9 Buildings and machinery .. .. 250,593 0 7 792,149 10 11 788,937 10 5 Sinking Fund — 110,342 0 0 Amount utilized for redemption of loans .. 252,215 4 6 Waitaki —- 123,042 11 3 Available for further redemptions .. 18,338 15 3 943,238 7 5 Headworks .. .. .. .. 1,067,581 15 5 270,553 19 9 593,717 5 10 Buildings and machinery .. .. 615,746 17 10 233,384 11 3 - 1,683,328 13 3 1,536,955 13 3 Sundry creditors — 88,888 6 1 Lyttelton diesel station .. .. .. .. 89,006 5 1 21,037 4 5 Public Works Department .. .. 17,464 7 6 Transmission and distribution — 1,422 0 4 Other Government Departments .. .. 416 7 9 530,564 7 10 Primary .. .. .. .. 597,133 3 6 10,896 9 3 Non-departmental .. .. .. 6,994 17 6 79,674 9 1 Secondary .. .. .. .. 71,110 3 4 24,875 12 9 668,243 6 10 33,355 14 0 610,238 16 11 357,125 5 6 Substations .. .. .. .. .. 412,836 13 1 4,635 4 1 Trunk Telephone System .. .. .. 19,925 8 7 87,454 19 8 Exploration and preliminary surveys .. 87,447 19 9 47,247 6 2 Salaries and expenses during construction .. 48,197 14 0 3,481,053 3 8 Head Office Account .. .. .. .. 3,633,930 4 0 375,988 9 2 Interest during construction .. .. 453,865 18 1 118,727 2 2 Charges and expenses of raising loans .. 142,869 11 0 752,306 11 5 4,016,198 13 5 — 4,397,871 0 7 31,819 8 6 Plant, tools, &c. .. .. .. .. .. 21,59112 2 70,945 2 8 Stocks of material .. .. .. .. 43,722 0 6 Sundry debtors — 713 9 2 Public Works Department .. .. 1,340 16 7 3,413 14 5 Other Government Departments .. .. 1,046 12 9 26,795 11 6 Non-departmental .. .. .. 27,114 19 8 29,502 9 0 30,922 15 1 25 9 0 Payments in advance .. .. .. .. 21 14 7 102,222 0 9 Sinking Fund investments.. .. .. .. 1,669 5 2 £4,252,133 8 5 £4,494,378 2 0 £4,252,133 8 5 £4,494,378 2 0