D.—l.

TABLE No. 5— continued. SOUTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY— continued. Balance-sheet at 31st March, 1936.

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.— G. F. C. Campbell, Controller and Auditor-General.

20

. Liabilities. 1935-36. 1934-35. Assets. 1935-36. j 1934-35. ' ' [ £ s. d. £ s. d. £ s. d. Power stations — Depreciation Reserve .. .. .. • • 388,546 3 4 323,599 14 1 Lake Coleridge — £ s. d. £ s. d. £ s. d. Headworks .. .. .. 544,281 1 8 541,556 10 4 Reserve Fund — Buildings and machinery .. .. 247,945 18 2 250,593 0 7 Balance at close of previous year .. 241,418 11 5 792,226 19 10 Loss for year .. .. .. 65,609 8 2 792,149 10 11 175,809 3 3 241,418 11 5 Waitaki — Sinking Fund — Headworks .. .. .. 1,109,652 10 8 1,067,581 15 5 Amount utilized for redemption of loans 253,015 4 6 252,215 4 6 Buildings and machinery .. .. 618,427 14 11 615,746 17 10 Available for further redemptions .. 17,555 5 1 18,338 15 3 1,728,080 5 7 — 270,570 9 7 1,683,328 13 3 270 553 19 9 Lyttelton Diesel station .. .. .. 89,066 3 7 89,006 5 1 Transmission and distribution — Sundry creditors —- Primary .. .. .. .. 598,985 5 8 597, 133 3 6 Public Works Department .. .. 5,354 4 2 17,464 7 6 Secondary .. .. .. .. 64,462 7 10 71,110 3 4 Other Government Departments .. 280 8 4 416 7 9 663,447 13 6 Non-departmental .. .. .. 14,392 16 3 6,994 17 6 668,243 6 10 20,027 8 9 24,875 12 9 Substations .. .. .. .. .. 416,488 7 11 412,836 13 1 Trunk Telephone System .. .. 29,179 5 6 19,925 8 7 Charges paid in advance ... .. .. 13 15 0 .. Exploration and preliminary surveys .. 26,263 6 3 87,447 19 9 Salaries and expenses during construction 111,910 14 5 48,197 14 0 Writings-off in suspense .. .. .. 45 1 0 .. Interest during construction .. .. 454,822 18 3 453,865 18 1 Charges and expenses of raising loans .. 148,896 13 8 142,869 11 0 Head Office Account .. .. .. .. 3,726,378 2 0 3,633,930 4 0 771,072 18 1 4,460,382 8 6 4,397,871 0 7 Plant, tools, &c. .. .. .. .. 21,064 3 11 21,591 12 2 Stocks of material .. .. .. .. 48,697 1 2 43,722 0 6 Sundry debtors — Public Works Department .. .. 611 2 4 1,340 16 7 Other Government Departments .. 1,307 7 11 1,046 12 9 Non-departmental .. .. .. 31,738 17 0 27,114 19 8 33,657 7 3 29,502 9 0 Payments in advance .. .. .. .. 33 17 0 21 14 7 Sinking Fund investments .. .. .. 17,555 5 1 1,669 5 2 £4,581,390 2 11 £4,494,378 2 0 £4,581,390 2 11 £4,494,378 2 0