B. —1 [PT. IV].

Net Revenue Account.

ELECTRIC SUPPLY ACCOUNT— continued. NORTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY. Profit and Loss Account For Year ended 31st March, 1936, compared with Year ended 31st March, 1935. Gross Revenue Account.

29

1935-36. 1934-35. 1 1935-36. 1934-35. To Generating-expenses, headworks, and £ s. d. £ s. d. £ s. d. By Sales of energy £ s. d. £ d. 17 1 power-house — ' Wholesale .. .. 0 '„ in . n l'fiSl 17 1 Arapuni 10,929 5 3 11,659 2 2 Retail 2 ' 019 4 6 7R7 q q ' Horahora .. .. .. 5,615 14 10 5,193 9 4 » g Mangahao 19,883 17 0 10,827 12 6 14 Waikaremoana .. .. .. 9,560 19 3 8,523 17 5 Standby stations .. .. 10,272 3 9 912 5 3 Rents _ „ * 56,262 0 1 Cottages, &c 6,885 13 3 6,281 b 10 37,116 6 8 Lines, plant, &c. .. 667 2 7 679 19 — 7,552 15 10 Transmission-hnes — Patrol, maintenance, &c. .. .. .. ' 32,501 19 6 27,895 4 4 g g g Substations — Operation and maintenance .. .. 19,204 15 0 21,989 14 3 Management and general — Miscellaneous „ Salaries, office expenses, accident, sick, .. 36,099 6 11 33,926 0 8 Tests and mspection .. .. •• 10 0 and holiday pay, testing, &c. Penalties .. .. • • • • 38 13 6 144,068 1 6 120,927 5 11 ' Balance to Net Revenue Account .. .. 651,323 0 9 591,839 6 8 £795,391 2 3 £712,766 12 7 £795,391 2 3 £712,766 12 7

1935-36. 1934-35. j( 1935-36. 1934 35. £ s. d. £ s. d. £ s. d. £ s. d. To Interest for year ended 31st March, 1936 .. .. 408,050 14 2 414,041 12 3 By Balance from Gross Revenue Account .. •• 651,323 0 9 591,839 6 8 Depreciation on completed works .. .. •• 17,591 5 6 150,538 10 5 Balance to Profit and Loss Appropriation Account .. .. W,4_« King's Wharf Station, half annual charges on capital 38,147 11 3 37,687 6 8 costs thereon Balance to Profit and Loss Appropriation Account .. 187,533 9 10 .. __ £651,323 0 9 £602,267 9 4 £651,323 0 9 £602,267 9 4