B.—l [PT. IV].

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.

ELECTRIC SUPPLY ACCOUNT— continued. NORTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY— continued. Balance-sheet at 31st March, 1936.

31

Liabilities. i 1935-36. 1934-35. Assets. 1935-36. 1934-35. [ £ s. d. £ s. d. £ s. d. Headworks, power-house, machinery, &c. — £ s. d. £ s. d. £ s. d. Depreciation Reserve .. .. .. .. 961,757 2 9 959,085 16 1 Arapuni .. .. .. •• 2,188,149 16 4 2,111,518 6 10 Horahora .. .. .. • • 310,703 14 11 310,279 18 1 Mangahao .. .. .. .. 1,273,163 14 11 1,208,775 12 8 Sinking Fund — Waikaremoana .. .. .. 542,899 8 11 521,820 13 10 Utilized for redemption of loans.. .. 55,929 15 6 55,929 15 6 4,314,916 15 1 4,152,394 11 5 ! Auxiliary plants — Diesel Station, Penrose .. .. 61,801 16 11 61,801 16 11 Steam Station Grand Junction .. .. 9,099 17 4 9,125 19 4 Steam Station, Huntly.. .. .. 10,847 1 11 10,847 1 11 Sundry creditors .. .. .. .. 70,008 6 9 60,930 17 2 i — 81,748 16 2 I 81,774 18 2 Head Office Account .. .. .. .. 8,351,576 7 9 8,329,345 8 4 Transmission-lines .. .. .. •• 1,518,092 11 8 1,540,374 2 10 Substations .. .. .. •• •• 924,081 1 1 911,832 4 4 Office buildings, land, railway siding, harbour .. 38,234 9 0 34,418 16 8 facilities, &c. Service buildings, workmen's accommodation, .. •• 97,977 1 4 &c. Temporary development, Waikaremoana .. .. 39,241 9 10 39,241 9 10 Salaries and expenses of engineers and others • • 479,987 19 1 428,064 11 9 on surveys and during construction Cost of raising loans .. .. .. •• 297,753 19 11 281,992 11 10 Interest during construction .. .. •• 940,943 7 4 937,468 18 3 8,635,000 9 2 8,505,539 6 5 Plant, motor-vehicles, &c. .. .. •• 43,325 18 11 24,785 17 6 Stocks .. .. .. .. .. 144,043 16 7 107,813 0 7 Sundry debtors .. .. .. .. •• 217,586 7 4 180,305 2 0 Accumulated loss to 31st March, 1935 .. 586,848 10 7 Profit, 1935-36 .. .. .. .. 187,533 9 10 399,315 0 9 586,848 10 7 £9,439,271 12 9 £9,405,291 17 1 £9,439,271 12 9 £9,405,291 17 1 1 : = U -