D.—l.

TABLE No. 5— continued. NORTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY— continued.

15

Profit and Loss Appropriation Account for Year ended 31st March, 1938, compared with Year ended 31st March, 1937. 1937-38. 1936-37. 1937-38. 1936-37. : I -J • J — £ s. d. £ s. d. £ s. d. £ s. d. To Balance from previous year .. .. .. .. 155,175 8 4 399,315 0 9 By Balance from Net Revenue Account .. •• 360,662 7 2 244,139 12 5 Adjustment of Sundry Debtors overstated 1936-37 .. 50,548 11 1 .. Balance to General Balance-sheet .. .. •• 155,175 8 4 Balance to Sinking Fund Account.. .. .. 154,938 7 9 £360,662 7 2 £399,315 0 9 £360,662 7 2 £399,315 0 9 Depreciation Reserve Account. £ s. d. £ s. d. £ s. d. £ s. d. To Replacements, renewals, &c. .. .. . .. 21,443 4 6 60,802 19 1 By Balance at close of previous year .. .. .. 949,888 3 11 961,757 2 9 Balance to General Balance-sheet .. .. .. 1,016,184 7 5 949,888 3 11 Interest at 4 per cent, per annum .. .. .. 37,014 1 1 38,470 5 8 Amount set aside as per Net Revenue Account .. 50,725 6 11 10,463 14 7 £1,037,627 11 11 £1,010,691 3 0 £1,037,627 11 11 £1,010,691 3 0 Sinking Fund Account. £ s. d. £ s. d. £ s. d. £ s. d. To Balance to General Balance-sheet .. .. 210,868 3 3 55,929 15 6 By Balance at close of previous year .. .. • • 55,929 15 6 55,929 15 6 Balance from Profit and Loss Appropriation Account.. 154,938 7 9 £210,868 3 3 £55,929 15 6 £210,868 3 3 £55,929 15 6