D.—l

TABLE No. 5— continued. SOUTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY. Profit and Loss Account for Year ended 31st March, 1938, compared with Year ended 31st March, 1937.

2—D. 1

17

Gross Revenue Account. — - — - j 7- — 1937-38. 1936-37. 1937-38. 1936-37. i I j | To Generating-expenses, head works, power- j £ s. d. £ s. d. £ s. d. j By Sales of energy— £ s. d. £ s. d. £ s d houses, and auxiliary plant— j , Wholesale .. .. .. 387,057 15 11 ' 283 631 7 6 Lake Coleridge .. .. .. 9,954 4 9 14,246 3 1 j Retail .. .. .. .. 92,555 9 0 39 356 15 1 Waitaki .. .. .. .. | 9,164 8 1 8,618 2 5\ 479,613 4 11 - Kaimata .. .. .. .. 329 5 8 .. j 999 qq o q 7 Dobson .. .. .. .. 3,456 10 11 .. I Lyttelton Diesel station .. .. 1,217 14 0 824 0 6 Bad debts recovered .. .. .. 192 10 10 I 112 10 2 Southland .. ,. . . 11,198 6 8 4,256 18 8 Discounts forfeited .. .. .. .. 23 3 0 22 2 6 35,320 10 1 Rents— . ... 27,945 4 8 Land and buildings .. .. 2,637 11 9 \ 2 460 2 9 Transmission and distribution— Electric lines and plant, &c. .. 1,725 15 0 480 17 8 Primary distribution .. .. 11,484 1 1 11,040 14 4 4 363 6 9 Secondary distribution .. .. 9,043 6 4 6,489 17 10 ' 9 qai n k 20,527 7 5 11 17,530 12 2 Fees for testing and repairing electrical .. 1,945 17 9 1,031 17 1 appliances and earnings of motorSubstations .. .. .. .. 16,788 1 3 15,667 18 7 vehicles Plant, tools, testing, &c. .. .. .. 268 3 0 252 1 0 Electrical testing .. .. .. .. 194 2 5 254 14 3 Trunk telephone system .. .. .. 822 4 1 557 1 11 MiscellaneousManagement and general expenses .. .. 52,721 8 8 23,439 15 3 Commissions, sales of appliances, &c. .. 5,290 12 4 1,825 11 11 126,64116 11 85,647 7 10 Balance, to Net Revenue Account .. .. 364,786 18 8 243,273 16 10 £491,428 15 7 £328,921 4 8 j £491,428 15 7 £328,921 4 8 Net Revenue Account. £ s. d. £ s. d. £ s. d. £ s d To Interest for year ended 31st March, 1938 .. 220,111 11 6 212,640 4 4 By Balance from Gross Revenue Account .. 364 786 18 8 243 273 16 TO Depreciation on completed works .. .. 112,374 15 3 112,274 19 5 Revenue from rates, &c. .. .. .. 'l22 111 ' 137 10 7 Cost of raising loans .. .. .. 1,362 12 11 26,420 9 0 Balance to Profit and Loss Appropria- .. jng 205 75 o Commission, collecting rates, &c. .. .. 73 5 0 181 10 5 tion Account Balance to Profit and Loss Appropri- .. 30,986 15 11 tion Account £364,909 0 7 £351,517 3 2 £364,909 0 7 £351,517 3 2