D.—1

TABLE No. 5. ELECTRIC SUPPLY ACCOUNT.—STATEMENT OF ACCOUNTS AT THE 31st MARCH, 1939. General Balance-sheet at 31st March, 1939, compared with Position at 31st March, 1938.

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Liabilities. 1938—39. 1937—38. Assets. 1938—39. 1937-38. I I 1 I ! ! ! ! Aid to Water-power Works and Electric £ s. d. £ s. d. £ s. d. North Island scheme — £ s. d. £ s. d. £ s. d. Supply Accounts — Assets as per separate balance-sheet .. .. 10,280,338 13 5 9,687,193 12 6 Debentures Stock issued — j j At per cent, interest .. .. 1,300,000 0 0 1,300,000 0 0 At 3 per cent, interest .. 3,149,372 9 6 3,149,372 9 6 At per cent, interest .. 1,449,225 0 0 1,449,225 0 0 At 3f per cent, interest .. .. 573,555 0 0 574,555 0 0 At 4 per cent, interest .. .. 1,647,600 0 0 1,647,600 0 0 At 4J per cent, interest .. .. 2,623,913 18 0 2,623,913 18 0 At 5 per cent, interest .. . • 3,159,227 13 6 3,159 ,227 13 6 South Island scheme — Debentures not yet converted .. .. 50 0 0 50 0 0 Assets as per separate balance-sheet .. 7,013,536 11 10 6,635,189 0 3 Investments, Sinking Fund .. .. 10,321 2 3 11,679 15 1 13,902,944 1 0 13,903,944 1 0 7,023,857 14 1 Consolidated Fund — 6,646,868 15 4 Interest accrued on loans to 31st March, 133,577 6 10 132,713 15 8 — 1939 Sundry creditors for interest unclaimed .. 12 0 0 133,589 6 10 10 0 0 132,723 15 8 Surveys and General .. .. .. 18,665 8 5 18,717 6 3 Temporary loan .. .. .. •• 12,000 0 0 12,000 0 0 ! . i Temporary transfers from other accounts .. .. 210,000 0 0 Interest reserve, being excess of interest .. 82,126 3 2 81,196 7 10 charged to schemes over interest actually paid on capital liability Carried forward .. .. 14,340,659 11 0 14,129,864 4 6 jj Carried forward .. .. 17,322,861 15 11 16,352,779 14 1