13.—1,

TABLE No. 5— continued. NORTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY— continued. Balance-sheet at 31st March, 1940.

16

Assets. Liabilities. £ s. d. £ s. d. Hydro-electric plants — £ s. d. £ Sv d. Depreciation Reserve .. .. .. .. .. .. 1,081,075 9 4 Arapuni .. .. .. .. 2,646,145 19 2 Sinking Fund — Horahora.. .. .. .. 328,466 3 8 Utilized for redemption of loans .. .. .. 739,092 13 2 Mangahao .. .. .. . 1,404,321 18 5 Available for further redemptions .. .. .. 420,727 10 9 Waikaremoana .. .. 704,747 8 7 1,159,820 3 11 5,087,679 & & Reserve Fund .. .. .. .. .. .. 181,248 2 9 Fuel-plants — Sundry creditors — Penrose .. .. .. .. .. .. 65,431 7 8 Public Works Department .. .. .. .. 32,717 15 11 Waihi Grand Junction .. .. .. 8-,798 10' 8 Other Government Departments .. .. .. 2,382 12 1 Huntly .. .. .. .. .. ll r 412 1 II Non-departmental .. .. .. .. .. 88,639 11 2 85,642 0 s 3 123,739 19 2 Transmission- lines and communication system .. .. .. 1,845,213 3 4 Sundry credit balances .. .. .. .. .. 781 7 2 Substations .. .. .. ... .. 1,209,854 7' 10' Head Office Account .. .. .. .. .. .. 8,495,475 1 9 Distribution system .. .. .. ... .. .. 62,342 8 & Offices, stores, land, buildings, &e. .. .. .. 64,916 13 0 Cost of raising loans .. .. .. .. .. .. 296,955 12 2 Interest during construction — On assets in operation .. .. 963 ,962 2 3 On assets not in operation .. ... .. 19,546 5983 ,509 0' 8 Works under construction .. .. . - .. .. 797,1-27 10 7 10,429,240 ® 2 | Plant, motor-vehicles, and tools .. .. 7®, 725 4 9 Stocks of materials .. .. .. - _ .. .. 224, 590' 9 ® Sundry debtors — Public Works Department .. „ .. .. 6,709 10> ® Other Government Departments .. .. ... 4,735. 17 3 Non-departmental .. .. 291,963 & ® — 309),4O8: 16 $, Sinking Fund investments .. ... .. .. .. 2,175 T 5 ° ' £11,042,140 4 1 £1I„042,140 4 1 Contingent Liability. — — =- Arrears of appropriation to Sinking Fund .. .. ! Nil.