! D.—l.

TABLE No. 5— continued. SOUTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY. Profit and Loss Account for Year ended 31st March, 1940.

2—D. 1.

17

Gross Revenue Account. To Generating-expenses (hydro-electric)— £ s. d. £ s. d. By Sales of electrical energy— £ s. d. £ s. d. £ s. d. Lake Coleridge .. .. .. .. .. 12,668 3 5 Bulk for resale .. .. .. .. 402 773 19 9 Lake .. .. .. .. .. 8,437 8 6 Other than for resale — Kaimata .. .. .. .. .. .. 1,215 14 10 Traction .. .. .. .. 21,089 4 11 Monowai .. .. .. .. .. .. 7,709 0 4 Industrial .. .. .. 79,340 15 4 _ . , , , 30,030 7 1 Retail .. .. .. .. 96,689 10 4 Generating-expenses (fuel) Dobson .. .. .. .. 12,816 15 8 j I ; 197 119 10 7 Purchase of power in bulk .. .. .. .. .. 337 16 11 : I 599 893 10 4 Standby charges .. .. .. .. .. .. .. I Rents— | Land and buildings .. .. .. .. 3,641 11 4 43,184 19 8 Lines and plant .. .. .. .. 785 6 0 Transmission and communication system: Patrol and main- .. 17,281 2 1 4 426 17 4 tenance Miscellaneous revenue ,. ., .. .. .. 9 291 17 8 Substations: Operation and maintenance .. .. .. 20,671 17 5 ! Distribution: Maintenance .. .. .. .. .. 19,473 12 10 System operation, testing, &c. .. .. .. .. .. 7,826 12 1 Management and general expenses .. .. .. ... 66,521 8 7 Balance, to Net Revenue and Appropriation Account .. .. 438,652 12 8 '£613,612 5 4 £613,612 5 4 Net- Revenue and Appropriation Account. £ s. d. £ s. d. £ s d To Interest (gross) for year ended 31st March, 1940 .. . - 252,569 17 10 By Balance from Gross Revenue Account .. .. .. .. 438 652 12 8 Less interest capitalized .. .. .. .. 5,651 0 0 246,918 17 10 ' Depreciation on completed works .. .. . . .. 124,931 6 1 Sinking Fund .. .. .. .. .. .. .. 66,802 8 9 Reserve Fund .. .. .. .. .. .. £438,652 12 8 £438,652 12 8