D.—l

ELECTRIC SUPPLY ACCOUNT.— STATEMENT OF ACCOUNTS AT THE 31st MARCH, 1942—continued. General Balance-sheet— continued. at 31st March, 1942, is compared with Position at 31st March, 1941— continued.

J. W. SCOTT, A.R.A.N.Z., Chief Accountant, Public Works Department.

2

Liabilities. 1941-42. 1940-41. Assets. 1941-42. 1940-41. ! il £ £ £ £ -£ Brought forward .. •• 17,022,838 15,098,328 Brought forward .. .. .. 21,899,436 20,257,293 Creditors— Balance in Electric Supply Account at the " North Island scheme 188,694 201 053 end of yearSouth Island scheme .. .. 74,833 72,368 Cash m Public Account 63,566 39 992 263,527 Imprests outstanding .. .. 60,452 146,240 273f421 124,018 ; 186,232 I Depreciation Reserve — North Island scheme .. .. •• 1,223,424 South Island scheme .. •• 831,583 813,288 2,055,007 — 1,925,921 Sinking Bund — Amount utilized for redemption of loans 1,838,178 1,538,178 Available for further redemptions .. 363,248 314,629 2,201,426 1,852,807 Reserve Bund — North Island scheme .. 391,990 303,958 South Island scheme .. .. 86,766 86,766 478,756 — 390,724 Sundry credit balances .. . • ■ • ' - 900 2,324 ~~~ -- - ~ " •" i Total .. .. .. .. £22,023,454 £20,443,525 Total .. .. .. .. £22,023,454 £20,443,525 Contingent Liability. , Arrears of appropriation to Sinking Bund .. 138,029 .. 214,654 Note. —No charge for cost of exchange on interest payments made in London is included. These accounts are subject to audit. The audited accounts will be included in paper B.-l [Part IV].