NORTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY. Profit and Loss Account for Year ended 31st March, 1942, compared with Year ended 31st March, 1941. Gross Revenue Account.

2—D. 1

Net Revenue and Appropriation Account.

D.—l.

3

1941-42. 1940-41. Q - I 1941-42. | 1940-41. To Generating-expenses (hydro-electric) — £ £ m " ~~ ~~ Arapuni .. .. .. .. 23 682 Sales of electrical energy — £ £ £ £ Horahora ;; 7 ' M2 28 335 Balk for resale .. .. 1,517,564 ~. 1,457,700 Manganao .. .. 1 -i atq >j-6U Utner tnan lor resale — Tuai •• 12,'727 Traction. 18,804 13>695 — 55,529 ' 7 Industrial .. .. 44,482 43 22g I Retail .. .. 3,204 5 054 Generating-expenses (fuel) — > gg £ enI ° se 2,825 —J 1,584,054 HUntly 2.849 s _ PfJ Rents _ 1,519,677 5 ' 674 Land and buildings .. .. H.640 11,162 JLmes and plant .. .. 540 Purchase of power in bulk .. onA on „ ~ — 1 o nso Standby charges .. .. " " 3 353,549 12 ' 080 69,155 65,689 11,722 -n- ,or- " Miscellaneous revenue . . .. i >U7 r vqv Transmission system : Patrol and maintenance .. .. 33'<590 Substations: Operation and maintenance .. 4t'fi4fi /o'int Communication system : Patrol and maintenance " , qto ,,' Distribution: Maintenance .... 2,296 System operation, testing, &c. .. .! " " j!™ 2,160 Management and general expenses .. " 71 227 In't f 7 Balance, to NetRevenueandAppropriationAecount .. 923'817 892 252 £1,597,981 £1 533 13 ft 1— *i,QM,A6b £1,597,981 £1,533,136

| 1941-42. 1940-41. ' _ 1941-42. 1940-41. — — i To Interest (gross) for year.ended 31st March, 1942.. -r b ' £ £ Less interest capitalized .. .. .. gg Q21 40 986 rSalance irom Gross Revenue Account .. ... 923,817 892 252 327,534 ' ■336,073 Depreciation on completed works .. . . lr , n Sinking Fund Reserve Fund .. .. . _ 89'3"? 148,937 Social Security charge, national-Security tax, income- 258' 783 284' 532 ' I £923,81/ £892,252 £923,817 £892,252 j