B.— 1 [Pt. IV

ELECTRIC SUPPLY ACCOUNT.—STATEMENT OF ACCOUNTS AT THE 31st MARCH, 1943 General Balance-sheet at 31st March, 1943, compared with Position at 31st March, 1942

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Liabilities. 1942-43. I 1941-42. Assets. 1942-43. 1941-42. £ £ £ £ £ f £ National Development Loans Account — North Island scheme At 4 per cent, interest .. .. .. 17,624,601 16,801,733 Assets as per separate balance-sheet .. 14,565,376 13,410,895 Investments, Sinking Fund .. .. 98 11,789 14,565,474 13,422,684 South Island scheme — Consolidated Fund — Assets as per separate balance-sheet .. 8,167,458 7,989,126 Interest accrued on loans to 31st March, .. 144 454 155 258 Investments, Sinking Fund .. .. 91 2,924 1943 ' ' — 8,167,549 7,992,050 Cobb River scheme .. .. .. .. 580,559 464,437 Interest reserve, being excess of interest . 58.479 65,847 ! Surveys and General .. .. 21 129 ' 90 9 ft* charged to schemes over interest actually i " ' iv,£oo paid on capital liability | Carried forward .. .. .. 17,827,534 17,022,838 Carried forward .. .. .. 23,334,711 21,899,436 : « ' . '•