8.-J | Pt. IV

SOUTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY— continued

10

Depreciation Reserve Account 1942-43. 1941-42. 1942-43. 1941-42. £ £ £ £ To Replacements, Renewals, &c. .. .. .. .. 57,198 38,811 \ By Balance from, previous year's statement.. .. .. 831,583 813,288 Balance .. .. .. .. .. .. 942,121 831,583 Interest at 4 per cent, per annum .. .. .. 33,263 32,532 Amount set aside as per Net Revenue and Appropriation 134,473 24,574 Account £999,319 £870,394 £999,319 £870,394 Sinking Fund Account i _ D , £ £ £ £ To Balance .. .. .. .. .. .. 756,115 714,464 By Balance at close of previous year .. .. .. 714,464 543,856 Interest .. .. .. .. .. .. 36 95 Amount set aside as per Net Revenue and Appropriation 41,615 170,513 Account £756,115 £714,464 £756,115 £714,464 Reserve Fund Account £ £ £ £ To Balance .. .. .. .. .. .. 86,766 86,766 By Balance at close of previous year .. .. .. 86,766 86,766 £86,766 £86,766 £86,766 £86,766