B.—i [p T . iv;

NORTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY— continued Depreciation Reserve Account

Loan Redemption Fund Account

Reserve Fund Account

6

£ £ £ £ To Balance.. .. .. .. .. .. 1,892,720 £1,684,652 By Balance at close of previous year .. .. .. 1,684,652 1 486 962 Interest.. .. .. .. .. .. .. '' 38 Amount set aside as per Net Revenue and Appropriation 208, 068 197 652 Account £1,892,720 £1,684,652 £1,892,720 £1,684,652

1943-44. 1942-43. 1943-44. 1942-43. £ £ | £ £ To Replacements, Renewals, &c. .. .. .. 3,807 33,572 I By Balance from previous year's statement .. .. 1,468 567 1 223 424 Balance .. .. .. .. .. 1,761,024 1,468,567 Interest at 4 per cent, per annum .. .. .. 58 743 ' 48 937 Amount set aside as per Net Revenue and Appropriation 237,521 229,778 Account £1,764,831 £1,502,139 £1,764,831 £1,502,139

£ £ £ £ To Net Revenue and Appropriation Account .. .. 202,483 92,314 By Balance at close of previous year . <>/, i n i ?0 , too Balance .. .. .. .. .. 98,532 301,015 ! " MJ.JM £301 ' 015 £393,329 £301,015 £393,329