B—l [Pt. IV]

NORTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY Profit and Loss Account for Year ended 31st March, 1945, compared with Year ended 31st March, 1944 Gross Revenue Account

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— 1944-45. 1943-44. 1944-45. 1943-44. Generating-expenses (hydroelectric) — Arapuni Horahora Mangahao Waikaremoana (Tuai) Waikaremoana (Piripaua) .. £ 37,769 9,253 17,475 23,676 6,999 £ £ 44,038 8,593 14,058 17,136 4,476 Sales of electrical energy — Bulk for resale Other than for resale — Traction Industrial Retail £ 19,319 47,985 3,829 £ 1,750,573 71,133 £ £ 1,686,634 22,358 42,816 3,334 95,172 1,821,706 Generating-expenses (fuel) — King's Wharf Penrose Huntly 88,301 Rents — Land and buildings Lines and plant 1,755,142 126,130 8,129 973 144,301 8,272 907 16,340 487 16,827 16,381 651 135,232 17,032 153,480 Miscellaneous revenue 2,997 2,733 Purchase of power in bulk Stand by charges 219,962 32,508 267,271 32,155 Transmission system : Patrol and maintenance Substations : Operation and maintenance Communication system : Patrol and maintenance Distribution : Maintenance System operation, testing, &c. Management and general expenses 482,874 52,358 71,750 5,967 1,863 24,269 146,255 541,207 44,624 63,854 4.,599 1,984 19,313 69,882 - Balance, to Net Revenue and Appropriation Account 1 : 785,336 ,056,194 745,463 1,029,444 1 ; ,841,530 1,774,907 1,841,530 1,774,907