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B—l [Pt. IV

NORTH ISLAND HYDRO-ELECTRIC-POWER SUPPLY Profit and Loss Account for Year ended 31st March, 1947, compared with Year ended 31st March, 1946 Gross Revenue Account

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— 1946 -47. 1945-46. 1946-47. 1945-46. Generating-expenses (hydro-electric) — Arapuni Horahora Mangahao Waikaremoana (Tuai) .. Waikaremoana (Piripaua) £ 35,835 10,624 17,719 53,479 5,943 £ 123,600 £ 41,393 10,261 IS,557 31,594 6,057 Sales of electrical energy — Bulk for resale Other than for resale — Traction Industrial Retail £ 20,947 46,598 4,206 £ 1,928,716 71,751 £ £ 1,828,573 19,483 49,974 3,782 107,862 2,000,467 1,901,812 Generating-expenses (fuel) — King's Wharf Penrose Huntly 162,272 31,091 1,958 165,952 13,406 2,464 Rents —• Land and buildings Lines and plant 18,860 732 19,592 19,078 834 195,321 19,912 181,822 Purchase of power in bulk Standby charges 441,723 32,400 278,578 32,475 Miscellaneous revenue 3,178 5,420 Transmission system : Patrol and maintenance Substations : Operation and maintenance Communication system : Patrol and maintenance Distribution: Maintenance System operation, testing, &c. Management and general expenses 793,044 62,545 79,503 13,957 1,660 30,239 169,196 600,737 62,335 72,175 10,379 1,565 28,172 187,271 Balance, to Net Revenue and' Appropriation Account 1,150,144 873,093 962,634 964,510 £2,023,237 £1,927,144 £2,023,237 £1,927,144