B—l [Pt. IV]

ELECTRIC SUPPLY ACCOUNT.—STATEMENT OF ACCOUNTS AT 31st MARCH, 1948 Profit and Loss Account for the Year ended 31st March, 1948, compared with Year ended 31st March, 1947 Gross Revenue Account

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Dr. 1947-48. 1946-47. 1 Cr. 1947-48. 1946-47. Generating-expenses — Hydro- electric — Arapuni Karapiro .. .. ... Horahora Waikaremoana (Tuai) Waikaremoana (Piripaua) Mangahao Cobb River Lake Coleridge Waitaki Arnold Highbank Monowai £ 38,OSS 12,832 6,318 26,271 5,752 15,166 38,152 20,265 13,335 3,356 7,160 11,251 £ £ 35,835 10,624 53,479 5,943 17,719 12,109 18,240 14,376 2,954 6,463 10,239 Sales of electrical energy — Bulk for resale Other than for resale — Traction Industrial Retail £ 53,471 157,853 150,221 £ 2 848,883 361,545 £ £ 2,707,601 54,652 156,343 148,446 3,210,428 3,067,042 Rents — Land and buildings Lines and plant 27,491 1,286 28,777 25,598 779 26,377 197,946 Miscellaneous revenue 19,197 16,157 187,981 Fuel — King's Wharf Penrose Huntly .. .. Stoke Dobson 171,780 22,517 268 4,892 25,940 225,397 162,272 31,091 1,958 4,047 20,608 219,976 Purchase of power in bulk Standby charges 348,854 34,517 486,465 33,640 Transmission system : Patrol and maintenance Substations Operation and maintenance .. Communication system: Patrol and maintenance Distribution: Maintenance System operation, testing, &c. Administration costs and expenses 806,714 76,961 128,149 15,568 33,727 55,700 342,502 928,062 88,518 121,145 IS,770 42,097 50,297 281,495 Balance, to Net Revenue and Appropriation Account 1,459,321 1,799,081 1,530,384 1,579,192 £3,258,402 £3,109,576 £3,258,402 £3,109,576