Financial Report




DUNEDIN WATER WORKS COMPANY.—ABSTRACT OF RECEIPTS, EXPENDITURE, AND BALANCE, FOR THE YEAR ENDED DECEMBER 31, 1869.

CAPITAL ACCOUNT.—RECEIPTS.

To Dec. 31, 1868. During 1869. Total.
£ s. d. £ s. d. £ s. d.
1. Share Capital ... £34,901 5 0 ... ...
Less repaid ... 5 0 0 ... ...
34,986 5 0 ... 34,986 5 0
2. Debentures ... ... 15,000 0 0 15,000 0 0
3. H. H. Kitchener ... ... 5,000 0 0 5,000 0 0
£54,986 5 0

EXPENDITURE.

To Dec. 31, 1868. During 1869. Total.
£ s. d. £ s. d. £ s. d.
1. Preliminary expenses ... 42 1 0 ... 42 1 0
2. Law charges and Parliamentary expenses ... 2,215 18 2 45 5 6 2,261 3 8
3. Engineering expenses ... 1,792 7 1 ... 1,792 7 1
4. Printing and Stationery ... 165 18 0 ... 165 18 0
5. Advertising ... 176 15 6 ... 176 15 6
6. Charges ... 382 12 1 251 8 10 634 0 11
7. Furniture ... 32 0 0 ... 32 0 0
8. Charges of Management ... 1,495 3 4 ... 1,495 3 4
9. Land settlements ... 2,625 0 0 ... 2,625 0 0
10. Rent ... 347 10 0 ... 347 10 0
11. Works and Plant ... 36,938 4 0 6,442 3 4 43,380 7 4
12. Interest ... £1,804 11 3 ...
Less received during the year ... 91 5 10 ...
1,713 5 5 ... 1,713 5 5
13. Advance to new works ... ... 200 0 0 200 0 0
14. Balance—Cash in Bank of Australasia ... ... 260 0 0 260 0 0
15. Do. Bills receivable ... ... 55 11 3 55 11 3
5 1 6 5 1 6
£54,986 5 0 £54,986 5 0

REVENUE ACCOUNT.—RECEIPTS.

To Dec. 31, 1868. During 1869. Total.
£ s. d. £ s. d. £ s. d.
1. Provincial Government ... 1,982 4 10 1,950 18 5 3,933 3 3
2. Water Rate ... 2,591 10 1 3,342 5 5 5,933 15 6
3. Transfer Fees ... ... 8 10 0 8 10 0
£9,875 8 9

EXPENDITURE.

To Dec. 31, 1868. During 1869. Total.
£ s. d. £ s. d. £ s. d.
1. Dividend Account ... 1,106 9 9 169 6 1 1,275 15 10
2. 2nd do. ... ... 1,299 16 8 1,299 16 8
3. 3rd do. ... ... 1,268 16 0 1,268 16 0
4. Repairs and maintenance ... £938 17 7 ...
Less transferred to Capital Acnt. ... 599 5 7 ...
339 12 0 149 2 6 488 14 6
5. Charges ... 274 7 5 ...
Less transferred to ... 206 10 10 ...
67 16 7 79 5 11 147 2 6
Carry forward ... £4,480 5 6


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Online Sources for this page:

VUW Te Waharoa PDF Otago Provincial Gazette 1870, No 648





✨ LLM interpretation of page content

🏗️ Dunedin Water Works Company Financial Abstract

🏗️ Infrastructure & Public Works
Financial Report, Water Works, Capital Account, Revenue Account, Dunedin
  • H. H. Kitchener, Contributor to capital account