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8.—6

XLII

I estimate a surplus for the year 1920-21 of £819,203, which is available for the supplementary estimates, and is made up as follows : — • , . £ Estimated revenue, 1920-21 .... 27,712,700 Estimated expenditure .... ... .... 26,893,497 Available for supplementary estimates .... £819,203 : ■ RESULTS. Total revenue, £26,081,340; total expenditure, £23,781,924; surplus,. £2,299,416. Total accumulated surplus at 31st March, 1920, £17,538,977. Public-works expenditure, £2,021,153. Redemption and renewals effected, £3,762,745. District Treasury Office opened at Auckland. Customs revenue and excise, £5,185,727. Land and income tax receipts, £7,927,668. i: ; 'Total expenditure on mental hospitals, £303,755. Influenza epidemic expenditure, £194,000. Post and telegraph revenue, £2,096,757. Savings-bank deposits, £29,758,448. Excess of deposits over withdrawals,. £3,796,070.; : Stamp revenue, £3,344,P33. , Land revenue, £1,452,352. ~ t .',', 201;897 acres, costing £2,352,452, purchased during the year for settlement, of discharged soldiers. .; ,23,021 subdivisions of land affecting 4,858,340 acres made during eight years' ended 31st March, 1920. '■"'■ -Advances authorized to 12,415 discharged soldiers, £12,610,264. Total area proclaimed under Discharged Soldiers Settlement Act, 1915,,t0, 31st March, 1920, 883,301 acres. Swamp land reclaimed, 3,700 acres. ;■!,: •: : Total area of State forests, 5,021,280 acres. :;! ; ; ■ "■'; State Advances Office loans, £2,169,480. : Advisory Air Board and a Committee of Defence established. . : ; War expenditure to 31st ,Maroh, 1920, £76,956,826. , War gratuities paid to 31st March, 1920, £4,917,638: Eli ' Retrospective allowances paid to 31st March, 1920, £706,804. Financial assistance granted to soldiers to 31st March, 1920, £261,218. Repatriation expenditure, to 31st March, 1920, £1,041,366. Coal-production during the year decreased by 186,402 tons. ;: ! Coal-production in 1919 compared with 1914 decreased by 500,000 tons. Coal imported during 1919, 455,494 tons. War pensions paid during 1919-20, £1,812,419. Expenditure by Education Department out of Consolidated Fund appropriations, £2,031,825; under Education Acts, £130,066; and out of nationalendowment revenue, £78,988. Total payments made for supplies purchased on behalf of Imperial Government, £133,091,240. War loans raised to 31st March, 1920, £80,089,025. ..„ Gross public debt at 31st March, 1920, £201,170,755. ,v lt&T Sinking funds at 31st March, 1920, £7,257,564. Net indebtedness per head, £165 3s. Net annual interest and sinking-fund charges, £7,249,426.

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