B.—l [Pt. I]

28

PUBLIC ACCOUNTS, 1921-1922.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS

1920-1921. RECEIPTS. 1921-1922. £ s. d. £ s. d. £ s. d. 875,000 0 0 Balance at beginning of Year,— Investment Acoount 875,000 0 0 5ro,000 0 0 375,000 0 0 Bank of New Zealand Act, 1920,— Shares surrended to Bank of New Zealand for cancellation— 75,000 " A " Preference Shares of £6 13s. 4d. each (nominal value, £500,000).. 37,500 "B" Preference Shares of £6 13s. 4d. each (nominal value, £250,000).. 875,000 0 0 Totals [£1,750,000 0 0 £875,000 0 0 Rl [.SERVE FUND £ s. d. £ a. d. £ a. d. 800,000 0 0 Balanoe at beginning of Year,— Investment Account 2,000,000 0 0 1,200,000 0 0 Transfer from the Consolidated Fund in terms of Subsection (2) of Seotion 3 of the Finance Act, 1919, as amended by Seotion 32 of the Finance Act, 1920 £2,000,000 0 0 Totals £2,000,000 0 0 NEW ZEALAND £ s. d. £ s. d. £ s. d. 6 14 0 475,985 0 0 Balance at beginning of Year, — Cash in Deposit Account .. Investment Acoount 0 14 0 475,985 0 0 475.991 14 0 £475,991 14 0 Totals £475,991 14 0 KAURI-G MINDUSTRY £ s. d. £ a. a. £ s. d. 16,259 15 2 62 15 4 Balance at beginning of Year, — Cash in the Publio Acoount Imprests outstanding— In the Dominion 7,401 0 3 17 3 4 7,418 3 7 16,322 10 6 Sale of Kauri-gum 39,205 0 0 22,942 11 5 26 12 6 Miscellaneous Receipts 50 6 7 313 14 0 Interest on Securities held by Investment Account 87 0 8 New Zealand Loans Act, 1908, — Kauri-gum Industry Amendment Aot, 1914, and Appropriation Act, 1918, Seotion 45— Debentures issued 22,000 0 0 £55,867 17 0 Totals £52,498 1 10