29

B.—l [Pt. I].

PUBLIC ACCOUNTS, 19 21-1922

for the Year ended 31st March, 1922, compared with the Financial Year ended 31st March, 1921— continued.

1920-1921. EXPENDITURE. 1921-1922. £ s. d. Bank of New Zealand Act, 1920,— Shares issued to New Zealand Government by Bank of New Zealand in terms of resolution of Directors, dated 9th December, 1920, in lieu of Shares surrendered, as per contra— 500,000 Preference " A " Shares of £1 each (nominal value, £500,000) 625,000 Preference " B " Shares of £1 eaoh (nominal value, £625,000) £ s. d. £ s. d. 500,000 0 0 375,000 0 0 875,000 0 0 875,000 0 0 Balanoe at end of Year, — Investment Aooount 875,000 0 0 OlO, ooo o o Totals £875,000 0 0 £1,750,000 0 0 £875,000 0 0 ACCOUNT. £ s. d. £ £ s. d. s. a. £ s. d. 2,000,000 0 0 Balanoe at end of Year, — Investment Aooount 2,000,000 0 0 £2,000,000 0 0 £2,000,000 0 0 Totals CONSOLS ACCi lUNT. £ s. d. Balance at end of Year, — Cash in Deposit Aooount .. Investment Aooount * *. £ s. d. £ s. d. 6 14 0 475,985 0 0 6 14 0 475,985 0 0 475,991 14 0 Totals £475,991 14 0 £475,991 14 0 ACCOUNT. £ a. d. 46,329 13 5 Expenditure under Section 4 of the Kauri-gum Inaustry Amendment Act, 1914 £ a. a. £ s. d. 49,345 3 0 Recoupments under the Finanoe Act, 1919, Seotion 4, — Interest Sinking Fund 1,105 0 0 102 12 8 1,207 12 8 2,120 0 0 2,120 0 0 Balanoe at end of Year, — Cash in the Publio Acoount Imprests outstanding— In the Dominion 7,401 0 3 1,945 0 2 1,945 6 2 17 3 4 7,418 3 7 Totals £52,498 1 10 £55,867 17 0