8.—7

26

A ppropriations for Consolidated Fund Services.

PERMANENT CHARGES— continued.

INTEREST AND SINKING FUND— continued. Government Advances to Settlers Act, 1908, and Finance Act, 1915 (Section 106)— Advances to Workers — £ Interest on £10,000 (a), 4J per cent., 1st January and 1st July 150 Amount to be recovered from the State Advances Office ... ... ... 450 New Zealand Stale-guaranteed Advances Acts, 1909 and 19.10— Advances to Settlers — Interest on £1,967,626 @ 4J per cent., 1 June and 1 December 88,543 Interest on 750,000 ,, A" per cent., 23 April and 23 October 30,000 Intereston 41,700 ,, 4 per cent., 1 February and 1 August 1,668 Intereston 2,094 ,, 4 J per cent., 1 February and 1 August 94 1922-23 £ £2,761,420 120,305 Amount to be recovered from the State Advances Office ... ... ... 120,305 Advances to Workers — Interest on £205,000 @, A per cent., 1 January and 1 July ... 8,200 Interest on 7,000 ,, 4 per cent., 1 April and 1 October ... 280 Interest on 750,000 ,, 4 per cent., 1 February and 1 August 30,000 Interest on 406 ,, 4J per cent., 1 February and 1 August 18 Interest on 328,283 ,, 4J per cent., 1 June and 1 December 14,773 £1,290,689 53,271 Amount to be recovered from the State Advances Office ... ... ... 53,271 TOTAL INTEREST AND SINKING FUND ... £8,913,104 10,875,195 1,962,091 Interest and Sinking Fund Less Recoveries Net charge to Consolidated Fund £8,913,104 ANALYSIS. 1922-23. 1922-23. , Estimated. Purpose of Loans. Estimated. Gross. Recoveries from respective Accounts. Net charge to Consolidated Fund. NTEREST War Expenses Discharged Soldiers Settlement (including purchase of Estates) ... Land for Settlements State Advances Naval Defence Electric Supply Greymouth Harbour Board ... ... Westport Harbour... Public Works and Miscellaneous £ 3,855,580 468,390 380,784 472,183 43,341 219,809 14,400 37,677 4,112,239 £ 463,590 380,784 472,183 £ 3,855,580 4,800 43,341 219,809 14,400 37,677 295,148 3,817,091 Total —Interest £9,604,403 £1,883,591 £7,720,812 Sinking Fund — War Loans Naval Defence Westport Harbour... Public Debt Extinction 816,857 71,807 8,500 373,628 8,500 70,000 816,857 71,807 303,628 Total— Sinking Fund ... £1,270,792 £78,500 £1,192,292 Total—Interest and Sinking Fund £10,875,195 £1,962,091 £8,913,104