B.—l [PT. I].

PUBLIC ACCOUNTS, 192 6-1 927.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

32

DISCHARGED SOLDIERS SETTLEMENT 1925-1920. RECEIPTS. 1926-1927. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 1,484 14 9 Cash in the Public Aocount .. .. .. .. .. .. 18,196 12 5 270,250 0 0 Investment Account .. .. .. .. .. .. .. 276,850 0 0 — 295,046 12 5 271,734 14 9 11,876 5 2 Interest on Securities held by Investment Account .. .. .. .. .. 12,879 1 2 Discharged Soldiers Settlement Loans Act, 1920, Section 7, — 50,000 0 0 Transfer from the Consolidated Fund .. .. .. . • .. j 50,000 0 0 £333,610 19 11 Totals .. .. .. .. .. .. .. j £357,925 13 7 EDUCATION LOANS 1 t a. d. Balance at beginning of Year,— £ a. d. £ s. d. 3,173 16 10 Cash in the Public Account .. .. .. .. .. .. 39,775 10 7 Imprests outstanding— 1,181 2 6 In the Dominion .. .. .. .. .. .. .. 379 16 11 122,100 0 0 Investment Account 40,155 7 6 126,454 19 4 Credits in reduction of Expenditure under Section 3 of the Eduoation Purposes 6,224 10 6 Loans Act, 1919 .. .. .. .. .. .. .. •• 4,298 5 10 New Zealand Loans Act, 1908, — Eduoation Purposes Loans Act, 1919 — 478 650 0 0 Debentures issued .. .. .. • • .. .. . ■ .. 566,960 0 0 £611,329 9 10 Totals .. .. .. .. .. .. .. £611,413 13 4 Notb. In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.