B.—l PT. I}.

PUBLIC ACCOUNTS, 1926-1927.

Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

10— B. 1 [PT. Ij.

67

AUTHORIZATION ACT 1914 ACCOUNT—continued. 1925-1926. 1926-1927 „ EXPENDITURE. Gross. Gross. £ s. d. £ s. d. £ s. d. 650,314 6 5 Brought forward .. .. .. .. .. .. 624,349 5 1 Expenditure under Section 10 of the Finance Act, 1925, — 38,176 8 0 Rearrangement of or alterations and additions to stations .. .. .. 39,514 6 5 857 18 3 Deviation and duplication: Ravensbourne-Burke's .. .. .. .. 15,728 13 3 N«w Depot for locomotives at Elmer Lane .. .. .. .. .. 1,315 0 10 Electric lighting of Stations .. .. .. .. .. .. 9,992 10 0 Marshalling-yards for Cbristchurch at Middleton .. .. .. .. 51,778 5 9 2,495 6 3 Telephones, telegraphs, and signalling, interlocking and safety appliances .. 45,558 4 4 10,201 7 4 Workshops and equipment of Locomotive branch .. .. .. .. 44375 19 0 New Workshops at Otahuhu and Petone, and alterations and additions to 43,438 16 11 workshops at Addington and Hillside ".. .. .. .. .. 167,878 15 4 Miscellaneous works— Auckland to Morniugside deviation .. .. .. .. .. 32,191 15 11 75,178 17 9 Permanent-way materials I 408,833 10 10 170,348 14 6 New Zealand Loans Act, 1908, Section 5(1) (6), — Railways Improvement Authorization Act, 1914— Temporary advance from Bank of England on Memorandum of Security repaid .. 90,000 0 0 Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908— 42,007 14 0 Railways Improvement Authorization Aot, 1914 .. .. .. .. 34,708 0 8 Railways Improvement Authorization Act, 1914 (redemptions) .. .. 16 2 6 ] : j 34,724 3 2 Balance at end of Year, — 38,370 9 3 Cash in the Public Acoount .. .. .. .. .. .. 27,176 9 4 Imprests outstanding— 4,506 1 0 In the Dominion .. .. .. .. .. .. .. 228 1 5 885 1 4 In London .. .. .. .. 236 900 0 0 Investment Account .. .. .. .. .. .. .. 375,250 0 0 ' 402,654 10 9 280,661 11 7 £1,143,332 6 6 Totals .. .. .. .. .. .. .. £1,560,561 9 10 DRAINAGE ACCOUNT. £ s. d. £ a. d. £ s. d. 21,971 16 8 Expenditure under Seotion 7 of the Rangitaiki Land Drainage Aot, 1910 .. .. .. 14,174 12 5 Appropriation Act, 1924, Section 14, Subsection (2) (6), and Appropriation Act, 1925, Section 16— 5,048 5 5 Refund of Rates Balance at end of Year, — 4,183 13 0 Cash in the Publio Account .. .. .. .. .. .. 4,839 4 4 20 000 0 0 Investment Account .. .. .. .. . .. .. 10,000 0 0 ' 14,839 4 4 24,183 13 0 £51,203 15 1 Totals .. .. .. .. .. £29,013 16 9 Note. In these accounts the credits-ill-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.