8.—7

24

Appropriations for Consolidated Fund Services.

PERMANENT CHARGES.—DEBT SERVICES—AMORTIZATION—REDUCTION OF FUNDED DEBT.

ANALYSIS OF PERMANENT CHARGES.—DEBT SERVICES.

Original Bate Rm . a Authorizing Act. Debt per Half-yearly due Dates. Recoverable. 1928-29. funded. Cent. Amount. Finance Act, 1922 (Section 8)— £ £ £ £ Aid to Public Works and Land 191,010 .. 1 June and 1 Deo... 2,599 .. 2,599 Settlement Act, 1910 Finance Act, 1916 (Section 35), 4,736,842 .. „ 64,441 .. 64,441 (War Expenses) Finance Act, 1918 (Section 10) 6,600,000 .. „ 89,787 .. 89,787 Land for Settlements Act, 1908 37,778 .. ,, 514 514 Naval Defence Act, 1909 .. 963,131 .. „ 24,775 .. 24,775 Public Revenues Amendment Act, 2,067,411 .. „ 28,125 .. 28,125 1914 (Section 8), (War Expenses ) Public Revenues Amendment Act, S, 105,992 .. „ 110,275 .. 110,275 1915 (Section 5), (War Expenses) War Purposes Loan Act, 1917 4,830,000 .. „ 65,708 .. 65,708 (Section 2), War Purposes Loan Act, 1917 (No. 2) TOTAL .. .. 27,532,164 * .. ' 386,224 514 385,710 * The rate la 6 per cent, on the original debt, £27,532,163 17s. 10d., Jess interest at the average rate of £4 19s. 5"88d. on the amount remaining unpaid.

Recoveries Gro8S - respective 1928 " 29 - Accounts. Interest — £ £ £ War Expenses .. .. .. .. .. 3,381,361 .. 3,381,361 Discharged Soldiers Settlement (including purchase of Estates) 420,422 359,584 60,838 Land for Settlements .. .. .. .. .. 343,272 343,272 State Advances .. .. .. .. .. 1,407,579 1,407,579 Naval Defence .. .. .. .. .. 64,604 .. 64,604 Electric Supply .. .. .. .. .. 395,605 395,605 Westport Harbour .. .. .. .. .. 30,000 17,647 12,353 Public Works and Miscellaneous .. .. .. 5,159,182 139,204 5,019,978 Total Interest .. .. .. .. 11,202,025 2,662,891 8,539,134 Net Interest (chargeable to Consolidated Fund) .. .. 8,539,134 A MORTIZATION,— Sinking Eund — Westport Harbour .. .. .. .. 7,000 4,118 2,882 Total Sinking Fund .. .. .. .. 7,000 4,118 2,882 Debt Repayment— Repayment of the Public Debt Act, 1925— Amount transferable to Public Debt Repayment Account from Consolidated Eund .. .. .. .. 1,053,559 .. 1,053,559 Net Amortization Charge (chargeable to Consolidated Fund) .. .. .. .. .. .. 1,056,441 Total Interest and Amortization Charge .. .. .. 9,595,575 Reduction oe Funded Debt .. .. .. .. 386,224 514 385,710 Net Reduction of Funded Debt (chargeable to Consolidated Eund) .. .. .. .. .. .. 385,710 GRAND TOTAL .. .. .. .. .. .. j 9,981,285