33

B.—l [PT. I].

PUBLIC ACCOUNTS, 192 8-1 92 9.

Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

LOANS ACT 1920 DEPRECIATION FUND ACCOUNT. 1927-1928. 1928-1929. Gross. EXPENDITURE. Gross> £ s. d. £ s. d. £ s. d. Amortization of Debt, — Redemption and Cancellation of Securities in terms of Section 7 of the Discharged Soldiers Settlement Loans Act, 1920— New Zealand Loans Act, 1908— Discharged Soldiers Settlement Loans Act, 1920— 993 17 6 Debentures, 1933 New Zealand Inscribed Stock Act, 1917— Discharged Soldiers Settlement Loans Act, 1920 — 3,390 8 7 5J-per-cent. Inscribed Stock, 1933 (nominal value, £100) .. .. 99 17 6 5J-per-cent. Inscribed Stock, 1930 (nominal value, £1,000) .. .. 980 0 0 1,079 17 6 4,384 6 1 Balance at end of Year, — 20,241 9 10 Cash in the Public Account .. .. .. .. .. .. 27,151 4 1 Investment Account—396,875 0 0 Securities held .. .. .. .. .. .. .. 457,525 0 0 484,676 4 1* 417,116 0 10 £421,500 15 11 Totals .. .. .. .. .. .. .. £485,756 1 7 * For explanatory statement see page 73. ACCOUNT. £ s. d. £ s. d. £ s. d. i 380,200 0 10 Expenditure under Section 3 of the Education Purposes Loans Act, 1919.. .. .. 398,463 6 2 j Charges and Expenses of raising Loans, — Now Zealand Loans Act, 1908— 649 3 9 Education Purposes Loans Act, 1919 .. .. ■ ■ .. .. 6 12 6 3 18 6 Education Purposes Loans Act, 1919 (redemptions) .. .. . . 40 2 6 2 0 0 Education Purposes Loans Act, 1919 (renewals) .. .. •. ■. 18 2 6 Education Purposes Loans Act, 1919, and Finance Act, 1927 (No. 2), Section 4 6 10 0 — — 71 7 6 J 655 2 3 ! Public Revenues Act, 1926, Section 40, — I 4,313 8 6 Interest paid on Temporary Transfers from other Accounts 160,000 0 0 Temporary transfers from other Accounts repaid i 164,313 8 6 j I Balance at end of Year, — 17,646 12 4 Cash in the Public Account .. .. .. .. .. 37,985 16 8 Imprests outstanding— 67 16 5 In the Dominion .. .. . . .. . . .. ■ . 619 9 5 Investment Account — 40,000 0 0 Securities held 1 38,605 6 1* j 57,714 S 9 £602,883 0 4 Totals .. .. .. .. . • ■■ .. £437,139 19 9 * For explanatory statement see page 73.