B.—l [PT. I]

PUBLIC ACCOUNTS, 1928-1929.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

56

PUBLIC DEBT 1927-1928. ! RECEIPTS. 1928-1929. _| | £ s. d. J Balance at beginning of Year, — £ s. d. £ s. d. ■1,394 12 10 Caah in the Public Account .. .. .. .. .. .. .. 187 II 10 | Prepayment of the Public Debt Act, 1925, Section 11, — Transfers from the Consolidated Fund— Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 919,727 4 10 outstanding at 31st March, 1928 .. .. .. .. .. 944,454 7 6 Subsection (6), being 3| per cent, of the amount of the Public Debt redeemed 64,111 6 10 to 31st March, 1928 .. .. .. .. .. .. 99,104 14 7 Subsection (b), being 3J per cent, of the amount of the Public Debt cancelled 9,923 17 4 during the year, computed from the dates of Redemption .. .. 3,368 12 (5 1 1,046,927 14 7 993,764 9 0 ' I 216 6 2 Interest on Investments .. .. .. .. .. .. .. I .. I 81 9 5 I £998,375 8 0 Totals .. .. .. .. .. .. .. £1,047,196 15 10 RAILWAYS IMPROVEMENT £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 27,176 9 4 Cash in the Public Account .. .. .. .. .. .. 90,966 18 8 Imprests outstanding— 228 1 5 In the Dominion .. .. .. .. .. .. .. 1,731 5 11 In London .. .. .. .. .. .. .. .. 9,821 3 9 Investment Account — 375,250 0 0 Securities held .. .. .. .. .. .. .. 574,250 0 0 676,769 8 4 402,654 10 9 Credits in reduction of Expenditure under Section 5 of the Railways Improvement Authorization Act, 1914, — 3,452 14 3 Duplications 20,857 9 6 New line: Auckland-Westfield .. .. .. .. .. .. 17,969 9 9 775 3 6 New stations, station-yards, and terminal facilities .. .. .. .. 17,772 0 5 Bridge-strengthening .. .. .. .. .. .. .. 59 16 5 35,801 6 7 25,085 7 3 Credits in reduction of Expenditure under Section 7 of the Finance Act, 1924, — 2,093 3 0 Paeroa railway-station rearrangement .. .. .. .. .. 2,15848 304 17 0 Tawa Flat deviation .. .. .. .. .. .. .. 2,952 3 8 0 15 0 Pelichet Bay railway deviation .. .. .. .. .. .. 519 11 '6 34,078 13 6 Hutt Valley railway .. .. .. .. .. .. .. 8,956 2 4 153 11 7 Palmerston North railway deviation .. .. .. .. .. 1,027 7 11 5,419 14 2 Elimination of level crossings .. .. .. .. .. .. 22 15 3 15,636 5 4 42,050 14 3 469,790 12 3 Carried forward .. .. .. .. .. .. 728,207 0 3