8.—7

24

Appropriations for Consolidated Fund Services.

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

ANALYSIS OF PERMANENT CHARGES.—DEBT SERVICES.

Rate nmKa Authorizing Act. Principal. per Hall-yearly due Dates. Amount Recoverable. 1929-30. Cent. Finance Act, 1922 (Section 8) — £ £ £ £ Aid to Public Works and Land 191,010 .. 1 June and 1 Dec... 2,729 .. 2,729 Settlement Act, 1910 Finance Ad, 1916 (Section 35), 4,736,842 .. j „ 67,687 .. 67,687 (War Expenses) Finance Act, 1918 (Section 10) 6,600,000 .. „ 94,309 .. 94,309 Land for Settlements Act, 1908 37,778 .. ,, 540 540 Naval Defence Act, 1909 .. 963,131 .. „ 26,022 .. 26,022 Public Revenues Amendment Act, 2,067,411 .. „ 29,542 .. 29,542 1914 (Section 8), (War Expenses ) Public Revenues Amendment Act, 8,105*992 .. „ 115,830 .. 115,830 1915 (Section 5), (War Expenses ) War Purposes Loan Act, 1917 4,830,000 .. „ 69,017 .. 69,017 (Section 2), War Purposes Loan Act, 1917 (No. 2) _ _ TOTAL .. . . 27,532,164 * 405,676 540 405,136 * The rate ia 6 per cent, on the original debt, £27,532,163 17a. 10d., less interest at the average rate of £4193. B'88d. on the amount remaining unpaid.

Recoveries — Gro »»- respective 1929^0 ' Accounts. Interest — £ £ £ War Expenses .. .. .. .. .. 3,321,836 | .. 3,321,836 Discharged Soldiers Settlement (including purchase of Estates) 275,640 275,640 Land for Settlements .. .. .. .. .. 488,369 427,000 61,369 State Advances .. .. .. .. .. 1,550,369 1,550,369 Naval Defence .. .. .. .. .. 63,365 .. 63,365 Electric Supply .. .. .. .. .. 482,241 482,241 Westport Harbour .. .. .. .. .. 30,000 17,647 12,353 Public Works and Miscellaneous .. .. .. 5,754,909 168,721 5,586,188 Total Interest .. .. .. .. 11,966,729 2,921,618 9,045,111 Net Interest (chargeable to Consolidated Fund) .. 9,045,111 Amortization, — Sinking Fund — Westport Harbour .. .. .. 7,000 4,118 2,882 Total Sinking Fund .. .. .. 7,000 4,118 2,882 Diet Repayment— Repayment of the Public Debt Act, 1925— Amount transferable to Public Debt Repayment Aocount from Consolidated Fund .. .. .. .. 1,156,589 .. 1,156,589 Net Amortization Charge (chargeable to Consolidated Fund) .. .. .. .. .. .. 1,159,471 Total Interest and Amortization Charge .. .. .. 10,204,582 Reduction de Funded Debt .. .. .. .. 405,676 540 405,136 Net Reduction of Funded Debt (chargeable to Consolidated Fund) .. .. .. .. .. .. 405,136 GRAND TOTAL.. .. .. .. .. .. 10,609,718