B.—l IFt

PUBLIC ACCOUNTS, 1930-1931.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1931, compared with the Year ended 31st March, 1930— continued.

46

Y , BAK „ _,-„,_.___ Year kndko 31st March, exded 31si March, RECEIPTS. 1031 1930. lval - £ s. d. £ s. d. £ s. d. Balance at beginning of Year, — 5,325 17 2 Cash .. .. .. .. .. .. .. .. .. .. 3,062 14 2 1,154,245 7 7 Repayment 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 outstanding at 31st March, 1930 .. .. .. .. .. 981,619 11 3 Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt redeemed to 31st March, 1930 .. .. .. .. .. 25,180 3 6 Subsection (6), being 3£ per cent, of the amount of the Public Debt redeemed to 31st March, 1930 .. .. .. .. .. .. .. 176,261 4 9 Subsection (b), being 3£ per cent, of the amount of the Public Debt cancelled during the year, computod from the dates of Redemption .. .. 23,997 13 0 1,207,058 12 6 1,953 4 4 Interest on Investments .. .. .. .. .. .. .. .. 50 14 2 £1,161,524 9 1 Totals .. .. .. .. .. .. £1,210,162 0 10 THE RAILWAYS IMPROVEMENT £ s. d. Balance at beginning of Year, —■ . | £ s. d. £ s. d. 1,119,538 4 6 Cash .. .. .. .. .. .. .. .. 169,265 14 4 Imprests outstanding— 1,834 18 1 In the Dominion 2,742 9 0 In London .. .. .. .. .. .. .. .. 2,891 2 (i Investment Account— 50,700 0 0 Securities held .. .. .. .. .. .. .. 155,000 0 0 . 327,156 16 10 1,174,815 11 7 New Zealand Loans Act, 1908,— Railways Improvement Authorization Act, 1914, and Finance Act, 1927 (No. 2), Section 3 — New Zealand Consolidated Stock, 1948-58— Stock issued in respect of £1,500,000 authorized (part of £7,000,000 437,421 8 7 4£-per-cent. Stock Loan, 1929) 5 2 11 Interest on overdue Instalments New Zealand Consolidated Stock, 1949 — Stock issued in respect of amount required to cover Charges and Expenses of raising £1,500,000 authorized (part of £7,000,000 4£-per-cent. Loan, 1929) 118,038 5 9 Stock issued in respect of £500,000 authorized (part of £5,500,000 5-per-cent. Loan,1930) .. .. .. .. .. .. .. 500,000 0 0 Stock issued in respect of amount req uired to cover Charges and Expenses of raising £500,000 authorized (part of £5,500,000 5-per-cent. Loan, 1930) .. 13,874 3 6 Stock issued in respect of £225,702 16s. 9d. authorized (part of £685,702 16s. 9d. 5-per-cent. Loan, 1930) .. .. .. .. 225,702 16 9 New Zealand Inscribed Stock Act, 1917— Inscribed Stock issued .. .. .. .. .. .. 136,550 0 0 Inscribed Stock (Death Duties) issued . . .. .. .. .. 2,200 0 II Debentures issued .... .. .. .. .. ,. 143,600 0 o ——— 1,139,965 6 0 437,426 11 6 i Recoveries on account of Expenditure of previous Years .. .. .. .. 1,867 13 2 £1,612,242 3 1 Totals .. .. .. .. .. .. £1,468,989 16 0