B.—l [PT. I].

PUBLIC ACCOUNTS, 1931-1932.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the Year ended 31st March, 1932, compared with the Year ended 31st March, 1931.

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?? AB „ Year ended 31st March, ended 31st March, RECEIPTS. 1932 1931. £ a. d. Balance at beginning of Year,— £ s. d. £ s. d. 315,410 19 9 Cash .. .. .. .. .. .. .. .. .. 811,999 12 1 Imprests outstanding— 9.691 18 11 In the Dominion .. .. .. .. .. .. .. 4,906 14 11 23,02112 9 In London .. .. .. .. .. .. .. .. 15,509 7 9 Investment Account — Securities held .. .. .. .. .. .. .. 507,620 0 0 — . 1,340,035 14 9 348,124 11 5 New Zealand Loans Act, 1908, — New Zealand Consolidated Stock, 1949 — Finance Act, 1927 (No. 2), Section 2 (Public Works) — Stock issued in respect of amount required to cover charges and expenses of 196,730 9 6 raising £2,500,000 authorized (part of £7,000,000 4J-per-cent. Loan, 1929) .. Finance Act, 1928, Section 2 (Public Works) — Stock issued in respect of amount required to cover charges and expenses of 157,384 7 8 raising £2,000,000 authorized (part of £7,000,000 4£-per-cent. Loan, 1929) Stock issued in respect of £1,000,000 authorized (part of £5,500,000 5-per-cent. 1,000,000 0 0 Loan, 1930) Stock issued in respect of amount required to cover charges and expenses of 27,748 7 0 raising £1,000,000 authorized (part of £5,500,000 5-per-cent. Loan, 1930).. Finance Act, 1929, Section 2 (Public Works) — Stock issued in respect of £3,500,000 authorized (part of £5,500,000 3,500,000 0 0 5-per-cent. Loan, 1930) Stock issued in respect of amount required to cover Charges and Expenses of 97,119 4 6 raising £3,500,000 authorized (part of £5,500,000 5-per-cent. Loan, 1930) Stock issued in respect of £140,000 authorized (part of £685,702 16s. 9d. 140,000 0 0 5-per-cent. Loan, 1930) Public Works Fund—General Purposes Account — Stock issued in respect of the amount required to cover Charges and Expenses of raising— £5,000,000 5-per-cent. 1935-45 Stock in conversion of £5,000,000 4-per-cent. 166,332 7 8 1929 Stock £5,256,348 7s. 9d. 4J-per-cent. 1947 Stock in conversion of £5,030,000 41,248 3 9 4-per-cent. 1929 Stock £12,227,987 13s. 3d. 4J-per-cent. 1948-58 Stockin conversion of £11,729,496 153,255 6 7 4-per-cent. 1929 Stock Finance Act, 1930 (No. 2), Section 2 (Public Works) — Bonds issued in respect of £3,000,000 authorized (part of £5,000,000 5-per-cent. Loan, 1931).. .. .. .. .. .. .. 3,000,000 0 0 Interest on overdue instalments .. .. .. .. .. 875 Finance Act, 1929, Section 2 (Public Works) — 186,600 0 0 Debentures issued .. New Zealand Inscribed Stock Act, 1917 — Finance Act, 1929, Section 2 (Public Works) — 90,150 0 0 Inscribed Stock issued 3,250 0 0 Inscribed Stock (Death Duty) issued 3,000,008 7 5 5,759,818 6 8 • Public Revenues Act, 1926, Section 42— 375,000 0 0 Proceeds of Treasury Bills issued in anticipation of Loan Finance Act, 1930 (No. 2), Section 16— Balance of Waihou and Ohinemuri Rivers Improvement Account transferred .. .. 5,518 10 10 Finance Act, 1931 (No. 2), Section 26 (2) —- Balance of Education Loans Account transferred .. .. .. .. .. 12,867 3 9 Finance Act, 1931 (No. 2), Section 27 (1) — Balance of Railways Improvement Authorization Act, 1914, Account transferred .. 420,783 17 4 41,583 1 6 Recoveries on account of Expenditure of previous Years .. .. .. .. 72,214 16 0 Lake Ellesmere and Forsyth Reclamation and Akaroa Railway Trust Account, — 1.692 16 7 Receipts under Land Act, 1924, Section 383 (2) .. .. .. .. .. 1,646 1 2 £6,526,218 16 2 Totals .. .. .. .. .. .. .. £4,853,074 11 3