B.—l [Pt. IV],

PUBLIC DEBT REDEMPTION FUND. Income and Expenditure Account for the Year ended 31st March, 1935. Dr. Qr To Public Debt Repayment Account: Payments £ s. d. By Interest on Public Debt Redemption Fund— £ s d from Consolidated Fund:— Public Trust.. .. 288 978 16 4 | per cent, on public debt outstanding at State Advances .. .. .. 123 989 1 11 31st March, 1934 .. .. .. 1,132,716 19 4 Discharged Soldiers Settlement Account.. 6 1 $ per cent, on public debt redeemed to 3lat. March, 1934 .. .. .. 51,044 7 4 Total income .. .. .. 653,954 4 4 ~ per cent, on public debt redeemed to Excess of expenditure over income .. 924 338 15 8 31st March, 1934 .. .. .. 357,310 11 1 3f per cent, on public debt cancelled during year .. .. .. 37,221 2 3 £1,578,293 0 0 £1,578,293 0 0 Balance-sheet as at 31st March, 1935. Liabilities. £ s. d. Assets Public Debt Redemption Fund .. .. 17,225,644 10 6 Investments— ' £ s. d. Treasury Adjustment Account .. .. 1,928,047 11 8 Public Trust Office .. .. .. 7,966,688 11 2 State Advances Office .. .. .. 3,258,955 19 4 Discharged Soldiers Settlement Account .. 6,000,000 0 0 Interest accrued — Public Trust Office .. .. .. 2,682 9 6 State Advances Office .. .. .. 25,353 9 5 Discharged Soldiers Settlement Account .. 0 7 Interest due and unpaid— State Advances Office .. .. .. 42,035 17 2 Discharged Soldiers Settlement Account .. 875,884 18 7 Cash in State Advances Account .. .. 38,026 0 9 Excess of expenditure over income .. .. 924,338 15 8 £19,153,692 22 £19,153,692 22 B. C. Ashwin, M.Com., A.R.A.N.Z. Accountant to the Treasury. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.— J. H. Fowler, Deputy Controller and Auditor-General.

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