B.—l [PT. I] .

PUBLIC ACCOUNTS, 19 3 6-1 937.

ELECTRIC SUPPLY ACCOUNT.

3_B. l [PT. 11.

17

Year Year ended 31st March, ended 31st March, | I 1937 1936. EXPENDITURE. * Gross. Credits. Net. £ s. d. Annual Appropriation,— £ s. d. £ s. d. £ s. d. 529,075 0 4 Vote—Development of Water-power .. .. .. 789,804 18 3 26,029 15 8 # 763,775 2 7 Finance Act, 1932 (No. 2), Section 5 (2), — Transfer to the Consolidated Fund in respect of Interest 560,002 0 9 payable on Capita] Liability .. .. .. .. .. .. 530,119 15 2 New Zealand Loans Act, 1932, Section 24 (2), — Recoupment to Consolidated Fund of Management Charges of 2,807 13 11 New Zealand Government securities .. .. .. .. .. 4,388 11 11 New Zealand Loans Act, 1932, Section 62 (4), — Recoupment of Stamp Duty on Transfers — 240 2 1 New Zealand Consolidated Stock, 1935-45 90 6 9 New Zealand Consolidated Stock, 1956-71 .. .. .. .. 126 8 0 330 8 10 New Zealand Loans Act, 1932, Section 15 (3), — Premiums on Conversion .. .. .. .. .. .. 37 6 4 Southland Electric-power Supply Act, 1936, Section 3, — Finance Act, 1932, Section 55— Exchange on remittances beyond New Zealand .. .. .. .. 380,112 7 2 Southland Electric-power Supply Act, 1936, Section 3, — Southland Electric-power Board Debentures repaid .. . . .. 1,500,000 0 0 Southland Electric-power Board advances repaid ,. .. .. .. 51,479 0 3 New Zealand Loans Act, 1932, — 1,551,479 0 3 Southland Electric-power Supply Act, 1936, Section 10 — _ Treasury Bills redeemed (including redemptions by renewal) .. .. 3,060,000 0 0 New Zealand Loans Act, 1932, Section 61, — Charges and Expenses of raising Loans— 913 5 10 Issues in renewal and conversion .. .. .. .. .. 892 10 7 Finance Act, 1932, Section 55 — Exchange on remittances beyond New Zealand .. .. .. 8 6 3 Amortization of Debt, — 900 16 10 Transfer to Electric Supply Sinking Fund Account in terms of Section 12 of the State Supply of Electrical Energy Act, 1917— 16,669 10 1 South Island Scheme * I Balances at end of Year, — 39,501 13 2 Cash* .. .. .. .. .. .. .. 140,630 12 7 3,101 17 4 Imprests outstanding .. .. .. .. .. .. 3,003 0 7 143,633 13 2 42,603 10 6 Investment Account— 175,000 0 0 Securities held £1,327,401 10 3 Totals .. .. .. .. .. .. £6,434,573 1 5 SINKING FUND ACCOUNT. £ s. d. i Finance Act, 1928, Section 23 (1), — £ s. d. £ s. d. £ s. d. New Zealand Loans Act, 1932, Section 58 — Securities redeemed at maturity,— 800 0 0 Stock .. .. .. .. .. .. .. 1 .. j 3,400 0 0 Debentures . . .. .. .. .. . . | . . ]., 269 8 4 4,669 8 4 . I Balance at end of Year, — 17,555 5 1 Cash* .. .. .. .. .. .. .. .. 13,429 15 1 £18,355 5 1 Totals .. .. .. .. .. .. £18,099 3 5 Year ended 31st March, 1937, compared with the Year ended 31st March, 1936. ZEALAND SHARES ACCOUNT. I ■ r " ! £ s. d. Finance Act, 1926, Section 8 (3), — £ s. d. , £ s. d. £ s. d. Transfer to Ordinary Revenue Account of Dividends received 164,062 10 0 in terms of the Bank of New Zealand Act, 1926, Section 13 I .. .. 164,062 10 0 Balance at end of Year, — Investment Account— j 1,859,375 0 0 Securities held .. .. .. .. .. .. .. 1,859,375 0 0 £2,023,437 10 0 Totals .. .. .. .. .. .. £2,023,437 10 0 * This includes Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.