B.—l [PT. I].

PUBLIC ACCOUNTS, 1937-1938.

Year ended 31st March, 1938, compared with the Year ended 31st March, 1937—continued.

25

REPAYMENT ACCOUNT. Year Year ended 31st March, i ended 31st March, | 1938 1937. EXPENDITURE. , * Net " Gross. Credits. Net. £ s. d. Securities redeemed and cancelled in terms of Seetion 13 of the £ s. d. £ s. d. £ s. d. Repayment of the Public Debt Act, 1925, — Nominal Value. New Zealand Loans Act, 1932— £ s. d. Debentures .. .. .. .. 500 0 0 .. .. 500 0 0 1,691,188 9 9 Stock .. .. .. .. 1,713,311 3 1 .. .. 1,713,311 3 1 1,713,811 3 1 1,713,811 3 1 Balance at end of Year, — 39,794 11 5 Cash* .. .. .. .. g 757 2 £1,730,983 1 2 Totals .. .. .. .. .. .. £1,719,568 7 3 LONDON ACCOUNT. £ s. d. Amounts withdrawn from Public Account, Wellington, for : £ s. d. ! £ s. d. £ s. d 1.1,349,900 0 0 remittance to New Zealand Public Account, London ... .. .. 9,928 800 0 0 £11,349,900 0 0 Totals .. .. .. .. £9,928,800 0 0 ACCOUNT. £ s. d. | Hawke's Bay Earthquake,— £ s. d. £ s. d. £ s d 2,059 8 11 | Assistance to Earthquake Sufferers .. .. .. 253 6 3 .. 253 6 3 3,000 0 0 ; Transfer to State Advances Account .. .. .. 2,850 0 0 .. 2 850 0 0 118 8 11 Administration Expenses .. . . .. .. 115 7 3 1.21 3 4 Or. ' 5 16 I 6,177 17 10 3,218 13 6 121 3 4 3,097 10 2 Balances at end of Year, — 5,627 4 3 Cash* .. .. .. .. .. 865,178 9 0 Investment Account— 357,897 0 10 Securities held .. .. .. _ 375 q jq £368,702 2 11 Totals £1,244,173 0 0 * This includes 'Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.