B.- 1 [PT. I].

PUBLIC ACCOUNTS, 1937-1 9 3 8.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

28

STATE COAL-MINES SINKING . Year j Year ended 31st March ended 31st March, RECEIPTS. j 1938. 1937. ■ i £ s. d. Balance at beginning of Year.— £ s. d. £ s. d. 8,821 8 4 Cash .. 9,18112 1 Finance Act, 1928, Section 22, — Transfer from State Coal-mines Account — Subsection (1) —2 per cent, of amount of Loans raised to 31st March, 1938, less 4,122 0 5 amount redeemed otherwise than from the Sinking Fund .. .. j 4,122 0 5 Subsection (3) —4 per cent, of amount redeemed from Sinking Fund to 31st 4,754 6 2 March, 1937 .. .. .. •• •• •• 5,107 2 2 Subsection (3) —4 per cent, of amount redeemed from Sinking Fund during the 302 10 9 Current Year .. .. .. .. .. . ■ • • 294 15 4 9,523 17 11 9,178 17 4 16 5 Interest on Investments £18,001 12 1 Totals . . . . . . .. .. • • • ■ £18,705 10 0 STATE FORESTS £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 13,991 14 2 Cash .. .. .. .. •• •• •• •• 45,352 5 0 573 12 6 Imprests outstanding 45,352 5 0 14,565 6 8 New Zealand Loans Act, 1932, — Forests Act, 1921-22— Finance Act, 1930 (No. 2), Section 5 — j 136,000 0 0 Stock issued .. .. .. ■■ •• •• •• -• | 200,000 0 0 Public Revenues Act, 1926, Section 40, — 20,000 0 0 Temporary Transfer from other Accounts .. 603 19 2 Recoveries on account of Expenditure of previous Years .. .. .. .. 128 11 4 | « 7,097 8 11 Receipts from Nurseries and Plantations .. .. .. .. .. •• 8,557 18 2 2,066 14 4 Miscellaneous Receipts .. .. .. ... •• •• 3,164 3 8 I 79,456 2 9 Receipts from Indigenous Forests .. .. .. ... •• •• •• 82,800 16 6 43,582 15 8 Receipts from National Endowment Indigenous Forests .. .. .. .. 49,532 2 7 Deduction for Administration Expenses in respect of Lands administered by the 1,560 6 7 State Forest Service .. .. .. •• •• •• •• 1,213 18 0 26 19 8 Interest on Investments £304,959 13 9 Totals . ■ ■ ■ • • • • • - £390,749 15 3