B. —1 [PT.I] .

PUBLIC ACCOUNTS, 1938- 1 939.

Year ended 31st March, 1939, compared with the Year ended 31st March, 1938 —continued.

21

REPAYMENT ACCOUNT. Year Yeak ended 31si March, ended 31st March, | 1939 1938. EXPENDITURE. Net " Gross. Credits. Net. £ s. d. Securities redeemed and cancelled in terms of Section 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. 500 0 0 Debentures 1,713,311 3 1 Stock .. .. .. .. 1,756,617 11 7 .. .. 1,756,617 11 7 1,713,811 3 1 1,756,617 11 7 Balance at end of Year, — 5,757 4 2 Cash* .. .. .. .. .. .. .. .. 3,262 17 3 £1,719,568 7 3 Totals .. .. .. .. .. .. £1,759,880 8 10 LONDON ACCOUNT. £ s. d. Amounts withdrawn from Public Account, Wellington, for £ s. d. £ s. d. £ s. d. 9,928,800 0 0 remittance to New Zealand Public Account, London ... .. .. 9,031,300 0 0 I £9,928,800 0 0 Totals .. .. .. .. .. .. £9,031,300 0 0 ACCOUNT. 1 £ s. d. Hawke's Bay Earthquake,— £ s. d. £ s. d. £ s. d. 253 6 3 Assistance to Earthquake Sufferers .. .. .. 500 0 0 .. 500 0 0 2,850 0 0 Transfer to State Advances Account Or. 5 16 1 Administration Expenses .. .. .. .. 45 6 11 163 9 5 (Jr. 118 2 6 3,097 10 2 545 6 11 163 9 5 381 17 6 Balances at end of Year, — 865,178 9 0 Cash* .. .. .. .. .. .. .. .. 31,597 4 6 Investment Acoount— 375,897 0 10 Securities held .. .. .. .. .. .. .. 1,240,897 0 10 £1,244,173 0 0 Totals .. .. .. .. .. .. £1,272,876 2 10 * This includes Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.