8.—7 [PT. I].

DETAILS OF ESTIMATES FOR THE

PERMANENT CHARGES.-DEBT SERVICES—INTEREST—continued. New Zealand Loans Act, 1932—continued.

Interest 011 Floating Debt .. .. ~ .. .. ~ sgo 700 Interest on New Issues .. .. .. .. .. _ _ 530*375 11,510,756 Recoveries— £ Nauru and Ocean Islands Account .. .. .. 9 954 Electric Supply Account .. .. .. .. 543 028 Land for Settlements Account .. .. .. 414 214 Main Highways Account .. ~ ~ .. 303 229 State Goal-mines Account .. .. .. 5 555 Housing Account .. .. .. 219'000 . , „ 1,494,980 Amount received from interest on State Advances Corporation stock and contingent liability .. .. .. .. .. .. 1 496 169 — 2,991,149 NET INTEREST CHARGEABLE TO THE CONSOLIDATED FUND, 1940-41 .. £8,519,607

Summary.

PERMANENT CHARGES.—DEBT SERVICES—AMORTIZATION.

8

Principal. Maturity Date. ! Half-yearly due Dates of Interest. Interest: I Gross Amount. £ j £ Brought forward .... .. 10 260 170 1,261,400 SJ | 15 September. 1958 .. .. 15 September and 15 March .. ~44,'l49 1,170,246 .j 15 March, 1959 .. .. 15 September and 15 March .. 35 107 1,572,260 3| 15 March, 1959 .. .. .. 15 September and 15 March .. 55,'o29 630,640 4 15 March, 1959 .. .. .. 15 September and 15 March .. 25^226

1940-11. 1939-40. Gross Amount. , -Recoverable. j Not Amount. Estimated. Expended. £ £ £ £ £ 11,510,756 2,991,149 8,519,607 8,036,380 | 7,982,505 .. £»' ]_ |

1940-41. 1939-40. Authorizing Act. Principal. 0 ros3 Amount. Recoverable. ! Net Estimate. Estimated. Expended. Sinking Funds— £ £ £ £ £ Finance Act, 1928 (Section 13) — Westport Harbour Act, 1920 — Westport Harbour Board Act, 1884. and 114,250 8 859 Loan Acts, 1896, 1897, and 1900 Westport Harbour Board Loan Act, 200,000 2 000 1908 1 614,250 10,859 .. 10,859 10,859 10,859 Debt Repayment— Repayment of the Public Debt Act, 1925 .. 2,077,225 .. 2,077,225 1,907,144 1,892,378 Public Revenues Act, 1926 (Section 135 (4)) — Amount transferred to Loans Redemption Account for redemption of Securities .. .. 2,000 .. 2 000 2 000 252 331 Amount transferred to the Loans Redemp- ' ' ' tion Account for the Redemption of Main Highways Loans representing proportion of the interest on the balance of the Loans Redemption Account earned by moneys held in that Account for the redemption of main highways Loans .. .. .. 2,566 .. 2,566 TOTALS .. 2,092,650 2,092,650 1,920,003 2,155,568