B.—l [PT. I].

PUBLIC ACCOUNTS, 19 3 9-1940.

Year ended 31st March, 1940, compared with the Year ended 31st March, 1939 —continued.

13

ACCOUNT. y EAU Year ended 81st March, ended aisT March, 1940. 1939. EXPENDITURE. Gross. Credits. Ket. £ s. d. Annual Appropriation,— .£ s. d. £ s. d. £ s. d. 1,337,784 8 9 Vote—Development of Water-power .. .. .. 1,485,511 6 3 59,793 0 4 1,425,718 5 11 I 544,207 18 7 Interest and other charges on Loans and Capital Liability ..J .. .. 552,666 7 8 Public Revenues Act, 1926, Section 40,— Temporary Transfers from other Accounts repaid .. .. .. .. 210,000 0 0 179,641 7 2 Transfer to Electric Supply Sinking Fund Account .. .. .. .. 585,130 14 8 Balances at end of Year, — 7,000 5 9 Cash* .. .. .. .. .. .. .. 50,887 1 2 8,926 5 2 Imprests outstanding .. 50,887 1 2 15,926 10 11 £2,077,560 5 5 Totals .. .. .. .. .. .. £2,824,402 9 5 SINKING FUND ACCOUNT. £ s. d. £ s. d. £ s. d. £ s. d. Securities redeemed at maturity,— 1,000 0 0 Stock Death Duty Stock .. .. .. .. .. .. .. 10,195 0 0 10,195 0 0 Securities redeemed before maturity,— 180,000 0 0 Stock .. .. .. .. .. .. .. .. 560,788 9 11 Advances to Southland Electric-power Board repaid .. .. .. .. 12,000 0 0 Balances at end of Year, — 2,115 2 3 Cash* .. .. .. .. .. .. .. .. 7,648 0 2 Investment Account, —• 8,206 0 0 Securities held .. .. .. . . .. .. .. 5,000 0 0 £191,321 2 3 Totals .. .. .. .. .. .. £595,631 10 1 Year ended 31st March, 1940, compared with the Year ended 31st Mabcil, 1939. ZEALAND SHARES ACCOUNT. j : | ' ~ ~ . ~ £ s. d. Finance Aot, 1926, Section 8 (3), — j £ s. d. £ s. d. £ s. d Transfer to Ordinary Revenue Account of Dividends received j * 164;O02 10 0 in terms Of the Bank of New Zealand Act, 1926, Section 13 j .. .. 164,062 10 0 Balance at end of Year, — Investment Account— 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.