B.—l [PT. I]

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1944, compared with the Year ended 31st March, 1943—continued

16

™ Year ended 31st March, ENDED 81BT MAEOH, RECEIPTS. 1944 £ s. d. Balances at beginning of Year, — i £ s. d. £ s. d. 66,976 0 0 Cash .. .. .. . . .. .. .. .. j .. 24,490 10 11 Investment Account— 2,500 0 0 Securities held 177,010,683 17 10 Securities issued in renewal or conversion of Loans .. .. .. .. .. 235,477,715 0 0 2,369,667 10 0 Securities issued to cover costs, charges, and expenses of conversion 250,725 0 0 Ordinary Stock issued in exchange or replacement of Death Duty Stock .. .. .. 262,260 0 0 Death Duty Stock issued in exohange for Ordinary Stock .. .. .. .. 930 0 0 61,470 0 0 Stock issued in exchange for Debentures .. .. .. .. .. .. 52,005 0 0 3,068 7 10 Amount received on account of New Zealand's share of German Reparations .. .. 4,564 0 9 650 14 2 Amount received in respect of War Expenses (1919) for redemption of securities .. .. 8 0 11 Amount received from the British Phosphate Commission for the redemption of 21,792 12 11 Nauru and Ocean Islands securities 400 0 0 Amount received from Ordinary Revenue Account for redemption of securities .. .. 159,040 0 0 Amount received from Public Works Acoount for redemption of securities .. .. 10 0 0 8 2 7 Proceeds sales of National Endowment lands .. .. .. .. .. .. 8117 1,700,000 0 0 Amount received from Land for Settlements Account for redemption of securities .. 13,104 1 9 Amount received from Housing Account for redemption of securities .. .. .. 285,000 0 0 73 19 6 Amount received for redemption of State Advances securities .. ,, .. .. 27 10 0 Amount transferred from the Samoan Loan Sinking Fund for the redemption 5,890 0 0 of securities issued in respect of Samoan Loan Suspense Account .. .. .. 6,080 0 0 5,000 0 0 Amount received from Samoan Treasury Account for redemption of securities .. .. 44,790 0 0 Amount received from State Advances Corporation in reduction of contingent 10,549 13 8 liability to be used for redemption of securities 14,324 0 0 Amount received from State Coal-mines Acoount for redemption of securities .. .. 21,052 0 0 240,509 12 3 Amount received from War Expenses Acoount for redemption of securities .. 10,216,102 14 11 Amount received from Westport Harbour Sinking Eund for redemption of securities .. 257,500 0 0 181,777,393 12 6j Totals ... .. 246,811,583 9 1