B.—l [PT. I]

Year ended 31st March, 1944, compared with the Year ended 31st March, 1943—continued

21

REPAYMENT ACCOUNT Year Yeah ended sxbt March, ENDED 31BT MARCH, 1944. 1943. EXPENDITURE, Net* Gross. Credits. Net. £ s. d. Securities redeemed and cancelled in terms of Section 13 of the £ s. d. Repayment of the Public Debt Act, 1925, — Nominal Value. New Zealand Loans Act, 1932— £ s. d. 550 0 0 Debentures .. .. .. .. 100 0 0 .. .. 100 0 0 2,557 725 0 0 Stock .. .. .. .. 2,317,775 0 0 .. .. 2,317,775 0 0 50,770 0 0 Death duty Stock .. .. .. 102,605 0 0 .. .. 102,605 0' 0 ' 2,609,045 0 0 2,420,480 0 0 2,420,480 0 0 Balance at end of Year, — 276,278 5 4 Cash .. .. .. .. .. .. .. .. 909,312 10 5 £2,885,323 5 4 Totals .. .. .. .. .. .. £3,329,792 10 5 LONDON ACCOUNT £ s. d. Amounts withdrawn from Public Account, Wellington, for £ s. d. 28,122,500 0 0 remittance to New Zealand Public Account, London .. .. .. 29,960,837 19 9 £28,122,500 0 0 Totals .. .. .. .. .. .. £29,960,837 19 9 ACCOUNT £ s. d. Hawke's Bay Earthquake,— £ s. d. £ s. d. £ s. d. Gr. 122 12 10 Administration Expenses .. .. .. .. 42 18 5 147 9 8 Gr. 104 11 3 Balances at end of Year, — 81,594 19 11 Cash .. .. .. .. .. .. ... .. 31,037 11 4 tv Investment Account— 1,403,410 15 11 Securities held .. .. .. .. ... .. 1,615,692 1 5 £1,484,883 3 0 Totals .. .. .. .. .. .. £1,646,625 1 6