B—l [Pt. I]

STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE

42

MAIN HIGHWAYS RECEIPTS Balance at beginning of year — Cash Transfers from National Development Loans Account Amount transferred from the Consolidated Fund Interest on moneys expended on purchase of plant supplied to local authorities Amounts received from local authorities in respect of advances— Repayment-of advances Interest Miscellaneous receipts Totals £ s. d. 8,356 5 2 931 16 6 £ s. d. 4,967 14 0 100,000 0 0 2,174,628 10 4 731 12 2 9,288 1 8 173,293 12 6 £2,462,909 10 8 NATIONAL DEVELOPMENT Balance at beginning of year — Cash ' .. New Zealand Loans Act, 1932— National Development Loans Act, 1941, section 3— Stock issued .. .. .. £ s. d. £ s. d, 15,000 0 0 12,980,000 0 0 Totals .. .. .. .. .. .. ! 1 £12,995,000 0 0 PUBLIC DEBT Balance at beginning of year —- Cash .. .. .. Repayment of the Public Debt Act, 1925, section 11— Transfers from the Consolidated Fund in respect of the Public Debt within the meaning of the Act—Subsection (a), being one-half of 1 per cent, of the amount of the public debt outstanding at 31st March, 1945 .. Subsection (a), being one-half of 1 per cent, of the amount of the public debt redeemed to 31st March, 1945 . Subsection (b), being 3£ per cent, of the amount of the public debt redeemed to 31st March, 1945 Totals .. £ s. d. 2,580,503 2 0 166,710 2 2 1,166,970 15 0 £ s. d. 520,670 11 6 3,914,183 19 2 1 £4,434,854 10 8 /