B—7 [PT. I]

DETAILS OF ESTIMATES TOR THE

PERMANENT APPROPRIATIONS—continued

DEBT SERVICES

10

1946-47. 1945-46. •: - Estimated. Expended. Interest— • - Interest in New Zealand currency on loans domiciled in London .. .. .. Interest on loans domiciled in Australia . . Interest on loans domiciled in New Zealand Interest on floating debt £ 6,270,563 46,960 12,241,193* ■ - 550,000 £ 8,133,773 46,960 10,632,347 680,000 £ 7,045,511 46,960" 10,794,268 697,695 Total interestC&s, shown in detail in B-l [Pt. I] .. 19,108,716 19,493,080 \ '.Less Interest suspended in terms of agreement with Imperial Government 1,609,152 1,609,152 Interest on anticipated new issues 17,499,564 - 563,400 17,883,928 591,332 Less interest on anticipated redemptions during 1946-47 18,062,964 134,800 18,475,260 222,284 Total interest payable Debt Repayment— Repayment of the Public Debt Act, 1925 .. 17,928,164 4,048,499 18,252,976 3,914,184 1-8,584,434 3,914,184 Public Revenues Act, 1926 (Section 135 (4)) — Amount transferred to Loans Redemption Account for redemption of Securities 200,000 25,000 50,000 New Zealand Loans Act, 1932 (Section 62) — Stamp duty on transfers of New Zealand Consolidated Stock .. .. .. " .. 10,000 5,000 703 New Zealand Loans Act, 1932 (Section 61) — Charges and expenses of raising, paying off, or renewing securities to be charged to or paid out of Ordinary Revenue Account of Consolidated Fund 140,000 150,000 172,791 New Zealand Loans Act, 1932 — Charges and expenses of management of New Zealand Government Securities 75,000 75,000 74,266 TOTAL—DEBT SERVICES 22,401,663 22,422,160 22,796,378