ACCOUNTS RELATING TO THE PUBLIC DEBT— continued. GENERAL BALANCE-SHEET AND SUMMARY OF TRANSACTIONS— continued.

4- B. I [PT. lII].

B.—l [Pt. Ill]

PUBLIC ACCOUNTS, 1 924-1 925.

X ». u. Gross debt, 31st March, 1925 .. .. .. .. .. 227,814,646 10 11 Less sinking funds accrued .. .. .. .. . 13,462,838 19 0 £214,351,807 1] 11

25

Balances ox 31st March, 1924. Transactions, 1924-1925. Balances on 31st March, 1925. Authorizing Act. f ; Dr. Cr. Dr. I Cr. ! Dr. Cr. _ __ J ! 1_ I £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Brought forward .. .. .. .. 448,590 0 0 .. 1,132,102 0 0 1,190,172 0 Oj 390,520 0 0 DEPARTMENTAL DEBT ACCOUNT —continued. Inscribed Stock Account —continued. - Discharged Soldiers Settlement Account Investment Account, — New Zealand Inscribed Stock Act, 1917 Aid to Public Works and Land Settlement Act, 1914 .. .. .. 60,850 0 0 60,850 0 0 War Purposes Loan Act, 1917 .. .. .. .. .. I 20,000 0 0 | 20,000 0 0 General Purposes Relief Account Investment Account, — New Zealand Inscribed Stock Act, 1917 — Finance Act, 1919 (Section 5), (Public Works) .. .. 3,500 0 0 .. 3,500 0 0 Land Assurance Fund Account Investment Account, — New Zealand Inscribed Stock Act, 1917 — War Purposes Loan Act, 1917 .. .. .. .. 55,890 0 0 .. .. 55,890 0 0; Land for Settlements Account Investment Account, — New Zealand Consolidated Stock, 1929 .. .. .. .. . . 100,000 0 0 100,000 0 0,: National Endowment Account Investment Account, — New Zealand Inscribed Stock Act, 1917 — Finance Act, 1919 (Section 5), (Public Works) .. .. .. • 1,600 0 0 .. , 1,600 0 0 State Advances Loan Account Investment Account, — New Zealand Consolidated Stock, 1929 .. .. .. .. .. 200,000 0 0 200,000 0 0 .. PrEuc Account Cash Balance Investment Account — New Zealand Consolidated Stock, 1929.. .. .. .. .. 250,000 0 0 250,000 0 0 i Totals .. .. .. .. .. 507,980 0 0 .. : 1,764,552 0 0 1,880,412 0 0 392,120 0 0 i : l: __ !— 1 ' '•— ■-— — — SUMMARY OF BALANCES OF PUBLIC DEBT ACCOUNTS ON 31st MARCH, 1925. Balances Dr. , Balances Cr. .. , i s. d. t s. d. Public Debt Account .. .. .. .. .. .. 209,420,577 19 0 Debentures and Scrip Account .. .. .. .. .. 71,331,264 10 1 State Advances Debt Account .. .. .. .. .. 12,641,793 11 11 Stock Certificate Account .. 11,100 0 0 Departmental Debt Account — £ 8. d. Inscribed Stock Account.. .. .. .. .. .. 127,369,471 1 1 Debentures Account.. .. .. .. 5,355,155 0 0 Deed Security Account .. .. .. .. .. .. 212,500 0 0 State Advances Debentures Account .. 5,000 0 0 Treasury Bills Account .. .. .. .. .. 2,300,000 0 0 Inscribed Stock Account .. .. .. 392,120 0 0 Funded Debt Account .. 26,590,310 19 9 — 5,752,275 0 0* Total Debt .. .. .. .. £227,814,646 10 11 Total Securities outstanding .. .. £227,814,646 10 11 J s , t * This amount represents Government securities held as investments by the Public Account, and is not actually due to the public. It does not include securities held by accounts outside the .Public Account, as these represent debt indirectly due to the publ c. £ s. d.