8.--1 [PT. I].

PUBLIC ACCOUNTS, 1925-1926.

for the Year ended 31st March, 1926, compared with the Year ended 31st March, 1925—continued.

23

ACCOUNT. 1924-1925. EXPENDITURE. 1 9 25-1928. Gross. Gross. £ s. d. Amortization of Debt, — £ s. d. £ a. d. Transfer to Loans Redemption Account for Redemption and Cancellation, in terms of Section 24 of the Finance Act, 1921-22, of Securities raised to cover Expenses of Conversions, — New Zealand Loans Act, 1908 — New Zealand Consolidated Stock, 1929.. .. .. .. .. 6,073 15 2 lialauoe at end of Year, — 5,982 18 4 Cash in the Public Account Advances in the hands of Stock Agents— 90 16 10 Cash .. £6,073 15 2 Totals .. .. .. .. .. .. £6,073 15 2 LANDS ACCOUNT. £ s. d. £ s. d. £ s. d. Expenditure under Section 12, Subsection 1 (d) of the Deteriorated Lands Act, 1925 .. 272 9 11 Balance at end of Year, — Cash in the Public Account .. .. .. .. .. .. .. 1,727 10 1 Totals .. .. .. .. •• •• •• 2,000 0 0 SETTLEMENT ACCOUNT. £ s. d. Annual Appropriation,— £ s. d. £ s. d. 77,462 12 0 Vote —Expenses of Management .. .. .. .. .. .. 44,526 1 6 Unauthorized Expenditure,— Services not provided for .. .. .. .. .. .. .. 80 0 0 , 44,606 1 6 25,642 4 5 Expenditure under Section 9 of the Discharged Soldiers Settlement Act, 1915 .. .. 26,365 1 11 717,339 15 0 Advances made under Sections 6 and 9 of the Discharged Soldiers Settlement Act, 1915 .. 727,093 12 11 Interest on Transfers from the Consolidated Eund, — 500,000 0 0 Discharged Soldiers Settlement Loans Act, 1920, Section 8, Subsection (3) .. 500,000 0 0 40,000 0 0 Appropriation Act, 1920, Section 31, Subsection (3), (Discharged Soldiers) .. 40,000 0 0 540,000 0 0 540,000 0 0 — Recoupments under the Finance Act, 1919, Section 4, — 338,048 15 11 Interest .. .. .. .. .. .. .. . ■ 340,690 16 2 11,705 9 6 Sinking Fund 340,690 16 2 349,754 5 5 3 3 11 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 39 10 0 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/1945, — Discharged Soldiers Settlement Loans Act, 1920 .. .. .. . - .. 106 19 5 Amortization of Debt, — Transfer to Loans Redemption Account for Redemption, in terms of Section 5, Subsection (3), of the Discharged Soldiers Settlement Loans Act, 1920, of matured Death-duty Stock as under— New Zealand Loans Act, 1908 — New Zealand Inscribed Stock Act ; 1917 —• 4,100 0 0 Discharged Soldiers Settlement Loans Act, 1920 .. .. .. .. 13,250 0 0 Adjustment of Amount erroneously credited in 1922-23,— New Zealand Loans Act, 1908 — New Zealand Consolidated Stock, 1935/1945 — Discharged Soldiers Settlement Loans Act, 1920 — Premiums • • .. .. .. .. .. .. .. 1 16 3 Charges and Expenses of raising Loans, —■ New Zealand Loans Act, 190S,— Discharged Soldiers Settlement Loans Act, 1920— Redemptions .. .. .. .. .. .. . . 30 18 0 1,500 0 0 Finance Act, 1918, No. 2, Section 31 (Discharged Soldiers Settlement) .. 1,700 0 0 Discharged Soldiers Settlement Loans Act, 1920— 103 8 8 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/1945 .. 11 14 8 — 1,742 12 8 1,603 8 8 Balance at end of Year, — 6,388 16 9 Cash in the Public Account .. .. .. .. .. .. 15,169 19 4 Imprests outstanding— 12,361 18 9 In the Dominion .. .. .. .. .. .. .. 11,284 12 4 159,260 0 0 Investment Account .. .. .. .. .. .. .. 99,819 0 9 126,273 12 5 178,010 15 6 £1,893,916 4 11 Totals .. ., .. .. .. .. .. £1,820,170 3 3 Note. —In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 69.