103

B.—l [PT. IY].

WAR EXPENSES ACCOUNT. Income and Expenditure Account for the Year ended 31st March, 1925. Expenditure. £ s. d. Income. £ s. d. To Advertising, office expenses, printing and By Equipment Account .. .. .. 1,900 19 3 stationery .. .. .. .. 2,014 0 5 Transport Account .. .. .. 9,469 13 0 Clerical assistance (New Zealand and London) 4,632 16 1 Recoveries on account expenditure previous Educational and vocational training .. 94 8 11 years .. .. .. .. 415 13 1 Medals and decorations .. .. .. 242 0 1 Discount on loans redeemed from War Medical treatment of service patients and Expenses Account .. .. .. 254 2 6 expenses incidental thereto .. .. 114,803 3 1 Discount on loans redeemed from Sinking Pay and allowances (soldiers'accounts) .. 90 16 7 Eund .. .. .. .. 5,762 1 2 Postage, telegrams, telephones, &e. .. 285 14 6 Excess of expenditure over income (carried Travelling allowances and expenses .. 4 10 down) .. .. .. .. 137,707 16 6 War gratuities .. .. .. .. 301 13 6 War graves and memorials . .. .. 31,868 12 5 Depreciation on buildings, furniture, Sc. .. 248 011 Charges and expenses of raising loans .. 924 18 0 £155,510 5 6 £155,510 5 6 £ s. d. £ s. d. £ s. d. To Excess of expenditure over income (brought By Interest received on investdown) .. .. .. .. 137,707 .16 6 ments for year ended 31st Interest paid on war loans March, 1925 .. .. 13,589 7 5 for year ended 31st £ s. d. Less accrued interest at 31st March, 1925 .. .. 3,679,351 8 5 March, 1924, credited last Less accrued and unpaid year .. .. ..11,244 5 8 interest ait 31st March, — 1924 debited last year.. 1,196,031 2 2 2,345 1 9 Plus accrued interest at 31st 2,483,320 6 3 March, 1925 .. .. 970 1 2 Plus accrued interest at 3,315 2 11 31st March, 1925 .. 1,154,286 11 10 Discount on Treasury bills Plus interest due but un- paid in advance . . 1,338 5 5 paid at 31st March, 1925 23,888 8 8 Less credited last year .. 1,200 15 5 3,661,495 6 9 137 10 0 Contributions to Sinking fund from Con- Withdrawal from Sinking Fund applied to solidated Eund for year ended 31st March, reduction of war loans .. .. 514,627 0 0 1925 .. .. .. .. 514,627 0 0 Repatriation Department-—Proportion of interest on war-loan moneys for year ended 31st March, 1925 .. .. 50,461 16 7 Excess of expenditure over income (including interest, &e.) .. .. .. 3,745,288 13 9 £4,313,830 3 3 £4,313,830 3 3 Balance-sheet as at 31st March, 1925. Liabilities. Assets. £ s. d. War-loan capital (including £ s. d. £ s. d. Cash in Treasury Loans Redemption Account 66,463 1 2 securities issued to cover Cash in Public Account .. .. .. 962 0 8 expenses of raising loans) Imprest outstanding .. ... .. 822 13 8 as at Ist April, 1924 .. 77,434,183 16 7 . Investment Account .. .. .. 6,695 3 2 Add adjustment for 1922-23 Investment on account of £ s. d. redemptions .. .. 0 7 11 Sinking Eund (see contra) 5,613,561 10 5 Less withdrawals for re--77,434,184 4 6 demptions .. .. 714,627 0 0 Less loans redeemed during 4,898,934 10 5 1924-25 .. .. 802,462 10 6 Sundry debtors (interest) .. .. 970 1 2 76,631,721 14 0 Sundry debtors (departmental) .. .. 347 910 Contributions, &c., received Discount on Treasury bills paid in advance 1,338 5 5 towards war funds .. 175,173 18 3 Ordnance and Equipment Account (Disposal Less amounts refunded and Depot) .. .. .. .. 18,065 5 6 transferred .. .. 3,274 13 9 Repatriation Department (Advances Account) 1,121,374 1 6 171,899 4 6 Assets in Suspense Account (see contra) — Pay-warrants issued .. 19,400 0 0 Assets transferred and losses incurred, Less pay-warrants redeemed 19,361 10 0 audited and written off, but awaiting 38 10 0 sanction of Parliament, as under :— Remittance received for Motor - vehicles trans- £ s. d. transmission to and from ferred to Post and soldiers .. .. 469,682 II 3 Telegraph DepartLess remittances paid .. 469,682 11 3 ment .. .. 21,702 4 5 .. Losses on sales of surplus Sinking Eund (see contra) 5,613,561 10 5 articles through variLess withdrawals for re- ous causes .. 295 8 10 demptions .. .. 714,627 0 0 — 21,997 13 3 4,898,934 10 5 Excess of expenditure over Sundry creditors (miscel- income— laneousj .. .. .. 4,508 17 5 Balance, 31st March, Sundry creditors (interest) .. 1,178,175 0 6 1924 .. .. 103,407,903 17 4 Writings-oil Suspense Ac- For year ended 31st count (see contra) .. .. 21,997 13 3 March, 1925, as per Treasury Consoidated Fund account .. .. 3,745,288 13 9 Account (interest, &c.) 31,443,371 13 10 — Less Treasury Interdepart- 107,153,192 11 1 mental Account .. 1,566,484 7 I Less recovery from Ger29,876,887 6 9 many for Army of Occupation . . 507,000 0 0 106,646,192 11 1 £112,784,162 16 10 £112,784,162 16 10 L. C. Forgie, Officer in Charge, War Expenses. I hereby certify that the Income and Expenditure Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—G. F. C. Campbell, Controller and Auditor-General.