B. 1— [Pt. 11.

PUBLIC ACCOUNTS, 1 926-1 927.

STATEMENT of the RECEIPIS and EXPENDITURE of SEPARATE ACCOUNT

28

CONVERSION '1 i 1925-1926. RECEIPTS. 1926-1927. , . — £ s. d. Balanoe at beginning of Year, — £ s. d £ s. d. 5,982 18 4 Cash in the Public Acoount .. .. .. .. .. .. .. * Advances in the hands of Stock Agents — 90 16 10 Cash 6,073 15 2 Adjustment of Amount erroneously debited in 1925-26, —• Amortization of Debt— Transfer to Loans Redemption Account for Redemption and Cancellation in terms of Section 24, Finance Act, 1921-22, of securities raised to cover expenses of conversions— New Zealand Loans Act, 1908 — New Zealand Consolidated Stock, 1929 .. .. .. .. .. 31 5 2 £6,073 15 2 Totals .. .. .. .. .. .. .. £31 5 2 DETERIORATED £ s. d. £ s. d. £ s. d. Balance at beginning of Year, — Cash in the Public Account .. .. .. .. .. .. .. 1,727 10 1 . New Zealand Loans Act, 1908, —■ Deteriorated Lands Act, 1925— 2,000 0 0 Debentures issued .. .. .. .. .. .. .. .. 10,000 0 0 £2,000 0 0 Totals .. .. .. 11,727 10 1 DISCHARGED SOLDIERS £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 6,388 16 9 Cash in the Publio 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 I 126,273 12 5 178,010 15 6 i Credits-in-Aid, — 1,715 13 0 Vote —Expenses of Management .. .. .. .. .. .. .. 15 0 ' Credits in reduction of Expenditure under Section 9 of the Discharged Soldiers 25,943 0 6 | Settlement Act, 1915 .. .. .. .. .. .. .. J .. 9,924 15 7 ■ 205,669 9 0 Carried forward .. .. .. .. .. .. 136,199 13 0 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) 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 81.