B.—l [PT. I].

PUBLIC ACCOUNTS, 1926-1 92 7.

Year ended 31st March, 1927, compared with the Year ended 31st March, 1926-continued.

33

LOANS ACT 1920 DEPRECIATION FUND ACCOUNT. 192 r 5 - 1926 - EXPEND,TURE. 5 "" 1927 - Gross. Gross. £ s. d. £ s. d. £ s. d 193 10 0 Commission, Costs, and Expenses of Purchases of Securities for Cancellation .. ., 9 16 0 Amortization of Debt,— Redemption and Cancellation of Securities in terms of Section 7 of the Discharged Soldiers Settlement Loans Act, 1920 — New Zealand Loans Act, 1908 — Discharged Soldiers Settlement Loans Act, 1920 — pfc£5£-per cent. Debentures, 1933 (nominal value, £1,400).. .. .. 1,392 7 6 Zealand Inscribed Stock Act, 1917— Discharged Soldiers Settlement Loans Act, 1920 — 5j-per-eent. Inscribed Stock, 1933 (nominal value, £560) .. .. 557 1 6 1,949 9 0 Transfer to Loans Redemption Account for Redemption and Cancellation in terms of Section 7 of the Discharged Soldiers Settlement Loans Act, 1920— 7,263 5 0 Discharged Soldiers Settlement Loans Act, 1920 New Zealand Inscribed Stock Act, 1917— 31,107 12 6 Discharged Soldiers Settlement Loans Act, 1920 38,370 17 6 Balance at end of Year,— 18,196 12 5 Cash in the Public Account .. .. .. .. .. .. 59,316 8 7 276,850 0 0 Investment Account .. .. .. .. .. .. .. 296,650 0 0 295,046 12 5 355,966 8 7 £333,610 19 11 Totals .. .. .. .. .. .. .. £357,925 13 7 ACCOUNT. £ s. d. £ a. d. £ s. d. 571,087 13 0 Expenditure under Seotion 3 of the Education Purposes Loans Aot, 1919.. .. .. 505,963 11 6 Expenditure under Section 16 of the Appropriation Act, 1926, — Land and buildings for Agricultural College .. .. .. .. .. 49,275 15 0 Charges and Expenses of raising Loans, — New Zealand Loans Act, 1908 — 59 7 6 Education Purposes Loans Aot, 1919 .. .. .. .. Eduoation Purposes Loans Act, 1919 (redemptions) .. .. . 12 10 0 23 9 3 Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/1945 I 12 10 0 82 16 9 Adjustment of Amount incorrectly credited in Financial Year 1922-23, — New Zealand Loans Act, 1908— New Zealand Consolidated Stook, 1935/45 — Education Purposes Loans Aot, 1919 - 2 22 7 Premiums .. .. .. .. .. .. .. .. .. I ° I ■ ; : ■ ■ Balance at end of Year,— 39 775 10 7 Cash in the Public Account .. .. .. .. .. .. 33,658 4 7 Imprests outstanding— 1ft 11 In the Dominion .. .. .. .. .. .. . 233 12 3 Investment Account .. .. .. .. .. .. .. 22,270 0 0 H 56,161 16 10 40,155 7 6 £611,329 9 10 Totals . .. .. .. .. .. .. £611,413 13 4 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.