63

B.—l IPT. I] .

PUBLIC ACCOUNTS, 1929-1930.

Year ended 31st March, 1930, compared with the Year ended 31st March, 1929—continued.

LOAN ACCOUNT —continued. 1928-1929. 1929-1930. r „„„ EXPENDITURE. _ Gross. Gross. I i £ a. d. £ s. d. £ s. d. 2,882,719 4 9 Brought forward .. .. .. .. .. .. 4,345,364 18 11 Rural Advances Act, 1926, — Proceeds of Bonds issued — 359,100 0 0 Adjustment of amounts erroneously credited in 1927-28 Accounts Balance at end of Year, — Cash — 978,890 0 0 Advances to Settlers Branch .. .. .. .. .. .. 311 0 0 200,130 4 6 Advances to Workers Branch 2,855 0 0 Rural Advances Branch .. .. .. .. .. .. 100,085 12 6 — 100,396 12 6 1,181,875 4 6 £4,423,694 9 3 Totals .. .. .. .. .. .. .. £4,445,761 11 5 MINES ACCOUNT. £ ,i. d. Annual Appropriation,— £ s. d. £ s. d. 282,584 5 2 Vote—State Coal-mines .. .. .. .. .. .. .. .. 297,583 8 4 Public Revenues Act, 1926, Section 139, —■ 9,101 19 2 Interest recouped to the Consolidated Fund .. .. .. .. .. 7,705 19 10 N.Z. Loans Act, 1908, Section 26, — 7 17 3 Recoupment of Management Charges of Consolidated Stock .. .. .. .. 23 10 3 Amortization of Debt, — Finance Act, 1928, Section 22—■ Transfer to State Coal-mines Sinking Fund Account —- Subsection (1) —2 per cent, of Amount of Loans raised to 31st March, 1930, 4,552 0 5 less amount redeemed otherwise than from the Sinking Fund .. .. 4,552 0 5 Subsection (3) —4 per cent, of amount redeemed to 31st March, 1929 .. 2,600 0 0 Subsection (3) —4 per cent, of amount redeemed from Sinking Fund during 21 7 5 the current Year .. .. .. .. .. .. .. 168 12 7 7,320 13 0 4,573 7 10 • Balance at end of Year, — 5,671 16 6 Cash .. .. .. .. .. .. .. .. .. 7,725 13 0 Imprests outstanding—■ j 0 4 9 In London .. .. .. .. .. .. .. .. 531 0 0 Investment Account— 32,800 0 0 Securities held .. .. .. .. .. .. .. 50,800 0 0 59,056 13 0* 38,472 1 3 £334,739 10 8 Totals .. .. .. .. .. .. .. £371,690 4 5 * For explanatory statement see page 73. SINKING FUND ACCOUNT. £ s. d. Securities redeemed and cancelled in terms of the Finance Act, 1928, Section 22 (2), — £ s. d. £ s. d. Debentures cancelled before Maturity— 65,000 0 0 Coal-mines Act, 1925 (to mature 1st April, 1934) .. .. .. .. 4,800 0 0 Securities redeemed at MaturityNew Zealand Consolidated Stock, 1929 — Coal-mines Act, 1925 (matured 1st November, 1929) .. .. .. 517 13 11 — — 5,317 13 11 Balance at end of Year, — 4,604 4 7 Cash .. .. .. .. .. .. .. .. .. 344 10 11 Investment Account— 250 0 0 Securities held . . .. .. .. .. .. .. 7,600 0 0 — 7,944 10 11* 4,854 4 7 £69,854 4 7 Totals .. .. .. .. .. .. .. £13,262 4 10 * For explanatory statement see page 73.