B.—l [PT. I].

71

PUBLIC ACCOUNTS, 1 929-1 93 0.

PUBLIC ACCOUNT CASH BALANCE INVESTMENT ACCOUNT.

A. D. Park, Secretary to the Treasury. G. C. Rodda, Assistant Secretary to the Treasury. The Treasury, Wellington, 30th April, 1930. Examined and found correct, subject to the departmental notes. The credit balances shown as " Cash "in the various accounts which constitute the Public Account amount in all to £3,878,141 Bs. Of this amount £2,500,000 has been issued from the Public Account by way of investment under the authority of section 39 (2), Public Revenues Act, 1926, and is represented by fixed deposits. G. F. C. Campbell, Controller and Auditor-General. 12th May, 1930. Treasury Note.—The cash balances totalling £3,878,141 Bs., referred to in the above Audit certificate, are made up as follows : — £ s. d. Cash in current account .. .. .. .. .. .. .. 1,374,242 12 7 Cash in transit to London .. .. .. .. .. .. .. 3,898 15 5 Cash on fixed deposit .. .. .. .. .. .. ~ .. 2,500,000 0 0 £3,878,141 8 0 A. D. Park, F.1.A.N.Z., F.R.A.N.Z., Secretary to the Treasury.

1928-1929. 1929-1930. Gross. EXPENDITURE. Gross _ £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. Investment Account— 2,275,000 0 0 Securities held .. .. .. .. .. .. .. .. 6,280,000 0 0 Balance at end of Year,— Investment Account— 6,280,000 0 0 Securities held .. .. .. .. .. .. .. 2,500,000 0 0* £8,555,000 0 0 Totals .. .. .. .. .. .. .. £8,780,000 0 0 * For explanatory statement see page 73.