B—i [PT. I].

PUBLIC ACCOUNTS, 1931- 1 9 3 2

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

40

PUBLIC DEBT v Year ended 31st March, ENDED STSTHAROH, RECEIPTS. 1932. 1931. £ s. d. Balance at beginning of Year,— £ S- d ' g 2 g ' 3,052 14 2 Cash .. j Repayment of the Public Debt Act, 1925, Section 11, Transfers from the Consolidated Fund — Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 981 619 11 3 outstanding at 31st March, 1931 .. .. • • •• •• 1,016,457 Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 25.180 3 6 redeemed to 31st March, 1931 .. .. •• • • •• 31,229 1b Subsection (6), being 3| per cent, of the amount of the Public Debt redeemed 176 261 4 9 to 31st March, 1931 .. .. .. •• •• ••• *• 218,608 14 Subsection (6), being 3J per cent, of the amount of the Public Debt cancelled 23,997 13 0 during the year, computed from the dates of Redemption .. .. 12,903 1,207,058 12 6 — i. i. r 4- . .. 262 15 6 50 14 2 Interest on Investments £1,210,162 0 10 Totals £1,279,495 1 0 THE RAILWAYS IMPROVEMENT £ s. d. Balance at beginning of Year,— £ Ē - fl R £ s " d ' 169,265 14 4 Cash 320,062 Imprests outstanding— 8 In the Dominion 2,891 2 6 In London Investment Account— 155,000 0 0 Securities held .. • •• ' •* " ** ' 420,783 17 4 327,156 16 10 Railways Improvement Authorization Act, 1914, and Finance Act, 1927 (No. 2), Section 3, — 500 000 0 0 New Zealand Consolidated Stock, 1949, — Stock issued in respect of £500,000 authorized (part of £5,500,000 5-per-cent. 13,874 3 6 Loan, 1930) .. •• •• •• •• •• •• Stock issued in respect of amount required to cover Charges and Expenses ol ] 18 038 5 9 raising £500,000 authorized (part of £5,500,000 5-per-cent. Loan, 1930) .. ' Stock issued in respect of amount required to cover Charges and Expenses of 225 702 16 9 raising £1,500,000 authorized (part of £7,000,000 4j-per-cent. Loan, 1929).. Stock issued in respect of £225,702 16s. 9d. authorized (part of £685,702 16s. 9d. 5-per-cent. Loan, 1930) New Zealand Inscribed Stock Act, 1917 — 136,550 0 0 Inscribed Stock issued 2,200 0 0 Inscribed Stock (Death Duties) issued .. 143,600 0 0 Debentures issued .. .. •• •• •• •• •• 1,139,965 6 0 1,867 13 2 Recoveries on account of Expenditure of previous Years .. •• •• •• -j (£1,468,989 16 0 Totals .. .. •• •• •• •• •• £420,7S3 17 I