B.—l [PT. I].

PUBLIC ACCOUNTS, 1 9 36-1937.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1937, compared with the Year ended 31st March, 1936—continued.

22

Yeah Year ended 31st March, ended 31st March, RECEIPTS. 1Q<?7 1936. £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 133,294 18 5 Cash .. .. .. .. .. .. .. .. .. .. 262,037 15 0 Investment Account — 343,105 0 0 Securities held .. .. .. .. .. .. .. .. 322,545 0 0 New Zealand Loans Act, 1932, — Section 14— Securities issued in|conversion of Loans— Debentures .. .. .. .. .. .. .. 677,900 0 0 8,883,985 0 0 Stock .. .. .. .. .. .. .. .. 15,399,974 12 4 Death Duty Stock .. .. .. .. .. .. .. 23,745 0 0 Treasury bills .. .. .. .. .. .. .. 925,000 0 0 Securities issued in renewal of Loans — 111,700 0 0 Stock .. .. .. .. .. .. .. 288,005 0 0 Securities issued to cover Cost, Charges, and Expenses of paying off £2,135,800 836,015 0 0 and renewing £8,000,000 5 per cent. 1935-45 London Loan Securities issued to cover Cost, Charges, and Expenses of paying off £1,869,988 9s. 9d. and renewing £4,000,000 6 per cent. 1936-51 London Loan — Stock .. .. .. .. .. .. .. .. 628,147 3 7 Interest on overdue instalments.. .. .. .. .. .. 618 17,942,777 17 7 9,831,700 0 0 Section 15— Securities issued in conversion of Loans— 3,370,865 0 0 Stock .. .. .. .. .. .. .. .. 165,921 12 4 340,560 12 11 Securities issued to cover Costs, Charges, and Expenses of Conversion .. 9,539 10 1 175,461 2 5 3,711,425 12 11 Section 40 (6) — 64,650 0 0 Ordinary Stock issued in replacement of Death Duty Stock.. .. .. .. 29,070 0 0 Section 57 — 859,250 0 0 Stock issued in exchange for Debentures .. .. .. .. .. 169,905 0 0 33,560 0 0 Stock issued in exchange for Death Duty Stock .. .. .. .. 43,270 0 0 213,175 0 0 892,810 0 0 — New Zealand Debt Conversion Act, 1932-33 — Section 12— Securities issued in conversion— 1,915 0 0 Debentures Stock .. .. .. .. .. .. .. .. 200 0 0 Section 16— 7,335 0 0 Ordinary Stock issued in replacement of Tax-free Stock .. .. .. 2,935 0 0 3,135 0 0 Finance Act, 1925, Section 13, — Amount received in respect of War Expenses to be applied in repayment of War Loans— 5,964 4 6 Subsection (3) —Repatriation Receipts paid in by State Advances Office .. .. 2,875 8 3 Subsection (2) —Miscellaneous Receipts . . .. .. .. .. .. 0 4 0 2,875 12 3 Public Revenues Act, 1926, Section 135 (2), — 6,542 7 6 Amount received on account of New Zealand's share of German Reparations .. .. 2,012 16 3 Public Revenues Act, 1926, Section 135 (4),- — Amount transferred from Ordinary Revenue Account for Redemption of Loans— 13,987 2 11 Main Highways Account .. .. .. .. .. ■■ 11,095 3 0 Fruit-preserving Industry Account .. .. .. ■■ •• 10,710 0 0 Cold Storage Advances Account.. .. .. .. .. .. 14,310 0 0 General Purposes Relief Account .. .. .. .. .. 30,000 0 0 Amount received from Main Highways Account for Redemption of Main 85,419 0 0 Highways Loans .. .. .. .. .. .. .. 93,567 0 0 Amount received from State Advances Office for redemption of Securities at or before maturity— 341,190 0 0 Settlers Branch .. .. .. .. .. .. •• 864,730 0 0 19,500 0 0 Workers Branch .. .. .. .. .. .. .. 108,920 0 0 12,125 0 0 Miscellaneous Branch .. Amount received from the British Phosphate Commission for the redemption of Nauru and Ocean Islands Securities in terms of Section 13 (4) of the Finance 20,560 1 8 Act, 1932 .. .. .. .. • • •• 30,020 8 10 Amount transferred from the Samoan Loan Sinking Fund for the redemption before maturity of securities issued in respect of Samoan Loan Suspense Account 8,270 0 0 1,171,622 11 10 492,781 4 7 £15,491,523 7 II Totals . . .. . - . . . . . . £20,124,712 15 4