B.—l [PT. Ill]

PUBLIC ACCOUNTS, 1937-1938

TABLE VI.—STATEMENT of the RECEIPTS and DISBURSEMENTS of the SINKING

12

RECEIPTS. £ s. d. j £ | ADVANCES OFFICE SINKING FUND Accumulation held on 31st March, 1937 — Contingent liability of the State Advances Corporation in terms of section 38 (2) of the State Advances Corporation Act, 1934-35 .. .. : 2,263,608 3 5 2,263,608 3 5 STATE COAL-MINES SINKING FUND Accumulation held on 31st March, 1937, — In State Coal-mines Sinking Fund Account .. .. .. .. .. 9,181121 Transfer from State Coal-mines Account, Finance Act, 1928, section 22, — Subsection (1) —2 per cent, of amount of Loans raised to 31st March, 1938, less amount redeemed otherwise than from the Sinking Fund .. 4,122 0 5 Subsection (3) —4 per cent, of amount redeemed from Sinking Fund to 31st March, 1937 .. .. .. .. .. .. 5,107 2 2 Subsection (3) —4 per cent, of amount redeemed from Sinking Fund during the current year from the date of redemption .. .. .. 294 15 4 9,523 17 11 18,705 10 0 SAMOAN LOAN SINKING FUND Accumulation held on 31st March, 1937, — In Deposits Account, Samoan Loan Sinking Fund Account .. .. 0 14 1 Contribution by Samoan Treasury .. .. .. .. .. .. 4,248 17 8 4,249 11 9 ELECTRIC SUPPLY SINKING FUND Accumulation held on 31st March, 1937, — In Electric Supply Sinking Fund Account— South Island Scheme .. .. .. .. .. .. .. 13,429 15 1 WESTPORT HARBOUR LOANS SINKING FUND Finance Act, 1928, section 13,- — Accumulated funds as at 31st March, 1937 .. .. .. .. .. 320,635 14 6 Subsection (4) (a) —Contribution for the financial year 1937-38 .. .. 7,000 0 0 Subsection 4 (d) —Contribution at the rate of 41 per cent, per annum in respect of Sinking Funds used to 31st March, 1937, to redeem debentures .. .. .. .. .. .. .. .. 3,858150 Interest on Investments .. .. .. .. .. .. .. 11,989 3 6 343,483 13 0 GREYMOUTH HARBOUR BOARD SINKING FUND Grey mouth Harbour Board Amendment Act, 1935, section 4, — Accumulated funds as at 31st March, 1937 .. .. .. .. .. 109,104 4 2 Interest.. .. .. .. .. .. .. .. .. 2,709 13 3 111,813 17 5