B.—l [Pt. ll].

PUBLIC ACCOUNTS, 1938-193 9.

STATE FORESTS ACCOUNT.

STATEMENT of RECOVERIES on ACCOUNT of EXPENDITURE of PREVIOUS YEARS, for the FINANCIAL YEAR ended 31st March, 1939.

STATEMENT of DISBURSEMENTS of STATE FORESTS ACCOUNT for the YEAR ended 31st March, 1939.

STATEMENT of TEMPORARY TRANSFERS between ACCOUNTS within the PUBLIC ACCOUNT in terms of Section 40 of the PUBLIC REVENUES ACT, 1926, during the FINANCIAL YEAR ended 31st March, 1939.

B. C. Ashwin, Secretary to the Treasury. A. R. F. Maokay, M.Com. (N.Z.), Ph.D. (LoncL), Accountant to the Treasury. 31st July, 1939. Examined, and found correct. J. H. Fowler, Controller and Auditor-General, 3rd August, 1939.

Approximate Cost of Paper.— ['reparation, not given; printing (630 copies), £105.

Price Is. 3d. j

By Authority: E. Y. Paul, Government Printer, Wellington.—1939.

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£ a. A. Sale of Surplus and obsolete stores .. .. .. • ■ • • • • ■ ■ 3,170 13 6

Gross. Credits. Net. Vote. £ s. d. £ s. d. £ s. d. State Forest Service 480,303 14 6 77,219 19 3 403,083 15 3 Unauthorized expenditure — Services not provided for .. .. .. ■ • 100 0 0 100 0 0 480,403 14 6 77,319 19 3 403,083 15 3 Interest and other Charges on Loans and Capital Liability :— New Zealand Loans Act, 1932, Section 24 (2),— Recoupment to Consolidated Fund of management [ charges on New Zealand Government securities .. 278 3 6 .. 278 3 6 Forests Act, 1921-22, Section 39 (2): — Transfer to Consolidated Fund of National-endowment Kevenue .. .. 18,712 6 6 .. 18,712 6 6 £499,394 4 6 £77,319 19 3 £422,074 5 3

Balance _ , , Date of Ilate of outstanding Amount o f Repayment Amount Date Transfer to Transfer from Transfer. Interest. ,, lf .?L n v Transfer. due. repaid. repaid. 1938. ' j PerCent. £ £ £ Public Works Fund — Electric Supply Account Land for Settlements Account 13/10/38 | 2 .. 50,000 12/10/39 Ordinary Revenue Account 28/3/39 2 .. 50,000 27/3/40 ! 30/3/39 2 .. 50,000 29/3/40 31/3/39 2 .. 60,000 30/3/40' State Forests Account .. „ 31/3/39 2 50,000 30/3/40 £260,000