B.—l [PT. I].

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1942, compared with the Year ended 31st March, 1941—continued.

16

Year Year ended 31st March, ENDED 31ST MAEOH, RECEIPTS. 1942. 1941. • : l_ £ a. d. Balances at beginning of Year, — * £ s. d. Q / m , f>' ! 339,313 6 4 Cash " d4 ' U14: J & j Investment Account- 2,500 0 0 Securities held 7#{ 777 9 0 82,693,881 8 11 Securities issued in renewal or conversion of Loans .. .. .. •• •• 10,000,111 521,720 0 3 Securities issued to cover costs, charges, and expenses of conversion .. .. 2,835,122 18 6 98,340 0 0 Ordinary Stock issued in exohange or replacement of Death Duty Stock .. .. •• 106,o2o 0 0 1,500 0 0 Death Duty Stook issued in replacement of Ordinary Stock 59 7S0 () 0 164,175 0 0 Stock issued in exchange for Debentures 347,215 0 0 Ordinary Stook issued in replacement of Tax-free Stock .. .. 2,159,135 0 0 3 5 0 Interest-free Stock issued in exchange Interest on overdue instalments 1,443 12 4 Amount reoeived on account of New Zealand's share of German Reparations .. •• 949 16 1 2,625 12 9 Amount received in respect of War Expenses (1919) for redemption of securities .. 1,444 7 1 Amount received from the British Phosphate Commission for the redemption of 34,700 1 3 Nauru and Ocean Islands securities Amount received from Ordinary Revenue Account for redemption of securities Ordinary Revenue Account, War Expenses (1919) .. • • ■ • • • d8U 1,693,301 3 6 Public Works Fund, General Purposes Account 1,073 19 4 Main Highways Account .. .. ■■ '* „ , 2,340 0 0 War Expenses Account (1939) .. •• •• •• •• ' j 0 q 1,696,715 2 10 Amount received from Publio Works Fund, General Purposes Account, for 1,460,000 0 0 redemption of securities .. .. •• •• •• • • " ' 4 5 2 Proceeds sales of National Endowment lands .. .. • • • • ■ • " 53 3 0 Amount received from Land for Settlements Account for redemption of securities .. .. 11,600 0 0 184,475 0 0 Amount received from Main Highways Account for redemption of securities 361 3 5 Amount received for redemption of State Advances securities Amount transferred from the Samoan Loan Sinking Fund for the redemption 5,370 0 0 of securities issued in respect of Samoan Loan Suspense Account Amount received from State Advances Corporation in reduction of contingent liability to be used for redemption of securities .. •• •• •• > u ' a 6 320 0 0 Amount received from State Coal-mines Account for redemption of securities .. • * 9,164 0 0 3 647,992 10 0 Amount received from War Expenses Aocount for redemption of securities ■ " 7,351,098 10 10 — rj, ,,, .. .. .. £89,249,983 5 2 £91,206,155 8 3 Totals .. .. • • • • 1-