B.—l [PT. I]

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the PUBLIC DEBT

REMITTANCES TO

REMITTANCES FROM

RESERVE FUND

20

y„ EAR „ YKAH enukh SIST MARCH, ended 31st March, RECEIPTS. 1944. - JTO - £ s. d. Balance at beginning of Year, — I £ s. d. £ s. d. 276,278 5 4 Cash .. .. .. .. .. .. .. .. •• | 909,312 10 5 ! Repayment of the Public Debt Act, 1925, Section 11, — Transfers from the Consolidated Fund in respect of the Publio Debt within the meaning of the Act— Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 1,932,947 15 5 outstanding at 31st March, 1944 .. .. .. .. .. 2,410,417 9 5 Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 134,738 15 3 redeemed to 31st March, 1944 .. .. .. .. 146,841 3 4 Subsection (6), being 3£ per cent, of the amount of the Public Debt redeemed 943,171 6 9 to 31st March, 1944 .. .. .. .. .. .. .. 1,027,888 3 4 Subsection (6), being 3£ per cent, of the amount of the Publio Debt cancelled 42,656 7 8 during the year, computed from the dates of redemption .. .. 3,585,146 16 1 3,053,514 5 1 £3,329,792 10 5 Totals .. .. .. .. .. .. .. £4,494,459 6 6

£ s. d. £ s. d. £ s. d. Amounts credited to New Zealand Public Account, London, being amounts remitted 29,960,837 19 9 from Public Account, Wellington .. .. .. .. .. .. .. 27,615,821 14 4 £29,960,837 19 9 Totals .. .. .. .. .. .. •. £27,615,821 14 4

£ s. d. £ s. d. £ s. d. Amount credited to Public Account, Wellington, being amount remitted from New Zealand Public Account, London.. .. .. .. .. .. 4,375,000 0 0 Totals .. .. .. .. .. .. .. £4,375,000 0 0

£ s. d. Balances at beginning of Year, — £ s. d. £ s, d. 81,594 19 11 Cash .. .. .. .. .. .. .. .. .. .. 31,037 11 4 Investment Account— 1,403,410 15 11 Securities held .. .. .. .. .. .. .. .. 1,615,692 1 5 Hawke's Bay Earthquake,— 28,805 6 8 Repayments of Loans made to Earthquake Sufferers .. .. .. 25,442 4 2 5,666 14 10 Repayment of Loans made to Local Authorities .. .. .. .. 7,726 14 10 33,168 19 34,472 1 6 Transfer from Consolidated Fund Deposits Account .. .. .. .. .. 554,100 17 4 35,216 12 0 Interest on investments .. .. .. .. .. .. — .. .. 42,348 13 7 91,930 12 2 Exchange adjustment £1,646,625 1 6 Totals .. .. .. .. .. .. .. £2,276,348 2 8