B.—l [PT. 11l

PUBLIC ACCOUNTS, 1944-1945

TABLE III.—TRANSACTIONS IN CONNECTION WITH THE PUBLIC DEBT IN THE YEAR ENDED 31st MARCH, 1945

Details of above External debt— 1. London— Increases £ 8. d. New issues for War Expenses Account .. .. .. .. .. 8,480,000 0 0 Decreases — Redemptions from— £ s. d. Public Debt Repayment Account .. .. 1,734,500 0 0 Loans Redemption Account .. .. .. 6,250,000 14 10 Premiums received on conversion . . .. .. 27,930 0 0 Sinking Fund— Westport Harbour .. .. .. 249,375 0 0 8,261,805 14 10 Increase .. .. .. .. .. .. 218,194 5 2 2. Australia — Decrease —Domicile changed to New Zealand .. .. .. .. .. 1,000 0 0 Internal debt— 3. Long-term debt— Increases — New issues for oapital works— £ s. d. National Development Loans Account .. .. 11,148,000 0 0 New issues: War Expenses Account .. .. 45,938,343 1 0 Issues in renewal and conversion of floating dobt 5,250,000 0 0 Premiums on conversion of internal debt .. .. 210,365 0 0 Domicile changed from Australia .. 1,000 0 0 62,547,701 1 0 DecreasesRedemption from— Public Debt Repayment Account .. .. 2,239,288 15 0 Sinking Fund— Samoan Loans .. .. 3 3 5 Loans Redemption Account .. .. 15,166,216 0 5 17,405,507 18 10 Increase .. .. .. .. .. £45,142,200 22 4. Floating debt — Decreases — £ s. d. Redemptions from Loans Redemption Aocount .. .. 3,365,000 0 0 Renewals and conversions to long-term internal debt .. 5,250,000 0 0 8,615,000 0 0 Deorease .. .. .. .. .. .. £8,615,000 0 0 Notes. —(1) For details of redemptions from Public Debt Repayment Account—see parliamentary paper 8.-2. (2) The following amounts were transferred from National Development Loans Account during 1944-4.") —Post Office Account, £150 000; Electric Supply Account, £2,720,000: Main Highways Account, £00,000; Public Works Account, £0,015,000; State Coal Minos Account, £700,000 ; State Forests Account. £270,000; anil Working Hallways Account £343,000, leaving a balance in the account at 3lst March, 1945, of £15,000.

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Outstanding 31st March, Outstanding 31st. March, , . 1044 (New Zealand ! 1945 (New Zealand + tIITtA,' Currency*. Currency), uecreasu External debt— £ s. d. £ s. d. S a. d. London .. .. .. .. .. 198,884,784 8 10 199,102,978 14 0 + 218,194 5 2 Australia .. .. .. .. .. 862,300 0 0 861,300 0 0 - 1,000 0 0 Internal debt— Long-term debt .. .. .. .. 311,131,932 18 6 356,274,133 0 8 +45,142,200 2 2 Floating debt .. .. .. .. 55,615,000 0 0 47,000,000 0 0 - 8,615,000 0 0 566,494,017 7 4 603,238,411 14 8 +36,744,394 7 4