PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1932-1933. PART III. PREPARED BY THE TREASURY DEPARTMENT. CERTIFIED TO BY THE CONTROLLER AND AUDITOR-GENERAL UNDER THE PUBLIC REVENUES ACT, 1926. ALSO STATEMENT SHOWING THE PUBLIC DEBT OF THE DOMINION AS ON THE 31st MARCH, 1933.

Appendix to the Journals of the House of Representatives, 1933 Session I, B-01-part03

B.—l |Px. lIIJ.

1933. NEW ZEALAND.

PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1932-1933. PART III. PREPARED BY THE TREASURY DEPARTMENT. CERTIFIED TO BY THE CONTROLLER AND AUDITOR-GENERAL UNDER THE PUBLIC REVENUES ACT, 1926. ALSO STATEMENT SHOWING THE PUBLIC DEBT OF THE DOMINION AS ON THE 31st MARCH, 1933.

I—B. 1 [PT. lII].

B.—l [PT. lII].

CONTENTS. ACCOUNTS RELATING TO THE PUBLIC DEBT:— . page General Balance-sheet and Summary of Transactions .. ... . .. .. 3 THE PUBLIC DEBT OF NEW ZEALAND ON 31st MARCH, 1933 :— The Public Debt .. .. .. .. .. .. .. .. .. .. 6 Public Debt funded in Tebms of Section 8 of the Finance Act, 1922 .. .. .. 13 STATEMENT OF SECURITIES ISSUED UNDER THE RURAL ADVANCES ACT, 1926 13 STATEMENT OF LOANS GUARANTEED BY THE GOVERNMENT .. .. .. .. 14 STATEMENT OF RECEIPTS AND DISBURSEMENTS OF THE SINKING FUNDS DURING THE FINANCIAL YEAR ENDED 31st MARCH, 1933 .. .. ... .. .. .. 16 STATEMENT OF SINKING FUNDS ACCRUED TO THE 31st MARCH, 1933 ... .. .. 18

2

B.—l TPt. 1111.

PUBLIC ACCOUNTS, 1932-1933.

ACCOUNTS RELATING TO THE PUBLIC DEBT BALANCES AND SUMMARY OF TRANSACTIONS.

3

Balances on 31st March, 1932. Transactions, 1932-33. Balances on 31st March, 1933. Dr. Or. Dr. Cr. Dr. Gr. PUBLIC DEBT ACCOUNT :— £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ a. d. New Zealand Loans Act, 1932, — Debentures .. .. .. .. .. .. .. 66,928,493 10 1 .. 5,043,790 2 9 6,533,354 2 9 65,438,929 10 1 Stock .. .. .. .. .. .. .. 181,560,778 17 8 .. 9,372,460 0 0 3,818,915 0 0 187,114,323 17 8 FundedDebt .. .. .. .. .. .. .. 24,100,199 10 7 .. .. .. 24,100,199 10 7 Treasury Bills .. .. .. .. .. .. .. ; 7,055,000 0 0 .. 23,852,440 19 7 28,352,103 19 7 2,555,337 0 0 Deed Security .. .. .. .. .. .. .. 212,500 0 0 .. 2,250,000 0 0* .. 2,462,500 0 0* Totals .. .. .. .. .. .. 279,856,97118 4 .. 40,518,691 2 4 38,704,373 2 4 281,671,289 18 4 DEPARTMENTAL DEBT ACCOUNT:— New Zealand Loans Act, 1932, — Debentures — Investments Accounts — ■ Ordinary Revenue .. .. .. .. .. .. 332,135 0 0 .. 1,100,050 0 0 1,182,041 0 0 250,144 0 0 Nauru and Ocean Islands .. .. .. .. .. 50 0 0 .. .. 50 0 0 Deposits .. .. .. .. .. .. .. 187,830 0 0 .. 77,385 0 0 108,710 0 0 156,505 0 0 Public Works Fund—General Purposes .. .. .. 555,725 11 4 .. 2,210,330 0 0 2,744,69110 10 21,364 0 6 Electric Supply .. .. .. .. .. .. .. .. 500,000 0 0 500,000 0 0 Electric Supply Sinking Fund .. .. .. -..I: 42,510 0 0 .. 2,680 0 0 37,110 0 0 8,080 0 0 Discharged Soldiers Settlement .. .. .. ... 26,997 13 9 .. 559,020 0 0 441,008 3 2 145,009 10 7 General Purposes Relief .. .. .. .. .. 4,250 0 0 .. .. 4,250 0 0 Hunter Soldiers'Assistance Trust .. .. .. .. 6,185 0 0 .. .. 6,185 0 0 Land for Settlements .. .. .. .. .. 23,455 0 0 .. 17,920 0 ol 41,375 0 0 Loans Redemption .. .. .. .. .. 155,160 0 0 .. 149,900 0 0"| 102,955 0 0 202,105 0 0 State Coal.. .. .. .. .. .. .. 39,300 0 0 .. 15,000 0 0 .. 54,300 0 0 Unemployment Fund .. .. .. .. .. .. .. 100,000 0 0 .. 100,000 0 0 Working Railways .. .. .. .. .. .. 600,000 0 0 .. 553,835 6 0 582,105 0 0 571,730 6 0 Totals .. .. .. .. .. .. 1,973,598 5 1 .. 5,286,120 6 0 5,750,480 14 0 1,509,237 17 1 * Includes £2,250,000 Deed of Hypothecation under Finance Act, 1931 (No. 4), section 7 (2),

B.—l [Pt. lII].

PUBLIC ACCOUNTS, 1932-1933.

ACCOUNTS RELATING TO THE PUBLIC DEBT— continued. BALANCES AND SUMMARY OF TRANSACTIONS— continued.

4

Balances on 31st March, 1932. Transactions, 1932-33. Balances on 31st March, 1933. Dr. Cr. Dr. Or. Dr. Cr. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. DEPARTMENTAL DEBT ACCOUNT— New Zealand Loans Act, 1932, — StockInvestment Accounts — Deposits .. .. .. .. .. .. .. 1,930 0 0 .. 5,000 0 0 1,730 0 0 5,200 0 0 Public Works Fund—General Purposes .. .. .. 6,000 0 0 .. 119,730 0 0 120,650 0 0 5,080 0 0 Electric Supply .. .. .. .. .. .. .. .. 26,000 0 0 22,000 0 0 4,000 0 0 Electric Supply Sinking Fund .. .. .. 19,150 0 0 .. 56,560 0 0 .. 75,710 0 0 Discharged Soldiers Settlement .. .. .. .. 55,100 0 0 .. 40,200 0 0 92,210 0 0 3,090 0 0 General Purposes Relief .. .. .. .. .. 5,000 0 0 .. .. 5,000 0 0 Land for Settlements .. .. .. .. .. 12,250 0 0 .. .. 12,250 0 0 Loans Redemption .. .. .. .. .. 12,800 0 0 .. .. 2,800 0 0 10,000 0 0 Working Railways .. .. .. .. .. .. .. .. 158,500 0 0 44,150 0 0 114,350 0 0 Totals .. .. .. .. .. .. 112,230 0 0 .. 405,990 0 0 300,790 0 0 | 217,430 0 0 Public Revenues Act, 1926 (Section 41),— Treasury Bills — Investment Accounts — Deposits .. .. .. .. .. .. .. .. '.. 200,000 0 0 100,000 0 0 100,000 0 0 Public Works Fund— General Purposes .. .. .. .. .. 2,450,000 0 0 1,225,000 0 0 j 1,225,000 0 0 Electric Supply .. .. .. .. .. .. .. .. 225,000 0 0 225,000 0 0 Discharged Soldiers Settlement .. .. .. .. .. ■• 420,000 0 0 420,000 0 0 Land for Settlements .. .. .. .. .. .. .. 300,000 0 0 300,000 0 0 ; Loans Redemption .. .... .. .. .. .. 100,000 0 0 100,000 0 0, Main Highways— Revenue Fund .. .. .. .. .. .. 50,000 0 0 50,000 0 0 Reserve Fund .. .. .. .. .. .. .. .. 150,000 0 0 100,000 0 0 50,000 0 0 State Forests .. .. .. .. .. .. .. .. 150,000 0 0 150,000 0 0 Working Railways .. .. .... .. ..' ■■ ■■ 200,000 0 0 100,000 0 0 100,000 0 0 Totals .. .. .. .. .. .. .. .. 4,245,000 0 0 2,770,000 0 0 | 1,475,000 0 0

B.—l [Pt. 111].

PUBLIC ACCOUNTS, 1932-1933.

ACCOUNTS RELATING TO THE PUBLIC DEBT -continued. BALANCES AND SUMMARY OF TRANSACTIONS— continued.

5

Balances on 31st March, 1932. Transactions, 1932-33. Balances on 31st March, 1933. Dr. Cr. Dr. Cr. Dr. Or. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. DEBENTURES .. .. .. .. .. .. .. .. 68,902,091 15 2 6,743,875 2 9 4,789,950 14 9 .. 66,948,167 7 2 STOCK .. .. .. .. .. .. .. .. .". 181,673,008 17 8 3,673,715 0 0 9,332,460 0 0 .. 187,331,753 17 8 FUNDED DEBT .. .. .. .. .. .. .. .. 24,100,199 10 7 .. .. .. 24,100,199 10 7 TREASURY BILLS .. .. .. .. .. .. .. 7,055,000 0 0 30,552,103 19 7 | 27,527,440 19 7 .. | 4,030,337 0 0 DEED SECURITIES .. .. .. .. .. .. .. 212,500 0 0 .. 2,250,000 0 Of .. 2,462,500 0 Of SUMMARY OP BALANCES OF PUBLIC DEBT ACCOUNTS ON 31st MARCH, 1933. Balances Dβ. Balances Ce. £ s. d. £ s. d. Public Debt Account .. .. .. .. .. .. 281,671,289 18 4f Debentures .. .. .. .. .. .. .. 66,948,167 7 2 Departmental Debt Account — £ s. d. Stock .. .. .. .. .. .. .. .. 187,331,753 17 8 Debentures .. .. .. .. .. 1,509,237 17 1 I Funded Debt .. .. .. .. .. .. .. 24,100,199 10 7 Stock .. .. .. .. .. 217,430 0 0 | Tbeasttby Bills .. .. .. .. .. .. .. 4,030,337 0 0 Treasury Bills .. .. .. .. 1,475,000 0 0 j Deed Securities .. .. .. .. .. .. .. 2,462,500 0 Of 3,201,667 17 1* Total Debt .. .. .. .. .. £284,872,957 15 5f Total Securities outstanding.. .. .. £284,872,957 15 5 * This amount represents Government securities held as investments by the Public Account, and is not actually due to the public. It does not include securities held by accounts outside the,Public Account, as these represent debt Indirectly due to the public. t Includes £2,250,000 Deed of Hypothecation under Finance Act, 1931 (No. 4), section 7 (2).

B.—l [PT. lII].

PUBLIC ACCOUNTS, 1932-1 933.

THE PUBLIC DEBT OF NEW ZEALAND. STATEMENT OF SECURITIES CHARGED ON THE PUBLIC REVENUES OF NEW ZEALAND AND OUTSTANDING ON 31st MARCH, 1933.

6

Annual Charge. Amount ■» 1™ outstanding. Due Date. ° g JiemarKs. .g jj Interest. When payable. New Zealand Loans Act, 1932 :— £ s. d. % i £ Debentures .. .. .. .. .. 115 0 0 15 Dec, 1920 4| .. .. Unpresented. 5 0 0 15 Dec, 1925 4J 1,300 0 0 1 Nov., 1927 5 .. 200 0 0 1 July, 1930 5J 600 0 0 1 Sept., 1930 4J 4,400 0 0 15 Jan., 1933 I 5| 2,100 0 0 1 Feb., 1933 ! 5J 118,000 0 0 1 April, 1933 4J 5,310 1 April and 1 Oct. 7,200 0 0 1 May, 1933 5 360 1 May „ 1 Nov. 600 0 0 1 July, 1933 5J 33 1 Jan. „ 1 July 1,251,500 0 0 1 Aug., 1933 4 50,060 1 Feb. ,, 1 Aug. 240,000 0 0 1 Aug., 1933 U 10,800 1 Feb. ,, 1 Aug. 11,000 0 0 1 Aug., 1933 5" 550 1 Feb. ,, 1 Aug. 41,000 0 0 15 Aug., 1933 4 1,640 15 Feb. ,, 15 Aug. 1,264,180 0 0 15 Aug., 1933 5£ 66,369 15 Feb. ,, 15 Aug. 245,000 0 0 1 Sept., 1933 4 9,800 1 Mar. „ 1 Sept. 90,000 0 0 1 Sept., 1933 4J 4,050 ] Mar. „ 1 Sept. 400 0 0 I 30 Sept., 1933 4J 18 31 Mar. ,, 30 Sept. 104,925 0 0 1 Dec., 1933 4 4,197 1 June ,, 1 Dec. 205,000 0 0 ! 1 Dec, 1933 4J 9,225 I 1 June „ 1 Dee. 2,851,160 0 0 1 Jan., 1934 1 4 114,046 1 Jan. „ 1 July 4,060 0 0 1 Jan., 1934 4J 182 1 Jan. „ 1 July 3,264,900 0 0 1 Feb., 1934 4 130,596 1 Feb. „ 1 Aug. 894,500 0 0 1 Feb., 1934 4J 40,252 1 Feb. „ 1 Aug. 27,200 0 0 1 Feb., 1934 5| 1,428 1 Feb. „ 1 Aug. 262,172 15 0 1 Mar., 1934 4 10,487 1 Mar. „ 1 Sept. 131,800 0 0 1 Mar., 1934 4J 5,931 1 Mar. ,, 1 Sept. 22,950 0 0 1 Mar., 1934 5J 1,205 1 Mar. „ 1 Sept. 1,071,650 0 0 1 April, 1934 4 42,866 1 April ,, 1 Oct. 318,100 0 0 1 April, 1934 4J 14,314 1 April ,, 1 Oct. 105,000 0 0 1 April, 1934 5 5,250 1 April ,, 1 Oct. 21,550 0 0 1 April, 1934 5J 1,131 1 April ,, 1 Oct. 13,100 0 0 1 May, 1934 5 655 1 May ,, 1 Nov. 57,300 0 0 1 May, 1934 5J 3,008 1 May ,, 1 Nov. 7,600 0 0 1 May, 1934 5§ 418 1 May „ 1 Nov. 33,100 0 0 1 June, 1934 4| 1,572 1 June „ 1 Dee. 10,000 0 0 1 July, 1934 5 500 1 Jan. „ 1 July 36,850 0 0 1 July, 1934 5J 1,935 1 Jan. ,, 1 July Carried forward .. .. .. 12,720,517 15 0 .. .. 538,188

THE PUBLIC DEBT OF NEW ZEALAND. STATEMENT OF SECURITIES CHARGED ON THE PUBLIC REVENUES OF NEW ZEALAND AND OUTSTANDING ON 31st MARCH, 1933—continued.

B.—l TPt. ITII.

PUBLIC ACCOUNTS, 193 2-193 3

7

Annual Charge. outstanding. Due Date. '3| Kemarks. jS| Interest. When payable. II £ s. d. % £ Brought forward .. .. .. 12,720,517 15 0 .. .. 538,188 New Zealand Loans Act, 1932 — continued. Debentures — continued. 5,000,000 0 0 16 July, 1934* 5 250,000 16 Jan. and 16 July * Repayable at the option of the Government -at par, in 62,690 0 0 1 Aug., 1934 5 3,134 1 Feb. ,, 1 Aug. whole or in part, on or after 16th July, 1932, on three 84,600 0 0 1 Aug., 1934 5J 4,441 1 Feb. ,, 1 Aug. months' notice. 29,000 0 0 1 Oct., 1934 4f 1,377 1 April ,, 1 Oct 50,520 0 0 1 Oct., 1934 5 2,526 1 April ,, 1 Oct. 134,490 0 0 1 Oct., 1934 5J 7,061 1 April „ 1 Oct. 411,600 0 0 9 Oct., 1934 5J 21,609 9 April „ 9 Oct. 21,000 0 0 1 Nov., 1934 5 1,050 1 May „ 1 Nov. • 40,000 0 0 1 Nov., 1934 5J 2,100 1 May ,, 1 Nov. 31,400 0 0 1 Dec, 1934 5J 1,648 1 June ,, 1 Dec. 250 0 0 1 Jan., 1935 5 12 1 Jan. ,, 1 July 35,000 0 0 1 Jan., 1935 5J 1,837 1 Jan. ,, 1 July 13,000 0 0 1 Feb., 1935 4} 617 1 Feb. ,, 1 Aug. 31,350 0 0 1 Mar., 1935 5J 1,645 1 Mar. ,, 1 Sept, 37,000 0 0 15 Mar., 1935 5 1,850 15 Mar. ,, 15 Sept. 15,000 0 0 1 April, 1935 5J 787 1 April ,, 1 Oct. 9,250 0 0 1 June, 1935 5 462 1 June ,, 1 Dec. 15,350 0 0 1 June, 1935 5J 806 1 June ,, 1 Dec. 203,000 0 0 1 July, 1935 5J 10,657 1 Jan. ,, 1 July 55,200 0 0 1 Aug., 1935 5J 2,898 1 Feb. ,, 1 Aug. ! 40,000 0 0 1 Oct., 1935 5£ 2,100 1 April ,, 1 Oct. 20,420 0 0 1 Nov., 1935 5 1,021 1 May ,, 1 Nov. 34,400 0 0 1 Nov., 1935 5J 1,806 1 May ,, 1 Nov. 23,550 0 0 1 Dec, 1935 5 1,177 1 June ,, 1 Dec. 19,600 0 0 1 Dec, 1935 5£ 1,029 1 June „ 1 Dec. 15,380 0 0 15 Dec, 1935 4J 692 15 June ,, 15 Dec. 800 0 0 1 Jan., 1936 U 36 I 1 Jan. ,, 1 July 3,250 0-0 i 1 Jan., 1936 5 163 1 Jan. ,, 1 July 92,120 0 0 1 Feb., 1936 5 4,606 1 Feb. ,, 1 Aug. 30,200 0 0 1 Feb., 1936 51 1,585 1 Feb. „ 1 Aug. 833,900 0 0 1 Feb., 1936 5| 45,864 1 Feb. ,, 1 Aug. 25,600 0 0 1 Mar., 1936 5J 1,344 1 Mar. „ 1 Sept. 41,510 0 0 1 April, 1936 5 2,075 1 April ,, 1 Oct. 1,000 0 0 1 May, 1936 ■ 4J 45 1 May ,, 1 Nov. 61,760 0 0 1 May, 1936 5 3,088 1 May ,, 1 Nov. 35,600 0 0 1 May, 1936 5J 1,869 1 May ,, 1 Nov. 2,400 0 0 1 June, 1936 5 120 1 June ,, 1 Dec. 12,750 0 0 1 July, 1936 5J 669 1 Jan. „ 1 July Carried forward .. .. .. 20,294,457 15 0 .. .. 923,994

B.—l [Pt. 1111.

PUBLIC ACCOUNTS, 1932-193 3.

THE PUBLIC DEBT OF NEW ZEALAND. STATEMENT OF SECURITIES CHARGED ON THE PUBLIC REVENUES OF NEW ZEALAND AND OUTSTANDING ON 31st MARCH, 1933— continued.

8

Annual Charge. outstanding. Due Date. of Eemarks. ■SJS Interest. When payable. £ s. d. % £ Brought forward .. .. .. 20,294,457 15 0 .. .. 923,994 ' New Zealand Loans Act, 1932 — continued. Debentures— continued. 88,950 0 0 1 Aug., 1936 5J- 4,670 1 Feb. and 1 Aug. 77.340 0 0 1 Oct., 1936 5 3,867 1 April ,, 1 Oct. 79,600 0 0 1 Feb., 1937 5 3,980 1 Feb. „ 1 Aug. 30,000 0 0 1 Feb., 1937 5£ 1,575 1 Feb. ,, 1 380,550 0 0 15 Feb., 1937 5| 19,503 15 Feb. ,, 15 Aug. 1,152,750 0 0 15 Feb., 1937 5$ 63,401 15 Feb. ,, 15 Aug. 22,700 0 0 1 Mar., 1937 5 1,135 1 Mar. ,, 1 Sept. 15,250 0 0 1 April, 1937 5 762 1 April ,, 1 Oct. 16,900 0 0 1 June, 1937 5 845 1 June ,, 1 Dec. 22,000 0 0 1 Aug., 1937 5 1,100 1 Feb. „ 1 Aug. 189,450 0 0 1 Sept., 1937 5 9,472 1 Mar. ,, 1 Sept. 2,055,000 0 0 1 Sept., 1937 Si 113,025 1 Mar. „ 1 Sept. 50,000 0 0 1 Oct., 1937 5 2,500 1 April ,, 1 Oct. 3,000 0 0 5 Dec, 1937 4-S- 135 5 June ,, 5 Dec. 3,997,100 0 0 15 Nov., 1938 4| 179,869 15 May ,, 15 Nov. 1,887,900 0 0 20 April, 1939 U 84,955 20 April ,, 20 Oct. 549,900 0 0 15 June, 1940 5~ 27,495 15 June ,, 15 Dec. 369,515 0 0 15 Dec, 1940 4$ 16,628 15 June ,, 15 Dec. 900 0 0 1 Jan., 1941 4£ 40 1 Jan. ,, 1 July 127,500 0 0 31 Mar., 1941 U 5,737 31 Mar. ,, 30 Sept. 71,700 0 0 1 April, 1941 4J 3,226 1 April ,, 1 Oct. 19,500 0 0 15 April, 1941 4J 877 15 April ,, 15 Oct. 152,700 0 0 1 May, 1941 4J 6,871 1 May ,, 1 Nov. 212,900 0 0 1 June, 1941 4J 9,580 1 June ,, 1 Dec. 801.400 0 0 1 July, 1941 4± 36,063 1 Jan. ,, 1 July 151,200 0 0 1 Aug., 1941 4J 6,804 1 Feb. ,, 1 Aug. 694,450 0 0 1 Sept., 1941 4|- 31,250 1 Mar. ,, 1 Sept. 200,000 0 0* 15 Feb., 1945 5 10,000 15 Feb. „ 15 Aug. * Raised by the late Westport Harbour Board and taken 125,000 0 0 1 Nov., 1945 4 5,000 j 1 May „ 1 Nov. over by the Government in terms of the Westport 2,090,909 1 9 1 Dec, 1945f 4$ 94,090J 1 June ,, 1 Dec. Harbour Act, 1920. 400,000 0 0 1 April, 1947 3-J 14,000 1 April ,, 1 Oct. f Repayable at the option of the Government on or 495,000 0 0 1 Oct., 1947 3* 17,325 1 April ,. 1 Oct. after 1st December, 1925, by giving three months' 212,000 0 0 1 April, 1948 3|- 7,420 1 April „ 1 Oct. notice in the London Gazette. 1,211,600 0 0 1 Oct., 1948 3i 42,406 1 April ,, 1 Oct. % Interest suspended in terms of agreement with Imperial 50,000 0 0 1 Jan., 1949 3| 1,750 1 Jan. ,, 1 July Government. 1,802,253 0 5§ 1 Jan. 1949 4 72,090 1 Jan. ,, 1 July § Includes £414,250 raised by the late Westport Harbour 52,750 0 0 1 Jan., 1949 4|- 2,374 I Jan. ,, 1 July Board and taken over by the Government in terms of the Westport Harbour Act, 1920. Carried forward .. .. .. 40,154,124 17 2 .. .. 1,825,814 ! I

THE PUBLIC DEBT OF NEW ZEALAND. STATEMENT OF SECURITIES CHARGED ON THE PUBLIC REVENUES OF NEW ZEALAND AND OUTSTANDING ON 31st MARCH, 1933— continued.

B.—l |Pt. 1111.

PUBLIC ACCOUNTS, 193 2-1933

2—B. 1 [Pt. Ill].

9

Annual Charge. Amount Eemarks. outstanding. Due Date. ° $ 3 g Interest. When payable. ! *a £ s. d. % £ Brought forward .. .. .. 40,154,124 17 2 .. .. 1,825,814 New Zealand Loans Act, 1932 — continued. Debentures— continued. 590,000 0 0 1 April. 1949 3| 20,650 1 April and 1 Oct. 792,500 0 0 1 April, 1949 3f 29,719 1 April „ 1 Oct. 3,444.890 0 0 1 April, 1949 4 137,796 I 1 April „ 1 Oct. 601,880 0 0 1 July, 1949 4 24,075 1 Jan. „ 1 July 145,035 0 0 1 Oct., 1949 I 4 5,801 I 1 April ,, 1 Oct. 5,800 0 0 : 1 Oct., 1949 4J- 261 ! 1 April „ 1 Oct. 29,323 8 4 : 1 Oct., 1949 5 1,466 1 April ,, 1 Oct. 150,000 0 0 1 Feb., 1950 3 4,500 1 Feb. ,, 1 Aug. 47,553 19 6 1 Feb., 1950 3j 1,783 1 Feb. „ 1 Aug. 4,988,679 4 8 1 Feb., 1950 j 4 199,547 1 Feb. ,, 1 Aug. 40,410 0 Feb., 1950 I 4-| I 1,818 1 Feb. ,, 1 Aug. 23,340 0 0:1 Feb., 1950 i 5 1,167 1 Feb. ,, 1 Aug. 60,000 0 0 I 1 May, 1950 3i 2,100 1 May „ 1 Nov. 1,135,225 0 0 1 May, 1950 4~ 45,409 1 May ,, 1 Nov. 573,490 0 0 1 May, 1950 4£ 25,807 i 1 May ,, 1 Nov. 1,307,826 0 0 1 Aug., 1950 4 52,313 1 Feb. ,, 1 Aug. 426,575 0 0 1 Aug., 1950 4| 19,196 1 Feb. ,, 1 Aug. 38,043 3 7 1 Nov., 1950 3| 1,427 ; 1 May „ 1 Nov. 1,555,800 0 0 1 Nov., 1950 4 62,232 j 1 May ,, 1 Nov. 210,000 0 0 1 Nov., 1950 U 9,450 1 May ,, 1 Nov. 74,000 0 0 1 Dec, 1950 4" 2,960 1 June ,, 1 Dec. 48.000 0 0 15 Dec, 1950 4 1,920 : 15 June ,, 15 Dec. 104,000 0 0 1 Feb.. 1951 ! 5J 5,720 I 1 Feb. ,, 1 Aug. 125,000 0 0 1 Mar., 1951 3| 4,687 j 1 Mar. ,, 1 Sept. 955,372 5 0 1 Mar., 1951 4 38,215 1 Mar. ,, 1 Sept. 423,200 0 0 1 June, 1951 4 16,928 1 June ,, 1 Dec 1,730,880 0 0 1 June, 1951 4£ 77,890 ' 1 June ,, 1 Dec. 50,000 0 0 1 Sept., 1951 3J 1,750 '• 1 Mar. ,, 1 Sept. 3,598,875 0 0 1 Sept., 1951 4 143,955 i 1 Mar. ,, 1 Sept. 1,670 0 0 1 Sept., 1951 4J 75 1 Mar. „ 1 Sept. 382.300 0 0 30 Sept., 1951 4 15,292 31 Mar. ,, 30 Sept. 10,520 0 0 30 Sept., 1951 4£ 473 31 Mar. ,, 30 Sept. 41,213 8 11 1 Dec, 1951 3| 1,545 1 June „ 1 Dec. 2,566,945 0 0 1 Dec, 1951 4 102.677 1 June „ 1 Dec. 34,240 0 0 1 Dec, 1951 4J 1,541 1 June ,, 1 Dec. 479,200 0 0 1 Dec, 1951 5 23,960 1 June „ 1 Dec. 2,256 0 0 1 Jan., 1956 3J 79 1 Jan. „ 1 July Total debentures .. .. 66,948,167 7 2 Carried forward .. .. .. 66,948,167 7 2 .. .. 2,911,998

THE PUBLIC DEBT OF NEW ZEALAND. STATEMENT OF SECURITIES CHARGED ON THE PUBLIC REVENUES OF NEW ZEALAND AND OUTSTANDING ON 31st MARCH, 1933— continued.

B.—l [PT. Ill].

PUBLIC ACCOUNTS, 193 2-1933

10

Annual Charge. Amount Mj j _ , outstanding. Due Date. ° $ Remarks. S g Interest. WheD payable. ! Brought forward .. .. .. 66,948,167 7 2 .. .. 2,911,998 New Zealand Loans Act, 1932 — continued. Stook .. .. .. .. .. 46,990 0 0 15 Jan., 1933 5$ .. .. Unpresented 10,470 0 0 1 Feb., 1933 | 5| j 4,253,430 0 0 15 Aug.. 1933 | 5£ 223,305 15 Feb. and 15 Aug. 863.400 0 0 9 Oct., 1934 5J | 45,328 9 April „ 9 Oct. 79,000 0 0 J 1 July, 1935 5J 4,147 1 Jan. ,, 1 July 1,200 0 0 15 Dec., 1935 5£ 54 15 June ,, 15 Dec. 50,000 0 0 1 Feb., 1936 ' 4J I 2,250 1 Feb. ,, 1 Au<*. 3,789,580 0 0 1 Feb., 1936 I 5\ 208.427 1 Feb. ,, 1 An<r. 8,660 0 0 30 June, 1936 5 433 30 June ,, 31 Dec. 3,889,900 0 0 15 Feb., 1937 5J i 199,357 15 Feb. „ 15 Aug. 4,799,020 0 0 15 Feb.. 1937 5| j 263,946 | 15 Feb. „ 15 Aug. 1,965,250 0 0 1 Sept., 1937 5 ! 98,262 1 Mar. ,, ] Sept. 5,885,025 0 0 1 Sept., 1937 5J ! 323,676 1 Mar. ,, 1 Sept. 2,8.10 0 0 15 Nov., 1938 3 84 15 May ,, 15 Nov. 17,975,124 0 0 15 Nov., 1938 4-i 808,880 15 May ,, 15 Nov. 5,825,200 0 0 20 April, 1939 4| 262,134 20 April „ 20 Oct. 264,280 0 0 15 Jan., 1940 4 10,571 15 Jan. „ 15 July 2,931,400 0 0 15 June, 1940 5 | 146,570 15 June „ 15 Dec. 14,050 0 0 15 Dec, 1940 | 4J j 632 i 15 June ,, 15 Dec. 2,200 0 0 1 Feb., 1941 " 4J 99 1 Feb. ,, 1 Aug. 500 0 0 \ 1 May, 1941- ! 4* 22 1 May ,, 1 Nov. 32,200 0 0 1 July, 1941 4£ I 1,448 1 Jan. ,, 1 July 2,200 0 0 1 Aug., 1941 4£ j 99 .1 Feb. ,, 1 Aug. 4,000 0 0 1 Aug., 1941 5J I 220 1 Feb. ,, 1 Aug. 65,900 0 0 1 Sept., 1941 I 4£ j 2,965 1 Mar. ,, 1 Sept, 98,820 0 0 1 Sept., 1941 ! 5 4,941 1 Mar. ,, 1 Sept 2,984,180 0 0 1 Sept., 1941 ! 5J 156,669 1 Mar. ,, ISept. 11,000 0 0 ! 1 Mar., 1944 -14$ 495 1 Mar. „ 1 Sept. 1,648,500 0 0 1 Feb., 1951 5| 90,667 ! 1 Feb. ,, 1 Aug. Total stock .. .. .. 57,504,289 0 0 ', Consolidated stock .. .. .. 17,176,532 0 0 j 1 Jan., 1940 3J 601.179 | 1 Jan. and ] July 4,000,000 0 0 J 1 Jan., 1943* 4 160.000 1 Jan. ,, ljuly * Repayable at the option of the Government at par on 7,351,000 0 0 1 Mar., 1944 4J 330,795 1 Mar. ,, 1 Sept. or after 1st January. 1933, on three months' notice. 7,588,063 11 10 1 Mar.. 1945 4£ 341,463 | 1 Mar. ,, 1 Sept. 9,659,980 1 1 1 April, 1945 3 289,799 j 1 April ,, 1 Oct. 10,140,000 0 0 1 July, 1945f 5 507,000 1 Jan. ,, 1 July f Repayable at the option of the Government at par on 12,893,925 3 9 1 Jan., 1946 5 644,696 1 Jan. „ 1 July or after 1st July, 1935, on three months' notice. 11,256,348 7 9 j 1 Nov., 1947 4£ 506,536 1 May ,, 1 Nov. 7,600,000 0 0 15 Dec, 1949 5 375,000 15 June ,, 15 Dec. 1,250,000 0 0 1 Feb., 1951 5£ ', 68,750 1 Feb. ,, 1 Aug. Carried forward .. . .. 213,268,305 11 7 .. .. 9,592.897

THE PUBLIC DEBT OF NEW ZEALAND. STATEMENT OF SECURITIES CHARGED ON THE PUBLIC REVENUES OF NEW ZEALAND AND OUTSTANDING ON 31st MARCH, 1933— continued.

b.—i tpt. iiii .

PUBLIC ACCOUNTS. 1 932-193 3

3—B. 1 [Pt. Ill' .

11

Annual Charge. Amount ■ „ . outstanding. Due Date. °"| ttemarlLS. ■g 8 Interest. WheD payable. I j i I £ s. d. % j £ Brought forward .. .. .. 213,268.305 11 7 .. .. j 9,592,897 New Zealand Loans Act, 1932 — continued. Consolidated stock— continued. 5,899,000 0 0 1 Aug., 1951* 6 ! 353,940 | 1 Feb. and 1 Aug. * Repayable at the option of the Government at par on 19,227,987 13 3 1 Mar., 1958t] 4| j 865,259 i 1 Mar. ,, 1 Sept. or after 1st August, 1936, on three months' notice. 10,884,628 0 0 1 Feb., 19631! 4 435,385 1 Feb. ,, 1 Aug. f Repayable at the option of the Government at par on 5,000,000 0 0 1 Nov., 1971§ 5 250,000 1 May ,, 1 Nov. or after 1st March, 1948, on three months' notice. % Repayable at the option of the Government at par on or Total Consolidated Stock .. .. .. 129,827,464 17 8 after 1st February, 1943, on three months' notice. § Repayable at the option of the Government at par in whole or in part on or after 1st November, 1956, on three months' notice. Funded Debt .. .. .. .. 577,446 11 5|| 1 June, 194511 j .. 28,363** 1 June and 1 Dec. |j Balance of £27,532,164, Imperial Government advances, I 23,522,752 19 2|| 1 Dec, 1957<j| | .. I 1,164,867** 1 June „ 1 Dec. funded in terms of section 8, Finance Act, 1922. Details of original loan as funded shown in B.-l [Pt. 24,100,199 10 7 II], 1921-22. If Approximately. Treasury Bills .. .. .. .. 65,000 0 0 21 June, 1933 I 3| 2,437 21 June and 21 Dec. ** Payments suspended in terms of agreement with Imperial Government. Banks Indemnity (Exchanoe) Act, 1932-33 — Treasury Bills .. .. .. .. 2,380,337 0 0 30 April, 1933 129,430 Deed op Security .. .. .. .. 212,500 0 Oft 1 Nov., 1934 5J '] 11,156 1 May and 1 Nov. tt Deed executed as security for payment of purchasemoney, Horahora Electric-power Works. Total securities charged on the Public Revenues 281,037,957 15 5 .. .. 12,833,734 \ Amortization Charges. l,378,3491t Repayment of the J J Estimated. Public Debt Act, 1925 458,700§§ Funded Debt .. §§ Represents principal repayment also suspended by agreement with Imperial Government. 18,025|||] Electric Supply ||[| Payable from the Electric Supply Account. Estimated. Sinking Fund 8,214*f State Coal-mines *t Payable from the State Coal-mines Account. Estimated. Sinking Fund 10,859*{ Westport Harbour *% £3,859 sinking fund, 4i per cent, payable in respect of ! Sinking Fund sinking funds used for redemption; and £7,000 sinking j 1,874,147 fund, 1 per cent, payable on £700,000 Westport Harbour Loans. Carried forward .. . .. 281,037,957 15 5 .. .. 14,707,881 . _J

B.—l [Pt. Ill].

THE PUBLIC DEBT OF NEW ZEALAND. STATEMENT OF SECURITIES PAYABLE FROM THE CONSOLIDATED FUND AND OUTSTANDING ON 31st MARCH, 1933.

PUBLIC ACCOUNTS, 1932-1933.

a Sinking funds to the amount stated below exist for the extinction of that portion of the debt relating to the following accounts : State Coal-mines Account, £8,299 9s. Bd.; Electric Supply Account, £83,791 125.; Westport Harbour Account, £235,903 14s. 2d.; Samoan Loan Suspense Account, £11 9s. lid.; State Advances Account— Advances to Settlers Branch, fi ,910,946 Bs. 2d.; Advances to Workers Branch, £86,342 12s. 10d.; Advances to Local Authorities Branch, £184,249 14s. 7d.: total, £2,509,545 Is. 4d., particulars of which appear on pages 16 and 17. In addition to the special sinking funds mentioned above, special provision exists for the repayment of that portion of the debt funded by agreement with the Imperial Government, particulars of which are given on page 13. It is estimated that this portion of the debt would under the original agreement be extinguished during the financial year ending on the 31st March, 1958. Payments have been suspended by arrangement with the Imperial Government. By the Repayment of the Public Debt Act, 1925, means are provided whereby the whole of the Public Debt other than those portions for which separate sinking funds exist will be extinguished in approximately sixty years from the time of coming under the provisions of the Act. The total of loans coming within the provisions of the Repayment of the Public Debt Act, 1925, is £208,209,199. The Redemption Fund Capital Account under the above Act is as follows : (1) Held by State Advances Office, £3,258,955 19s. 4d. ; (2) held by Public Trustee, £7,966,688 lis. 2d.; (3) held in Discharged Soldiers Settlement Account, £8,000,000: total, £19,225,644 10s. 6d. The interest on the Redemption Fund capital is paid over to the Consolidated Fund as a set-off against the annual payments made by the latter fund to the Repayment of the Public Debt Account— viz., \ per cent, of the public debt comins under the provisions of the Act, together with 3J per cent, of the debt redeemed in accordance with the Act.

12

Annual Charge. Amount Hpmarkft outstanding. Due Date. ° $ £ £ Interest. When payable. P3« 1 I ] ! £ s. d. I °/ £ Brought forward .. .. .. ,281,037,957 15 5 .. 14,707,881 Public Revenues Act, 1926, Section 41— Treasury Bills .. .. .. .. 100,000 0 0 j 30 June, 1933 j 3 3,000 10,000 0 0 I 25 Aug., 1933 4 1 400 1,475,000 0 0 31 Mar., 1934 S 3 | 44,250 ' 1,585,000 0 0 Finance Act, 1931 (No. 4), Section 7, SubsecSECTION (2) Deed of hypothecation over Discharged Soldiers 2,250,000 0 0 .. 5J 123,750 31 Mar. and 30 Sept. Settlement securities j * .. 200,000* .. * Repayable £200,000 per annum or ninety days after Total securities payable from the Consolidated 3,835, 000 0 0 .. .. .. demand. Fund Total securities outstanding 31st March, 1933.. 284,872,957 15 5a .. .. 15,079,281 — — ! i Analysis of Annual Chabge. £ : Interest .. .. .. 13,005,134 Amortization .. .. 2,074, 147 ! £15,079,281 j

B.—l [Pt. Ill].

PUBLIC ACCOUNTS, 1932-1933.

Statement of Securities issued by the Rural Advances Branch of the State Advances Office charged upon the Assets of that Branch of that Office and outstanding on 31st March, 1933.

Particulars of the Public Debt funded in Terms of Finance Act, 1922, Section 8.

13

Amount of Debt Total Debt repaid «S.*E52£ AnnualCharge. *""<*• .Ut 1983. 31 S 1933. **™* o ( j When payaMe. Finance Act, 1922, sec. 8 :— Advances from the Imperial Government funded in terms of the above Act on the basis of an annuity of 6 per cent. Interest at the rate of £4 19s. 5-88d. per cent, per annum,— £ £ £ £ Public Revenues Amendment Act, 1914, sec. 8 (War Expenses) 2,067,411 237,040 1,830,371 .. .. 124,045 1 June and 1 Dec. Public Revenues Amendment Act, 1915, sec. 5 (War Expenses) 8,105,992 929,395 7,176,597 .. .. 486,360 1 June „ 1 Dec. Finance Act, 1916, sec. 35 .. .. .. .. 4,736,842 543,104 4,193.738 .. .. 284,212 1 June „ 1 Dec. War Purposes Loan Act, 1917 .. .. .. .. 4,830,000 553,785 4,276,215 .. .. 289,800 1 June „ 1 Dec. Finance Act, 1918, sec. 10 .. .. .. .. 6,600,000 756,725 5,843,275 .. .. 396,000 1 June „ 1 Deo. Total War Loans .. .. .. .. 26,340,245 3,020,049: 23,320,196 .. .. 1,580,417 Naval Defence Act, 1909 .. .. .. .. 963,131 385,684 577,447 .. .. 57,787 1 June „ 1 Dec. Aid to Public Works and Land Settlement Act, 1910 .. 191,010 21,900 169,110 .. .. 11,460 1 June „ 1 Dec. Land for Settlements Act, 1908 .. .. .. .. 37,778 4,332 33,446 .. .. 2,266 1 June „ 1 Dee. Totals .. .. .. .. .. 27,532,164 3,431,965 j 24,100,199 ! * * 1,651,930* * Annual instalment of principal and interest £1,651,929 16s. 8d., but all instalments subsequent to 1st June, 1931, have been suspended. The amount of interest and repayment of debt varies with each instalment, and details will again be shown when payment of instalments is resumed.

1 Annual Charge. Authorizing Act. outstanding. DetaUs - Dae Date. Rate. Amount. When payable. £ £ % £ Rural Advances Act, 1926 — Debentures , «, M f 10,000 15 September, 1938 5 500 h .. .. 15 September, 1947 5 171,152 i }-15 March and 15 September. Scrip Certificates .. .. 780,000 780,000 15 September, 1947 5 39,000 J Total outstanding .. 4,213,050 4,213,050 .. .. 210,652

B.—l FPt. III!.

LOANS GUARANTEED BY THE GOVERNMENT. Contingent Liability outstanding on 31st March, 1933.

PUBLIC ACCOUNTS, 1932-1933

14

amount Rate. accumulated Loans guaranteed Authority fob Government Guarantee. outstandins Dde Datk - SiNKise Bemakxs. Int. < 8.F. VusD - LOANS OF LOCAL AUTHORITIES. £ £ % % £ Auckland City Council (Grey Lynn Borough Local Bodies' Loans Amendment Act, 1908 .. «! 12 '500 / 45,00 ° \18Aug" 1941 4J f 1 18,775 0 8 Christchurch City Council .. .. Local Bodies' Loans Amendment Act, 1908 .. .. 9,500 3 Dec., 1942 Uj 1J 6,007 9 11 Cambridge Borough Council .. .. Local Bodies' Loans Amendment Act, 1908 .. / jj'jjoo !}■ 5 . 000 30 April, 1942 4| 1 2,091 5 6 ■* ment Act, 1908, one-half of Levin Borough Council Local Bodies' Loans Amendment Act, 1908 .. !. 18,000 19 June, 1942 4| ■ If 10,920 12 3 J" nd " payable by Port Chalmers Borough Council .. .. Local Bodies' Loans Amendment Act, 1908 .. .. 3,500 1 July, 1942 4J j 1 1,512 4 9 y, Taihape Borough Council .. .. Local Bodies' Loans Amendment Act, 1908 .. .. 25,000 1 Aug., 1942 4j j 1 10,100 4 11 J Auckland City Council (Electric-power Ex- Local Bodies' Loans Act, 1913, Part IV .. .. 500,000 16 Mar., 1942 6J j 2£ 199,286 6 7 j tension Loan) Havelock North Town Board .. .. Local Bodies' Loans Act, 1913, Part IV .. <[ 1 | 65 o !j 21,075 i jury! 1948 5 if *744 4 5 '.'. Te Puke Town Board .. .. .. Local Bodies' Loans Act, 1913, Part IV .. !. ! 11,000 1 Jan., 1948 4J j 1| 4,626 0 0 ttt • tt -i 7 t> j f Local Bodies' Loans Act, 1913, Part IV, and "] ,o nno ■• » u 1q ,o ci 04 4. 77t is 9 Wanganm Hospital Board I Hospitals and Charitable Institutions Amend- }■ " S 1 ™ S 3 f'loB 7 7 0 Palmerston North Hospital Board | ment Act 1920 (No 2) " d,OOU i AprU, 194d \ tf 1,10b 1/ 0 Thames Valley Electric-power Board .. Local Bodies' Loans Act, 1913, Part IV .. .. 350,000 1 Sept., 1954 6 1£ 77,500 0 0 j Redeemable at option of Board on or after 1st September, 1936. Southland Electric-power Board .. .. Local Bodies' Loans Act, 1913, Part IV, and/ 750, 000 \ , ,- no nnft ,- H . iqc d / 6 ■Xμ (169,935 10 5! Redeemable at option of Board Finance Act, 1920, sec. 44 \ 750,000/ x ' ouu - uuu «> oept., g ] j 128:108 u 3] O n or after 15th September, 1936. Greymouth Harbour Board .. .. Greymouth Harbour Loans Consolidation Act, .. 260,000 14 July, 1952 4 1 I 90,125 11 6 1910, and Amendment Act, 1910 Oamaru Harbour Board .. .. Reserves and other Lands Disposal and Public .. 215,000 1 April, 1952 4 1 83,010 18 1 Bodies Empowering Act, 1910, sec. 96 OTHER LOANS. Bank of New Zealand Guaranteed Stock .. Bank of New Zealand Act, 1913, sec. 3 .. .. 529,988 19 July, 1934 4 Land Settlement Finance Debentures .. Land Settlement Finance Act, 1909, sec. 13 .. .. 194,156 15/7/33 to 12/10/38 5

B.—l [Pγ. Hl].

PUBLIC ACCOUNTS, 1932-193 3

STATEMENT of the RECEIPTS and DISBURSEMENTS of the SINKING

16

RECEIPTS. £ s. d. £ s. d. ADVANCES OFFICE SINKING FUND :— Tn respect of Funds with the Superintendent,— Advances to Settlers Branch — Accumulation held on 31st March, 1932 .. .. .. .. .. 1,822,687 16 7 Interest on Investments .. .. .. .. .. .. .. 88,258117 1,910,946 8 2 Advances to Workers Branch— ' Accumulation held on 31st March, 1932 .. .. .. .. .. 82,354 16 4 Interest on Investments .. .. .. .. .. .. .. 3,987 16 6 86,342 12 10 Local Authorities Branch — Accumulation held on 31st March, 1932 .. .. .. .. .. 175,740 0 4 Interest on Investments .. .. .. .. .. .. .. 8 1 509 14 3 184,249 14 7 STATE COAL-MINES SINKING FUND:— Accumulation held on 31st March, 1932, — In State Coal-mines Sinking Fund Account .. .. .. .. .. 7 ( 990 5 6 Transfer from State Coal-mines Account, Finance Act, 1928, section 22, — Subsection (1) —2 per cent, of amount of Loans raised to 31st March, 1933, less amount redeemed otherwise than from the Sinking Fund .. 4,552 0 5 Subsection (3) —4 per cent, of amount redeemed to 31st March, 1932 .. 3,436 14 2 Subsection (3) —4 per cent, of amount redeemed from Sinking Fund during the current year from the date of redemption .. .. .. 225 13 0 8,214 7 7 Interest on Investments .. .. • .. .. .. .. .. 44 16 7 16,249 9 8 NAURU AND OCEAN ISLANDS SINKING FUND :— Accumulation held on 31st March, 1932, — In Nauru and Ocean Islands Sinking Fund Account .. .. .. .. 65 4 5 65 4 5 SAMOAN LOAN SINKING FUND :— Accumulation held on 31st March, 1932, — In Deposits Account, Samoan Loan Sinking Fund Account .. .. .. 22 392 3 6 Contribution by Samoan Treasury .. .. .. .. .. .. 17 8 Interest on Investments .. .. .. .. .. .. .. 1' ogg g g 26,166 9 11 ELECTRIC SUPPLY SINKING FUND :— Accumulation held on 31st March, 1932, — In Electric Supply Sinking Fund Account— Horahora Scheme .. .. .. .. .. .. 5,606 102 Lake Coleridge Scheme .. .. .. .. .. .. 56,452 5 8 1 62,058 15 10 Transfer from Electric Supply Account in accordance with section 12 of State Supply of Electrical Energy Act, 1917, — Lake Coleridge Scheme .. .. .. .. .. .. .. 18,024 19 5 Interest on Investments .. .. .. .. .. .. .. 3 907 jg 9 83,991 12 0 WESTPORT HARBOUR LOANS SINKING FUND:— Finance Act, 1928, section 13, — Accumulated funds as at 31st March, 1932 .. .. .. .. .. 261,827 16 3 Subsection (4) (a) —Contribution for the financial year 1932-33 .. .. 7 000 0 0 Subsection (4) (c) —Contribution at the rate of 4| per cent, per annum in respect of Sinking Funds used during the year to redeem debentures, from the date of payment .. .. .. .. .. .. 1 \qq jg 2 Subsection 4 (d) —Contribution at the rate of 4| per cent, per annum in respect of Sinking Funds used to 31st March, 1932, to redeem debentures .. .. .. .. .. ., .. ,, j 743 g q Interest on Investments .. .. .. .. .. .. .. H 145 ig 9 282,828 14 2

B.—l [Pt. 1111

PUBLIC ACCOUNTS, 1932-1933.

FUNDS during the FINANCIAL YEAR ended 31st March, 1933.

17

DISBURSEMENTS. £ s. d. ADVANCES OFFICE SINKING FUND:— In respect of Funds with the Superintendent,— Advances to Settlers Branch— Accumulation held on 31st March, 1933 .. .. .. .. .. .. 1,910,946 8 2 Advances to Workers Branch— Accumulation held on 31st March, 1933 .. .. .. .. .. .. 86,342 12 10 Local Authorities Branch— Accumulation held on 31st March, 1933 .. .. .. .. .. . 184,249 14 7 STATE COAL-MINES SINKING FUND Securities redeemed in terms of section 22 (2) of the Finance Act, 1928 .. .. .. 7,950 0 0 Accumulation held on 31st March, 1933, — In State Coal-mines Sinking Fund Account .. .. .. .. .. .. 8,299 9 8 16,249 9 8 NAURU AND OCEAN ISLANDS SINKING FUND :— Amount transferred to Loans Redemption Account in terms of section 13 of the Finance Act, 1932 . . .. .. .. .. . . .. .. .. .. 65 4 5 65 4 5 1 SAMOAN LOAN SINKING FUND Loans redeemed in terms of section 4 of the Finance Act, 1932 (No. 2) .. .. .. 26,155 0 0 Accumulation held in Deposits Account, Samoan Loan Sinking Fund Account, on 31st March, 1933 11 9 11 26,166 9 11 ELECTRIC SUPPLY SINKING FUND Securities redeemed in terms of section 23 (1), Finance Act, 1928.. .. .. .. 200 0 0 Accumulation held in Electric Supply Sinking Fund Account on 31st March. 1933,— £ s. d. Horahora Scheme .. ,. .. .. .. .. 5,811 18 2 Lake Coleridge Scheme .. .. .. .. . . 77,979 13 10 83,791 12 0 83,991 12 0 WESTPORT HARBOUR LOANS SINKING FUND Finance Act, 1928, section 13, —• Subsection (3) —Debentures redeemed .. .. .. .. .. .. 46,900 0 0 Annual fee for administering fund .. .. .. .. .. .. .. 25 0 0 Accumulation held by the Public Trustee on 31st March, 1933 .. .. .. .. 235,903 14 2 282,828 14 2

B.—l [Pt. lII].

PUBLIC ACCOUNTS, 1932-193 3.

STATEMENT of SINKING FUNDS ACCRUED to the 31st March, 1933, in respect of various Loans.

A. D. Park, Secretary to the Treasury. Examined and found correct. G. F. C. Campbell, Controller and Auditor-General. B. C. Ashwin, t „ , ~ , -,„„„ Second Assistant Secretary to the Treasury. Audit Office, Bth November, 1933. The Treasury, Wellington, Bth November, 1933,

Approximate Cost of Paper.—Preparation, not aiveri; printing (554 copies), £31,

By Authority : G. H. Lokey, Government Printer, Wellington.—l 933.

Price 9d.~\

18

PUBLIC DEBT :— £ s. d. £ s. d. State Coal-mines Sinking Fund, — Funds held in State Coal-mines Sinking Fund Account .. .. .. 8,299 9 8 Samoan Loan Sinking Fund, — Funds held in Deposits Account, Samoan Loan Sinking Fund Account.. .. 119 11 Electric Supply Sinking Fund,— Funds held in Electric Supply Sinking Fund Account — Horahora Scheme .. ., .. .. .. .. 5,811 18 2 Lake Coleridge Scheme ■.. ... .. .. .. 77,979 13 10 83,791 12 0 Westport Harbour Loans Sinking Fund. — Funds held by the Public Trustee .. .. .. .. .. 235,903 14 2 STATE ADVANCES DEBT :- Advances Office Sinking Fund, — Funds held by the State Advances Office — Advances to Settlers Branch .. .. .. .. .. 1,910,946 8 2 Advances to Workers Branch .. .. .. .. .. 86,342 12 10 Advances to Local Authorities Branch .. .. .. .. 184,249 14 7 2,181,538 ]5 7 £2,509,545 1 4