PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1940-1941.

Appendix to the Journals of the House of Representatives, 1941 Session I, B-01-part01

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' < ; < ' r ■ ( ) ! i, 1941. NEW ZEALAND.

PUBLIC ACCOUNTS FOR THE FINANCIAL YEAR 1940-1941.

PRESENTED TO PARLIAMENT IN ACCORDANCE WITH THE PUBLIC REVENUES ACT, 1926, AND THE NEW ZEALAND CONSTITUTION ACT, 1852.

I—B.1 —B. 1 [Pt. I].

B.—l [PT. I].

CONTENTS.

ABSTRACT OP THE PUBLIC ACCOUNTS:— Receipts and Expenditure,— Consolidated Fund— page Ordinary Revenue Account .. .. .. .. .. .. .. 4 Deposits Account .. .. .. .. .. .. .. .. 8 Public Works FundGeneral Purposes Account .. .. .. .. .. .. .. 10 Electric Supply Account .. .. .. .. .. .. .. 12 Electric Supply Sinking Fund Account .. .. .. .. .. .. 12 Other Accounts— Bank of New Zealand Shares Account .. .. .. .. .. .. 14 Land for Settlements Account .. .. .. .. .. .. .. 14 Loajts Redemption Account .. .. .. .. .. .. .. 16 Main Highways Account .. .. .. .. .. .. .. .. 18 Public Debt Repayment Account .. .. .. .. .. .. 20 Remittances to London Account .. .. .. .. .. .. .. 20 Reserve Fund Account .. .. .. .. .. .. .. .. 20 Social Security Fund .. .. .. .. .. .. .. .. 22 State Coal-mines Account .. .. .. .. .. .. .. 22 State Forests Account .. .. .. .. .. .. .. .. 24 War Expenses Account .. .. .. .. .. .. .. .. 26 Working Railways Account .. .. .. .. , . .. .. 28 Public Account Cash Balance Investment Account .. .. .. .. 28 Summaby of Balances .. .. .. .. .. .. .. • • 30 ISSUES COMPARED WITH THE SUMS VOTED UNDER APPROPRIATION ACT, 1940 .. 31 CIVIL LIST ACT, 1920 .. .. .. .. .. .. .. .. .. 36 UNAUTHORIZED EXPENDITURE ACCOUNT Consolidated Fund,— Ordinary Revenue Account .. .. .. .. .. .. .. .. 38 Public Works Fund, — General Purposes Account .. .. .. .. .. ■■ •• 39 ■Electric Supply Account .. .. .. .. .. 1 ••• .. 40 Social Security Fund .. .. .. .. .. .. .. .. .. 40 State Coal-mines Account .. .. .. .. .. .. .. .. 40 State Forests Account .. .. .. .. .. . • .. • • • • 40 Post Office Account .. .. .. .. .. .. .. .. • • 40 Public Trustee's Account .. .. .. .. .. .. .. .. 40 Internal Marketing Account .. .. .. .. .. .. • • • • 41 Fruit Industry Account .. .. .. .. .. .. .. .. ■ • 41 Statement of Surplus Credits-in-aid applied in Terms of Section 51 (3) of the Public Revenues ACT, 1926 .. .. .. .. • • • ■ • ■ • • • ■ 41 Summary .. .. .. .. .. .. •• •• •• •• •• SUMMARY OF CERTIFIED STATEMENTS OF LIABILITIES .. .. .. .. .. 42

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ABST B A C T OF THE Rbybnub and Expenditdeb OF THE PUBLIC A CCO U NT OF .NEW ZEALAND FOR THE YEAR ENDED 31st MARCH, 1941.

2—B. 1 [FT. IJ,

B. —1 [Pt. I].

PUBLIC ACCOUNTS, 19 40-1941.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1941, compared with the Year ended 31st March, 1940.

4

Year Year ended 3JSt Maroii, ENDED 31BT MARCH, RECEIPTS. 1941 1940. £ s. d. Balances at beginning of Year, — ' £ s. d. £ s. d. 1,492,554 10 7 Cash .. .. .. .. .. .. .. .. .. 309,12112 11 86,524 3 7 Imprests outstanding .. .. .. .. .. .. .. 232,241 19 1 541,363 12 0 1,579,078 14 2 Investment Account— 960,775 15 4 Securities held .. .. .. .. .. ■■ -■ 1,511,162 11 10 Taxation, — £ s. d. 9,946,857 12 9 Customs .. . . .. .. .. .. 8,777,756 19 0 1,378,999 9 11 Beer Duty .. .. .. .. .. .. 1,602,029 17 5 3,510,129 11 3 Sales Tax .. .. .. .. .. .. 3,502,533 7 11 93,117 8 2 Film-hire Tax .. .. .. .. .. .. 94,973 13 10 116,888 17 7 Gold-export Duty .. .. .. . .. 108,915 4 0 2,997,441 0 10 Highways .. . .. 2,393,756 8 4 3,469,012 18 1 Stamp and Death Duties. .. .. .. .. 1,697,778 16 10 1,019,084 8 4 Land-tax .. .. .. .. .. .. 959,417 15 4 10,271,352 1 3 Income-tax .. ,. . . .. .. ..15,720,489 16 10 7,715 11 1 Miscellaneous .. .. .. .. .. .. 16,080 0 11 34,873,732 0 5 32,810,598 19 3 Interest, — On Capital Liability— 1,189,031 6 1 Working Railways .. .. .. .. .. 1,694,643 10 10 639,000 0 0 Postal and Telegraph .. .. .. .. .. 665,000 0 0 445,556 8 8 On the Publio Debt Redemption Fund .. .. .. 396,519 14 10 635,158 4 0 On other Public Moneys .. .. .. .. 528,683 0 8 3,284,846 6 4 2,908,745 18 9 Other Receipts,— 308,282 16 6 Registration and other Fees .. .. .. 319,661 19 7 395,488 13 3 Territorial Revenue .. .. .. .. .. 434,511 2 9 159,203 2 8 External Affairs .. .. .. .. 176,344 6 1 172,765 5 8 Justice .. .. .. .. .. 160,366 13 3 159,456 2 10 Marine.. .. .. .. .. .. .. 151,505 8 2 5,658 10 5 Native .. ., .. .. < .. . 4,738 6 2 300,827 2 8 Printing and Stationery .. .. .. .. .. 291,905 5 3 420,142 13 3 Profits of Trading Institutions .. .. .. .. 419,852 14 10 63,188 4 5 Stamp Duties .. .. .. .. .. .. 64,145 1 1 114,962 15 6 Tourist and Health Resorts .. .. .. .. 112,565 18 10 129,971 14 5 Miscellaneous .. . .. .. .. 131,307 18 4 18,563 16 3 Recoveries on account of Expenditure of previous Years .. 12,117 3 6 Recoveries on acoount of Unauthorized Expenditure of previous 6,303 3 0 Years .. .. .. .. .. .. 326 17 3 _ 2,279,348 15 1 2,254,814 0 10 40,437,927 1 10 40,514,013 8 4 Carried forward .. .. .. .. •• ! 42,490,453 5 8 I l

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.PUBLIC ACCOUNTS, 1 940-1941.

ORDINARY REVENUE ACCOUNT.

5

Year Year ended 31st March, ended 31st March, 1941. 1940. EXPENDITURE. , Net. Gross. Credits. J Net. £ s. d. Permanent Appropriations,— £ s. d. £ a. d. £ s. d. Under Special Acts of the Legislature— 27,032 17 11 Civil List .. .. .. -■ .. .. 27,005 1 3 .. 27,005 1 3 Debt Services — 7,982,505 4 8 Interest 10,951,001 3 11 2,798,415 7 11 8,152,585 16 0 Amortization of Debt — 10,858 15 0 Sinking Fund .. .. .. .. •• 10,858 15-0 .. 10,858 15 0 1,892,377 10 6 Repayment of the Public Debt Act, 1925, Section 11 .. 2,074,062 4 10 .. 2,074,062 4 10 252,331 7 7 Transfer to Loans Redemption Account .. . • 1,696,715 2 10 .. 1,696,715 2 10 330,068 2 1 Administration and Management .. .. .. 66,162 0 0 3,904 2 7 62,257 17 5 Or. 2,512 13 2 Payments on Guaranteed Loans .. .. •• 617 10 0 22 2 4 595 7 8 10,465,628 6 8 Total, Debt Services 14,799,416 16 7 2,802,341 12 10 11,997,075 3 9 Other Services — 1,704,716 7 6 Exchange 3,422,858 10 2 1,019,497 7 9 2,403,361 2 5 Highways — Tire Tax, Fees and Fines transferred to Main Highways 722,382 7 7 Acoount .. .. .. .. .. 636,360 15 1 .. 636,360 15 1 Tax on motor spirits transferred to Main Highways 2,057,000 17 7 Account 1,581,792 19 7 .. 1,581,792 19 7 Motor-vehicles: Mileage Tax and Penalties transferred 10,715 2 8 to Main Highways Account .. .. .. 11.197 2 6 .. 11,197 2 6 181,367 19 6 Tax on Motor spirits, paid to Boroughs .. .. 144,222 17 11 .. 144,222 17 11 Motor-vehicles : Mileage Tax and Penalties paid to 801 19 0 Boroughs .. .. .. .. .. 1,134 4 1 .. 1,134 4 1 27,541 4 11 Expenses of collecting and making Refunds .. .. 25,878 12 2 .. 25,878 12 2 2,999,809 11 3 2,400,586 11 4 .. 2,400,586 11 4 Grants and Subsidies — Payments to Raoing Clubs of Proportion of Totalizator 46,737 18 0 Duty.. .. .. •• . • •• 46,966 15 9 .. 46,966 15 9 200,000 0 0 Subsidies to Superannuation Funds.. .. .. 200,000 0 0 .. 200,000 0 0 6,292 18 0 Miscellaneous Grants and Subsidies .. .. 6,692 10 9 .. 6,692 10 9 253,030 16 0 253,659 6 6 .. 253,659 6 6 Salaries and Honoraria — 45,366 1 3 Legislative .. .. .. .. .. 44,769 5 10 .. 44,769 5 10 19,427 15 8 Justice 18,183 0 9 .. 18,183 0 9 6,800 0 0 Other Salaries .. .. .. .. 8,460 12 10 .. 8,460 12 10 16 11 71,412 19 5 .. 71,412 19 5 3,144 17 6 Advances .. .. .. .. ■. .. 183,995 5 6 74,389 19 0 109,605 6 6 2,287,825 13 0 Defence .. 29,820 19 5 Other Special Aots .. .. .. .. .. 44,000 17 10 4 19 5 43,995 18 5 7,349,942 1 7 Total, Other Services .. 6,376,513 10 9 1,093,892 6 2 5,282,621 4 7 17,842,603 6 2 Total, Permanent Appropriations .. 21,202,935 8 7 3,896,233 19 0 17,306,701 9 7 17,842,603 6 2 . Carried forward .. . . .. .. 21,202,935 '8 7 3,896,233 19 0 17,306,701 9 7

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PUBLIC ACCOUNTS, 1940-1 9 41..

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the Year ended 31st March, 1941, compared with the Year ended 31st March, 1940—continued.

6

I I ..UJU. i RECEIPTS. TEAU BND 5U l8T MabOH ' 1940. ml ' li s. d. £ s. d. £ 8. d. 40,514,013 8 4 Brought forward.. ... .. .. .. 42,400,453 5 8 40,514,013 8 4 Carried forward .. .. .. .. .. .. .. 42,490,453 5 8

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PUBLIC ACCOUNTS, 1940-1941.

ORDINARY REVENUE ACCOUNT —continued.

7

YEAR ! YEAR ENDED 31ST MABOH, ended 31st March, 1941. 1940. EXPENDITURE. Net - Gross. Credits. Net. £ s. d. £ s. d. £ s. d. £ s. d. 17,842,603 6 2 Brought forward .. .. .. .. 21,202,935 8 7 3,896,233 19 0 17,300,701 9 7 Annual Appropriations,— Vote— 105,481 7 0 Legislative .. .. .. .. .. .. 111,953 8 7 868 17 0 111,084 11 7 26,244 12 0 Prime Minister's Department .. .. .. .. 24,549 18 10 23 3 5 24,526 15 5 Finance — 49,210 17 8 Treasury .. .. .. .. .. . .. 146,317 8 3 86,539 16 1 59,777 12 2 158,389 13 3 Customs .. .. .. .. .. 1 .. 180,844 19 7 27,266 11 0 153,578 8 7 155,259 4 6 Land and Income Tax .. .. .. .. 310,947 18 8 125,499 0 0 185,448 18 8 97,531 3 5 Stamp Duties .. .. .. .. .. 104,154 12 4 1,727 8 7 102,427 3 9 33,812 0 1 Audit .. .. ... .. .. .. 78,821 9 11 38,921 10 6 39,899 19 5 494,202 18 11 Total—Finance .. .. .. .. 821,086 8 9 279,954 6 2 541,132 2 7 General Administration— 13,454 6 7 Public Service Commissioner's Office .. .. .. 17,044 1 0 940 0 8 16,104 0 4 518,400 2 11 Internal Affairs .. .. .. .. .. 712,128 0 7 165,909 4 3 546,218 16 4 208,213 4 6 External Affairs .. .. .. .. .. 248,286 10 1 38,554 6 9 209,732 3 4 250,818 5 4 Printing and Stationery .. .. .. .. 293,183 15 5 .. 293,183 15 5 179,426 0 8 Marine .. .. .. .. .. 177,432 3 8 8,647 9 6 168,784 14 2 2,881,907 18 4 Labour .. .. .. .. .. .. 2,628,476 16 4 111,150 4 7 2,517,326 11 9 535,744 8 5 Native .. .. .. .. .. .. 437,303 15 5 24,399 10 9 412,904 4 8 48,503 5 6 Valuation .. .. .. .. .. 57,021 18 11 19,461 18 5 37,560 0 6 10,451 II 5 Electoral .. .. .. .. .. .. 8,192 4 5 59 4 8 8,132 19 9 33,850 1 6 Census and Statistics .. .. .. .. 35,517 16 7 2,494 19 3 33,022 17 4 National Service .. .. .. .. .. 174,491 11 3 73,580 19 2 100,910 12 1 4,680,769 5 2 Total—General Administration .. .. 4,789,078 13 8 445,197 18 0 4,343,880 15 8 I Law and Order— 279,462 14 1 Justice and Prisons .. .. .. .. 367,687 10 10 96,046 17 0 271,640 13 10 8,401 3 5 Crown Law Office .. .. .. .. .. 8,618 2 7 270 0 2 8,348 2 5 627,501 11 3 Police .. .. .. .. .. ,. 655,042 3 6 5,326 12 1 649,715 11 5 915,365 8 9 Total—Law and Order .. .. .. 1,031,347 16 11 101,643 9 3 929,704 7 8 Defence— 169,139 0 8 Navy 541,969 7 2 Army 215,503 19 2 Air 926,612 7 0 Total—Defence 1,090,598 3 0 Maintenance of Public Works and Services .. .. 5,316,388 6 10 4,740,691 8 3 575,696 18 7 Development of Primary and Secondary Industries— 306,180 13 10 Lands and Survey .. .. .. .. .-. 438,333 0 3 70,155 14 0 368,177 6 3 970,337 17 9 Agriculture .. .. .. .. .. 1,775,442 17 4 163,458 14 5 1,611,984 2 11 350,883 11 2 Industries and Commerce, Tourist, and Publicity .. 764,144 7 7 • 75,302 6 0 688,842 1 7 157,049 4 4 Scientific and Industrial Research .. .. .. 196,960 9 9 32,886 18 10 164,073 10 11 74,484 17 1 Mines .. .. .. .. .. .. 249,134 14 2 16,071 14 7 233,062 19 7 83,062 15 10 Transport.. ... .. .. .. .. 93,032 0 5 25,670 5 9 67,361 14 8 1,941,999 0 0 Total—Development of Primary and Secondary 3,517,047 9 6 383,545 13 7 3,133,501 15 11 Industries ' Social Services— 1,519,139 0 2 Health .. .. .. .. .. .. 1,530,702 11 10 107,093 9 11 1,423,609 1 11 303,752 16 9 Mental Hospitals .. .. .. .. .. 685,605 0 2 259,934 8 7 425,670 II 7 4,471,808 13 .1 Education .. .. .. .. .. 4,751,865 16 6 145,519 1 3 4,606,346 15 3 2,016,811 4 1 War and other Pensions .. .. .. .. 1,965,886 J 8 8,669 5 1 1,957,216 16 7 1,000,000 0 0 Social Seourity .. .. .. .. .. 3,200,000 0 0 .. 3,200,000 0 0 119,617 14 0 National Provident and Friendly Societies .. 104,810 19 11 .1,297 9 6 103,513 10 5 9,431,129 8 1 Total—Social Services .. .. .. 12,238,870 10 1 522,513 14 4 11,716,356 15 9 Unauthorized Expenditure— 199,814 2 7 Services not provided for .. .. .. .. 200,895 3 1 .171,977 15 2 28,917 7 11 19,812,216 12 6 Total, Annual Appropriations .. .. .. 28,051,217 16 3 6,646,416 5 2 21,404,801 II 1 37,654,819 18 8 Carried forward .. .. .. .. |49,254,153 4 10 10,542,650 4 2 38,711,503 0 8

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PUBLIC ACCOUNTS, 1940-1941.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the

8

ORDINARY REVENUE YEAR Year ended 31ST march, ended 81st march, RECEIPTS. 1941 1940. £ s. d. £ s. d. £ s. d. 40,614,013 8 4 Brought forward .. .. .. .. .. •• 42,490,453 5 8 2,700 0 0 Repayment of Advance to Native Land Settlement Account .. .. .. 200 0 0 Public Revenues Act, 1926, Section 41, — 7,270,000 0 0 Treasury Bills issued (including issues in renewal) .. .. .. .. • • 2,650,000 0 0 £47,786,713 8 4 Totals .. .. .. .. .. .. . £45,140,653 5 8 DEPOSITS £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 67,205 10 2 Cash .. .. .. .. .. .. .. .. .. 81,142 1 1 255,868 14 11 Imprests outstanding .. .. .. .. .. .. .. 55,142 19 7 —— 136,285 0 8 323,074 5 1 Investment Accounts— 3,726,942 0 3 Securities held .. .. — •. 3,709,743 5 0 3,258,291 19 8 Deposits lodged.. .. . 2,647,753 17 11 £7,308,308 5 0 Totals .. •• •• £6,493,782 3 7 — L. ==i

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PUBLIC ACCOUNTS, 1940-1 941.

Year ended 31st March, 1941, compared with the Year ended 31st March, 1940 —continued.

9

ACCO U NT —continued. Ybak Yeah endud 81st Makoh, undid 31st makoh, 1941. 1940. EXPENDITURE. j Net - Gross. Credits. Net. £ s d £ sd £ sd £ sd 37,654,819 18 8 Brought forward .. .. .. .. 49,254,153 4 10 10,542,650 4 2 38,711,503 0 8 — Publio Revenues Act, 1926, Section 41,— 7,270,000 0 0 Treasury Bills redeemed (including redemptions by renewal) 2,650,000 0 0 .. 2,650,000 0 0 Finance Act, 1939, Section 7, — 809,367 5 10 Surplus for 1938/39 transferred to the Social Security Fund Balances at end of Year, — 309,12112 11 Cash* .. .. .. .. .. .. 133,573 10 1 232,241 19 1 Imprests outstanding .. .. .. .. .. .. 308,626 14 11 j i 442,200 5 0 541,363 12 0 Investment Account— 1,511,162 11 10 Securities held .. .. .. .. .. .. .. 3,336,950 0 0 £47,786,713 8 4 Totals .. . . . . .. .. .. £45,140,653 5 8 ACCOUNT. i . "7 ' ' £ s. d. £ s. d. £ s. d. £ s. d. 3,462,279 19 4 Deposits refunded .. .. .. .. .. .. .. 2,251,087 15 10 1 ■ ' ' ' ■ [ Balances at end of Year, — 81,142 1 1 Cash* .. .. .. .. .. .. .. 60,388 18 0 55,142 19 7 Imprests outstanding .. .. .. .. .. .. 78,300 5 1 — 138,689 3 1 136,285 0 8 Investment Accounts— 3,709,743 5 0 Securities heldf .. .. .. .. .. . . .. 4,104,005 4 8f £7,308,308 5 0 Totals .. .. .. .. .. .. .. £6,493,782 3 7 * This includes Public Account Casli Balance Investments which it is not possible to allocate to the individual accounts. t Against these investments there is a liability of £2,093,743 9s. represented by Stock issued.

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PUBLIC ACCOUNTS, 1940-1 941,

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the Year ended 31st March, 1941, compared with the Year ended 31st March, 1940.

10

Yeak yeah ended 31st Makoh, ended 31st Makoh, RECEIPTS. 1941 1940. £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 441,069 14 0 Cash .. .. .. .. .. .. .. ... ... 787,802 12 10 168,959 10 S Imprests outstanding .. .. .. •• .. . . .. 246,926 17 2 1,034,729 10 0 610,029 4 5 Investment Account— 28,845 0 0 Securities held .. .. .. .. .. .. ... 254,261 13 4 New Zealand Loans Act, 1932, — Finance Act, 1938, Section 2— 4,715,477 18 1 Stock issued .. 137,598 6 0 Stock issued to coyer Charges and Expenses of'raising Loans 1,500,000 0 0 Debentures issued 605,000 0 0 Treasury Bills issued Finance Act, 1939, Section 2— 420,945 0 0 Stock issued .. .. .. .. .. .. •• .. 5,879,570 0 0 1,105,000 0 0 Treasury Bills issued .. .. .. .. .. .. .. 1,297,200 0 0 881,800 0 0 Treasury Notes issued . . .. .. .. .. .. .. 802,795 0 0 7,979,565 0 0 9,365,821 4 I Finance Act, 1932, Section 55— 365,625 0 0 Premium on Exchange Capital Receipts,— 59,797 5 0 Development of Small Farms .. .. .. .. .. .. .. 76,123 1 7 Agriculture (Emergency Powers) Act, 1934, Section 26, — 832 5 5 Repayment of Loans .. .. .. .. .. .. .. .. 1,820 18 7 5,716 2 0 Receipts under the Native Housing Act, 1935.. .. .. . . .. .. 11,690 7 2 Finance Act, 1932, Section 7 (4), —- 14,215 9 11 Proceeds from the Sale of Lands subject to the Hauraki Plains Act, 1926 .. .. 13,727 11 9 Finance Act, 1932 (No. 2), Section 6, — Transfer from Land for Settlements Account adjusting Small Farms Account intorest in Settlement lands now declared Crown lands under Section 49 of the Land for Settlements Act, 1925, and Section 10 (1) of the Land Laws 1,160 10 0 Amendment Act, 1935 .. .. .. .. .. .. .. 320 0 0 Transfer from Land for Settlements Account in respect of Advances made under 52 2 6 the Village Homestead Special Settlement Scheme.. 320 0 0 75,345 12 10 Recoveries on account of Expenditure of previous Years .. .. .. .. 11,659 19 3 £10,527,439 16 2 Totals .. . .. .. .. £9,383,898 1 8

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PUBLIC ACCOUNTS, 1940-1941,

GENERAL PURPOSES ACCOUNT.

3—B. 1 [PT. I].

11

Y?AK i .Yeak ekded 31st March, ENDED 31ST MAKCB, | -t CjA-f ' 1940. EXPENDITURE. Net - Gross. Credits. Net. I I £ s. d. Annual Appropriations, — £ s. d. £ s. d. £ s. d. 147,460 15 1 Vote —Public Works, Departmental .. .. .. 586,290 12 0 537,560 5 3 48,730 6 9 1,178,775 19 9 „ Railway-construction .. .. .. 945,907 12 7 87,975 14 4 857,931 18 3 2,986,639 16 1 „ Railways Improvements and Additions to Open Lines 1,119,201 10 4 47,041 16 6 1,072,159 13 10 951,093 17 0 „ Publio Buildings .. .. .. 922,436 9 0 21,411 11 4 901,024 17 8 844,126 2 6 „ Education Buildings .. .. .. 555,572 7 5 14,165 18 9 541,406 8 8 22,518 14 2 „ Lighthouses and Harbour-works .. .. .. 35,412 19 7 1,058 16 3 34,354 3 4 24,891 14 7 „ Development of Tourist Resorts .. .. .. 23,634 8 7 2,059 7 1 21,575 1 6 1,124,590 3 2 „ Roads,&c. .. .. .. .. 650,559-14 11 51,546 9 11 599,013 5 0 j 416,778 9 9 „ Telegraph Extension .. .. .. .. 531,279 13 7 275,226 2 11 256,053 10 8 172,525 6 10 „ Lands, Miscellaneous .. .. .. .. 267,030 17 2 24,073 4 5 242,957 12 9 416,437 6 3 ,, Irrigation, Water-supply, and Drainage .. .. 672,309 11 8 61,271 9 3 611,038 2 5 2,696 3 9 „ Swamp Land Drainage .. .. .. .. 13,182 4 3 9,235 8 1 3,946 16 2 446,698 4 7 „ Settlement of Unemployed Workers ,, Small Farms Development .. .. 572,562 9 0 257,133 16 0 315,428 13 0 357,819 9 1 „ Native Land Settlement .. .. .. .. 1,010,870 14 10 772,427 1 4 238,443 13 6 ,, Linen Flax Development .. .. .. .. 245,997 8 5 20 10 8 245,976 17 9 9,093,052 2 7 8,152,248 13 4 2,162,207 12 1 5,990,041 1 3 Unauthorized Expenditure — 4,976 7 7 Services not provided for .. .. .. .. 1,434 0 5 45 19 5 1,388 1 0 9,098,028 10 2 Total, Annual Appropriations .. .. 8,153,682 13 9 2,162,253 11 6 5,991,429 2 3 ' Finance Act, 1932, Section 55, —■ Exchange on remittances beyond New Zealand .. .. 122,500 0 0 .. 122,500 0 0 N.Z. Loans Act, 1932, Section 61, — 137,609 2 9 Charges and expenses of raising loans: New issues .. 32,911 9 0 .. 32,911 9 0 Finance Act, 1932 (No. 2), Section 6, —- Transfer to Land for Settlements Account of cost of acquisition and development costs of areas for Soldier Settlement under the Small Farms Amendment Act, 1.940 .. .. 226,110 11 7 .. 226,110 11 7 Transfer to Land for Settlements Account of value of land 4 0 0 now subject to the Hauraki Plains Act, 1926 Transfer to Land for Settlements Account: Sales and Capital Receipts : Land Act, 1924, Section 20 — Adjusting value of Crown lands interests disposed of under 60 0 0 Small Farms (Relief of Unemployment) Act, 1932-33 .. 402 0 0 .. 402 0 0 Adjustment of excess over book value realized on sale of old Sumner Post-office site .. .. .. .. 74 10 0 .. 74 10 0 In respect of portion of Government Buildings, Tauranga 2,746 19 11 handed over In respect of old telegraph building, Dunedin, taken over as a Government building .. .. .. .. 29,200 7 10 .. 29,200 7 10 2,810 19 11 255,787 9 5 .. 255,787 9 5 Public Revenues Act, 1926, Section 135 (4), — Transfers to Loans Redemption Account for redemption of securities .. .. .. .. .. .. 1,460,000 0 0 .. 1,460,000 0 0 Balances at end of Year, — 787,802 12 10 Cash* .. .. .. .. .. .. .. . 12,986 3 9 246,926 17 2 Imprests outstanding .. .. .. .. .. .. 544,438 17 3 —- 557,425 1 0 1,034,729 10 0 Investment Account — 254,261 13 4 Securities held .. .. .. .. .. .. 963,845 0 0 £10,527,439 16 2 Totals .. .. .. ... .. .. £9,383,898 1 8 * This includes Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.

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PUBLIC ACCOUNTS, 1940-1941.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the

12

ELECTRIC SUPPLY „ Thar ended 31st Makoh, HNDKD 31CT MAROH, RECEIPTS. 1941. £ s. d. Balances at beginning of Year, — £ s. cl. £ s. d. 7,000 5 9 Cash .. .. .. .. .. .. .. .. .. 50,887 1 2 8,926 5 2 Imprests outstanding 50,887 I 2 15,926 10 11 N.Z. Loans Act, 1932, —- Finance Act, 1930 (No. 2), Section 3—, 110,000 0 0 Treasury Bills issued .. Treasury Notes issued .. .. .. .. .. .. .. 57,590 0 0 Finance Act, 1934 (No. 3), Section 3— 560,738 9 11 Stock issued .. 75,000 0 0 Treasury Bills issued .. 93,500 0 0 Treasury Notes issued .. .. .. .. .. .. .. 145,761 10 1 Finance Act, 1939, Section 5 — Stock issued .. .. .. .. .. .. .. .. 700,000 0 0 Treasury Bills issued .. .. .. .. .. .. .. 300,000 0 0 Finance Act, 1940, Section 6—■ Stock issued .. .. .. .. .. .. .. .. 65,000 0 0 Treasury Bills issued .. .. .. .. .. .. .. 330,000 0 0 Treasury Notes issued .. .. .. .. .. .. .. 159,308 9 11 1,757,660 0 0 839,238 9 11 Public Revenues Act, 1926, Section 40, — 175,000 0 0 Temporary transfers from other Accounts .. .. .. .. .. 125,000 0 0 State Supply of Electrical Energy Act, 1917, Section 8, — 1,777,692 6 4 Sales of Electrical Energy .. .. .. .. .. .. 1,940,473 14 5 16,545 2 3 Miscellaneous Receipts .. .. .. .. .. .. .. 15,709 5 11 1,956,183 0 4 1,794,237 8 7 Recoveries on account of Expenditure of previous Years .. .. .. .. 52 10 0 £2,824,402 9 5 Totals .. .. .. .. .. .. .. £3,889,782 11 6 ELECTRIC SUPPLY £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 2,115 2 3 Cash .. .. .. .. .. .. .. .. .. .. 7,648 0 2 Investment Account— 8,206 0 0 Securities held .. .. .. .. .. .. .. .. 5,000 0 0 State Supply of Electrical Energy Act, 1917, Section 12, — 585,130 14 8 Transfer from Electric Supply Account .. .. .. .. .. .. 485,354 12 1 179 13 2 Interest on Investments .. .. .. .. .. .. .. .. 150 0 0 £595,631 10 1 Totals .. .. .. .. .. .. .. £498,152 12 3

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PUBLIC ACCOUNTS, 1940-1941.

Year ended 31st M arch, 1941, compared with the Year ended 31st March, 1940 —continued.

13

ACCOUNT. Year Year ended 31st March, ended 31st March, 1941. 1940. EXPENDITURE. Net - Gross. | Credits. j Net. £ s. d. Annual Appropriation,— £ s. d. £ s. d. £ s. d. 1,425,718 5 11 Vote —Development of Water-power .. .. .. 2,371,764 10 2 67,432 11 2 2,304,331 19 0 Unauthorized Expenditure— Services not provided for .. .. .. .. 208 7 3 .. 208 7 3 2,371,972 17 5 67,432 11 2 2,304,540 6 3 552,666 7 8 Interest and other charges on Loans and Capital Liability .. . . . . 402,607 4 9 Public Revenues Act, 1926, Seotion 40, — 210,000 0 0 Temporary Transfers from other Accounts repaid .. .. .. .. 175,000 0 0 Income-tax .. .. .. .. .. .. .. .. 292,452 19 3 Social Security Charge .. .. .. .. .. .. .. 21,797 14 11 National Security Tax .. .. .. .. .. .. .. 21,797 14 II 585,130 14 8 Transfer to Electric Supply Sinking Fund Account .. .. .. .. 485,354 12 1 Balances at end of Year, — 50,887 1 2 Cash* .. .. .. .. .. .. .. 39,991 19 4 Imprests outstanding .. .. .. .. .. .. 146,240 0 0 _____ 186,231 19 4 50,887 1 2 £2,824,402 9 5 Totals .. .. .. .. .. .. £3,889,782 11 6 SINKING FUND ACCOUNT. £ s. d. £ s. d. £ s. d. £ s. d. Securities redeemed at maturity,— 10,195 0 0 Death Duty Stock .. .. .. .. .. .. 2,620 0 0 Securities redeemed before maturity,— 560,788 9 11 Stock .. .. .. .. .. .. .. .. 50 0 0 Treasury Notes .. .. .. .. .. .. .. 456,160 0 0 456,210 0 0 12,000 0 0 Advances to Southland Electric-power Board repaid .. Balances at end of Year, — 7,648 0 2 Cash* .. .. .. .. .. .. .. .. 34,322 12 3 Investment Account — 5,000 0 0 Securities held .. .. .. .. .. .. .. 5,000 0 0 £595,631 10 I Totals .. .. .. .. .. .. £498,152 12 3 * This includes Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1 9 40-1941.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

14

BANK OF NEW ENDED Sl£ MARCH, RECEIPTS. YIAE ™ D 1D 04 81 M Maeoh, £ s. d. Balance at beginning of Year,— £ s. d. £ s. d. Investment Account— 1,859,375 0 0 Securities held .. .. .. .. .. .. .. .. 1,859,375 0 0 -Finance Act, 1926, Section 8 (3), —• 164,062 10 0 Dividends received in terms of Bank of New Zealand Act, 1926, Section 13 .. .. 164,062 10 0 £2,023,437 10 0 Totals .. .. .. .. .. .. .. £2,023,437 10 0 LAND FOR SETTLEMENTS £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 182,831 9 4 Cash .. .. .. .. .. .. .. .. .. 378,548 9 2 5 19 5 Imprests outstanding .. .. .. .. .. .. .. 228 8 1 378,776 17 3 182,837 8 9 Investment Account—- . 722,945 0 0 Securities held .. .. .. .. .. .. .. 594,385 15 9 232,208 11 6 Sales and Capital Receipts .. .. .. .. .. .. 687,118 10 5 400,196 10 3 Rents and Interest .. .. .. .. .. .. .. .. 419,834 3 1 97,855 14 11 Sales of Produce, Live-stook, and Miscellaneous Receipts .. .. .. 112,775 11 0 Finance Act, 1932, Section 11 (2) (a), — Receipts from Hutt Valley Settlement Lands applied towards purchase-money expended for the acquisition of land subject to the Hutt Valley Land 42,105 11 7 Settlement Act, 1925, or in respect of the preparation of the lands for disposal 4 0 0 Finance Act, 1932 (No. 2), Section 6,— Transfer from General Purposes Account of cost of acquisition and development costs of areas required for Soldier Settlement under the Small Farms Amendment Act, 1940 .. .. .. .. .. .. .. , 226,110 11 7 24,050 16 0 Interest on Investments .. .. .. .. .. .. .. .. 17,968 14 4 27 14 4 Recoveries on account of expenditure of previous years .. .. .. .. 22 1 0 £1,702,231 7 4 Totals .. .. .. .. .. .. .. £2,436,992 4 5

B.—l [Pt. I].

PUBLIC ACCOUNTS, 1 940-1 94 1.

Year ended 31st March, 1941, compared with the Year ended 31st March, 1940—continued.

15

ZEALAND SHARES ACCOUNT. Year Year ended 31st March, ended 31st March, 1941 1940. EXPENDITURE. ! Nnt Gross. Credits. Net. £ s. d. Finance Act, 1926, Section 8 (3), — £ s. d. £ s. d. £ s d Transfer to Ordinary Revenue Account of Dividends received 184,062 10 0 in terms of the Bank of New Zealand Act, 1926, Section 13 1_ 164,062 10 0 Balance at end of Year, — Investment Account— 1,8.59,375 0 0 Securities held .. .. .. .. . __ | ggg 375 q q £2,023,437 10 0 Totals .. .. .. .. .. .. £2,023,437 10 0 ACCOUNT. ,-,o £ o s ' d ' Annual Appropriation,— £ s. d. £ s. d. £ s. d. 178,208 13 4 Vote—Land for Settlements .. .. .. .. 380,014 14 3 283 6 9 379,731 7 6 536,521 14 8 Interest and other Charges on Loans and Capital Liability .. 292,793 9 4 . . 292,793 9 4 Expenditure charged on proceeds of Sales of Lands, — 9,682 6 4 Crown Lands .. .. .. .. .. 5,547 12 0 .. 5,547 12 0 Finance Act, 1932 (No. 2), Section 6, — Transfer of receipts from Hutt Valley Settlement Lands as a credit to Sales and Capital Receipts, Land Act, 1924, Section 20, in satisfaction of value of Crown Lands declared 1,450 0 0 to be subject to the Hutt Valley Settlement Act, 1925 Transfer in respect of value of improvements on Small Farms - lands .. .. .. .. .. .. 320 0 0 .. 320 0 0 Amortization of Debt, — 3,206 0 0 Transfer to Loans Redemption Account Balances at end of Year, — 378,548 9 2 Cash* .. .. .. .... .. .. 46 777 19 5 228 8 1 Imprests outstanding .. .. .. .. ,. _ '450 | ( ; 2 378,776 17 3 47,234 15 7 Investment Account— 594,385 15 9 Securities held .. .. .. .. 4 j ggg 0 0 . £1,702,231 7 4 Totals .. .. .. £2,436,992 4 5 lliis includes Public Account Gusli Balance Investments which it is not possible to allocate to the individual accounts.

JB.—l [PT. I].

PUBLIC ACCOUNTS, 1940-1941.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1941, compared with the Year ended 31st March, 1940—continued.

16

Year Yeak ended 81st March, ENDED 81ST MARCH, RECEIPTS 1941. 1940 £ 8. d. Balance at beginning of Year, — £ s - d. £ s. d. 24.399 1 10 Cash .. .. .. .. •• • • ■■ •• 339,313 6 4 69,786,119 3 9 Securities issued in renewal or conversion of Loans .. .. .. . • •• 82,693,881 8 11 190,472 15 1 Securities issued to oover costs, charges, and expenses of conversion .. •• •• 521,720 0 3 11,250 0 0 Ordinary Stock issued in exchange or replacement of Death Duty Stock .. .. • • 98,340 0 0 Death Duty Stock issued in replacement of Ordinary Stock .. .. .. • • 1 > 500 0 0 59,670 0 0 Death Duty Stock issued in replacement of Tax-free Death Duty Stock .. 31,285 0 0 Stock issued in exchange for Debentures .. .. .. •• •- •• 164,175 0 0 100 0 0 issued in replacement of lost Debentures 6,263,780 0 0 Ordinary Stock issued in replacement of Tax-free Stock .. .. .. •• 347,215 0 0 Interest-free Stock issued in exchange .. .. .. •• •• •• 350 1,335 8 9 Amount received on account of New Zealand's share of German Reparations .. .. 1,443 12 4 3,759 10 8 Amount received in respect of War Expenses (1919) for redemption of securities .. 2,625 12 9 Amount received from the British Phosphate Commission for the redemption of 33,435 14 6 Nauru and Ocean Islands securities .. .. .. .. •• •• 34,700 1 3 252,331 7 7 Amount reoeived from Ordinary Revenue Account for redemption of securities — Public Works Fund, General Purposes Account .. .. .. .. 1,693,301 3 6 Main Highways Account .. .. .. .. ■■ •• 1,073 19 4 War Expenses Account (1939) .. .. .. •• •• •• 2,340 0 0 1 * 1,696,715 2 10 Amount received from Public Works Fund, General Purposes Account, for redemption of securities .. .. .. . ■ • • • ■ • • 1 > 460,000 0 0 400 14 10 Proceeds sales of National Endowment lands .. .. .. .. .. •• 452 3,206 0 0 Amount received from Land for Settlements Account for redemption of securities 223,860 0 0 Amount received from Main Highways Account for redemption of securities .. .. 184,475 0 0 1,838 3 6 Amount received for redemption of State Advances securities .. .. .. .. 361 3 5 Amount transferred from the Samoan Loan Sinking Fund for the redemption 5,130 0 0 of securities issued in respect of Samoan Loan Suspense Account •• 5,370 0 0 360 14 0 Amount of Mining Advances repaid to be applied for redemption of securities 2 3 8 Transfer of balance of State Coal-mines Sinking Fund Account 5,500 0 0 Amount received from State Coal-mines Account for redemption of securities .. .. 6,320 0 0 Amount received from W ar Expenses Account for redemption of securities .. .. 3,647,992 10 0 0 17 5 Interest on overdue instalments of the London loan 1940-45 72,462 15 8 Interest on temporary investments of receipts from the London loan 1940-45 £76,970,699 11 3 Totals .. .. .. .. .. ■ .. • • £91,206,155 8 3

8.~l [PT. IJ.

PUBLIC ACCOUNTS, 1940-1941.

LOANS REDEMPTION ACCOUNT.

17

Year Year ended 3 1st March, ended 31st March, 1941 1940. EXPENDITURE. Net. Gross. Credits. Net. £ s. (3i £sd£sd£sd 69,784,629 18 9 Securities renewed or converted .. ,, _ 82 699 561 13 11 94,922 15 1 Premiums on conversion .. .. .. 02 202 0 0 11,250 0 0 Death Duty Stock exchanged or replaced by Ordinary Stock .. .. 98 340 q q Ordinary Stock exchanged for Death Duty Stock .. .. .. _ _ 1,500 0 0 31,285 0 0 Debentures exchanged for Stock .. .. .. .. .. _ 164 175 0 0 100 0 0 Debentures lost and replaced by Stock 6,263,780 0 0 Tax-free Stock replaced by Ordinary Stock .. .. .. 347 215 0 0 59,670 0 0 Tax-free Death Duty Stock replaced by Death Duty Stock .. Interest-free Stock exchanged ,, ,, _ _ _ 3 5 0 214,229 18 0 Securities redeemed at or before maturity .. .. .. ,, 7 ggg 025 ]9 8 2,700 0 0 War Credits applied in redemption of Loans 805 0 0 Reparation-moneys applied in redemption of Loans .. .. .. ., qqq q q 168,013 13 1 Costs, charges, and expenses of raising loans, — Issues in conversion— Finance Act, 1932, Section 55— Exchange on remittances beyond New Zealand .. .. ,. 459 gj8 0 3 339,313 6 4 Balances at end of Year, — Cash* .. .. .. .. .. .. 34,014 9 5 Investment Account— Securities held .. . . .. .. .. ., _ _ 2 500 0 0 £76,970,699 11 3 Totals .. . . .. ,. £91,206,155 8 3 * This includes Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1 940-1941,

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1941, compared with the Year ended 31st March, 1940—continued.

18

Yeajk Yeah ended 31st March, ENDED 818T MARCH, RECEIPTS. 1941. 1940. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 164,788 6 0 Cash .. 80,173 4 1 New Zealand Loans Aot, 1932, — Finance Act, 1937, Seotion 12— 200,000 0 0 Treasury Bills issued .. Finance Act, 1938, Section 3— 182,188 15 11 Stockissued .. 200 0 0 Stock issued to cover Charges and Expenses of raising loans 500,000 0 0 Debentures 317,611 4 1 Treasury Bills issued .. Finance Act, 1939, Section 3, —• Stockissued .. .. .. .. .. .. •• •• 801,000 0 0 1,407,388 15 11 Treasury Bills issued .. .. .. .. .. .. •• 543,000 0 0 500 0 0 Treasury Notes issued .. .. .. .. .. •• •• 3,975 0 0 1,347,975 0 0 2,607,888 15 11 Public Revenues Act, 1926, Section 40, — Temporary transfers from other Accounts .. .. .. .. .. .. 150,000 0 0 Finance Act, 1932, Section 55, — 121,875 0 0 Premium on exchange Amounts transferred from the Consolidated Fund,' — 102,706 5 7 Customs Duty on Tires .. .. .. .. .. .. 62,887 19 2 619,676 2 0 Fees and Fines .. .. .. .. .. .. .. •• 573,472 15 11 636,360 15 1 722,382 7 7 3,563 0 7 Interest on Moneys expended on Purchase of Plant supplied to Local Bodies .. .. 3,692 1 2 Amounts received from Local Bodies in respect of Advances, — 27,797 18 0 Repayment of Advances .. .. .. .. .. .. ■ • 25,825 16 6 3,848 0 9 Interest .. . .. .. •• •• •• •• 3,'122 1 0 28,947 17 6 31,645 18 9 Unexpended balance of Hutt Road loans paid in by Wellington City Council .. .. 8,411 10 3 1,565 4 9 Miscellaneous receipts ... .. .. .. .. .. .. 2,408 11 8 Tax on Motor-spirits, — 2,057,000 17 7 92 per cent, of Net Tax transferred from Consolidated Fund .. .. .. .. 1,581,792 19 7 Mileage Tax and Penalties, — Electrically-propelled Motor-vehicles— 84 4 7 92 per cent, of Net Tax transferred from Consolidated Fund .. .. 101 17 10 Other Motor-vehicles — 10 630 18 1 92 per cent, of Residue transferred from Consolidated Fund .. . . 11,095 4 8 -» 11,197 2 6 10,715 2 8 101 10 1 Recoveries on account of Expenditure of previous Years .. .. . . .. 458 12 11 1,461 13 11 Interest on Investments .. .. .. .. .. .. 439 0 10 £5,722,987 17 10 I Totals .. .. . .. .. .. .. £3,851,856 15 7

B.—l [PT. I].

PUBLIC ACCOUNTS, 1940-1 941.

MAIN HIGHWAYS ACCOUNT.

4—B. 1 TPT. 11.

19

Yeatt Year bndei) 31st March, isndtcd 31st March, 1941. 1940. EXPENDITURE. Net. Gross. Credits. Net. £ s. d. Annual Appropriation,— £ s. d. £ s. d. £ s. d. 5,329,363 0 6 Vote—Main Highways .. .. .. .. .. 3,866,245 10 4 344,962 19 9 3,521,282 10 7 20,552 0 0 Advances to Local Authorities .. .. .. .. 14,583 3 2 2,183 6 6 12,399 16 8 23,503 5 7 Payments to Wellington City Council .. .. .. 25,786 0 5 .. 25,786 0 5 1,509 18 5 Payments to Taranaki, Hawera, and Eltham County Councils .. 1,521 12 3 .. 1,521 12 3 Interest paid to Consolidated Fund on £1,226,000 appropriated out of Public Works Fund and paid into Main Highways 61,300 0 0 Account .. .. .. .. .. .. 61,300 0 0 .. I 61,300 0 0 Subsidies to Local Bodies under Appropriation Act,' 1916, 176,951 6 3 Section 9 .. .. .. .. .. .. 177,980 1 10 .. 177,980 1 10 Subsidies to Local Bodies under Municipal Corporations Act, 29,635 3 0 1933, Section 71 .. .. .. .. .. 35,655 13 0 .. 35,655 13 0 206,586 9 3 213,635 14 10 .. 213,635 14 10 / Balance at end of Y ear, — 80,173 4 1 Cash* .. .. .. .. .. .. .. 15,931 0 10 £5,722,987 17 10 Totals .. .. .. £3,851,856 15 7~ * This include? Public Account Cash Balance Investments whieh it is not possible to allocate to the individual accounts.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1940-1941.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

20

PUBLIC DEBT —■ Year Year ended 31st March, ended 31ST MARCH, RECEIPTS. 1941. 1940. £ s. d. Balance at beginning of Year, — £ s - d. £ s. d. 3,262 17 3 Cash .. .. .. .. •• • •• •• •• 17,422 18 3 ■ j; Repayment of the Public Debt Act, 1925, Section II, — Transfers from the Consolidated Fund in respect of the Public Debt within the meaning of the Act— Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 1,153,251 10 3 outstanding at 31st March, 1940 .. .. •• ■ • ■ • 1,246,723 5 2 Subsection (a), being one-half of 1 per oent. of the amount of the Public Debt ; 92 169 6 6 redeemed to 31st March, 1940 .. .. •• ■■ 101,560 8 11 Subsection (b), being 3| per cent, of the amount of the Public Debt redeemed 645,185 6 0 to 31st March, 1940 .. .. .. •• •• • • 710,923 2 5 Subsection (6), being 3J per cent, of the amount of the Public Debt cancelled i 771 7 9 during the year, computed from the dates of redemption .. •• 14,855 8 4 ' fe , . — ' 2,074,062 4 10 1,892,377 10 6 i 1 ' ' : I i | i I £1,895,640 7 9 Totals .. .. .. ■■ •• j ,£2,091,485 3 1 ;■ r~- _ 1 1 '"""* REMITTANCES TO £ s. d. Amounts credited to New Zealand Public Account, London, being Amounts remitted £ s. d. £ s. d 8,445,700 0 0 from Public Account, Wellington .. .. .. •• •• •• •• 12,208,558 0 0 £8,445,700 0 0 Totals .. .. .. . • •• •• •• £12,208,558 0 0 RESERVE PUND £ s. d. Balances at beginning of Year,— £ s. d. £ s. d. 31,597 4 6 Cash .. .. •• •• -■ •• •• 64,219 19 10 Investment Account— 1,240,897 0 10 Securities held .. .. .« •• •• •• •* 1,240,89/ 0 10 Hawke's Bay Earthquake,— 27,094 11 0 Repayments of Loans made to Earthquake Sufferers .. .. 31,666 14 9 5.703 2 1 Repayment of Loans made to Local Authorities .. •• »• •• 6,154 5 1 ' F J 37,820 19 10 32,797 13 1 £1,305,291 18 5 Totals .. .. -• -- •• £1,342,938 0 6

B. —1 [PT. I].

PUBLIC ACCOUNTS, 1 940-1 94 1.

Year ended 31st March, 1941, compared with the Year ended 31st March, 1940—continued.

21

REPAYMENT ACCOUNT. Year Year ended 3ist March, ended 31st March, 1941. 1S40. EXPENDITURE, tlet - Gross. Credits. Net. £ s. d. Securities redeemed and cancelled in terms of Section 13 of the £ s. d. £ s. d. £ s. d. Repayment of the Public Debt Act, 1925, — Nominal Value. New Zealand .'Loans Act, 1932— £ s. d.. 5,000 0 0 Debentures .. .. .. .. 200 0 0 .. .. 200 0 0 323,217 9 6 Stock .. .. .. .. 718,610 0 0 .. .. 718,610 0 0 1,550,000 0 0 Treasury Bills .. .. .. 459,417 10 0 .. .. 459,417 10 0 1,878,217 9 6 1,178,227 10 0 .. .. 1,178,227.10 0 | Balance at end of Year, — 17,422 18 3 Cash* .. .. .. .... .. .. .. 913,257 13 1 £1,895,640 7 9 Totals .. .. .. .. .. .. £2,091,485 3 1 LONDON ACCOUNT. £ s. d. Amounts withdrawn from Public Account, Wellington, for £ s. d. £ s. d. £ s. d. 8,445,700 0 0 remittance to New Zealand Public Account, London .. .. .. 12,208,558 0 0 ' " I £8,445,700 0 0 Totals .. .. £12,208,558 ("T~0~ ACCOUNT. £ s. d. Hawke's Bay Earthquake,— £ s. d. £ s. d. £ s. d. 174 17 9 Administration Expenses .. .. .. .. 64 10 2 83 7 2 Or. 18 17 0 174 17 9 Balances at end of Year, — 64,219 19 10 Cash* .. .. .. .. .. .. .. .. 46,544 4 2 Investment Account — 1,240,897 0 10 Securities held .. .. .. .. .. .. 1,296,412 13 4 £1,305,291 18 Totals .. .. £1,342,938 0 6 * Tills includes Public Acoount Cash Balance Investments which it is not possible to allocate to the individual accounts.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1940-1941.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

22

SOCIAL Vear Year ended 31st Mahoe, ended Mot March, RECEIPTS. 1941. £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. Gash .. .. .. .. .. .. .. .. .. 518,466 11 2 Imprests outstanding .. .. .. .. .. .. ■■ 5,434 14 2 ' 523,901 5 4 8,860,920 5 5 Social Security Charge .. .. .. .. .. .. 10,109,577 0 1 635,440 8 11 Registration fee .. .. .. .. .. .. .. 604,179 3 5 32,074 18 0 Penalty for late payment of fee .. .. .. .. .. .. 27,698 8 6 1,157 11 8 Pines .. .. .. .. .. .. .. .. .. 406 13 11 101 7 1 Miscellaneous receipts .. .. .. .. .. .. .. 314 10,741,864 7 3 9,529,694 11 1 1,000,000 0 0 Transfer from the Consolidated Fund .. .. .. .. .. .. 3,200,000 0 0 809,367 5 10 Transfer from the Consolidated Fund of the surplus for 1938-39 Recoveries on account of expenditure of previous years .. .. .. .. 481 1 5 7,230 14 6 Interest on investments .. .. .. .. .. .. .. .. 3,356 3 2 18,854 15 1 Receipts due to Employment Promotion Fund .. .. .. .. 22,121 4 2 1,970 10 11 Interest on investments of Employment Promotion Fund 22,121 4 2 20,825 6 0 £11,367,117 17 5 Totals .. .. .. .. .. .. .. £14,491,724 I 4 STATE COAL. £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 7,625 6 11 Cash .. .. .. .. .. .. .. 18,774 10 6 Imprests outstanding .. .. ,. .. .. .. .. 144 7 1 — 18,918 17 7 New Zealand Loans Act, 1932, — Coal-mines Act, 1925, Section 179— 25,000 0 0 Stock issued .. .. .. .. .. .. .. .. 25,000 0 0 Treasury Bills issued .. .. .. .. .. .. «. 10,000 0 0 35,000 0 0 Public Revenues Act, 1926, Section 40,— Temporary transfers from other Accounts .. .. .. .. .. .. 20,000 0 0 217 1 9 Recoveries on account of Expenditure of provious Years .. .. .. .. 2,603 8 11 345,214 16 4 Rents, Royalties, Sale of Coal, Coke, Wood, &c. .. .. .. .. 4-57,788 2 4 1 Housing and other Loans, — 1,428 14 10 Repayment of Principal and Interest .. .. .. .. .. .. 2,085 8 3 Finance Act, 1932 (No. 2), Section 6, —■ Transfer from Land for Settlements Account on account of value of land released 50 0 0 from the operation of the Coal-mines Act, 1925 i £379,535 19 10 I Totals .. .. .. .. .. .. .. £536,395 17 1

B.—l [PT. I].

PUBLIC ACCOUNTS, 1 940-1 941.

Year ended 31st March, 1941, compared with the Year ended 31st March, 1940—continued.

s—B. 1 | PT. I].

23

SECURITY FUND. Yeau Year ENram 31st March, ended 31st March, HQ4.1 1940. . EXPENDITURE. ' Sot - Gross. j Credits. Ret £ s. d. Annual Appropriations,—■ £ s. d. £ s. d. £ s. d. 535,898 13 6 Vote —Administration Expenses and Emergency Benefits .. 641,394 17 6 69,174 9 4 572,220 8 2 1,058,699 3 2 Vote—Medical, Hospital, &c., Benefits .. .. .. 1,777,607 6 7 922 13 0 1,776,684 13 7 Unauthorized Expenditure— 86 4 10 Services not provided for .. .. .. .. 153 16 3 138 18 0 14 18 3 1,592,684 1 6 2,419,150 0 4 70,236 0 4 2,348,920 0 0 Social Security Act, 1938, Section 106 (1), — Monetary Benefits — 6,517,898 11 9 Age Benefits ' .. .. .. .. .. 7,115,184 2 11 13,838 1 0 7,101,346 111 942,195 18 3 Invalidity Benefits .. .. .. .. .. 1,001,337 0 2 1,688 11 5 999,648 8 9 785,951 16 0 Widows'Benefits .. .. .. .. .. 839,890 12 5 3,522 17 8 836,367 14 9 208,790 16 4 Sickness Benefits .. .. .. .. .. 301,880 0 6 22,299 4 4 279,580 16 2 252,562 9 2 Family Benefits .. .. .. .. .. 425,350 16 9 13,539 9 0 411,811 7 9 92,652 10 8 Miners'Benefits .. .. .. .. .. 88,881 15 9 225 9 7 88,656 6 2 14,880 2 2 Orphans'Benefits .. .. .. .. .. 17,816 5 4 103 12 3 17,712 13 1 1,103 9 4 Maori War Benefits .. .. .. .. .. 743 10 0 .. 743 10 0 434,496 16 11 Unemployment Benefits .. .. .. .. 312,378 4 2 13,217 6 5 299,160 17 9 Universal Superannuation .. .. .. .. 240,782 6 11 446 3 4 240,336 3 7 9,250,532 10 7 10,344,244 14 11 68,880 15 0 10,275,363 19 11 Balances at end of Year, — 518,466 11 2 Cash* .. .. .. .. .. .. .. 98,769 0 0 5,434 14 2 Imprests outstanding .. .. .. .. .. .. 68,671 1 5 167,440 1 5 523,901 5 4 Investment Account, — Securities held .. .. .. .. .. .. 1,700,000 0 0 £11,367,117 17 5 Totals .. .. .. .. .. .. £14,491,724 1 4 MINES ACCOUNT. £ s. d. Annual Appropriation,— £ s. d. £ s. d. £ s. d. 349,707 4 3 Vote—State Coal-mines .. .. .. .. 494,509.12 7 2,623 15 8 491,885 16 11 . _ - - t - 5,409 18 0 Interest and other charges on Loans and Capital Liability .. .. .. 4,539 15 2 Social Security Charge .. .. .. .. .. .. • ■ 534 4 10 National Security Tax .. .. .. .. .. ■ ■ . ■ • 534 4 10 Public Revenues Act, 1926, Section 40, — Temporary transfers from other Accounts repaid .. .. .. • • 20,000 0 0 5,500 0 0 Transfer to Loans Redemption Account for redemption of securities . 6,320 0 0 Balances at end of Year, — 18,774 10 6 Cash* .. .. .. .. .. . • .. 12,581 15 4 144 7 1 Imprests outstanding 12,581 15 4 18,918 17 7 I £379,535 19 10 Totals .. .. .. .. •• £536,395 17 1 * This includes PuMic Account Cash Balance Investments which it is not possible to allocate to the individual accounts.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1940-1941.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1941, compared with the Year ended 31st March, 1940—continued.

24

bsuedSiTmaeoh, RECEIPTS. Yiae March, £ a. d. Balances at beginning of Year, — £ s. d. £ s. d. 52,698 8 0 Cash .. .. .. .. .. .. .. .. .. 39,514 6 5 25 19 10 Imprests outstanding .. .. .. .. .. .. .. 3,405 12 4 42,919 18 9 52,724 7 10 New Zealand Loans Act, 1932, — Forests Act, 1921-22 — Finance Act, 1930 (No. 2), Section 5— 35,225 0 0 Treasury Bills issued Finance Act, 1938, Section 5— Stock issued .. .. .. .. .. .. .. 130,000 0 0 364,775 0 0 Treasury Bills issued .. .. .. .. .. .. 215,000 0 0 345,000 0 0 400,000 0 0 Public Revenues Act, 1926, Section 40, — 50,000 0 0 Temporary Transfer from other Accounts .. .. .. .. .. .. 50 000 0 0 243 11 8 Recoveries on account of Expenditure of previous Years .. .. .. .. 3 335 5 8 10,496 8 10 Receipts from Nurseries and Plantations .. .. .. .. .. .. 13,208 8 8 7,830 7 7 Miscellaneous Receipts .. .. .. .. .. .. .. .. 43 jg 9 97,443 19 1 Receipts from Indigenous Forests .. .. .. .. .. .. ., 103 §73 ]7 1 43,416 4 11 Receipts from National Endowment Indigenous Forests .. .. .. 54 §Qg 9 Deduction for Administration Expenses in respect of Lands administered by the 1,451 3 4 State Forest Service .. .. .. .. .. ., ,. _ _ j 296 14 10 Finance Act, 1932 (No. 2), Section 6, — Transfer from Land for Settlements Account in respect of former State Forests 922 0 0 lands now disposed of as Crown lands £664,528 3 3 Totals .. .. ,. .. ., _ _ £658 721 13 8 . '

B.—l [PT. Ij.

PUBLIC ACCOUNTS, 1 940-1 941.

STATE FORESTS ACCOUNT.

25

as3

B.—-1 [PT. I].

PUBLIC ACCOUNTS, 1 940-1 941.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1941, compared with the Year ended 31st March, 1940—continued.

26

■nroSMHiBCn, RECEIPTS. YIIB HMDSIB Maboh, 1940. la * 1- £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. Cash .. .. .. .. .. .. .. .. .. 776,274 10 7 Imprests outstanding .. .. .. .. .. .. .. 177,105 3 6 — t 953,379 14 1 New Zealand Loans Act, 1932, — War Expenses Act, 1939, Section 3— 350,000 0 0 Stockissued .. .. .. .. .. .. .. .. 8,214,600 0 0 1,381,854 8 6 interest-free Stock issued .. .. .. .. .. .. 1,210,195 17 5 Stock issued (National Savings) .. .. .. .. .. 1,321,455 17 0 1,250,000 0 0 Treasury Bills issued ......... .. .. .. .. .. 1,140,000 0 0 104,200 0 0 Treasury Notes issued .. .. .. .. .. .. .. 278,570 0 0 Memorandum of Security .. .. .. .. .. .. 5,987,661 10 5 — 18,152,483 4 10 3,086,054 8 6 Public Revenues Act, 1926, Section 40, — 200,000 0 0 Temporary transfers from other Accounts .. .. .. .. .. .. 500,000 0 0 War Taxation, — 1,299,894 16 0 Income-tax .. .. .. ., .. .. .. .. 2,385,123 17 8 81,940 8 2 Estate Duty .. .. .. .. .. .. .. .. 2,413,256 4 6 18,309 8 4 Succession Duty .. .. .. .. .. .. .. 619,539 6 2 34,200 2 4 Gift Duty .. .. .. . . .. .. .. .. 194,995 2 3 295,665 1.7 8 Customs Duties .. ... .. .. .. .. .. 650,019 0 0 113,260 12 6 Beer Duty .. .. .. .. .. .. .. .. 228,564 8 10 Sales Tax .. .. .. .. .. .. .. .. 2,248,825 18 5 88,564 6 0 Gold Export Duty .. .. .. .. .. .. .. 156,376 19 3 250,000 0 0 Postage .. .. .. .. .. .. .. .. 500,000 0 0 ' National Security Tax .. .. . i .. .. .. .. 6,348,546 6 1 15,745,247 3 2 2,181,835 11 0 I Unexpended balances of appropriations for 1939-40 transferred from Consolidated Fund, — 750,830 19 4 Vote—Navy 1,052,498 12 10 Vote—Army .. 484,496 0 10 Vote —Air 2,287,825 13 0 Miscellaneous receipts,— 26,061 4 5 Navy .. .. .. .. .. .. .. .. .. 40,594 7 4 39,185 6 1 Army .. .. .. .. .. .. .. 226,902 0 4 214,204 8 11 Air .. .. .. .. .. .. .. ». 141,766 7 11 0 11 8 Civil .. .. .. .. .. .. .. .. .. 1,262 15 5 24,347 14 4 Donations .. .. .. .. .. .. .. .. 76,334 17 11 General .. .. .. .. .. .. .. .. 849 10 0 487,709 18 11 303,799 5 5 Aeroplane Fund .. .. .. .. .. .. .. .. .. 156,933 5 8 £8,059,514 17 11 Totals .. .. .. .. .. .. .. £35,995,753 6 8

B.—l iPT. I].

PUBLIC ACCOUNTS, 1940-1941.

WAR EXPENSES ACCOUNT.

27

Year Year ended 81st March, ended 31st Marc®, 194.1 1940. EXPENDITURE. Net - Gross. Credits. Net. £ s. d. War Expenses Act, 1939,— £ s. d. £ s. d. £ s. d. 902,702 16 8 j Subdivision I: Navy .. .. .. .. 2,108,898 9 11 .. 2,108,898 9 11 j . _ 3,572,532 7 3 Subdivision II: Army.. .. .. .. 17,249,620 12 7 .. 17,249,620 12 7 2,596,145 11 4 Subdivision III: Air .. .. .. .. ... 7,487,795 10 7 .. 7,487,795 10 7 34,754 8 7 Subdivision IV: Civil.. .. .. .. .. 278,592 13 7 .. 278,592 13 7 Aeroplane Fund, — Remittances and exchange for purchase of aeroplanes for Royal Air Force .. ..... .. .. .. .. 94,305 7 6 Public Revenues Act, 1926, Section 40, — Temporary transfers from other Accounts repaid . . . . .. .. 700,000 0 0 Amortization of Debt, — Public Revenues Act, 1926, Section 135 (4) — Transfer to Loans Redemption Account for redemption of securities .... .. .. .. .. .. .. 3,647,992 10 0 Balances at end of Year, — 776,274 10 7 Cash* .. .. .. .. .. .. 43,876 14 9 177,105 3 6 Imprests outstanding .. .. .. .. .. 674,671 7 9 718,548 2 6 953,379 14 1 Investment Account — Securities held .. .. .. .. .. .. .. 3,710,000 0 0 • £8,059,514 17 11 Totals .. .. .. .. .. £35,995,753 6 8 ——-— ——- " — * This includes Public Account Oash Balance Investments which it is not possible to allocate to the individual accounts.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1940-1941.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

28

WORKING RAILKNDBD IIST'maroii, RECEIPTS. VKiR BND |ai 1 lST Makoh ' 1940. ltW1 - £ s. d. Balances at beginning of Year, — £ 8. d. £ s. d. 33,718 2 6 Gash .. .. .. .. .. .. .. .. .. 930,385 15 2 36,999 10 7 Imprests outstanding .. .. .. .. .. .. .. 13,270 9 9 943,656 4 11 70,717 13 1 Investment Account— 150,000 0 0 Securities held 49,378 15 7 Securities held on behalf of Railways Employees'Siok Benefit Fund .. 50,898 10 8 — 50,898 10 8 199,378 15 7 9,935,640 14 0 Railway Revenue .. .. .. .. .. .. .. .. .. 10,687,080 18 8 7,674 13 2 Interest on Investments .. .. .. .. .. .. .. .. 5,041 1 11 Railways Employees' Sick Benefit Fund, — 8,000 0 0 Subsidy from Working Railways Aooount .. .. .. .. .. 8,000 0 0 1,519 15 1 Interest on Investments .. .. .. .. .. .. 1,466 19 1 9,466 19 1 9,519 15 1 £10,222,931 10 11 Totals .. .. .. .. .. .. .. £11,696,143 15 3 PUBLIC ACCOUNT CASH BALANCE £ s. d. Balances at beginning of Year, — £ s. d. ZV.1,085,000 0 0 Cash .. .. .. .. .. .. .. .. .. .. Dr.1,250,000 0 0 Investment Account— 1,085,000 0 0 Securities held .. .. .. .. .. .. .. 1,250,000 0 0 Totals

B.—l [PT. I].

PUBLIC ACCOUNTS, 1940-1941.

Year ended 31st March, 1941, compared with the Year ended 31st March, 1940 —continued.

B. C. Ashwin, Secretary to the Treasury. A. R. F. Mackay, M.Com. (N.Z.), Ph.D. (Lond.), Accountant to the Treasury. The Treasury, Wellington, 10th June, 1941. The foregoing accounts have been examined and found correct. Cyril G. Collins, Controller and Auditor-General. 12th June, 1941. Note.—-This certificate is given subject to the final audit of certain vouchers which, owing to the post-audit system provided for by the Public Revenues Act, 1926, cannot be completely audited before the date at which the abstract is required by the Act to be certified.

29

WAYS ACCOUNT. ended 81st March, EXPENDITURE Vkak ®1st Maboh, 1940. 1941. £ s. d. Annual Appropriation,— ' £ s.d. £ s.d. £ s.d. 8,029,976 12 3 Vote—Working Railways .. .. .. 9,959,968 1 7 1,297,805 14 l' 8,662,162 7 6 Unauthorized Expenditure— 1,368 17 0 Services not provided for 8,031,345 9 3 9,959,968 1 7 1,297,805 14 1 8,662,162 7 6 1,189,031 6 1 Interest on Capital Moneys expended on Railways (on account).. 1,694,643 10 10 .. 1,694,643 10 10 I 8,000 0 0 Subsidy to Railways Employees'Sick Benefit Fund .. .. 8,000 0 0 .. 8,000 0 0 Balances at end of Year, — 930,385 15 2 Cash* .. .. .. .. .. .. .. 485,905 8 1 13,270 9 9 Imprests outstanding .. .. ., .. .. 56,066 19 1 541,972 7 2 943,656 4 11 Investment Account— Securities held .. .. .. .. .. .. 750,000 0 0 Securities held on behalf of Railways Employees' Sick 50,898 10 8 Benefit Fund .. .. .. .. .. .. 39,365 9 9 789,365 9 9 £10,222,931 10 11 Totals .. .. .. .. .. .. £11,696,143 15 3 INVESTMENT ACCOUNT. r £ s. d. Balances at end of Year, — £ s _ t j_ Dr. 1,250,000 0 0 Cash .. .. .. .. .. .. .. .. .. .. Dr. 820,000 0 0 Investment Account— 1,250,000 0 0 Securities held .. .. .. .. .. .. .. 820,000 0 0 Totals | ■ * This includes Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.

B.—l [PT. I].

PUBLIC ACCOUNTS, 1940-1941.

SUMMARY of CASH and IMPREST BALANCES at 31st MARCH, 1941.

SUMMARY of INVESTMENTS held at 31st MARCH, 1941.

30

Account. Cash.* Imprests. Total. Consolidated Fund :— £ s. d. £ s. d. £ s. d. Ordinary Revenue Account .. .. .. .. 133,573 10 1 308,626 14 11 442,200 5 0 Deposits Acoount .. .. .. .. 60,388 18 0 78,300 5 1 138,689 3 1 193,962 8 1 386,927 0 0 580,889 8 1 Public Works Fund :— General Purposes Account .. .. .. .. 12,986 3 9 544,438 17 3 557,425 1 0 Electric Supply Account .. .. .. .. 39,991 19 4 146,240 0 0 186,231 19 4 Electric Supply Sinking Fund Account.. .. .. 34,322 12 3 .. t 34,322 12 3 87,300 15 4 690,678 17 3 777,979 12 7 Land foe Settlements Account .. .. .. 46,777 19 5 456 16 2 47,234 15 7 Loans Redemption Account .. .. .. .. 34,014 9 5 .. 34,014 9 5 Main Highways Account .. .. .. * .. 15,931 0 10 .. 15,931 0 10 Public Debt Repayment Account .. ... .. 913,257 13 1 .. 913,257 13 1 Reserve Fund Account ... .. .. .. 46,544 4 2 .. 46,544 4 2 SOCIAL Security Fund .. .. .. .. 98,769 0 0 68,671 1 5 167,440 1 5 State Coal-mines Account .. .. .. .. 12,581 15 4 .. 12,581 15 4 State Forests Account •• •• •• •• 40,011 17 11 .. 40,011 17 11 War Expenses Account .. .. .. .. 43,876 14 9 674,671 7 9 718,548 2 6 Working Railways Account .. .. .. 485,905 8 1 56,066 19 1 541,972 7 2 Public Account Cash Balance Investment Account .. Dr.820,000 0 0 .. Dc.820,000 0 0 Totals .. .. .. .. £1,198,933 6 5 £1,877,472 1 8 £3,076,405 8 1 * This inoludes Public Account Cash Balance Investments which it is nob possible to allocate to the individual accounts.

. Government Other Total account. Securities. Securities. Investments. I Consolidated"Fund : : — ; . £ s. d. £ s. d. £ s. d. Ordinary Revenue Account .. .. . - 3,286,950 0 0 50,000 0 0 3,338,950 0 0 Deposits Account ,.. .. .. .. .. 1,993,666 16 1 2,110,338 8 7 4,104,005 4 8 5,280,616 16 1 2,160,338 8 7 7,440,955 4 8 J Public Works Fund General Purposes Account .. .. .. .. 960,000 0 0 3,845 0 0 963,845 0 0 Electric Supply Sinking Fund Account .. .. .. 5,000 0 0 .. 5,000 0 0 965,000 0 0 3,845 0 0 968,845 0 0 Bank oe New Zealand Shares Account .. .. .. 1,859,375 0 0 1,859,375 0 0 Land eor Settlements Account .. .. .. 1,695,000 0 0 16,365 0 0 1,711,365 0 0 Loans Redemption Account .. .. .. .. 2,500 0 0 .. 2,500 0 0 Reserve FUND Account 919,000 0 0 377,412 13 4 1,296,412 13 4 Social Security Fund .. .. .. .. .. 1,700,000 0 0 .. 1,700,000 0 _0 War Expenses Account .. .. .. .. 3,710,000 0 0 .. 3,710,000 0 0 Working Railways Account .. .. .. •• 750,000 0 0 39,365 9 9 789,365 9 9 Public Account Cash Balance Investment Account .. 820,000 0 0 820,000 0 0 Totals .. .. .. .. ■■ £15,022,116 16 1 £5,276,701 11 8 £20,298,818 7 9f t Against these investments there is a loan liability of £15,022,116 10s. id. corresponding to the amount of investments in Government securities, and a further loan liability of £2,093,743 9s. represented by stock issued.

B.—l [PT. I]

PUBLIC ACCOUNTS, 1940-1941.

STATEMENT showing the ISSUES from the CONSOLIDATED FUND for the FINANCIAL YEAR ended 31st March, 1941, compared with the Sums voted under the Appropriation Act, 1940.

6 —B. 1 [PT. I].

31

(Under Section 86 of the Public Revenues Act, 1926.) 25 " Amount voted. ! j ! i Credits-in-aid Credits-in-aid ArrnnNT ant) vnTF i Ahount Issued usr Credits-in-aid received in estimated £ I account and vote. — , In ; I Expenditure. Unissued. ; Excess. estimated.* Excess of | but not g J | ANNUA! VOTE. VOTED | TOTAL VOTED. j j ESTIMATE.-? | RECEIVED. - ; j p Oedinaey Revenue Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. I £ s. d. I £ s. d. £ s. d. | 1 Legislative .. .. .. ..I 109,000 0 0 868 17 0 109,868 17 0 111,953 8 7 .. 2,084 11 7 1,377 0 0 .. 508 3 0 1 2 Prime Minister's Department .. .. 24,000 0 0 .. 24,000 0 0 24,549 18 10 .. 549 18 10 .. 23 3 5} j 3 Treasury .. .. .. .. 60,350 0 0 86,539 16 1 146,889 16 1 146,317 8 3 572 7 10 .. 108,850 0 0 .. 22,310 3 11 4 Customs.. .. .. .. .. 169,197 0 0 23,595 0 0 192,792 0 0 180,844 19 7 11,947 0 5 .. 23,595 0 0 3,671 11 0 5 Land and Income Tax .. .. .. 170,000 0 0 122,140 0 0 292,140 0 0 310,947 18 8 .. 18,807 18 8 122,140 0 0 3,359 0 0} 6 Stamp Duties .. .. .. .. 104,500 0 0 1,600 0 0 106,100 0 0 104,154 12 4 1,945 7 8 .. 1,600 0 0 127 8 7 ! 7 Audit .. .. .. .. .. 40,000 0 0 38,921 10 6 78,921 10 6 78,821 9 11 100 0 7 .. 39,800 0 0 .. 878 9 6 j 8 Public Service Commissioner's Office .. 16,000 0 0 850 0 0 16,850 0 0 17,044 1 0 .. 194 1 0 850 0 0 90 0 8} ; 9 Internal Affairs .. .. .. .. 508,624 0 0 162,976 0 0 671,600 0 0 712,128 0 7 .. 40,528 0 7 162,976 0 0 2,933 4 3} 10 External Affairs .. .. .. .. 215,943 0 0 38,554 6 9 254,497 6 9 248,286 10 1 6,210 16 8 .. 41,525 0 0 .. 2,970 13 3 11 Printing and Stationery .. .. .. 300,000 0 0 .. 300,000 0 0 293,183 15 5 6,816 4 7 .. .. .. .. 12 Marine .. .. .. .. .. 172,885 0 0 5,402 0 0 178,287 0 0 177,432 3 8 854 16 4 .. 5,402 0 0 3,245 9 6 I 13 Labour .. .. .. .. .. 2,616,282 0 0 111,150 4 7 2,727,432 4 7 2,628,476 16 4 98,955 8 3 .. 112,621 0 0 .. 1,470 15 5 i 14 Native .. .. .. .. .. 490,000 0 0 24,399 10 9 514,399 10 9 437,303 15 5 77,095 15 4 .. 25,530 0 0 .. 1.130 9 3 | 15 Valuation .. .. .. .. 50,000 0 0 18,675 0 0 68,675 0 0 57,021 18 11 11,653 1 1 .. 18,675 0 0 786 18 5 * .. 16 Electoral .. .. .. .. 7,100 0 0 20 0 0 7,120 0 0 8,192 4 5 .. 1,072 4 5 20 0 0 39 4 8} 17 Census and Statistics .. .. .. 36,000 0 0 2,150 0 0 38,150 0 0 35,517 16 7 2,632 3 5 .. 2,150 0 0 344 19 3 18 National Service .. .. .. .. 101,440 0 0 71,138 0 0 172,578 0 0 174,491 11 3 .. 1,913 11 3 71,138 0 0 2,442 19 2} 19 Justice and Prisons .. .. .. j 289,560 0 0 83,950 0 0 373,510 0 0 367,687 10 10 5,822 9 2 .. 83,950 0 0 12,096 17 0 20 Crown Law .. .. .. .. j 8,500 0 0 200 0 0 8,700 0 0 8,618 2 7 81 17 5 .. 200 0 0 70 0 2 21 Police .. .. .. .. .. | 649,478 0 0 5,326 12 1 654,804 12 1 655,042 3 6 .. 237 11 5 5,589 0 0 .. 262 7 11 22 Maintenance of Public Works and Services .. , 650,000 0 0 2,348,800 0 0 2,998,800 0 0 5,316,388 6 10 .. 2,317,588 6 10 2,348,800 0 0 2,391,891 8 3} 23 Lands and Survey .. .. .. 400,000 0 0 66,400 0 0 466,400 0 0 438,333 0 3 28,066 19 9 .. j 66,400 0 0 3,755 14 0 24 Agriculture .. .. .. .. 1,657,174 0 0 138,520 0 0 1,795,694 0 0 1,775,442 17 4 20,251 2 8 .. j 138,520 0 0 24,938 14 5 25 Industries and Commerce, Tourist and Publicity 524,115 0 0 75,302 6 0 599,417 6 0 764,144 7 7 .. 164,727 1 7 ! 119,986 0 0 .. 44,683 14 0 26 Scientific and Industrial Research .. .. 165,153 0 0 32,886 18 10 198,039 18 10 196,960 9 9 1,079 9 1 .. ! 34,590 0 0 .. 1,703 1 2 27 Mines .. .. .. .. .. 255,100 0 0 12,590 0 0 267,690 0 0 249,134 14 2 18,555 5 10 .. 12,590 0 0 3,481 14 7 28 Transport .. .. .. .. 73,000 0 0 25,670 5 9 98,670 5 9 93,032 0 5 5,638 5 4 .. 25,767 0 0 .. 96 14 3 29 Health .. .. .. .. .. 1,502,110 0 0 95,975 " 0 0 1,598,085 0 0 1,530,702 11 10 67,382 8 2 .. 95,975 0 0 11,118 9 11 30 Mental Hospitals .. .. .. .. 442,000 0 0 246,600 0 0 688,600 0 0 685,605 0 2 2,994 19 10 .. 246,600 0 0 13,334 8 7 31 Education .. .. .. .. 4,630,310 0 0 145,519 1 3 4,775,829 1 3 4,751,865 16 6 23,963 4 9 .. 179,814 0 0 .. 34,294 18 9 32 War and other Pensions .. .. .. 1,950,000 0 0 3,000 0 0 1,953,000 0 0 1,965,886 1 8 .. 12,886 1 8 3,000 0 0 5,669 5 1} 33 Social Security .. .. .. .. 3,200,000 0 0 .. 3,200,000 0 0 3,200,000 0 0 34 National Provident and Friendly. Societies .. 109,000 0 0 620 0 0 109,620 0 0 104,810 19 11 4,809 0 1 .. 620 0 0 677 9 6 Services not provided for .. £200,895 3 1 Less amounts recovered or transferred to votes .. 171,977 15 2 .. .. .. 28,917 7 11 Totals .. .. .. 21,696,821 0 0 3,990,340 9 7 25,687,161 9 7 27,879,240 1 1 397,428 4 3 2,560,589 7 10 4,100,650 0 0 2,484,098 0 5 110,309 10 5 * These are the amounts shown in column -i of the Schedule to the Appropriation Act, and are voted only to the extent to which they are actually received. t These credits have not been appropriated, and are not available for expenditure except under the provisions of section 51, subsection (3), of the Public Revenues Act, 1926. J Excess credits as follow were made available in accordance with section 51, subsection (3), of the Public Revenues Act, 1926: Vote No. 2, £23 3s. 5d. ; No, 5, £3,359; No. 8, £90, 0s. 8d; No. 9, £2,933 4s. 3d.; No. 16, £39 4s. 8d.; No. 18, £1,913 lis. 3d.; No. 22, £2,317,588 6s. lOd.; No. 32, £5,669 5s, Id.

B.—l [Pt. IJ.

PUBLIC ACCOUNTS, 1940-1941.

STATEMENT showing the ISSUES from the PUBLIC WORKS FUND for the FINANCIAL YEAR ended 31st March, 1941, compared with the Sums voted under the Appropriation Act, 1940.

32

(Under Section 86 of the Public Revenues Act, 1926.) S I Amount voted. I Credits-in-aid | Credits-in-aid a i ACCOUNT AST1 VOTT? ; EXPENDITURE AMOUNT ISSUED 0REDITS-IN-A1D RECEIVED IN ESTIMATED BUT g : account and vote. expenditure. Unissued. in Excess. estimated.* Excess oe ; not g | Annual Vote. voted Total voted. ! received. i | 1 i General Purposes Account. £ s. d. £ s. d. [ £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 35 ; Public Works, Departmental .. .. 190,155 0 0 1 393,110 0 0 583,265 0 0 586,290 12 0 .. 3,025 12 0 393,110 0 0 144,450 5 3} 36 | Railway-construction .. .. .. | 900,000 0 0 ! 54,000 0 0 954,000 0 0 945,907 12 7 8,092 7 5 .. 54,000 0 0 33,975 14 4 37 Railways Improvements and Additions to Open Lines .. .. .. .. .. j 1,582,050 0 0 I 47,041 16 6 1,629,091 16 6 1,119,201 10 4 509,890 6 2 .. 144,000 0 0 .. 96,958 3 6 38 Public Buildings .. .. .. ..I 1,072,525 0 0 | 16,600 0 0 1,089,125 0 0 i 922,436 9 0 166,688 11 0 .. 16,600 0 0 4,811 11 4 39 Education Buildings .. .. .. 700,000 0 0 ! 5,000 0 0 705,000 0 0 555,572 7 5 149,427 12 7 .. 5,000 0 0 9,165 18 9 40 Lighthouses and Harbour-works .. .. 32,320 0 0 300 0 0 32,620 0 0 35,412 19 7 .. 2,792 19 7 300 0 0 758 16 3} 41 Development of Tourist Resorts .. .. j 25,000 0 0 1,000 0 0 ! 26,000 0 0 23,634 8 7 2,365 11 5 .. 1,000 0 0 1,059 7 1 42 Roads, &c. .. .. .. .. j 570,000 0 0 51,546 9 11 621,546 9 11 650,559 14 11 .. j 29,013 5 0 56,610 0 0 .. 5,063 10 1 43 Telegraph Extension .. .. .. 325,000 0 0 275,000 0 0 i 6C0.000 0 0 531,279 13 7 68,720 6 5 .. 275,000 0 0 226 2 11 44 Lands, Miscellaneous .. .. .. 350,000 0 0 22,000 0 0 372,000 0 0 267,030 17 2 104,969 2 10 .. 22,000 0 0 2,073 4 5 45 Irrigation, Water-supply, and Drainage .. 617,500 0 0 27,500 0 0 645,000 0 0 672,309 11 8 .. | 27,309 11 8 27,500 0 0 33,771 9 3} 46 Swamp Land Drainage' .. .. .. 11.000 0 0 9,235 8 1 20,235 8 1 13,182 4 3 7,053 3 10 .. 11,925 0 0 .. 2,689 11 11 47 Small Farms Development.. .. .. 370,000 0 0 180,000 0 0 550,000 0 0 572,562 9 0 .. 22,562 9 0 180,000 0 0 77,133 16 0} 48 Native Land Settlement .. .. .. 350,000 0 0 650,000 0 0 1,000,000 0 0 1,010,870 14 10 .. 10,870 14 10 650,000 0 0 122,427 1 4} 49 Linen Flax Development .. .. .. 430,000 0 0 20 10 8 430,020 10 8 245,997 8 5 184,023 2 3 .. 1,000 0 0 .. 979 9 4 Services not provided for £1,434 0 5 Less amounts recovered or transferred to votes .. 45 19 5 — .. .. .. 1,388 1 0 Totals .. .. .. 7,525,550 0 0 1,732,354 5 2 9,257,904 5 2 8,153,636 14 4 1,201*230 3 11 95,574 12 1 1,838,045 0 0 429,853 6 11 105,690 14 10 Electric Supply Account. 50 Development of AVater-power .. .. 2,850,000 0 0 29,000 0 0 2,879,000 0 0 2,371,764 10 2 507,235 9 10 .. 29,000 0 0 38,432 11 2 Services not provided for .. .. .. .. .. .. 208 7 3 .. j Total .. .. .. 2,850,000 0 0 29,000 0 0 2,879,000 0 0 2,371,972 17 5 507,235 9 10 .. 29,000 0 0 38,432 11 2 * These are the amounts shown in column 4 of the Schedule to the Appropriation Act, and are voted only to the extent to which they are actually received. f These credits have not been appropriated, and are not available for expenditure except under the provisions of section 51, subsection (3), of the Public Revenues Act, 1926. t Excess credits as follow were made available in accordance with section 51. subsection (3), of the Public Revenues Act, 1926: Vote No. 35 £3,025 12s. Od.; No. 40, £758 16s. 3d.; No. 45, £27,309 lis. 8d.; No. 47, £22,562 9s. Od.: No. 48, £10,870 14s. lOd.

B.—l [Pt. I].

PUBLIC ACCOUNTS, 1940-1941.

STATEMENT showing the ISSUES from SEPARATE ACCOUNTS for the FINANCIAL YEAR ended 31st March, 1941, compared with the Sums voted under the Appropriation Act, 1940.

33

(Under Section 86 of the Public Revenues Act, 1926.) § | Amount voted. | i Credits-ik- aid Ckidits-in-aid h | Account and Vote ' j ; W Exppkdttiiei! Amount Issued in I Credits-inlaid received estimated g 1 ' annual Vote 1 Credits-in-aid j xotai voted ' unissued. Excess. i estimated.* ; in Excess of but hot i> ! VOTED. j • ESTIMATE.t EECEIVED. Land job Settlements Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. 51 Land for Settlements .. .. .. 399,900 0 0 100 0 0 400,000 0 0 380,014 14 3 19,985 5 9 .. 100 0 0 183 6 9 Main . Highways Account. 52 Main Highways .. .. .. .. 3,783,200 0 0 104,800 0 0 3,888,000 0 0 3,866,245 10 4 21,754 9 8 .... 104,800 0 0 240,162 19 9 Social Security Fund. 53 Administration Expenses and Emergency Benefits ;; .. .. 605,949 0 0 63,700 0 0 669,649 0 0 641,394 17 6 28,254 2 6 .. 63,700 0 0 5,474 9 4 54 Medical, Hospital, &c., Benefits' .. .. 1,686,000 0 0 922 13 0 1,686,922 13 0 1,777,607 6 7 .. 90,684 13 7 1,000 0 0 .. 77 7 0 Services not provided for .. £153 16 3 Less amount recovered .. 138 18 0 -- .. .. 14 18 3 Totals .. .. .. 2,291,949 0 0 64,622 13 0 2,356,571 13 0 2,419,017 2 4 28,254 2 6 90,684 13 7 64,700 0 0 5,474 9 4 77 7 0 State Coal-mines Account. 55 State Coal-mines .. .. .. .. 451,339 0 0 2,623 15 8 453,962 15 8 494,509 12 7 .. 40,546 16 11 3,150 0 0 .. 526 4 4 State Eokests Account. 56 State Forest Service .. .. .. 500,000 0 0 48,267 15 2 548,267 15 2 548,257 17 1 9 18 1 .. 66,820 0 0 .. 18,552 4 10 Services not provided for .. .. .. .. .. .. 90 10 0 Totals .. .. .. 500,000 0 0 48,267 15 2 548,267 15 2 548,348 7 1 9 18 1 .. 66,820 0 0 .. 18,552 4 10 | Working Railways Account. 57 Working Railways .. .. .. S,633, 909 0 0 1,297,805 14 1 9,931,714 14 1 9,959,968 1 7 .. 28,253 7 6 2,002,100 0 0 .. 704,294 5 11 6 These are the amounts shown in column 4 of the Schedule to the Appropriation Act, and are voted only to the extent to which they are actually received. f These credits have not been appropriated, and are not available for expenditure except under the provisions of section 51, subsection (3), of the Public Revenues Act, 1926.

B. —1 [Pt. IJ.

STATEMENT showing the ISSUES from ACCOUNTS OUTSIDE THE PUBLIC ACCOUNT for the FINANCIAL YEAR ended 31st March, 1941, compared with the Sums voted under the Appropriation Act, 1940.

PUBLIC ACCOUNTS, 1940-1941.

34

(Under Section 86 of the Public Revenues Act, 1926.) o Amount toted. I Gredits-in-aid credits- in-aid 13 Amount Issued in Ceedits-in-aid received Bl fi h : Account and Vote. — »xpenditdre. unissued. Excess. estimated.* i in Excess of | 1 ANNUAL VOTE. TOTAL VOTED. ! ESTIMATE.f NOT RECEIVED. Post Office Account. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. i 58 Post and Telegraph Working-expenses .. 4,034,415 0 0 309,190 9 2 4,343,605 9 2 3,973,4o0 3 8 370,155 5 6 .. 309,366 0 0 .. 175 10 10 Services not provided for ... .. •• •• •• 2,922 11 9 .. .. .. .. •• I Tota jg .. .. .. 4,034,415 0 0 309,190 9 2 4,343,605 9 2 3,976,372 15 5 370,155 5 6 .. 309,366 0 0 .. 175 10 10 Public Trustee's Account _ _ 59 Public Trust Office .. .. .. 357,849 0 0 150 0 0 357,999 0 0 342,029 0. 8 lo,969 19 4 .. 150 Q 0 7,973 18 / Services not provided for .. .. • • • ■ • • • • 32 13 9 .. • • -j ____U Totals .. .. 357,849 0 0 150 0 0 357,999 0 0 342,061 14 5 15,969 19 4 .. 150 0 0 7,973 18 7 Native Trustee's Account. 60 Native Trust Office .. .. •• 16,670 0 0 .. 16,670 0 0 14,495 13 3 2,174 6 9 .. .. .. - Government Insurance Account. 61 Government Insurance .. .. .. 162,802 0 0 732 10 4 163,534 10 4 136,645 17 6 26,888 12 10 .. 800 0 0 .. 67 9 8 ■ _| Public Service Superannuation Fund Account. 62 Public Service Superannuation Fund Office .. 8,725 00 50 00 8,/ 75 00 8,063 19 / /II 0 5 .. 50 0 0 9 0 1 State Fire Insurance Account. : 63 State Fire Insurance 186,212 0 0 23,002 0 0 209,214 0 0 138,627 14 2 70,586 5 10 .. 24,250 0 0 .. 1,248 0 0| Government Accident Insurance Account. 64 Government Accident Insurance .. .. 47,920 0 0 .. 47,920 0 0 42,088 12 4 5,831 / 8 .. oO 0 0 .. 50 0 0 * These are the amounts shown in column 4 of the Schedule to the Appropriation Act, and are voted only to the extent to which they are actually received. t These credits have not been appropriated, and are not available f cr expenditure except under the provisions of section 51, subsection (3), of the Public Revenues Act, 1926.

STATEMENT showing the ISSUES from ACCOUNTS OUTSIDE THE PUBLIC ACCOUNT for the FINANCIAL YEAR ended 31st March, 1941, compared with the Sums voted under the Appropriation Act, 1940 —continued.

PUBLIC ACCOUNTS, 1940-1941.

8.-l [PT. I].

B. C. Ash win, Examined and found correct, Secretary to the Treasury. Cyril G. Collins, A _ r F Mackay, M.Com. (N.Z.), Ph.D. (Lond.), Controller and Auditor- General. Accountant to the Treasury. 15th Jul), 1941. The Treasury, Wellington. 11th July, 1941.

7—B. 1 [PT. I].

35

(Under Section 86 of the Public Revenues Act, 1926.J g Amount voted. Ckedits-in-Aid r g ACCOUNT AND VOTE. j : EXPENDITURE AMOUNT ISSUED IN CEEDITS-IN-AID RECEIVED ESWMATFD mT o . CEEDIIq-TN-AIn ! UNISSUED. EXCESS. ESTIMATED.* IN EXCESS OF > Annual vote. ! "ora* ™ Total voted. Estimate.*)" not skived. i ' r i Dairy Industry Account. £ s. d. | £ s. d. i £ s. d. £ s. d. £ s. d. £ s. d. I £ s. d. £ s. d. ! £ s d 65 Dairy industry .. .. .. .. 39,790 0 0 I 28,230 6 3 j 68,020 6 3 65,798 19 7 2,221 6 8 .. 32,823 0 0 .. 4,592 13 9 Meat Industry Account, 66 Meat industry .. .. .. .. 39,223 0 ol .. 39,223 0 0 39,160 19 2 62 0 10 i | ; • • - Sundry Products Account. I 67 Services not provided for .. .. .. 22,136 0 0 406 1 1 22,542 1 1 20,319 7 2 2,222 13 11 .. 495 0 0 .. i 88 18 11 Wool Industry Account. 68 Wool industry .. .. .. .. 13,538 0 0 8,000 0 0 21,538 0 0 18,358 18 4 3,179 1 8 .. 8,000 0 0 Internal Marketing Account. : 69 Internal Marketing .. ... .. 74,141 0 0 300 0 0 74,441 0 0 | 71,242 14 2 3,198 5 10 j .. 300 0 0 i 2,398 18 2 Services not provided for .. .. . . .. .. .. 54 4 0 ; 1! H 1! H | H Totals •• •• 74,141 0 0; 300 0 0 74,441 0 0 71,296 18 2 3,198 5 10 .. 300 0 0 2,398 18 2 Fruit Industry Account. | ! j . 70 | Fruit industry .. .. .. .. 12,836 0 Oj ... 12,836 0 0 14,319 9 7 .. 1,483 9 7 .. 651 0 10 1 .. | Services not provided for . . .. .. .. .. ; .. j 123 2 8 Totals .. .. .. 12,836 0 0 .. j 12,836 0 0 14,442 12 3 .. 1,483 9 7 .. 651 0 10 1 : Broadcasting Account. 71 | Broadcasting .. .. .. .. 169,260 0 0 20,100 0 0 189,360 0 0 154,997 15 0 34,362 5 0 .. 20,100 0 0 3,828 11 2 .. ; Commercial Broadcasting .. .. . 155,890 0 0 j 500 0 0 ; 156,390 0 0 136,048 2 5 20,341 17 7 .. 500 0 0 1,904 3 9 Totals .. .. .. ! 325,150 0 0 20,600 0 0 I 345,750 0 0 291,045 17 5 54,704 2 7 .. 20,600 0 0 5,732 14 11 » ! — ' : Iron and Steel Industry Account. j 72 ! Iron and Steel Industry .. .. .. 10,000 0 0 3,080 0 Oj 13,080 0 0 10,817 19 4 2,262 0 8 .. 3,080 0 0 1,262 3 3 j . + ° f the Schedule to the Appropriation Act and are voted only to the extent to which they are actually received. f These credits have not been appropriated, and are not available for expenditure" P provisions of secaon 51, subsection (3), of the Public Revenues Act, 1926. 1 Excess credits as follows were made available in accordance with section 51, subsection (3), of the Public Revenues Act, 1926 : Vote Xo. 79, £651 0s. J.O L

B.— 1 [Pt. i].

PUBLIC ACCOUNTS, 1940-1941.

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND (Ordinary Revenue Account) under the Civil List Act, 1920, Parts I, II, and V, for the Financial Year ended 31st March, 1941.

36

(Presented in terms of Seotion 65 of the Constitution Act, 1852.) Permanent Appropriations under Special Acts of £ s - d - £ s. d. £ 8 . d. the Legislature. CIVIL LIST. PART I. His Excellency the Governor-General : — Right Hon. Yisoount Galway, P.O., G.C.M.G., D.S.O., O.B.E., — Salary, 1st April, 1940, to 3rd February, 1941 .. 4,211 6 2 Allowance, 1st April, 1940, to 3rd February, 1941 .. 2,105 13 1* . 6,316 19 3 Sir C. L. N. Newall, G.C.B., O.M., G.C.M.G., C.B.E.,— Salary, 22nd February, 1941, to 31st March, 1941 . . 520 16 8 Allowance, 22nd February, 1941, to 31st March, 1941.. 260 8 4* 781 5 0 Administrator oe the Government : — Hon. Sir Michael Myers, K.C.M.G., K.B.,— Salary, 3rd February, 1941, to 22nd February, 1941 .. 148 16 2 Allowance, 3rd February, 1941, to 22nd February, 1941 148 16 2 297 12 4 7,395 16 7 PART II. Establishment oe the General Government : — Prime Minister, &c., — Right Hon. M. J. Savage, P.O.— Salary, 1st March, 1940, to 27th March, 1940 .. .. 130 12 11 Plight Hon. P. Fraser — Salary, 1st April, 1940, to 31st March, 1941 . . 1,800 0 0 House allowance, 1st April, 1940, to 31st March, 1941 18 5 7 1,818 5 7 Minister of Finance, &c., — Hon. W. Nash—Salary, 1st April, 1940, to 31st March, 1941 .. 1,170 0 0 House allowance, 1st April, 1940, to 31st March, 1941 200 0 0 1,370 0 0 Minister of Industries and Commerce, &c., — Hon. I). G. Sullivan — Salary, 1st April, 1940, to 31st March, 1941 .. 1,170 0 0 House allowance, 1st April, 1940, to 31st M.arch, 1941 200 0 0 1,370 0 0 Minister of Education, &c.,— Hon. H. G. R. Mason — Salary, 1st April, 1940, to 31st March, 1941 . . . . 1,170 0 0 Minister of Public Works, &c., — Hon. H. T. Armstrong— Salary, 1st April, 1940, to 31st March, 1941 .. .. 1,170 0 0 Minister of Railways, &c., — Hon. R. Semple— Salary, 1st April, 1940, to 31st March, 1941 . . 1,170 0 0 House allowance, 1st April, 1940, to 31st March, 1941 200 0 0 1,370 0 0 Minister of Internal Affairs, &c., — Hon. W. E. ParrySalary, 1st April, 1940, to 31st March, 1941 .. 1,170 0 0 House allowance, 1st April, .1940, to 31st March, 1941 200 0 0 1,370 0 0 Minister of Labour, &c., — Hon. P. C. Webb — Salary, 1st April, 1940, to 31st March, 1941 .. 1,170 0 0 House allowance, 1st April, 1940, to 31st March, 1941 200 0 0 1,370 0 0 Minister of Defence, &c., — Hon. F. Jones— Salary, 1st April, 1940, to 31st March, 1941 .. .. 1,170 0 0 Minister of Lands, &c., — Hon. F. Langstone — Salary, 1st April, 1940, to 31st March, 1941 .. .. 1,170 0 0 Carried forward .. .. .. •• .. 13,478 18 6 7,395 16 7 i » * See also £3,932 0s. 4d. urnler " Other Special Acts, Miscellaneous," Appropriation Act, 1926, section 15. B.-l [Pt. It],

B. —1 [PT. I]

PUBLIC ACCOUNTS, 1940-1 941.

STATEMENT of the DISBURSEMENTS of the CONSOLIDATED FUND—continued.

B. C. Ashwin, Examined and found correct, Secretary to the Treasury. Cyril G. Collins, A. R. F. Mackay, M.Com. (N.Z.), Ph.D. (Lond.), Controller and Auditor-General. Accountant to the Treasury. 15th July, 1941. The Treasury, Wellington, 11th July, 1941.

B—B. 1 [PT. I].

37

£ s. d. £ a. d. £ s. d. Brought forward .. .. .. .. 13,478 18 6 7,395 16 7 Establishment or the General Government—continued. CIVIL LIST ACT, 1920. Part II—continued. Minister of Immigration, &c., —- Hon. D. Wilson— House allowance, 1st April, 1940, to 31st March, 1941 . . 200 0 0 Minister of Agriculture, &c., — Hon. W. Lee Martin— Salary, 1st April, 1940; to 21st January, 1941 .. .. 946 16 7 Minister of Marine, &e., — Hon. Dr. D. G. McMillan— House allowance, 12th June, 1940, to 21st January, 1941 . . . . .. . . .. .. 122 7 8 Minister of Agriculture, &c., — Hon. J. G. BarclaySalary, 21-et January, 1941, to 31st March, 1941 .. 229 12 0 House allowance, 21st January, 1941, to 31st March, 1941 .. .. " . . . . .. 39 4 11 268 16 11 Minister of Health, &o., — Hon. A. H. Nordmeyer— House allowance, 21st January, 1941, to 31st March, 1941 .. .... . . .. . . 39 4 II Member of the Executive Council representing the Native Race: — Hon. P. K. Paikea— Salary, 21st January, 1941, to 31st March, 1941 .. 194 5 6 House allowance, 21st January, 1941, to 31st March, 1941 .. .. .. .. .. 39 4 11 233 10 5 War Cabinet (Members additional to Prime Minister, Minister of Einance, and Minister of Defence) — Right Hon. J. G. Coates— House allowance, 16th July, 1940, to 31st March, 1941 .. 141 18 9 Hon. A. Hamilton— House allowance, 16th Julv, 1940, to 31st March, 1941 .. 141 18 9 15,573 12 6 PART V. Native Transfer to Vote " Health, being Civil List contribution towards, —- Maori medical services .. .. .. .. 3,000 0 0 Medical services : Native nurses .. .. .. 600 0 0 Running-cost of motor-car : Native nurse .. ,. 32 10 0 3,632 10 0 Eood, clothing, &c., supplied to Natives .. .. .. 112 16 1 Eares for Natives .. . . .. . . .. .. 0 5 10 Funeral and tangi expenses of Natives .. .. .. 52 9 2 Flags for Natives .. .. .. . . .. . . 17 17 0 Native hostels .. .. .. .. .. . . 198 4 1 Contribution towards cost of artificial limbs . . .. . . 21 10 0 — 4,035 12 2 £27,005 1 3

B.—l [Ft. I].

PUBLIC ACCOUNTS, 1 940-1941.

ABSTRACT of the UNATHORIZED EXPENDITURE ACCOUNT for the FINANCIAL YEAR ended 31st March, 1941.

38

; ■ : - ; ' ' ' ■ . ; 1 (Under Section 58 oe the Public Revenues Aot, 1926.) £ s. d. £ s. d. £ s. d. £ s. d. CONSOLIDATED FUND. Ordinary Revenue Account. FOR SERVICES NOT PROVIDED FOR. Treasury Department:— Advance to J. C. Williamson for draining and top-dressing property .. .. .. .. . . 166 0 0 Legal costs ; Townsend and Paul v. Picot and N.Z. Fisheries .. .. .. .. •. 85 0 10 Salary in lieu of leave on retirement: D. A. McCurdy .. 39 3 4 Cost of removal of Public Service Superannuation Office furniture, &c., to State Fire Building .. .. 47 4 4 Half-year's interest on New Zealand Government 4-per-cent. stock, misappropriated .. .. .. 9 0 0 346 8 6 Customs Department— Expenses of L. S. Nicol 1 and family returning to New Zealand from England .. .. .. .. 405 3 6 Cost-of-living allowance granted to L. S. Nicol while in England .. .. .. . . .. 150 0 0 Passage-money, London to New Zealand, of Misses E. and G. Lawrence .. .. .. .. 142 14 0 Compassionate grants to widows of deceased officers— £ s. d. Widow of A. W. Jackson .. .. 150 0 0 Widow of P. D. Jones .. .. 282 0 0 432 0 0 —. — 1,129 17 6 Stamp Duties Department Refund of company annual license duty and registration fee paid on a proposed increase of capital (consent to increase capital was refused) .. .. .. 8 3 10 Refund of death duty .. .. .. .. 211 15 1 219 18 11 Internal Affairs Department:— Expenses of Economic Stabilization Conference .. 550 5 10 Cost of air transport for His Excellency the GovernorGeneral and family returning to England .. .. 562 0 0 Grant towards expenses of United Fire Brigades' Conference .. .. . . .. .. 500 0 0 Grants to High Commissioner's staff to meet evacuation expenses .. .. .. • • • • 140 0 0 Salaries of officers in lieu of leave on retirement — £ s. d. A. W. Pyne .. .. 55 8 4 L. A. Barber ... .. .. 10 13 4 66 1 8 , 1,818 7 6 Printing and Stationery Department:— Compassionate grants to widows of deceased officers — £ s. d. Widow of A. G. MacAulay .. 26 2 9 Widow of T. MeNair .. .. .. 8 10 34 3 9 Salary in lieu of leave on retirement —R. W. Purkis .. 14 7 3 Salary of officer for portion of year ending 31st March, 1942 3 3 1 Marine Department: — Compassionate grant to widow of deceased officer: D. F. McLeay .. .. .. .. .. 43 9 ■ 8 Erection of shed and reception-box at Island Bay for storage of fish livers .. .. .. .. 60 9 0 Compensation for loss of effects of officers on transfer to Cape Reinga .. .. .. • • • ■ 75 0 9 £ s. d. Repairs to Havelock Wharf Less Credits in Reduction .. .. 130 0 0 Or. 130 0 0 (Half-cost of repairs subscribed by Havelock Harbour 48 19 5 Board) Labour Department: — Compassionate grant to widow of deceased officer: G. A. C. Adler .. .. .. .. •• 25 0 0 Native Department : l — Grant for housing of Maori agricultural workers, Pukekohe ' •• 20,000 0 0 Census and Statistics Department— ' Salary of officer for portion of year ending 31st March, 1942 .. 8 9 6 Carried forward .. .. .. •• 23,648 15 5

B.—l [Pt. I].

PUBLIC ACCOUNTS, 1 940-1 941.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

39

CONSOLIDATED FUND —continued. £ s. d. £ s. d. £ s. d. £ s. d. Ordinary Revenue Account—continued. FOR SERVICES NOT PROVIDED FOR—continued. Brought forward .. .. .. .. 23,648 15 5 i Police Department:— Compassionate grants to widows of deceased members of Police Force — £ s. d. Inspector C. E. Roach . . .. 41 3 6 Constable A. King . . . . 39 13 2 Sergeant R. G. Wade .. . . 29 1 6 109 18 2 — 109 18 2 Scientific and Industrial Research Department:— Grant to W. M. Hamilton to cover cost of transfer from London to New Zealand .. , . .. .. 150 0 0 Transport Department:— Salary of officcr for portion of the year ending 31st March, 1942 .. .. .. .. .. . , 10 7 8 Department of Health :—- Ex gratia payment to Miss A. E. Duggan covering effects lost in fire .. .. .. .. .. 40 0 0 Payment to Miss C. J. McGovern of damages and expenses in respect of accident in dental clinic .. .. 366 7 0 Medical and legal expenses of L. Craill, injured at Gisborne 12 18 2 419 5 2 Public Works Department:— Advance to Y.Sl.C.A. for purchase of stock and fittings, Hollyford Canteen .. . . .. .. 283 0 0 Expenditure on flood damage, Marlborough County .. 222 1 5 — — 505 1 5 Railways Department:— Payment of Is. per day to engine-drivers-, 16th and 17tli Railways Operating Companies .. .. .. .. 435 8 0 Social Security Department:— Payment of Christmas bonus to unemploy- £ s. d. ment beneficiaries .. .. 3,661 17 0 Less credits in reduction .. .. 59 0 0 3,602 17 0 Payment of annuity to Mrs. J. 8. MacPherson .. 35 15 1 3,638 12 I 28,917 7 11 FOR SERVICES IN EXCESS OF VOTES. Vote 1—Legislative .. .. .. .. 2,084 11 7 Vote 2 —Prime Minister's Department .. .. . . 526 15 5 Vote 5—Land and Income Tax .. .. .. .. 15,448 18 8 Vote 8 —Public Service Commissioner's Office .. .. . . 104 0 4 Vote 9—Internal Affairs .. .. .. .. .. 37,594 16 4 Vote 16—Electoral .. .. .. .. .. .. 1,032 19 9 Vote 21—Police .. .. .. .. .. .. 237 11 5 Vote 25—Industries and Commerce, Tourist and Publicity .. 164,727 1 7 Vote 32 —War and other Pensions .. .. .. .. 7,216 16 7 228,973 11 8 — 257,890 19 7 PUBLIC WORKS FUND. General Purposes Account. FOR SERVICES NOT PROVIDED FOR. I ( Public Works Department:— Imprest moneys and amounts held on behalf of workmen, misappropriated by departmental officer .. .. , . 999 2 8 Ex gratia payment in lieu of rates, Waihua Development Scheme . . . . .. .. . . . . 139 0 7 Salaries of officers in lieu of leave on retirement— 1 Miss. F. M. McGovern . . .. .. .. 17 6 8 G. Weaver .. .. . . .. .. 99 4 5 J. Wood .. .. .. .. .. 133 6 8 , 249 17 9 1,388 1 0 FOR SERVICES IN EXCESS OF VOTES. Vote 40 —Lighthouses and Harbour Works .. .. .. 2,034 3 4 Vote 42—Roads, &c. .. .. .. .. .. 29,013 5 0 31,047 8 4 32,435 9 4 Carried forward .. .. .. .. .. .. 290,326 8 11

B.—i I[PT. I].

PUBLIC ACCOUNTS, 19 4 0-194 1.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT —continued.

40

£ b. d. £ a. d.' £ s. d. £ s. d. Brought forward .. . ■ • • • • • • • • ,326 8 11 PUBLIC WORKS FUND—continued. Electric Supply Account. FOR SERVICES NOT PROVIDED FOR. Public Worlcs Department:— Expenses of members, Electrical Regulations Advisory Committee .. . . .. . • • • • • • • 194 2 1 Compassionate grant to widow of deceased officer: F. Sandager .. .. .. .. • • • ■ • • 14 5 2 b 208, 7 3 SEPARATE ACCOUNTS. Social Security FundFOR SERVICES NOT PROVIDED FOR. Social Security Department:— Medical expenses incurred by C. H. Kent (injured while on duty) .. .. ■■ .. •• •• 626 Money stolen from Department's office, Kaikohe .. .. 8 15 9 14 18 3 FOR SERVICES IN EXCESS OF VOTE. Vote 54 —Medical, hospital, &c., benefits .. .. .. •• 90,684 13 7 90,699 11 10 State Coal Mines Account. FOR SERVICES IN EXCESS OF VOTE. Vote 55—State Coal-mines .. .. .. .. •• •• •• 40,546 16 11 State Forests Account. FOR SERVICES NOT PROVIDED FOR. Forestry Department:— Wages and expenses of employees wrongfully dismissed .. .. • • 90 10 0 ACCOUNTS OUTSIDE THE PUBLIC ACCOUNT. Post Office Account. FOR SERVICES NOT PROVIDED FOR. Compassionate allowances to widows of deceased officers :— Widow of W. Allen .. .. .. .. .. 71 0 0 Widow of A. Ashby .. .. .. .. .. 53 0 0 Widow of R. A. Bennett .. .. .. .. .. 97 0 0 Widow of G. Brooke .. .. .. . . .. 114 0 0 Widow of P. Bradley .. .. .. .. .. 110 0 0 Widow of E. Douglas . . .. .. .. .. 55 0 0 Widow of W. M. Efford .. .. .. .. .. 74 0 0 Widow of E. S, Gyton .. .. .. .. .. 70 0 0 Widow of F. J. Kestell .. .. .. .. •. 86 0 0 Widow of L. H. Longney . . .. . . .. .. 139 0 0 Widow of C. Liddington .. .. .. .. .. 102 0 0 Widow of J. T. McGrane ... .. .. .. .. 190 0 0 Widow of P. H. Mason .. .. .. .. .. 364 0 0 Widow of W. C. B. Mulholland .. .. .. .. 127 0 0 Widow of II. C. Rowe . . .. .. .. .. 97 (.) <0 Widow of W. P. J. Shearman .. .. .. .. 153 0 0 Widow of D. S. Tate .. .. .. .. .. 78 0 0 Widow of L. A. White .. .. .. .. . . 153 0 0 :— 2,133 0 0 Cost of laying private siding at Melling .. .. .. .. 749 6 6 Expenses : Conference of District Controlling Officers .. .. .. 40 5 3 2,922 11 9 Public Trustee's Account. FOR SERVICES NOT PROVIDED FOR. Salary of in lieu of leave on retirement: J. W. Campbell .. .. .. 32 13 9 Carried forward .. .. .. .. •• \ • ■ 424,827 0 5

B.—l [PT. Ij.

PUBLIC ACCOUNTS, 1940-1 9 4 1.

ABSTRACT of the UNAUTHORIZED EXPENDITURE ACCOUNT—continued.

SUMMARY.

Examined and found correct. B. C. Ashwin, Secretary to the Treasury. Cyril G. Collins, Controller and Auditor-General. A. R. F. Mackay M.Com. (N.Z.), Ph.D. (Lond.), 15th July, 1941. Accountant to the Treasury. The Treasury, Wellington, 11th July, 1941.

41

£ s. d. £ s. d. £ s. d. £ e. d. Brought forward .. .. .. .. .. .. 424,827 0 5 ACCOUNTS OUTSIDE THE PUBLIC ACCOUNT —continued. Internal Marketing Account. FOR SERVICES NOT PROVIDED FOR Expenses of visit to Australia of R. B. Tennent in connection with export of potatoes . . .. . . .. .. ,. .. 54 4 0 Fruit Industry Account. FOR SERVICES NOT PROVIDED FOR. Apple and Pear Section—Expenses of conference of Inspectors and Assembly Staff .. .. .. . . . . 123 2 8 FOR SERVICES IN EXCESS OF VOTE. Vote 70 —Fruit Industry .. .. .. .. .. .. 832 8 9 955 11 5 Total .. .. ,.i .. .. .. .. 425,836 15 10 Surplus Credits-in-aid applied in Terms of Section 51, Subsection (3), of the Public Revenues Act, 1926. Ordinary Revenue Account. £ s. d. £ s. d. £ s. d. £ s. d. Vote 2—Prime Minister's Department . . .. .. . . 23 3 5 Vote 5 —Land and Inoome Tax .. .. .. .. .. 3,359 0 0 Vote 8: —Public Service Commissioner's Office .. .. .. .. 90 0 8 Vote 9 —Internal Affairs .. . . . . .. .. . . 2,933 4 3 Vote 16 —Electoral .. .. .. . . .. .. .. 39 4 8 Vote 18 —National Service .. .. .. .. .. .. 1,913 11 3 Vote 22 —Maintenance of Public Works and Services .. .. .. 2,317,588 6 10 Vote 32 —War and other Pensions . . . . .. .. .. 5,669 5 1 2,331,615 16 2 Public Works Fund.—General Purposes Account. Vote 35 —Departmental .. .. .. .. .. .. 3,025 12 0 Vote 40 —Lighthouses and Harbour-works .. .. .. .. 758 16 3 Vote 45—Irrigation, Water-supply, and Drainage .. .. .. 27,309 11 8 Vote 47—Small-farms Development .. .. . . .. .. 22,562 9 0 Vote 48—Native Land Settlement .. .. .. .. .. 10,870 14 10 64,527 3' 9 Fruit Industry Account. Vote 70 —Fruit Industry .. .. .. .. .. .. .. 651 0 10 2,396,794 0 9

Unauthorized Amount Unauthorized Expenditure. Authority. expended. For services in connection with Working Railways under the control of the Government £ s. d. £ s. d. Railways Department .. .. .. .. .. .. .. 100,000 0 0 For all other services .. .. .. .. .. .. .. .. 500,000 0 0 425,836 15 10 Total Unauthorized Expenditure .. .. .. .. .. 600,000 0 0 425,836 15 10 j Surplus credits-in-aid expended .. .. .. .. .. .. .. .. 2,396,794 0 9 Total Expenditure in Excess or Appropriation .. .. .. .. 2,822,630 16 7

B.—l [PT. I].

PUBLIC ACCOUNTS, 1940-41. SUMMARY of CERTIFIED STATEMENTS of LIABILITIES as on 31st Maboii, 1941, as rendered by respective Departments in terms of Section 4-6 of the Public Revenues Act, 1926. CONSOLIDATED FUND, ORDINARY REVENUE ACCOUNT. Permanent Charges. Under special Acts:— £ s. d. £ s. d. Appropriation Act, 1926, Section 15 .. .. •. 472 7 3 Civil List Act, 1920, Part I 141 7 5 Civil List Act, 1920, Part V .. .. .. •. 43 0 0 Finance Act, 1935 (No. 2) Section 17 .. .. .. 4,420 0 6 5,076 15 2 Refunds of Revenue : — Customs Duty .. .. •• 1,071 10 5 Sales Tax .. .. • • ■ ■ • • • • 355 5 0 Stamp and Death Duties .. " •• .1,619 1 7 British Nationality and Status of Aliens (in New Zealand) Act 1 0 0 Cinematograph Films Act, 1928 . . . . .. • • 1 0 0 Explosives and Dangerous Goods Act, 1908 .. .. 6 5 0 Public Safety Conservation Act, 1932 . . .. .. 0 10 0 Territorial Revenue .. • • • • • • • • 16 5 10 3,070 17 10 Votes. Legislative . . • • • • • ■ • • ■ • • • • ■ 6 1 Prime Minister's Department • • • • ■ • • • • • • • 171 Treasury .. . • •• • • •■ • • • • . . ■ .. 642 10 9 Customs .. • • ■ ■ • • • ■ • • ■ • ■ ■ • • 3,179 6 Land and Income Tax .. ■■ ■■ •• 23,704 10 7 Stamp Duties .. •• •• •• 5,528 2 0 Audit .. ■ • • • • ■ • • • - • ■ • • • • 1,665 19 7 Public Service Commissioner's Office .. •• ■■ •• •• 163 4 3 Internal Affairs .. •• ■■ •• •• •• ■ • 19,185 11 10 External Affairs .. •• ■■ ■■ •• 2,182 14 11 Printing and Stationery . • ■ • • • ■ • ■ • ■ • 23,404 14 6 Marine • • • • ■ • • ■ • ■ ■ • .. 6,449 8 3 Labour " " KMW » ' ?' 288 0 1 Valuation .. .. •• •• •• • • •• i Electoral . . .. 16 0 Census and Statistics . • • • ■ ■ • • ■ ■ • • • - . 14 0 National Service .. .. •• •• •• •• •• I'oli c q Justice and Prisons .. • • • • • ■ ■ • • • • • • ■ '>*'j_ ° 9 Crown Law Office .. .. ■ • ■ ■ • • ■ • • • ■ • 19 6 Police . • • • • • • ■ • ■ • • • • • • • • ' Maintenance of Public Works and Services .. .. .. 425,297 6 3 Lands and Survey .. ■■ •• •• •• 6,200 3 11 Agriculture.. • • • • • ■ ■ • • • • • • • • ■ 94» £ Industries and Commerce, Tourist and Publicity . • ■ • ■ ■ • • 34, 652 lo 5 Scientific and Industrial Research .. .. .. •• 3,777 6 8 Mines 17 10 Sr rt :: :: :: :: :: :: " :: :: 41 Mental Hospitals 12,065 19 9 Education ' , 1 War and other Pensions .. . • •• •• •• , ! National Provident and Friendly Societies .. .. .. • • ■ • 443 15 11 Total, Consolidated Fund, Ordinary Revenue Account £1,043,588 16 5

42

B.—l [PT. I].

PUBLIC ACCOUNTS, 1940-41. SUMMARY of CERTIFIED STATEMENTS of LIABILITIES as on 31st March, 1.941, as rendered by respective Departments in terms of Section 46 of the Public Revenues Act, 1926 —continued. CONSOLIDATED FUND, DEPOSITS ACCOUNT. £ s. d. Primary Education Endowment .. .. .. .. .. .. 2,022 0 3 Secondary Education Endowment .. .. .. .. .. .. 244 0 8 Orchard-tax Act, 1927 .. .. .. .. .. .. .. 204 11 5 Unemployment Insurance Stamps .. .. .. .. .. .. 170 5 10 Total, Consolidated Fund, Deposits Account .. .. .. £2,640 18 2 PUBLIC WORKS FUND, GENERAL PURPOSES ACCOUNT. Votes. Public Works, Departmental .. .. .. .. .. .. 6,707 4 2 Railway-construction .. .. .. .. .. .. ~ 36,225 16 7 Railways Improvements and Additions to Open Lines .. .. .. .. 20,327 6 4 Public Buildings .. .. .. .. .. .. .. .. 90,178 13 0 Education Buildings .. .. .. .. .. .. .. 35 828 16 8 Lighthouses and Harbour Works .. .. .. .. .. 4,286 12 9 Development of Tourist Resorts .. .. .. .. .. .. 258 5 0 Roads, &c. .. .. .. .. .. .. .. .. 38,015 0 4 Telegraph Extension .. .. .. .. .. ~ ~ 231,751 0 0 Lands, Miscellaneous .. .. .. .. .. .. .. 12,854 17 0 Irrigation, Water-supply, and Drainage .. .. .. .. .. 78,072 17 0 Swamp Land Drainage .. . . . . . . .. ~ ~ 4,471 8 1 Small Farms Development .. .. .. .. .. 16,736 13 4 Native Land Settlement .. .. .. .. .. .. .. 29,934 0 0 Linen Flax Development .. .. .. .. .. .. 22,140 15 3 Total, Public Works Fund, General Purposes Account .. £627,789 5 6 Public Works Fund—Electric Supply Account .. .. .. .. .. 274,473 16 8 Land for Settlements Account . . .. .. .. .. .. 34 777 7 6 Main Highways Account .. .. .. .. .. .. 194,791 15 9 Social Security Fund .. .. .. .. .. .. .. 360,'181 18 5 State Coal-mines Account .. .. .. .. .. .. .. 47,116 4 9 State Forest Account .. .. .. .. .. .. .. 25,049 10 7 War Expenses Account— £ s. d. Navy .. .. .. .. .. .. .. 28,526 15 9 Army .. . . . . .. .. .. .. 1,670,050 19 7 Air .. .. .. .. .. .. .. 562,837 010 Civil .. .. .. .. .. .. .. 7,631 3 8 Refunds of Revenue .. .. .. .. .. 6,739 1 0 2,275,785 0 10 Working Railways Account .. .. .. .. .. .. .. 404 762 19 6 Government Insurance Account .. .. .. .. .. .. 7,290 5 6 Government Accident Insurance Account . . .. . . . . .. 741 10 7 Housing Account .. .. .. .. .. .. .. .. 68,150 0 5 Post Office Account .. .. .. .. .. .. 315,376 0 0 Public Service Superannuation Fund Account .. .. .. .. 31272 Public Trust Office Account .. .. .. .. .. .. 8,469 14 2 State Fire Insurance Account .. . . .. .. .. ~ 3 5 743 \ 0 State Iron and Steel Industry Account .. .. .. .. .. 956 3 5 Internal Marketing Account .. .. . . .. . . . . . , 206,813 3 3 Fruit Industry Account .. . . .. .. .. . . . 182,565 14 10 Marketing Department (Export Division) .. .. .. , , 1 547 4 7 Broadcasting Account — £ s. d. Subdivision I.—Broadcasting .. .. .. .. 22,799 14 5 Subdivision IT. —Commercial Broadcasting .. .. 3,869 15 4 26,669 9 9

43

B.—l' [Pt. I].

PUBLIC ACCOUNTS, 1940-41. SUMMARY of CERTIFIED STATEMENTS of LIABILITIES as on 31st March, 1941, as rendered by respective Departments in terms of Section 46 of the Public Revenues Act, 1926' —continued. SUMMARY. Consolidated Fund— £ s. d. ,£ s d. Ordinary Revenue Account .. .. .. .. 1,043,588 16 5 Deposits Account .. .. .. . • ■. 2,640 18 2 — 1,046,229 14 7 Public Works Fund — General Purposes Account .. .. .. .. 627,789 5 6 Electric Supply Account .. .. .. • • 274,473 16 8 902,263 22 Land for Settlements Account .. .. .. .. •• •• 34,777 7 6 Main Highways Account .. .. .. .. .. •• •• 194,791 15 9 Social Security Fund .. .. .. .. •• •• • ■ 360,181 18 5 State Coal-mines Account .. .. .. .. • • • • • • 47,116 4 9 State Forests Account .. .. .. .. • • • • • ■ 25,049 10 7 War Expenses Account — £ s. d. Navy . .. .. .. •• 28,526 15 9 Army .. .. .. .. ... • • 1,670,050 19 7 Air . .. .. •• 562,837 0 10 Civil 7,631 3 8 Refunds of Revenue .. .. .. .. •• 6,739 I 0 2,275,785 0 10 Working Railways Account .. .. .. •• •• 404,762 19 6 Government Insurance Account .. .. .. .. .. • • 7,290 5 6 Government Accident Insurance Account .. .. .. .. • • 741 10 7 Housing Account .. . • .. ■ • • • • • 68, 150 0 5 Post Office Account .. .. .. • • • • • • • • 315,37 6 0 0 Public Service Superannuation Fund Account .. .. •• 312 7 2 Public Trust Office .. .. •• •• •• 8,469 14 2 State Fire Insurance Account .. .. .. ■. • • • • 3,743 1 0 State Iron and Steel Industry Account .. .. .. • ■ • ■ 956 3 5 Internal Marketing Account .. .. .. • • • • .. 206,813 3 3 Fruit Industry Account .. .. .. .. .. •• 182,565 14 10 Marketing Department —Export Division .. .. .. •• 1,547 4 7 Broadcasting Account £ s. d. Subdivision I.—Broadcasting .. .. .. .. 22,799 14 5 Subdivision II. —Commercial Broadcasting .. .. 3,869 15 4 26,669 9 9 Total, all accounts .. .. .. •• £6,113,592 8 9 Note.—As the law does not require these figures to be audited, the Audit Office has not examined this statement.

Approximate Cost of Paper.—Preparation, not given ; printing (570 copies), £95.

By Authority: E. V. Paul, Government Printer, Wellington. —1941.

Price 7 s.]

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