8.-6

Expenditure for the Year ended 31st March, 1918, compared with the Year ended 31st March, 1917.

Surplus. Before ray departure for England I announced that the surplus for the year 1917-18 amounted to £5,085,934, and I now supply the details showing how the surplus is arrived at. 1 may explain that the accumulated surpluses at the 31st March, 1917, amounted to £6,474,854, and consequently, after adding the abovenamed surplus for 1917-18, it will be seen that the total surplus at the 31st March, 1918, amounted to £11,560,788. The surplus for the year 1917-18 is arrived at as follows : — £ Revenue .. .. .. .. .. 20,206,221 Expenditure.. .. .. .. ..15,120,287 -5,085,934 Add surplus at the end of the financial year 1916-17 . . 6,474,854 Total accumulated surplus .. .. .. £11,560,788 PUBLIC WORKS FUND. The following figures will serve to show that, although expenditure upon public works has been very considerably curtailed during the past year, essential services have still been provided for, and a total amount of £1,141,172 has been spent on these services.

II

Yoar ended I Yoar ended 31st March, 31st March, 1918. 1917. Increase. ! Decrease. Permanent Appropriations, — Civil List Interest and Sinking Fund .. Under special Acts. . Subsidies paid to Local Authorities Territorial Revenue Endowments Old-age Pensions Widows' Pensions Military Pensions . . Way Pensions £ £ 27,674 27,473 4,430,779 : 1.014,792 621,258 I 988,301 139,213 130,716 48,831 52,033 164,543 i 165,237 612,464 453,085 57,931 37,918 50,733 45,634 515,384 180,166 £ £ 201 115,987 \ 367,Od3 8,497 3,202 694 159,379 20,013 5,099 335,218 , Annual Appropriations,— Legislative Departments Departments of Finance Post and Telegraph Department Working Railways Department Public Buildings, Domains, and Maintenance of Roads Native Department Justice Department Mines Department Department of Internal Affairs Defence Department Customs, Marine, and Inspection of Machinery Departments Department of Labour Department of Lands and Survey Department of Agriculture, Industries, and Commerce Education Department Services not provided for 6,668,810 6,095,355 914,394 370,939 lane 41,797 34,939 132,896 106,722 1,487,145 1,368,490 3,067,658 2,871,977 3e 99,393 94,939 6,858 26,174 118,655 195,681 4,454 iner i 24,242 24,19] 485,428 459,914 26,613 28,278 529,668 474,965 428,112 -'138,656 •y 163,394 j 169,865 51 25,514 1,665 54,703 i 10,544 6,471 am 30,746 32,725 192,769 192,992 id 224,565 216.897 1,979 223 7,668 1,511,256 1,406,264 5,795 i 41,601 ' ' i ' 104,992 35,806 <■* ! 8,451,477 ! 7,963,415 544,750 ! 56,688 1,489,144 ' 427,627 427,627 | Totals .. 15,120,287 14,058,770 1,061,517