11

B.—l TPT. 11.

PUBLIC ACCOUNTS 1924-1925.

Year ended 31st March, 1925, compared with the Year ended 31st March, 1924—continued.

3—B. 1 [FT. I].

ISLANDS ACCOUNT. f j : 1928-1924. EXPENDITURE. 1924-1925. Net. Gross. £ 3. d. Annual Appropriation,— ! £ s. d. £ s. d. 36,674 16 4 Vote —Nauru and Ocean Islands* .. .. .. .. .. .. .. 1,317 18 1 30,000 0 0 Recoupment of Interest under the Pinanoe Act, 1919, Seotion 4 .. .. .. .. 30,000 0 0 Amortization of Debt, — 7,178 5 11 Transfer to Nauru and Ocean Islands Sinking Fund Account .. .. .. .. 5,848 11 2 Balance at end of Year, — 754 3 7 Cash in the Publio Account .. .. .. .. .. .. 1,716 10 6 40,000 0 0 Investment Account .. .. .. .. .. .. .. 40,000 0 0 41,716 10 6 40,754 3 7 £114,607 5 10 Totals .. .. .. .. .. .. .. £78,882 19 9 are now controlled by the British Phosphate Commission. SINKING FUND ACCOUNT. £ s. d. Balance at end of Year, — £ a. d. £ s. d. 57 5 5 Cash in the Publio Aocount .. .. .. .. .. .. 288 19 8 7,170 0 0 Investment Aocount .. .. .. .. .. .. .. 13,250 0 0 — — j 13,538 19 8 7,227 5 5 ' £7,227 5 5 Totals .. .. .. .. .. .. .. £13,538 19 8 LOCAL BODIES. £ s. d. Revenue paid over to Looal Bodies, &o., — £ s. d. £ s. d. 746 3 4 Pees, Pines, &o. .. .. .. .. .. . • .. ■. 201 7 4 89 4 11 Endowments of Land, &c. .. .. .. .. .. .. .. 31 2 2 17,874 16 2 Goldflelds Revenue .. .. .. .. .. .. .. 15,825 4 10 7 334 11 3 Gold Duty .. .. .. .. .. .. .. .. 13,754 18 1 ___! 29,812 12 5 26,044 15 8 Counties Separate Aocount, — Amount distributed amongst Local Bodies where the Counties Aot, 1908, is not 75 17 4 in full operation Advance Accounts, — 93 11 3 Payments on behalf of Looal Bodies .. .. .. .. .. .. 424 11 6 Balanoe at end of Year,— 14,471 13 10 Cash in the Publio Aooount .. .. .. .. .. •• •• 10,561 15 9 £40,685 18 1 Totals .. .. .. .. .. .. •• £40,798 19 8 Note. In these accounts the oredits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown %s receipts, and are not deducted from the expenditure as formerly. For the purposes of comparison a summary showing the net expenditure will be found on page 71.