B.—6.

19

SUMMARY OF RESULTS AND PROPOSALS. RESULTS, 1925-26. Consolidated Fund— Ordinary Revenue Account— £ Revenue .. .. .. .. .. .. 24,725,762 Expenditure .. .. .. .. .. .. 23,570,083 Surplus, 1925-26 .. .. .. .. .. £1,155,679 £ Balance forward at 31st March., 1926 .. .. .. .. 4,428,092 Transferred from accumulated surpluses to —- Public Works Fund .. .. .. .. .. 500,000 Working Railways Account .. .. .. .. 473,392 Loans Redemption Account .. .. .. .. 414,000 No revenue Treasury bills outstanding. Establishment of Working Railways Account. Repayment of the Public Debt Act passed. Establishment of Public Debt Redemption Fund. Customs and excise— £ Revenue to Consolidated Fund .. .. .. .. 9,013,435 Increase over 1924-25 .. .. .. .. .. 793,662 £ Imports for financial year .. .. .. 53,025,856 Exports for financial year .. .. .. 48,697,587 Total trade .. .. .. •• 101,723,443 Excess of imports over exports .. .. .. .. 4,328,269 Inland revenue— Land-tax .. .. .. • • • • • • 1,266,659 Income-tax .. .. .. •• •• •• 3,368,516 Stamp and death duties .. .. .. .. •. 3,359,868 Post and Telegraph— £ Receipts .. .. .. .. 3,077,735 Expenditure .. .. .. .. 2,406,791 Excess of receipts .. .. .. 670,944 Post Office|Savings-bank— Number of depositors, 758,188. £ Amount at credit.. .. .. .. .. 46,179,744 Reparation-moneys received from Germany .. .. .. 186,227 Payments on account of pensions .. .. .. .. 2,480,155 Capital expenditure on Public Works .. .. .. .. 7,180,479 Capital reductions following on revaluations under Discharged Soldiers Settlement Acts .. .. .. .. .. .. 2,545,238 Closing of New Zealand Consols Account. Settlement of transactions relating to the New Zealand Expeditionary Forces and the Australian Forces in Egypt. £ Interest for the year on the £2,000,000 Reserve Fund in London .. 90,550