8.—6

IV

Table No. 7. Statement of the actual Net Expenditure of the Consolidated Fund (Ordinary Revenue Account) for the Financial Year ended 31st March, 1926, compared with the Financial Year ended 31st March, 1925.

| Year ended Year ended 31st March, 31st March, Increase. Decrease. 1926. 1925. Permanent Appropriations— £ £ £ £ Civil List .. .. ... .. 29,084 29,781 .. 697 Interest.. .. .. .. .. 8,129,799 7,865,262 264,537 Sinking Fund and Public Debt repayment .. 879,734 690,076 189,658 Reduction of Funded Debt .. .. 332,632 307,306 25,326 Under special Acts — Advances to other Governments .. .. 19,832 Cr. 59,598 79,430 Education purposes .. .. .. 111,389 128,844 .. 17,455 Endowments .. .. .. .. 5,556 5,261 295 Miscellaneous .. .. .. .. 116,610 150,274 .. 33,664 Pensions— Old-age .. .. .. .. 863,751 767,792 95,959 Widows' .. .. .. .. 285,654 235,959 49,695 Military .. .. .. .. 23,087 26,836 .. 3,749 War .. .. 1,179,552 1,242,182 .. 62,630 Miners' .. .. .. .. 37,705 35,948 1,757 Various .. '.. .. .. 31,430 27,742 3,688 Salaries and honoraria .. .. .. 97,730 97,911 .. 181 *Subsidies paid to Hospital Boards .. 593,777 561,708 32,069 Subsidies on rates paid to-local authorities 212,190 203,185 9,005 Subsidies to Superannuation Funds and 199,129 223,835 .. 24,706 National Provident Fund Territorial revenue .. .. .. 13,457 13,207 250 Transfer to Discharged Soldiers' Settlement 50,000 50,000 Loans Act, 1920, Depreciation Fund Account Transfer to Main Highways Account, Re- .. 35,000 .. 35,000 venue Fund Loan to New Zealand and South Seas 30,000 .. 30,000 Exhibition Railways: Losses on branch lines and isolated 344,830 .. 344,830 sections — . —————— 13,586,928 12,638,511 1,126,499 178,082 ♦Subsidy under Hospital and Charitable Institutions Acts for Jubilee Institute for the Blind is included under Education purposes.