B.—l [PT. I

PUBLIC ACCOUNTS, 19 2 6-19 27.

Year ended 31st March, 1927, compared with the Year ended 31st March, 1926—continued.

13

ISLANDS ACCOUNT. 192 *;'f 6 - EXPENDITURE. 1926-1927. Gross - Gross. £ s. d. Annual Appropriation, — £ s. d. £ s. d. 508 12 3 Vote— Nauru and Ocean Islands .. .. .. .. .. .. 507 10 0 Finance Act, 1919, Section 4, — Punlio "Revenues Act, 1926, Seotion 139, —■ 30,000 0 0 Interest recouped to the Consolidated Fund .. ,. .. .. .. 27,824 14 3 Amortization of Debt, — 5,848 11 2 Transfer to Nauru and Ocean Islands Sinking Fund Account .. .. .. .. 8,023 16 11 Transfer to Loans Redemption Account for Redemption and Cancellation, in terms of Seotion 24 of the Finance Act, 1921-22, of Securities as under—■ New Zealand Loans Act, 1908 — 40,000 0 0 Finance Aot, 1920, Seotion 15 (Nauru and Ocean Islands).. Balance at end of Year, — 3,125 11 6 Cash in the Publio Account .. .. .. .. .. 50 7 10 Investment Account .. .. .. .. .. .. .. 3,200 0 0 3,250 7 10 £79,482 14 11 Totals .. £39,606 9~0~ SINKING FUND ACCOUNT. £ s. d. Sinking Funds set free, — £ s. d. £ s. d. Transfer to Loans Redemption Account for Redemption and Cancellation, in terms of Section 24 of the Finance Act, 1921-22, of Securities as under — New Zealand Loans Act, 1908— 20,150 0 0 Finance Aot, 1920, Section 15 (Nauru and Ocean Islands).. Debentures redeemed and cancelled in terms of Section 24 of the Finance Act, 1921-22— Finance Aot, 1920, Seotion 15 (Nauru and Ocean Islands) .. .. .. .. 8,300 0 0 Balance at end of Year, — 18 15 3 Cash in the Public Account .. .. .. .. .. .. .. Ig3 q £20,168 15 3 Totals .. .. .. .. .. .. .. £8,463 11 0 LOCAL BODIES. £ s. d. Revenue paid over to Looal Bodies, — £ s. d. £ s. d. 201 15 0 Fees, Fines, &c. .. .. .. .. .. .. .. .. 113 10 0 28 14 7 Endowments of Land, &c. .. .. .. .. .. .. .. 17 2 11 14,096 11 4 Goldfields Revenue .. .. .. .. .. .. ..I 16,258 4 5 | 7,416 19 4 Gold Duty .. .. .. .. .. .. .. .. j 7,516 7 11 | Separate Account .. .. .. .. .. .. .. .. j 46 16 2 | ! 23,952 1 5 21,744 0 3 Receipts from Mining Districts Land-occupation Licenses paid over to Local 801 14 4 Bodies .. Public Revenues Aot, 1910, Section 131, — Public Revenues Act, 1926, Section 146, — Advance Aooountu— 10 6 2 Payments on behalf of Looal Bodies .. .. .. .. .. .. j 321 19 8 Balance at end of Year, — 10,463 17 3 Cash in the Publio Account .. .. .. .. .. .. .. 9,573 2 1 £33,019 18 0 Totals .. .. .. .. .. .. .. £33,847 3 2 Note. —In these accounts the credits-in-aid (section 51, Public Revenues Aot, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25. For the purposes of comparison a summary showing the net expenditure will be found on page 81.