B.—l TPT. 11.

PUBLIC ACCOUNTS, 1927-1928.

STATEMENT of the RECEIPTS and EXPENDITURE of the CONSOLIDATED FUND for the

12

NAURU AND OCEAN 1926-27. RECEIPTS. 1927-28. £ s. d. Balance at beginning of Year, — : £ s. d. £ s. d. 3,125 11 6 Cash in the Public Account .. . .. .. .. .. 50 7 10 Investment Account .. .. .. .. .. .. .. 3,200 0 0 — — 3,250 7 10 3,125 11 6 Contributions by the British Phosphate Commission towards Interest and Sinking 35,848 11 2 Fund .. .. .. .. .. .. .. .. .. .. 35,848 11 2 G32 6 4 Interest on Investments .. .. . . .. .. .. .. .. g99 711 £39,606 9 0J Totals .. .. .. .. .. .. .. £39,798 6 11 NAURU AND OCEAN ISLANDS £ s. d. Balance at beginning of Year, — [ s. d. £ s. d. 18 15 3 Cash in the Public Account .. .. .. ., .. .. .. 163 11 0 420 18 10 ! Interest on Investments .. .. .. .. .. .. .. .. 219 11 0 Transfer from Nauru and Ocean Islands Account, — Amount received from British Phosphates Commission in excess of Amount required 8,023 16 11 to recoup Consolidated Fund for Interest on Loan.. .. .. .. .. 9,153 19 0 £8,463 11 0 Totals .. .. .. .. .. .. .. £9,537 1 0 ACCOUNTS OF I I £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. ! 10,463 17 3 Cash in the Public Account .. .. .. .. .. .. .. 9,573 2 1 j Revenue received for Local Bodies, — 121 10 0 Fees, Fines, &c. .. .. .. . . .. .. .. 120 0 0 87 10 3 Endowments of Land, &c. .. .. .. .. .. .. 1,818 7 1 15,304 5 9 Goldfields Revenue .. .. .. .. .. .. .. 21,789 12 11 7,488 0 3 Gold Duty .. .. .. .. .. .. .. .. 8,345 9 11 32,073 9 11 23,061 6 3 ' Public Revenues Act, 1926, Section 146, — 321 19 8 Advance Accounts —Amounts repaid by Local Bodies .. .. .. .. 206 8 9 £33,847 3 2 Totals .. .. .. .. .. .. .. £41,853 0 9 : - I Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shovn 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 74.