B.—l [PT. I].

PUBLIC ACCOUNTS, 19 2 7-19 28.

Year ended 31st March, 1928, compared with the Year ended 31st March, 1927—continued.

13

ISLANDS ACCOUNT. 1926-1927. | 1927-1928. r™„c EXPENDITURE Gross. Gross. f j £ s. d. Annual Appropriation,— £ s. d. £ s. d. 507 10 0 1 Vote —Nauru and Ocean Islands .. .. .. .. .. .. .. j 505 o 0 Public Revenues Act, 1926, Section 139, — 27,824 14 3 Interest recouped to the Consolidated Fund .. .. .. .. .. 26 694 12 2 ! j Amortization of Debt, — 8,023 16 11 Transfer to Nauru and Ocean Islands Sinking Fund Account .. .. .. | 9,153 19 0 —I | Balance at end of Year, — 50 7 10 i Cash in the Public Account .. .. .. .. .. .. 244 15 9 Investment Account — 3,200 0 0 ' Securities held .. .. .. .. .. .. .. 3,200 0 0 i i i 1 3,444 15 9* 3,250 7 10 ' 9 0 Totals .. .. .. .. .. .. .. : £39,798 6 11 * For explanatory statement see page 73. SINKING FUND ACCOUNT. j ♦ "| £ s. d. Debentures redeemed and cancelled in terms of Section 24 of the Finance Act, £ s. d. £ s. d 1921-22,— 8,300 0 0 Finance Act, 1920, Section 15 (Nauru and Ocean Islands) .. .. .. .. 9,430 0 0 Balance at end of Year, — 163 11 0 Cash in the Public Account .. .. .. .. .. .. 710 Investment Account— Securities held .. .. .. .. .. .. .. 100 0 0 | — 107 1 0* 163 11 0 £8,463 11 0 Totals .. .. .. .. .. .. .. £9,537 1 0 j * For explanatory statement see page 73. LOCAL BODIES. £ s. d. Revenue paid over to Local Bodies and other disbursements, — £ s. d. £ s. d. 113 10 0 Fees, Fines, &c. .. .. .. .. .. .. .. 97 10 0 17 2 11 Endowments of Land, &c. .. .. .. .. .. .. 983 10 9 16,258 4 5 Goldfields Revenue .. .. .. .. .. .. .. 23,727 16 7 7,516 7 11 Gold Duty .. .. .. .. .. .. .. .. 8,380 1 9 46 16 2 Separate Account 33,188 19 1 23,952 1 5 Public Revenues Act, 1926, Section 146, — 321 19 8 Advance Accounts—Payments on behalf of Local Bodies .. .. .. .. 206 8 9 Balance at end of Year, — 9,573 2 1 Cash in the Public Account .. .. .. .. .. .. .. 8,457 12 11 £33,847 3 2 Totals .. .. .. .. .. .. .. £41,853 0 9 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 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 74.