B.—l [PT. I].

PUBLIC ACCOUNTS, 1927-1928.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

32

DISCHARGED SOLDIERS SETTLEMENT I 1926-1927. RECEIPTS. 1927-1928. £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 18,196 12 5 Cash in the Public Account .. .. .. .. .. .. 59,316 8 7 276,850 0 0 Investment Account .. .. .. .. .. .. .. 296,650 0 0 — — 355,966 8 7 295,046 12 5 12,879 1 2 Interest on Investments .. .. .. .. .. .. .. .. 15,534 7 4 Discharged Soldiers Settlement Loans Act, 1920, Section 7, — 50,000 0 0 Transfer from the Consolidated Fund .. .. .. .. .. .. 50,000 0 0 £357,925 13 7 Totals .. .. .. .. .. .. £421.500 15 11 EDUCATION LOANS £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 39,775 10 7 Cash in the Public Account .. .. .. .. .. .. 33,658 4 7 Imprests outstanding-—-379 16 11 In the Dominion .. .. .. .. .. .. .. 233 12 3 Investment Account .. .. .. .. .. .. .. 22,270 0 0 — 56,161 16 10 40,155 7 6 Credits in Reduction of Expenditure under Section 3 of the Education Purposes 4,298 5 10 Loans Act, 1919 .. . ■■ .. .. .. .. .. .. 11,721 3 6 New Zealand Loans Act, 1908, — Education Purposes Loans Act, 1919 — 566,960 0 0 Debentures issued .. .. .. .. .. .. .. 318,360 0 0 Inscribed Stock issued .. .. .. .. .. .. .. 56,640 0 0 375,000 0 0 Public Revenues Act, 1926, Section 40, — Temporary Transfers from other Accounts .. .. .. .. .. .. 160,000 0 0 £611,413 13 4 Totals .. .. .. .. .. .. .. £602,883 0 4 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 tho purposes of comparison a summary showing the net expenditure will be found on page 74.