B.—l [PT. IJ.

PUBLIC ACCOUNTS, 1927-1928.

STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE ACCOUNTS for the Year ended 31st March, 1928, compared with the Year ended 31st March, 1927—continued.

44

1962-1927. RECEIPTS. 1927-1928. . ! • - — £ s. d. £ s. d. £ s. d. 446,218 15 5 Brought forward .. .. .. .. .. .. 711,989 3 2 New Zealand Loans Act, 1908, — Consolidated Stock issued for redemption of Debentures before Maturity .. 500,000 0 0 Premium on Issue .. .. .. .. .. .. ..I 2,500 0 0 l 502,500 0 0 26,350 0 0 Inscribed Stock issued for redemption of Debentures at Maturity .. .. .. 310,950 0 0 324,530 0 0 Inscribed Stock issued for redemption of Debentures before Maturity .. .. .. j 474,800 0 0 5,900 0 0 Inscribed Stock (Death Duties) issued for redemption of Debentures before Maturity .. 500 0 0 1 1 Inscribed Stock (Death Duties) issued for redemption of Debentures at Maturity .. 600 0 0 Inscribed Stock issued for redemption of Securities at Maturity .. .. .. 125,000 0 0 368,660 0 0 Inscribed Stock issued for redemption of Inscribed Stock at Maturity .. .. .. 1,480 0 0 100 0 0 Inscribed Stock (Death Duties) issued for redemption of Inscribed Stock at Maturity Inscribed Stock issued for redemption of Stock Certificates .. .. .. .. 500 0 0 Inscribed Stock issued in renewal of Inscribed Stock Matured.. .. .. .. 903,420 0 0 Inscribed Stock (Death Duties) issued in renewal of Inscribed Stock Matured .. .. 1,850 0 0 Treasury Bills issued for redemption of Securities at Maturity.. . . . . . . 400,000 0 < I 2,300,000 0 0 Treasury Bills issued for redemption of Treasury Bills at Maturity Treasury Bills issued for redemption of Debentures before Maturity .. .. .. 1,700,000 0 0 135,850 0 0 Debentures issued for redemption of Debentures at Maturity .. .. .. .. 19,200 0 0 3,607,608 15 5 Carried forward .. .. .. .. 5,152,789 3 2 Nots.—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-