B.—l. [PT. I].

PUBLIC ACCOUNTS, 1927 - 1928.

STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE ACCOUNTS for the

60

REMITTANCES FROM I 1926-1927. RECEIPTS. 1927-1928. £ s. d. Amounts paid to Public Account, Wellington, being Amounts remitted from New £ s. d. £ s. d. 1,550,000 0 0 Zealand Public Account, London .. .. .. .. .. .. .. 2,888,000 0 0 £1,550,000 0 0 Totals .. .. .. .. .. .. .. £2,888,000 0 0 REMITTANCES TO £ s. d. Amounts paid to New Zealand Public Account, London, being Amounts remitted £ s. d. £ s. d. 3,625,000 0 0 from Public Account, Wellington .. .. .. .. .. .. .. 3,700,000 0 0 £3,625,000 0 0 Totals .. .. .. .. .. .. .. £3,700,000 0 0 RESERVE FUND £ s. d. Balance at beginning of Year,— £ s. d. £ s. d. 2,000,000 0 0 Investment Account .. .. .. .. .. .. .. .. 2,000,000 0 0 £2,000,000 0 0 Totals .. .. .. .. .. .. .. £2,000,000 0 0 SAMOAN LOAN I ! £ s. d. New Zealand Loans Act, 1908, — £ s. d. £ s. d. j Finance Act, 1925, Section 4 (Samoan Loan) —■ 21,000 0 0 Debentures issue .. .. .. .. .. .. .. .. 1,000 0 0 Finance Act, 1926, Section 4—• Amounts transferred for Investment by way of Loan to the Samoan Treasury— From Cheviot Estate Account .. .. .. .. .. 20,200 0 0 From Discharged Soldiers Settlement Loans Act, 1920, Depreciation Fund Account .. .. .. .. .. .. .. .. 8,000 0 0 28,200 0 0 £21,000, 0 0 Totals .. .. .. .. .. .. .. £29,200 0 0 STATE ADVANCES £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. Cash in the Public Account— 138,845 1 5 Advances to Settlers Branch .. .. .. .. .. .. 2,241 5 0 12,628 13 10 Advances to Workers Branch Investment Account— 2,019,215 0 0 Advances to Settlers Branch .. .. .. .. .. .. 140 0 0 122,000 0 0 Advances to Workers Branch .. .. .. .. — . -— 2,381 5 0 £2,292,688 15 3 New Zealand Loans Act, 1908, — State Advances Act, 1913 —• Advances to Settlers Branch — 147,550 0 0 Debentures issued New Zealand Inscribed Stock Act, 1917— I 1,116,245 0 0 Inscribed Stock issued 57,200 0 0 Inscribed Stock (Death Duty) issued Advances to Workers Branch— 192,650 0 0 Debentures issued .. .. .. .. .. .. .. | 114,200 0 0 New Zealand Inscribed Stock Act, 1917— 871,240 0 0 Inscribed Stock issued .. .. .. .. .. .. 774,500 0 0 16,050 0 0 Inscribed Stock (Death Duty) issued .. .. .. .. 1,300 0 0 890,000 0 0 2,400,935 0 0 4,693,623 15 3 Carried forward .. .. .. .. .. .. 892,381 5 0 Note.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown aa receipts, and are not deducted from the expenditure as prior to 1924-25. E'er the purposes of comparison a summary showing the net expenditure will be found on page 74.