B.—l [PT. I].

PUBLIC ACCOUNTS, 1927-1 9 28.

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

61

LONDON ACCOUNT. 1926-1927. 1927-1928. Gross. EXPENDITURE. Gross . £ s. d. I Amounts withdrawn from New Zealand Public Account, London, for remittance £ s. d. £ s. d. 1,550,000 0 0 j to Public Account, Wellington .. .. .. .. .. .. .. j 2,888,000 0 0 £1,550,000 0 0 Totals .. .. .. .. .. .. .. £2,888,000 0 0 LONDON ACCOUNT. £ s. d. Amounts withdrawn from Public Account, Wellington, for remittances to New £ s. d. £ s. d. 3,625,000 0 0 Zealand Public Account, London .. .. .. .. .. .. .. 3,700,000 0 0 £3,625,000 0 0 Totals .. .. .. .. .. .. .. £3,700,000 0 0 ACCOUNT. £ s. d. Balance at end of Year, — £ s. d. £ s. d. Investment Account— 2,000,000 0 0 Securities held .. .. .. .. .. .. .. .. 2,000,000 0 0* £2,000,000 0 0 Totals .. .. .. .. .. .. .. £2,000,000 0 0 * For explanatory statement see page 73. SUSPENSE ACCOUNT. £ s. d. Samoa Act, 1921, Section 33, and Finance Act, 1925, Section 4, — £ s. d. £ s. d. 21,000 0 0 Amount advanced to Samoan Treasury .. .. .. .. .. .. 1,000 0 0 Samoa Act, 1921, Section 33, and Finance Act, 1926, Section 4, — Amount advanced to Samoan Treasury .. .. .. .. .. .. 28,200 0 0 £21,000 0 0 Totals .. .. .. .. .. .. .. £29,200 0 0 LOAN ACCOUNT. £ s. d. Amounts paid over to the State Advances Office on account of Loans raised, — £ s. d. £ s. d. 3,471,863 18 10 Advances to Settlers Branch .. .. .. .. .. .. 2,378 17 6 1,210,792 17 4 Advances to Workers Branch .. .. .. .. .. .. 888,740 6 9 — 891,119 4 3 4,682,656 16 2 Amounts paid over to State Advances Office on account of Loans raised, — i Rural Advances Branch— Rural Advances Act, 1926 .. .. .. .. .. .. .. 514,810 0 0 New Zealand Loans Act, 1908, — Charges and Expenses of raising Loans— State Advances Act, 1913 — 5,229 18 7 Advances to Settlers Branch .. .. .. .. .. .. 78 6 0 4,195 17 6 Advances to Workers Branch .. .. .. .. .. 1,254 12 0 Advances to Workers Branch (redemptions) .. .. .. .. 865 9 7 2,198 7 7 9,425 16 1 4,692,082 12 3 Carried forward ,. .. .. .. •• •• 1,408,127 11 10 / - - Note. —In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are sho ivn 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.