B.—l [PT. IJ.

22

PUBLIC AC CO I! NTS, 1 928-1 929.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the Year ended 31st March, 1929, compared with the Year ended 31st March, 1928—continued.

1927-1928. RECEIPTS. j 1928-1929. C 8. d. Balance at beginning of Year, — £ s. d. £ s. d. 44,866 5 8 Cash in the Public Account .. .. .. .. .. .. 30,803 17 2 Imprests outstanding— - 1 > 2 0 0 In the Dominion .. .. .. .. .. .. .. 185 0 11 79,322 4 9 In London .. .. .. .. .. .. .. .. 41,711 13 10 Investment Account— 150,000 0 0 Securities held 72,700 11 11 274,190 10 5 Appropriation Act, 1928, Section 14, — Transfer from Ordinary Revenue Account on Account of Expenditure incurred in the Purchase of Lands which were subsequently vested in the Corporation of the City of Wellington by the Wellington City and Suburban Water-supply Act, 1927 .. .. .. .. .. .. .. .. 1,745 0 0 Credits-in-aid, — 28,932 18 11 Vote —Development of Water-power .. .. .. .. .. 42,983 2 5 Vote—-Working-expenses and Maintenance .. .. .. .. .. 3,420 18 4 _— 46,404 0 9 63 9 2 Recoveries on account of Expenditure of previous Years .. .. .. .. 20,653 3 0 State Supply of Electrical Energy Act, 1917, Section 8, — 367,947 5 11 Sales of Electric Energy .. .. .. .. .. .. .. 413,987 18 8 10,020 6 7 Miscellaneous Receipts .. .. .. .. .. .. .. 6,643 18 1 420,631 16 9 377,967 12 6 Reserves and other Lands Disposal and Public Bodies Empowering Act, 1921-22, Section 91 (2), —- Amount transferred from State Forests Account 13 3 2 18,568 6 10 Interest on Investments .. .. .. .. .. .. .. .. 11,416 5 3 New Zealand Loans Act, 1908, — New Zealand Consolidated Stock, 1946— Electric-power Works Loan Act, 1919— Stock issued in respect of £900,000 authorized (part of £6,000,000 900,000 0 0 5-per-cent. Stock Loan, 1927) 437 14 4 Premium Stock issued in respect of Amount required to cover Charges and Expenses of raising £900,000 authorized (part of £6,000,000 5 - per - cent. Stock 25,012 8 4 Loan, 1927) 7 6 0 Interest on Overdue Instalments New Zoaland Consolidated Stock, 1947— Electric-power Works Loan Act, 1919— Stock issued in respect of £1,000,000 authorized (part of £5,000,000 4J-per-cent. Stock Loan, 1928) .. .. .. .. .. 1,000,000 0 0 Interest on overdue instalments .. .. .. .. .. 723 Stock issued in respect of Amount required to cover Charges and Expenses of raising £1,000,000 authorized (part of £5,000,000 4J-per-cent. Stock Loan, 1928) .. .. .. .. .. .. .. 81,909 7 2 . New Zealand Consolidated Stock, 1948-58—-Finance Act, 1920, Section 15 (Electric-power Works) — Stock issued in respect of £1,000,000 authorized (part of £7,000,000 4J-per-cent. Stock Loan, 1929) .. .. .. .. .. 708,385 14 3 New Zealand Inscribed Stock Act, 1917— Finance Act, 1920, Section 15 (Electric-power Works) — Inscribed Stock issued .. .. .. .. .. .. 116,280 0 0 Electric-power Works Loan Act, 1919 — 160,000 0 0 Inscribed Stock issued Finance Act, 1920, Section 15 (Electric-power Works) —• Debentures issued .. .. .. .. .. .. .. 58,720 0 0 1,965,302 3 8 1,085,457 8 8 Public Revenues Act, 1926, Section 40,— 100,000 0 0 Temporary transfers from other Accounts .. .. .. .. .. .. 200,000 0 0 £1,885,193 9 8 Totals .. .. .. .. .. .. .. £2-,738,853 T*"4