25

8.—7

Appropriations for Consolidated Fund Services.

PERMANENT CHARGES.—DEBT SERVICES—AMORTIZATION—REDUCTION OF FUNDED DEBT.

ANALYSIS OF PERMANENT CHARGES.—DEBT SERVICES.

Original Rate „ Authorizing Act. Debt per Half-yearly due Dates. ., Recoverable. 1930-31. funded. Cent. Amount. Finance Act, 1922 (Section 8) — £ £ £ £ Aid to Public Works and Land 191,010 .. 1 June and 1 Dec. 2,867 .. 2,867 Settlement Act, 1910 Finance Act, 1916 (Section 35), 4,736,842 .. „ 71,095 .. 71,095 (War Expenses) Finance Act, 1918 (Section 10) 6,600,000 .. „ 99,059 .. 99,059 Land for Settlements Act, 1908 37,778 .. „ 567 567 Naval Defence Act, 1909 .. 963,131 .. „ 27,333 .. 27,333 Public Revenues Amendment Act, 2,067,411 .. „ 31,030 .. 31,030 1914 (Section 8), (War Expenses ) Public Revenues Amendment Act, 8,105,992 .. „ 121,663 .. 121,663 1915 (Section 5), (War Expenses ) War Purposes Loan Act, 1917 4,830,000 .. „ 72,493 .. 72,493 (Section 2), War Purposes Loan Act, 1917 (No. 2) TOTAL .. 27,532,164 * 426,107 567 425,540 * The rate is 6 per cent, on the original debt, £27,532,163 17s. 10d., less interest at the average rate of £4 19s. 5*88d. on the amount remaining unpaid.

j Recoveries . — Gr ° 33 - ! respective 1930 " 31 - Accounts. TwTirRlfQT -4-' f V War Expenses .. .. .. •. .. 3,336,505 .. 3,336,505 Discharged Soldiers Settlement .. .. .. .. 262,094 j 262,094 Land for Settlements .. .. •• .. .. 483,499 i 437,955 45,544 State Advances .. .. .. .. .. 1,657,251 1,657,251 Naval Defence .. .. .. 61,069 .. 61,069 Electric Suppfy .. .. .. .. .. 475,958 475,958 Westport Harbour .. .. .. .. .. 29,916 17,598 12,318 Public Works and Miscellaneous .. .. .. 6,100,891 198,749 5,902,142 Total Interest .. .. .. .. 12,407,183 3,049,605 9,357,578 Net Interest (chargeable to Consolidated Fund) .. .. 9,357,578 Amortization,— Sinking Fund— Westport Harbour .. .. .. .. 7,094 4,173 2,921 Total Sinking Fund .. .. .. .. 7,094 4,173 2,921 Debt Repayment— Repayment of the Public Debt Act, 1925— Amount transferable to Public Debt Repayment Account from Consolidated Fund .. .. .. .. 1,224,500 .. 1,224,500 Net Amortization Charge (chargeable to Consolidated Fund) .. .. .. .. .. .. 1,227,421 Total Interest and Amortization Charge .. .. .. 10,584,999 Reduction of Funded Debt .. .. .. .. 426,107 567 425,540 Net Reduction or Funded Debt (chargeable to Consolidated Fund) .. .. .. .. .. .. 425,540 GRAND TOTAL .. .. .. .. .. .. 11,010,539