B.—l [Pt. I].

PUBLIC ACCOUNTS., 1934-1935.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

28

LOANS REDEMPTION ended MstWch, RECEIPTS. Yeak March, 1934* " £ s - d* £ s. d. £ s. d. 8,388,189 17 11 Brought forward.. .. .. .. .. .. .. 25,670,600 14 6 Public Revenues Act, 1926, Section 135 (2), — 2,112 3 11 Amount received on account of New Zealand Share of German Reparations .. .. 2,664 17 6 Public Revenues Act, 1926, Section 135 (4),' — Amount transferred from Ordinary Revenue Account for redemption of Main 9,843 7 7 Highways Loans .. .. .. .. .. .. .. 7,326 3 8 Amount received from Main Highways Account, Revenue Fund for redemption 69,579 0 0 of Main Highways Loans .. .. .. .. .. .. 75,576 0 0 Amount received from State Advances Office for redemption of Securities at or before maturity— 8,150 0 0 Advances to Settlers Branch .. .. .. .. .. .. 724,600 0 0 727,390 0 0 Advances to Workers Branch .. .. .. .. .. .. 27,300 0 0 Loans to Employers for Workers'Dwellings .. .. .. .. 2,575 0 0 Amount received from the British Phosphate Commission for the redemption of Nauru and Ocean Islands Securities in terms of Section 13 (4) of the Finance 26,278 3 11 Act, 1932 .. .. .. .. .. .. .. .. 18,397 2 9 — 855,774 6 5 841,240 11 6 £9,231,542 13 4 Totals .. .. .. .. ..J .. £26,529,039 18 5 ———— I ; LOANS REDEMPTION ACCOUNT £ s. d. Balance at beginning of Year, — £ s d £ s d 6,398 0 2 Cash .. New Zealand Loans Act, 1932, — New Zealand Debt Conversion Act, 1932-33— Section 19 (2) (a) — 9,921 7 6 Amounts received to increase premiums to a multiple of £5 Section 9 — 76,650 0 0 Stock issued in exchange for debentures (dissented) .. .. .. 100 0 0 __ 100 0 0 86,571 7 6 Section 12— Securities issued in conversion—5,202,495 0 0 Debentures .. .. .. .. .. .. 7,870 0 0 64,582,965 6 11 Stock .. .. .. .. .. .. .. 4,705 0 0 908,695 0 0 Death Duty Stock — 12,575 0 0 70,694,155 6 11 Finance Act, 1933 (No. 2), Section 2—■ Securities issued in conversion— ;42,531,200 5 1 j Stock (Nominal value, £42,531,413 17s. Id.) .. ■ I |£113,318,324 19 8 Totals .. .. .. .. .. .. .. £12,675 0 0