B.—l [PT. I].

PUBLIC ACCOUNTS, 1 934-1 935

Year ended 31st March, 1935, compared with the Year ended 31st March, 1934 —continued.

17

ACCOUNT. y BAR Year ended 31st Mahoh, ENDED 31ST MAKCH, 1935. 1934. EXPENDITURE. . Net - Gross. Credits. Set. £ s. d. Annual Appropriation,— £ s. d. £ s. d. £ s. d. 570.321 1 1 Vote —Development of Water-power .. .. .. 589,969 19 9 34,450 19 2 555,519 0 7 Unauthorized Expenditure,— 1 12 5 Services not provided for 570.322 13 6 589,969 19 9 34,450 19 2 555,519 0 7 Finance Act, 1932 (No. 2), Section 5 (2), — Transfer to the Consolidated Fund in respect of Interest 561,120 3 7 payable on Capital Liability .. .. .. .. .. .. 574,352 16 6 Public Revenues Act, 1926, Section 40, — 49 6 3 Interest on Temporary Transfers from other Accounts New Zealand Loans Act, 1932, Section 24 (2), — Recoupment of Management Charges of Consolidated Stock 2,709 8 0 and Bonds .. .. .. .. .. .. .. .. 1,387 1 3 New Zealand Loans Act, 1932, Section 62 (4), — Recoupment of Stamp Duty on Transfers— 138 6 5 New Zealand Consolidated Stock, 1935-45 . . .. .. .. 228 16 5 196 19 9 New Zealand Consolidated Stock, 1956-71 .. .. .. .. 80 19 3 335 6 2 309 15 8 New Zealand Loans Act, 1932, Section 61, — Charges and Expenses of raising Loans— 346 18 11 Eresh issues .. .. .. .. .. .. .. 110 5 7 3 4 4 Issues in renewal and conversion .. .. .. .. .. 30 15 0 0 4 6 Charges and Expenses of Redemptions .. .. .. .. .. 150 0 0 350 7 9 291 0 7 Amortization of Debt, — Transfer to Electric Supply Sinking Fund Account in terms of Section 12 of the State Supply of Electrical Energy Act, 1917— 20,538 16 8 Lake Coleridge Scheme .. .. .. .. .. .. 20,820 10 6 Transfer to Electric Supply Sinking Fund Account in terms of Section 23 of the Finance Act, 1928— Lake Coleridge Scheme .. .. .. .. .. .. 18,419 12 0 20,538 16 8 39,240 2 6 Balances at end of Year, — 408,606 11 7 Cash .. .. .. .. .. .. .. 330,149 10 10 7,652 18 9 Imprests outstanding .. .. .. .. .. .. 2,308 5 9 332,457 16 7 416,259 10 4 £1,571,685 12 3 Totals .. .. .. .. .. .. £1,503,557 13 8 ~ SINKING FUND ACCOUNT. £ s. d. Finance Act, 1928, Section 23 (1), — £ s. d. £ s. d. £ s. d. New Zealand Loans Act, 1932, Section 58— Securities redeemed at maturity— Deed of Security .. .. .. .. .. .. 148,035 0 0 j Balances at end of Year, — 24,081 6 1 ! Cash .. .. .. .. .. .. .. .. 1,669 5 2 Investment Account— 83,790 0 0 I Securities held 107,871 6 1 £107,871 6 li Totals .. .. £149,704 5 2