B.—l [PT. I].

PUBLIC ACCOUNTS, 1 937-1 938.

ORDINARY REVENUE ACCOUNT —continued.

9

Year ! Year ended 81st March, ended 31 st March, 1938 1937. EXPENDITURE. Net - Gross. Credits. ! Net. £ s. d. £ s. d. £ s. d. £ s. d. 30,675,157 12 2 Brought forward .. .. .. .. 43,998,783 14 7 8,750,162 13 0 35,248,621 1 7 Public Revenues Act, 1926, Section 41, — 11,350,000 0 0 Treasury Bills redeemed (including redemptions by renewal) .. .. 7,400,000 0 0 Reserve Bank of New Zealand Amendment Act, 1936, Section 2, — Amount required for Payment to Shareholders of Reserve 421,675 0 0 Bank of New Zealand in Stock issued as per contra Transfer to Deposit Account Reserve Bank Investment Account for Payment to Reserve Bank under Section 3, Re203,325 0 0 serve Bank of New Zealand Amendment Act, 1936 State Advances Corporation Act, 1936, Section 4, — Amount required for Payment to Shareholders of Mortgage 140,310 0 0 Corporation of New Zealand in Stock issued as per contra.. Transfer to Deposits Account State Advances Corporation Investment Account for Payment to State Advances Corporation under Sections 4 and 6, State Advances Corporation 890,418 9 0 Act, 1936 Balance at end of Year, — 805,618 9 1 Cash* .. .. .. .. .. .. •• 998,923 10 3 123,046 14 10 Imprests outstanding .. .. .. .. .. .. 172,406 5 2 1,171,329 15 5 928,665 3 11 ' Investment Account — 30,000 0 0 Securities held .. .. •• •• ■■ •• ! 598,157 8 3 £44,639,551 5 1 Totals .. .. .. .. .. • . £44,418,108 5 3 * This includes Public Account Cash Balance Investments, which it is not possible to allocate to the individual accounts.