B._ 1 [P T. IJ.

PUBLIC ACCOUNTS, 1937-1 9 3 8.

STATEMENT of the RECEIPTS and EXPENDITURE of the PUBLIC WORKS FUND for the

14

ELECTRIC SUPPLY Year Year ended 31st March, ended 31st March, RECEIPTS. 1938 1937. £ s. d. Balance at beginning of Year, —• £ s. d. £ s. d. 39,50113 2 Cash .. .. .. .. .. .. .. .. 140,630 12 7 3,101 17 4 Imprests outstanding .. .. .. .. .. .. .. 3,003 0 7 — 143,033 13 2 42,603 10 6 Investment Account— 175,000 0 0 Securities held Southland Electric-power Supply Act, 1936,— Section 3 (2) — 406,792 17 11 Sinking Funds paid in by the Public Trustee Section 8 (2) (6) — 64,698 6 2 Cash Balances taken over from the Southland Electric-power Board .. 45,464 5 10 New Zealand Loans Act, 1932, — Southland Electric-power Supply Act, 1936, Section 10 — 4,590,000 0 0 Treasury Bills issued (including issues in renewal) 45,464 5 10 5,061,491 4 1 State Supply of Electrical Energy Act, 1917, Section 8, — 1,136,421 0 10 Sales of Electrical Energy .. .. .. •• .. 1,384,900 2 2 13,826 8 4 Miscellaneous Receipts .. .. .. .. .. .. ■ 15,557 1 9 j — 1,400,457 3 11 1,150,247 9 2 92 9 9 Recoveries on account of Expenditure of previous Years . . .. . • .. 422 3 2 5,138 7 11 Interest on Investments .. .. .. .. .. .. •• •• 1,828 19 11 £6,434,573 1 5 Totals .. .. .. .. .. .. | •• £1,591,806 6 0 ELECTRIC SUPPLY £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 17,555 5 1 Cash .. •• 13,429 15 1 Southland Electric-power Supply Act, 1936, Section 8 (2) ((/), — 522 4 0 Sinking Funds paid in by the Public Trustee 21 14 4 Interest on Investments £18,099 3 5 Totals .. .. .. .. ■■ •• £13,429 15 1 STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the BANK OF NEW £ s. d. Balance at beginning of Year,— £ s. d. £ s. d. Investment Account — 1,859,375 0 (f Securities held .. .. .. .. •• •• •• 1,859,375 0 0 Financc Act, 1926, Section (8) (3), — 164,062 10 0 Dividends received in terms of Bank of New Zealand Act, 1926, Section 13 .. .. 164,062 10 0 £2,023,437 10 0 Totals .. .. .. ■■ •• •• £2,023,437 10 0