B.—l [PT. I].

PUBLIC ACCOUNTS, 1937-1 93 8.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

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PUBLIC DEBT ENDED Jisi'maroii, RECEIPTS YEAR KNU !no : o ST Maech ' 1937. ' lads - £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 106,387 9 5 Gash .. .. .. .. .. .. .. .. .. .. 39,794 11 5 Repayment of the Public Debt Act, 1925, Section 11, — Transfers from the Consolidated Fund in respect of the Public Debt within the meaning of the Act— Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 1,054,311 17 1 outstanding at 31st March, 1937 .. .. .. .. .. 1,076,161 9 5 Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 66,361 4 10 redeemed to 31st March, 1937 .. .. .. .. .. 74,817 3 8 Subsection (6), being 3| per cent, of the amount of the Public Debt redeemed 464,528 14 0 to 31st March, 1937 .. .. .. .. .. .. .. 523,720 5 11 Subsection (b), being 3£ per cent, of the amount of the Public Debt cancelled 39,306 0 4 during the year, computed from the dates of redemption .. .. 5,074 16 10 1,679,773 15 10 1,624,507 16 3 87 15 6 Interest on Investments £1,730,983 1 2 Totals .. .. .. .. .. .. .. £1,719,568 7 3 , REMITTANCES TO £ s. d. Amounts credited to New Zealand Public Account, London, being Amounts remitted £ s. d. £ s. d. 11,349,900 0 0 from Public Account, Wellington .. .. .. .. .. .. .. 9,928,800 0 0 £11,349,900 0 0 Totals .. .. .. .. .. .. .. £9,928,800 0 0 RESERVE FUND £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 27,843 12 1 Cash .. .. .. .. .. .. .. .. .. .. 5,627 4 3 Investment Account— 324,653 14 0 Securities held .. .. .. .. .. .. .. 357,897 0 10 Hawke'g Bay Earthquake,— 16,184 16 10 Repayments of Loans made to Earthquake Sufferers .. .. .. 26,741 14 5 20 0 0 Repayment of Loans made to Local Authorities .. .. .. .. 10 0 0 26,751 14 5 16,204 16 10 Public Revenues Act, 1926, Section 114, — Transfer from Consolidated Fund .. .. .. .. .. .. .. 853,897 0 6 1 £368,702 2 11 Totals .. .. .. .. .. .. .. £1,244,173 0 0