B.—l [PT. I].

PUBLIC ACCOUNTS, 1938-1939.

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

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ELECTRIC SUPPLY Year Year ended 31st Makch, hnded 31st March, RECEIPTS. 1939 1938. £ s. d. Balance at beginning of Year, — £ a. d. £ a. d. 140,630 12 7 Cash .. .. .. •• •• •• •• •• 44,198 7 10 3,003 0 7 Imprests outstanding .. .. .. .. .. .. .. 18,856 18 2 — 63,055 6 0 143,633 13 2 N.Z. Loans Act, 1932, — Electric-power Works Loan Act, 1919— Stock issued .. .. .. •. •. .• ■• • • 46,290 0 0 Finance Act, 1930, No. 2, Section 3 — Stock issued .. .. .. .. .. .. .. •• 133,710 0 0 180,000 0 0 Public Revenues Act, 1926, Section 40, — Temporary transfers from other Accounts .. .. .. .. . . .. 210,000 0 0 Southland Electric-power Supply Act, 1936, — Section 8 (2) ( b) — 45,464 5 10 Cash Balances taken over from the Southland Electric-power Board State Supply of Electrical Energy Act, 1917, Section 8, — 1,384,900 2 2 Sales of Electrical Energy .. .. .. .. .. .. 1,602,267 5 4 15,557 1 9 Miscellaneous Receipts .. .. .. .. .. 20,190 2 3 1,622,457 _7 7 1,400,457 3 11 422 3 2 Recoveries on account of Expenditure of previous Years .. .. .. .. 965 15 7 1,828 19 11 Interest on Investments .. .. .. .. •• •• 1,081 16 3 £1,591,806 6 0 Totals .. .. .. .. .. .. .. £2,077,560 5 5 ELECTRIC SUPPLY £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. 13,429 15 1 Cash .. .. .. •• •• •• •• •• 11,679 15 1 State Supply of Electrical Energy Act, 1917, Section 12, — Transfer from Electric Supply Account .. .. .. .. .. .. 179,641 7 2 £13,429 15 1 Totals .. .. .. .. . ■ ■■ j •• £191,321 2 3 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 0 Securities held .. .. .. .. .. •• •• •• 1,859,375 0 0 Finance 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