B.—l [PT. I].

PUBLIC ACCOUNTS, 1 938- 193 9.

Year ended 31st March, 1939, compared with the Year ended 31st March, 1938—continued.

15

PROMOTION FUND. Year Year ended 31st March, ended 31st March, 1QQQ 1938. EXPENDITURE.. ■■ Ne *' Gross. Credits. Net. 0 oA n „ s " d " . , . . , £ s. d. £ s. d. £ s. d. Zdo,UUU 0 0 Administration expenses .. .. .. .. 299,985 0 0 .. 299 985 0 0 2,0(55,236 8 8 Grants and Payments .. .. .. .. .. 5,437,356 10 9 32,897 11 5 5,404,458 19 4 41,766 16 0 Loans 65;90 i 2 2 493 17 0 65,407 5 2 1,397,452 6 6 Allowances .. .. .. .. .. ..! 704,970 10 l| 1,013 8 3 703,957 1 10 Balances at end of Year, — 431,288 5 7 Cash* .. .. .. ,. .. _ _ 22 X23 2 4 2,602 1 3 Imprests outstanding .. .. .. .. .. '420 18 3 433,890 6 10 ~ 32,544 0 7 Investment Account— 725,000 0 0 Securities held .. .. .. .. 000 0 0 £5,398,345 18 oj Totals .* .. .. .. .. .. £6.681.352 6 11 ■ 1 ACCOUNT. £ s. d. Annual Appropriation,— £ s. d. £ s. d. £ s d 266,520 10 1 Vote—Land'for Settlements .. .. .. .. 193,284 8 0 66 9 8 193 217 18 4 459,831 17 3 Interest and other Charges on Loans and Capital Liability .. .. .. 447 430 9 9 Expenditure charged on proceeds of Sales of Lands, —■ 154,475 6 7 Crown Lands .. .. .. .. .. . .» n o S s n 14 11 8 National Endowment Lands .. .. .. .. ,. ' ' 9 16 8 154,489 18 3 13,048 4 8 Balances at end of Year, — 114,408 10 5 Cash* .. .. .. .. .. .. . 182,831 9 4 I Imprests outstanding .. .. .. .. .. ,, 5 19 5 J 182,837 8 9 Investment Account— 554,305 0 0 Securities held .. .. .. .. . __ _ 722 945 q q Totals .. .. .. £1,559,479 1 6 * This includes Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.