B.—l [Pt. I].

PUBLIC ACCOUNTS, 193 8- 1939.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

22

STATE COALYear Year ended 31st Marge, ended 31st March, RECEIPTS. 1939, 1938. £ s. d. Balances at beginning of Year, —■ £ s. d. s - d. 27,602 10 7 Cash .. .. .. •• •• •• •• •• •• 11,95b 5 2 Investment Account — 42,800 0 0 Securities held I New Zealand Loans Act, 1932, — Coal-mines Act, 1925, Section 179 — Stock issued •• 9o, 000 165 14 6 Recoveries on account of Expenditure of previous Years .. •• 123 5 4 269,117 14 3 Rents, Royalties, Sale of Coal, Coke, Wood, &c. .. .. . ■ •• •• 282,897 9 7 Housing Loans — 854 5 8 Repayment of Principal and Interest . ■ .. . • • • • • • • i ,odo 1,601 15 10 Interest on Investments .. .. . • •• •• •• •• •• 31 11 10 £342,142 0 10 Totals .. •• •• •• •• £391,646 13 10 STATE COAL-MINES SINKING £ s. d. Balance at beginning of Year. — £ s. d. £ s. d. 9,18112 1 Cash •• 9,525 10 0 Finance Act, 1928, Section 22,-— Transfer from State Coal-mines Account — Subsection (1) —2 per cent, of amount of Loans raised to 31st March, 1939, less 4,122 0 5 amount redeemed otherwise than from the Sinking Fund .. .. 6,022 0 5 Subsection (3) —4 per cent, of amount redeemed from Sinking Fund to 31st 5,107 2 2 March, 1938 .. .. •• •• •• •• •• 5 > 474 6 2 Subsection (3) —4 per cent, of amount redeemed from Sinking Fund during the 294 .15 4 Current Year .. .. •• •• •• •• •• 71 . ll,7oo lo o 9,523 17 11 £18,705 10 0 Totals .. •• •• •• ••