B.—l [PT. I].

PUBLIC ACCOUNTS, 1 939-1 940.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the Year ended 31st March, 1940, compared with the Year ended 31st March, 1939—continued.

16

Year Yeak ended 31st Maroh, ENDED 81ST MAROH, RECEIPTS. 1940. 1939. £ s. d. Balance at beginning of Year,— £ s. d. £ s. d. 759,623 17 8 Cash .. .. .. .. .. .. .. •• •• •• 24,399 1 10 Investment Account— 100,000 0 0 Securities held 19,008,906 0 0 Securities issued in renewal or conversion of Loans .. .. .. .. •• 69,786,119 3 9 Securities issued to cover costs, charges, and expenses of conversion .. .. •• 190,472 15 1 12,155 0 0 Ordinary Stock issued in exohange or replacement of Death Duty Stock .. .. •• 11,250 0 0 Death Duty Stock issued in replacement of Tax-free Death Duty Stock .. .. .. 59,670 0 0 2,931,665 0 0 Stock issued in exchange for Debentures .. .. .. .. •• •• 31,285 0 0 Stock issued in replacement of lost Debentures .. .. .. .. • • 100 0 0 17,326,725 0 0 Ordinary Stock issued in replacement of Tax-free Stook .. .. .. 6,263,780 0 0 Amount received in respect of War Expenses to be applied for redemption of War 7,256 0 6 Loans .. .. .. .. •• •• •• •• 3,759 10 8 1,282 19 0 Amount received on account of New Zealand's share of German Reparations .. •• 1,335 8 9 Amount received from Ordinary Revenue Account for redemption of securities .. •• 252,331 7 7 Proceeds sales of National Endowment lands .. .. .. • • • • ■ • 400 14 1° 150,601 0 0 Amount received from Main Highways Account for Redemption of securities .. .. 223,860 0 0 136 10 7 Amount received for redemption of State'Advances securities .. .. .. •• 1,838 3 6 Amount received from the British Phosphate Commission for the redemption of 32,158 19 11 Nauru and Ocean Islands securities .. .. .. .. .. 33,435 14 6 Amount transferred from the Samoan Loan Sinking Fund for the redemption 4,855 0 0 of securities issued in respect of Samoan Loan Suspense Account •• 5,130 0 0 Amount of Mining Advances repaid to be applied for redemption of securities .. .. 360 14 0 Transfer of balance of State Coal-mines Sinking Fund Account .. .. .. .. 2 3 8 Amount received from State Coal-mines Account for redemption of securities .. .. 5,500 0 0 Amount received from Land for Settlements Account for redemption of securities .. .. 3,206 0 0 Amount received in respect of future instalments of Local Bodies' Inscribed Loans, 291 0 10 to be applied for redemption of securities Interest on overdue instalments of the London loan 1940-45 .. .. .. .. 0175 Interest on temporary investments of receipts from the London loan 1940-45 .. .. 72,462 15 8 £40,835,656 8 6 Totals .. .. .. .. .. • • • • £76,970,699 11 3