B.—l [PT.IJ .

PUBLIC ACCOUNTS, 1939- 1 940.

Year ended 31st March, 1940, compared with the Year ended 31st March, 1939-continued.

21

REPAYMENT ACCOUNT. Year Year ended 31st March, ended 31st march, 1940. 1939. \ EXPENDITURE. • Lli et - Gross. Credits. Net. £ s. d. Securities redeemed and cancelled in terms of Section 13 of the £ s. d. £ s. d. £ s. d. Repayment of the Public Debt Act, 1925, — nominal Value. New Zealand Loans Act, 1932 — £ s. d. Debentures .. .. .. .. 5,000 0 0 .. .. 5,000 0 0 1,756,617 11 7 Stock .. .. .. .. 323,217 9 6 .. .. 323,217 9 6 Treasury Bills .. .. .. 1,550,000 0 0 .. .. 1,550,000 0 0 1,756,617 11 7 1,878,217 9 6 1,878,217 9 6 ! 1 i i i . I •• Balance at end of Year, — 3,262 17 3 Cash* .. .. .. .. .. .. .. .. j 17,422 IS 3 ) 9K (£1,759,880 8 10 Totals .. .. .. .. .. .. £1,895,640 7 9 i LONDON ACCOUNT. £ s. d. Amounts withdrawn from Public Account, Wellington, for £ s. d. £ s. d. £ s. d. j 9,031,300 0 0 remittance to New Zealand Public Account, London .. .. j . . 8,445,700 0 0 i £9,031,300 0 0 j Totals .. .. .. .. .. .. £8,445,700 0 0 ij _ ACCOUNT. £ s. d. Hawke's Bay Earthquake,— £ s. d. £ s. d. £ s. d. 500 0 0 I Assistance to Earthquake Sufferers .. .. .. .. .. Cr. 118 2 6 I Administration Expenses .. .. .. .. 231 9 3 56 11 6 174 17 9 381 17 0 231 9 3 56 11 6 174 17 9 ! Balances at end of Year, — 31,597 4 0 Cash* .. ... .. .. .. ... .. 64,219 19 10 Investment Account— 1,240,897 0 10 Securities held .. .. .. .. .. .. ; 1,240,897 0 10 £1,272,876 2 10 Totals .. .. .. .. .. £1,305,29118 5 * This includes Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.