B.—l [PT. I].

PUBLIC ACCOUNTS, 1940-1941.

Year ended 31st M arch, 1941, compared with the Year ended 31st March, 1940 —continued.

13

ACCOUNT. Year Year ended 31st March, ended 31st March, 1941. 1940. EXPENDITURE. Net - Gross. | Credits. j Net. £ s. d. Annual Appropriation,— £ s. d. £ s. d. £ s. d. 1,425,718 5 11 Vote —Development of Water-power .. .. .. 2,371,764 10 2 67,432 11 2 2,304,331 19 0 Unauthorized Expenditure— Services not provided for .. .. .. .. 208 7 3 .. 208 7 3 2,371,972 17 5 67,432 11 2 2,304,540 6 3 552,666 7 8 Interest and other charges on Loans and Capital Liability .. . . . . 402,607 4 9 Public Revenues Act, 1926, Seotion 40, — 210,000 0 0 Temporary Transfers from other Accounts repaid .. .. .. .. 175,000 0 0 Income-tax .. .. .. .. .. .. .. .. 292,452 19 3 Social Security Charge .. .. .. .. .. .. .. 21,797 14 11 National Security Tax .. .. .. .. .. .. .. 21,797 14 II 585,130 14 8 Transfer to Electric Supply Sinking Fund Account .. .. .. .. 485,354 12 1 Balances at end of Year, — 50,887 1 2 Cash* .. .. .. .. .. .. .. 39,991 19 4 Imprests outstanding .. .. .. .. .. .. 146,240 0 0 _____ 186,231 19 4 50,887 1 2 £2,824,402 9 5 Totals .. .. .. .. .. .. £3,889,782 11 6 SINKING FUND ACCOUNT. £ s. d. £ s. d. £ s. d. £ s. d. Securities redeemed at maturity,— 10,195 0 0 Death Duty Stock .. .. .. .. .. .. 2,620 0 0 Securities redeemed before maturity,— 560,788 9 11 Stock .. .. .. .. .. .. .. .. 50 0 0 Treasury Notes .. .. .. .. .. .. .. 456,160 0 0 456,210 0 0 12,000 0 0 Advances to Southland Electric-power Board repaid .. Balances at end of Year, — 7,648 0 2 Cash* .. .. .. .. .. .. .. .. 34,322 12 3 Investment Account — 5,000 0 0 Securities held .. .. .. .. .. .. .. 5,000 0 0 £595,631 10 I Totals .. .. .. .. .. .. £498,152 12 3 * This includes Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.