B.—l [Pt. I].

PUBLIC ACCOUNTS, 1 940-1 94 1.

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

15

ZEALAND SHARES ACCOUNT. Year Year ended 31st March, ended 31st March, 1941 1940. EXPENDITURE. ! Nnt Gross. Credits. Net. £ s. d. Finance Act, 1926, Section 8 (3), — £ s. d. £ s. d. £ s d Transfer to Ordinary Revenue Account of Dividends received 184,062 10 0 in terms of the Bank of New Zealand Act, 1926, Section 13 1_ 164,062 10 0 Balance at end of Year, — Investment Account— 1,8.59,375 0 0 Securities held .. .. .. .. . __ | ggg 375 q q £2,023,437 10 0 Totals .. .. .. .. .. .. £2,023,437 10 0 ACCOUNT. ,-,o £ o s ' d ' Annual Appropriation,— £ s. d. £ s. d. £ s. d. 178,208 13 4 Vote—Land for Settlements .. .. .. .. 380,014 14 3 283 6 9 379,731 7 6 536,521 14 8 Interest and other Charges on Loans and Capital Liability .. 292,793 9 4 . . 292,793 9 4 Expenditure charged on proceeds of Sales of Lands, — 9,682 6 4 Crown Lands .. .. .. .. .. 5,547 12 0 .. 5,547 12 0 Finance Act, 1932 (No. 2), Section 6, — Transfer of receipts from Hutt Valley Settlement Lands as a credit to Sales and Capital Receipts, Land Act, 1924, Section 20, in satisfaction of value of Crown Lands declared 1,450 0 0 to be subject to the Hutt Valley Settlement Act, 1925 Transfer in respect of value of improvements on Small Farms - lands .. .. .. .. .. .. 320 0 0 .. 320 0 0 Amortization of Debt, — 3,206 0 0 Transfer to Loans Redemption Account Balances at end of Year, — 378,548 9 2 Cash* .. .. .. .... .. .. 46 777 19 5 228 8 1 Imprests outstanding .. .. .. .. ,. _ '450 | ( ; 2 378,776 17 3 47,234 15 7 Investment Account— 594,385 15 9 Securities held .. .. .. .. 4 j ggg 0 0 . £1,702,231 7 4 Totals .. .. .. £2,436,992 4 5 lliis includes Public Account Gusli Balance Investments which it is not possible to allocate to the individual accounts.