B.—l [PT. I].

PUBLIC ACCOUNTS, 1940-1941.

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

20

PUBLIC DEBT —■ Year Year ended 31st March, ended 31ST MARCH, RECEIPTS. 1941. 1940. £ s. d. Balance at beginning of Year, — £ s - d. £ s. d. 3,262 17 3 Cash .. .. .. .. •• • •• •• •• 17,422 18 3 ■ j; Repayment of the Public Debt Act, 1925, Section II, — Transfers from the Consolidated Fund in respect of the Public Debt within the meaning of the Act— Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 1,153,251 10 3 outstanding at 31st March, 1940 .. .. •• ■ • ■ • 1,246,723 5 2 Subsection (a), being one-half of 1 per oent. of the amount of the Public Debt ; 92 169 6 6 redeemed to 31st March, 1940 .. .. •• ■■ 101,560 8 11 Subsection (b), being 3| per cent, of the amount of the Public Debt redeemed 645,185 6 0 to 31st March, 1940 .. .. .. •• •• • • 710,923 2 5 Subsection (6), being 3J per cent, of the amount of the Public Debt cancelled i 771 7 9 during the year, computed from the dates of redemption .. •• 14,855 8 4 ' fe , . — ' 2,074,062 4 10 1,892,377 10 6 i 1 ' ' : I i | i I £1,895,640 7 9 Totals .. .. .. ■■ •• j ,£2,091,485 3 1 ;■ r~- _ 1 1 '"""* REMITTANCES TO £ s. d. Amounts credited to New Zealand Public Account, London, being Amounts remitted £ s. d. £ s. d 8,445,700 0 0 from Public Account, Wellington .. .. .. •• •• •• •• 12,208,558 0 0 £8,445,700 0 0 Totals .. .. .. . • •• •• •• £12,208,558 0 0 RESERVE PUND £ s. d. Balances at beginning of Year,— £ s. d. £ s. d. 31,597 4 6 Cash .. .. •• •• -■ •• •• 64,219 19 10 Investment Account— 1,240,897 0 10 Securities held .. .. .« •• •• •• •* 1,240,89/ 0 10 Hawke's Bay Earthquake,— 27,094 11 0 Repayments of Loans made to Earthquake Sufferers .. .. 31,666 14 9 5.703 2 1 Repayment of Loans made to Local Authorities .. •• »• •• 6,154 5 1 ' F J 37,820 19 10 32,797 13 1 £1,305,291 18 5 Totals .. .. -• -- •• £1,342,938 0 6