B— 1 [PT. I].

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

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PUBLIC DEBT Year endbd 31st March, YEAR , DcnPiPTS 1942. bkded 31st March, Ktutiria, 1941. .V -. , _ . «r £ a. d. £ 8. d. £ s. d. Balance at beginning of ¥ ear, — 913,257 13 1 17,422 18 3 Cash .. , Repayment of the Public Debt Act, 1925, Section 11, . . . , Transfers from the Consolidated Fund in respect of the Public Debt within the Subsection (a)?bekig one-half of 1 per cent, of the amount of the Public Debt 1 246 723 5 2 outstanding at 31st March, 1941 .. . • •• • • •• ' ' Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 45] n 2 101 560 8 11 redeemed to 31st March, 1941 .. ■ • • • •• ' Subsection (6), being 34 per cent, of the amount of the Pubhc Debt redeemed 710 923 2 5 to 31st March, 1941 .. .. •• •• ,,'j ' Subsection (6), being 34 per cent, of the amount of the Public Debt cancelled 14,855 8 4 during the year, computed from the dates of redemption .. 2,255,108 9 6 2,074,062 4 10 m t , .. .. £3,168,366 2 7 £2,091,485 3 1 iotals " " " ' , ~ ' ~-j — —— ~~ REMITTANCES TO £ S d Amounts credited to New Zealand Public Account, London, being Amounts remitted £ s. d. £ s. d 12,208,558 0 0 from Public Account, Wellington " iu o — _ . , .... £21,632,661 10 5 £12,208,558 0 0 totals .. • • • ■ • • RESERVE FUND £ s. d. Balances at beginning of Year,— £ s- d ' S ( ' % 64,219 19 10 Cash .. Investment Account I nno , i .> i ■> i 1,240,897 0 10 Securities held " Hawke's Bay Earthquake,— 31,666 14 9 Repayments of Loans made to Earthquake Sufferers .. •• •• 6 244 4 10 6,154 5 1 Repayment of Loans made to Local Authorities .. •• •• •• >_ 506 jg g 37,820 19 10 Interest on investments (on account) .. •• ■ •• •• ■' 3,248 9 11 0 6 Totals 6 2