B.—l [Pt. I].

Year ended 31st March, 1942, compared with the Year ended 31st March, 1941—continued.

21

REPAYMENT ACCOUNT. Year Yiar ended 31st March, ended 31st March, 1942 1941. EXPENDITURE. ' Net * 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. 200 0 0 Debentures .. .. .. .. 48,550 0 0 .. . . 48,550 0 0 718,610 0 0 Stock .. .. .. .. 1,039,410 0 0 .. .. 1,039/110 0 0 459,417 10 0 Treasury Bills .. .. .. 1,700,437 0 0 .. 1,760,437 0 0 1,178,227 10 0 2,848,397 0 0 .. .. 2,848,397 0 0 . . Balance at end of Year, — 913,257 13 1 Cash .. .. .. .. .. 319,969 2 7 £2,091,485 3 1 Totals .. .. .. .. ,. .. £3,168,366 2 7 LONDON ACCOUNT. £ s. d. Amounts withdrawn from Public Account, Wellington, for £ s. d. £ s. d. £ s. d. 12,208,558 0 0 remittance to New Zealand Public Account, London .. .. .. 21,632,661 10 5 £12,208,558 0 0 Totals .. .. .. .. .. ,. £21,632,661 10 5 ACCOUNT. £ s. d. j Hawke's Bay Earthquake,— £ 8 . d. £ s. d. £ s. d. Or. 18 17 0 Administration Expenses .. .. .. .. 77 13 10 j 34 13 6 43 0 4 Balances at end of Year, — 46,544 4 2 Cash .. .. .. .. .. .. 50,258 9 11 Investment Acoount— 1,296,412 13 4 Securities held .. .. .. .. .. 1,338,410 15 11 £1,342,938 0 6 Totals .. .. .. .. .. .. £1,388,712 6 2