8.—7 [PT. I

YEAR ENDING 31 MARCH, 1944.

PERMANENT CHARGES.-DEBT SERVICES—INTEREST —continued. New Zealand Loans Act, 1932—continued. LOANS DOMICILED IN AUSTRALIA AND NEW ZEALAND—continued.

Summary.

PERMANENT CHARGES.—DEBT SERVICES—AMORTIZATION.

(a) Includes exchange on interest payable in London. (b) For comparative purposes, exchange amounting to £1,305,000 paid on interest on London debt should be added to this figure.

9

Principal ler Maturity Date. Half-yearly Due Dates of Interest. I Interest. £ £ Brought forward .. .. .. 4,751,162 93,720 3 1 February, 1957 .. .. 1 August and 1 February .. 2,812 9,839,000 4 15 February, 1943-46 .. .. 15 August and 15 February .. 393,560 17,834,933 2J 15 August, 1957 .. .. 15 August and 15 February .. 445,873 8,200,000 3 15 August, 1957 .. .. 15 August and 15 February .. 246,000 2,122,260 4 15 August, 1957 .. .. 15 August and 15 February .. 84,890 3,606,835 2£ 15 February, 1958 .. .. 15 August and 15 February .. 90,171 262,270 4 15 March, 1945 .. .. .. 15 September and 15 March .. 10,491 6,302,500 15 September, 1947 .. .. 15 September and 15 March .. 157,562 2,856,250- 4 15 September, 1947 .. .. 15 September and 15 March .. 114,250 1,205,300 5 15 September, 1947 .. .. 15 September and 15 March .. 60,265 6,767,900 3 15 September, 1946-48 .. .. 15 September and 15 March .. 203,037 11,040,000 3 15 September, 1952-55 .. .. 15 September and 15 March .. 331,200 14,587,000 3J 15 September, 1957-60 . . .. 15 September and 15 March .. 474,077 2,678,400 2J 15 September, 1958 .. .. 15 September and 15 March .. 66,960 2,537,015 2J 15 March, 1959 .. .. .. 15 September and 15 March .. 63,425 205,491 3 15 March, 1959 .. .. .. 15 September and 15 March .. 6,165 630,640 4 15 March, 1959 .. .. .. 15 September and 15 March .. 25,226 Gross interest payable in New Zealand .. .. .. 7,527,126 Interest on Moating Debt .. .. .. .. .. .. 850,000 Interest on New Issues .. .. .. . . .. .. 1,148,000 Gross interest on Floating Debt and New Issues .. .. 1,998,000 Interest: Gross total .. .. .. .. .. (a) 16,256,386 Recoveries — £ Electric Supply Account .. .. .. .. 665,500 Land for Settlements Account .. .. .. 400,000 Main Highways Account .. .. .. .. 448,510 State Coal-mines Account .. .. . . .. 15,500 Housing Account .. .. .. .. .. 332,000 1,861,510 Amount receivable from interest on State Advances Corporation stock and contingent liability .. .. •• ■■ 1,383,670 3,245,180 NET INTEREST CHARGEABLE TO THE CONSOLIDATED FUND, 1943-44 .. £13,011,206

1943-44. 1942-43. Gross Amount. j .Recoverable. Net Amount. Estimated. Expended. £ £ I £ £ I £ 16,256,380 3,245,180 I 13,011,206 9,641,028 I (b) 9,676,998 I |

1943-44. 1942-43. Authorizing Act,. Principal. Amount Recoverable. Net Estimate. Estimated. Expended. Sinking Funds — ££££££ Finance Act, 1928 (Section 13) — Westport Harbour Act, 1920 — Westport Harbour Board Act, 1884, and Loan Acts, 1896, 1897, and 1900 .. 414,250 8,859 Westport Harbour Board Loan Act, 1908 .. .. .. .. 200,000 2,000 614,250 10,859 .. 10,859 16,288 16,288 Debt Repayment — Repayment of the Public Debt Act, 1925 .. 3,000,000 .. 3,000,000 2,561,087 2,565,354 Public Revenues Act, 1926 (Section 135 (4)) — Amount transferred to Loans Redemption Account for redemption of Securities .. .. 10,000 .. 10, 000 10,000 400 TOTALS .. .. .. .. 3,020,859 .. 3,020,859 2,587,375 2,582,042