B.—l [Pt. I].

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

14

BANK OF NEW Year Year ended 81st March. ended 31st March, RECEIPTS. 104.3 1942. • £ s. d. Balance at beginning of Year, — £ s. d. £ s. d. Investment Account — 1,859,375 0 0 Securities held .. .. .. .. .. .. .. .. 1,859,375 0 0 Finance Act, 1926, Section 8 (3), — 113,046 17 6 Dividends received in terms of Bank of New Zealand Act, 1926, Section 13 .. .. 104,492 3 8 £1,972,421 17 0 * Totals .. .. .. .. .. .. .. £1,963,867 3 8 LAND FOR SETTLEMENTS £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 46,777 19 5 Cash .. .. .. .. .. .. .. .. .. 134,603 3 7 456 16 2 Imprests outstanding .. .. .. .. .. .. .. 517 8 1 135,120 11 8 47,234 15 7 Investment Account— 1,711,365 0 0 Securities held .. .. .. .. .. .. .. .. 2,136,365 0 0 255,277 2 2 Sales and Capital Receipts .. .. .. .. .. .. .. 201,073 13 0 412,348 3 9 Rents and Interest .. .. .. .. .. .. .. .. 414,945 3 6 99,190 5 9 Sales of Produce, Live-stock, a,nd Miscellaneous Reoeipts .. .. .. 115,785 3 10 Finance Act, 1932, Section 11 (2) (a), — Receipts from Hutt Valley Settlement Lands applied towards purchase-money expended for the acquisition of land subject to the Hutt Valley Land 1 14 0 Settlement Act, 1925, or in respect of the preparation of the lands for disposal Finance Act, 1932 (No. 2J, Section 6, — Transfer from Public Works Account of cost of acquisition and development costs of areas required for Soldier Settlement under the Small Farms Amend2,507 13 9 ment Act, 1940 .. .. .. .. .. .. .. . 2,450 0 0 22,198 4 10 Interest on Investments .. .. .. .. .. .. .. .. 22,813 6 5 Recoveries on account of Expenditure of previous Years .. .. .. .. 32,963 0 11 Capital Receipts: Development of small farms .. .. .. .. .. 80,646 16 10 Reoeipts under Housing Aot, 1935 .. .. .. .. .. .. .. 9,076 3 10 £2,550,122 19 10 Totals .. .. .. .. .. .. .. £3,151,239 0 0