B.—l [PT. I].

Year ended 31st March, 1943, compared with the Year ended 31st March, 1942—continued.

21

REPAYMENT ACCOUNT. Year Year ended 31si Maroh, ENDED 81ST MARCH, 1948. 1942. EXPENDITURE. Net. Gross. Credits. Net. £ 8. d. Securities redeemed and cancelled in terms of Section 13 of the £ s. d. Repayment of the Public Debt Act, 1925, — Nominal Value. New Zealand Loans Act, 1932— £ s. d. 48,550 0 0 Debentures .. .. .. .. 550 0 0 .. .. 550 0 0 1,039,410 0 0 Stock .. .. .. .. 2,557,725 0 0 .. .. 2,557 725 0 0 Death duty Stock .. .. .. 50,770 0 0 .. .. 50,770 0 0 1,760,437 0 0 Treasury Bills 2,848,397 0 0 2,609,045 0 0 2,609,045 0 0 Balance at end of Year, — 319,969 2 7 Cash .. .. .. .. .. .. .. .. 276,278 5 4 £3,168,366 2 7 Totals .. .. .. .. .. ... £2,885,323 5 4 LONDON ACCOUNT. £ s. d. Amounts withdrawn from Public Account, Wellington, for £ a. d. 21,632,661 10 5 remittance to New Zealand Public Account, London .. .. .. 28,122,500 0 0 £21,632,661 10 5 Totals .. .. .. .. .. .. £28,122,500 0 0 ACCOUNT. £ e. d. Hawke's Bay Earthquake,— £ s. d. £ s. d. £ s. d. 43 0 4 Administration Expenses .. .. . 74 0 2 196 13 0 Or. 122 12 10 Balances at end of Year, — 50,258 9 11 Cash .. .. .. .. .. .. 81,594 19 11 Investment Aooount — 1,338,410 15 11 Securities held .. .. .. .. .. 1,403,410 15 11 £1,388,712 6 2 Totals .... .. .. .. .. £1,484,883 3 0