B.—l [PT. I

LOANS REDEMPTION ACCOUNT

17

YEA-R v ended 31st March, ~ ar „, 1943. EXPENDITURE. »» ' 0 "' Net. £ s. d. £ s. d. 177,011,010 2 10 Securities renewed or converted .. .. .. .. .. .. 235,482,420 15 0 fe 200 0 0 Premiums on conversion .. .. .. .. .. .. •. Ordinary Stock exchanged for Death Duty Stock .. .. .. .. 930 0 0 - 250,725 0 0 Death Duty Stock exchanged or replaced by Ordinary Stock .. .. 262,26000 61,470 0 0 Debentures exchanged for Stock .. .. .. .. .. ... 52,005 0 0 2,060,024 8 9 Securities redeemed at or before maturity .. .. .. .. .. 10,900,099 2 5 Costs, charges, and expenses of raising loans, — Issues in conversion— ■ Finance Act, 1932, Section 55 — 2,369,467 10 0 Exchange on remittances beyond New Zealand Balance at end of Year, — 24,490 10 11 Cash .. .. .. .. .. .. .. .. 23,868 11 8 181,777,393 12 6 Totals .. .. .. .. ... .. 246,811,583 9 I 3—B. 1 [PT. I].