B.—l [PT. I]

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the

20

PUBLIC DEBT Yeak ENDED 318T MARCH, C?P(-PIDXC iEAR ENDED 31ST MARCH, 1943. KtoEIPTS. 1944. ■ I £ s. d. Balance at beginning of Year, — £ s. d. £ a <1 319,969 2 7 Cash .. .. .. .. .. ,, .. .. .. 270,278 5 4 Repayment of the Public Debt Act, 1926, Section 11, — Transfers from the Consolidated Fund in respect of the Publio Debt within the meaning of the Act— Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 1,545,063 9 7 outstanding at 31st March, 1943 .. .. .. .. .. 1,932,947 IS 5 Subsection (a), being one-half of 1 per cent, of the amount of the Public Debt 121,693 10 9 redeemed to 31st March, 1943 .. .. .. .. .. 134,738 15 3 Subsection (6), being 3J per cent, of the amount of the Publio Debt redeemed 851,854 15 6 to 31st March, 1943 .. .. .. .. .. .. .. 943,171 6 9 Subsection (b), being 3J per cent, of the amount of the Public Debt cancelled 46,142 6 11 during the year, computed from the dates of redemption .. .. 42,656 7 8 3,053,514 5 1 £2,885,323 5 4 Totals .. .. .. .. .. .. £3,329,792 10 5 REMITTANCES TO £ s. d. Amounts credited to New Zealand Publio Account, London, being Amounts remitted £ s. d. £ s. d. 28,122,500 0 0 from Publio Account, Wellington .. .. .. .. .. .. 29,960,837 19 9 £28,122,500 0 0 Totals .. .. .. .. .. .. .. £29,960,837 19 9 RESERVE FUND £ s. d. Balances at beginning of Year, — £ s. d. £ s. d. 50,258 9 11 Cash .. .. .. .. .. .. .. .. .. .. 81,594 19 11 Investment Account— 1,338,410 15 11 Securities held .. .. .. .. .. .. .. .. 1,403,410 15 11 Hawke's Bay Earthquake,— 35,252 19 7 Repayments of Loans made to Earthquake Sufferers .. .. .. 28,805 6 8 6,680 9 10 Repayment of Loans made to Local Authorities .. .. .. .. 5,666 14 10 34,472 1 6 41,933 9 5 54,280 7 9 Interest on investments .. .. .. .. .. .. .. .. 35,216 12 0 Exchange adjustment .. .. .. .. .. .. .. .. 91,930 12 2 £1,484,883 3 0 Totals .. .. .. .. .. .. .. £1,646,625 1 6