New Zealand Gazette – 1925 – No. 39

Page 1702

✨ Financial Statements

1702
THE NEW ZEALAND GAZETTE.
[No. 39

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the
STATE FORESTS

1923–1924.	RECEIPTS.	1924–1925.
£ s. d.		£ s. d. £ s. d.
10,532 6 4	Balance at beginning of Year,—
Cash in the Public Account	10,913 16 10
1,781 0 8	Imprests outstanding—
In the Dominion	..
632 0 0	In London ..	..
166,843 19 1	Investment Account	144,700 0 0
179,789 6 1		155,613 16 10
..	Credits-in-Aid—
Vote—State Forest Service	.. 1,959 16 10
..	Credits in reduction
Unauthorized ..	.. 4,206 5 0
1,996 10 0	Recoveries on account of Expenditure of previous Years	.. 181 0 11
90,267 7 5	Rents, Royalties, &c., from Lands set apart ..	.. ..
..	Receipts from Nurseries and Plantations*	.. 10,996 14 7
..	Receipts from Indigenous Forests* ..	.. 110,654 16 10
..	Forests Act, 1921–22, Section 39,—
Receipts from National Endowment Indigenous Forests*	.. 22,539 14 7
..	Miscellaneous Receipts* ..	.. 3,342 12 3
..	State Forests Amendment Act, 1919, and Forests Act, 1921–22, Section 3,—

Revenue from National Endowment Indigenous Forests received prior to 31st
March, 1924, and credited to Rents, Royalties, &c., now transferred to separate
heading | .. 28,504 11 4 |
| 6,013 2 1 | Interest on Securities held by Investment Account | .. 6,726 12 0 |
| 115 4 1 | New Zealand Loans Act, 1908,—
New Zealand Consolidated Stock, 1935/1945—
Forests Act, 1921–22 —
5-per-cent. Inscribed Stock issued in respect of Amount required to cover
Stamp Duty on Transfers .. | .. 93 11 9 |
| .. | Forests Act, 1921–22, Section 40, and Finance Act, 1924, Section 16—
Debentures issued | .. 100,000 0 0 |
| .. | Finance Act, 1924, Section 16 (4),—
Receipts from sale of timber on Selwyn Settlement .. | .. 10,755 0 8 |
| .. | Adjustment of Entries wrongly shown in 1922–23 Accounts,—
New Zealand Loans Act, 1908—
Forests Act, 1921–22—
Debentures issued | .. .. |
| 10,000 0 0 | New Zealand Consolidated Stock, 1935/1945—
Amount received in respect of £200,000 authorized (part of £5,000,000
5-per-cent. Stock Loan) .. | .. .. |
| 200,000 0 0 | Interest on overdue Instalments | .. .. |
| 4 11 10 | 5-per-cent. Inscribed Stock issued in respect of Amount required to cover
Stamp Duty on Transfers (includes £1 9s. to cover Expenses of raising
Loan) .. | .. .. |
| 357 13 1 | Premiums | .. .. |
| 9 15 0 | 5-per-cent. Inscribed Stock issued in respect of Amount required to cover
Expenses of raising £200,000 | .. .. |
| 3,830 4 6 | Premium.. | .. .. |
| 19 3 0 | | |
| 214,221 7 5 | | |
| £492,402 17 1 | Totals .. | £455,574 13 7 |

These receipts were formerly shown as Rents, Royalties, &c., from Lands set apart.

SWAMP LAND

£ s. d.		£ s. d. £ s. d.
3,713 19 8	Balance at beginning of Year,—
Cash in the Public Account	.. 5,859 17 8
..	Credits in reduction of Expenditure under Section 4 of the Swamp Drainage Act,

1915, and Section 95 of the Reserves and Other Lands Disposal and Public Bodies
Empowering Act, 1916 .. | .. 746 2 5 |
| .. | Swamp Land Drainage Act, 1915, Section 8,—
Thirds .. | .. 1 0 0 |
| 135 11 2 | Miscellaneous Receipts | .. 208 7 8 |
| 30 11 5 | Interest on Securities held by Investment Account | .. .. |
| .. | New Zealand Loans Act, 1908,—
Swamp Drainage Act, 1915, and Appropriation Act, 1918, Section 46—
Debentures issued | 40,000 0 0 |
| 63,000 0 0 | New Zealand Consolidated Stock, 1944—
Stock issued in respect of £50,000 authorized (4½-per-cent. Stock Loan) | 50,000 0 0 |
| .. | | 90,000 0 0 |
| £66,880 2 3 | Totals .. | £96,815 7 9 |

NOTE.—In these accounts the credits-in-aid (section 22, Appropriation Act, 1923) and other credits in reduction of expenditure are shown
as receipts, and are not deducted from the expenditure as formerly.
For the purposes of comparison a summary showing the net expenditure will be found on page 1709.

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