Financial Statements




MAY 31.] THE NEW ZEALAND GAZETTE. 1809

Year ended 31st March, 1928, compared with the Year ended 31st March, 1927—continued.

SUPPLY ACCOUNT.

1926-1927. Gross. EXPENDITURE. 1927-1928. Gross.
£ s. d. £ s. d. £ s. d.
1,158,329 0 8 Annual Appropriation,— .. 1,418,273 10 10
Vote—Development of Water-power .. ..
Unauthorized Expenditure,—
45 11 10 Services not provided for .. .. .. .. ..
1,158,374 12 6
275,079 13 7 Public Revenues Act, 1926, Section 139,—
Interest recouped to the Consolidated Fund .. .. .. 330,774 16 10
397 7 11 New Zealand Loans Act, 1908, Section 26,—
Recoupment of Management Charges of Consolidated Stock .. .. 2,316 18 9
Finance Act, 1926, Section 23 (4),—
Recoupment of Stamp Duty on Transfers of New Zealand Consolidated Stock, 1935/45—
128 2 7 Electric-power Works Loan Act, 1919 .. .. .. .. .. 171 16 9
Amortization of Debt,—
Transfer to Electric Supply Sinking Fund Account in terms of Section 12 of the State Supply of Electrical Energy Act, 1917,—
11,342 0 0 Horahora Scheme .. .. .. .. .. .. 8,448 0 0
8,906 15 11 Lake Coleridge Scheme .. .. .. .. .. 26,250 5 3
20,248 15 11 34,698 5 3
New Zealand Loans Act, 1908, Section 5 (1) (b),—
Electric-power Works Loan Act, 1919—
110,000 0 0 Temporary Advance from Bank of England on Memorandum of Security repaid .. ..
Public Revenues Amendment Act, 1913, Section 34,—
50,000 0 0 Treasury Bills redeemed from Proceeds of Loan .. .. .. .. ..
Charges and Expenses of raising Loans,—
New Zealand Loans Act, 1908—
42,307 8 10 Electric-power Works Loan Act, 1919 .. .. .. 26,257 9 4
115 6 0 Finance Act, 1920, Section 15 (Electric-power Works) .. .. ..
42,422 14 10 26,257 9 4
Balance at end of Year,—
44,866 5 8 Cash in the Public Account .. .. .. .. .. 30,803 17 2
Imprests outstanding—
2 0 0 In the Dominion .. .. .. .. .. .. 185 0 11
79,322 4 9 In London .. .. .. .. .. .. .. 41,711 13 10
150,000 0 0 Investment Account .. .. .. .. .. .. ..
274,190 10 5 72,700 11 11*
£1,930,841 17 9 Totals .. .. .. .. .. .. .. £1,885,193 9 8

* For explanatory statement see page 1859.

SINKING FUND ACCOUNT.

£ s. d. Balance at end of Year,— £ s. d. £ s. d.
22 13 0 Cash in the Public Account .. .. .. .. .. .. 215 15 0
Investment Account—
38,640 0 0 Securities held .. .. .. .. .. .. .. 75,500 0 0
38,662 13 0 75,715 15 0*
£38,662 13 0 Totals .. .. .. .. .. .. .. £75,715 15 0

* For explanatory statement see page 1859.

NOTE.—In these accounts the credits-in-aid (section 51, Public Revenues Act, 1926) and other credits in reduction of expenditure are shown as receipts, and are not deducted from the expenditure as prior to 1924-25.

For the purposes of comparison a summary showing the net expenditure will be found on page 1860.



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💰 Statement of Receipts and Expenditure of the Public Works Fund for the Electric Supply (continued from previous page)

💰 Finance & Revenue
Public Works Fund, Receipts, Expenditure, Electric Supply, Financial Summary