Financial Statement




MAY 31.] THE NEW ZEALAND GAZETTE. 1857

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

INVESTMENT ACCOUNT.

1926–1927. EXPENDITURE. 1927–1928.
Gross. Gross.
£ s. d. Balance at beginning of Year,— £ s. d.
.. Investment Account .. .. .. .. .. .. ..
1,100,000 0 0 Balance at end of Year,— ..
Investment Account—
Securities held .. .. .. .. .. ..
£1,100,000 0 0 Totals .. .. .. .. .. .. ..

*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 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.

Examined and found correct.

G. F. C. CAMPBELL,
Controller and Auditor-General.
1st June, 1928.

R. E. HAYES,
Secretary to the Treasury.

A. D. PARK,
Assistant Secretary to the Treasury.

The Treasury, Wellington,
1st June, 1928.



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🚂 Working Railways Receipts and Expenditure Statement (continued from previous page)

🚂 Transport & Communications
1 June 1928
Financial Statement, Working Railways, Investment Account, Expenditure, Securities
  • G. F. C. Campbell, Controller and Auditor-General
  • R. E. Hayes, Secretary to the Treasury
  • A. D. Park, Assistant Secretary to the Treasury