New Zealand Gazette – 1935 – No. 43

Page 1653

✨ Financial Statement



JUNE 13.] THE NEW ZEALAND GAZETTE. 1653

Year ended 31st MARCH, 1935, compared with the Year ended 31st MARCH, 1934—continued.

ACCOUNT—continued.

YEAR ENDED 31ST MARCH, 1934. Net. EXPENDITURE. YEAR ENDED 31ST MARCH, 1935.
£ s. d. Gross. Credits. Net.
24,202,026 15 9 Brought forward .. .. .. .. £ s. d. £ s. d. £ s. d.
.. .. 24,499,595 9 4
37,738,968 0 0 Public Revenues Act, 1926, Section 41,— Treasury Bills redeemed (including redemptions by renewal) .. .. 19,903,225 19 10
11,180,196 15 0 New Zealand Loans Act, 1932,— 25,122,622 0 0
129,085,817 0 0 Banks Indemnity (Exchange) Act, 1932–33— Treasury Bills redeemed .. .. .. .. 55,823,183 0 0
3,182,200 0 0 Treasury Bills renewed at maturity .. .. .. .. 3,188,500 0 0
143,448,213 15 0 Treasury Bills converted .. .. .. .. .. 84,134,305 0 0
26,684,000 0 0 Banks Indemnity (Exchange) Act, 1932–33,— Payment to the Banks for exchange on London purchased and paid into New Zealand Government Indemnity Exchange Account, London .. .. .. .. 7,614,000 0 0 .. 7,614,000 0 0
4,477,810 0 0 Exchange paid to the Banks on London funds treated as surplus sterling assets .. .. .. .. 421,892 13 0 4,899,702 13 0† Cr. 4,477,810 0 0
31,161,810 0 0 8,035,892 13 0 4,899,702 13 0 3,136,190 0 0
.. Finance Act, 1931 (No. 4), Section 7 (2),— Repayment to the Banks of Advances obtained by the Hypothecation of Securities .. .. .. .. .. .. 4,050,000 0 0
.. Transfer to Deposits Account—Reserve Bank Investment Account of proceeds of Stock issued to Reserve Bank (per contra) .. .. 1,000,000 0 0
.. Amortization of Debt,— New Zealand Loans Act, 1932— Securities redeemed before maturity— Stock .. .. .. .. .. .. .. .. 1,600,212 5 1
14,740,102 11 5 Balances at end of Year,— £ s. d.
123,597 17 3 Cash .. .. .. .. .. .. .. 30,799 19 6
Imprests outstanding .. .. .. .. .. .. .. 118,100 3 7 148,900 3 1
1,164,019 14 1 Investment Account— Securities held .. .. .. .. .. .. .. .. 55,935 3 11
16,027,720 2 9†
£252,578,738 13 6 Totals .. .. .. .. .. .. .. .. £138,528,364 1 3

† Against this, Treasury bills under the Public Revenues Act, 1926, section 41, amounting to £3,452,109 were outstanding. Further Treasury bills amounting to £19,404,872 under the Banks Indemnity (Exchange) Act, 1932–33, were also outstanding, but £1,000,000 was held against these bills in the New Zealand Government Indemnity Exchange Account, London.

‡ Represents portion of exchange received on surplus London funds remitted to New Zealand applied to clear amount previously charged to suspense item.



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✨ LLM interpretation of page content

💰 Statement of Receipts and Expenditure of the Consolidated Fund (continued from previous page)

💰 Finance & Revenue
Consolidated Fund, Financial Statement, Expenditure, Revenue, 1934-1935