Financial Statement




1448

THE NEW ZEALAND GAZETTE.
[No. 44

STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the
PUBLIC DEBT

YEAR RECEIPTS. YEAR ENDED 31ST MARCH,
ENDED 31ST MARCH, Balance at beginning of Year,— 1988.
1987. Cash .. £ s. d.
£ s. d.
£ s. d. 39,794 11 5
106,387 9 5
Repayment of the Public Debt Act, 1925, Section 11,—
Transfers from the Consolidated Fund in respect of the Public Debt within the
meaning of the Act—
Subsection (a), being one-half of 1 per cent. of the amount of the Public Debt
outstanding at 31st March, 1937 1,076,161 9 5
1,054,311 17 1 Subsection (a), being one-half of 1 per cent. of the amount of the Public Debt
redeemed to 31st March, 1937 74,817 3 8
66,361 4 10 Subsection (b), being 3½ per cent. of the amount of the Public Debt redeemed
to 31st March, 1937 523,720 5 11
464,528 14 0 Subsection (b), being 3½ per cent. of the amount of the Public Debt cancelled
during the year, computed from the dates of redemption 5,074 16 10
39,306 0 4
1,624,507 16 3 1,679,773 15 10
Interest on Investments ..
87 15 6
Totals
£1,730,983 1 2 £1,719,568 7 3

REMITTANCES TO

£ s. d. Amounts credited to New Zealand Public Account, London, being Amounts remitted £ s. d. £ s. d.
11,349,900 0 0 from Public Account, Wellington .. .. 9,928,800 0 0
£11,349,900 0 0 Totals .. £9,928,000 0 0

RESERVE FUND

£ s. d. Balances at beginning of Year,— £ s. d. £ s. d.
27,843 12 1 Cash .. .. 5,627 4 3
Investment Account— ..
324,653 14 0 Securities held .. 357,897 0 10
..
16,184 16 10 Hawke's Bay Earthquake,— 26,741 14 5
Repayments of Loans made to Earthquake Sufferers ..
20 0 0 Repayment of Loans made to Local Authorities 10 0 0 26,751 14 5
16,204 16 10 853,897 0 6
Public Revenues Act, 1926, Section 114—
Transfer from Consolidated Fund .. ..
£368,702 2 11 Totals .. £1,244,173 0 0


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💰 Statement of the Receipts and Expenditure of Separate Accounts for Public Debt (continued from previous page)

💰 Finance & Revenue
Financial Statement, Receipts, Expenditure, Public Debt, Year Ended 31st March 1937, Year Ended 31st March 1938