✨ Financial Statements
582
THE NEW ZEALAND GAZETTE
[No. 39
STATEMENT of the RECEIPTS and EXPENDITURE of SEPARATE ACCOUNTS for the
PUBLIC DEBT
| YEAR ENDED 31ST MARCH, | RECEIPTS. | YEAR ENDED 31ST MARCH, |
|---|---|---|
| 1942. | £ s. d. | £ s. d. |
| Balance at beginning of Year,- | 913,257 13 1 | 319,969 2 7 |
| Cash ... | ... | ... |
| 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, 1942 | 1,372,882 3 2 | 1,545,663 9 7 |
| Subsection (a), being one-half of 1 per cent. of the amount of the Public Debt redeemed to 31st March, 1942 | 107,451 11 2 | 121,693 10 9 |
| Subsection (b), being 3½ per cent. of the amount of the Public Debt redeemed to 31st March, 1942 | 752,160 18 2 | 851,854 15 6 |
| Subsection (b), being 3½ per cent. of the amount of the Public Debt cancelled during the year, computed from the dates of redemption | 22,613 17 0 | 46,142 6 11 |
| Totals | £3,168,366 2 7 | £2,885,323 5 4 |
REMITTANCES TO
| £ s. d. | Amounts credited to New Zealand Public Account, London, being Amounts remitted from Public Account, Wellington | £ s. d. |
|---|---|---|
| 21,632,661 10 5 | ... | 28,122,500 0 0 |
| Totals | £21,632,661 10 5 | £28,122,500 0 0 |
RESERVE FUND
| £ s. d. | Balances at beginning of Year,- | £ s. d. |
|---|---|---|
| 46,544 4 2 | Cash ... | 50,258 9 11 |
| 1,296,412 13 4 | Investment Account-Securities held | 1,338,410 15 11 |
| 31,262 13 11 | Hawke's Bay Earthquake,-Repayments of Loans made to Earthquake Sufferers | 35,252 19 7 |
| 6,244 4 10 | Repayment of Loans made to Local Authorities | 6,680 9 10 |
| 37,506 18 9 | 41,933 9 5 | |
| 8,248 9 11 | Interest on investments | 54,280 7 9 |
| £1,388,712 6 2 | Totals | £1,484,883 3 0 |
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VUW Te Waharoa —
NZ Gazette 1943, No 39
NZLII —
NZ Gazette 1943, No 39
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💰 Statement of Receipts and Expenditure of Separate Accounts for the Public Debt
💰 Finance & RevenuePublic Debt, Receipts, Expenditure, Financial Statements