Financial Statements




JUNE 14] THE NEW ZEALAND GAZETTE 739
Year ended 31st MARCH, 1948, compared with the Year ended 31st MARCH, 1947--continued.
ACCOUNT

YEAR ENDED 31ST MARCH, EXPENDITURE. YEAR ENDED 31ST MARCH,
1947. 1948.
[in terms of section 3 of the Finance Act (No. 2), 1947.]

LOANS ACCOUNT

| £ | s. d. | National Development Loans Act, 1941-- Appropriation Act, 1947, Fifth Schedule-- Transfers to-- | £ | s. d. | £ | s. d. |
|---|-------|-----------------------------------------------------------------------------|---|-------|-------|
| | | Electric Supply Account ... ... ... ... | | | 5,500,000 0 0 |
| | | Land for Settlements Account ... ... ... | | | 1,700,000 0 0 |
| | | Main Highways Account ... ... ... ... | | | |
| | | Public Works Account ... ... ... ... | | | 11,400,000 0 0 |
| | | State Coal-mines Account ... ... ... | | | 1,560,000 0 0 |
| | | State Forests Account ... ... ... ... | | | 1,050,000 0 0 |
| | | Working Railways Account ... ... ... | | | 1,650,000 0 0 |
| | | Iron and Steel Industry Account ... ... | | | 173,000 0 0 |
| | | Post Office Account ... ... ... ... | | | |
| 4,000,000 | 0 0 | | | | |
| 1,500,000 | 0 0 | | | | |
| 317,250 | 0 0 | | | | |
| 7,000,000 | 0 0 | | | | |
| 120,000 | 0 0 | | | | |
| 750,000 | 0 0 | | | | |
| 750,000 | 0 0 | | | | |
| 6,000 | 0 0 | | | | |
| 600,000 | 0 0 | | | | |
| 15,043,250 | 0 0 | | 23,033,000 | 0 0 | |

Finance Act, 1946, section 3-- Purchase of shares in British Commonwealth Pacific Airlines, Ltd. ... ... ... ... ...

£ s. d.
3,000 0 0 297,000 0 0

Finance Act (No. 2), 1946, section 3-- Purchase of shares in the British Petroleum Company of New Zealand, Ltd. ... ... ... ... ...

£ s. d.
63,750 0 0 255,000 0 0

Linen Flax Corporation Act, 1945, sections 13 and 14-- Transfer to Linen Flax Corporation ... ... ... ... ...

£ s. d.
190,000 0 0

New Zealand National Airways Act, 1945, section 25-- Transfer to New Zealand National Airways Corporation ... ... ... ... ...

£ s. d.
300,000 0 0 240,000 0 0

New Zealand Loans Amendment Act, 1947, section 11 (c)-- Transfer to Loans Redemption Account ... ... ... ... ...

£ s. d.
2,121,940 0 0

£15,600,000 0 0

£ s. d.
25,946,940 0 0

REPAYMENT ACCOUNT

Amendment Act, 1947, and is now incorporated in Loans Redemption Account--see pages 736 and 737.]



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💰 Statement of Public Debt Repayment Account (continued from previous page)

💰 Finance & Revenue
Public Debt, Loans, Redemption, Securities, Stock Exchange, Public Debt Commission