Financial Statements




JUNE 14.] THE NEW ZEALAND GAZETTE. 1783

Year ended 31st MARCH, 1939, compared with the Year ended 31st MARCH, 1938—continued.

ACCOUNT.

YEAR ENDED 31ST MARCH, 1938. Net. EXPENDITURE. YEAR ENDED 31ST MARCH, 1939.
£ s. d. Gross. Credits. Net.
1,007,965 11 7 Annual Appropriation,— Vote—Development of Water-power £ s. d. £ s. d. £ s. d.
1,364,594 10 4 26,810 1 7 1,337,784 8 9
520,785 8 5 Interest and other charges on Loans and Capital Liability .. .. 544,207 18 7
.. Transfer to Electric Supply Sinking Fund Account .. .. .. 179,641 7 2
44,198 7 10 Balances at end of Year,—
18,856 18 2 Cash* 7,000 5 9
Imprests outstanding 8,926 5 2 15,926 10 11
63,055 6 0
£1,591,806 6 0 Totals .. .. .. £2,077,560 5 5

SINKING FUND ACCOUNT.

£ s. d. £ s. d. £ s. d. £ s. d.
1,750 0 0 Securities redeemed at maturity,— Stock .. .. 1,000 0 0
.. Securities redeemed before maturity,— Stock .. .. 180,000 0 0
11,679 15 1 Balance at end of Year,— Cash* .. .. 2,115 2 3
.. Investment Account,— Securities held .. .. 8,206 0 0
£13,429 15 1 Totals .. .. .. £191,321 2 3

Year ended 31st MARCH, 1939, compared with the Year ended 31st MARCH, 1938.

ZEALAND SHARES ACCOUNT.

£ s. d. £ s. d. £ s. d. £ s. d.
164,062 10 0 Finance Act, 1926, Section 8 (3),— Transfer to Ordinary Revenue Account of Dividends received in terms of the Bank of New Zealand Act, 1926, Section 13 .. .. 164,062 10 0
1,859,375 0 0 Balance at end of Year,— Investment Account— Securities held .. .. 1,859,375 0 0
£2,023,437 10 0 Totals .. .. .. £2,023,437 10 0

*This includes Public Account Cash Balance Investments which it is not possible to allocate to the individual accounts.



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✨ LLM interpretation of page content

💰 Statement of Receipts and Expenditure for Separate Accounts for the Bank of New Zealand (continued from previous page)

💰 Finance & Revenue
Receipts, Expenditure, Bank of New Zealand, Financial Statement, 1938, 1939