New Zealand Gazette – 1940 – No. 58

Page 1405

✨ Financial Statements

JUNE 12.]

Year ended 31st MARCH, 1940, compared with the Year ended 31st MARCH, 1939—continued.

ACCOUNT.

YEAR ENDED 31ST MARCH,	EXPENDITURE.	YEAR ENDED 31ST MARCH,
ENDED 31ST MARCH,		1940.	Gross.	Credits.
1939.			£ s. d.	£ s. d.
Net.
£ s. d.	Annual Appropriation,—	1,485,511 6 3	59,793 0 4	1,425,718 5 11
1,337,784 8 9	Vote—Development of Water-power .. .. ..

	Interest and other charges on Loans and Capital Liability ..
544,207 18 7

..	Public Revenues Act, 1926, Section 40,—
..	Temporary Transfers from other Accounts repaid .. ...		210,000 0 0
179,641 7 2	Transfer to Electric Supply Sinking Fund Account ..		585,130 14 8
	Balances at end of Year,—
7,000 5 9	Cash* .. .. .. .. ..		50,887 1 2
8,926 5 2	Imprests outstanding .. .. .. .. ..
15,926 10 11
£2,077,560 5 5	Totals .. .. .. .. ..	£2,824,402 9 5

SINKING FUND ACCOUNT.

£ s. d.	Securities redeemed at maturity,—	£ s. d.	£ s. d.
1,000 0 0	Stock .. .. .. .. ..	10,195 0 0	10,195 0 0
..	Death Duty Stock .. .. .. .. ..	..
180,000 0 0	Securities redeemed before maturity,—	..	..
..	Stock .. .. .. .. ..	..	..
..	Advances to Southland Electric-power Board repaid ..	..	..
2,115 2 3	Balances at end of Year,—	..	..
..	Cash* .. .. .. .. ..	..	..
8,206 0 0	Investment Account,—	..	..
..	Securities held .. .. .. .. ..	..	..
£191,321 2 3	Totals .. .. .. ..	£595,631 10 1

Year ended 31st MARCH, 1940, compared with the Year ended 31st MARCH, 1939.

ZEALAND SHARES ACCOUNT.

£ s. d.	Finance Act, 1926, Section 8 (3),—	£ s. d.	£ s. d.
164,062 10 0	Transfer to Ordinary Revenue Account of Dividends received,	..	..
	in terms of the Bank of New Zealand Act, 1926, Section 13

1,859,375 0 0	Balance at end of Year,—		1,859,375 0 0
	Investment Account—
	Securities held .. .. .. ..
£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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VUW Te Waharoa — NZ Gazette 1940, No 58

NZLII — NZ Gazette 1940, No 58

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

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

Domain💰 Finance & Revenue
KeywordsBank of New Zealand, Separate Accounts, Financial Statements, Expenditure, Revenue

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