New Zealand Gazette – 1941 – No. 13

Page 287

✨ Financial Statements

FEB. 14.] THE NEW ZEALAND GAZETTE. 287

Nine Months ended 31st DECEMBER, 1940, compared with the Nine Months ended 31st DECEMBER, 1939—continued.

ACCOUNT.

NINE MONTHS	EXPENDITURE.
ENDED 31ST DEC.,		NINE MONTHS ENDED 31ST DECEMBER, 1940.
1939.		Gross.	Credits.	Net.
Net.		£ s. d.	£ s. d.	£ s.
£ s. d.	Annual Appropriation,—	1,596,556 17 6	24,470 14 9	1,572,086 2
951,741 7 9	Vote—Development of Water-power
373,247 14 10	Interest and other Charges on Loans and Capital Liability			332,482 10
50,000 0 0	Public Revenues Act, 1926, Section 40,—			175,000 0
	Temporary Transfers from other Accounts repaid
..	Social Security Charge			14,531 16
..	National Security Tax			14,531 16
11,000 0 0	Transfer to Electric Supply Sinking Fund Account			..
200,194 9 7	Balances at end of Nine Months,—		16,804 5 0
1,031 2 8	Cash*		50,000 0 0
201,225 12 3	Imprests outstanding			66,804 5
£1,587,214 14 10	Totals			£2,175,436 11

SINKING FUND ACCOUNT.

£ s. d.		£ s.
50 0 0	Securities redeemed before maturity,—	50 0
	Stock
4,000 0 0	Securities redeemed at maturity,—	2,620 0
	Death Duty Stock
12,000 0 0	Advances to Southland Electric Power Board repaid..	..
450 15 5	Balances at end of Nine Months,—	5,128 0
	Cash*
5,000 0 0	Investment Account—	5,000 0
	Securities held
£21,500 15 5	Totals	£12,798 0

Nine Months ended 31st DECEMBER, 1940, compared with the Nine Months ended 31st DECEMBER, 1939.

ZEALAND SHARES ACCOUNT.

£ s. d.		£ s.
164,062 10 0	Finance Act, 1926, Section 8 (3),—	164,062 10
	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 Nine Months,—	1,859,375 0
	Investment Account—
	Securities held
£2,023,437 10 0	Totals	£2,023,437 10

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 1941, No 13

NZLII — NZ Gazette 1941, No 13

The Old Government Buildings (depicted) were completed in 1876 and initially housed the entire Wellington-based civil service as well as the entire New Zealand Cabinet. The Executive Council met there until 1948.

✨ 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, Financial Statement, Separate Accounts, Expenditure, Sinking Fund, Zealand Shares

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