Financial Statements




FEB. 28] THE NEW ZEALAND GAZETTE 659

Nine Months ended 31st DECEMBER, 1948, compared with the Nine Months ended 31st DECEMBER, 1947—continued

ACCOUNT

NINE MONTHS EXPENDITURE. NINE MONTHS ENDED 31ST DEC.,
ENDED 31ST DEC., £ s. d. 1948.
1947. New Zealand Loans Amendment Act, 1947— £ s. d.
Net. Section 12 (a)—
Repayment of loans from moneys received under section 11 (a) 24,550,994 0 0
Cash instalments received on account 3 per cent. London Loan utilized for
issue of stock ... 9,364,981 1 1
£ s. d.
Section 12 (b)—
Redemption of securities determined by the Public Debt Commission 3,789,755 0 0
26,710,266 0 6
... Section 12 (c)—
Redemption of loans in terms of section 58 of the New Zealand Loans Act,
4,384,055 0 0 1932 ... 4,010,682 6 6
New Zealand Loans Amendment Act, 1947—
Section 19—
Redemption of securities determined by the Public Debt Commission
7,145,421 19 8 Balance at end of nine months—
Cash ...
...
11,287,987 16 2
1,950,178 16 7 Totals ... £43,780,060 15 3
£51,477,909 12 11

LOANS ACCOUNT

£ s. d. National Development Loans Act, 1941— £ s. d. £ s. d.
Transfers to—
4,000,000 0 0 Electric Supply Account ... 3,250,000 0 0
1,450,000 0 0 Land for Settlements Account 2,050,000 0 0
7,400,000 0 0 Public Works Account ... 12,300,000 0 0
1,400,000 0 0 State Coal-mines Account 951,700 0 0
800,000 0 0 State Forests Account
1,100,000 0 0 Working Railways Account 1,220,000 0 0
163,200 0 0 Iron and Steel Industry Account
16,313,200 0 0 19,771,700 0 0
Finance Act, 1946, section 3—
6,000 0 0 Purchase of shares in British Commonwealth Pacific Airlines, Ltd. ...
127,500 0 0 Finance Act (No. 2), 1946, section 3— 510,000 0 0
100,000 0 0 Purchase of shares in the British Petroleum Co. of New Zealand, Ltd.
New Zealand National Airways Act, 1945, section 25— 475,000 0 0
Transfer to New Zealand National Airways Corporation ...
Balance at end of nine months— 985,000 0 0
4,360,705 0 0 Cash ... 584,320 0 0
£20,907,405 0 0 Totals ... £21,341,020 0 0


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💰 Statement of National Development Loans (continued from previous page)

💰 Finance & Revenue
Financial Statement, National Development, Loans, Stock Issued, Treasury Bill, New Zealand Loans Act