Financial Statements




[MAY 23

THE NEW ZEALAND GAZETTE

679

Year ended 31st MARCH, 1950, compared with the Year ended 31st MARCH, 1949

FUND

YEAR ENDED 31ST MARCH, 1949. EXPENDITURE. YEAR ENDED 31ST MARCH, 1950.
£ s. d. £ s. d. £ s. d.
1,600,000 0 0 Balances at end of year— 101,837 14 2
Cash .. .. .. .. .. .. 2,630,000 0 0
Investments (on account Air Defence) .. .. .. .. .. .. 200,000 0 0
Investments (on account Naval Defence) .. .. .. .. .. ..
2,931,837 14 2
£1,600,000 0 0 Totals .. .. .. .. .. .. ..
£2,931,837 14 2

DAMAGE FUND

£ s. d. Annual Appropriation— £ s. d. £ s. d.
17,594 8 11 Vote—Earthquake and War Damage .. .. .. .. .. .. .. 18,017 12 4
15,170 11 11 Earthquake and War Damage Act, 1944— 2,198 1 4
11,640 0 0 Insurance expenditure under section 12 (1)— 11,640 0 0
Claims .. .. .. .. .. .. 636 17 5
Reinsurance premiums .. .. .. .. .. ..
Disaster claims .. .. .. .. .. ..
26,810 11 11 14,474 18 9
339,525 0 0 Adjustment of value of investments held in London consequent on exchange-rate reverting to parity with sterling .. .. .. .. .. .. .. ..
43 9 2 Superannuation Act, 1947, section 86 (2)— .. 41 13 6
Subsidy to Government Superannuation Fund .. .. .. .. .. ..
34,257 0 6 Balances at end of year— 125,453 18 10
6,075,600 0 0 Cash .. .. .. .. .. .. 6,710,000 0 0
102 7 3 Investments .. .. .. .. .. .. 61 7 0
Imprests outstanding .. .. .. .. .. ..
6,109,959 7 9 6,835,515 5 10
£6,493,932 17 9 Totals .. .. .. .. .. .. .. £6,868,049 10 5

ACCOUNT

£ s. d. Annual Appropriation— £ s. d. £ s. d.
7,524,363 13 9 Vote—Electric Supply .. .. .. .. .. .. 8,411,415 0 2
193 13 6 Unauthorized expenditure— 710 11 1
Services not provided for .. .. .. .. .. ..
7,524,557 7 3 8,412,125 11 3
1,539,566 15 7 Interest on capital liability paid to Ordinary Revenue Account .. .. .. .. .. .. .. 1,412,976 11 0
Income-tax .. .. .. .. .. .. .. 153,109 18 6
Social security charge .. .. .. .. .. .. .. 23,043 6 4
12,861 16 1 Superannuation Act, 1947, section 86 (2)— .. 18,942 5 10
Subsidy to Government Superannuation Fund .. .. .. .. .. ..
191,401 19 7 Transfer to Loans Redemption Account for redemption of securities .. 356,401 1 2
184,743 0 3 Balances at end of year— 5.. .27 6 0
60,340 7 1 Cash .. .. .. .. .. .. 3. . 3 2 3
Imprests outstanding .. .. .. .. .. ..
245,083 7 4 564,085 8 3
£9,513,471 5 10 Totals .. .. .. .. .. .. £10,940,684 2 4

B



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✨ LLM interpretation of page content

💰 Statement of Receipts and Expenditure for Air Defence Fund

💰 Finance & Revenue
Financial Statement, Air Defence Fund, Year ended 31 March 1950, Expenditure, Balances

💰 Statement of Receipts and Expenditure for Damage Fund

💰 Finance & Revenue
Financial Statement, Damage Fund, Year ended 31 March 1950, Earthquake and War Damage Act, 1944

🏗️ Statement of Receipts and Expenditure for Electric Supply Account

🏗️ Infrastructure & Public Works
Financial Statement, Electric Supply Account, Year ended 31 March 1950, Vote—Electric Supply, Superannuation Act, 1947