Financial Statements




LAND SETTLEMENT

SIX MONTHS ENDED 30 SEPT. & 1954

Six Months Ended 30 Sept.
£ s. d. £ s.
66,391 10 3 2,768,916 3
2,550,000 0 0 1,000,000 0
74,372 15 2 36,554 18
2,690,764 5 5
3,805,471 2

Lands and Survey Department—

Capital receipts (excluding settlement of ex-servicemen) ... ... ... 488,567 7 11
Rents, interest, royalties, etc. ... ... ... 450,544 17 8
Land development—
Capital receipts ... ... ... 845,041 17 11
Farming receipts ... ... ... 1,299,807 19 1
Miscellaneous ... ... ... 3,090 0 0
Maori Affairs Department— 723,882 16 5
Receipts from land-development schemes ... ... ... 241,681 1 1
Receipts from other activities ... ... ...
959,697 9 10 965,563 17 6
Interest on investments ... ... ... 4,565 4 4
Total ... ... ... £7,862,652 6 9

LOANS REDEMPTION

Balances at beginning of year— £ s. d.
Cash ... 505,202 4 2
Investments ... 4,000,000 0 0

New Zealand Loans Act 1953—

Section 57 (a)—

Moneys raised for the purpose of repaying loans—Stock Maturing— £ s. d.
3½-per-cent maturing 15 September 1959 ... 1,687,990 0 0
3½-per-cent maturing 15 September 1965 ... 6,841,957 6 11
3½-per-cent maturing 15 September 1969 ... 472,917 3 7
3½-per-cent maturing 15 September 1974 ... 538,219 3 8
Other securities issued ... 4,501,100 0 0
14,042,183 14 2

Section 57 (c)—

Amounts received for redemption of loans from— £ s. d.
British Phosphate Commissioners ... 9,485 8 9
Electric Supply Account ... 1,010,894 14 2
Reparation and wartime credits ... 161,413 11 10
State Advances Corporation (Housing Account) ... 700,000 0 0
Miscellaneous ... 58,891 3 0
£1,940,684 17 9

NATIONAL DEVELOPMENT

Balances at beginning of year— £ s. d.
Cash ... 4,821,692 16 2
Investments ... 2,750,000 0 0
Loan receipts unallocated ...

New Zealand Loans Act 1953 section 11—

Stock issued— £ s. d.
3-per-cent maturing 15 February 1955–58 (National Savings) ... 147,800 0 0
3-per-cent maturing 15 March 1961 (National Savings) ... 1,000,000 0 0
3½-per-cent maturing 15 September 1959 ... 6,485,995 0 0
3½-per-cent maturing 15 May 1962 (First Issue) ... 95,430 0 0
3½-per-cent maturing 15 May 1962 (Second Issue) ...
4½-per-cent maturing 15 May 1963 ... 550,000 0 0
3½-per cent maturing 15 September 1965 ... 7,936,557 13 1
4½-per-cent maturing 15 July 1968 ...
4½-per-cent maturing 15 April 1969 ... 520,000 0 0
3½-per-cent maturing 15 September 1969 ... 965,652 16 5
3½-per-cent maturing 15 September 1974 ... 2,580,955 16 4
4-per-cent maturing 11 December 1976–78 ... 246 3 10
20,282,637 9 8
Total ... £31,054,269 6 10


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✨ LLM interpretation of page content

🗺️ Land Settlement Account Statement

🗺️ Lands, Settlement & Survey
Land settlement, Capital receipts, Rents, Farming receipts, Maori Affairs Department, Investments
  • Lands and Survey Department

💰 Loans Redemption Account Statement

💰 Finance & Revenue
Loans redemption, Cash, Investments, New Zealand Loans Act 1953, Stock maturing, British Phosphate Commissioners, Electric Supply Account, State Advances Corporation

💰 National Development Account Statement

💰 Finance & Revenue
National development, Cash, Investments, Loan receipts, New Zealand Loans Act 1953, Stock issued, National Savings