New Zealand Gazette – 1968 – No. 8

Page 243

✨ Financial Accounts

21 FEBRUARY
THE NEW ZEALAND GAZETTE
243

ACCOUNT

NINE MONTHS ENDED 31 DEC. 1966	PAYMENTS	NINE MONTHS ENDED 31 DEC. 1967
$		$
89,144,546	Securities converted .. .. .. .. .. ..	58,668,250
835,390	Charges and expenses of converting securities .. .. ..	192,184
		58,860,434
89,979,936

38,393,172	Securities redeemed .. .. .. .. .. ..	77,622,182

444,036	Charges and expenses of issuing securities for purpose of redeeming loans ..	..

16,692,468	Excess of receipts over payments .. .. .. .. ..	..

$145,509,612		$136,482,616
..	Excess of payments over receipts .. .. .. .. ..	40,879,547

	Balances at end of nine months—
652,770	Cash .. .. .. .. .. .. ..	685,099
40,118,420	Investments .. .. .. .. .. ..	5,227,335
		5,912,434
40,771,190

$40,771,190	Total .. .. .. .. .. .. ..	$46,791,981

LOANS ACCOUNT

$		$
96,696,666	Contribution to Works and Trading Account	99,184,028
1,200,000	Acquisition of shares in Air New Zealand Ltd.	1,200,000
812,500	Calls on shares in New Zealand Steel Ltd.	1,487,250
..	Advances to Christmas Island Phosphate Commission	400,000
1,179,418	Advances to New Zealand Steel Ltd.	..
40,600,000	Advances to State Advances Corporation	29,600,000
853,000	Advances to Tourist Hotel Corporation	420,000
256,148	Loan to Auckland Harbour Board	406,561
..	Loan to Lyttelton Harbour Board	43,419
78,330	Loan to Napier Harbour Board	53,557
811,248	Currency subscription to Asian Development Bank	811,248
811,248	Security in favour of Asian Development Bank	811,248

	Charges and expenses of raising loans—
1,015,022	New issues	1,387,050

..	Excess of receipts over payments	9,781,185

$144,313,580		$145,585,546

14,914,878	Excess of payments over receipts	..

	Balances at end of nine months—
9,733,838	Cash	20,148,596
6,468,076	Investments	18,989,552
		39,138,148
16,201,914

$31,116,792	Total	$39,138,148

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VUW Te Waharoa — NZ Gazette 1968, No 8

NZLII — NZ Gazette 1968, No 8

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✨ LLM interpretation of page content

💰 National Development Account: Receipts and Payments

Domain💰 Finance & Revenue
KeywordsNational Development Account, Securities converted, Securities redeemed, Excess receipts, Cash, Investments

💰 Loans Account: Receipts and Payments

Domain💰 Finance & Revenue
KeywordsLoans Account, Contribution to Works and Trading Account, Acquisition of shares, Advances, Loan to Harbour Board, Currency subscription, Asian Development Bank, Excess receipts, Cash, Investments

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