New Zealand Gazette – 1971 – No. 41

Page 1090

✨ Financial Statements

LOANS REDEMPTION

YEAR ENDED 31 MARCH 1970

RECEIPTS	$
Securities issued in conversion of maturing loans	302,593,424
Securities issued for purpose of redeeming loans	84,400,000
Statutory contribution from Consolidated Revenue Account for the redemption of debt	386,993,424
Registered Treasury bills issued	32,252,918
Miscellaneous receipts—	171,930,000
British Phosphate Commissioners	699,393
Christmas Island Phosphate Commission	527,508
Consolidated Revenue Account	27,747,082
Electric Supply	6,924,572
Harbour Boards	151,770
Deutschemark revaluation: Increase in value of investments	4,096,791
Disposal of New Zealand Steel Ltd. shares	325,050
Reparations and wartime credits	17,362
State Advances Corporation (Housing Account)	6,500,000
Tasman Pulp and Paper Co. Ltd.	148,801
Vote Defence—Military sales credit arrangements	1,230,407
Working Railways	...
Miscellaneous	27,678
Excess of payments over receipts	48,396,414
Balances at beginning of year—	1,357,005
Cash	...
Investments	...
Total	$640,929,761

YEAR ENDED 31 MARCH 1971

RECEIPTS	$
Securities issued in conversion of maturing loans	667,085,495
Securities issued for purpose of redeeming loans	23,500,000
Statutory contribution from Consolidated Revenue Account for the redemption of debt	690,585,495
Registered Treasury bills issued	34,046,200
Miscellaneous receipts—	197,041,000
British Phosphate Commissioners	19,784
Christmas Island Phosphate Commission	964,523
Consolidated Revenue Account	60,953,800
Electric Supply	7,372,314
Harbour Boards	158,430
Deutschemark revaluation: Increase in value of investments	...
Disposal of New Zealand Steel Ltd. shares	...
Reparations and wartime credits	...
State Advances Corporation (Housing Account)	4,500,000
Tasman Pulp and Paper Co. Ltd.	155,192
Vote Defence—Military sales credit arrangements	3,675,964
Working Railways	2,459,821
Miscellaneous	28,975
Excess of payments over receipts	80,288,803
Balances at beginning of year—	...
Cash	12,609,362
Investments	32,392,243
Total	$1,001,961,498

NATIONAL DEVELOPMENT

YEAR ENDED 31 MARCH 1970

Securities issued maturing—Special issues	$
5 percent 15 May 1975 (Post Office)	10,900,000
6 percent 15 May 1978 (Post Office)	4,400,000
4½ percent 15 April 1982 (Post Office)	9,000,000
6¼ percent 15 October 1980 (IBRD Railway project)	2,364,916
3¼ percent 15 June 1972	2,670,000
3¼ percent 15 November 1973	4,600,000
3¼ percent 15 April 1974	370,000
3¼ percent 15 September 1975	5,505,000
3¼ percent 15 February 1976	1,545,000
5.50 percent 15 December 1988	40,200,000
Capital equipment credit arrangements—	81,554,916
5½ percent 30 November 1983	1,609,757
7½ percent 15 April 1977	2,662,879
5½ percent 1 December 1979	1,130,315
1970 Revolving Multi Currency Loan U.S. $40,000,000—	5,402,951
6⅝-6⅞ percent 10 July 1977	...
1970 Swiss Loan SW Fr.50,000,000—	35,757,736
6¼ percent 10 December 1985	...
1970 Cash Loan (No. 1)—	10,371,746
4.65 percent 15 July 1973	6,876,590
5.15 percent 15 July 1976	14,471,565
5.50 percent 15 July 1988	27,284,470
1970 Cash Loan (No. 2)—	48,632,625
4.90 percent 15 December 1973	5,692,130
5.20 percent 15 December 1976	8,776,440
5.50 percent 15 December 1988	8,943,040
1971 Cash Loan (No. 1)—	23,411,610
4.90 percent 15 March 1974	6,316,470
5.20 percent 15 March 1977	1,221,020
5.50 percent 15 March 1989	3,854,630
Securities issued to Asian Development Bank—Non-negotiable non-interest-bearing notes	1,007,143
Securities issued to IMF—Non-negotiable non-interest-bearing notes	29,730,000
Advance subscriptions	2,385,500
Transfer from Consolidated Revenue Account	15,000,000
International Monetary Fund—Allocation of US$21,614,000 units of special drawing rights*	19,298,214
Excess of payments over receipts	...
Balances at beginning of year—	11,392,120
Cash	18,607,378
Investments	43,428,333
Total	$62,035,711

YEAR ENDED 31 MARCH 1971

Securities issued maturing—Special issues	$
5 percent 15 May 1975 (Post Office)	10,900,000
6 percent 15 May 1978 (Post Office)	4,400,000
4½ percent 15 April 1982 (Post Office)	9,000,000
6¼ percent 15 October 1980 (IBRD Railway project)	2,364,916
3¼ percent 15 June 1972	2,670,000
3¼ percent 15 November 1973	4,600,000
3¼ percent 15 April 1974	370,000
3¼ percent 15 September 1975	5,505,000
3¼ percent 15 February 1976	1,545,000
5.50 percent 15 December 1988	40,200,000
Capital equipment credit arrangements—	81,554,916
5½ percent 30 November 1983	1,609,757
7½ percent 15 April 1977	2,662,879
5½ percent 1 December 1979	1,130,315
1970 Revolving Multi Currency Loan U.S. $40,000,000—	5,402,951
6⅝-6⅞ percent 10 July 1977	...
1970 Swiss Loan SW Fr.50,000,000—	35,757,736
6¼ percent 10 December 1985	...
1970 Cash Loan (No. 1)—	10,371,746
4.65 percent 15 July 1973	6,876,590
5.15 percent 15 July 1976	14,471,565
5.50 percent 15 July 1988	27,284,470
1970 Cash Loan (No. 2)—	48,632,625
4.90 percent 15 December 1973	5,692,130
5.20 percent 15 December 1976	8,776,440
5.50 percent 15 December 1988	8,943,040
1971 Cash Loan (No. 1)—	23,411,610
4.90 percent 15 March 1974	6,316,470
5.20 percent 15 March 1977	1,221,020
5.50 percent 15 March 1989	3,854,630
Securities issued to Asian Development Bank—Non-negotiable non-interest-bearing notes	216,523,704
Securities issued to IMF—Non-negotiable non-interest-bearing notes	1,007,143
Advance subscriptions	2,385,500
Transfer from Consolidated Revenue Account	15,000,000
International Monetary Fund—Allocation of US$21,614,000 units of special drawing rights*	19,298,214
Excess of payments over receipts	...
Balances at beginning of year—	49,109,984
Cash	10,009,954
Investments	39,100,030
Total	$53,749,323

*This transaction is not a cash transaction, but is recorded because Treasury is the fiscal agent of the International Monetary Fund.

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VUW Te Waharoa — NZ Gazette 1971, No 41

NZLII — NZ Gazette 1971, No 41

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✨ LLM interpretation of page content

💰 Loans Redemption Financial Statements for the Years Ended 31 March 1970 and 1971

Domain💰 Finance & Revenue
KeywordsLoans, Redemption, Receipts, Payments, Securities, Treasury Bills, Consolidated Revenue Account, Electric Supply, Harbour Boards, Phosphate Commissioners, State Advances Corporation, Working Railways

💰 National Development Securities Issued Maturing and Loans for the Year Ended 31 March 1970

Domain💰 Finance & Revenue
KeywordsNational Development, Securities, Loans, Post Office, IBRD, Capital Equipment Credit, Revolving Multi Currency Loan, Swiss Loan, Cash Loan, Asian Development Bank, IMF, Special Drawing Rights

💰 National Development Securities Issued Maturing and Loans for the Year Ended 31 March 1971

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