New Zealand Gazette – 1975 – No. 11

Page 287

✨ Financial Accounts

ACCOUNT


NINE MONTHS	PAYMENTS	NINE MONTHS ENDED
ENDED 31 DEC		31 DEC 1974
1973
$		$
133,845,645	Securities converted ... ... ... ... ... ...	... 120,541,035
	Securities redeemed—
322,790,000	Registered Treasury bills ... ... ... ... ... ...	47,800,000
131,328,142	Other ... ... ... ... ... ...	101,296,763
454,118,142		149,096,763
Cr. 601,240	Charges and expenses of issuing securities for purpose of redeeming loans ... ... ... ... ...	... 959,162
	Charges and expenses of redeeming securities ... ... ... ... ... ...	... 1,075,082
...	Excess of receipts over payments ... ... ... ... ... ...	... 19,301,016
152,865,920
$740,228,467		$290,973,058
	Balances at end of 9 months—
208,000,469	Cash ... ... ... ... ... ...	... 39,250,845
89,402,573	Investments (nominal value, $149,247,029) ... ... ... ... ...	... 120,985,432
297,403,042		160,236,277
$297,403,042	Total ... ... ... ... ... ...	... $160,236,277

LOANS ACCOUNT


$	Contribution to Works and Trading Account ... ... ... ... ... ...	$ 250,600,000
136,014,167	Contribution to Works and Trading Account— Capital equipment credit arrangements ... ... ... ... ... ...	7,809,206
3,232,202	Acquisition of shares in Development Finance Corporation ... ... ... ... ... ...	258,409,206
139,246,369	Acquisition of shares in Offshore Mining Company Limited including half interest in petroleum mining licence for Maui Field ... ... ... ... ... ...	3,000,000
4,825,000	Advances to Offshore Mining Company Limited ... ... ... ... ... ...	7,393,500
30,000,000	Advances to New Zealand Broadcasting Corporation ... ... ... ... ... ...	5,000,000
...	Advances to New Zealand Export-Import Corporation ... ... ... ... ... ...	320,000
...	Advances to New Zealand National Airways Corporation ... ... ... ... ... ...	1,000,000
...	Advances to Development Finance Corporation ... ... ... ... ... ...	...
2,000,000	Advances to Natural Gas Corporation of New Zealand ... ... ... ... ... ...	3,335,936
39,339	Advances to Shipping Corporation of New Zealand Limited ... ... ... ... ... ...	2,194,160
20,000	Advances to State Advances Corporation* ... ... ... ... ... ...	87,500,000
36,000,000	Advances to Housing Corporation of New Zealand ... ... ... ... ... ...	35,000,000
...	Advances to Rural Banking and Finance Corporation of New Zealand ... ... ... ... ... ...	231,394
...	Advances to Tourist Hotel Corporation ... ... ... ... ... ...	150,000
2,819,890	Encashment of securities—Asian Development Bank ... ... ... ... ... ...	20,000
350,000	Encashment of securities—IBRD ... ... ... ... ... ...	170,000
...	Charges and expenses of raising loans— New issues ... ... ... ... ... ... ... ... ... ... ... ...	1,228,642
160,868,416	Excess of receipts over payments ... ... ... ... ... ...	...
$376,169,014		$404,782,838
...	Excess of payments over receipts ... ... ... ... ... ...	55,131,732
170,128,288	Balances at end of 9 months—
38,710,577	Cash ... ... ... ... ... ...	... 3,794,249
	Investments ... ... ... ... ... ...	... 6,411,150
208,838,865		10,205,399
$208,838,865	Total ... ... ... ... ... ...	... $65,337,131

*The State Advances Corporation has been restructured into two separate corporations; the Housing Corporation of New Zealand and the
Rural Banking and Finance Corporation of New Zealand.

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VUW Te Waharoa — NZ Gazette 1975, No 11

NZLII — 🌐 NZ Gazette 1975, No 11

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💰 Account Summary for Nine Months Ended 31 December 1974

Domain💰 Finance & Revenue
KeywordsAccount, Payments, Securities, Receipts, Investments, Cash, Balances

💰 Loans Account Summary for Nine Months Ended 31 December 1974

Domain💰 Finance & Revenue
KeywordsLoans, Contributions, Advances, Encashment, Securities, Balances, Works and Trading Account, Development Finance Corporation, Offshore Mining Company, New Zealand Broadcasting Corporation, New Zealand Export-Import Corporation, New Zealand National Airways Corporation, Natural Gas Corporation, Shipping Corporation, State Advances Corporation, Housing Corporation, Rural Banking and Finance Corporation, Tourist Hotel Corporation, Asian Development Bank, IBRD

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