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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Additional Sources

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