New Zealand Gazette – 1975 – No. 39

Page 1077

✨ Financial Report



13 MAY

LOANS ACCOUNT

YEAR ENDED PAYMENTS YEAR ENDED
31 MARCH 1974 31 MARCH 1975
$ $
$86,500,000 Contributions to Works and Trading Account— $147,000,000
... Electric Supply ... ... ... ... ... ... $24,000,000
$85,000,000 Land Settlement ... ... ... ... ... ... $144,500,000
$13,514,167 Public Works ... ... ... ... ... ... $20,000,000
... Railways ... ... ... ... ... ... $1,700,000
$185,014,167 State Coal Mines ... ... ... ... ... ... $337,200,000
Capital equipment credit arrangements—
$4,425,628 Electric Supply ... ... ... ... ... ... $1,416,001
... Railways ... ... ... ... ... ... $6,500,161
$4,425,628 $7,916,162
$189,439,795 Acquisition of shares in Development Finance Corporation
$4,825,000 Acquisition of shares in Offshore Mining Company Ltd., including half interest in petroleum mining licence for Maui Field
$30,000,000 Acquisition of shares in Tasman Pulp and Paper Company Ltd.
$7,920,000 Advances to Development Finance Corporation ...
$18,750,000 Advances to Natural Gas Corporation of New Zealand
$1,769,330 Advances to New Zealand Broadcasting Corporation
... Advances to New Zealand Export Import Corporation
... Advances to New Zealand National Airways Corporation
$1,500,000 Advances to Offshore Mining Company Ltd. ...
$1,174,000 Advances to Post Office ... ... ...
$21,000,000 Advances to Shipping Corporation of New Zealand Ltd. ...
$2,159,110 Calls on shares in Shipping Corporation of New Zealand Ltd.
$7,710,000 Advances to Housing Corporation of New Zealand
... Advances to Rural Banking and Finance Corporation of New Zealand
... Advances to State Advances Corporation†
$63,000,000 Advances to Tourist Hotel Corporation
$3,086,673 Encashment of securities IBRD ... ... ... ...
$20,000 Further subscriptions to Asian Development Bank
$766,260 Further security in favour of Asian Development Bank
$1,142,397 Encashment of securities Asian Development Bank
$350,000 Charges and expenses of raising loans—
... New issues ... ... ... ... ... ...
$17,366,682 Excess of receipts over payments ... ... ...
$371,979,247 Excess of payments over receipts
... Balances at end of year—
$6,745,059 Cash ... ... ...
$58,592,072 Investments (nominal value, $55,894,233) ... ...
$65,337,131 Total ... ... ... ... ... ... ...
$65,337,131

*Advances to Housing Corporation of New Zealand of $132,250,000 includes supplementary transfer of $22,750,000 made under section 13, New Zealand Loans Act 1953.

†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.

$345,116,162
$6,000,000
...
...
$8,253,610
$13,000,000
$320,000
$2,000,000
$18,353,185
$32,000,000
$2,197,873
$2,197,873
$132,250,000*
$60,500,000
$450,650
$20,000
$805,960
$1,254,771
$200,000
$2,260,731
$3,433,462
$626,155,673
$4,030,706
$15,579,383
$45,727,042
$61,306,425



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✨ LLM interpretation of page content

💰 Account Summary for the Year Ended 31 March 1975 (continued from previous page)

💰 Finance & Revenue
Financial Report, Account Summary, Securities, Redemption, Payments, Receipts