Financial Statements




ACCOUNT

SIX MONTHS ENDED 30 SEP 1974 PAYMENTS SIX MONTHS ENDED 30 SEP 1975
$ 112,083,805 Securities converted .. .. .. .. .. .. .. .. .. .. .. .. .. $ 57,177,135
14,200,000 Securities redeemed— Registered Treasury bills .. .. .. .. .. .. .. .. .. .. .. .. .. 27,000,000
71,989,277 Other .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 151,770,256
86,189,277 178,770,256
959,162 Charges and expenses of issuing securities for purpose of redeeming loans .. .. ..
1,075,082 Charges and expenses of redeeming securities .. .. .. .. .. .. .. .. .. .. .. .. ..
17,217,973 Excess of receipts over payments .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 82,074,058
$217,525,299 $318,021,449
Balances at end of 6 months— Cash .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 93,318,025
3,304,143 Investments (nominal value, $i18,384,861) .. .. .. .. .. .. .. .. .. .. .. .. .. .. 98,311,008
154,849,091 191,629,033
158,153,234 Total .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. $191,629,033
$158,153,234

LOANS ACCOUNT

$ Contribution to Works and Trading Account .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. $ 204,000,000
135,000,000 Contribution to Works and Trading Account— Capital equipment credit arrangements .. 2,942,344
7,720,076 206,942,344
142,720,076 Advances to Broadcasting Council of New Zealand .. .. .. .. .. .. .. .. .. .. .. .. .. 10,000,000
3,000,000 Advances to Development Finance Corporation .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 10,000,000
1,680,000
3,000,000 Acquisition of shares in Development Finance Corporation .. .. .. .. .. .. .. .. .. ..
320,000 Advances to Export-Import Corporation .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..
Advances to Housing Corporation of New Zealand— Housing Development* .. .. .. .. .. .. .. 44,250,000
2,250,000 Housing Lending .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 90,750,000
30,750,000 135,000,000
2,891,345 Advances to Natural Gas Corporation of New Zealand .. .. .. .. .. .. .. .. .. .. .. .. 3,172,505
Advances to New Zealand National Airways Corporation .. .. .. .. .. .. .. .. .. .. .. 2,000,000
3,509,500 Advances to Offshore Mining Company Limited .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 30,310,814
14,500,000 Advances to Rural Banking and Finance Corporation of New Zealand .. .. .. .. .. .. .. 54,000,000
2,130,266 Advances to Shipping Corporation of New Zealand Ltd. .. .. .. .. .. .. .. .. .. .. .. .. 2,005,604
172,291 Advances to Tourist Hotel Corporation .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 999,827
150,000 Encashment of securities—Asian Development Bank .. .. .. .. .. .. .. .. .. .. .. .. .. 450,000
Encashment of securities: I.B.R.D. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 20,000
Charges and expenses of raising loans— New issues .. .. .. .. .. .. .. .. .. .. .. .. .. 4,223,687
463,231 $460,804,781
$205,856,709
50,217,270 Excess of payments over receipts .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 34,120,626
Balances at end of 6 months— Cash .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 16,077,773
8,079,853 Investments (nominal value, $13,662,244) .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. 11,108,026
7,040,008 27,185,799
15,119,861
$65,337,131 Total .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. $61,306,425

*Expenditure previously met from Works and Trading Account, Vote Works and Development (Programme VIII (1974-75)—Construction of Housing).



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✨ LLM interpretation of page content

💰 Summary of Receipts and Payments of the Public Account for Six Months Ended 30 September 1975 (continued from previous page)

💰 Finance & Revenue
Public Account, Receipts, Payments, Financial Summary, Six Months

💰 Loans Account Summary for Six Months Ended 30 September 1975

💰 Finance & Revenue
Loans Account, Financial Summary, Six Months, Government Expenditure