Financial Accounts




13 FEBRUARY
THE NEW ZEALAND GAZETTE
351

ACCOUNT

NINE MONTHS ENDED 31 DEC 1974 PAYMENTS NINE MONTHS ENDED 31 DEC 1975
$120,541,035 Securities converted .. .. .. .. .. $168,919,810
47,800,000 Securities redeemed— 138,100,000
101,296,763 Registered Treasury bills .. .. .. .. .. 194,618,877
149,096,763 Other .. .. .. .. .. 332,718,877
959,162 Charges and expenses of issuing securities for purpose of redeeming loans .. .. .. ..
1,075,082 Charges and expenses of redeeming securities .. .. .. .. .. ..
19,301,016 Excess of receipts over payments .. .. .. .. .. 175,057,239
$290,973,058 $676,695,926
39,250,845 Balances at end of 9 months— 153,575,931
120,985,432 Cash .. .. .. .. .. 131,036,283
160,236,277 Investments (nominal value, $152,050,359) .. .. .. .. .. 284,612,214
$160,236,277 Total .. .. .. .. .. $284,612,214

LOANS ACCOUNT

$ $
250,600,000 Contribution to Consolidated Revenue Account— 2,128,065
Capital equipment credit arrangements .. .. .. .. ..
7,809,206 Contribution to Works and Trading Account 305,000,000
Contribution to Works and Trading Account—
258,409,206 Capital equipment credit arrangements .. .. .. .. .. 23,274,244
3,000,000 Acquisition of shares in Development Finance Corporation 1,000,000
5,000,000 Advances to Broadcasting Council of New Zealand 13,000,000
Advances to Development Finance Corporation .. .. .. 14,000,000
2,250,000 Advances to Housing Corporation of New Zealand—
85,250,000 Housing Development* .. .. .. .. .. 76,500,000
Housing Lending .. .. .. .. .. 157,750,000
234,250,000
3,335,936 Advances to Linen Flax Corporation .. .. .. .. .. 139,000
320,000 Advances to Natural Gas Corporation of New Zealand 4,789,747
1,000,000 Advances to New Zealand Export-Import Corporation 1,680,000
7,393,500 Advances to New Zealand National Airways Corporation 2,000,000
35,000,000 Advances to Offshore Mining Company Limited .. .. .. 57,607,579
2,194,160 Advances to Rural Banking and Finance Corporation of New Zealand 82,500,000
231,394 Advances to Shipping Corporation of New Zealand Limited 2,004,630
150,000 Advances to Tourist Hotel Corporation .. .. .. .. .. 1,540,707
20,000 Encashment of securities—Asian Development Bank 450,000
Encashment of securities—IBRD .. .. .. .. .. 20,000
1,228,642 Charges and expenses of raising loans—
New issues .. .. .. .. .. 5,783,314
Excess of receipts over payments .. .. .. .. .. 111,979,942
$404,782,838 $863,147,228
55,131,732 Excess of payments over receipts .. .. .. .. .. ..
3,794,249 Balances at end of 9 months— 173,286,367
6,411,150 Cash .. .. .. .. ..
10,205,399 Investments .. .. .. .. .. 173,286,367
$65,337,131 Total .. .. .. .. .. $173,286,367

*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

💰 Account Summary for Nine Months Ended 31 December 1974 and 1975

💰 Finance & Revenue
Financial Summary, Securities, Treasury Bills, Loan Receipts, Cash Balances

💰 Loans Account Summary

💰 Finance & Revenue
Loans, Consolidated Revenue, Capital Equipment, Housing Development, Advances to Corporations