31 MAY

LOANS ACCOUNT

THE NEW ZEALAND GAZETTE

YEAR ENDED
31 MARCH 1975

PAYMENTS

YEAR ENDED
31 MARCH 1976

$ ..
Contributions to Consolidated Revenue Account—
Capital equipment credit arrangement .. .. .. .. .. ..
Contributions to Works and Trading Account—
Electric Supply .. .. .. .. .. ..
Land Settlement .. .. .. .. .. ..
Public Works .. .. .. .. .. ..
Railways .. .. .. .. .. ..
State Coal Mines .. .. .. .. .. ..

$2,128,065
208,500,000
29,500,000
115,000,000
49,500,000
10,500,000

$147,000,000
$24,000,000
$144,500,000
$20,000,000
$1,700,000
337,200,000

Capital equipment credit arrangements—
Electric Supply .. .. .. .. .. .. ..
State Coal Mines .. .. .. .. .. .. ..
Railways .. .. .. .. .. .. ..

$31,003,795
$974,841
$26,115,983

$1,416,001
$6,500,161
7,916,162

Acquisition of shares in Air New Zealand .. .. .. .. .. .. ..
Acquisition of shares in Development Finance Corporation .. .. .. .. .. .. ..
Advances to Development Finance Corporation .. .. .. .. .. .. ..
Advances to Natural Gas Corporation of New Zealand .. .. .. .. .. .. ..
Advances to Broadcasting Council of New Zealand .. .. .. .. .. .. ..
Advances to New Zealand Export Import Corporation .. .. .. .. .. .. ..
Advances to New Zealand National Airways Corporation .. .. .. .. .. .. ..
Advances to Offshore Mining Company Ltd. .. .. .. .. .. .. ..
Advances to Post Office .. .. .. .. .. .. ..
Advances to Shipping Corporation of New Zealand Ltd. .. .. .. .. .. .. ..
Advances to Linen Flax Corporation .. .. .. .. .. .. ..
Advances to Housing Corporation of New Zealand—
Housing Development* .. .. .. .. .. .. ..
Housing Lending .. .. .. .. .. .. ..

$4,000,000
$1,000,000
$14,142,221
$5,947,458
$16,900,000
$1,680,000
$2,000,000
$80,688,035
$53,000,000†
$2,010,733
$139,000
$110,000,000
$200,000,000

$6,000,000
$8,253,610
$13,000,000
$320,000
$2,000,000
$18,353,185
$32,000,000
$2,197,873
$2,250,000
$130,000,000

Advances to Rural Banking and Finance Corporation of New Zealand .. .. .. .. .. .. ..
Advances to Tourist Hotel Corporation .. .. .. .. .. .. ..
Encashment of securities IBRD .. .. .. .. .. .. ..
Further subscriptions to Asian Development Bank .. .. .. .. .. .. ..
Security in favour of Asian Development Bank .. .. .. .. .. .. ..
Encashment of securities Asian Development Bank .. .. .. .. .. .. ..

$60,500,000
$450,650
$20,000
$805,960
$1,254,771
$200,000

Security in favour of International Monetary Fund .. .. .. .. .. .. ..
Charges and expenses of raising loans—
New issues .. .. .. .. .. .. ..
Temporary transfer to Consolidated Revenue Account .. .. .. .. .. .. ..

$93,000,000
$3,235,332
$40,000
$2,486,702
$650,000
$3,136,702
$10,682,121
$7,618,290

$3,433,462

Excess of payments over receipts .. .. .. .. .. .. ..
Balances at end of year—
Cash .. .. .. .. .. .. ..
Investments (nominal value, $26,770,108) .. .. .. .. .. .. ..

$4,030,706
$15,579,383
$45,727,042

Total .. .. .. .. .. .. ..

$65,337,131

$626,155,673
$1,137,442,576
$7,639,560
$28,235,566
$25,431,299
$53,666,865
$61,306,425

*Expenditure previously met from Works and Trading Account, Vote Works and Development (Programme VIII (1974–75) Construction of Housing).
†Included in amounts of $53,000,000 and $310,000,000 are supplementary transfers of $8,000,000 and $28,000,000 respectively, made under section 13..