Loans Account Summary




27 MAY
THE NEW ZEALAND GAZETTE
1551

LOANS ACCOUNT

YEAR ENDED 31 MARCH 1976 PAYMENTS YEAR ENDED 31 MARCH 1977
$ $
2,128,065 Contributions to Consolidated Revenue Account— 5,640,974
208,500,000 Capital equipment credit arrangements 205,500,000
29,500,000 Contributions to Works and Trading Account— 10,500,000
115,000,000 Electric Supply 214,500,000
49,500,000 Land Settlement 46,000,000
10,500,000 Public Works 13,500,000
413,000,000 Railways 490,000,000
State Coal Mines
31,003,795 Capital equipment credit arrangements— 43,768,265
974,841 Electric Supply 15,389,669
26,115,983 State Coal Mines
58,094,619 Railways 59,157,934
471,094,619 549,157,934
Calls on shares in Shipping Corporation of New Zealand Ltd. 3,500,000
Acquisition of shares in New Zealand Steel Ltd. 1,497,382
4,000,000 Acquisition of shares in Air New Zealand 6,000,000
1,000,000 Acquisition of shares in Development Finance Corporation 274,779
14,142,221 Advances to Development Finance Corporation 1,791,092
5,947,458 Advances to Natural Gas Corporation of New Zealand 8,000,000
16,900,000 Advances to Broadcasting Corporation of New Zealand
1,680,000 Advances to New Zealand Export Import Corporation 5,175,000
2,000,000 Advances to New Zealand National Airways Corporation 75,552,416
80,688,035 Advances to Offshore Mining Company Ltd. 27,000,000
53,000,000 Advances to Post Office
2,010,733 Advances to Shipping Corporation of New Zealand Ltd.
139,000 Advances to Linen Flax Corporation
110,000,000 Advances to Housing Corporation of New Zealand— 61,500,000
200,000,000 Housing Development 118,500,000
Housing Lending 180,000,000
93,000,000 Advances to Rural Banking and Finance Corporation of New Zealand 90,000,000
3,235,332 Advances to Tourist Hotel Corporation 4,798,946
40,000 Encashment of securities IBRD 50,000
2,486,702 Security in favour of Asian Development Bank 1,400,402
650,000 Encashment of securities Asian Development Bank 490,000
10,682,121 Security in favour of International Monetary Fund 1,890,402
Charges and expenses of raising loans— 113,775,523
7,618,290 New issues 6,827,540
55,000,000 Transfer to Consolidated Revenue Account
$1,137,442,576 $1,080,931,988
7,639,560 Excess of payments over receipts 12,391,683
28,235,566 Balances at end of year— 22,651,304
25,431,299 Cash 18,623,878
53,666,865 Investments 41,275,182
$61,306,425 Total $53,666,865


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💰 Summary of Loans Redemption for the Year Ended 31 March 1977 (continued from previous page)

💰 Finance & Revenue
Loans, Redemption, Financial Summary, Receipts, Payments, National Development