New Zealand Gazette – 1978 – No. 44

Page 1508

✨ Financial Summary

1508
THE NEW ZEALAND GAZETTE
No. 44

LOANS REDEMPTION

YEAR ENDED 31 MARCH 1977	RECEIPTS	YEAR ENDED 31 MARCH 1978
$		$
891,322,681	Securities issued in conversion of maturing loans	1,389,132,200
227,700,000	Securities issued for the purpose of redeeming loans	258,365,327
1,119,022,681		1,647,497,527
57,161,690	Statutory contribution from Consolidated Revenue Account for the redemption of debt	63,104,698
2,000,000*	Temporary transfer to National Roads Fund repaid
589,065,000	Registered Treasury bills issued	565,350,000
33,763	Miscellaneous receipts—	82,984
76,654	British Phosphate Commissioners	101,895,302
102,838,310	Christmas Island Phosphate Commission	3,000,000
17,555,527	Consolidated Revenue Account	21,218,445
394,475	Development Finance Corporation of New Zealand	663,134
66,057,216	Electric Supply	277,500
204,075	Harbour Boards	87,681,434
11,728,950	Land Settlement	3,765,202
199,735	Offshore Mining Company Limited	916,667
10,548,025	Natural Gas Corporation of New Zealand	14,105,257
184,420	New Zealand Steel Limited	185,806
780,977	Railways	11,547,684
2,232,721	Tasman Pulp and Paper Co. Ltd.	711,949
35,620	Vote Defence—Military equipment credit arrangements	176,017
80,000	Vote Health—Capital equipment credit arrangement	1,207,733
408,725	Vote Mines—Capital equipment credit arrangement	649,598
4,121,523	Vote State Services Commission—Capital equipment credit arrangements
2,232,721	Vote Transport (Airport Development)—Capital equipment credit arrangement
35,620	Ltd.
218,034,200	Tourist Hotel Corporation of New Zealand	241,553
	Profit on sale of restituted gold from IMF	1,681,517
	Disposal of New Zealand Steel Limited shares	1,633,200
	Miscellaneous	26,662
56,467,818	Excess of payments over receipts	251,667,644
$2,041,751,389		$2,527,619,869
11,941,917	Balances at beginning of year—	22,035,625
220,814,119	Cash	154,252,593
	Investments (nominal value, $155,420,649)
232,756,036	Excess of receipts over payments	176,288,218
$232,756,036	Total	62,506,764
		$238,794,982

*Temporary transfer made under section 40, Public Revenues Act 1953.

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VUW Te Waharoa — NZ Gazette 1978, No 44

NZLII — NZ Gazette 1978, No 44

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💰 Summary of Receipts and Payments of the Public Account for the Year Ended 31 March 1978 (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Summary, Public Account, Receipts, Payments, Taxation, Interest, Trading Profits, Departmental Receipts, Education, Social Services, Housing Corporation, Internal Affairs, Maori Affairs, Social Welfare, Health, Transport, Communications, Works and Development, Loans Redemption Account, National Development Loans Account, Reserve Fund, Armed Services, Reserve Bank Indemnity

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