New Zealand Gazette – 1978 – No. 72

Page 2354

✨ Public Account Financial Summary

2354
THE NEW ZEALAND GAZETTE
No. 72

SUMMARY OF BALANCES

AT 30 JUNE 1977	ACCOUNT	AT 30 JUNE 1978
$000		$000
Dr. 150,708	CONSOLIDATED ACCOUNT	Dr. 414,675
25,979*	WORKS AND TRADING ACCOUNT	273,885
77,458	LOANS ACCOUNT	116,660
Dr. 2,602	LOANS REDEMPTION ACCOUNT	5,311
102,543	NATIONAL ROADS FUND	187,308
184,729	RESERVE ACCOUNT	195,132
61,661	SUSPENSE ACCOUNT†	82,180
$566,495	TRUST ACCOUNT	$445,801

*This amount represents the part of the balance of the Works and Trading Account (which was abolished by section 114 of the Public Finance Act 1977) attributable to the activities of Electric Supply, Railways and State Coal Mines. Those activities are now funded from accounts outside the Public Account. The remainder of the balance, attributable to Land Settlement and Public Works, forms part of the Consolidated Account balance of $150,708,000 dr.

†Cash received but not yet allocated.

COMPOSITION OF BALANCES

AT 30 JUNE 1977		AT 30 JUNE 1978
$000		$000
12,070	CASH ..	Dr. 73,330
268,942	IMPRESTS	225,550
9,977	INVESTMENTS—	14,789
275,506	IN NEW ZEALAND	278,792
	OVERSEAS
$566,495	Total ..	$445,801

N. V. LOUGH,
Secretary to the Treasury.
28 July 1978.

R. G. de. JARDINE,
Director (Finance), Treasury.
28 July 1978.

REPORT OF THE AUDIT OFFICE

The Audit Office, having been appointed in terms of section 25 of the Public Finance Act 1977, has audited the foregoing summary of the receipts and payments of the Public Account for the quarter ended 30 June 1978. In terms of section 67 of that Act, the Audit Office is of the opinion that the summary properly reflects the financial transactions of the Public Account for the quarter.

A. C. SHAILES,
Controller and Auditor-General,
11 August 1978.

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VUW Te Waharoa — NZ Gazette 1978, No 72

NZLII — NZ Gazette 1978, No 72

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💰 Public Account Financial Summary (continued from previous page)

Domain💰 Finance & Revenue
KeywordsPublic Account, Financial Summary, Consolidated Account, Works and Trading Account, Loans Account, Loans Redemption Account, National Roads Fund, Reserve Account, Suspense Account, Trust Account, Cash, Imprests, Investments
👩‍💼 Officials

N. V. Lough, Secretary to the Treasury
R. G. de Jardine, Director (Finance), Treasury
A. C. Shailes, Controller and Auditor-General

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