Financial Report Summary




356
THE NEW ZEALAND GAZETTE
No. 11

SUMMARY OF BALANCES

At 31 DEC 1977 ACCOUNT At 31 DEC 1978
$(000) $(000)
Dr. 401,913 CONSOLIDATED ACCOUNT Dr. 1,386,852
25,247* WORKS AND TRADING ACCOUNT 640,036
108,642 LOANS ACCOUNT 291,615
131,184 LOANS REDEMPTION ACCOUNT 28,866
27,270 NATIONAL ROADS FUND 189,007
104,696 RESERVE ACCOUNT 455,515†
172,240 SUSPENSE ACCOUNT 60,534
49,995 TRUST ACCOUNT
$217,361 Total $278,721

*This amount represents the part of the balance of the Works and Trading Account attributable to the activities of Electric Supply, Railways and State Coal Mines.
†Cash received but not yet allocated.
‡Includes proceeds of sale of Treasury bills amounting to $237,090,000 lodged to Public Account by the Reserve Bank of New Zealand during December.

COMPOSITION OF BALANCES

At 31 DEC 1977 At 31 DEC 1978
$(000) $(000)
Dr. 389,086 CASH Dr. 108,705
350,834 IMPRESTS 211,048
9,977 INVESTMENTS—
245,636 IN NEW ZEALAND 14,789
OVERSEAS 161,589
$217,361 Total $278,721

N. V. LOUGH,
Secretary to the Treasury.
24 January 1979.

R. G. DE JARDINE,
Director (Finance), Treasury
24 January 1979.

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 9 months ended 31 December 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 9 months.

A. C. SHAILES,
Controller and Auditor-General.
5 February 1979.

BY AUTHORITY: E. C. KEATING, GOVERNMENT PRINTER, WELLINGTON, NEW ZEALAND—1979
Price 30c
19592A—78G


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🚂 National Roads Financial Report for Nine Months Ended 31 December 1977 and 1978 (continued from previous page)

🚂 Transport & Communications
National Roads, Financial Report, Receipts, Payments, Motor Spirits Duty, Road User Charges, Taxation, Fees, Consolidated Account, Reserve, Trust, Investments
  • N. V. Lough, Secretary to the Treasury
  • R. G. De Jardine, Director (Finance), Treasury
  • A. C. Shailes, Controller and Auditor-General