New Zealand Gazette – 1979 – No. 44

Page 1653

✨ Financial Summary

8 MAY 1979 THE NEW ZEALAND GAZETTE 1653

.CCOUNT
.CCOUNT

YEAR ENDED	PAYMENTS	YEAR ENDED
1 MARCH 1978		31 MARCH 1979
($000)		($000)
..	Transfer to Energy Account*	..
..	Transfer to Railways Account*	..
..	Transfer to Consolidated Account*	..
	Total

Made in terms of section 114, Public Finance Act 1977.

.CCOUNT

($000)		($000)	($000)
22,942	Advance subscriptions from previous year allocated	..	17,330
277,900*	Contributions to Consolidated Account	..	..
787	Permanent appropriations—	..	..
50	Encashment of securities—Asian Development Bank	..	790
53	Encashment of securities—I.B.R.D.	..	45
	Subscription to Asian Development Bank	..	912
15,339	Subscription to I.B.R.D.	..	53
	Charges and expenses of raising loans—	..	..
16,229	New issues	..	6,630
	Total, Permanent Appropriations	..	8,430
262,200	Annual appropriations—	$000)	..
22,800	Development of Industry—
	Fuel and Power—
	Energy—
	Electricity Division (Programme III)	..	275,525
	Mines Division (Programme II)	..	21,276
63,500	Social Services—		296,801
	Other Social Services—
	Housing Corporation (Programme III)	..	34,211
31,800	Transport and Communications—
	Transport—
	Railways	..	63,000
24,000	Communications—
	Post Office	..	6,000
1,512	Miscellaneous Investment and Financing Transactions—
116,047	Miscellaneous Investment Transactions—
	Capital Participation—
	New Zealand Export-Import Corporation	..	185
	Petroleum Corporation of New Zealand Ltd.	..	12,109
	Shipping Corporation of New Zealand Ltd.	..	4,639
	Tasman Pulp & Paper Co. Ltd.	..	3,251
4,941	Tourist Hotel Corporation of New Zealand	..	1,775
	Miscellaneous Financing Transactions—		21,959
134,000	Housing Corporation (Programme IV)	..	185,272
150,000	Rural Banking and Finance Corporation (Programme III)	..	182,705
810,800	Total, Annual Appropriations	..	367,977
			789,948
35,329	Capital equipment purchased under credit arrangements—
772	Energy: Electricity Division	..	27,038
137	Energy: Mines Division	..	..
14,456	Foreign Affairs	..	3,106
377	Defence	..	232
1,037	Health	..	2,922
6,842	State Services Commission	..	..
237	Railways	..	11,817
59,187	Transport ..	..	45,115
	Transfer to Consolidated Account	..	730,000
..	Security in favour of Asian Development Bank	..	1,360
478	Security in favour of I.B.R.D.	..	482
36,525	Security in favour of International Monetary Fund	..	36,447
135,727	Excess of receipts over payments	..	$1,629,112
$1,359,788			121,645
..	Excess of payments over receipts	..	..
24,432	Balances at end of year—	..	35,385
152,570	Cash	..	19,972
	Investments (nominal value, $21,290,569)	..	..
177,002	Total	..	55,357
$177,002			$177,002

These contributions were previously recorded in the Works and Trading Account towards the cost of Land Settlement and Public Works activities. See also page 1650.

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VUW Te Waharoa — NZ Gazette 1979, No 44

NZLII — NZ Gazette 1979, No 44

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

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💰 Summary of Receipts and Payments of the Public Account for the Year Ended 31 March 1979 (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Summary, Public Account, Receipts, Payments, Year Ended

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