Financial Summary and Audit Report




1658
THE NEW ZEALAND GAZETTE
No. 44

SUMMARY OF BALANCES

AT 31 MARCH 1978 ACCOUNT AT 31 MARCH 1979
$(000) $(000)
66,857 CONSOLIDATED ACCOUNT 68,010
1,713* WORKS AND TRADING ACCOUNT 55,357
177,002 LOANS ACCOUNT 152,192
238,795 LOANS REDEMPTION ACCOUNT 7,009
184,427 NATIONAL ROADS FUND 98,787
711 RESERVE ACCOUNT 207
41,309 SUSPENSE ACCOUNT† 19,752
TRUST ACCOUNT
$711,314 Total $401,314

*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.

COMPOSITION OF BALANCES

AT 31 MARCH 1978 AT 31 MARCH 1979
$(000) $(000)
80,982 CASH .. 76,622
58,027 IMPRESTS 62,186
158,577 INVESTMENTS—
IN NEW ZEALAND 5,970
413,728 OVERSEAS .. 256,536
$711,314 Total $401,314

C. H. TERRY,
Deputy Secretary to the Treasury.
10 May 1979

R. G. DE JARDINE,
Director (Finance) Treasury.
10 May 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 year ended 31 March 1979. In terms of section 67 of that Act, and subject to any comments that may be made in the reports to Parliament, B. 1 [Pt. II and III], for the year ended 31 March 1979, the Audit Office is of the opinion that the summary properly reflects the financial transactions of the Public Account for the year.

A. C. SHAILES,
Controller and Auditor-General.
24 May 1979

Price 30c
BY AUTHORITY: E. C. KEATING, GOVERNMENT PRINTER, WELLINGTON, NEW ZEALAND—1979
22713/G—79 G


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✨ LLM interpretation of page content

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

💰 Finance & Revenue
Financial Summary, Public Account, Receipts, Payments, Year Ended
  • C. H. Terry, Deputy Secretary to the Treasury
  • R. G. De Jardine, Director (Finance) Treasury

💰 Audit Office Report on Public Account Summary

💰 Finance & Revenue
24 May 1979
Audit Report, Public Account, Public Finance Act 1977
  • A. C. Shailes, Controller and Auditor-General