Financial Summary




15 MAY
THE NEW ZEALAND GAZETTE
1475
ACCOUNT

PAYMENTS

Year Ended
31 March 1979
$(000)

Year Ended 31 March 1980
$(000)

Permanent appropriations—
Encashment of securities—Asian Development Bank



790
630

Encashment of securities—I.B.R.D.



45
100

Subscription to Asian Development Bank



912
913

Subscription to I.B.R.D.



53
49

Charges and expenses of raising loans—
New issues



6,630
6,788

Total, Permanent Appropriations



8,430
8,480

Annual appropriations—
Development of Industry—
Fuel and Power—
Energy—
Electricity (Programme IV)



275,525
135,167

Geothermal (Programme III)




4,700

Mines (Programme II)



21,276
20,474

296,801
160,341

Social Services—
Other Social Services—
Housing Corporation (Programmes III and V)



34,211
48,000

Transport and Communications—
Transport—
Railways




63,000
31,486

Communications—
Post Office




6,000
2,000

Miscellaneous Investment and Financing Transactions—
Miscellaneous Investment Transactions—
Capital Participation—
New Zealand Export-Import Corporation



185
197

Petroleum Corporation of New Zealand Ltd.



12,109
36,492

Shipping Corporation of New Zealand Ltd.



4,639

Tasman Pulp & Paper Co. Ltd.



3,251

Tourist Hotel Corporation of New Zealand



1,775
2,574

21,959
39,263

Miscellaneous Financing Transactions—
Housing Corporation (Programme IV)



185,272
173,500

Rural Banking and Finance Corporation (Programme III)



182,705
208,000

367,977
381,500

Total, Annual Appropriations



789,948
662,590

Advance subscriptions from previous year allocated



17,330

Capital equipment purchased under credit arrangements—
Defence




232

Energy: Electricity




27,038
26,198

Foreign Affairs




3,106
567

Health




2,922
2,198

Railways




11,817
20,185

State Services Commission





2,383

Transport





1,461

45,115
52,992

Transfer to Consolidated Account




730,000
678,000

Transfer to Loans Redemption Account





230,000

Security in favour of Asian Development Bank




1,360
1,362

Security in favour of I.B.R.D.




482
441

Security in favour of International Monetary Fund




36,447
6,709

Excess of receipts over payments





13,794

$1,629,112
$1,654,368

Excess of payments over receipts




121,645

Balances at end of year—
Cash




35,385
8,862

Investments




19,972
60,289*

55,357
69,151

Total




$177,002
$69,151

*Nominal value $69,067,488.



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💰 Summary of the Receipts and Payments of the Public Account for the Year Ended 31 March 1980 (continued from previous page)

💰 Finance & Revenue
Public Account, Receipts, Payments, Financial Summary, Year Ended 31 March 1980