Loans Redemption Financial Summary




1490
THE NEW ZEALAND GAZETTE
No. 65

LOANS REDEMPTION

RECEIPTS Year Ended 31 March 1981 Year Ended 31 March 1981 Year Ended 31 March 1980
$(000) $(000) $(000)
Loans raised in conversion of maturing loans in New Zealand ... ... 279,691 303,828
Loans raised for the purpose of repaying loans—
In New Zealand—
Special issues ... ... ... ... ... ... 249,900 222,600
Overseas—
Cash loans ... ... ... ... ... ... 6,702 150,834
256,602 373,434
536,293 677,262
Statutory contribution from Consolidated Account for the redemption of debt ... ... 103,464 60,000*
Treasury bills issued ... ... ... ... ... ... ... 2,023,636 2,264,100
Transfer from Loans Account ... ... ... ... ... ... 740,000 230,000
Money received under Public Finance Act 1977, section 40 (2) (e)—
Air New Zealand Ltd. ... ... ... ... ... ... 500 ...
Asian Development Bank ... ... ... ... ... ... 140
Christmas Island Phosphate Commission ... ... ... ... 115 102
Energy: Electricity ... ... ... ... ... ... 48,250 34,513
Energy: Geothermal ... ... ... ... ... ... 300 1,093
Energy: Mines ... ... ... ... ... ... 385 205
Harbour Boards ... ... ... ... ... ... 340 366
Natural Gas Corporation of New Zealand Ltd. ... ... ... 3,765 3,765
New Zealand Export-Import Corporation ... ... ... ... ... 36
New Zealand Steel Ltd. ... ... ... ... ... ... 917
New Zealand Steel Ltd. (disposal of shares) ... ... ... 5,000 869
Offshore Mining Company Ltd. ... ... ... ... ... ... 4,572
Post Office ... ... ... ... ... ... 3,446 1,746
Profit on sale of restituted gold from I.M.F. ... ... ... ... 11,507
Railways ... ... ... ... ... ... 24,154 25,729
Tasman Pulp and Paper Co. Ltd. ... ... ... ... 2,200 2,200
Tasman Pulp and Paper Co. Ltd. (disposal of shares) ... ... ... 17,171
Tourist Hotel Corporation of New Zealand ... ... ... 1,016 ...
Vote Defence—Armed services equipment credit arrangements ... 7,503 7,964
Vote Foreign Affairs—Capital equipment credit arrangements ... 334 96
Vote Health—Capital equipment credit arrangements ... ... 921 503
Vote State Services Commission—Capital equipment credit arrangements 2,260 1,800
Vote Transport (Airport Development)—Capital equipment credit arrangement 518 354
Wellington Hospital Board ... ... ... ... ... 748 671
101,755 116,319
Money received under Public Finance Act 1977, section 40 (2) (f) ... 126 34,651
Excess of payments over receipts ... ... ... ... ... 125,273 ..
$3,630,547 $3,382,332

Balances at beginning of year—
Cash ... ... ... ... ... ... ... 39,679 ... 3,718
Investments (nominal value, $215,669,043) ... ... ... 215,471 ... 148,474

255,150 152,192
Excess of receipts over payments ... ... ... ... ... ... 102,958

Total ... ... ... ... ... ... $255,150 $255,150

*The statutory contribution was reduced by $28,195,185 pursuant to section 49 (2) of the Public Finance Act 1977.



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💰 Summary of Receipts and Payments of the Public Account for the Year Ended 31 March 1981 (continued from previous page)

💰 Finance & Revenue
Public Account, Receipts, Payments, Financial Summary, 1981