✨ Financial Report
8 JUNE
THE NEW ZEALAND GAZETTE
1781
ACCOUNT
| PAYMENTS | Year Ended 31 March 1983 | Year Ended 31 March 1982 | ||
|---|---|---|---|---|
| $ (000) | $ (000) | $ (000) | $ (000) | |
| Permanent appropriations— | ||||
| Encashment of securities—Asian Development Bank | 6,230 | 1,200 | ||
| Encashment of securities—I.B.R.D. | 100 | 50 | ||
| Encashment of securities—International Monetary Fund | 55,000 | |||
| Subscription to Asian Development Bank | 370 | 1,057 | ||
| Subscription to I.B.R.D. | 321 | |||
| Subscription to International Monetary Fund | 3 | |||
| Charges and expenses of raising loans— | ||||
| Discounts on tap issues... | 51,049 | 10,229 | ||
| New issues | 24,863 | 19,009 | ||
| Total, Permanent Appropriations | 82,615 | 86,866 | ||
| Annual appropriations— | ||||
| Development of Industry— | ||||
| Fuel and Power— | ||||
| Energy (Part Vote) | 252,842 | 168,697* | ||
| Social Services— | ||||
| Other Social Services— | ||||
| Housing Corporation (Programmes III and V) | 28,400 | 29,300 | ||
| Transport and Communications— | ||||
| Transport— | ||||
| Railways | 76,023 | |||
| Communications— | ||||
| Post Office | 54,000 | |||
| Miscellaneous Investment and Financing Transactions— | ||||
| Miscellaneous Investment Transactions— | ||||
| Capital Participation— | ||||
| Air New Zealand Ltd. | 54,200 | |||
| Bank of New Zealand | 19,250 | |||
| New Zealand Steel Development Ltd. | 24,115 | 540 | ||
| Petroleum Corporation of New Zealand Ltd. | 40,775 | 17,907 | ||
| Shipping Corporation of New Zealand | 7,000 | |||
| Tourist Hotel Corporation of New Zealand | 3,190 | 1,372 | ||
| Winstone—Samsung Industries Ltd. | 15,000 | |||
| 87,330 | 96,019 | |||
| Miscellaneous Financing Transactions— | ||||
| Housing Corporation (Programme IV) | 120,880 | 72,500 | ||
| Rural Banking and Finance Corporation (Programme III)... | 287,000 | 334,000 | ||
| Total, Annual Appropriations | 776,452 | 830,539 | ||
| Capital equipment purchased under credit arrangements— | ||||
| Defence | 37,746 | 6,062 | ||
| Energy: Electricity | 1,145 | 7,289 | ||
| Post Office | 28,868 | 1,696 | ||
| Railways | 23,514 | |||
| Transport | 2,534 | |||
| 67,759 | 41,095 | |||
| Loan receipts from previous year allocated | ||||
| Reserve Bank indemnity | 391,089† | 16 | ||
| Security in favour of Asian Development Bank | 207,761 | |||
| Security in favour of I.B.R.D. | 3,331 | 2,870 | ||
| Security in favour of International Monetary Fund | 48,554 | |||
| Transfer to Consolidated Account | 1,500,000 | 1,281,000 | ||
| Transfer to Loans Redemption Account | 2,880,000 | 1,582,000 | ||
| Excess of receipts over payments | 8,718 | |||
| $5,758,518 | $4,033,687 | |||
| Excess of payments over receipts | 9,302 | |||
| Balances at end of year— | ||||
| Cash | 3,252 | 29,282 | ||
| Investments | 64,779 | 30,031 | ||
| Total | 68,031 | 59,313 | ||
| $68,031 | $68,615 |
*Programmes II and IV only.
†As in 1981–82 the bank was reimbursed in 1982–83 by the issue of Government Stock for only the actual or realised losses. The total amount payable under section 26 of the Reserve Bank of New Zealand Act 1964 is $48,444,548. The balance of $48,444,548 is the bank’s estimate of potential losses on forward currency purchases. Any losses actually incurred will be reimbursed as part of the bank’s claim in 1983–84.
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VUW Te Waharoa —
NZ Gazette 1983, No 78
NZLII —
NZ Gazette 1983, No 78
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Consolidated Payments for the Year Ended 31 March 1983
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💰 Finance & RevenueFinancial Report, Departmental Payments, Special Payments, Total Payments, Government Finance