New Zealand Gazette – 1985 – No. 96

Page 2301

✨ Public Account Financing Summary

24 MAY
THE NEW ZEALAND GAZETTE
2301

SECTION

TABLE 2—SUMMARY OF
PUBLIC ACCOUNT FINANCING

		Year Ended 31 March 1985		Year Ended 31 March 1984
		$(000)	$(000)	$(000)
NEW BORROWING
Loans Account
Borrowing in New Zealand and Overseas . . . .	. .	8,257,590		7,087,273
Less purchases through capital equipment credit arrangements⁴ . .	. .	(70,032)		(116,562)
Less charges and expenses of raising loans	. .	(403,338)		(108,656)
Less loan receipts from previous year allocated in 1983–84	. .			(211)
			7,784,220	6,861,844

Loans Redemption Account
Borrowing in New Zealand and Overseas	. .	7,211,305		2,424,280
Plus charges and expenses of raising loans, etc.⁵	. .	45,989		(32,378)
			7,257,294	2,391,902
Net cash proceeds from new borrowing . .	. .		15,041,514	9,253,746

REPAYMENTS
Loans Redemption Account
Repayments in New Zealand and Overseas	. .		11,713,537	(6,003,982)
Net cash flow from borrowing	. .		3,327,977	3,249,764

Less changes in balances of—
Cash at bank	. .	21,085		2,179
Investments	. .	523,400		146,899
			544,485	149,078
			$2,783,492	$3,100,686

Footnotes:
⁴The value of capital equipment credit arrangements deducted is the value of capital actually imported not the value of loans raised.
⁵Charges and expenses of raising loans in the Loans Redemption Account comprise:


Premium on Redemption, inflation adjusted savings bonds	. .	25,538
Plus Flexible financing facilities rollover expenses . . . . . . . .	. .	3,475
Less Discount on Government stock purchased from the Reserve Bank of New Zealand	. .	(75,002)
		($45,989)

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VUW Te Waharoa — NZ Gazette 1985, No 96

NZLII — NZ Gazette 1985, No 96

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✨ LLM interpretation of page content

💰 Summary of Public Account Financing (continued from previous page)

Domain💰 Finance & Revenue
KeywordsPublic Account, Borrowing, Loans, Redemption, Repayments, Cash Flow, Investments

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