✨ Financial Transactions Summary
952 THE NEW ZEALAND GAZETTE No. 33
4. Interest on Capital Liabilities and Investments
Under section 99 of the Public Finance Act 1977, any money advanced from the Public Account to a government agency constitutes a capital liability of that agency upon which interest is paid at a rate or rates as determined by the Minister of Finance. This table accordingly discloses the moneys received by way of interest. Interest received on Public Account investments and on other loans is also disclosed in the table.
| 1985 | 1984 | ||
|---|---|---|---|
| $(000) | $(000) | $(000) | |
| On capital liability— | |||
| Air New Zealand Ltd. | 385 | 150 | |
| Development Finance Corporation of New Zealand | 192 | 147 | |
| Energy: Electricity | 268,375 | 186,930 | |
| Energy: Mines | 41,183 | 19,549 | |
| Housing | 87,317 | 61,321 | |
| Housing Corporation of New Zealand | 219,426 | 143,854 | |
| Lands and Survey | 9,758 | 9,379 | |
| Maori Affairs | 20,466 | 19,261 | |
| Natural Gas Corporation of New Zealand Ltd. | .. | 2,670 | |
| New Zealand Railways Corporation | 2,228 | 3,172 | |
| Post Office | 74,146 | 48,963 | |
| Revolving funds— | |||
| Computer Services Division | .. | 4,421 | |
| Government Printing Office | 2,321 | .. | |
| Rural Banking and Finance Corporation of New Zealand | 226,007 | 144,242 | |
| Tourist Hotel Corporation of New Zealand | 1,299 | .. | |
| 953,103 | 644,059 | ||
| On other public money— | |||
| New Zealand's investment in— | |||
| Winstone-Samsung Industries Ltd. | 1,024 | 1,225 | |
| Investments made in respect of the— | |||
| Trust Account | 306 | 306 | |
| Loans Account | 3,811 | 10,936 | |
| Loans Redemption Account | 38,962 | 40,065 | |
| On advances to— | |||
| New Zealand Steel Ltd. | 4,028 | 1,010 | |
| New Zealand Steel Development Ltd. | 7,900 | .. | |
| Petroleum Corporation of New Zealand Ltd. | 16,167 | .. | |
| Loans and advances to hospitals, local authorities, etc. | 523 | 522 | |
| Loans to local authorities for harbour projects (IBRD loans) | 90 | 116 | |
| 72,811 | 54,180 | ||
| $1,025,914 | $698,239 |
5. Dividends
The following amounts were received by way of dividends during the nine months:
| 1985 | 1984 | |
|---|---|---|
| Air New Zealand Ltd. | 73,000 | .. |
| Bank of New Zealand | 10,000 | 8,000 |
| Development Finance Corporation of NZ | 2,700 | 2,700 |
| Fletcher Challenge Ltd. | 1 | 1 |
| Petroleum Corporation of New Zealand Ltd. | .. | 14,000 |
| Winstone-Samsung Industries Ltd. | .. | 3,931 |
| $85,701 | $28,632 |
6. Profits
The following profits were received during the nine months:
| 1985 | 1984 | |
|---|---|---|
| Housing Corporation of New Zealand | 9,759 | .. |
| Reserve Bank of New Zealand | 79,821 | 45,146 |
| $89,580 | $45,146 |
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VUW Te Waharoa —
NZ Gazette 1986, No 30
NZLII —
NZ Gazette 1986, No 30
✨ LLM interpretation of page content
💰
Transactions in Connection with the Public Debt for the Nine Months Ended 31 December 1985
(continued from previous page)
💰 Finance & RevenuePublic Debt, Loans Raised, Loans Repaid, Financial Transactions, Currency Realignment, Government Revenue, Budget
💰 Interest on Capital Liabilities and Investments
💰 Finance & RevenueInterest, Capital Liabilities, Public Account, Investments, Loans, Government Agencies
💰 Dividends Received
💰 Finance & RevenueDividends, Air New Zealand, Bank of New Zealand, Development Finance Corporation, Fletcher Challenge, Petroleum Corporation, Winstone-Samsung Industries
💰 Profits Received
💰 Finance & RevenueProfits, Housing Corporation of New Zealand, Reserve Bank of New Zealand