✨ Financial Statistics
24 JUNE THE NEW ZEALAND GAZETTE 2663
- 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.
1986 1985
$(000) $(000)
On capital liability—
Air New Zealand Ltd. 560 150
Development Finance Corporation of New Zealand 192 339
Energy: Electricity 359,712 252,219
Energy: Mines 55,791 27,738
Energy: Oil and gas 48,517 25,000
Housing Corporation of New Zealand 118,023 38,893
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 3,080 4,850
Post Office 104,973 69,409
Revolving funds—
Computer Services Division 9,621 4,421
Government Printing Office 2,321 681
Rural Banking and Finance Corporation of New Zealand 302,480 193,950
Tourist Hotel Corporation of New Zealand 3,140 -
1,335,906 908,806
On other public money—
New Zealand’s investment in—
Winstone-Samsung Industries Ltd. 1,537 1,225
Investments made in respect of the—
Trust Account 352 334
Loans Account 3,892 14,222
Loans Redemption Account 57,933 47,244
Public Account Cash Balance Investment Account 5,038 10,664
On advances to—
New Zealand Steel Ltd. 4,029 1,010
New Zealand Steel Development Ltd. 7,900 -
Petroleum Corporation of New Zealand Ltd. 28,431 -
Loans and advances to hospitals, local authorities, etc. 1,546 999
Loans to local authorities for harbour projects (IBRD loans) 169 227
110,827 75,925
$1,446,733 $984,731
- Dividends
The following amounts were received by way of dividends during the 2 years:
1986 1985
$(000) $(000)
Air New Zealand Ltd. 85,000 18,000
Bank of New Zealand 16,000 13,000
Development Finance Corporation of New Zealand 2,700 2,700
Fletcher Challenge Ltd. 1 1
Government Printing Office 564 -
Petroleum Corporation of New Zealand Ltd. - 14,000
Post Office 76,988 62,000
Tourist Hotel Corporation of New Zealand 158 -
Winstone-Samsung Industries Ltd. - 3,931
$181,411 $113,632
- Profits
The following profits were received during the 2 years:
1986 1985
$(000) $(000)
Housing Corporation of New Zealand 9,759 10,210
Reserve Bank of New Zealand 199,821 45,146
Rural Banking and Finance Corporation of New Zealand 5,498 6,414
$215,078 $61,770
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VUW Te Waharoa —
NZ Gazette 1986, No 95
NZLII —
NZ Gazette 1986, No 95
✨ LLM interpretation of page content
💰
Other Indirect Taxation Details for 1985-86 and 1984-85
(continued from previous page)
💰 Finance & RevenueInterest on Capital Liabilities, Investments, Government Agencies, Public Account, Loans, Dividends, Profits
💰 Interest on Capital Liabilities and Investments
💰 Finance & RevenuePublic Finance Act 1977, Capital Liabilities, Interest Rates, Government Agencies, Public Account, Investments, Loans
💰 Dividends Received by Government
💰 Finance & RevenueDividends, Government Revenue, Financial Years, Corporate Investments
💰 Profits Received by Government
💰 Finance & RevenueProfits, Government Revenue, Financial Years, Corporate Earnings