✨ Financial Tables
11 MARCH
THE NEW ZEALAND GAZETTE
5. 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. | 140 | 385
Development Finance Corporation of New Zealand | 193 | 192
Energy: Electricity | 266,855 | 268,375
Energy: Mines | 53,891 | 41,183
Housing | 92,828 | 87,317
Housing Corporation of New Zealand | - | 219,426
Lands and Survey | 234,245 | 9,758
Maori Affairs | - | 20,466
New Zealand Railways Corporation | 1,490 | 2,228
Post Office | 113,073 | 74,146
Revolving funds | - | -
Government Printing Office | 1,433 | 2,321
Government Computer Services | - | 4,821
Rural Banking and Finance Corporation of New Zealand | 229,218 | 226,007
Tourist Hotel Corporation of New Zealand | - | 1,299
Total on Capital Liability | 993,366 | 957,924
On other public money—
New Zealand's investment in—
Winstone—Pulp Industries Ltd. | 372 | 1,024
Investments made in respect of the—
Trust Account | 322 | 306
Loans Account | 32,446 | 3,811
Loans Redemption Account | 37,926 | 38,962
On advances to—
New Zealand Steel Ltd. | - | 4,028
New Zealand Steel Development Ltd. | - | 7,900
Petroleum Corporation of New Zealand Ltd. | 2,668 | 16,167
Loans and advances to hospitals, local authorities, etc. | 219 | 523
Loans to local authorities for harbour projects (IBRD loans) | 75 | 90
Total on Advances and Other | 74,028 | 72,811
Total | $1,067,394 | $1,030,735
6. Dividends
The following amounts were received by way of dividends during the nine months:
| 1986 | 1985 | |
|---|---|---|
| Air New Zealand Ltd. | 37,000 | 73,000 |
| Bank of New Zealand | 14,000 | 10,000 |
| Broadcasting Corporation of N.Z. | 1,000 | - |
| Development Finance Corporation of N.Z. | 3,300 | 2,700 |
| Fletcher Challenge Ltd. | - | 1 |
| Tourist Hotel Corporation | 262 | - |
Total Dividends | $55,563 | $85,701
7. Profits
The following profits were received during the nine months:
| 1986 | 1985 | |
|---|---|---|
| Housing Corporation of New Zealand | 10,000 | 9,759 |
| Reserve Bank of New Zealand | - | 79,821 |
Total Profits | $10,000 | $89,580
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1987, No 31
NZLII —
NZ Gazette 1987, No 31
✨ LLM interpretation of page content
💰 Interest on Capital Liabilities and Investments
💰 Finance & RevenueInterest, Capital Liabilities, Investments, Public Account, Financial Statistics
💰 Dividends Received
💰 Finance & RevenueDividends, Air New Zealand, Bank of New Zealand, Broadcasting Corporation, Financial Statistics
💰 Profits Received
💰 Finance & RevenueProfits, Housing Corporation, Reserve Bank, Financial Statistics