New Zealand Gazette – 1988 – No. 146

Page 2279

✨ Financial Statements

NEW ZEALAND GAZETTE

No. 146

11. Loans Raised:

The following are details of loans raised during the three months:

| | 1988
$(000) | 1987
$(000) |
| --- | --- | --- |
| In New Zealand | | |
| Kiwi Bonds— | | |
| 11.75 percent various | 2,792 | 4,556 |
| 12 percent various | ... | 13 |
| 12.5 percent various | ... | 3 |
| 13 percent various | ... | 8 |
| 14 percent various | ... | 36 |
| 14.25 percent various | ... | 5 |
| | 7,410 | 26,908 |
| Non-Discountable securities | ... | 509,000 |
| Special Issues | 105,500 | ... |
| Tender Stock—
10 percent 15 November 1993 | 910,020 | 845,785 |
| | 1,022,930 | 1,381,693 |

| Overseas | | |
| Capital equipment credit arrangements | ... | 6,868 |
| | $1,022,930 | $1,388,561 |

12. Loan Receipts Unallocated

With reference to the Statement of Accounting Policies, receipts for loan moneys paid into the Public Account are cleared from the Suspense Account and credited to the item loan receipts unallocated. This clears the Suspense Account of moneys which are identifiable as loan moneys but for which no final accounting documentation was received in Treasury at the end of the quarter.

13. Permanent Appropriations, Loans Account

The following are details of payments made by way of permanent appropriation from the Loans Account:

| | 1988
$(000) | 1987
$(000) |
| --- | --- | --- |
| Subscription to IMF | ... | 7 |
| Encashment of securities—ADB | 1,900 | 900 |
| Charges and expenses of raising loans—
In New Zealand—
Discounts on tender stock | 101,046 | 55,438 |
| | 102,946 | 56,345 |

14. Loans Account

Temporary transfer from Trust Account repaid 1988 in terms of Section 46(1) of the Public Finance Act 1977. This temporary transfer was made on 31 March 1988 and in terms of the Act the money was transferred back to the Trust Account.

15. Loans raised overseas for the purpose of repaying loans

These are as follows:

| Maturity
Year Ending
31 March | 1988
$(000) | 1987
$(000) |
| --- | --- | --- |
| 1989 | 265,221 | 8,749 |
| 1990 | ... | 779,503 |
| 1994 | 539,094 | 59,994 |
| 1996 | ... | 265,222 |
| 2005 | ... | 321,960 |
| | 1,643,824 | 1,128,640 |

16. Money Received for Repayment of Loans and Advances

Details are as follows:

Capital Equipment Credit Arrangements—

| | 1988
$(000) | 1987
$(000) |
| --- | --- | --- |
| Energy: Mines | ... | 7,278 |
| New Zealand Railways Corporation | 1,481 | 1,823 |
| Vote Defence | 5,382 | 5,570 |
| Vote Transport (Airport Development) | 7 | ... |
| | 6,870 | 14,671 |

Other Loans and Advances—

| | 1988
$(000) | 1987
$(000) |
| --- | --- | --- |
| Coal Corporation of New Zealand Ltd | ... | 5,528 |
| Energy: Electricity | ... | 2,515,213 |
| Energy: Mines | ... | 68,372 |
| Lands and Survey—Land Settlement | 255,444 | ... |
| Land Corporation Ltd. | 6,608 | ... |
| | 2,851,165 | 2,589,113 |

| | $2,858,035 | $14,671 |

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VUW Te Waharoa — NZ Gazette 1988, No 146

NZLII — NZ Gazette 1988, No 146

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

💰 Loans Raised Details

Domain💰 Finance & Revenue
KeywordsLoans, Kiwi Bonds, Non-Discountable securities, Special Issues, Tender Stock, Capital equipment credit arrangements

💰 Loan Receipts Unallocated

Domain💰 Finance & Revenue
KeywordsLoan moneys, Suspense Account, Public Account

💰 Permanent Appropriations, Loans Account

Domain💰 Finance & Revenue
KeywordsIMF subscription, Encashment of securities, ADB, Charges and expenses of raising loans

💰 Loans Account Temporary Transfer

Domain💰 Finance & Revenue
KeywordsTrust Account, Public Finance Act 1977

💰 Loans Raised Overseas for Repayment

Domain💰 Finance & Revenue
KeywordsLoan repayment, Maturity year

💰 Money Received for Repayment of Loans and Advances

Domain💰 Finance & Revenue
KeywordsCapital Equipment Credit Arrangements, Energy, New Zealand Railways Corporation, Vote Defence, Vote Transport, Coal Corporation of New Zealand Ltd, Energy: Electricity, Energy: Mines, Lands and Survey—Land Settlement, Land Corporation Ltd

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