Financial Tables




NEW ZEALAND GAZETTE

No. 36

  1. 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 monies received by way of interest. Interest received on Public Account investments and on other loans is also disclosed in the table:

| | 1987
| | $(000) | $(000)
| On capital liability— | |
| Air New Zealand Ltd. | 105 | 140
| Development Finance Corporation of New Zealand Ltd. | ... | 193
| Energy: Electricity | 1,203 | 266,855
| Energy: Geothermal | ... | ...
| Energy: Mines | 305 | 53,891
| Housing | 106,000 | 92,828
| Housing Corporation of New Zealand | 205,657 | 234,245
| Lands and Survey | 9,518 | ...
| New Zealand Railways Corporation | 1,153 | 1,490
| Post Office | ... | 113,073
| Revolving funds— | |
| Government Computing Service Fund | 1,101 | (1,433)
| Government Printing Office Fund | 3,282 | ...
| Ministry of Works (Vogel computing services) | 656 | ...
| Rural Banking and Finance Corporation of New Zealand | 216,021 | 229,218
| | 545,001 | 993,366

| On other public money— |
| New Zealand's investment in— |
| Winstone-Pulp Industries Ltd. | 232 | 372

| Investments made in respect of the— |
| Consolidated Account | 4,578 | ...
| Trust Account | 701 | 322
| Loans Account | 90,931 | 32,446
| Loans Redemption Account | 94,361 | 37,926
| | 190,571 | 70,694

| On advances to— |
| Petroleum Corporation of New Zealand Ltd. | ... | 2,668
| Loans and advances to hospitals, local authorities, etc. | 1,367 | 219
| Loans to local authorities for harbour projects (IBRD loans) | 50 | 75
| | 1,417 | 2,962

| Interim payments received from State Owned Enterprises— |
| Electrocorp of New Zealand | 221,000 | ...
| Land Corporation Ltd. | 9,450 | ...
| New Zealand Forestry Corporation Ltd. | 20,000 | ...
| Telecom Corporation of New Zealand Ltd. | 165,000 | ...
| | $1,152,671 | $1,067,394

  1. Dividends

The following amounts were received by way of dividends during the nine months:

| Air New Zealand Ltd. | 37,000 | 37,000
| Bank of New Zealand | 40,910 | 14,000
| Broadcasting Corporation of New Zealand, Science Fund | 8,475 | 1,000
| Department of Scientific and Industrial Research | 3,300 | 3,300
| Development Finance Corporation of New Zealand Ltd. | ... | ...
| Energy: Electricity | 42,000 | ...
| Fletcher Challenge Ltd. | ... | 1
| Government Computing Service Fund | 2,525 | ...
| New Zealand Post Ltd. | 9,280 | ...
| Tourist Hotel Corporation | ... | 262
| | $143,491 | $55,563

  1. Profits

The following profits were received during the nine months:

| Housing Corporation of New Zealand | 10,166 | 10,000
| Reserve Bank of New Zealand | 32,588 | ...
| | $42,754 | $10,000



Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa PDF NZ Gazette 1988, No 36


NZLII PDF NZ Gazette 1988, No 36





✨ LLM interpretation of page content

💰 Interest on Capital Liabilities and Investments (continued from previous page)

💰 Finance & Revenue
Interest, Capital Liabilities, Investments, Public Account, Government Agencies

💰 Dividends Received

💰 Finance & Revenue
Dividends, Government Agencies, Financial Returns

💰 Profits Received

💰 Finance & Revenue
Profits, Government Agencies, Financial Returns