Public Account Financing Summary




NEW ZEALAND GAZETTE

27 FEBRUARY

SECTION

TABLE 2—SUMMARY OF PUBLIC ACCOUNT FINANCING

Nine Months Ended 31 December 1988 Nine Months Ended 31 December 1987
$(000) $(000)

NEW BORROWING

Loans Account
Borrowing in New Zealand and Overseas ... 2,888,923
Less purchases through capital equipment credit arrangements ... (262,886)
Plus premiums on issues ... 20,559

Total for Loans Account ... 2,646,596

Corresponding total for previous year ... 2,802,289
Less charges and expenses of raising loans ... (20,230)
Plus premiums on issues ... 3,826

Total net borrowing ... 2,635,515

Loans Redemption Account
Borrowing in New Zealand and Overseas ... 15,684,738
Less charges and expenses of raising loans ... (188,641)

Total for Loans Redemption Account ... 15,496,097

Corresponding total for previous year ... 14,889,168
Less charges and expenses of raising loans ... (89,066)

Total net borrowing for previous year ... 14,800,102

Net cash proceeds from new borrowing ... 18,142,693
Corresponding total for previous year ... 17,435,617

REPAYMENTS

Loans Redemption Account
Repayments in New Zealand and Overseas ... 15,163,750
Less gains on redemption of securities ... (13,762)

Net repayments ... 15,149,988

Corresponding total for previous year ... 15,611,622
Less gains on redemption of securities ... (8,806)

Net repayments for previous year ... 15,602,826

Net cash flow from borrowing ... 2,992,705
Corresponding total for previous year ... 1,832,791

CHANGES IN BALANCES OF—

Cash at bank ... 742,654
Reduction in investments ... (93,355)

Net change in cash and investments ... 649,299

Corresponding figures for previous year:
Cash at bank ... 345,589
Investments ... 2,672,727

Net change in cash and investments for previous year ... 3,018,316

Total changes in balances ... $3,642,004
Corresponding total for previous year ... $4,851,107



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💰 Summary of Public Account Financing (continued from previous page)

💰 Finance & Revenue
Public Account, Borrowing, Loans, Redemption, Cash Flow, Investments