Public Account Financing




27 FEBRUARY

NEW ZEALAND GAZETTE

769

ACCOUNT

PAYMENTS Note Nine Months Ended 31 December 1988 $(000) Nine Months Ended 31 December 1987 $(000)
Permanent appropriations ... 12 265,158 152,678
Annual appropriations (For details refer Expenditure Statement on page 773) ... 7,491,952 274,600
Capital equipment purchased under credit arrangements ... ... 20,230
Other Securities issued ... 17,747 104,335
Surplus at end of nine months ... ... 2,358,607
$7,774,857 $2,910,450
Deficit at end of nine months ... 4,847,628 ...
Temporary transfer from Trust Account repaid ... 13 1,700,000 ...
Closing balance, 31 December 1988 ... (6,492,722) 2,367,028
$54,906 $2,367,028

ACCOUNT

$(000) $(000)
Loans repaid—
In New Zealand ... 18 1,553,271
Overseas—
General repayments and other purposes ... 2,519,970
Sovereign Notes ... 3,789,644
7,862,885
Reserve Bank Notes redeemed ... 420,100
Treasury bills redeemed ... 6,880,765
7,300,865
Charges and expenses of raising and repaying loans—
General ... 57,390
Flexible financing facilities rollover expenses ... ...
Premium on redemption, Inflation-adjusted savings bonds ... 124,091
Premiums on overseas loans ... 7,160
188,641
Surplus at end of nine months ... 3,865,961
$19,218,352
Deficit at end of nine months ... ...
Closing balance, 31 December 1988 ... 4,028,392
$4,028,392

should be read in conjunction with the accounts.



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

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