Page 31 Advertisements Column 1

Press, 26 February 1980, Page 31

: . f r Public Notices ’ .-IN BANKRUPTCY SEX DAVIDSON, unemployed 'earthmoving contractor of '252 Barbadoes Street, Christtcliurch, formerly of 80 River- ? Tea Road, Hamilton, was adjudged bankrupt on Februarv 25 1980. Date of first meeting Of creditor will be advertisced later. ;’ IVAN A. HANSEN, Official Assignee. CHRISTCHURCH.

i PLACE YOUR SATURDAY CLASSIFIED ADVERTISEMENTS ■' EARLY /. PHONE 792-440 or lodge it at • Gloucester Street (opp. New Regent Street) • Main Office, Cathedral Square NOW •: Thousands of people enjoy the ■ benefits of "The Press" Saturday , : Classifieds. Please ensure your 7 advertisement is lodged early — > ■ don’t delay, do it now. THE PRESS

CHRISTCHURCH CITY COUNCIL 'audited annual statement and summary of general . STATISTICS FOR YEAR ENDED.MARCH 31, 1979 .THE AUDITED ANNUAL STATEMENT of the Christchurch City Council for the year ended March 31, 1979 (as detailed below), and a summary of ’General Statistics, are open for inspection during office hours (8.30 a.m. to '■4.30 p.m.) at the Council Offices, 194 Manchester Street. ,: REPORT OF THE AUDIT OFFICE The Audit Office, having been appointed in terms of Section 25, Public .Finance Act 1977, has audited the accounts of the Christchurch City Council. The audit was conducted in accordance With generally accepted auditing standards and practices comprising such auditing procedures' considered necessary in terms of Section 25, Public Finance Act 1977, and included: — A review of accounting procedures and controls. ■ — Examination and tests of accounting records and other supporting information. All the information and explanations required have been obtained. In the opinion of the Audit Office, the attached financial statements fairly reflect, in accordance with applicable accounting principles, the financial position as at March 31, 1979, and the results of the. financial operations ,Or ' heyear ' 1?. J. BURNS, February 15, 1980. For Controller and Auditor-General. Considered and finally settled at a Meeting, of the Christchurch City Council on Mondav, February 18, 1980. . H. G. HAY, Mayor. CHRISTCHURCH CITY COUNCIL STATEMENT OF PAYMENTS AND RELATED SOURCES OF FUNDS . APPLIED FOR THE YEAR ENDED MARCH 31, 1979 During the year (the previous year’s expenditure shown in the first column) the Council expended funds as follows: ~ Estimate . Actual 31/3/78 31/3/79 31/3/79 GENERAL ACTIVITIES 58,158,641.32 Administration and Central ' $8,395,860 $10,497,006.69 Services S 5 195 877 47 Roadins- $/,/84,450 $/,334,523..l 1 Drainage and Sanitation $1,580,250 $1,567,042.93 82 662 741 64 Water Supplv 52,0/4,000 $3,342,020.42 ' $6,656’,382’. 15 Recreational'and Cultural . $6,645,043 $8,944,140.17 $4,886,780.90 Housing and Property $3,091,/2/ $3 5/9,849.17 $97,776 95 Pest Eradication $117,964 $119,4/5./$74,887.71 Cemeteries and Crematoria $85,890 $91,141.48 ; $797,884.60. Parking .g>679 $106,436.03 Forestry ’ 4 20,630 $130,830.46 $2 664 934 72 Miscellaneous Separate $3,578,2/./ 83,5/8,2/3.04 • -$1,310,’147.76 .Stock . 8390 479 59 ’ 829 K 812 8 9 Oiiarrv .$320,480. $320,479.52 $1053 653.58 Plant and Machinery $1,355,957 $1,355,957.43 $6 847’112/78- -Paid to Local Authorities $8,194,154 $8,073,725.09 TRADING ACTIVITIES . ’• 81 306 813 09 Capital Expenditure—Airport $2,175,700 $1,492,124.95 $2,’631,937.83 Capital Expenditure-M.E.D. $5,427,000 $3,546,204.14 $46086~88497 TOTAL FUNDS EXPENDED $54,352,632 $56,232,900.09 DURING YEAR . This expenditure was financed by— REVENUE . $17,944,884.43 Rates s22 ®So 54 $987 16 9 59 Petroleum Tax. $9/5,000 $973,04/.04 ’ GOVERNMENT SUBSIDIES AND$3 729 256.53 GRANTS $3,176,300 $3,695,806.23 ’ TRADING ACTIVITIES $1,946,673.05 (Cash Surplus)—Airport s’Sr’ Rn’fß $6 391 051 19 • (Cash Surplus)—M.E.D. $4,604,180 $4,6-6,813.68 ' ’ LOANS, SPECIAL FUNDS AND TRUST FUNDS— S 3 376 171 IB- Lojn money applied during the 55 , 268 , 35(1 . 5 i 83.3/6,1,1.19 4™t ia , f „„ dsappllcddurtns $2,877 513.25 the year $2,1/4,4/8 $3,08a,264.24 ’Trust funds applied during : ■ ... $204,780.88 . the year $l9,pQO $9-,048.9/ $50,043,126.79 Total funds, applied during $51,930,174 $57,133,547.89 the vear Less* increase in general funds calculated as follows: . Balances April 1, 1978 . 56,3/_4,4/8.17 Less Balances March 31, $/,2/5.L)2.97 $3,956,281.12' 1979 ‘ $2,422,458 8900,647.80 ' $46,086,845.67 EXPENDITURE AS ABOVE $54,352,632 $56,232,900.09 In addition, the Council held other funds as follows at March 31,1979 ’ $970,905.16 Loans. Funds $9 557071 95 $8,870,224.98 Special Funds • $214,466.99 Trust and bequest Funds a33-,a/9.d0 $10,055,597.13 . ; • ... $10,983,/02.26 STATEMENT OF MONEY OWING AT. MARCH 31, 1979 - The Council was owed in respect of unpaid rates and other S 6 g 7122712 The CouncTowed for supply of’materials and services Public debt was ■ <— ■ NOTE ON ACCOUNTING POLICY Tho~o financial statements have been prepared on the basis that revenue is recused when monby Ts received by the Council, and that expenditure 7 is brought to : charge when payment is made for goods and services rendered to the Council. ' ' F. M. SOWDEN, j July 9 1979. Deputy General Manager and City Treasurer. ■» . " j. H. GRAY, General Manager and Town Clerk.