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Press, 20 December 1986, Page 58

Public Notices ______ § i 111 l I CHRISTCHURCH CITY COUNCIL | AUDITED ANNUAL FINANCIAL STATEMENT J FOR THE YEAR ENDED 31 MARCH 1986 5 The Annual Financial Statement of Christchurch City Council for the year ended 31 March 1986 > has been audited and together with the audit report thereon and the summary of general | statistics and other related information is available for public inspection during ordinary office ■ hours at the Civic Offices, 163 Tuam Street, Christchurch. | | Any elector may obtain a full copy of the document which will be posted or delivered free upon I request. The following financial information is an extract from the full Audited Financial Statement adopted by the Christchurch City Council at the meeting on 15 December 1986. J. H. Gray GENERAL MANAGER & TOWN CLERK RATES FINANCED ACTIVITIES i Operating Statement of Activities I Activity Net Cost Of Operation Estimated Net Cost | I $ $ I ) Administration 2,188,549 2,062,495 ■i Treasury 541,507 . 730,450 I j Civil Defence 92,228 92,228 | Museum 0 17 817 I i Streets & Bridges 10,898,325 9 994’100 Waterworks 4,787,566 5’406200 ■ Refuse 2,451,662 2’417500 i Works and Traffic 2,888,155 2849’780 { Town Planning 633,776 ’685800 ■ Parks & Recreation 7,153,797 6 935 500 ? : Forestry 166,107 ’314 730 = ! ybrary 4,645,837 2 2,\ 263 | ■ Art Gallery 629,860 aqq jnn > ; Town Hall 610,921 603 169 > • Public Relations & Cultural 165 868 isoiin i Health & Civic Pride 788,633 I Community Services 584,186 fiiqßni j Housing Administration 185,544 finnfin i Employment Promotion 122,374 I ; Stock i 15,362 39,566,310 38,960,093 | Statement of Corporate Income Funds Generated Actual Estimate g $ $ Rates 30,365,368 30,175,721 Petrol tax 905,049 945,000 Interest 2,853,857 1,650,000 < Transfers from M.E.D. 3,455,848 2,360,100 Transfer from Independently Financed Housing 60,000 60,000 ■ 37,640,122 35,190,821 <■ OTHER INDEPENDENTLY FINANCED ACTIVITIES Operating Statement of Activities | Activity Net Cost Of Operations Estimated Net Cost |

$ $ g Halswell Quarry & Wigram 92,734 5,000 | Plant & Machinery Operating 360,991 ! Dog Control 45,403 63,834 I Rental Housing -80,061 139,233 I | Car Parking -594,119 455,100 | | -175,052 1,241,193 | MUNICIPAL ELECTRICITY DEPARTMENT m Sales of Electricity 87,242,817 89,605,692 | T Less Cost of Bulk Power 65,367,553 66,773,548 | ’ 21,875,264 22,832,144 Less Net Cost of Operations 13,483,882 14,257,286 i | Surplus on Operations 8,391,382 8,574,858 : ! Plus Revenue from Interest 3,795,748 2,000,000 ? Plus Revenue from Loan Finance 0 70,000 • 12,187,130 10,644,858 | Less Capital Expenditure 9,537,171 12,854,550 | -J Less Transfer to Rates activities 3,455,848 2,360,100 Net Change in Funds -805,889 -4,569,792 '' CHRISTCHURCH INTERNATIONAL AIRPORT Revenue Received 8,458,197 7,762,000 | Less Cost of Operations 5,454,131 4,458,550 | Surplus on Operations 3,004,066 3,303,450 m Plus Finance from Special Funds 673,152 1,129,500 | 3,677,218 4,432,950 < | Less transfers to Special Funds 990,431 1,212,950 Capital Expenditure 2,397,709 5,553,500 fi Net Change in Funds 289,078 -2,333,500 | CONSOLIDATED CASH RESOURCES STATEMENT Q . Si Balance Net Change Balance T 1/4/85 in Funds 31/3/86 | $ $ $ -X Rateable Accounts 4,308,332 -1,956,188 2,352,144 | Other Independently Financed A/c 3,802,243 -579,016 3,223,227 w Miscellaneous Separate A/c 1,988,948 518,439 2,507 387 ' g M.E.D. 17,948,069 -805,889 17,142,180 •' , Airport 6,628,571 289,078 6,917,649 0 ’ i 34,676,163 -2,533,576 32,142,587 | § Reserve Funds 11,900,436 2,127,993 14,028,429 ? Trust Funds 386,169 65,471 451,640 '■ Loan Funds 631,056 -139,818 491,238 | 47,593,824 -479,930 47,113,894 | I PUBLIC DEBT 3 Gross Public Debt 40,760,520 -59,033 40,701,487 Sinking Fund 2,351,018 184,529 2,535,547 ‘ Net Public Debt 38,409,502 -243,562 38,165,940 r g — feg S R. A. Lineham DEPUTY GENERAL MANAGER S AND CITY TREASURER g REPORT OF THE AUDIT OFFICE I | The above financial information is extracted from the Financial Statement Audited by this J ’ office. The financial information presented fairly summarises the Audited Financial Statement. B. F. Kearney DIRECTOR |