New Zealand Gazette – 1957 – No. 42

Page 1095

✨ Financial Statements



30 MAY

THE NEW ZEALAND GAZETTE

RESERVE BANK OF NEW ZEALAND

SUMMARY OF TRADING BANKS’ MONTHLY RETURNS OF ASSETS AND LIABILITIES AS AT CLOSE OF BUSINESS ON WEDNESDAY,
24 APRIL 1957
(In accordance with section 46 of the Reserve Bank of New Zealand Act 1933)
(All Amounts in New Zealand Currency)

Australia and National Commercial
Bank of New Zealand Bank of Bank of
New Zealand Bank South Wales New Zealand
Limited Limited
LIABILITIES £ £ £
(a) Demand liabilities in New Zealand 103,239,423 57,828,264 34,600,394
(b) Time liabilities in New Zealand 10,699,513 8,650,359 6,405,238
(c) Demand liabilities elsewhere than in New Zealand
incurred in respect of New Zealand business 1,950,996 1,188,725 93,429
(d) Time liabilities elsewhere than in New Zealand
incurred in respect of New Zealand business 86,091 287,878 169,726
(j) Notes of own issue in circulation payable in New Zealand
(m) New Zealand business excess of assets over liabilities 6,343,685
Totals 122,319,708 67,955,226 41,268,787

ASSETS

| (e) Reserve balances held in the Reserve Bank of New Zealand | 21,769,340 | 12,540,025 | 8,327,595 | 10,834,759 | 3,607,674 |
| (f) Overseas assets in respect of New Zealand business— | | | | | |
| (1) In London | 10,912,154 | 9,156,155 | 3,478,158 | 3,832,342 | 1,412,958 |
| (2) Elsewhere than in London | 6,169,797 | 514,200 | 35,947 | 727,406 | 4,952 |
| (g) (1) Gold and gold bullion held in New Zealand | | | | | |
| (2) Subsidiary coin held in New Zealand | 487,343 | 206,230 | 120,753 | 289,946 | 84,099 |
| (h) Aggregate advances in New Zealand | *59,829,050 | 34,239,005 | 23,226,362 | 30,626,825 | 11,066,473 |
| (h) Aggregate discounts in New Zealand | 993,468 | 2,271,555 | 1,156,602 | 654,939 | 714,544 |
| (i) Reserve Bank of New Zealand notes | 5,881,026 | 1,427,186 | 955,518 | 1,814,693 | 493,513 |
| (k) Securities held in New Zealand— | | | | | |
| (1) Government | 6,866,271 | 1,547,783 | 317,667 | 2,103,196 | 544,188 |
| (2) Other than Government | 6,363,141 | 3,042,642 | 178,000 | 2,285,000 | 423,288 |
| (l) Value of land, buildings, furniture, fittings, and equipment held in New Zealand | 3,048,118 | 694,008 | 846,609 | 1,203,037 | 798,566 |
| (m) New Zealand business excess of liabilities over assets | | 2,316,437 | 2,625,576 | 1,882,027 | 905,781 |
| Totals | 122,319,708 | 67,955,226 | 41,268,787 | 56,254,170 | 20,056,036 |

  • Includes transfers to Long-term Mortgage Department, £321,128.
    (h h) Aggregate unexercised overdraft authorities, £100,113,990.
    Wellington, N.Z., 17 May 1957.

R. N. FLEMING, Chief Cashier.

BANK RETURNS (SUPPLEMENTARY)

STATEMENT OF THE AMOUNT OF LIABILITIES AND ASSETS OF THE LONG-TERM MORTGAGE DEPARTMENT OF THE BANK OF
NEW ZEALAND AS AT 24 APRIL 1957

Liabilities £ Assets £
Capital 703,125 Loans 1,774,253
Debentures and debenture stock 750,000 Transfers to Bank
Transfers from Bank 321,128 Other assets
Other liabilities
£1,774,253 £1,774,253

17 May 1957.

R. N. FLEMING, Chief Cashier.

RESERVE BANK OF NEW ZEALAND

STATEMENT OF ASSETS AND LIABILITIES OF THE RESERVE BANK OF NEW ZEALAND AS AT THE CLOSE OF BUSINESS ON
WEDNESDAY, 8 MAY 1957

Liabilities £ s. d. Assets £ s. d.
2. General Reserve Fund 1,500,000 0 0 8. Reserve—
3. Bank notes 73,859,749 10 0 (a) Gold 6,162,144 16 10
4. Demand liabilities— (b) Sterling exchange 41,413,411 5 5
(a) State— (c) Gold exchange
(i) Government marketing accounts 970,548 17 6 (d) Other exchange 472,168 14 8
(ii) Other 7,311,066 8 4 9. Subsidiary coin 622,217 18 1
(b) Banks 56,690,802 0 8 10. Discounts—
(c) Other— (a) Commercial and agricultural bills
(i) Marketing organisations 440,773 18 6 (b) Treasury and local body bills
(ii) Other demand liabilities 2,060,828 9 8 11. Advances—
5. Time deposits (a) To the State or State undertakings—
6. Liabilities in currencies other than New Zealand currency 66,940 7 2 (i) Government marketing accounts 299,427 18 6
7. Other liabilities 10,272,569 0 1 (ii) For other purposes 22,212,071 3 8
£153,173,278 11 11 (b) To other public authorities
(c) Other—
(i) Marketing organisations 33,986,657 8 11
(ii) Other advances 3,764,062 8 11
12. Investments—
(a) Sterling 32,735,974 9 3
(b) Other 10,387,187 0 5
13. Bank buildings
14. Other assets 1,117,955 7 3
£153,173,278 11 11

R. M. SMITH, Chief Accountant.



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✨ LLM interpretation of page content

💰 Summary of Trading Banks' Monthly Returns of Assets and Liabilities

💰 Finance & Revenue
17 May 1957
Trading banks, Assets, Liabilities, Reserve Bank of New Zealand Act 1933, Financial data
  • R. N. Fleming, Chief Cashier

💰 Bank Returns (Supplementary) - Long-Term Mortgage Department of the Bank of New Zealand

💰 Finance & Revenue
17 May 1957
Bank of New Zealand, Long-Term Mortgage Department, Assets, Liabilities, Financial statement
  • R. N. Fleming, Chief Cashier

💰 Statement of Assets and Liabilities of the Reserve Bank of New Zealand

💰 Finance & Revenue
Reserve Bank of New Zealand, Assets, Liabilities, Financial statement, Sterling exchange
  • R. M. Smith, Chief Accountant