New Zealand Gazette – 1962 – No. 1

Page 13

✨ Financial Statements



11 JANUARY
THE NEW ZEALAND GAZETTE
13

RESERVE BANK OF NEW ZEALAND

SUMMARY OF TRADING BANKS MONTHLY RETURNS OF ASSETS AND LIABILITIES AS AT CLOSE OF BUSINESS ON WEDNESDAY, 29 NOVEMBER 1961

(In accordance with section 46 of the Reserve Bank of New Zealand Act 1933)

(All Amounts in New Zealand Currency)

LIABILITIES

Australia and New Zealand Bank Limited Bank of New South Wales Bank of New Zealand Commercial Bank of Australia Limited National Bank of New Zealand Limited Totals
(a) Demand liabilities in New Zealand £ 56,006,432 £ 34,808,781 £ 103,189,302 £ 19,377,060 £ 48,847,373 £ 262,228,948
(b) Time liabilities in New Zealand 15,266,924 11,474,244 31,798,070 3,411,357 12,039,298 73,989,893
(c) Demand liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 590,688 78,660 1,169,603 244,407 4,533,476 6,616,834
(d) Time liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 200,257 101,946 75,324 25,470 261,035 664,032
(j) Notes of own issue in circulation payable in New Zealand .. .. 8,833,379 .. 109,532 8,942,911
(m) New Zealand business excess of assets over liabilities .. .. .. .. .. ..
Totals 72,064,301 46,463,631 145,065,678 23,058,294 65,790,714 352,442,618

ASSETS

Australia and New Zealand Bank Limited Bank of New South Wales Bank of New Zealand Commercial Bank of Australia Limited National Bank of New Zealand Limited Totals
(e) Reserve balances held in the Reserve Bank of New Zealand £ 14,938,705 £ 10,186,339 £ 18,055,571 £ 7,129,132 £ 12,318,927 £ 62,628,674
(f) Overseas assets in respect of New Zealand business—
(1) In London 2,591,375 5,704,251 3,019,040 519,635 3,760,335 15,594,636
(2) Elsewhere than in London 1,124,284 27,188 3,998,305 13,000 747,246 5,910,023
(g) (1) Gold and gold bullion held in New Zealand 301,212 168,793 703,489 118,757 363,660 1,655,911
(2) Subsidiary coin held in New Zealand .. .. .. .. .. ..
(h) (1) Aggregate advances in New Zealand 41,285,060 26,321,437 *84,482,962 12,011,702 38,807,388 202,908,549
(2) Aggregate discounts in New Zealand 1,802,561 707,999 1,524,217 623,979 823,366 5,482,122
(i) Reserve Bank of New Zealand notes 2,115,017 1,113,121 15,581,944 541,244 2,673,542 22,024,868
(k) Securities held in New Zealand—
(1) Government 1,549,133 321,492 6,932,405 562,962 2,130,977 11,496,969
(2) Other than Government 2,975,223 178,000 5,945,598 399,914 2,285,000 11,783,735
(l) Value of land, buildings, furniture, fittings, and equipment held in New Zealand 1,295,614 1,060,771 4,822,147 895,099 1,880,273 9,953,904
(m) New Zealand business excess of liabilities over assets 2,086,117 674,240 .. 242,870 .. 3,003,227
Totals 72,064,301 46,463,631 145,065,678 23,058,294 65,790,714 352,442,618

*Includes transfers to Long-term Mortgage Department, £165,279.

(h h) Aggregate unexercised overdraft authorities: £124,123,943.

Wellington, N.Z., 21 December 1961.

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 29 NOVEMBER 1961

Liabilities £ Assets £
Capital 703,125 Loans 1,618,404
Debenture and debenture stock 750,000 Transfers to bank ..
Transfers from bank 165,279 Other assets ..
Other liabilities .. ..
£1,618,404 £1,618,404

21 December 1961.

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, 20 DECEMBER 1961

Liabilities £ s. d. Assets £ s. d.
2. General Reserve Fund 1,500,000 0 0 8. Reserve—
3. Bank notes 98,814,243 0 0 (a) Gold 242,331 19 4
4. Demand liabilities— (b) Sterling exchange 18,752,907 12 7
(a) State— (c) Gold exchange 351,683 7 9
(i) Government marketing accounts 762,753 1 5 (d) Other exchange 274,475 6 7
(ii) Other 16,821,302 4 7 9. Subsidiary coin
(b) Banks 63,715,229 3 10 10. Discounts—
(c) Other (a) Commercial and agricultural bills
(i) Marketing organisations 2,298,790 13 5 (b) Treasury and local body bills
(ii) Other demand liabilities 1,930,188 7 10 11. Advances—
5. Time deposits (a) To the State or State undertakings—
6. Liabilities in currencies other than New Zealand currency 246,167 15 9 (i) Government marketing accounts 30,756,946 4 10
7. Other liabilities 8,792,705 3 10 (ii) For other purposes
(b) To other public authorities
(c) Other—
(i) Marketing organisations 37,647,432 11 5
(ii) Other advances 9,365,000 0 0
12. Investments—
(a) Sterling 18,441,612 14 10
(b) Other 77,605,488 17 9
13. Bank buildings
14. Other assets 1,443,500 15 7
£194,881,379 10 8 £194,881,379 10 8

R. M. SMITH, Chief Accountant.



Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa — PDF NZ Gazette 1962, No 1


NZLII — PDF NZ Gazette 1962, No 1




✨ LLM interpretation of page content

💰 Summary of Trading Banks Monthly Returns

💰 Finance & Revenue
21 December 1961
Trading banks, Assets, Liabilities, Monthly returns, Reserve Bank of New Zealand
  • R. N. Fleming, Chief Cashier

💰 Bank of New Zealand Long-Term Mortgage Department Statement

💰 Finance & Revenue
21 December 1961
Bank of New Zealand, Long-Term Mortgage Department, Liabilities, Assets, Statement
  • R. N. Fleming, Chief Cashier

💰 Reserve Bank of New Zealand Statement of Assets and Liabilities

💰 Finance & Revenue
20 December 1961
Reserve Bank of New Zealand, Assets, Liabilities, Statement, Financial
  • R. M. Smith, Chief Accountant