New Zealand Gazette – 1973 – No. 82

Page 1705

✨ Government Contracts and Financial Reports



6 SEPTEMBER THE NEW ZEALAND GAZETTE 1705

Ministry of Works—Schedule of Civil Engineering, Building, and Housing Contracts of $20,000 or More in Value

Name of Works Successful Tenderer Amount of Tender Accepted $
Civil Engineering—
S.H. 2 and 35: Opotiki area: resealing 20.45 miles Emoleum N.Z. Ltd. 71,682.65
Building—
Ruakura Agriculture Research Centre: dairy laboratory Foster Construction Ltd. 311,276.00
Temporary offices, DSIR Grasslands Division, Gore Archer Building Contractors Ltd. 47,875.00
Birkdale College: S68 type single storey arts and craft block Good Bros. Construction Ltd. 120,025.00
Housing—
Contract No. 15/529: two single units at Palmerston North A. B. Thomson 29,079.00
Contract No. 26/115: two single units at Ashburton R. J. Freeman 24,860.00
Contract No. 36/423: three single units at Napier R. F. Matthews Construction and Development Ltd. 36,837.00
Contract No. 62/60: three single units at Gore J. MacGregor 43,652.25

N. C. McLEOD, Commissioner of Works.

RESERVE BANK OF NEW ZEALAND

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31 MARCH 1973

1973 $ 1972 $
General charges including salaries, rent, cost of note issue, overseas debt charges, and other expenses 7,911,124 4,729,363
Balance of profit for year 7,904,657 15,466,212
$15,815,781 $20,195,575
1973 $ 1972 $
Balance of profit after making provision for rebate on bills not yet due and for sundry liabilities and contingencies 15,815,781 20,195,575
$15,815,781 $20,195,575

PROFIT AND LOSS APPROPRIATION ACCOUNT

1973 $ 1972 $
Payment to New Zealand Government in terms of section 40 of Reserve Bank of New Zealand Act 1964 15,466,212 9,757,338
Balance at end of year 7,904,657 15,466,212
$23,370,869 $25,223,550
1973 $ 1972 $
Balance at beginning of year 15,466,212 9,757,338
Balance from Profit and Loss Account 7,904,657 15,466,212
$23,370,869 $25,223,550

BALANCE SHEET AS AT 31 MARCH 1973

1973 $ 1972 $
Notes in circulation 239,604,388 220,537,132
Demand deposits—
(a) State 138,407,632 130,568,665
(b) Banks 65,500,477 56,605,683
(c) Marketing accounts 18,346,270 1,491,918
(d) Other 28,429,844 27,594,900
250,684,223 216,261,166
Term deposits 219,480,502
Liabilities in currencies other than New Zealand currency—
Demand 295,285 412,511
Other liabilities 17,387,867 2,095,046
Allocation of special drawing rights by I.M.F. 61,966,071 61,966,071
Capital accounts—
(a) General Reserve Fund 3,000,000 3,000,000
(b) Other reserves 21,250,471 21,056,369
24,250,471 24,056,369
Profit and Loss Appropriation Account 7,904,657 15,466,212
Contingent liabilities—
1. In respect of an investment of 250,000 £Stg 1 shares in the Commonwealth Development Finance Co. Ltd. of which 50p per share is uncalled (New Zealand equivalent $232,737.50).
2. In respect of a guarantee of a foreign currency loan, the outstanding balance of which amounts to the equivalent of $NZ2,335,891.81. The New Zealand Government has indemnified the Bank in respect of this guarantee.
$821,573,464 $540,794,507
1973 $ 1972 $
Gold 705,013 704,814
Overseas assets—
(a) Current accounts and short-term bills 297,143,371 150,055,250
(b) Investments 167,242,441 118,623,945
(c) Holdings of special drawing rights 52,062,031 47,451,136
516,447,843 316,130,331
New Zealand coin 4,441,548 4,164,225
Discounts 3,600,000
Advances—
(a) To the State 304,460 443,407
(b) To marketing accounts 239,139,810 164,420,045
(c) Export credits 8,909,334 9,264,211
(d) other 6,585,280
254,938,884 174,127,663
Investments in New Zealand—
(a) New Zealand Government securities 249,394 9,794,820
(b) Other 1,335,000 438,750
1,584,394 10,233,570
Other assets 43,455,782 31,833,904
NOTE—Holdings of assets denominated in other than New Zealand currency have been converted at the rates ruling at 31 March 1973.
$821,573,464 $540,794,507

A. R. LOW, Governor.
R. W. R. WHITE, Deputy Governor.
M. R. HUTTON, Chief Accountant.

REPORT OF THE AUDITORS TO THE RESERVE BANK OF NEW ZEALAND

We have audited the accounts of the Reserve Bank of New Zealand for the year ended 31 March 1973 and have obtained all the information and explanations we have required.

In our opinion the above balance sheet and profit and loss account are properly drawn up so as to give respectively a true and fair view of the state of affairs of the Bank as at 31 March 1973 and of its results for the year then ended.

B. W. MCDONALD
A. F. HARRIS
} Chartered Accountants.

Wellington, New Zealand, 29 June 1973.



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✨ LLM interpretation of page content

🏗️ Ministry of Works Contracts Over $20,000

🏗️ Infrastructure & Public Works
Civil Engineering, Building, Housing, Contracts, Tenders
  • A. B. Thomson, Successful tenderer for housing contract
  • R. J. Freeman, Successful tenderer for housing contract
  • R. F. Matthews, Successful tenderer for housing contract
  • J. MacGregor, Successful tenderer for housing contract

  • N. C. McLeod, Commissioner of Works

💰 Reserve Bank of New Zealand Profit and Loss Account

💰 Finance & Revenue
Profit and Loss, Financial Report, Banking

💰 Reserve Bank of New Zealand Profit and Loss Appropriation Account

💰 Finance & Revenue
Profit and Loss Appropriation, Financial Report, Banking

💰 Reserve Bank of New Zealand Balance Sheet

💰 Finance & Revenue
Balance Sheet, Financial Report, Banking
  • A. R. Low, Governor
  • R. W. R. White, Deputy Governor
  • M. R. Hutton, Chief Accountant

💰 Report of the Auditors to the Reserve Bank of New Zealand

💰 Finance & Revenue
29 June 1973
Audit Report, Financial Report, Banking
  • B. W. McDonald, Chartered Accountant
  • A. F. Harris, Chartered Accountant