2756

THE NEW ZEALAND GAZETTE

No. 84

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED
30 JUNE 1978
(Expressed in New Zealand Currency)

NOTES TO THE ACCOUNTS
Statement of Accounting Policies

1. (a) Amortisation of Public Securities—Book values of New Zealand Government and local authority securities which were purchased at a discount or a premium, are being amortised annually so as to attain their redemption values by maturity date.

(b) Profits and losses on Realisation of Public Securities—The difference between the book value and proceeds on realisation of New Zealand Government and local authority securities is taken to Profit and Loss Account in equal annual instalments over a period of 5 years commencing with the year in which they arise.

2. Investments—The New Zealand Government and local authority securities are all redeemable at par at fixed dates. Whilst in the ordinary course of business some realisation of the Bank's investment in these securities may take place at prices below book values, it is the opinion of the Directors that existing reserves are sufficient to cover any losses that are likely to arise on sales undertaken in the normal course of business.

As at 30 June 1978

THE NEW ZEALAND GAZETTE

The New Zealand Gazette is published on Thursday evening of each week, and notices for insertion must be received by the Government Printer before 12 o'clock of the day preceding publication.

Advertisements are charged at the rate of 20c per line.

All advertisements should be written on one side of the paper, and signatures, etc., should be written in a legible hand. The number of insertions required must be written across the face of the advertisement.

GENERAL PUBLICATIONS

ABEL TASMAN NATIONAL PARK
Handbooks for visitors
Third edition 1976. 4 booklets in plastic wallet.
$4

Attractively produced in four separate volumes these little handbooks fit into a plastic wallet which will give protection against wear and weather.

These introductory booklets are designed to introduce visitors to various aspects of the park and to stimulate awareness of preservation, protection, and regeneration of the park for future generations.

The four booklets are—

1. The Land—113 p. with locality map, describes geology and coastline.
2. Life—38 p. Includes vegetation and fauna.
3. Man—27 p. History and settlement.
4. Recreation—29 p. with folding map. Includes tracks and walking trips giving times and routes.

ABOUT NEW ZEALAND
TOURIST AND PUBLICITY DEPARTMENT
47 p. 1978. $1.50
A colourfully illustrated booklet covering brief accounts on the history, land, government, and the people of New Zealand.

ADMINISTRATION IN NEW ZEALAND'S MULTI-RACIAL SOCIETY
Edited by R. H. Brookes and I. H. Kawharu
138 p. $2
Race is a word which nowadays arouses strong feelings. In New Zealand there is little opposition in principle to the Government's policy of integration, but its success depends on the skill with which it is implemented.
Series No. 13. (New Zealand Institute of Public Administration.)

ATOLL
By Grahame Keen
47 p. 1976. 80c
This secondary school bulletin describes the communal life of the islanders of Fakaofo, and illuminates the difficulties, loneliness, and hardships these people face when emigrating to New Zealand. (Department of Education.)

BETWEEN GOVERNMENTS AND BANKS
By Dr Hawke
244 p. $7.50
The Reserve Bank of New Zealand was established in 1933-34 but today's institution bears little resemblance to the one that was originally constructed by the 1933 legislation. The author, with a combination of historical and economic skill, covers the story and makes an assessment of the Bank's performance to date. A valuable contribution to New Zealand's historical record.

CONTENTS

Price 70c BY AUTHORITY: E. C. KEATING, GOVERNMENT PRINTER, WELLINGTON, NEW ZEALAND—1978