14 JULY THE NEW ZEALAND GAZETTE 2197

RESERVE BANK OF NEW ZEALAND ANNUAL ACCOUNTS

PROFIT AND LOSS ACCOUNT
For the Year Ended 31 March 1983

1983 1982
$(000) $(000)
General charges, including salaries, rent, cost
of note issue, overseas debt charges, and
other expenses 230,193 146,542
Balance of profit for year 71,356 38,704
$301,549 $185,246

Balance of profit after making provision for
sundry liabilities and contingencies 301,549 185,246
$301,549 $185,246

PROFIT AND LOSS APPROPRIATION ACCOUNT

1983 1982
$(000) $(000)
Payment to New Zealand Government in
terms of section 40 of Reserve Bank of
New Zealand Act 1964 31,204 8,232
Transfer to General Reserve 5,000 5,500
Transfer to Insurance Reserve 4,000 2,000
Transfer to Investment Reserve 13,000 —
Balance at end of year 49,356 31,204
$102,560 $46,936

Balance at beginning of year 31,204 8,232
Balance from profit and loss account 71,356 38,704
$102,560 $46,936

The above financial statements are to be read in conjunction with the notes below.

RESERVE BANK OF NEW ZEALAND ANNUAL ACCOUNTS

BALANCE SHEET
As at 31 March 1983

Overseas Liabilities— 1983 1982
Denominated in overseas currencies— $(000) $(000)
(a) Short term 512 329
(b) Long term 1,486,929 1,192,506
Denominated in New Zealand currency—
Short term 5,137 40,887
1,492,578 1,233,722
Allocation of special drawing
rights by I.M.F. 233,706 205,022
Deposits—
(a) State:
Public account 91,510 88,050
Other 954,644 312,990
(b) Marketing organisations 116,257 44,416
(c) Stabilisation accounts 59,565 51,682
(d) Trading banks 14 18
(e) Other 66,694 45,187
1,288,684 542,343
Notes in circulation 650,496 608,991
Other liabilities 142,865 190,387
Reserves—
(a) General Reserve 51,440 46,440
(b) Other Reserves 45,088 28,088
(c) Profit and loss appropriation
account 49,356 31,204
145,884 105,732
$3,954,213 $2,886,197

Overseas Assets— 1983 1982
Denominated in overseas currencies— $(000) $(000)
(a) Short term 652,804 75,517
(b) Long term 12,243 24,568
(c) Holdings of I.M.F. special
drawing rights 2,630 27,311
Denominated in New Zealand currency—
Long term 3,194 3,323
Gold (see Note 1 (e)) 699 699
671,570 131,418
Advances and discounts—
(a) State: 1,006 1,006
(b) Marketing organisations 1,008,654 671,553
(c) Stabilisation accounts 393,417 108,357
(d) Trading banks:
Compensatory deposits 929,489 622,961
Other 48,491 39,784
(e) Other 490 10,330
2,380,541 1,453,991
Investments in New Zealand—
(see note 1 (b))
(a) New Zealand Government
securities 371,824 892,331
(b) Other 27 10,388
371,851 902,719
Other assets 530,251 398,069
$3,954,213 $2,886,197

The above financial statement is to be read in conjunction with the notes below.

O. G. SCOTT, Chief Accountant. D. L. WILKS, Governor.
R. S. DEANE, Deputy Governor.