New Zealand Gazette – 1983 – No. 202

Page 4188

✨ Banking Statistics and Merger Notices

4188
THE NEW ZEALAND GAZETTE
No. 202

SUMMARY OF TRADING BANKS' MONTHLY RETURNS OF PRINCIPAL LIABILITIES AND ASSETS IN RESPECT OF NEW ZEALAND BUSINESS AS AT CLOSE OF BUSINESS ON 26 OCTOBER 1983

In accordance with subsection (4) of Section 31 of the Reserve Bank of New Zealand Act 1964
(All amounts in New Zealand Currency)

LIABILITIES*
(N.Z.$ thousands)

	Australia and New Zealand Banking Group Limited	Bank of New Zealand	The National Bank of New Zealand Limited	Westpac Banking Corporation	TOTALS
1. Demand deposits in New Zealand	$ 535,254	$ 931,050	$ 377,087	$ 505,249	$ 2,348,640
2. (a) Time deposits in New Zealand	1,164,114	2,011,754	988,639	1,061,722	5,226,229
(b) Compensatory deposits	19,161	35,447	14,457	17,974	87,039
3. Liabilities elsewhere than in New Zealand incurred in respect of New Zealand business	61,900	71,894	132,240	81,165	347,199
4. Bills payable and all other liabilities in New Zealand, including balances due to other banks but excluding shareholders' funds	20,691	63,174	29,239	19,056	132,160

ASSETS**
(N.Z.$ thousands)

	Australia and New Zealand Banking Group Limited	Bank of New Zealand	The National Bank of New Zealand Limited	Westpac Banking Corporation	TOTALS
1. Balances at Reserve Bank of New Zealand—
(a) Demand deposits	5	3	5	2	15
(b) Time deposits	1,099	2,918	1,663	1,796	7,476
2. Reserve Bank of New Zealand notes	15,873	29,337	14,802	12,022	72,034
3. New Zealand coin	148,873	144,499	174,113	161,135	628,620
4. Assets elsewhere than in New Zealand held in respect of New Zealand business	663,435	1,404,585	531,204	597,976	3,197,200
5. Advances in New Zealand and discounts of bills payable in New Zealand (excluding advances and discounts included under item 6)—	60,450	67,334	67,959	45,039	240,782
(a) Advances	646,100	989,830	424,913	550,207	2,611,050
(b) Discounts
6. Term loans in New Zealand	78,765	56,401	49,944	28,399	213,509
7. Investments held in New Zealand—	307,041	634,856	277,883	330,751	1,550,531
(i) Treasury Bills	77,933	109,636	33,674	12,631	233,874
(ii) Government Stock
(b) Other Investments (including TCDs and Local Body Stock)	345	40,797	26,142	4,879	72,163
8. Cheques and bills drawn on other banks in New Zealand and balances with and due from other banks in New Zealand (excluding balances with Reserve Bank of New Zealand)	16,120	85,908	68,068	44,930	215,026
9. Book value of land, buildings, furniture, fittings, and equipment in New Zealand	2,022	-	27	9,964	12,013
10. All other assets in New Zealand

Aggregate of Unexercised Overdraft Authorities and Term Loan Authorities in New Zealand $3,061,284.

*Excluding shareholders' funds, contingencies, inter-branch accounts within New Zealand, and certain transit items.

**Excluding inter-branch accounts within New Zealand, contingencies, and certain transit items.

Wellington, N.Z., 22 November 1983.

PETER NICHOLL, Chief Economist, Reserve Bank of New Zealand.

Notice by Examiner of Commercial Practices of Consents to Merger and Takeover Proposals

PURSUANT to section 69 of the Commerce Act 1975, notice is hereby given that the Examiner of Commercial Practices has consented to the following merger and takeover proposals.

Person by or on behalf of whom notice was given in terms of section 68 (1) of the Commerce Act 1975

Proposal

Date of Consent

The Hawkes Bay Farmers’ Meat Co. Ltd.

The Hawkes Bay Farmers’ Meat Co. Ltd., may acquire up to a 51 percent voting capital shareholding in Hawkes Bay Transport Holdings Ltd. The consent is subject to the condition that all transactions between the companies be conducted on a non-preferential commercial basis

23 November 1983

N.Z. Lumber Co. Ltd.

The N.Z. Lumber Co. Ltd., may acquire all of the share capital in Allen Smith Carriers Ltd.

18 November 1983

Brierley Investments Ltd.

Brierley Investments Ltd., may acquire all of the issued share capital of Hawkes Bay Farmers’ Co-operative Association Ltd. This consent is subject to the condition that Cooks New Zealand Wine Co. Ltd., will be operated independently of and on a non-preferential basis with other Brierley Investments Ltd., liquor interests

23 November 1983

Dated at Wellington this 28th day of November 1983.

R. ORAM, for Examiner of Commercial Practices.

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VUW Te Waharoa — NZ Gazette 1983, No 202

NZLII — NZ Gazette 1983, No 202

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

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💰 Summary of Trading Banks' Monthly Returns

Domain💰 Finance & Revenue
Dated22 November 1983
KeywordsBanking, Liabilities, Assets, Statistics, Reserve Bank
👩‍💼 Officials

PETER NICHOLL, Chief Economist, Reserve Bank of New Zealand

🏭 Consents to Merger and Takeover Proposals

Domain🏭 Trade, Customs & Industry
Dated28 November 1983
KeywordsMerger, Takeover, Commerce Act, Consent, Business Acquisition
👩‍💼 Officials

R. ORAM, for Examiner of Commercial Practices

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