966 THE NEW ZEALAND GAZETTE No. 42

name, address, and description of the firm, and an address for
service within 3 miles of the office of the High Court at
Christchurch, and must be signed by the person or firm, or his or
their solicitor (if any), and must be served, or, if posted, must be
sent by post in sufficient time to reach the above-named petitioner’s
address for service not later than 4 o’clock in the afternoon of the
12th day of April 1983.

1228

In the High Court of New Zealand
Christchurch Registry
M. No. 137/83

IN THE MATTER of the Companies Act 1955, and IN THE MATTER
of SHANGRI-LA RESTAURANT LIMITED, a duly incorporated com-
pany having its registered office at Christchurch and carrying on
business as restaurateurs.

NOTICE is hereby given that a petition for the winding up of the
above-named company by the High Court was, on the 23rd day of
March 1983, presented to the said Court by NAM YEE of Christ-
church, restaurateur and ON GLOON YEE, his wife; and the said
petition is directed to be heard before the Court sitting at Christ-
church on the 27th day of April 1983 at 10 o’clock in the forenoon;
and any creditor or contributory of the said company desirous to
support or oppose the making of an order on the said petition may
appear at the time of hearing in person or by his counsel for that
purpose; and a copy of the petition will be furnished by the under-
signed to any creditor or contributory of the said company requir-
ing a copy on payment of the regulated charge for the same.

W. J. IRVING, Solicitor for Petitioners.

This notice was filed by William John Irving, solicitor for the
petitioner. The petitioner’s address for service is at the offices of
Messrs Harold Smith & Dallison, Solicitors, 776 Colombo Street,
Christchurch.

NOTE—Any person who intends to appear on the hearing of the
said petition must serve on, or send by post to, the above-named,
notice in writing of his intention to do so. The notice must state
the name, address, and description of the person, or if a firm, the
name, address, and description of the firm, and an address for service
within 3 miles of the office of the High Court at Christchurch,
and must be signed by the person or firm, or his or their solicitor
(if any), and must be served, or, if posted, must be sent by post in
sufficient time to reach the above-named petitioner’s address for
service not later than 4 o’clock in the afternoon of the 26th day of
April 1983.

1284 1c

NEW ZEALAND WOOL BOARD

PURSUANT to regulation 15 of the Wool Industry Regulations 1978,
notice is hereby given that the Adjusted Weighted Average Sale
Price for the sale held on the 25th day of March at Wellington was
274.77 cents per kilogram (greasy basis).

As this price is below the Government’s supplementary
minimum wool price of 320 cents per kilogram (greasy basis) the
specified percentage for supplementation will be 16.5 percent for
all wool sold at auction and nationally for privately sold wool from
and including the 25th day of March 1983, until midnight on the
day before the next auction sale to be held.

Dated this 28th day of March 1983.

A. J. N. ARTHUR, Levies Administration Manager.

1198

NEW ZEALAND WOOL BOARD

PURSUANT to regulation 15 of the Wool Industry Regulations 1978,
notice is hereby given that the Adjusted Weighted Average Sale
Price for the sale held on the 24th March at Invercargill was 279.49
cents per kilogram (greasy basis).

As this price is below the Government’s supplementary
minimum wool price of 320 cents per kilogram (greasy basis) the
specified percentage for supplementation will be 16.2 percent for
all wool sold at auction and nationally for privately sold wool from
and including the 24th day of March 1983, until midnight on the
day before the next auction sale to be held.

Dated this 28th day of March 1983.

A. J. N. ARTHUR, Levies Administration Manager.

1199

THE COMMERCIAL BANK SAVINGS BANK (N.Z.)
LIMITED

PROFIT AND LOSS ACCOUNT FOR THE 15 MONTHS ENDED 30
SEPTEMBER 1982

Expressed in New Zealand Currency NZ$(000)

1982 1981
Interest to depositors 7,354,233 5,203,161
Management and operating expenses 2,740,000 1,602,000
Provision for income tax 667,023 511,105
Net profit 840,084 622,685
11,601,340 7,938,951
Transfer to general reserve 2,484,801 300,000
Balance carried forward $2,484,801 $1,944,717

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 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 September 1982:

Book Value Market Value
$36,622,672 $36,748,266

Income from— 1982 1981
New Zealand Government stock
treasury bills and local authority
securities 5,039,762 3,516,591
Other investments 6,561,578 4,421,960
Other sources — 400
11,601,340 7,938,951

Balance brought forward from previous
year 1,644,717 1,322,032
Net Profit as above 840,084 622,685
$2,484,801 $1,944,717

3. The Commercial Bank Savings Bank (N.Z.) Limited is a
   wholly owned subsidiary of the Commercial Bank of Australia
   Limited. The ultimate holding company is Westpac Banking
   Corporation (formerly the Bank of New South Wales). Both the
   holding company and ultimate holding company are incorporated
   in Australia.

During the financial period the Commercial Bank of Australia
Limited merged with the Bank of New South Wales and
consequently the balance date of the company has been amended
from 30 June to 30 September.

Accompanying statement of profit and loss has been prepared for
the 15 month period to 30 September 1982. Comparative figures
are for the twelve month period to 30 June 1981.

THE COMMERCIAL BANK SAVINGS BANK (N.Z.)
LIMITED

BALANCE SHEET AS AT 30 SEPTEMBER 1982

Expressed in New Zealand Currency NZ$(000)

Authorised capital— 1982 1981
250,000 ordinary shares at $2 each 500,000 500,000

Issued and fully paid up capital—
250,000 ordinary shares at $2 each 500,000 500,000

Revenue Reserves—
General reserve 1,500,000 1,500,000
Profit and loss account 2,484,801 1,644,717
3,984,801 3,144,717