New Zealand Gazette – 1986 – No. 26

Page 885

✨ Financial and Commercial Notices



27 FEBRUARY
THE NEW ZEALAND GAZETTE
885

SUMMARY OF TRADING BANKS’ MONTHLY RETURNS OF PRINCIPAL LIABILITIES AND ASSETS IN RESPECT
OF NEW ZEALAND BUSINESS AS AT CLOSE OF BUSINESS ON 24 DECEMBER 1985

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 (New Zealand) Limited Bank of New Zealand The National Bank of New Zealand Limited Westpac Banking Corporation TOTALS
1. Demand deposits in New Zealand $ 709,110 $ 1,299,055 $ 505,792 $ 673,276 $ 3,187,233
2. Time deposits in New Zealand 2,120,395 4,103,870 1,782,106 2,260,642 10,267,013
3. Liabilities elsewhere than in New Zealand incurred in respect of New Zealand business 282,808 78,001 74,053 337,857 772,719
4. Bills payable and all other liabilities in New Zealand, including balances due to other banks but excluding shareholders’ funds 15,558 23,600 17,478 47,113 103,749

ASSETS
(N.Z.$ thousands)

Australia and New Zealand Banking Group (New Zealand) 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 2 83,727 5,622 3 89,354
(b) Time deposits - - - - -
2. Reserve Bank of New Zealand notes 22,658 34,998 8,653 8,908 75,217
3. New Zealand coin 2,205 4,370 1,938 1,743 10,256
4. Assets elsewhere than in New Zealand held in respect of New Zealand business 318,535 170,258 128,618 332,913 950,324
5. Advances in New Zealand and discounts of bills payable in New Zealand (excluding advances and discounts included under item 6)—
(a) Advances 925,690 1,949,000 787,144 701,646 4,363,480
(b) Discounts 97,046 93,691 134,769 107,066 432,572
6. Term loans in New Zealand 878,252 1,638,145 777,589 966,107 4,260,093
7. Investments held in New Zealand—
(i) Treasury Bills 439,165 589,914 275,775 574,017 1,878,871
(ii) Government Stock 580,461 1,171,038 211,768 653,580 2,616,847
(b) Other Investments 145,341 682,025 24,293 112,003 963,662
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) 90,586 56,000 30,675 - 177,261
9. Book value of land, buildings, furniture, fittings, and equipment in New Zealand 26,209 139,354 90,902 71,110 327,575
10. All other assets in New Zealand 69,194 - 33 22,878 92,105

Aggregate of Unexercised Overdraft Authorities and Term Loan Authorities in New Zealand $4,120,955.
*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., 19 February 1986.

K. G. MORRELL, Chief Manager, Financial Markets Department, Reserve Bank of New Zealand.

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

PURSUANT to section 72 (6) 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 70 (1) of the Commerce Act 1975 Proposal Date of Consent Commission Reference
Dominion Breweries Ltd. Dominion Breweries Ltd. may acquire the furniture, chattels and stock-in-trade of the Heretaunga Park Motor Inn, Hastings. 18 February 1986 600
Metropolitan Life Assurance Co. Ltd. Metropolitan Life Assurance Co. Ltd. may acquire up to 43 percent of the share capital of Eagle Technology Group Ltd. 20 February 1986 551
D. A. & B. K. Smith D. A. & B. K. Smith may acquire up to 100 percent of the total issued share capital in James Smith Ltd. 21 February 1986 584
Charter Corporation Ltd. Charter Corporation Ltd. may acquire up to 100 percent of the issued share capital in Fleur Group Ltd. 7 February 1986 543

Dated at Wellington this 25th day of February 1986.

A. J. HARDY, Executive Officer for Examiner of Commercial Practices.

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✨ LLM interpretation of page content

💰 Summary of Trading Banks' Monthly Returns

💰 Finance & Revenue
19 February 1986
Trading Banks, Liabilities, Assets, Financial Returns, Banking
  • K. G. Morrell, Chief Manager, Financial Markets Department, Reserve Bank of New Zealand

🏭 Consents to Merger and Takeover Proposals

🏭 Trade, Customs & Industry
25 February 1986
Mergers, Takeovers, Commerce Act, Business Acquisitions
  • D. A. Smith, Acquisition of James Smith Ltd.
  • B. K. Smith, Acquisition of James Smith Ltd.

  • A. J. Hardy, Executive Officer for Examiner of Commercial Practices