BANK OF NEW ZEALAND.

Press, Volume LXI, Issue 18413, 20 June 1925, Page 9

BANK OF NEW ZEALAND.

Abridged Balance-Sheet as at 3let March, 1925. LIABILITIES. ASSETS. Capital. £ s. d. £ a. 3. 4% Guaranteed Stock .. 529,988 10 6 Coin, Bullion, Cash Balances and Deposits with Preference "A" Shares, fully paid, issued to Bankers . 7,070,953 16 10 the New Zealand Government .. .. 500,000 0 0 Notes of Commonwealth and Fijian Govern* Preference " B " Shares, do. do. .. 1,000,000 0 0 ments and Samoan Administration and Legal Ordinary Shares, fully paid >* >« 3,000,000 0 0 5,029,988 10 6 Tender Notes of Other Banks Balances due by Other Banks Money at Call and Short Notice, Government and Other Securities, and Bills Receivable in 126,198 10 0 57,216 13 0 New Share Account r . .• *. 554,465 7 4 London and in transit 10,777,895 15 10 Reserve Fund ..• .. >, 2,325,000 0 0 Investments in Government and Municipal Notes in circulation 4,168,844 10 0 Securities in New Zealand and Australia .. 6,735,843 0 0 Deposits 30,079,282 10 10 Bills Discounted and other Advances and Balances due to Other Banks 43,541 12 5 Securities and Debts due to the Bank 20,614,286 1 6 Bills Payable and Other Liabilities .. 3,615,009 10 9 Remittances in transit betweeen Branches 1,464,443 12 7 Reserve for Taxes 426,000 0 0 Landed Property, Premises, etc. 437,760 9 2 London Office acceptances under credits 273,132 3 2 Liabilities of customers for acceptances, per Balance of Profit and Loss 1,042,465 16 1 contra ., .»• »• »• .. 273,132 3 2 47,557,730 1 1 ND LOSS. 47,557,730 1 1 PROFIT A Twelve months' Interest on Guaranteed Stock 21,199 8 11 Balance brought forward from last year 506,513 11 1 Dividend paid 13th December, Balance of Profits for the year ended 31st 1924, on Preference Shares 83,333 6 8 March, including" Recoveries and after pro- „ Ordinary Shares .. 200,000 0 0 vision for Bad and Doubtful Debts, and 283,333 6 8 contingencies .. .. 840,485 0 7 Balance ,. ; : .« : .., .* • 1,042,465 16 1 1,346,998 11 8 1,346,998 U 8 RESERVE FUND. Balance ... v.? >•-«< rVa 2,575,000 0 0 2,575,000 0 0 Balance per last statement ..- .. ... Amount to be added from Profits for year ended . 31st March, 1925 . * .. 2,325,000 0 0 250,000 b 0 2,575,000 0 0