BANK OF NEW ZEALAND.
Abridged Balance-Sheet as at 3ist March, 1924.
LIABILITIES. ASSETS. Capital. 4% Guaranteed Stock Preference “A” Shares, fully paid, issued to the New Zealand Government Preference “B ” Shares, do. do. Ordinary Shares, fully paid >.. >. £ s. d. 529,988 10 6 509,000 0 0 1,000,000 0 0 3,000,000 0 0 5,029,988 10 6 Reserve Fund Nctcs in circulation . Deposits .. Balances due to Other Banks Bills Payable and Other Liabilities .. Reserve for Taxes London Office acceptances under credits Balance of Profit and Loss ... 1,828,453 9 11 4,072,101 10 0 30,501,719 14 5 102,000 10 3 3,265,519 14 3 426,000 0 0 363,704 7 9 1,265,367 2 5 46,855,760 19 6 £ s. dCoin, Bullion, Cash Balances and Deposits with Bankers .. .. .. .. 7,206,703 1 1 Notes of Commonwealth and Fijian Governments and Samoan Administration and Legal Tender Notes of Other Banks .. .. 166,873 15 0 Balances due by Other Banks .. . • 26,927 8 7 Money at Call and Short Notice, Government and other Securities, and Bills Receivable in London and in transit .. .. • • 11,172,254 8 5 Investments in Government and Municipal Securities in New Zealand and Australia .. 6,338,118 12 3 Bills Discounted and other Advances and Securities and Debts due to the Bank .. 20,123,202 2 0 Landed Property, Premises, etc. .. .. 352,474 4 1 Remittances in transit between Branches .. 1,100,403 0 4 Liabilities of customers for acceptances, per contra .. •• •• •• •• 363,/04 7 9 46,855,760 19 8 Twelve months’ interest on Guaranteed Stock .. Dividend paid 15th December, 1923, on Preference Shares 75,000 0 0 „ Ordinary Shares .. 150,000 0 0 Balance -- PROFST AMD LOSS. 21,199 9 6 225,000 0 0 1,265,367 2 5 1,511,566 11 11 Balance brought forward from last year Ealance of Profits for the year ended 31st March, after provision for Bad and Doubtful Debts, and contingencies . . Surplus on Realisation of British Government Securities Provision previously made for certain Doubtful Advances not now required 421,957 C 4 757,031 6 0 148,112 9 19 184,465 9 0 1,511,536 11 11 Balance RESERVE FUND. 2,325,000 0 0 ; Balance per last statement ! Premium on 2,205 Shares (fractions and uni allotted) sold by tender ! Amount to be added from Profits for year ended 31st March, 1924 1,825,000 0 0 3,453 9 11 496,546 10 1 .2,325,000 0 t 2,325,000 0 0
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Hokitika Guardian, 20 June 1924, Page 4
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439Page 4 Advertisements Column 3 Hokitika Guardian, 20 June 1924, Page 4
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