BANK OF NEW ZEALAND.

Hokitika Guardian, 18 June 1926, Page 4

BANK OF NEW ZEALAND.

Abridged Balance-Sheet as at 31st Rflarch, 8 926. LIABILITIES, ASSETS. _ „ Capital £ s. d. "& S. ct. 4% Guaranteed Stock .. .. .. 529,988 10 6 Coin, Bullion, Cash Balances and Deposits with Preference "A” Shares, fully paid, issued to Eankers .. .. v 7,303,753 1 1 the New Zealand Government . . . . 500,000 0 0 Notes of Commonwealth and Frjian GovernPreference “B " Shares, do. do. .. 1,375,000 0 0 ments and Samoan Administration and Leg'al Ordinary Shares, fully paid .. • • 3,750,000 0 0 Tender Notes of Other Banks .. .. 131,141 10 Q Balances due by Other Banks .. .. 36,401 3 II 6,154,988 10 6 Money at Call and Short Notice, Government and Other Securities, and Bills Receivable in Reserve Fund .. ... 2,577,310 16 0 London and in transit .... .. 9,949,809 5 6 Notes in circulation " .. . * .. 4,444,392 10 0 Investments in Government and Municipal Deposits . . • • ■ • .. ... 31,121,283 2 8 Securities in New Zealand and Australia .. 7,645,256 10 1 Balances due to Other Banks .. .. 73,505 9 9 Bills Discounted and other Advances and Bills Payable and Other Liabilities .. .. 3,648,285 11 8 Securities and Debts due to the Bank .. 22,662,697 310 Reserve for Taxes .. 426,000 0 0 Remittances in transit betweeen Branches .. 1,416,486 311 London Office acceptances under credits .. 134,000 19 1 Landed Property, Premises, etc. .. .. 484,103 210 Balance of Profit and Loss . . .. .. 1,183,877 0 9 Liabilities of customers for acceptances, per contra .. .. .. .. . .. 134,000 19 1 49,763,649 0 5 49,763,649 0 5 PROFIT AMD LOSS. Twelve months’ Interest on Guaranteed Stock 21,199 8 5 Balance brought forward from last year .. 513,299 2 8 Dividend paid 12th December, Balance of Profits for the year ended 31st 1925, on Preference Shares 91.654 13 7 March, including Recoveries and after proOrdinary Shares . 249,928 1 6 vision for Bad and Doubtful Debts, and Balance .. .. .. .. .. 1,183,377 0 9 Part of provision previously made for anticipated loss on transfer of surplus funds from London, and not now required .. ... 100,000 0 0 1,546,659 4 3 1,546,659 4 3 RESER¥E FUND. Balance .. » .. 2,325,000 0 0 Balance per last statement .. .. .. 2,575,000 0 0 Premium on 1,233 Shares (fractions and unallotted) sold by tender .. . . .. 2,310 16 0 Amount to be added from Profits for year ended 31st March, 1926 .. .. ... 247,689 4 0 2,825,000 0 0 2,825,000 0 0