Page 16 Advertisements Column 2

Free Lance, Volume V, Issue 260, 24 June 1905, Page 16

BANK OF NEW ZEALAND.

BALANCE SHEET AT 31st MARCH, 1905.

LIABILITIES. ASSETS. Capital- £ s. d. £ s. d. 4 per cent Guaianteed Com and Cash Balances S toc k .. 1,000,000 0 0 at Bankers . .. 2,030,113 14 6 Piefeience Shaies fully Bullion on Hand and in paid up, issued to the Tiansit •• •• 94 ' 033 1 1 Ciown under " The Money at Call and Short Bank of New Zealand Notice, Government Act 1903 " Sections 9 Secunties, and Other an( j' io ' . . . 500,000 0 0 Secunties in London 3,161,769 12 7 OrdinarySbares,iso.ooo, Bills Receivable in Lonat £6 13 4d, £1,000,000 don . . .. .. 1,184,531 10 6 (called up to £6 6s 8d Investments in the Coloper share) — amount mes — paid to date on 136,219 Colonial Government Shares .. • 452,370 0 0 Securities .. .. 844,131 5 0 Reserve Fund invested in Municipal Secunties .. 28,653 6 1 New Zealand Consols . . 43,897 7 0 Assets Realisation Board Notes in circulation .. 784,171 0 0 Debentures .. 1,382,500 0 0 Bills payable in circula- Bills Discounted . . . . 2,005,479 16 5 t j on .. .. 1,022,404 19 5 Other Advances and SeDeposits " • •• 12,190,646 19 7 cunties and Debts due Other Liabilities, including to the Bank .. .. 5,211,097 18 0 provision tor deprecia- Landed Pioperty, Pretion in Investment Sem ises, etc. . . . . 333,424 6 b curit i es 94,983 14 1 Bank of New Zealand EsBalance of Profit and Loss 253,930 0 0 tates Company (Ltd.), "Assets in Liquidation (book value) . . 62,829 19 9 Colonial Bank Property and Premises . . 3,839 9 8 £16,342,404 0 1 £16,342,404 0 1

PROFIT AND LOSS.

£ s d. £ s. d. Annual Statutory Payment Balance fiom Year ended at 31st March, 1904, paid 31st Maich, 1904 . . . . 200,303 0 0 to the Assets Realisation Profits for Year ended 31st Board in terms of " The Maich, 1905, including reBank of New Zealand Act, covencs, and after payment 1903," Section 15 .. . . 50,000 0 0 of and provision for all inDividend at 5 per cent, for terest due and accrued on year ended 31st March, deposits, piovision for bad 1904, on Share Capital and doubtful debts in curwith call paid on that date rent business, donation to (£425,613 6s 8d) . . . . 21,281 0 0 Provident Fund, and bonus Balance of Profits at 31st to Staff 509,130 8 0 March, 1904, paid to the ~~Z^" A 7l o 7 Assets Realisation Board Less— 709, 4dd 8 U in terms of " The Bank of Salaries and Allowances at New Zealand Act, 1903," Head Office and 134 Section 15 129,022 0 0 Branches and Agencies 119,953 2 2 Twelve Months' Interest on Directois' lemuneiation, Guaranteed Stock . 51,977 13 4 including London Boaid 3,000 0 0 Amount written off Bank General Expenses, includPremises 10,000 0 0 ing lent, stationery, Amount written off Colonial tiavelling, lepairs to preBank Property and Pre- mises, etc. . . . . 32,130 17 0 mises 2,500 0 0 Audit Expenses Account .. 1,659 12 9 Amount written off Furniture Rates, taxes, telegrams, Account 2,500 17 8 and postages . . . . 31,478 5 1 Balance for Year ended 31st V[^7~7^ 7, March, 1905 . . . . 253,930 0 0 188,221 17 0 £521,"21Tir~0 £521,211 11 0

RESERVE FUND.

£ s. d. £ s - d - Balance 43,897 7 0 Balance fiom Year ended 31st March, 1904 . . . . 23,987 2 2 Premium on sale of Forfeited Shares credited in terms of " The Bank of New Zealand Act, 1903," Section 21 . . 19,910 410 £43T897~7~~0 £43,897 7 0 A. MACINTOSH, HENRY R. LAWRY, General Manager. Acting Accountant. W. CALLENDER, Chief Auditor.