BANK OF NEW ZEALAND.

NZ Truth, Issue 1177, 21 June 1928, Page 17

BANK OF NEW ZEALAND.

Abridged Balance-Sheet as at 31st IW arch ,1928. ;| LIABILITIES. ASSETS. J CaTiital £ S. fl. \f \or Guaranteed Stock . •• •• 529,988 10 6 Coin, Bullion, Cash Balances and Deports with £ s. a. i Preference Shares issued to the New Zea- + Bank fl - - rtu ••, ti ... •• ft • • 7,532,956 15 10 land Government . • • • 1,875,000 0 0 Notes of Commonwealth and- Fijian Govern- j O Lonff-Term Mortgage Shares issued to the ments and Samoan Administration and Legal r < New Sand Government „_.. ... 175,781 5 0 Tender Notes of Other Banks .. ... 122,23110 0 j D Long-Term Mortgage Shares ..... .^ *» 440,428 10 0 Balances due -by Other -Banks _ . 195,635 02Ordinary Share Capital .. .... ' „.3,750,000 0 0 Money at Call and Short Notice, Government uramary aaare v*^*- j _ and other Seimritieg> and BiUg ReceivaWe / 6,771,198 5 6 London and m transit .. . . ..10,005,132 5 6 --' Reserve Fund ... * *-* '-ra ■■ v. 3,025,824 13l 11 Investments m Government, Municipal and Notes m circulation .. :•■« •-. 3,797,080 0 0 other Local Bodies' Securities m New Zeja- X Deposits .- - !.. 30,339,033 8 2 land and Australia .. .. ... ... 6,692,271 12 4 Balances due to Other Banks -. ... 30,425 9 6 Bills Discounted and other Advances and > Bills Payable and Other Liabilities „ * ... 3,954,878 3 1 Securities and Debts due to the Bank ..22,748,219 5 9 ± Reserve for Taxes .. •• l•• 426,000 0 0 Remittances m transit between Branches . .-. 1,343,797 1111 -a London Office acceptances under credits .. 89,500 8 4 Landed Property, Premises, etc. .. ..533,596 10 5' *y Transfers from Long-Term Mortgage Depart- Liabilities of customers for acceptances, per „ :.. ment ## .. ... .. 296,448 0 1 contra.. .. .. .. ... 89,500 8 4 .■■ m Long-Term Mortgage Department ''•.«' ... 616,209 15 Q' *h PROFIT ANP LOSS & . . I 1 2 Net Trading Profit for Year 841,878 5 1 * Plus surplus on realisation _ 'JS Government and other . • *$$ securities .. *.. 73,510 13 10 \f 915,388 18 11 X 4 Brought forward from last *, year .. .. .. 584,655 12 10 ' , Less Interim Dividend .. 350,882 5 1 - -"'' 1,500,044 11 9 y - _ ■'".•,■>,■■ Balance of Profit and Loss Account „ .. 1,149,162 6 8 ■ : ', '. -~J—. ' ' ' 49,879,550 15 3 49,879,550 15 3 . ' I _ca ' ' ; LONG-TERM MORTGAGE DEPARTMENT 3 LONG-TERM MORTGAGE FUND- £ s. d. ■■' -2 »• *- .'$ Loans ... „« ;«• - *_i n. 319,761 14 11^ Capital .. ..... .. .. • « '••■ 616,209 15 0 Transfers to Bank v * ~ '- ■ ,W : .y-~< >- 296,448 0 1 616,209 15 0 616,209 15 0 \% ' ' v _