BANK BALANCE OF NEW SHEET AS AT SOUTH WALES 30th SEPTEMBER, 1947. LlAßili TiUS. Notes in Circulation Deposits, Accrued Interest, Rebate, Bills Payable and other liabilities, including reserves neld for doubtful debts and other contingencies 332. Paid-up Capital S, Reserve Fund o, Prolit and Loss .. £906,251 14 9 Less Interim Divi-' dends to 'June 30th. 1047 428,025 0 0 £ s. d. £ 31,003 0 0 574.502 0 0 ,780,000 0 0 ,150,000 0 0 -232,955,805 0 0 539,226 14 9 Contingent Liabilities— Outstanding Credits, Guarantees, etc., as per Contra .. 15.468.226 14 9 248,424.031 14 9 17.091.792 5 6 £265.515,824 0 3 s. d. a. d. ASSISTS. Coin. Bullian. Notes and Cash at Bankers 24.276.238 19 8 Short-dated Treasury Bills—Australian 5.000.000 0 0 Government Securities —Australian, New Zealand, British, and Fijian 31,712,303 17 8 Due by Other Banks 5,026,459 12 9 Bills Receivable and Remittances in Transit .i 17,974,830 12 1 Special Account with Commonwealth Bank of Australia .. 65,120,000 0 0 Statutory Deposit with Reserve Bank of New Zealand 1,398,678 0 0 Loans and Advances to Customers 94,353.516 12 9 Bank Premises 3,500,000 0 0 All other Assets 2,000 0 0 248,424,031 14 9 Liabilities.of Customers and others on Detters of Credit, Guarantees, etc., as per Contra 17,091.792 5 8 £265,515,824 0 3 Dr. PROFIT AND LOSS FOR YEAR ENDED 30th SEPTEMBER, 1947. Cr. To Interim Dividends as under, paid in terms of Clause 105 of Deed of Settlement out of Che Year's Profits:— For Quarter ended—31st Dec., 1948, at 6/6 per share Aust. CurrencyN 142,6i5 31st Mar. Wit at 6/6 „ ' M 30th June. 1047, at 6/6 „ .. « 142.675 0 142.675 0 Balance proposed to be dealt with as follows: To Quarter's Dividend ,to 30th September, 1947, at the rate of 7/-* per share Australian Currency.. £103,000 0 0 To Balance carried forward 384.0<0 14 9 428,025 0 0 538,226 14 9 £966,251 14 9 £ s. d. By Amount from last Account 348,721 3.10 „ Balance of Year’s Profits, after deducting Rebate on Current Bills, Interest on Deposits, providing for Income, Land and other Taxes, reducing valuation of Bank Premises, providing for Bad and Doubtful Debts, fluctuations in the value of Investment Securities, and other contingencies, and Including recoveries from Debts previously written off as bad 617,530 10 11 £966,251 14 9 Dr. RESERVE FUND Cr. ,To Balance (used in the business of the Bank) carried forward to next year £ s. d. 8,150.000 0 9 By Balance brought forward from last year £6. lo'J.OOi) 0 0 £ s. d. .... 6,150.000 0 0 £0,150,000 0 0 T. B. HKFFKR, General Manager, a. aXDWarT-RICHARD SON, Chief Accountant. F. H. WAY, -F. D. HOBBS, Auditors. i Audited, 11 November, 1947. mm / am: - m (6/uef m toft GEM Double Lift XU Aim—a m II GEM Double lif V BLADE - & w i * G# keen 6# MONEY-BACK GUARANTEE! Your shaving BARGAIN of a lifetime. The most inexpensive investment in shaving speed, sheer comfort, and day after day shaving economy you can make. Sturdy, life-time GEM one-piece Razor has no parts to get out of order. Two super-sharp GEM 50% thicker, surgical steel DoubleLife Blades give you professional, skin-level shaves that keep you neat all day— and evening. Take advantage of this magnificent GEM offer at once! The ideal, Christmas Gift! Sole Agents for New Zealand : E. i. HYAMS & SON LTD, SHAVE ONCE AND SHAVE CLEAN! Get a GEM of a shave with a GEM BLADE IN A GEM RAZOR!
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Otago Daily Times, Issue 26632, 1 December 1947, Page 8
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607Page 8 Advertisements Column 3 Otago Daily Times, Issue 26632, 1 December 1947, Page 8
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