BANK OF NEW ZEALAND.

Taranaki Daily News, Volume LIV, Issue 304, 20 June 1912, Page 4

BANK OF NEW ZEALAND.

LIABILITIES. CAPITAL- £ s. d. £ . s. 6 4% Guaranteed Stock 1,000,000 0 0 Preference Shares fully paid up issued to the Crown under "The Bank of Now Zealand Ac*, 1903," sees. 9 and 10 500i000 0 0 Ordinary Shares 150,000 at £6 : 13 : 4 £1,000,000 Paid up to £3:6:8 per .Share ... 500,000 0 0 Reserve Fund 1,000,000 0 0 Notes in Circulation 1,030,966 0 0 Deposits 15,833,867 12 9 Bills Payable and other Liabilities (including provision for doubtful debts and for depreciation in Investment Securities) 1,367,483 4 0 Balance of Profit and Loss ... 805,587 13 6 £21,537,904 10 2

BALANGH-SHBfilT at 3lit MARCH, 1912

ASSETS. £ S. d. £ s. d. in and Cash Balances at Bankers 2,900,097 4 0 Bullion on hand and in transit 204,415 16 0 Money at Call and Short Notice, Government Securities and other Securities in London ... 3,318,159 19 2 Bills Receivable in London and in transit 2,406,266 0 1 Investments in the Colonies— Colonial Government Securities 1,019,681 0 0 Municipal Securities ... 245,666 18 0 Assets Realisation Board Assets —Balances owing by Purchasers 186,356 610 Bills discounted 1,221,075 5 0 Other Advances & Securities and Debts due to the Bank... 9,667,748 1 0 LandedProperty,Premises,etc. 420,538 0 1 £21.537.904 10 2

PROFIT AND LOSS.

Dividend on Preference Shares 20,000 0 0 Dividend on Ordinary Shares 30,000 0 0 Bonus on Ordinary Shares ... 15,000 0 0 Amount transferred to Reserve Fund 200,000 0 0 Balance carried down 34,405 7 6 £299,405 7 6 Twelve months' interest on Guaranteed Stock 40,000 0 0 Amount written off Bank Premises and Furniture 25,000 0 0 Interim Dividend paid 4th December, 1911— 6% on Preference Shares, £500,000 ... 30,000 0 0 6% on Ordinary Shares, £500,000 ... 30,000 0 0 Balance, being Net Profit for year 331,182 511 Amount brought forward from last year ... 34,405 7- 6 365,587 13 5 Less Interim Dividend paid as above ... 60,000 0 0 £430,587 13 5 EESEEV: £ s. d. Balance ... 1,200,000 0 0 £1,200,000 0 0 B. M. LITCHFIELD, Chief Auditor,

Balance 31st March, 1811 ... £99,405 7 6 £299,405 7 6 Balance brought down ... 34,405 7 6 Proilts for year ended 31st March, 1912," including recoveries, and after payment of, and provision for, ail interest due and accrued on deposits, provision for bad and doubtful debts, for donation to Provident Fumi, and for bonus to staff 681,034 14 8 Less Salaries and All o w ances £171,317 17 9 Directors' remuneration £3,250 0 0 General Expenses £52.544 9 2 Audit Expenses £1,968 15 2 Rates & taxes £55,771 6 8 284,852 8 9 £430.587 13 5 I FUND. £ s. d. Balance per last Statement ... 1,000,000 0 0 Amount to be added from Profits for year ended 31st March, 1912 200,000 0 0 £1.200.000 0 0 W. CALLENDEK, General Manager. F. A. MACBEAN, Accountant.