BANK OF NEW ZEALAND.
(IMPORT AXI) ISALAXCK-SHEET,
PROFITS FOR THE YEAR,
By Telegraph.—Press Association. Wellington, June 4,
Tlic report and balance-sheet of the Bank of Now Zealand for the year ended March .'ll show* profits, after making provision for the annual donation to tin' provident fund, bad and doubtful debts, rtare £300,100 10s !>d. From this lias to In; deducted interest Oil guaranteed stock C200,1>80 1 ;>a 4d, le&ViiiLf ISil is sd, which, with the balance from last Year of £51.608 8s 10d, makes in all £871.1)84 10a 3d.
From this sum there has to be paid interim dividend at (i per cent, on A and I) preference shares £45,000, and on ordinary shares £55,G0!), leaving available for distribution £270,394 10s IM. This the directors propose snail be distributed as follows:—Dividend rate 4 per cent, oil A preference shares £29,0(10, at rate 0 per cent, on ordinary shares and B preference shares £72;508 10s, bonus at the rate of 3 per cent, on ordinary share and B preference shares £35,801 18s, transfer to the reserve fund £84,483 12s lOd (making the reserve fund two millions), leaving a balance to be carried forward of £51.170 10s 3d.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19150605.2.27
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, Volume LVII, Issue 307, 5 June 1915, Page 4
Word count
Tapeke kupu
196BANK OF NEW ZEALAND. Taranaki Daily News, Volume LVII, Issue 307, 5 June 1915, Page 4
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in