Bank of New Zealand

Wairarapa Times-Age, 18 June 1943, Page 2

Bank of New Zealand

Abridged Balance Sheet ess at 31st March. 1943

LONG-TERM MORTGAGE DEPARTMENT

• LIABILITIES £ fl. d. Capital— Preference Shares issued to the New Zealand Government 1,875,000 0 0 C Long-Term Mortgage Shares issued to the New Zealand Government 234,375 0 0 D Long-Term Mortgage 468,750 Shares 0 0 Ordinary Share Capital .. 3,750,000 0 0 6,328,125 0 0 Beserve Fund (Invested in British Government Securities) . .' 3,575,000 0 0 Deposits Balances due to Other Banks 50,742,752 9 10 48,035 9 6 Bills Payable and Other Liabilities • 5,040,411 1 9 Provision for Taxes 760,000 0 0 London Office acceptances under credits Transfers from Long Term 10,432 1 6 Mortgage Dept. 43,547 1 4 PROFIT AND LOSS Net Profit £ s. d. • for year . 380,434 17 0 Brought forward from last year .. 396,190 4 0 776,625 1 0 Less Interim Dividend 196,533 4 0 Balance of Profit and Loss Account 580,091 17 0 £67,128,395 0 11

ASSETS £ s. d. Coin, Reserve Bank Notes and Deposits with Bankers 11,780,829 11 5 Notes of Commonwealth and Fijian Governments and Samoan Administration . . 96,867 0 0 Balances due by Other Banks 463,978 5 1 Money at Call and Short Notice, Government and Other Securities, and Bills Receivable in London and in transit . . 9,022,064 10 4 Investments in Government, Municipal and other Local Bodies’ Securities in New Zealand and Australia . . 19,026,514 13 4 Remittances in transit between Branches . . . • 3,003,873 2 3 43,394,127 2 5 Bills Discounted and other Advances and Securities and Debts due to the Bank 22,202'133’ 13 7 Landed Property, Premises, etc. . . • . 818,577 3 5 Liabilities of customers for acceptances, ner contra . . 10,432 1 6 Long-Term Mortgage Department . • , • • 703,125 0 0 £67,128,395 0 11

£ LONG-TERM MORTGAGE FUND— s. d. Capital . 703,125 0 0 £703,125 0 0

£ s. d. Loans . . 659,577 18 8 • Transfers to Bank . . 43,547 1 4 i £703,125 0 0