8.—15

2

BANK OF NEW ZEALAND.— A. Balance-sheet at 31st March, 1901.

B.—Profit and Loss, 31st March, 1901.

Liabilities. Capital — £ s. d. Four-per-cent. Guaranteed Stock Ordinary capital called up under "The Bank of New Zealand and Banking Act, 1895 ".. 500,000 0 0 £ s. d. 2,000,000 0 0 s. 0 d. 0 £ • s. d. Assets. Coin and cash balances at banker's Bullion on hand and in transit Money at call and short notice, bills receivable, Government securities, and other securities in London Investments in the colonies — Colonial Government securities Assets Eealisation Board debentures Municipal securities Other securities £ s. d. £ s. d. 1,456,119 0 10 98,010 6 9 Amount paid to date 421,860 1 4 1 4 2,421,860 1 4 2,523,089 19 0 Call of 1895, made in terms of " The Bank of New Zealand and Banking Act, 1895": £3 6s. 8d. per share .. .. .. 500,000 0 0 Amount collected to date, and specially applied as provided by the said Act .. 453,092 6 1 828,131 5 0 1,625,000 0 0 23,053 6 1 31,400 0 0 2,507,584 11 1 2,080,832 10 3 4,111,188 7 10 388,762 1 3 Nominal reserve liability on shares .. 603,520 17 1 603,520 17 1 Bills discounted Other advances and securities and debts due to the bank Landed property, premises, &c. Bank of New Zealand Estates Company (Limited), "Assets in liquidation " (book-value) Colonial Bank, property and premises Preferred-share capital issued to the Crown and repurchased in terms of " The Bank of New Zealand and Banking Act, 1895," section 8, and available for re-issue in terms of section 13 of the said Aot .. .. 500,000 0 0 298,479 3 8 45,398 6 5 Reserve Fund invested in New Zealand Consols Notes in circulation Bills payable in circulation.. Deposits Other liabilities Bills rediscounted in London Balance of Profit and Loss .. 23,474 7 4 770,729 0 0 1,170,030 2 6 8,682,504 0 3 115,910 5 2 274,956 10 6 50,000 0 0 £ 113,509,464 7 1 (13,509,464 7 This is the balance-sheet, marked " A," referred to in the certificates attached. — A. M. J. E. R. W. G., Accountant.

£ s. d. £ s. d. £ s. d. £ s. d. 50,000 0 0 Net balance of profits at 31st March, 1900, paid to Assets Realisation Board in terms of " The Bank of New Zealand and Banking Act, 1895," section 11 Twelve months' interest on guaranteed stock Dividend on preferred-share capital to date of repurchase from the Government .. Amount written off Bank of New Zealand Estates Company (Limited), " Assets in liquidation" Amount written off Bank of New Zealand Estates Company (Limited), "Debenture Conversion Account" (being balance of account) Amount written off Colonial Bank purchase, " Good will Account " (being balance of Account) Amount written off Bank Premises Account Amount written off Colonial Bank property and premises Amount written off Furniture Account Balance for year ended 31st March, 1901 50,000 0 0 80,000 0 0 9,577 0 11 17,000 0 0 35,360 1 6 60,000 0 0 34,417 9 7 10,000 0 0 3,887 17 10 50,000 0 0 Balance from year ended 31st March, 1900 Profits for year ended 31st March, 1901, including recoveries, and after payment of and provision for all interest due and accrued on deposits, and provision for bad and doubtful debts in current business .. .. .. Less — Salaries and allowances at head office and 121 branches and agencies Directors'remuneration, including London Board General expenses, including rent, stationery, travelling, repairs to premises, &c. Audit Expenses Account Rates, taxes, telegrams, and postages 103,165 15 1 3,150 0 0 469,291 6 10 31,903 7 7 2,449 7 8 28,380 6 8 169,048 17 0 £350,242 9 10 £350,242 9 10