8.—15.

BANK OF NEW ZEALAND. "A."—Balance-sheet as at 31st March, 1927.

2

Liabilities. A ssets. Capital — £ s - d. £ s. d. £ s. d. £ s. d. 4-per-cent. guaranteed stock .. .. .. .. 529,988 10 6 Coin, cash balances, and deposits with bankers .. .. .. 7,532,199 8 4 Preference A fully paid £1 shares issued to the New Government notes —Commonwealth, Fijian, and Sainoan Zealand Government ... .. .. .. 500,000 0 0 Administration .. .. .. .. .. .. 85,591 0 0 C long-term mortgage shares issued to the New Zealand Notes of other banks (legal tender) .. ., .. .. 35,788 0 0 Government, paid up .. .. .. •• 58,593 15 0 Balances due by other banks .. .. .. .. .. 35,513 15 1 D long-term mortgage shares — £ s. d. Bullion on hand and in transit .. .. .. .. .. 7.190 3 7 Paid up .. .. .. .. 116,505 0 0 Money at call and short notice, Government securities, and Paid in advance .. .. .. 199,098 5 0 other securities in London .. . . .. .. 4,366,751 15 0 315,603 5 0 Bills receivable in London and in transit.. .. .. 3,684,809 12 6 Preference B fully paid £1 shares issued to the New 8,051,561 7 6 Zealand Government .. .. .. .. 1,375,000 0 0 New Zealand Government securities .. .. .. .. 3,644,916 10 3 Ordinary shares of £1 fully paid .. .. .. 3,750,000 0 0 Australian Government securities .. .. .. .. 2,125,385 17 4 6,529,185 10 6 Municipal and other local bodies'securities .. .. .. 964,355 4 7 Reserve Fund .. .. .. .. • • •• 2,825,000 0 0 Bills discounted .. .. .. .. .. .. 1,462,027 1 7 Notes in circulation .. .. .. .. •• •• 3,765,593 10 0 Other advances and securities and debts due to the bank, Deposits .. .. . . . . • • ■ • • • 29,664,024 14 1 after deducting provision for bad and doubtful debts .. .. 22,462,952 18 2 Balances due to other banks .. .. .. .. .. 46,044 6 10 Remittances in transit between branches .. .. .. 1.414,613 8 4 Bills payable and other liabilities (including provision for con- Landed property, premises, &c... .. .. .. .. 520,877 9 3 tingencies) .. .. •• .. •• •• 3,970,220 19 3 Liabilities of customers for acceptances, per contra .. .. 143,371 4 10 Reserve for taxes .. .. .. .. .. .. 426,000 0 0 Long-term Mortgage Department .. .. .. .. 374,197 0 0 London Office acceptances under credits .. .. .. 143,371 4 10 Transfers from Long-term Mortgage Department .. .. .. 276,297 0 0 Balance of profit and loss .. .. .. .. .. 1,214,803 3 4 £48,860,540 8 10 £48,860,540 8 10 Long-term Mortgage Department. - — — - -- - : - ■ - : — ' £ s. d. £ s. d. Long-term Mortgage Fund —Capital .. .. .. .. .. .. 374,197 0 0 Loans .. .. .. .. .. .. .. .. .. 97,900 0 0 Transfers to bank . . .. . . . . .. .. . 276,297 0 0 £374,197 0 0 £374,197 0 0 This is the balance-sheet referred to in the certificate on attached Profit and Loss Statement marked " B." — A. P. Green, Chief Auditor.