8.—15.

1932. NEW ZEALAND.

BALANCE-SHEET OF THE BANK OF NEW ZEALAND AS AT 31st MARCH, 1932.

Laid before both Houses of the General Assembly in pursuance of Section 24 of the Bank of New Zealand \and Banking Act Amendment Act, 1898.

BANK OF NEW ZEALAND. Incorporated by Act of the General Assembly, 29th July, 1861. Bankers to the Government of New Zealand.

Authobized Capital. £ s. d. Four-per-cent. stock (guaranteed by New Zealand Government) .. . . 529,988 10 6 Preference A shares —500,000 at £1 .. • • ■ • ■ ■ • • • • 500, 000 0 0 C long-term mortgage shares —468,750 at £1 .. .. .. •• 468,750 0 0 D long-term mortgage shares —937,500 at £1 .. . • • • • ■ • • 937,500 0 0 Preference B shares—l,37s,ooo at £1 .. .. •• •• 1,375,000 0 0 Ordinary shares —3,750,000 at £1 .. .. •• •• 3,750,000 0 0 £7,561,238 10 6 Subscribed Capital. £ s. d. Four-per-cent. guaranteed stock .. . • • • • • • ■ • • 529,988 10 6 Preference A shares issued to the New Zealand Government .. .. .. 500,000 0 0 C long-term mortgage shares issued to the New Zealand Government .. .. 234,375 0 0 D long-term mortgage shares .. .. • • • • • • • • 468,750 0 0 Preference B shares issued to the New Zealand Government .. .. .. 1,375,000 0 0 Ordinary shares .. .. .. •• •• •• •• •• 3,750,000 0 0 £6,858,113 10 6 up. £ s. d. Four-per-cent. guaranteed stock .. . . ■ • • • • • ■ ■ 529,988 10 6 Preference A shares .. .. • • ■ ■ ■ • • • • ■ 500,000 0 0 C long-term mortgage shares .. ■ ■ • ■ • • • • • • 234,375 0 0 D long-term mortgage shares .. . . • • • • • • • • 468,750 0 0 Preference B shares .. .. •• •• •• •• 1,375,000 0 0 Ordinary shares .. .. •• •• •• •• •• •• 3,750,000 0 0 £ a. d. 6,858,113 10 6 Reserve Fund .. ■ ■ • • ■ ■ ■ ■ ■ ■ 3,575,000 0 0 Undivided profits .. . • • • • ■ • • 395,056 5 9 3,970,056 5 9 £10,828,169 16 3