B—l6

RESERVE BANK OF NEW ZEALAND Profit and Loss Account for the Year ended 31st March, 1948 Dr. £ s. d. Or. .. £ s. d. General charges, including salaries, rent, cost of Balance of profit after making provision for note issue, and other expenses .. .. 277,398 4 5 rebate on Treasury bills not yet due, and for Balance, being profit for year .. .. 645,593 8 8 sundry liabilities and contingencies .. .. 922,991 13 1 £922,991 13 1 £922,991 13 1 Profit and Loss Appropriation Account Dr. £ s. d. Or. £ s. d. Payments to New Zealand Government in terms Balance as at Ist April, 1947 .. .. 581,784 2 1 of section 36 of Keserve Bank of New Zealand Balance from Profit and Loss Account .. 645, 593 8 8 Act, 1933 .. .. .. .. 581,784 2 1 Balance .. .. .. .. .. 645,593 8 8 £1,227,377 10 9 £1,227,377 10 9

14