THE BALANCE-SHEET.

Press, Volume LXIII, Issue 12827, 11 June 1907, Page 7

THE BALANCE-SHEET.

LIABILITIES. Capital— £ £ rot- p<?r cent, guaianteed srtoc- -. •• 1,000,000 Piu.eidUue -iia-res luiiy paid up, ißtUt-d lo .tortU ui._ei • ilia Ban- ot New _-.oa.a_d Act, ljuil, becuo-s 9 a... .. ■• sOo.o°<> Oiui-ary Shares, 130,000 at £fi ids 4d lJ_l,i*Ai t*Jt*i; paid-up, U 0. ou i,er ._*_.. Reserve Fund, invested in INew _e».a_d t..ovt-r.i_itf_i securities *Vr** Notes in circulation .. •• J*r'f~ Debits •• ,_ .;. _•• U.BiM.is'Urn.-, payable and other liabilities liuc.u-i-g provision .lor doubiiui d.LKH una wt depreciation in in- c veclaiout becuriu—U •■ •• 2,194,814 B-ituice ot pro-Hi a~d loss .. •• -14 bBO Total .. .. .. _El-,39 .33_ ASSETS. £ Coin and cash balance at ban_ers' 2,1t,j 605 Bullion on hand and in transit .. 110,610 j_i....._y on cut. a..v suoii. i_.uvioe, t.i.vtrn.ueni and omer securities in London .. •• 3,688,915 Bi._. I'oceivab.e in i-ond-on .. 1,011,042 l_iv__._isUiß in tho colonies— ■_ai.ui.isi uoveriiiucnC £_ aecunti-cs .. •• —5,640 Municipal securities .. 3i,M> MQ Asset. Realisation Board assets, ba.ii-tes owniig to purc-usera •• 453,654 Sundry a*_ts unreslieed 3__,_4l 758,193 Bills discounted •• •■ 2,SBa,a_ Oti_er uuvi_c_i and securities and debts due t- the Ba.uk .. .. 6,423,632 Lituucd property, pr-uuses, etc. .. aia,t~9 Cu.oni-1 __i__ piop_ty and premises 2,_w Total .. .. .. £18,333 8a» PROFIT AND LOSS ACCOUNT. Dr. * Ai_.u&; statutory payment at 31st M-ich. puid 10 Astete itealifiaiwu Boaia in teams ot Bank 01 _New _v.aiiuid Act, ID_), oecuou Li .. .. •• •• 50,000 Iliv.dend at rate of 6 per cent, fo* y&u,f u..<lt*u .tlEst i_ucb, iaUO, on i;i^i ( tA/U iiieieience shares issued to ihe cjowu in teims at Bunk oi iNew _e.ui__ Act, i»_ .. 25,000 _Uivid<-_d nt rule til o per cent, lor ye_r otucd aist Match, ll>u<l, on _U)t)J,WA) or-mary ea-ru capeuii .. 25,000 Bul_l.ce oi plo u _ at 31st Alaroh, i'jjti, paid to Aisets Keail—U__ jjomd in ternis 01 Ban* ot _ew ioataud Act, iUJ-, bectioii lo .. 174,329 T.bi.e m-uiiihs' tnlares-t ou guai-n--teed stock .. •• •• 40,000 A-iou-t written off Bank premises nid furniiuio .. •• •• 16,000 lnte.ini uinttt;__l paid on lith jttiiuaiy, lUO7— i-utt i/_ tt-i. on prelexuiioo siiuros of £»ij,lUo .. ■• 23,000 Five por cent, on ordinary shares of .. •• 25.0C0 50,000 Balance of net profit for • year, t-eea luitiiia diviaeud paid i'jU.OJj; .. ... •• 244.860 Total JM.25,209 Cr. * , •« Balance from year > ended Slat March, IVJti 274,32 a J_'i.i___i_ it-t yea* ended vist iiarch, iuc.udjng tocover_cs, and aucr p*ymei»t ot and provision for all interest due and accrued on deposits, prov.sion for bad a-d doU_ml debts, donation to Provident and for _ 8...us to staff .. 5„,638^ Less— and a.lowanoes at head cilice and 141 bihEc.c. uud agencies 131,963 Directors reniUiierat;on, including London Boud .. .. 3,000 General expenses, including rent, stationery, and travelling expenses, repairs to premises, etc. .. 34,678 Audit Kxpt'-fos Account .. .. 1,702 Rate*, taxes, telegrams, postages •■ .. 39,465 £_.2,&C7 Total .. -• ■• -350^ This leaves, after subtraction frcm the prrfit previously tinted. the sum ot -E3..-0 I ESO. This latter sum' and the balance .v the previous year (£27i.i-j) »^i_gate fG23,20D. RESERVE FUND. £ Credit balance at 31st March, 1906 81,294 Amount to be added Ir.m profits for year ended 31st March, 1907 .. 168.705 Total .. .. .. __O,GOO (Shillings snd pence are omitted.)