Bank of New Zealand

Press, Volume LXXXIII, Issue 25306, 4 October 1947, Page 3

Bank of New Zealand

Abridged Balance-Sheet as at 31»t March, 1947

LIABILITIES. I L <L ASSETS. 1 'to In.' Capital— Coin, Reserve Bank Rotes and Preference Share* . •• „ 1375,000 0 0 Deposit* with Banker* .. 26357,128 14 s C Long-Term Mortgage Share* .., 234,375 0 0 Notes of Commonwealth and Fijian D Long-Term Mortgage Share* .. 468,750 0 0 Governments and Samoan AdminOrdinary Share Capital .., u « 3,750,000 0 0 istration .. 114,992 5 0 Balance* due by Other Bank* 1343,437 17 5 6,328,125 0 0 Money at Cali and Short Notice, Reserve Fund (Invested in British Government and Other Securities, Government Securities) .. 3,575,000 0 0 and Bills Receivable in London 8,092,670 Deposits t.. 69312,665 7 9 and in transit 1 • Balance* due to Other Bank* 41,848 16 9 Investments in Government, Muni* Bills Payable and Other Liabilities . 5,826,119 8 10 cipal and other Local Bodies’ Provision for Taxes 700,000 0 0 Securities in New Zealand, AutLondon Office acceptance* under tralia and Fiji 14,197,193 10 1 credits 74,419 16 7 Remittances in transit between Transfers from Long-Term Mortgage Branches »_• ... .. 3,760,442 16 7 78,887 PROFIT AND LOSS. Bill* Discounted and other Advances 53,765,865 4 9 £ S. jo Net Profit for Year 435,250 7 8 Brought forward from last year . 360,119 17 7 and Securities and Debts due to the Bank .. .. Landed Property, Premises, etc. .. Liabilities of customer* for accept31370,985 919,641 11 19 6 3 ances, per contra 74,419 16 7 Les* Interim Divi-Long-Term Mortgage Department ...» 703,125 0 • dend .. .. 198398 8 9 Balance of Profit & Lots Account .« 596,971 16 6 £87,034,037 12 1 £87,034,037 12 LONG TERM MORTC SAGE DEPARTMENT LONG-TERM MORTGAGE FUND— £ s. d. £ s. a.! Capital „ .j. .. 703,125 0 0 Loan* .. .. n „ 624,237 14 4 Transfer* to Bank u u 78387 5 8 • £703,125 0 0 £703,125 0 J