Page 18 Advertisements Column 1

Press, Volume CX, Issue 32393, 4 September 1970, Page 18

REAL ESTATE INVESTMENT OPPORTUNITY GUARANTEED RETURN OF PLUS SHARE IN EXCESS PROFITS PLUS CAPITAL GAIN IN LAND ECONOMIC FARMING UNIT OF 425 ACRES FREEHOLD 4 MILES FROM CATHEDRAL SQUARE Our vendor clients have successfully farmed this property for the past six years using advanced management techniques and are prepared to continue farming it for the purchaser for a further five years under a CONTRACT MANAGEMENT SCHEME. For a total capital outlay of approximately $BO,OOO the purchaser will receive a guaranteed return of 5% per annum on the investment together with 50/50 share in excess profits and the full benefit of CAPITAL GAINS which will accrue from this extremely well situated property. NO RISKS NO WORRIES For further particulars please consult NMA Company of New Zealand Limited. 187/189 Cashel Street, Christchurch. PHONE 69-359 M.R.E.I.N.Z.

uSSS The Commercial Bank of Australia Limited (Incorporated In Victoria under the "Companies Act, 1890”) and its Subsidiaries BOARD OF DIRECTORS T. L. Webb (Chairman) J. C. Stewart (Deputy Chairman) H. F. Clarke S. M. Kimpton F. S. Anderson, C.B.E. J. S. Balderstone K. 0. Humphreys N. A. Jackson (Managing Director) K. L. LeSueur (General Manager) Consolidated Balance Sheet as at 30th June, 1970. (Expressed In Australian Currency) LIABILITIES $ ASSETS $ Authorised Caoital— Coin. Bullion, Notes and Cash at Bankers 42,164,938 300.000 Preference Shares of $2O each 6.000,000 Money at Short Call Overseas 4.121.410 44,000,000 Ordinary Shares of $1 each 44,000,000 Austra lan Public Securities— (a) Commonwealth and States 50.000.000 (I) Treasury Notes 800.000 ■ (ti) Other Securities 119.416,948 Issued end Fully Paid Capital (b) Local and Semi-Governmental Auth211,735 Preference Stock Units of $2O .. witles ~ ~ w unit 4.234,700 (i) Listed on Stock Exchanges 9.255,215 20.188,982 Ordinary Stock Units of $1 per „ . (li) N °? u ’“ <l on s,oek E « ch * n 9” unit 20,186.962 Other Public Securities 22.811.320 Other Securities 6,285,272 Paid-up Capital 24,421,862 Loans to Authorised Dealers In the Short Term Reserve Funds. Including Share Premium Money Market 4,000,000 Account $12870,000 and Fixed Asset Statutory Reserve Deposit Account with Reserve Revaluation Reserve of a Subsidiary Bank of Australia 67,447.000 Company. $997,060 (used In the business Statutory Deposit with Reserve Bsnk of New of the Group) 24.996,760 Zealand 2.762,464 Final Dividends proposed peyeble September, Term Loen Fund end Ferm Development Loan 197 b 1,295,912 Fund Accounts with Reserve Bank of Balance of Profit and Loss Account 3,348.582 Australia 1,142,000 Cheques and Bills of Other Banks and Balances 54,062,916 with and due from Other Banks 47,348.097 Less Goodwill on Consolidation 2819,599 Loans, Advances and Bills Discounted (after - deducting provisions lor debts considered Total Stockholders' Funds 51,243.317 bad or doubtful) 943,930,104 Proviaion for unexpired Insurance Risks and Amounta due and to mature under Hire PurPremiums paid in advance by a Subsidiary chase. Leasing, Development Projects and Company 2,225,135 other contracts entered into by Subsidiary Balances duo to Other Banks 38,215.245 Companies (after deducting charges yet to Borrowings by Subsidiary Companies— mature ($20,435,503) and provisions for (a) Debentures and Debentures second losses) 130.167,553 ranking 110 409 020 Bank and Other Premises. Furniture and Sites 23,776,584 (b) Unsecured Fixed Deposits 13.900,666 Bills Receivebio and Remittances in Transit 50.179,638 Deposits. Bids Payable and all other Liabilities. Income Tax paid or payable In advance by including Bank Acceptances and Provisions Subsidiary Companies 3.119,291 for Contingencies 979,102,133 All Other Assets (Including Acceptances of Minority interest of outside Preference Share- Customers —$44,571,412) 61,727,770 holders In a Subsidiary Company 2,000,000 1,197,095,516 1.197.095.516 Contingent Liabilities on Letters of Credit Guarantees and Other Engagements (Exdud- , , , . ing $48,014, being Income Tax Assessment Contingent Assets Including Liabilities of applicable » Subsidiary Company, deferred Customers and Others on Letters of Credit, pending hearing of appeal) 54 326,554 Guarantees, etc., as per contra 54,326,554 $1.251,422,070 JtaSLJKjOTO Consolidated Profit and Loss Account for the Year ended 30th June, 1970. (Expressed In Australian Currency) ’ $ r * To Expenses (including Directors' Fees $37,858) 55,236,749 By Discount and Interest earned, net exchange. Income Land and Other Taxes 5,347,439 commissions and other items, after deducting _ Balance being Net Profit lor the year earned Interest psld and accrued on deposits (Indown 3,762,646 eluding $8,343,619 In respect of interest on (In respect of Debenture Stock and Unsecured Fixed Cutside Preference Shareholders 135,000 Deposits of Subsidiary Company), rebates CB A Interests 3,627,646) on bills current at balance date and transfers to the credit of Contingencies Accounts (out 64,346.834 ■ ■ ■ .. I. of which accounts provisions for all bad and $64,346,834 doubtful debts have been made) $64346534 To Transfer to Reserve Fund 499.900 Amounts written oft Bsnk Premises 220,000 ” Interim paid February 1970 890.055 By Balance brought forward from prevloua year 2,826803 Final, proposed payable September. 1970 1,295,912 Net Profit for the year aa above 3,762,646 „ Preference Dividends paid to Outside Shareholders of Subsidiary Company 135,000 . Balance carried forward 3.348,582 $6,389,449 $6,389,449 Copies of the Final Accounts of the Bank and Its Savings Bank Subsidiaries together with Consolidated Final Accounts of the Group, with Statutory Declarations by the Managing Director and Secretary, Directors’ Certificates and Auditors’ Reports thereon have been

Closing Date: JI Ji bi ! ** Ji Messrs Hamilton, Hindin, 30 September 1970 • ,\ y Greene &Co.; Underwriters. H * gj B Il |il H IBM IN THE CHRISTCHURCH II O II £ B Wfflw CITY COUNCIL LOAN I . ® B O/. || Asm. CITY X Contact a Member of the Stock Exchange, any branch of any Trading //JF ' Zi | or Savings Bank in New Zealand or the Christchurch City Council. f .iK YT&s'io-rtt - /Wf