ADVANTAGE SAVER NOW WITH HIGHER INTEREST i FlwJ Now with even higher interest, Westpac’s Advantage Saver account gives you far more than the usual handful of benefits to make saving and paying regular bills even more easy and convenient, including: • Interest Calculated Daily • Free Westpac Card for automatic withdrawals at Handybank • Direct Credit for Regular Income • Convenient Automatic Payment Facility © Ufestpac I We’re here to help you. g Although unsecured, deposits with Westpac Banking g Corporation are an Authorised Trustee investment. £
Today’s BNZ Investment Recommendations are: Local Authority Stock minimum amount $20,000 yield 18.75% p.a. BNZ Mortgage Bonds minimum amount $20,000 yield 18.50% pa. BNZ Mortgage Bonds minimum amount $20,000 yield 17.75% p.a. Watch this space for up to the minute investment opportunities from the investment leader — Bank of New Zealand. To take advantage of these or any other investment opportunities call: Lloyd Cartwright or Christine Tucker (03) 68343 Ail securities offered subject to availability of paper. Hbnz IMwI YOI IP RANK 6038 D
/ Investment, / Finance / Corporation / / Limited / Investment / Bankers FINANCIAL HIGHLIGHTS FORTHEYEARENDED3I MARCH, 1987 ■ 400 per cent increase in net profit. ■ Annual dividend increased from 14% (7cps) to 16% (Bcps) ■ One-for-eight bonus issue on shares held 1 September, 1987 1986 1987 % sooos sooos Increase Net profit after tax 1,008 5,030 400% Group assets 115,054 167,615 46% Shareholders’ funds 17,522 31,582 80% Return on average shareholders’funds (%) 5.3 23 333% Earnings per ordinary share (cents) 4.2 21.4 409% Net asset backing per 50 cent ordinary share (cents) 82 106 29% Annual dividend rate (cents per share) 7 8 14% Illi Extracts from the Directors’ Report and the Managing Director’s Review year to 31 March 1987 has been one of challenge, enterprise and success for Investment Finance Corporation Limited. “The success of our self analysis is evident in terms of the results reported and the new structure that we now have in place. “The anticipated 1988 results will show further substantial growth in earnings and assets for the company.” For a copy of our Annual Report please write to The Companysecretary, Investment Finance Corporation Limited. P.O. Box 6072 Auckland 1.
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Press, 28 July 1987, Page 26
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348Page 26 Advertisements Column 1 Press, 28 July 1987, Page 26
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