SANK OF NEW ZEALAND.

Dominion, Volume 8, Issue 2492, 19 June 1915, Page 4

SANK OF NEW ZEALAND.

BALANCE] SHEET at 3ist MARCH, 1915.

LIABILITIES, CAPITAL— ' £ i. d. 4% Guaranteed Stock — 528,938 10 6 "A" Preference Shares, fully paid, issued to the New Zealand Government - ... 500,000 0 0 "B" Preference Shares, fully paid, issued to tho New Zealand Government ... 250,000 0 0 Ordinary Share?, 150,000 at Pai'd up to £3 :6: 8 per Share 500,000 0 0 New Ordinary Shares, 75,000 at £6:13:4 Ol which paid up at date ... 475,710 0 0 2,254,698 10 0 Reserve Fund 1,915,536 7 2 Notes in Circulation 1,076,051 0 0 Deposits ■' "• ". 13,741,057 3 3 Bills Payable and other Liabilities (including provision for doubtful debts and for depreciation in Investment Securities) 1,670,103 710 Balance of Profit and Loss ... 270,394 10 0 19 6 PROFIT A] -Dividend on "A" Preference Shares '0,000 0 0 Dividend on Ordinary Sharei 30,000 0 0 Bonuß on Ordinary Shares ... 15,000 0 0 Amount transferred to Reserve Fund 175,000 0 0 Balanoe carried down 51,608 8 10 £201,608 8 10 Twelve months' interest on • Guaranteed Stock ... — 26.65015 4 Amount written oft Bank Preniises and Furniture ...' ... 50,000 0 0 Interim Dividend paid 12th December, 1914 — 6% on "A" Preference Shares, 30,000 0 0 6% on "B" Preference Shares, 15,000 0 0 6% on Ordinary Shares, ... 55,699 19 < . 100,699 19 6 Balance, betas Net Profit for ye( £ 319,486 1 6 Amount brought - forward from last year ... 61,608 810 371,094 10 3 Less Interim Dividend paid as above ... 10 6 270,304 10 9

£447,775 5 7 | ~~ : ' 1 ~ liESEBV: : £ To - Balance •>< . 2,0001000 0 0 £2.000.000 0 0 B. 11. LITCHFIELD, Chief Auditor.

. ASSETS. £ 0. d. £ 6. d. Coin and Cash Balances at Bankers 4,611,060 16 9 Bullion on hand and in transit V 10.461 9 3 Monay at Call aud Short Notice, Govorn- . uxent Securities and other Securities in London 5,136,996 14 7 Bills Recciv:ihle in Loudon und in transit 3,301,301 8 11 8,438,298 3 C Investments in the ColonieaColonml cmmentHecurities 718,681 0 0 Municipal Seeuritica ... 6 6 961,687 6 8 BiHa Discounted 1,186,458 10 11 Other Advances & Securities and Debts due to the Bank... 10,662,707 4 6 Landed Property, Premise!, etc, 461,867 8 3 £J6,5J8,440J9 J IND LOSS. Balance 31st March, 1914 « 501,603 810 £291,608 "8 10 Balanoe brought down ... 61,608 810 Profits for year ended Slai March, 1915, includingrecovcries, and alter payment ot and provision for, all interest due and accrued on deposits, provision for bad and doubtful debts, for annual donation to Provident Fund and for Bonus to Staff . 765,239 15 0 Less— Salaries and All ow ances £211,320 13 2 Directors' remuneration £4,173 6 3 General Expenses £66,722 0 7 Audit Kxpenses £2,309 8 6 Kates A taxes £74,548 11 10 359,072 18 S ... : 396,166 18 8

j £447,775 5 7 fE FUND. 2 STcL Balance per last. Statement 1,650,000 0 0 Premium on New Shares issued, less expenses of issue 305,638 7 3 Amount to be added from Profits for year euded 31st : March, 1915 84,46312 10 t&IM,WI Fo W. OALLENDER, General Manager. A. MCLENNAN, Accountant.