AGGREGATE BALANCE SHEET OF THE Bank of New South Wales 3OTH SEPTEMBER. 1928LIABILITIES £ s. d. £ s. d. ASSETS £ 8. <L £ 6- <*• Notes in Circulation 633,262 0 0 Coin, Bullion, GovernDeposits, Accrued In- ment Legal Tender • tcrest, and Rebate 64,514,554 13 8 Notes and Cash at 65,147,816 13 8 Bankers .. .. 15,271,586 211 Bills Payable and other Liabilities Notes of other Banks 14,397 0 0 (which include Reserves held for Money at short call in. * Doubtful Debts, Amount at Credit of London ... .. 700,000 0 0 Investments Fluctuation Account, Short-dated British and Amounts Due to Other Banks) 7,200,130 4 1 Treasury Bills .. 2,000,000 0 0 Paid-up Capital .. £7,500,000 0 0 Investments — British Reserve Fund ..£5,650,000 0 0 and Colonial GovernProfit and ment Securities .. 9,940,440 17 2 Loss £1,355,559 3 11 Municipal and other Less Interim Securities .. 461,229 0 0 Dividends Due by other Banks 657,077 14 4 t 0 30th Bills Receivable in j une> London and Remit1928 £561,905 10 0 tances in transit .. 4,668,501 13 8 793,653 13 11 33,713,232 8 1 13,943,653 13 11 Bills Discounted, and Loans and Advances to Customers •.. 51,353,368 3 7 £86,291,600 11 8 Bank Premises .. .. r.. 1,225,000 0 0 Contingent Liabilities— £B6 291 600 11 8 Outstanding Credits, as per Contra 2,690,984 10 1 Liabilities of Customers and others on Letters of Credit, as per contra 2,690,984 10 1 £88,982,585 1 9 £88,982,585 1 9 ■i ; _ JBr. PROFIT AND LOSS, 30th SEPTEMBER, 1928 €r. £ s. d.. £ s. d. To Interim Dividends for Quarters ended By Amount from last Account .. .. 170,615 19 11 31st December, 1927, 31st March, 1928, „ Balance of Year’s Profits after deductand 30th June, 1928, at 10 per cent, per ing Rebate on Current Bills, Interest annum, paid in terms of Clause 105 of on Deposits, paying Income, Land and Deed of Settlement out of the Year’s other Taxes amounting to £294,345 4 10 Profits ... ■ .. 561,905 10 0 'reducing valuation of Bank Premises, Balance proposed to he dealt -with as providing for Bad and Doubtful Debts, ■folloics: — and fluctuations in the value of InvestTo Quarter’s Dividend to ments Securities, and including 30th September, 1928, at recoveries from Debts previously writthe rate of 10 per cent. ten off as bad ud m m 1,184,943 4 0 per annum, out of the Year’s Profits .. ..£187,500 0 0 „ Bonus of 10/- per Share out of the Year’s Profits .. .. 187,500 0 0 „ Augmentation of the Reserve Fund . . 250,000 0 0 „ Balance carried forward 168,653 13 11 793,653 13 11 £1,355,559 3 11 £1,355,559 3 11 3Br. RESERVE FUND, 30th SEPTEMBER,-1928 Cr. ■ i - £ s. d. £ s. d. To Balance- (used in the business of By Balance .. .. .... h-.-£5,650,000 0 O. the Bank) .. ... ... 5,900,000 0 0 „ Amount from Profit and Loss an- 250,000 0 0 i £5,900,000 0 0 £5,900,000 0 0 By Balance ot ot ot k-. £5,900,000 0 0 OSCAR LINES, General Manager. SHEPHEARD E. LAIDLEY ) F. D. HOBBS, Chief Accountant. G. H. RANKEN jAunrrqiß. Audited, 16th November, 1928. I
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Dominion, Volume 22, Issue 80, 28 December 1928, Page 12
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643Page 12 Advertisements Column 5 Dominion, Volume 22, Issue 80, 28 December 1928, Page 12
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