BANK OF AUSTRALASIA (Incorporated by Royal Charter, 1835.) £4,500,000 Reserve Fund (used in the tjusine ss of the Bank) ... . • £13,475,000 MNETY-MNTH ANNUAL K E POKT s WITH THE ACCOUNTS FOR THE YEAR TO 10th OCTOBER 1032 B & N cW ERAL REPORT. thG Tothis has to beJd'lcd £^ 0 0 G^/ /. bt ° was" paid as“an renresentinir for the year a distribution at the rate of 7 per cent., ie..s w/vmnir> -P1 no /o/_ +/-, hp carried forward to the next account. WX l Tl“ a Dividen’d^w / be° London, Australia, and New Zealand on 31st 9 rC pj rectors retiring bv rotation are: —The Rt. Hon. Lord Aldenham, Mr. Kenneth Goschen, and Mr. Horace Peel, who, being eligible, offer themselves for re " el Thei;on<lon Manager, Mr. Edmund Godward, is at present in Australia. The Auditors,'Messrs. Deloitte, Plender, Griffiths, and Co., offer themsehes for. re-election. flate of , the ](ls( . Kpport: Branches at Canberra (Federal Capital Territory). Nuriootpa, in South Australia: Dowerin and Subiaco, in Western Australia; and Manaia and Raetihi, in New Zealand, have been closed. 4 Threadnecdle Street, London, HAROLD NET,SON, Chairman. 20th March, 1933. PROFIT AND LOSS ACCOUNT l3, 1931, TO OCTOBER 10, £sd£s d £ s d Balance brought forward from October, 1931 151,003 »■ 2 Profit for the rear to October 10, 1932, after deducting Rebate on Bills current at Balance date (£17,908/7/3), and after making a transfer to the credit of Contingencies Account, out of which account provision for all Bad and Doubtful Debts ~.»•« is » has been made 1.H5.00- io - Less: I. Charges of Management.—Australasia Salaries and allowances to the Staff, including the Superintendent's Department and 229 Branches nnd Agencies .. 476,956 < 11 General Expenses, Including rent, re- , pairs, stationery, travelling, etc. 106,.;>l 2 1 London— Salaries 32,123 7 7 General Expenses 8,582 0 i 624,412 18 2 IL Rates and Taxes— Australasia and London, 238,619 18 * . , —" odd. Uv- Ju — 254,969 IS 10 .’ . 406.033 2 0 From which deduct: Dividend, less Income Tux, at 5/- in the £1 paid September 30, 1932 101,-aO 0 0 Transferred to Dividend Account, pay- \ n « able March 31, 1933 ISo.OOO 0 0 „ g 0 „ 0n () 0 Balance carried forward per Balance-sheet 169.783 2 0 BALANCE-SHEET, OCTOBER 10, 1932. ■ LIABILITIES. ASSETS. £sd■ £ s d Circulation 334,031 0 0 Specie, Bullion. Government Deposits at Interest .... 27,969,002 IS 2 Notes, and Cash Balances 7.931,814 10 5 Current Accounts 11,051,627 6 4 Loans at call, and at short Bills payable, Drafts In notice 60,000 0 0 Transit, and other Lla- British Government Securi- , bllltles, Including provi- ties ... -’.01a,239 14 < slon for contingencies .. 3,915,980 16 11 Government Securities of Acceptances for Customers, „ Australasia and other inas per contra 182,137 13 6 vestments 8,0»>8.2<0 9 5 Bills Receivable and Remit42,552,779 14 11 tances in transit 2,124,952 5 9 Capital: 900,000 ‘ Advances on Securities and Shares of £5 other Assets 31,011,981 6 10 each, fullv . Liability of Customers for paid .... £4,500,000 0 0 Acceptances as per contra 182,137 13 6 (There Is un- Bank Premises and Sites in der the Char- Australia, New Zealand. ter a reserve and London, at Cost, less ‘ liability of Amounts written off .... 468,166 16 5 the Proprietors Note. —The Australian and of £5 per Zealand assets and liabfliShare.) - tics are included at the par Reserve Fund rates of exchange and the (used In the net difference which would business of the have arisen had they been bank) .... 2,475,000 0 0 converted at the rates rnlCurrency Reserve ing at the date of the Bal(used In the ance-sheet is covered by business of the the Currency Reserve bank) 2,000,000 0 0 Dividend payable March 31,1933 135,000 0 0 Profit and Loss Account Balance 169,783 2 0 9,279,783 3 0 £51,832,502 16 11 £51,832,562 16 11 A. H. BULLOCK, Accountant. G. C. COWAN, Secretary. AUDITORS’ REPORT TO THE PROPRIETORS. We have examined the above Balance-sheet with the books of the Bank in London nnd with the Returns received in London from the Branches in Australia and New Zealand. We have verified the Cash Balances, Loans at Call and Short Notice, Bills of Exchange, Investments and Securities held in London. We have obtained all the information and explanations we have required, and, in our opinion, the above Balance-sheet is properly drawn up so as to exhibit/ a true and correct view of the state of the Bank’s affairs, according to the best of our information and the explanations given to us, and as shown by the books in London and the Returns from the Branches. > DELOITTE, PLENDER, GRIFFITHS, and Co., Auditors. London, March 15, 1933. 4
BUSINESS NOTICES T ONDON AND LANCASHIRE INSURANCE CO., LTD. FlRE—Building and Contents of every description. MARINE—AU Classes of Marine Insurance, including Passengers’ Baggage, covered for any voyage. Wool covered from sheep’s back to London. ACCIDENT — Workers' Compensation, Personal, Accident, and Sickness Policies, Plate-glass and Fidelity Guarantee Insurance. MOTOR-CAR—Comprehensive Policies covered, damage by Fire and Accident. Full particulars and rates on application to Johnston and Co., Ltd., Agents and Attorneys, IG3 Featherston Street, Wellington. Phone 40—562. TO SAVE STORAGE , PRIOR TO MOVING FMOM KELBURN AVENUE. MILLIGAN’S ARE OFFERING THEIR STOCK OF HIGH CLASS SUITINGS DIRECT TO THE PUBLIC AT WHOLESALE PRICES THIS WEEK ONLY FOR SINGLE SUIT LENGTHS. Take Care of Your Eyesight EXPERT OPTICIANS. QPEAB AND MURRAY, LTD. ° 7 Willis St Tel. 43—369. Est over 30 Years. Masseur and Chiropodist. BUSTI’S BUILDINGS, 131 Willis Street (n few doors above Pcrrett’s Corner). ('i O. JORGENSEN. T.S.T.M.. London. Tel. 50—956. HPHE demand for improvement in many lines of Machinery was never greater than at present. Everywhere Manufactures are seeking fresh ideas, new methods. Can you 'nvent anything of commercial value? If you can it may prove profitable. But get your idea protected. Interview Messrs. Baldwin, Son, and Carey, Patent Attorneys and Consulting Engineers. TH Lambton Quay, Wellington. WANTED TO SELT,. J A ERY AN D • C 0.. L T D.. ■*' J Fruit Exchange. WELLINGTON. Have full supplies of —_ African Crushed Maize. African Mnizemeal. Farm Food. Australian and New Zealand Fowl Wheat. Machine-dressed Seed Oats, including: Algerians. Black and Duns. Special prices on application, for IJ-ton lots or over.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19330503.2.61.1
Bibliographic details
Dominion, Volume 26, Issue 185, 3 May 1933, Page 8
Word Count
1,009Page 8 Advertisements Column 1 Dominion, Volume 26, Issue 185, 3 May 1933, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.