BANK OF NEW ZEALAND.

Evening Post, Volume LXXXV, Issue 150, 26 June 1913, Page 6

BANK OF NEW ZEALAND.

BALANOK-SHHET at Slat MARCH, 1913.

LIABILITIES. CAPITAL— £ 8. d. £ s. d.' 4% Guaranteed Stock 1,000,000 0 0 Preference Bhares fully paid up issued to the Grown under the "Bank of New Zealand Aot, 1903," iecs. 9 »ndlo 500,000 ft t Ordinary Shares 160,000 at £6 : 13 ; 4 £1,000,009 N PaioT up to £3 : 6 : 8 per * * Share .. 600,000 0 0 — 2,000,000 0 0 R«serv« Fund ... ... 1,200,000 0 0 Notes i* Circulation 994.680 0 0 Deposits 16,414,639 18 3 , Bills Parabla and other Liabilities (including provision for doubtful debts and for depreciation in Investment Securities) 1,367,081 416 Balance of Profit and Loss ... 283,117 15 2 f 22,259J518 18_3 PROFIT A Dividend on Preference Bhar«s 20,000 0 0 Dividend on Ordinary Bhares 30,000 0 0 Bonus on Ordinary Shares ... 15,000 0 0 Amount transferred to Reserve Fund ... 200000 0 0 Balance carried down 40,587 13 5 £305,587 13 5 Twelve month*' intflrwt on Guaranteed Stock 40,000 0 0 Amount written off Bank Premises and Furniture 40,000 0 0 Interim Dividend paid sth December, 1913— . 6% on Preference Shares, £500,000 - 30,000 0 0 •> 6% on Ordinary Share*, £500,000 ... 30,006 0 0 60,000 0 0 Balance, being Net Profit for year 303,630 1 » Amount brought forward from last year ... 40,58713 6 343,11715 2 Less Interim Dividendpald as above ... 60,000 0 0 283,117 15 2 £483,117 15 3 RESERV: ' ' £ STST Balance «. m «. ... 1,375,000 0 0 £1375,000 0 0 B. It. LITOHFIELD, Chief Auditor.

ASSETS. £ s. d. £ 8> d Coin and Cash Balances at Bankers 1 8,069,857 6 3 Bullion on hand and in transit 79,072 12 9 Money at Call and Short Notice, Government Securities and other Securities in London ... 4,081,938 9 1 Bill* Beoeiv- ' able in London and in transit 1,847,138 8 3 — — — 6,928,16410 4 Investments in the Colonies— Colonial Goternment Securities 719,281 • 0 Municipal Securities ... 237,987 4 I Bills Diieounted 1,853,254 3 7 Other Advances * Securities aad Debts due to the Bank ... 9,504,074 19 8 Landed Property, Premises, etc. 407,827 1 0 £32.259,518 18 3 !u*D LOSS. Balance 31st March. 1912 „ 305,587 13 5 i , £305,687 13 5 Balance brought dawn ... 49,587 13 5 Profits for year ended 31at March, 1913, including recoveries, and after payment of and provision t or, all mi arest due and accrued on deposits, provision for bad and doubtful debts, and for an. nual donation to Provident Fund 686,805 6 1 Leßß— Salaries and A l l ow ances £188,662 19 6 Directors' renumeration £3,250 0 0 O eneral Expenses £50,742 18 0 Audit Kxpenses ' £2,247 15 7 Bates &, taxes £59,371 11 3 304,375 4 4 — — 1 812,530 1 9 JB4JUI7 15 2 rE FUND. ( ' Balance per last Statement 1,200,000 0 0 Amount to be added from Profits for year ended 31st March, 1913 175,000 0 0 1 *■ f £ii37sT6oo"ori) W. CALLENDER, General Manager. A. MCLENNAN, pro Accountant.