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P. AND O. BANK.

.The P. and O. Banking Corporation mad© £'135,215 net profit! for the yeqr to 31st Starch last. This compared with £138,382 for 1023-24. Dividend proposed is 5 per cent., as "against 5J per cent; for last year; £25,00 is to bo placed to reserve, as against £20,----000, and £.50.00 has been added 1 to premises owing to the uncertain conditions in tho Far East. Tho sum brought in ia £15,17 D, and. £17,507 will be carried forward. Balancesheet comparisons (as at 81st March) are as .under:—

labilities- £ Capital issued 2,594,160 Reserve ■ 135,000 Deposit? 9,191,218 Loans' payable fi,85a,233 , Onsh. money at call, etc. ...':...'. 3,418,134 Assets — Bills discounted, etc. 6,647,178 Investments 1,424,407 Loans receivable 0,830,357 Advances 5,850,22G £ 2.594,160 100,000 9,419,041 3,780,110 2,47G,224 4,621,531 1,340,605 4,074,444 8,587,140

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19250829.2.103.7

Bibliographic details

Evening Post, Volume CX, Issue 52, 29 August 1925, Page 9

Word Count
128

P. AND O. BANK. Evening Post, Volume CX, Issue 52, 29 August 1925, Page 9

P. AND O. BANK. Evening Post, Volume CX, Issue 52, 29 August 1925, Page 9