BANK OF NEW ZEALAND.

Greymouth Evening Star, 19 June 1912, Page 4

BANK OF NEW ZEALAND.

BALANCE-SHEET at 31st MARCH, 1912.

LIABILITIES. CAPITAL— £ a. d. £ 6. d. 4%'Guaranteed Slock 1,000,000 0 0 Preference Shares, fully imid up issued to the Crown under “The Bank of New Zealand Act, ■ ' 1903,” sees. 9 and 10... .-. 500,000 0 0 /Ordinary ( Shares 150,000 , ai £6 : 13 : 4 ‘ . j £1.000,000 V :: Paid up to' .£3:6:8 per '.Share ... 500,000 0 0 Reserve Fund ... . ... 1,000,000 0 0 Notes in Circulation ... ... 1,030,960 0 0 Deposits ... 15,833,807 13 9 Bills Payable mnd other Liabilities ( including provision for doubtful debts and for depreciation in 'lnvestment Securities) ... 1,367,483 4 0 Balance of Profit and Loss ... 305,587 13 5 £21.587,904 10 2

ASSETS. £ a. d. S s. d. Coin and Cash Balances at Bankers - 2,900.097 4 0 Bullion on hand and in transit 204,115 16 0 Money at Call and tice, Government Securities and other Securities in London ... 3,316,159 19 3 Bills Receivablein London . , and in transit 2,400,206 0 1 Investments in the colonies— Colonial Government Securities 1,019,581 0 0 Municipal Securities Assets- Realisation Board Assets —Balances owing by Purchasers 136,350 o 10 Bills discounted ... 1,321,075 5 0 Other Advances & Securities and Debts due to the Bank... 9,667,748 1 0 Landed Property,Premises,etc. 420,533 0 1 • • £21.537.904 10 2

' PROFIT AND LOSS.

Balance 31st March, 1911 •• 299,405 7 6 i £299,405 7 6 Balance brought down , ... 34,405 7 6 Profits for year ended 31st March, 1912, including recov- • cries, and after r>-i vment, of, and provision lo . til interest due and accrued on deposits, provision for bad and doubtful debts, for donation to Provident Fund, and for bonus to stall 681,034 14 8 Less Salaries and’ All o w a nces £171,317 17 9 Directors’ remuneration £3,250 0 0 General Expenses £62,544 9 2 Audit Expenses £1,968 15 2 Rales A taxes £55,771 6 8 284,852 8 9 £430.587 13 5

Dividend on Preference Shares 30,000 0 0 Dividend on Ordinary Shares 80,000 0 0 Bonus on Ordinary Shares ... 15,000 0 0 Amount transferred to Reserve Fund 200,000 0 0 Balance curried down 34,405 7 6 £299,405 7 6 Twelve months’ interest on Guaranteed Stock '■■■ 40,000 0 0 Amount written off Bank Premises and Furniture ... ••• 25,000 0 0 Interim' Dividend paid 4th December, 1911— ,8% on Preference Shares, £500.000 ... 30,000 0 0 0% on Ordinary Shares, £500,000 ... 30,000 0 0 Balance, being Net Profit for year A - 331,182 511 Amount brought forward from last year ... 34,405 7 6 305,587 13 5 Less Interim Dividend paid as above ... 60,000 0 0 — 305,587 13 5 £430.587 13 5

RRSERVT

*E FUND.

L e. d. : £ s. d. Balance 1,200,000 0 0 Balance per last Statement ... 1,000,000 0 0 Amount to be added from ». Profits lor year ended 31st ' March, 1912 200,000 0 0 111.200.000 . 0 0 . i. 1.200.000 0 0 B, M. LITCnFIKI.It, Vi'. CA J.LKND Kl{. General Manager. chief Auditor. C I l ’. A. MAOIiKAN, Accountant-