BANK OF NEW ZEALAND.
Abridged Balance-Sheet as at 3is~t March, 1922.
PROFIT AND LOSS.
LIABILITIES. Capital . 4% Guaranteed Stock ••• Preference “A” Shares, fully paid, issued to . the New Zealand Government ... Preference " B ” Shares, . do. do. Ordinary Shares, fully paid Reserve Fund ••• — . Notes in circulation Deposits Bills Payable and Other Liabilities — Reserve for Taxes Balance of Profit and Loss--- .£ s. 529,988 10 500,000 0 625,000 0' 2,250,000 0 3,904,988 10 1,525,000 0 4,294,230 0 28,676,603 6 3,713,175 9 426,000 0 790,193 11 d. 6 0 0 0 6 0 0 7 10 0 3 ASSETS. £ s. d. .Coin, Bullion, Cash Balances and Deposits with Bankers ••• ••• _ ••• ••• 7,430,268 16 8 Notes of Commonwealth and Fijian Governments and Samoan Administration; and Legal Tender Notes of Other Banks ••• ••• ••• 292,608 15 0 Money at Call and Short Notice, Government and other Securities, and Bills Receivable in London and in transit ••• ••• ••• 6,975,263 13 6 Investments in Government and Municipal Securities 3,552,016 15 10 18,250,158 1 0 Bills Discounted and other Advances and Securities and debts due to the Bank ••• ... 24,783,560 2 5 Landed Property, Premises, etc, ... ... 296472 14 9 43,330,190 18 J 43.330,190 18
Twelve months’ interest on Guaranteed Stock 21,199 10 2 Balance brought forward from last year 361,275 16 9 Amount written off Bank Premises and Furniture 50,000 0 0 Balance of Profits for the year ended 31st March, Dividend paid 17th December, 1921, including recoveries, and after payment of and on Preference Shares 71,875 0 0 provision for Interest on Deposits, Salaries and „ Ordinary Shares ••• 131,250 0 0 203,125 0 0 Allowances (.£377,514 3s, 6d.), Directors' Remuneration C£7,275), General Expenses 19s. Id.), Rates and Taxes (.£577,839 15s. 4d). Donation to Provident Fund, Special grant to increase pension benefits, Bonus to Staff and others, Bad and Doubtful Balance ••• 790,193 11 3 Debts, and contingencies 703,242 4 8 . 1064,518. 1 J 1,064,518 1 J RESERVE FUND. Balance .. 1,675,000 0 0 Balance per last statement Balance to be added from Profits for year ended 1,525,000 0 0 31st March, 1922 150,000 0 0 — 1,675,000 0 0 1,675,000 0 J
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Greymouth Evening Star, 16 June 1922, Page 2
Word Count
342BANK OF NEW ZEALAND. Greymouth Evening Star, 16 June 1922, Page 2
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