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Bank of New Zealand

bridged Balance Sheet as at 31st March, 1937

LONG-TERM MORTGAGE DEPARTMENT

LIABILITIES. £ s. d. Capital— Preference Shares issued to the New Zea1,875,000 land Government 0 0 C Lone-Term Mortgage Shares issued to 234,375 the New Zealand Government 0 0 D Long-Term Mortgage Shares ■ . 468,750 0 0 Ordinary Share Capital . . • • 3,750,000 0 0 ' 6,328,125 3,575,000 0 0 Fund (Invested in British Government Securities) 0 0 Long-Term Mortgage Debenture Stock 607,050 0 0 Notes in Circulation . . 628 0 0 Deposits Balances due to Other Banks A . 35,636,112 92,256 0 11 6 0 Bills Payable and Other Liabilities . . Reserve for Taxes 4,084,806 426,000 7 0 1 0 London Office acceptances under credits • • 62,440 6 1 Transfers from Long-Term Mortgage De372,059 10 partment 4 £51,184,477 9 6 PROFIT AND LOSS. d. X s. Net Profit for Year • • 600,008 Brought forward from last 4 6 year . . ■ • •• 339,100 7 9 939,108 12 3 Less Interim Dividend . 293,359 7 6 Balance of Profit and Loss Account • • 645,749 4 9 £51,830,226 14 3

0 0 SZ.VOlSl'f 0 0 0S0‘Z09 • • • \ • • ojnjuoqaq 0 0 szTsoz •p *s J ~amj 3DVDJLHOIAI

ASSETS t •» .!<?•’ Coin, Reserve Bank Notes and Deposits with 7,929,471 8 0 Bankers ♦ • • ■ • • Notes of Commonwealth and Fijian Govern144,784 ments and Samoan Administration 5 0 Balances due by Other Banks 31,401 18 8 Money at Call and Short Notice, Government and Other Securities, and Bills Receivable 8,461,345 in London and in transit . . o i Investments in Government, Municipal and other Local Bodies’ Securities in New • • 14 10 Zealand and Australia 7,957,019 Remittances in transit between Branches .. 1,584,679 3 9 Bills Discounted and other Advances and 26,108,701 10 4 Securities and Debts due to the Bank . • 23,663,948 12 1 Landed Property, Premises, etc. . . . Liabilities of customers for acceptances, per 684,961 5 9 contra 62,440 6 1 Long-term Mortgage Department ... 1,310,175 0 0 ■ 1 • \ ' f - . £51,830,226 14 3

Loans Transfers to Bank ' V. • « • £ s. d. 938,115 15 2 372,059 4 10 £1,310,175 0 0

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GEST19370611.2.66

Bibliographic details

Greymouth Evening Star, 11 June 1937, Page 9

Word Count
326

Bank of New Zealand Greymouth Evening Star, 11 June 1937, Page 9

Bank of New Zealand Greymouth Evening Star, 11 June 1937, Page 9

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