Page 14 Advertisements Column 4

Otago Daily Times, Issue 22064, 21 September 1933, Page 14

THE INVESTMENT EXECUTIVE TRUST OF NEW ZEALAND LIMITED. BALANCE SHEETS AND REVENUE ACCOUNTS FOR 18 MONTHS ENDING 30th JUNE, 1933. CONSOLIDATED BALANCE SHEET AS AT 30th JUNE, 1933. LIABILITIES. Authorised Shave Capital £IOO,OOO, in 250,000 Ordinary Shares of 2/ench, and 75,000 Preference Shares of £1 each. Nominal Ordinary Share Capital Less Unallotted Shares Ordinary Share Capital Subscribed Less Uncalled Nominal Preference Share Capital Less Unallotted Shares Preference Share Capital Subscribed Less Calls in Arrear .. s. d. s. d. 25,000 509 2-1,385 14 0 Paid-up Share Capital Authorised Debenture Capital £4,000.000, in 400,000 First Mortgage Perpetual Income Debentures of £lO each. Debenture Capital Subscribed .. .. .. 355,020 0 0 Less Deferred Payments 15,803 12 0 Paid-up Debenture Capital Resenes (Debenture Holders) .. . • • • Appropriation Account (Debenture Holders) Less Interest paid 30th .Tune, 1932, and 31st December, 1932 Appropriation Account (Shareholders) brought forward .. •., Net profit for period Less Preference Share Dividends paid 30th June, 1032, and 31st December, 1932 .. Sundry Creditors .. .. 5,590 0 20,925 14 330,150 8 0,019 0 17,398 6 8 7,529 12 8 917 2 1,237 10 9 1,247 7 11 200 22 9,808 14 0 1,047 5 237 13 £380,25*4 15 1 ASSETS. Establishment, Records, and Statistics — Debenture Holders Shareholders Office Furniture .. .. Sundry Debtors — re Debenture Holders re Shareholders .. Investments at Cost—re Debenture Holders re Shareholders Deposits at Call (Debenture Holders) Cash at ISanhs — 1 Trust Accounts General Accounts e. d. a. d. 25,375 2 6 18,108 19 8 2,744 5 6 2,398 14 0 43,544 2 210 18 5,142 19 11 310,277 4 7,882 0 11,454 6 11 1,032 10 11 324,159 10 110 0 13,087 3 10 £386,254 15 1 (Signed) ( Signed) ( Signed) W. A. PILEINGTON, Director. W. McARTHUR, Director, H. GLASSON, Secretary. Contingent liability, being uncalled Capital on Investments, mortgaged to Debenture Holders * • * • • 10 u Reserve liability on Bank Shares mortgaged . to Debenture Holders <• • * • * * 10 U r HEREBY CERTIFY that I have examined the Books, Accounts, and Vouchers Of THE kecdt'vhtmst of injma) and as shown by the books and documents of the Company. . 11 Auckland, 12th September, 1933, (Bto*) M. C. O’NEILL, A.P.A.N.Z.. Auditor. CONSOLIDATED REVENUE ACCOUNT FOR EIGHTEEN MONTHS ENDING 30th JUNE. 1933. £ s. d. 3,842 11 4 1,337 10 9 1,933 3 1 Juno 30, 1933. 0 Office Expenses, Salaries, Rent, and Rates Shareholders’ Revenue Account ~ „ Debenture Holders’ Reserve .. • • „ Balance, being net revenue for period transferred to Appropriation Accounts 17,398 O 8 £23,911 11 10 June 30, 1933. , ~ ~ , By Interest received and accrued, Dividends received, and Profits on Sales & s, d. 23,911 11 10 £23,911 11 10 AUDITOR’S CERTIFICATE. T HEREBY CERTIFY that I have examined the books and documents of The Investment Executive Trust Of New zLlfnd Limited relating to its Investments, and that I am satisfied that the following is a true ana ysis of ttuT Investments of the Companyas at the 30th June, 1933, according to class and the divisions hereunder “A » SERIES: “ Snd B ” SERIES: 100 , (1) beSreoSany 8 ’ vt age, and Transport Board Debentures.. 100% bentures ... .. •• •• •• m. 1.1 100% (2) Preference and Ordinary Shares of Banks, «B” SERIES: les .. .. .. 32.02% (1) Government Stocks, Loca! Authority De- . bentures, Company and Corporation De- (3) Preference and Ordinary Shares in Public bentures • • • “ 46 - 29 % Utility, Shipping, and Industrial Com(2) Preference and Ordinary Shares of Banks, panles 16.48% Insurance, Investment and Finance Com- - ——— panics •• 26 - 03% Total ..100% (3) Preference and Ordinary (Shares in Public panics’ ShipplnS ’ and Com- 27 QB% (Signed) M, C. O’NEILL,; A.P.A.N.Z., Auditor. Total .. „ ..100% 4th September, 1933.