Bank of New Zealand

Wairarapa Times-Age, 20 June 1941, Page 7

Bank of New Zealand

Abridged Balance Sheet sss at 3‘lst March, 8 941

LIABILITIES £ i. <L C'.ipiMl— Pickrence Shari'*; issued to (he New /.c.iL'anl Govern* n'lens 1,875,000 0 0 C Long-Term Mortgage Shares issued to the New Zealand Government .. 214,375 0 0 13 Long-Term Mortgage Shares -168,750 0 0 Ordinary Share Capita! .. 3,750,000 0 0 6,328,125 0 0 Reserve Fund (Invested in British Government Sccuihic.i) - 3,575,000 0 0i Noles in Circulation . . 627 0 0 i Deposits . . . . . • 39,590,874 6 1 j Balances due to Other Banks 14,962 15 » ] Bills Payable and Other Liabilities . . •• 4,880,971 13 1 1 Reserve for Taxes . . 576,000 0 (| London Office acceptances under credits . . • • 87,339 18 10 Provision for Long-1 erm Mortgage Debenture Stock due but not presented . . 1,700 0 0 PROFIT AND LOSS I s. <l. Net Profit for Year 961,909 4 5 Brought forward from last year .. 392,309 18 10 854,219 3 3 Less Interim Dividend 293,359 7 6 Balance of Profit and Loss Account 560,859 15 <> X55,616,4(70 9 10

• ASSLFS £ s. d. Coin, Reserve B.tul. NUim and DcpiLhs vhh Baukru 10,419,733 10 2 Notes of Uommoubcahh and Fijian Go\i: ihhchCs and Samoan Administration .. 82,895 15 0 Balances due by Other Banks 4 51,016 2 5 j Money at Cal! and Short Notice, Government and Other Securities, and Bills i Receivable in London and in transit . . . . 7,4 38,076 0 5 Investments in Government, Municipal and other Local Bodies’ Securities in New Zealand and Australia .. 9,526,896 6 10 Remittances in transit between Branches .. 1,526,041 9 2 29,464,659 4 0 Bills Discounted and other Advances and Securities and Debts due to the Bank 24,495,719 5 5 Landed Property, Premises, etc. 791,284 11 10 Liabilities of customers for acceptances, per contra .. 87,339 18 10 Long-Term Mortgage Department . . . . . . 777,4 57 9 9 j £55,616,460 9 10