Bank of New Zealand
Abridged Balance Sheet as at 31st March, 1939
LONG-TERM MORTGAGE DEPARTMENT
LIABILITIES. £ s.. d. Capital— Preference Shares issued to the New Zealand Government 1,875,000 0 0 C Long-Term Mortgage Shares issued to the New Zealand Government 234,375 0 0 D Long-Term Mortgage Shares 468,750 0 0 Ordinary Share Capital . . 3,750,000 0 0 6,328,125 0 0 Reserve Fund (Invested in British Government Securities) 3,575,000 0 0 Long-Term Mortgage Debenture Stock 607,050 0 0 Notes in Circulation . . 627 0 0 Deposits • . . . - 33,328,478 19 0 Balances due to Other Banks 27,717 7 0 Bills Payable and Other Liabilities . . 5,248,240 2 3 Reserve for Taxes 426,000 0 0 London Office acceptances under credits . . 41,342 19 1 Transfers from Long-Term Mortgage Department . . 458,698 10 8
PROFIT AND LOSS. £ s. d. Net Profit for Year Brought forward from last 585,940 12 4 year 373,880 8 2 959,821 0 6 Less Interim Dividend 293,359 7 6 Balance of Profit and Loss Account 666,461 13 0 £50,707,741 11 0
LONG-TERM MORTGAGE FUND— £ s. d. Capital ... . . . . 703,125 0 0 Debenture Stock . > .. 607,050 0 0 £1,310,175 0 0
ASSETS Coin, Reserve Bank Notes and Deposits with £ ft. a. Bankers Notes of Commonwealth and Fijian Govern7,677,918 18 2 ments and Samoan Administration 98,736 15 0 Balances due by Other Banks Money at Call and Short Notice, Government and Other Securities, and Bills Receivable 42,439 3 11 in London and in transit Investments in Government, Municipal and other Local Bodies’ Securities in New 5,323,139 18 6 Zealand and Australia 6,294,511 8 10 Remittances in transit between Branches . . 1,978,715 0 8 Bills Discounted and other Advances and 21,415,461 5 1 Securities and Debts due to the Bank . . 27,202,739 12 1 Landed Property, Premises, etc. Liabilities of customers for acceptances, per 738,022 14 • contra 41,342 19 1 Long-Term Mortgage Department .. ,, 1,310,175 0 0 £50,707,741 11 0
£ s. d. Loans • 851,476 9 4 Transfera to Bank . . »-• . 458.698 10 8 £1,310,175 0 0
Permanent link to this item
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Bibliographic details
Waikato Times, Volume 124, Issue 20832, 16 June 1939, Page 10
Word Count
321Bank of New Zealand Waikato Times, Volume 124, Issue 20832, 16 June 1939, Page 10
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