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BANK OF NEW ZEALAND. A.—Balance-sheet at 31st March, 1920.

_ , . . ..II _ II Liabilities. fc Assets. Capital— £ s. d. £ s. d. £ s. d. Four-per-cent. guaranteed stock .. : .. ..I 529,988 10 6 Coin and cash balances at banker's .. "A" preference shares fully paid, issued to the New Zealand Government notes —Commonwealth. Fijian, and Scimoan AdGovernment .. .. .. .. .. .. 500,000 0 0 ministration "B " preference shares fully paid, issued to the New Zealand Notes of other banks (legal tender) .. Government ., .. .. .. .. .. 250,000 0 0 Bullion on hand and in transit Ordinary shares (150,000 at £6 13s. 4d., £ s. d. Money at call and short notice, Government securities, and other £1,000.000), paid up to £3 6s. 8d. per share 500,000 0 0 securities in London .. .. .. .. .. 19,622,410 15 1 Call of £3 6s. 8d. per share, payable ist April, Bills receivable in London and in transit .. .. .. j 661,230 19 11 1920. Amount paid in advance .. 347,453 6 8 847,453 6 8 Investments in the Dominion — . New ordinary shares (75,000 at £6 13s. 4d.), fully t>aid .. 500,000 0 0 New Zealand Government securities .. .. .. 3,497,553 10 0 ■ — 2,627,44117 2 Municipal securities .. .. .. .. .. '327,210 10 0 J . Reserve Fund .. .. .. .. ... .. .. 2,350,000 0 0. Commonwealth and Fijian Government securities .. .. i Notes in circulation .. .. .. .. .. .. 5,765,337 10 0 Bills discounted Deposits .. .. .. .. .. .. .. ... 37,661,610 15 6 £ s. d. 8,371,535 11 0 297,712 0 C 56,370 0 C 46,668 7 5 20,283,641 15 C , (Ui V U 239,316 13 4 1,502,233 9 10 Other advances and securities, and debts due to the bank Bills payable and other liabilities, including provision for doubtful debts and for depreciation in investment securities, also Landed property, premises, <fec. contingencies .. .. .. .. .. .. .. 3,70S, 305 0 11 17,929,615 0 11 361,108 8 4 Reserve for Taxes .. .. .. ... .. .. .. 340,000 0 0 " Balance of Profit and Loss .. .. .. .. .. .. 460,270 2 3 52,912,965 5 10 £152,912,965 5 10 £J This is the balance-sheet referred to in the certificate on attached Profit and Loss Statement, marked " B." —Richard W. Gibes, Chief Auditor.

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