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BANK OF NEW ZEALAND. Balance-sheet at 31st March. 1935. Liabilities. Assets. Capital— £ s- d. £ s. d. £ s. d. £ s. d. Preference A fully paid £1 shares issued to the New Zealand Coin, Reserve Bank notes, and deposits with bankers .. 7,031,454 8 6 Government .. .. .. .. .. 500,000 0 0 Government notes: Commonwealth, Fijian, and Samoan C long-term mortgage fully paid £1 shares issued to the New Administration .. .. .. .. .. 113,082 0 0 Zealand Government ' .. .. .. .. 234,375 0 0 Balances due by other banks .. .. .. .. 33,255 4 5 D long-term mortgage fully paid £1 shares .. .. 468,750 0 0 Money at call and short notice, Government securities and Preference B fully paid £1 "shares issued to the New Zealand other securities in London .. .. .. .. 7,585,468 0 8 Government .. .. .. .. .. 1,375,000 0 0 Bills receivable in London and in transit .. .. .. 1,475,537 19 2 Ordinary fully paid £1 shares .. .. .. .. 3,750,000 0 0 New Zealand Government securities .. .. .. 3,147,671 16 0 6,328,125 0 0 Australian Government securities .. .. .. 4,852,138 16 2 Reserve Fund .. .. .. .. •• .. 3,575,000 0 0 Municipal and other local bodies'securities .. .. 299,346 3 11 Long-term mortgage debenture stock .. .. .. .. .. 607,050 0 0 Remittances in transit between branches .. .. .. 1,369,450 17 3 Notes in circulation .. .. .. .. .. .. .. 503,778 10 0 25,907,405 6 1 Deposits .. .. .. •• •• 33,198,613 19 2 Bills discounted .. .. .. .. .. .. •• 519,340 11 2 Balances due to other banks .. .. .. .. .. .. 61,145 13 9 Other advances and securities and debts due to the bank, after deducting proBills payable and other liabilities (including provision for contingencies) .. 3,777,295 3 9 vision for bad and doubtful debts .. .. .. .. .. 20,971,391 9 9 Reserve for taxes .. .. .. .. .. 426,000 0 0 Landed property, premises, &c, .. .. .. .. .. ■■ 673,677 11 3 London Office acceptances under credits .. .. .. .. .. 58,179 12 10 Liabilities of customers for acceptances, per contra .. .. .. .. 58,179 12 10 Transfers from Long-term Mortgage Department .. .. .. .. 275,984 11 1 Long-term Mortgage Department .. .. .. .. .. 1,310,175 0 0 Balance of profit and loss ... .. .. • • • • • • 628, 997 0 6 £49,440,169 11 1 £49,440,169 11 1 Long-term Mortgage Department. Long-term Mortgage Fund— £ s. d. £ s. d. Capital .. . . .. -. • ■ • • • • • • 703,125 0 0 Loans .. .. .. .. .. .. • • • • 1,034,190 8 11 Debenture stock .. .. .. .. .. .. .. 607,050 0 0 Transfers to bank .. .. .. .. .. .. .. 275,984 11 1 £1,310,175 0 0 £1,310,175 0 0 This is the balance-sheet referred to in the certificate on attached Profit and Loss Statement marked " B."— A. Hempton, Chief Auditor.
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