8.—15

BANK OF NEW ZEALAND Balance-sheet at 31st March, 1944 Liabilities ' Assets Capital— £ s. d. £ s. d. Preference A fully paid £1 shares issued to the New Zealand £ s. d. £ s. d. Coin, Reserve Bank notes, and deposits with bankers .. 15,290,575 12 1 Government .. .. . . .. .. 500, 000 0 0 Government notes: Commonwealth, Fijian, and Samoan C long-term mortgage fully paid £1 shares issued to the Administration .. .. .. .. .. 60,827 10 0 New Zealand Government .. .. .. .. 234,375 0 0 Balances due by other banks .. .. .. .. 595,649 7 11 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 .. .. .. 8,483,941 19 7 Government .. .. .. .. .. 1,375,000 0 0 Bills receivable in London and in transit .. .. 193,814 16 11 Ordinary fully paid £1 shares .. .. .. 3,750, 000 0 0 New Zealand Government securities (including £500,000 6,328,125 0 0 free-of-interest loan) .. .. .. .. 17,420,694 7 2 Reserve Fund (invested in British Government securities) .. .. .. 3,575,000 0 0 Australian Government securities .. .. .. 841,106 6 0 Deposits .. .. .. .. .. .. .. .. 54,634,344 11 0 Fijian Government securities .. .. .. .. 50,000 0 0 Balances due to other banks .. .. .. .. .. .. 6,685 18 3 Municipal and other local bodies'securities .. .. 1,346,938 0 0 Bills payable and other liabilities (including provision for contingencies) .. 5,045,783 13 4 Remittances in transit between branches .. .. 3,209,420 12 0 Provision for taxes .. .. .. .. .. .. .. 760,000 0 0 47,492,968 11 8 London Office acceptances under credits .. .. .. .. .. 31,941 8 4 Bills discounted .. .. .. .. . . 4 . .. 892,587 16 7 Transfers from long-term mortgage department .. .. .. .. 86,197 19 5 Other advances and securities and debts due to the bank, after deducting Balance of profit and loss .. .. .. .. .. .. 570,435 8 8 provision for bad and doubtful debts .. .. .. .. .. 21,106,604 5 8 Landed property, premises, &c. .. .. .. .. .. .. 811,286 16 9 Liabilities of customers for acceptances, per contra .. .. .. .. 31,941 8 4 Long-term mortgage department .. .. .. .. .. 703,125 0 0 £71,038,513 19 0 £71,038,513 19 0 Long-term Mortgage Department £ s. d. £ s. d. Long-term Mortgage Fund: Capital .. .. .. .. .. 703,125 0 0 Loans .. .. .. .. .. .. .. .. .. 616,927 0 7 Transfers to bank .. .. .. .. .. .. .. .. 86,197 19 5 £703,125 0 0 £703,125 0 0

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