B—l [Pt. I]

STATEMENT of the RECEIPTS and EXPENDITURE of the SEPARATE

32

BANK OF NEW RECEIPTS Balances at beginning of year — Cash Investments £ s. d. 13 13 4 8,898,241 6 8 £ s. d. 8,898,255 0 0 Bank of New Zealand Act, 1945, section 8Stock issued 3,070,985 0 0 Finance Act, 1926, section 8 (3) — Dividends received in terms of Bank of New Zealand Act, 1926, section 13 .. 393,745 1 5 Totals . £12,362,985 1 5 EARTHQUAKE AND WAR Balances at beginning of year— Cash Investments £ s. d. 71,340 8 9 4,690,000 0 0 £ s. d. 4,761,340 8 9 Premiums 402,806 12 8 Interest on investments 89,918 8 2 Miscellaneous receipts 19 18 5 Totals .. £5,254,085 8 0