B—ls

" A "— continued BANK OF NEW ZEALAND Balance-sheet at 31st Makch, 1948 Liabilities £ s. d. £ s. d. Assets £ s. d. £ s. d. Capital— Coin, Reserve Bank notes, and Preference A fully paid £1 shares 500,000 0 0 deposits with bankers .. 24,810,947 4 5 C long-term mortgage fully paid . 234,375 0 0 Government notes: Common£l shares wealth, Fijian, and Samoan D long-term mortgage fully paid Administrations .. .. 192,880 15 0 £1 shares .. .. 468,750 0 0 Balances due by other banks .. 976,549 2 10 Preference B fully paid £1 shares 1,375,000 0 0 Money at call and short notice, Ordinary fully paid £1 shares .. 3,750,000 0 0 Government securities, and ' 6,328,125 0 0 other securities in London .. 9,013,020 22 Reserve Fund (invested in British .. 3,575,000 0 0 Bills receivable in London and in Government securities) transit .. .. .. 1,416,578 10 6 Deposits .. .. .. .. 80,681,281 2 11 New Zealand Government Balances due to other banks .. .. 17,132 16 6 securities .. .. .. 10,589,234 9 11 Bills payable and other liabilities Australian Government securities 1,086,960 6 11 (including provision for contin- Fijian Government securities .. 175,500 0 0 gencies) .. .. .. .. 6,360,853 19 4 Municipal and other local bodies' Provision for taxes .. .. .. 780,000 0 0 securities .. .. .. 1,259,598 8 11 London Office acceptances under Remittances in transit between credits .. .. .. .. 113,976 10 3 branches .. .. .. 7,173,064 6 8 Balance of profit and loss .. .. 628,740 9 7 56,694,333 7 4 Bills discounted .. .. .. 1,222,560 8 2 ! Other advances and securities and debts due to the Bank, after de- | ducting provision for bad and doubtful debts .. .. .. 38,767,749 6 5 I Landed property, premises, &e. .. .. 965,884 10 0 | Liabilities of customers for acceptances, per contra .. .. .. 113,976 10 3 I Long-term mortgage department .. 720,605 16 5 I £98,485,109 18 7 £98,485,109 18 7

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