Bank Financial Statements




STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the COLONY of NEW ZEALAND for the QUARTER ended 31st DECEMBER, 1903.

LIABILITIES.

BANKS. Notes in Circulation. Bills in Circulation. Balances due to other Banks. Deposits. Total Liabilities.
£ s. d. £ s. d. £ s. d. Government. Not bearing Interest. Bearing Interest. £ s. d.
Bank of New Zealand .. .. 776,834 10 9 27,734 4 4 15,530 19 6 1,481,636 2 0 3,885,821 11 10 4,055,308 16 0 10,242,866 4 5
Union Bank of Australia, Limited .. 142,000 13 10 9,451 13 10 .. .. 1,196,024 1 5 1,269,843 7 7 2,617,319 16 8
Bank of New South Wales.. .. 154,452 9 3 6,030 16 0 11,128 0 11 .. 1,136,363 19 9 1,570,369 14 10 2,878,345 0 9
Bank of Australasia .. .. 124,238 0 2 10,398 17 10 .. .. 825,333 14 3 686,079 8 1 1,646,050 0 4
National Bank of New Zealand, Limited .. 268,753 12 4 5,200 15 2 21,367 8 2 .. 1,318,104 12 3 1,363,986 3 8 2,977,412 11 7
Totals .. .. 1,466,279 6 4 58,816 7 2 48,026 8 7 1,481,636 2 0 8,361,647 19 6 8,945,587 10 2 20,361,993 13 9

ASSETS.

BANKS. Coined Gold and Silver and other Coined Metals. Gold and Silver in Bullion or Bars. Notes and Bills of other Banks. Balances due from other Banks. Landed Property. Notes and Bills discounted. Colonial Government Securities. Other Funded Securities. Debts due to Bank, exclusive of Debts abandoned as bad. Securities not included under other Heads. Total Assets.
£ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d.
Bank of New Zealand .. .. 1,449,462 14 4 75,470 8 2 43,896 2 1 1,998 18 2 105,372 15 5 958,594 1 8 678,131 5 0 .. 3,781,561 9 2 1,016,909 13 2 8,111,397 7 2
Union Bank of Australia, Limited 560,084 2 3 4,088 4 0 2,179 6 3 .. 66,185 0 0 146,669 2 2 .. .. 1,808,773 15 2 80,304 13 5 2,668,284 3 3
Bank of New South Wales .. .. 671,459 18 3 29,447 1 0 4,739 1 6 10,515 17 5 104,004 17 0 302,682 3 2 168,348 1 11 63,988 7 11 2,198,194 2 7 139,944 9 0 3,693,323 19 9
Bank of Australasia .. .. 371,798 12 1 7,429 9 6 6,086 7 0 .. 54,062 9 3 312,011 14 10 50,000 0 0 .. 2,294,658 6 3 2,680 7 2 3,098,727 6 1
National Bank of New Zealand, Limited 544,474 16 5 32,865 6 5 6,838 5 10 12,544 7 1 75,205 18 6 273,139 17 5 50,000 0 0 .. 2,002,423 5 7 11,162 9 1 3,008,654 6 4
Totals .. .. 3,597,280 3 4 149,300 9 1 63,739 2 8 25,059 2 404,831 0 21,993,096 19 3946,479 6 11 63,988 7 11 12,085,610 18 9 1,251,001 11 10 20,580,387 2 7

CAPITAL AND PROFITS.

BANKS. Capital paid up. Rate per Annum of Last Dividend. Amount of Last Dividend declared. Amount of Reserved Profits at Time of declaring such Dividend.
£ £ s. d. £ s. d.
Bank of New Zealand—
4-per-cent. stock guaranteed by the Government of N.Z. .. 2,000,000 Five per cent. .. .. .. .. .. 21,180 0 0 23,474 7 4
Capital payable by shareholders .. .. .. 500,000
Union Bank of Australia, Limited .. .. .. 1,500,000 Eight per cent. .. .. .. .. .. 60,000 0 0 1,079,793 3 6
Bank of New South Wales .. .. .. 2,000,000 Ten per cent. .. .. .. .. .. 100,000 0 0 1,330,000 0 0
Bank of Australasia .. .. .. 1,600,000 Twelve per cent. .. .. .. .. .. 96,000 0 0 1,116,350 0 0
National Bank of New Zealand, Limited .. .. .. 250,000 Ten per cent. .. .. .. .. .. 12,500 0 0 200,260 0 0

The Treasury, Wellington, 23rd January, 1904. JAS. B. HEYWOOD, Secretary to the Treasury.



Next Page →



Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1904, No 8





✨ LLM interpretation of page content

💰 Statement of Liabilities and Assets of Banks in New Zealand (continued from previous page)

💰 Finance & Revenue
23 January 1904
Banks, Liabilities, Assets, Financial statement, Deposits, Government securities, Dividend, Capital, Reserves, Balance sheets
  • Jas. B. Heywood, Secretary to the Treasury