Bank Financial Statements




STATEMENT of the LIABILITIES and ASSETS of the undermentioned BANKS in the DOMINION of NEW ZEALAND for the QUARTER ended 30th JUNE, 1916.

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 .. 2,365,301 14 4 49,346 5 6 34,270 4 5 5,361,523 12 2 9,943,750 9 8 6,383,669 15 7 24,137,862 1 8
Union Bank of Australia, Limited .. 311,280 0 0 12,387 0 0 13,605 0 0 36 0 0 2,882,180 0 0 1,576,240 0 0 4,795,728 0 0
Bank of New South Wales .. 374,082 14 7 14,212 13 11 10,782 13 9 .. 2,487,509 6 0 1,906,613 11 9 4,793,201 0 0
Bank of Australasia .. 274,713 3 1 16,981 4 2 .. .. 2,134,329 3 10 814,872 5 7 3,240,895 16 8
National Bank of New Zealand, Limited .. 549,358 0 0 10,436 0 0 10,783 0 0 .. 2,897,132 0 0 1,890,480 0 0 5,358,189 0 0
Commercial Bank of Australia, Limited .. 43,600 0 7 1,335 11 6 .. .. 197,848 11 0 47,264 14 0 290,048 17 1
Totals .. 3,918,335 12 7 104,698 15 1 69,440 18 2 5,361,559 12 2 20,542,749 10 6 12,619,140 6 11 42,615,924 15 5

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. Legal Tender Notes of other Banks. 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 .. 3,067,701 19 0 80,713 9 10 154,090 4 0 27,087 10 6 172,331 6 7 764,368 14 2 919,443 10 0 .. 9,571,985 17 0 623,166 15 0 15,380,889 6 1
Union Bank of Australia, Limited 896,262 0 0 426 0 0 57,605 0 0 1,347 0 0 51,600 0 0 113,533 0 0 .. 59,199 0 0 4,123,088 0 0 109,525 0 0 5,412,585 0 0
Bank of New South Wales .. 1,172,706 3 10 19,601 4 11 204,325 1 6 56,949 0 11 140,678 19 9 119,262 15 6 360,013 12 10 .. 2,902,266 7 11 131,176 18 6 5,106,980 5 8
Bank of Australasia .. 964,442 13 9 447 11 3 81,432 14 1 .. 15,319 1 0 158,508 19 11 .. .. 2,733,746 7 8 9,359 12 1 3,963,256 19 9
National Bank of New Zealand, Limited 883,199 0 0 112,612 0 0 69,868 0 0 81,738 0 0 162,987 0 0 190,464 0 0 140,000 0 0 201,769 0 0 3,429,236 0 0 13,060 0 0 5,284,933 0 0
Commercial Bank of Australia, Limited 70,341 8 4 .. 39,860 11 2 .. 49,500 0 0 6,580 8 7 .. .. 155,300 4 3 320 18 7 321,903 10 11
Totals .. 7,054,653 4 11 213,800 6 0 607,181 10 9 167,121 11 5 592,416 7 4 1,352,717 18 2 1,419,457 2 10 260,968 0 0 22,915,622 16 10 886,609 4 2 35,470,548 2 5

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. .. 529,988 .. .. ..
“A” Preference shares issued to the Crown under Bank of New Zealand Act, 1903 500,000 On “A” Preference shares, ten per cent. per annum.. .. ..
“B” Preference shares issued to the Crown under Bank of New Zealand Act, 1913 250,000 On “B” Preference shares and ordinary shares (twelve per cent. per annum, and bonus three per cent. per annum on ordinary shares), fifteen per cent. per annum 236,507 0 0 2,118,605 0 0
Ordinary shares .. 1,000,000 .. .. ..
Union Bank of Australia, Limited .. 2,000,000 Ten per cent. per annum, and two per cent. bonus for half-year, together equal to fourteen per cent. per annum 140,000 0 0 2,170,528 0 0
Bank of New South Wales .. 3,500,000 Ten per cent. per annum .. 175,000 0 0 2,675,000 0 0
Bank of Australasia .. 2,000,000 Fourteen per cent. per annum, and bonus twelve shillings per share, equal seventeen per cent. per annum 170,000 0 0 2,895,000 0 0
National Bank of New Zealand, Limited.. 750,000 Twelve per cent. per annum for half-year .. 45,000 0 0 789,580 0 0

Commercial Bank of Australia, Limited—
Ordinary .. | 95,659 | Four per cent. per annum (preference only) .. | .. | .. |
Preference .. | 2,117,350 | .. | 42,347 0 0 | 11,385 15 7 |

The Treasury, Wellington, 11th July, 1916. G. F. C. CAMPBELL, Secretary to the Treasury.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1916, No 77


NZLII PDF NZ Gazette 1916, No 77





✨ LLM interpretation of page content

💰 Commercial Bank of Australia Quarterly Statement (continued from previous page)

💰 Finance & Revenue
11 July 1916
Bank Statement, Liabilities, Assets, Dividends, Wellington
  • G. F. C. Campbell, Secretary to the Treasury