Financial Statements




Jan. 23.] THE NEW ZEALAND GAZETTE. 163

ESTIMATED COST of CONSTRUCTION of RAILWAYS, ROLLING-STOCK, ETC., to 31st March, 1918, as furnished by Public Works Department and by Greymouth and Westport Harbour Boards respectively.

Section. Cost of Opened Lines. Cost of Unopened Lines.
£ s. d. £ s. d.
Whangarei 765,729 0 0 244,157 0 0
Kaihu 99,962 0 0 17,211 0 0
Tauranga .. 352,761 0 0
Gisborne 682,706 0 0 179,919 0 0
North Island Main Lines and Branches 15,885,220 0 0 869,983 0 0
South Island Main Lines and Branches 14,591,671 0 0 191,516 0 0
Westland 2,089,946 0 0 687,544 0 0
Westport 605,880 0 0 96,059 0 0
Nelson 542,534 0 0 36,790 0 0
Picton 680,832 0 0 18,968 0 0
Lake Wakatipu Steamer Service.. 43,708 0 0 ..
In Suspense—
Surveys, North Island .. 35,900 0 0
Miscellaneous, North Island .. 5,169 0 0
Surveys, South Island .. 5,752 0 0
Miscellaneous, South Island .. 5,168 0 0
P.W.D. Stock of Permanent-way .. 49,834 0 0
W.R.D. Stock of A.O.L. Stores .. 13,244 0 0 ..
Totals £36,001,432 0 0 £2,796,731 0 0

Railways Department, 17th January, 1919.
J. MACDONALD,
Chief Accountant, New Zealand Railways.

Bank Statements.

STATEMENT of the average amount of Liabilities and Assets of the Bank of New Zealand, in New Zealand, during the Quarter ended 31st December, 1918.

LIABILITIES.
£ s. d.
Notes in circulation .. .. 3,426,241 3 10
Bills in circulation .. .. 55,146 18 3
Balances due to other Banks .. .. 66,435 13 6
Government deposits .. .. 7,151,318 9 7
Other deposits—
Not bearing interest .. .. 9,770,866 3 9
Bearing interest .. .. 7,208,199 4 10
Total average liabilities £27,678,207 13 9

ASSETS.
£ s. d.
Coined gold and silver and other coined metals .. .. 3,344,566 15 1
Legal tender notes of other Banks .. .. 1,183,949 13 8
Gold and silver in bullion or bars .. .. 294,085 11 1
Notes and bills of other Banks .. .. 135,383 0 0
Balances due from other Banks .. .. 86,743 14 2
Landed property .. .. 193,014 9 8
Amount of all other securities—

  1. Notes and bills discounted .. .. 840,613 7 8
  2. Government securities (New Zealand or otherwise) .. .. 2,990,415 13 1
  3. Other funded securities .. .. ..
  4. Debts due to the Bank (exclusive of debts abandoned as bad) .. 15,186,440 16 6
  5. Securities not included under the above heads .. .. 531,069 10 0
    Total average assets .. £24,786,282 10 11

Amount of the capital stock paid up at the close of the quarter ended 31st December, 1918:—
4-per-cent. guaranteed stock, £529,988.
“A” preference shares issued to the Crown under Bank of New Zealand Act, 1903, £500,000.
“B” preference shares issued to the Crown under Bank of New Zealand Act, 1913, £250,000.
Ordinary shares, £1,000,000.

Rate of the last dividend declared to the shareholders on—
“A” preference shares, 10 per cent. per annum.
“B” preference shares and ordinary shares (dividend 12 per cent. per annum, and bonus 3 per cent. per annum), 15 per cent. per annum.

Amount of the last dividend declared on—
“A” preference shares, £50,000.
“B” £37,500.
Ordinary shares, £150,000.
(On the Guaranteed Stock £10,599, interest for six months, was paid on 1st November, 1918.)

Amount of the reserved profits at the time of declaring such dividend, £2,345,702.

Dated at Wellington this 13th day of January, 1919.

W. CALLENDER, General Manager.
A. McLENNAN, Accountant.

[NOTE.—The above are the figures for New Zealand only.]

STATEMENT of the average amount of Liabilities and Assets of the Bank of Australasia, in New Zealand, during the Quarter ended 31st December, 1919.

LIABILITIES.
£ s. d.
Notes in circulation .. .. 635,570 16 11
Bills in circulation .. .. 15,278 11 2
Balances due to other Banks .. .. ..
Government deposits .. .. ..
Other deposits—
Not bearing interest .. .. 2,249,105 19 5
Bearing interest .. .. 1,090,716 10 7
Total average liabilities ..£3,990,671 18 1

ASSETS.
£ s. d.
Coined gold and silver and other coined metals .. .. 977,625 3 9
Legal tender notes of other Banks .. .. 7,971 4 9
Gold and silver in bullion or bars .. .. ..
Notes and bills of other Banks .. .. 49,978 16 10
Balances due from other Banks .. .. ..
Landed property .. .. 4,099 10 10
Amount of all other securities—

  1. Notes and bills discounted .. .. 123,554 9 6
  2. Colonial Government securities .. .. 189,804 2 5
  3. Other funded securities .. .. ..
  4. Debts due to the Bank (exclusive of debts abandoned as bad) .. 3,771,815 19 1
  5. Securities not included under the above heads .. .. 11,893 7 5
    Total average assets .. £5,136,742 14 7

Amount of the capital stock paid up at this date, £2,000,000.
Rate of the last dividend declared to the shareholders, 14 per cent. per annum and bonus 12s. per share, equal to 17 per cent. per annum.
Amount of the last dividend declared, £170,000.
Amount of the reserved profits at the time of declaring such dividend, £3,071,100.

Dated at Wellington this 13th day of January, 1919.

ROBT. R. SMITH, Inspector.
O. K. TENNENT, Accountant.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1919, No 6


NZLII PDF NZ Gazette 1919, No 6





✨ LLM interpretation of page content

🚂 Estimated Cost of Construction of Railways and Rolling-Stock

🚂 Transport & Communications
17 January 1919
Railways, Construction Costs, Rolling-Stock, Financial Report, North Island, South Island, Whangarei, Kaihu, Tauranga, Gisborne, Westland, Westport, Nelson, Picton, Lake Wakatipu
  • J. Macdonald, Chief Accountant, New Zealand Railways

💰 Bank of New Zealand Liabilities and Assets Statement

💰 Finance & Revenue
13 January 1919
Banking, Financial Statement, Liabilities, Assets, Bank of New Zealand
  • W. Callender, General Manager
  • A. McLennan, Accountant

💰 Bank of Australasia Liabilities and Assets Statement

💰 Finance & Revenue
13 January 1919
Banking, Financial Statement, Liabilities, Assets, Bank of Australasia
  • R. R. Smith, Inspector
  • O. K. Tennent, Accountant