New Zealand Gazette – 1920 – No. 70

Page 2310

✨ Financial Statements



2310
THE NEW ZEALAND GAZETTE.
[No. 70

ESTIMATED COST of CONSTRUCTION of RAILWAYS, ROLLING-STOCK, ETC., to 31st March, 1920, 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 775,556 0 0 412,465 0 0
Kaihu 99,962 0 0 34,884 0 0
Tauranga .. 478,723 0 0
Gisborne 682,922 0 0 212,951 0 0
North Island Main Lines and Branches 16,163,269 0 0 1,209,976 0 0
South Island Main Lines and Branches 14,710.176 0 0 188,730 0 0
Westland 2,122,303 0 0 739,534 0 0
Westport 606.236 0 0 96,073 0 0
Nelson 444,963 0 0 36,762 0 0
Picton 680,466 0 0 19.250 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 .. 75,888 0 0
W.R.D. Stock of A.O.L. and R.I.A. Stores 60,554 0 0 ..
Totals £36,390,115 0 0 £3,607,225 0 0

H. WILLIAMS,
Chief Accountant, New Zealand Railways.

Railways Department, 26th July, 1920.

Bank Statements.

STATEMENT of the average amount of Liabilities and Assets of the Bank of New Zealand, in New Zealand, during the Quarter ended 30th June, 1920.

LIABILITIES.

£ s. d.
Notes in circulation 5,269,571 15 9
Bills in circulation 115,509 16 8
Balances due to other Banks 102,653 13 9
Government deposits 8,379,163 15 7
Other deposits—
Not bearing interest 17,621,696 8 4
Bearing interest 8,302,143 2 0
Total average liabilities £39,790,738 12 1

ASSETS.

£ s. d.
Coined gold and silver and other coined metals 3,419,684 8 4
Legal tender notes of other Banks 81,685 2 4
Gold and silver in bullion or bars 13,899 6 3
Notes and bills of other Banks 267,940 0 4
Balances due from other Banks 71,325 1 5
Landed property 195,440 19 5
Amount of all other securities—
1. Notes and bills discounted 824,018 6 11
2. Government securities (New Zealand or otherwise) 3,497,040 14 7
3. Other funded securities ..
4. Debts due to the Bank (exclusive of debts abandoned as bad) 15,350,944 14 10
5. Securities not included under the above heads 447,149 10 8
Total average assets £24,169,128 5 1

Amount of the capital stock paid up at the close of the quarter ended 30th June, 1920:—
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, £1,449,700.

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 13½ per cent. per annum, and bonus 4 per cent. per annum), 17½ per cent. per annum.

Amount of the last dividend declared on—
“A” preference shares, £50,000.
“B” preference shares, £43,750.
Ordinary shares, £175,000.

(On the Guaranteed Stock. £10,599, interest for six months, was paid on 1st May, 1920.)
Amount of the reserved profits at the time of declaring such dividend, £2,646,520.

Dated at Wellington this 8th day of July, 1920.

H. BUCKLETON, 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 30th June, 1920.

LIABILITIES.

£ s. d.
Notes in circulation 455,594 1 6
Bills in circulation 49,274 0 10
Balances due to other Banks ..
Government deposits ..
Other deposits—
Not bearing interest 4,281,130 8 4
Bearing interest 1,105,102 1 5
Total average liabilities £5,891,100 12 1

ASSETS.

£ s. d.
Coined gold and silver and other coined metals 960,928 3 1
Legal tender notes of other Banks 267,173 10 7
Gold and silver in bullion or bars 533 13 4
Notes and bills of other Banks 76,917 9 8
Balances due from other Banks ..
Landed property 122,939 7 2
Amount of all other securities—
1. Notes and bills discounted 156,613 18 2
2. Colonial Government securities 154,763 1 11
3. Other funded securities ..
4. Debts due to the Bank (exclusive of debts abandoned as bad) 4,068,441 5 0
5. Securities not included under the above heads 9,089 14 2
Total average assets £5,817,400 3 1

Amount of the capital stock paid up at this date, £2,500,000.
Rate of the last dividend and bonus declared to the shareholders, 14 per cent. per annum and bonus 4 per cent. per annum, equal to 18 per cent. per annum.
Amount of the last dividend and bonus declared, £360,000.
Amount of the reserved profits at the time of declaring such dividend, £3,227,822.

Dated at Wellington this 10th day of July, 1920.

PERCY H. COX, Inspector.
W. ROSS, Accountant.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 1920, No 70


NZLII — PDF NZ Gazette 1920, No 70




✨ LLM interpretation of page content

🚂 Estimated Cost of Construction of Railways, Rolling-Stock, etc., to 31st March, 1920

🚂 Transport & Communications
26 July 1920
Railways, Construction Costs, Rolling-Stock, Public Works Department, Greymouth, Westport
  • H. Williams, Chief Accountant, New Zealand Railways

💰 Bank of New Zealand Statement of Liabilities and Assets for Quarter Ended 30th June, 1920

💰 Finance & Revenue
8 July 1920
Banking, Liabilities, Assets, Financial Report, Bank of New Zealand
  • H. Buckleton, General Manager
  • A. McLennan, Accountant

💰 Bank of Australasia Statement of Liabilities and Assets for Quarter Ended 30th June, 1920

💰 Finance & Revenue
10 July 1920
Banking, Liabilities, Assets, Financial Report, Bank of Australasia
  • Percy H. Cox, Inspector
  • W. Ross, Accountant