MAY 29.

THE NEW ZEALAND GAZETTE.

1807

Interest on Debentures .. .. .. £81 1 7
Debenture Account .. .. .. 7,097 10 11
Bank interest .. .. .. 455 0 0
Rents .. .. .. 162 10 0
Fines .. .. .. 0 12 6
Valuation fees .. .. .. 22 5 6
——————————
£86,378 15 9

PAYMENTS.

Withdrawn by depositors .. .. .. £67,362 17 6
Charges .. .. .. 1,130 15 2
Insurance premiums .. .. .. 127 9 1
Loans granted .. .. .. 14,036 16 3
Trustees’ fees .. .. .. 97 0 0
Valuation fees .. .. .. 22 5 6
Bank interest .. .. .. 0 19 0
Land and building .. .. .. 6 12 0
Balance .. .. .. 3,594 1 3
——————————
£86,378 15 9

G. L. DENNISTON,
Vice-President.
FRED. SMITH,
Manager.

We hereby certify that we have examined the above statement of receipts and payments of the Dunedin Savings-bank, have compared the same with the books of the bank, and to the best of our knowledge and belief it contains a true and correct account of all transactions of the bank. We have also seen security for the investments, taken out the depositors’ ledger balances, and compared the cash account with the bank pass-book.

WILLIAM BROWN AND CO.,
R. C. MOODIE,
Auditors.
Dunedin, 19th April, 1913.

STATEMENT OF ASSETS AND LIABILITIES, 31st March, 1913.

ASSETS.

Cash in bank .. .. £3,672 14 1
Less outstanding cheques 78 12 10
——————————
3,594 1 3

Fixed deposits .. .. 13,000 0 0
Accrued interest .. 312 1 8
——————————
13,312 1 8

Debentures .. .. 800 0 0
Accrued interest .. 7 2 0
——————————
807 2 0

Loans on mortgage .. 105,074 4 6
Accrued interest .. 1,255 18 5
——————————
106,330 2 11

Insurance premiums owing .. .. 8 3 4
Rents accrued .. .. 24 3 4
Land and building .. .. 3,573 16 10
——————————
£127,649 11 4

LIABILITIES.

Due to 2,406 depositors .. .. £108,810 18 11
Debenture Premium Account .. 377 6 2
Property Suspense Account .. 1,173 14 0
Assets in excess of liabilities .. 17,287 12 3
——————————
£127,649 11 4

G. L. DENNISTON,
Vice-President.
FRED. SMITH,
Manager.

We have seen the securities of the above assets, and compared the depositors’ ledger balances.

WILLIAM BROWN AND CO.,
R. C. MOODIE,
Auditors.
Dunedin, 19th April, 1913.

PROFIT AND LOSS ACCOUNT, 31st March, 1913.

31st March, 1913—
To Interest credited to depositors .. £4,444 8 7
Interest on overdraft .. 0 19 0
Charges, including rent of office, manager’s salary, and trustees’ fees .. 1,352 15 2
Land and building written off .. 125 0 0
Grant to Free Kindergarten .. 300 0 0
Balance .. .. 17,287 12 3
——————————
£23,510 15 0

31st December, 1911—
By Balance .. .. .. £15,802 4 2

31st March, 1913—
By Interest on loans .. £6,519 11 0
” deposits .. 584 18 9
” debentures 316 3 7
——————————
7,420 8 4
Rents .. .. .. 287 10 0
Fines .. .. .. 0 12 6
——————————
£23,510 15 0

By Balance .. .. .. £17,287 12 3

G. L. DENNISTON,
Vice-President.
FRED. SMITH,
Manager.

Audited and found correct.

WILLIAM BROWN AND CO.,
R. C. MOODIE,
Auditors.
Dunedin, 19th April, 1913.

Invercargill Savings-bank Balance-sheet for 1912.

RECEIPTS and Payments of the Invercargill Savings-bank for the Year ending the 31st December, 1912:—

RECEIPTS.

Cash on hand, 1st January, 1912 .. £8,956 15 2
Amount lodged by depositors .. 48,303 3 11
Interest added during the year .. 30 16 11
Interest added, 31st December, 1912 .. 1,282 2 0
Interest received on mortgages, &c. .. 2,149 3 9
Interest received on deposits in banks .. 268 9 5
Mortgages repaid .. .. 3,200 0 0
——————————
£64,190 11 2

PAYMENTS.

Repaid depositors .. .. £48,866 1 1
Interest credited to depositors .. 1,312 18 11
Invested on mortgage .. 4,220 0 0
Cash in National Bank of New Zealand (Ltd.) 1,676 14 4
Deposits in National Bank of New Zealand (Ltd.) 6,500 0 0
Deposits, Post-office Bank .. .. 600 0 0
Cash in hand .. .. 459 4 9
Sundries .. .. 15 18 0
Charges Account .. .. 403 12 9
Auditors’ fees, 1911 .. .. 21 0 0
Trustees attending meetings .. .. 19 0 0
Office rent .. .. 69 5 0
Bank furniture account .. .. 26 16 4
——————————
£64,190 11 2

R. H. BRODRICK, Manager.

We hereby certify that we have examined the above statement of the receipts and payments of the Invercargill Savings-bank, and that to the best of our knowledge and belief it contains a true and correct statement of all the transactions of the bank during the year, and that the balance in the bank and cash in hand amount to £9,235 19s. 1d.

R. F. CUTHBERTSON & SON,
JAS. E. HANNAH & SONS,
Auditors.

HENRY WILSON,
ROBT. TAPPER,
JOHN MATHESON,
C. J. BROAD,
P. L. GILKISON,
W. A. OTT,
Trustees.

STATEMENT OF ASSETS AND LIABILITIES.

Assets.

To Amount invested on mortgages, &c. .. £40,809 5 6
Cash in National Bank of New Zealand (Limited) .. .. 1,676 14 4
Deposits in National Bank of New Zealand (Limited), payable on demand .. 6,500 0 0
Cash in hand .. .. 459 4 9
Deposit in Post-office Bank (payable on demand) .. .. 600 0 0
——————————
£50,045 4 7
Bank furniture account .. .. 26 16 4
——————————
£50,072 0 11
To Balance .. .. .. £4,571 12 9