2140
THE NEW ZEALAND GAZETTE.
[No. 81

Balance-sheets of Savings-banks for 1917-18.

The Treasury,
Wellington, 30th May, 1918.

THE following balance-sheets of the Auckland, New Plymouth, Hokitika, Dunedin, and Invercargill Savings-banks, having been approved by His Excellency the Governor-General, are published as required by section 17 of the Savings-banks Act, 1908.

A. M. MYERS,
Acting Minister of Finance.

Auckland Savings-bank Balance-sheet.

RECEIPTS and Payments of the Auckland Savings-bank for the year ending 31st March, 1918:—

RECEIPTS.
£ s. d.
Balance, 1st April, 1917 .. .. .. 329,625 8 6
Deposited during the twelve months .. .. .. 1,463,718 1 4
Interest added during the twelve months.. .. .. 1,920 19 2
Interest added, 31st March, 1918 .. .. .. 78,154 13 5
Interest on mortgages .. .. .. 61,201 15 4
Interest on debentures .. .. .. 30,776 2 10
Interest on deposit with Bank of New Zealand .. .. .. 10,206 16 4
Mortgages repaid .. .. .. 47,145 0 0
Debentures repaid .. .. .. 50,032 0 0
Insurance premiums, &c., repaid .. .. .. 57 12 6
————————
£2,072,838 9 5
===========

PAYMENTS.
£ s. d.
Repaid depositors .. .. .. 1,327,774 8 1
Interest credited depositors .. .. .. 80,075 12 7
Advanced on mortgage .. .. .. 42,850 0 0
Advanced on debentures .. .. .. 277,400 0 0
Charges .. .. .. 12,050 7 3
Building account .. .. .. 255 4 8
Mortgagors’ rates and insurance premiums 120 10 8
Donations to Patriotic Funds—
“New Zealand Branch, British Red Cross Society” .. .. .. 300 0 0
“Y.M.C.A. Trench Comforts” .. .. .. 500 0 0
“Red Cross Fund” .. .. .. 3,000 0 0
“Commercial Travellers’ Red Cross Fund” .. .. .. 100 0 0
Deposit with Bank of New Zealand (working account) .. .. .. 328,412 6 2
————————
£2,072,838 9 5
===========

J. MUIR BARR, Manager.
JAMES W. WATTS, Accountant.
G. S. KISSLING,
W. WALLACE BRUCE, } Auditors.

We hereby certify that we have examined the above statement of the receipts and payments of the Auckland Savings-bank, and to the best of our belief it contains a true and correct account of all the transactions of the bank during the twelve months, and that the balance of cash amounts to £328,412 6s. 2d.

C. HUDSON, Vice-President.
J. EDSON,
A. CLEMENTS,
ALFRED S. BANKART,
JOHN JENKIN,
ROBERT FARRELL,
T. THOMPSON,
JAS. J. HOLLAND,
P. M. MACKAY,
} Trustees.

ASSETS AND LIABILITIES.

Assets.
£ s. d.
Invested on mortgage .. .. .. 1,082,570 0 0
“ New Zealand Government debentures.. .. .. 630,000 0 0
“ Auckland Harbour Board debentures.. .. .. 169,900 0 0
“ Auckland City Council debentures .. .. .. 111,430 0 0
“ Grey Lynn (Newton) Borough debentures .. .. .. 200 0 0
“ Newmarket Borough debentures .. .. .. 800 0 0
“ Remuera Road Board debentures .. .. .. 13,900 0 0
“ Mount Albert Road Board debentures .. .. .. 12,000 0 0
“ Mount Wellington Road Board debentures .. .. .. 5,000 0 0
“ Waitemata County Council debentures .. .. .. 10,300 0 0
“ Mount Eden Borough Council Debentures .. .. .. 19,600 0 0
Mortgage interest due 31st March, 1918 .. .. .. 16,593 13 7
Debenture interest accrued 31st March, 1918 .. .. .. 12,660 17 7
Mortgagors’ rates, insurance premiums, &c., due 31st March, 1918 .. .. .. 196 3 9
Bank premises .. .. .. 20,000 0 0
Deposit with Bank of New Zealand (working account) .. .. .. 328,412 6 2
————————
£2,433,563 1 1
===========

Liabilities.
£ s. d.
Amount due 61,574 depositors .. .. .. 2,259,993 17 9
Reserved Surplus Profits Fund .. .. .. 110,000 0 0
Investment Fluctuation Account .. .. .. 50,000 0 0
Balance .. .. .. 13,569 3 4
————————
£2,433,563 1 1
===========

J. MUIR BARR, Manager.
JAMES W. WATTS, Accountant.
G. S. KISSLING,
W. WALLACE BRUCE, } Auditors.

We hereby certify that to the best of our belief the above is a true and correct statement of the assets and liabilities of the Auckland Savings-bank on the 31st March, 1918.

C. HUDSON, Vice-President.
J. EDSON,
A. CLEMENTS,
ALFRED S. BANKART,
JOHN JENKIN,
T. THOMPSON,
ROBERT FARRELL,
JAS. J. HOLLAND,
P. M. MACKAY,
} Trustees.

New Plymouth Savings-bank Balance-sheet.

RECEIPTS and Expenditure of the New Plymouth Savings-bank for the year ending 31st March, 1918:—

RECEIPTS.
£ s. d.
To Bank and cash balance, 31st March, 1917 .. .. .. 4,372 15 9
Post Office Savings-bank .. .. .. 1,614 9 7
Bank of New Zealand, Deposit Account .. .. .. 700 0 0
Depositors .. .. .. 15,203 4 3
Interest credited depositors .. .. .. 1,284 13 11
Mortgages paid off .. .. .. 2,650 0 0
Interest on mortgages and deposits .. .. .. 2,087 17 9
————————
£27,913 1 3
===========

EXPENDITURE.
£ s. d.
By Bank of New Zealand, credit balance, 31st March, 1918 .. .. .. 2,724 4 1
Post Office Savings-bank balance .. .. .. 1,665 3 0
Bank of New Zealand, Deposit Account .. .. .. 1,000 0 0
Depositors .. .. .. 12,688 15 8
Interest credited depositors .. .. .. 1,284 13 11
Loans advanced on mortgage .. .. .. 8,090 0 0
Management charges .. .. .. 460 4 7
————————
£27,913 1 3
===========

PROFIT AND LOSS.
£ s. d.
To Interest credited to depositors .. .. .. 1,284 13 11
Management charges .. .. .. 460 4 7
Balance .. .. .. 4,541 16 3
————————
£6,286 14 9
===========

By Balance, 31st March, 1917 .. .. .. 4,210 0 9
Interest on mortgages and deposits .. .. .. 2,087 17 9
Interest accrued to 31st March, 1918 .. .. .. 485 8 5
————————
2,573 6 2
Less interest accrued to 31st March, 1917 .. .. .. 496 12 2
————————
2,076 14 0
————————
£6,286 14 9
===========

ASSETS AND LIABILITIES.

Assets.
£ s. d.
By Deposit, Post Office Savings-bank .. .. .. 1,665 3 0
Deposit, Bank of New Zealand .. .. .. 1,000 0 0
Bank of New Zealand, credit balance .. .. .. 2,724 4 1
Securities (including reserves) .. .. .. 36,790 0 0
Office furniture .. .. .. 19 10 3
Accrued interest .. .. .. 485 8 5
————————
£42,684 5 9
===========