Balance-sheets of Savings-banks for 1920-21.

The Treasury,
Wellington, 8th July, 1921.

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.

F. H. D. BELL, for Minister of Finance.

Auckland Savings-bank Balance-sheet.

RECEIPTS AND Payments of the Auckland Savings-bank for the year ending 31st March, 1921:

RECEIPTS.
Balance, 1st April, 1920 .. .. 461,486 14 7
Deposited during the twelve months .. 2,714,528 7 7
Interest added during the twelve months .. 3,993 12 10
Interest added, 31st March, 1921 .. 100,413 12 3
Interest on mortgages .. .. 65,954 6 1
Interest on debentures .. .. 67,264 5 6
Interest on deposit, Bank of New Zealand 12,831 11 6
Mortgages repaid .. .. .. 236,975 0 0
Debentures repaid .. .. .. 60,200 0 0
Insurance premiums, &c., repaid .. 22 15 0
Rent .. .. .. .. 446 6 4

£3,724,116 11 8

PAYMENTS.
Repaid depositors .. .. .. 2,708,388 0 1
Interest credited depositors .. 104,407 5 1
Advanced on mortgage .. .. 268,005 0 0
Advanced on debentures .. .. 246,800 0 0
Charges .. .. .. 14,125 8 10
Building account .. .. .. 20,299 8 5
Donation to War Memorial Museum .. 25,000 0 0
Deposit with Bank of New Zealand (working account) .. .. .. 337,091 9 3

£3,724,116 11 8

J. MUIR BARR, Manager.
JAMES W. WATTS, Accountant.
W. WALLACE BRUCE,
H. C. TEWSLEY, }
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 £337,717 9s. 3d.

A. J. ENTRICAN, Vice-President.
JOHN EDSON,
P. M. MACKEY,
N. ALFRED NATHAN,
ALEX. HARRIS,
R. E. ISAACS,
THOS. PEACOCK,
H. BRETT,
E. A. BROWN,
J. TREVETHICK,

Trustees.

ASSETS AND LIABILITIES.

Assets.
Invested on 1,173 mortgages .. 1,117,360 0 0
Interest to 31st March, 1921 .. 14,165 16 1
Investments at cost on debentures—
New Zealand Government .. 1,025,000 0 0
Auckland Harbour Board .. 169,900 0 0
Auckland City Council .. 246,430 0 0
Grey Lynn (Newton) Borough Council .. 200 0 0
Newmarket Borough Council .. 500 0 0
Remuera Road Board .. 13,900 0 0
Mount Albert Road Board .. 12,000 0 0
Waitemata County Council .. 7,900 0 0
.. .. 2,000 0 0
.. .. 1,100 0 0
.. .. 300 0 0
.. .. 5,000 0 0
Ellerslie Town Board .. 5,000 0 0
Mount Eden Borough Council .. 9,800 0 0
.. .. 9,800 0 0
.. .. 9,600 0 0
Manukau County Council .. 9,900 0 0
Whangarei County Council .. 26,000 0 0
Hamilton Borough Council .. 25,000 0 0
Onehunga Borough Council .. 10,000 0 0
Pakuranga Road Board .. 1,000 0 0
Devonport Borough Council .. 17,500 0 0
One-tree Hill Road Board .. 12,800 0 0

Interest accrued to 31st March, 1921 .. 22,120 15 2
Bank premises: Freehold, Queen Street, and four branches .. .. .. 20,000 0 0
Property purchased for extension of bank premises, Queen Street .. .. 20,000 0 0
Deposit with Bank of New Zealand (working account).. .. .. .. 337,091 9 3

£3,151,368 0 6

Liabilities.
Amount due 73,320 depositors .. 2,929,583 13 6
Surplus Profits Fund .. .. 150,000 0 0
Investment Fluctuation Account .. 70,000 0 0
Balance Profit and Loss Account .. 1,784 7 0

£3,151,368 0 6

J. MUIR BARR, Manager.
JAMES W. WATTS, Accountant.
W. WALLACE BRUCE,
H. C. TEWSLEY, }
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, 1921.

A. J. ENTRICAN, Vice-President.
P. M. MACKAY,
R. E. ISAACS,
N. ALFRED NATHAN,
THOS. PEACOCK,
JOHN EDSON,
ROBERT FARRELL,
ALEX. HARRIS,
E. A. BROWN,

New Plymouth Savings-bank Balance-sheet.

RECEIPTS and Expenditure of the New Plymouth Savings-bank for the year ending 31st March, 1921:

RECEIPTS.
To Bank and cash balance, 31st March, 1920.. 6,677 12 10
Post Office Savings-bank .. .. 1,764 18 7
Bank of New Zealand, Deposit Account .. 1,000 0 0
Inscribed War Loan Bonds .. .. 1,000 0 0
Depositors’ lodgments .. .. 25,240 1 10
Interest credited depositors .. 1,543 3 7
Mortgages paid off .. .. 3,425 0 0
Interest on mortgages and deposits .. 2,898 16 11

£43,549 18 9

EXPENDITURE.
By Bank and cash balances, 31st March, 1921 2,602 8 9
Post Office Savings-bank balance .. 1,839 3 1
Bank of New Zealand, Deposit Account .. 1,000 0 0
Invested in War Bonds .. .. 1,000 0 0
Depositors’ withdrawals .. .. 26,250 0 8
Interest credited depositors .. 1,543 3 7
Loans advanced on mortgage .. 8,300 0 0
Management charges .. .. 976 7 8
Office furniture .. .. 38 10 0

£43,549 13 9

PROFIT AND LOSS.
To Interest credited depositors .. 1,543 3 7
Management charges .. .. 976 7 8
Balance .. .. .. 6,146 2 6

£8,665 13 9

By Balance, 31st March, 1920 .. 5,781 0 9
Interest on mortgages and deposits .. 2,898 16 11
Interest accrued to 31/3/21 475 16 7

3,374 13 6
Less interest to 31/3/20 .. 490 0 6

£8,665 13 9