JUNE 8.] THE NEW ZEALAND GAZETTE. 1555

Balance-sheets of Savings-banks for 1921-22.

The Treasury,
Wellington, 1st June, 1922.

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

W. F. MASSEY, Minister of Finance.

New Plymouth Savings-bank Balance-sheet.

RECEIPTS and Expenditure of the New Plymouth Savings-bank for the year ending 31st March, 1922:—

RECEIPTS.
£ s. d.
To Bank and cash balance, 31st March, 1921.. 2,602 8 9
Post Office Savings-bank .. 1,839 3 1
Depositors’ lodgments .. 57,467 16 0
Interest credited depositors .. 2,303 10 8
Mortgages paid off .. 875 0 0
Interest on mortgages and deposits .. 3,569 3 5
Proceeds sale office furniture .. 9 18 0
————————
£68,666 19 11
=========

EXPENDITURE.
£ s. d.
By Bank and cash balances, 31st March, 1922 1,819 16 1
Post Office Savings-bank balance .. 8,120 1 3
Depositors’ withdrawals .. 39,230 3 0
Interest credited depositors .. 2,303 10 8
Loans advanced on mortgage .. 16,350 0 0
Office furniture .. 142 17 8
Office stationery .. 78 12 0
Management charges .. 621 19 3
————————
£68,666 19 11
=========

PROFIT AND LOSS ACCOUNT.
£ s. d.
To Interest credited depositors .. 2,303 10 8
Management charges .. 621 19 3
Depreciation off stationery account .. 41 17 8
Depreciation off furniture account .. 20 0 0
Balance .. 7,005 6 3
————————
£9,992 13 10
=========

£ s. d.
By Balance, 31st March, 1921 .. 6,146 2 6
Interest on mortgages and
deposits £ s. d.
3,569 3 5
Interest accrued to 31/3/22 753 4 6
————————
4,322 7 11
Less interest to 31/3/21 475 16 7
————————
3,846 11 4
————————
£9,992 13 10
=========

ASSETS AND LIABILITIES.
Assets.
£ s. d.
Deposit, Post Office Savings-bank .. 8,120 1 3
Bank of New Zealand and cash balances .. 1,819 16 1
Fixed deposit, Bank of New Zealand .. 1,000 0 0
New Zealand Inscribed Stock .. 1,000 0 0
First mortgage on freehold securities .. 61,135 0 0
Office furniture .. 170 19 11
Stationery .. 36 14 4
Interest accrued .. 753 4 6
————————
£74,035 16 1
=========

Liabilities.
£ s. d.
Depositors’ credit balances .. 67,030 9 10
Balance, Profit and Loss Account .. 7,005 6 3
————————
£74,035 16 1
=========

G. E. DINNISS, Manager.
R. COCK, Vice-President.

JAMES McLEOD,
R. H. GEORGE,
NEWTON KING,
G. W. BROWNE,
W. C. WESTON,
FRED. C. J. BELLRINGER,
} Trustees.

I certify that I have examined the books and vouchers of the New Plymouth Savings-bank for the year ended 31st March, 1922, also deeds of mortgage, deposit receipts, investment securities, and insurance policies; and certify that the above balance-sheet is properly drawn up and exhibits a true and correct view of the bank’s affairs as shown by the books of the trustees; and in my opinion all the requirements of the Savings-bank Act, 1908, and amendments thereto, have been complied with.

C. T. MILLS, Auditor.

Invercargill Savings-bank Balance-sheet.

RECEIPTS and Payments of the Invercargill Savings-bank for the year ending 31st March, 1922:—

RECEIPTS.
£ s. d.
Cash on hand, 1st April, 1921 .. 26,648 15 5
Amount lodged by depositors .. 219,589 11 1
Interest added during the year .. 108 0 5
Interest added, 31st March, 1922 .. 5,551 14 4
Interest received on mortgages .. 7,927 18 3
Interest received on deposits .. 766 16 11
Interest received on War Loans .. 577 0 6
Mortgages repaid .. 2,671 5 6
————————
£263,841 2 5
=========

PAYMENTS.
£ s. d.
Invested on mortgage .. 14,650 0 0
Repaid depositors.. .. 217,107 17 1
Interest credited to depositors .. 5,659 14 9
Cash in National Bank of New Zealand (Ltd.) .. 6,540 4 11
Deposits in National Bank of N.Z. (Ltd.) .. 14,000 0 0
Cash in hand .. 3,078 6 11
Auditors’ fees, 1921-22 .. 31 10 0
Trustees meetings.. .. 48 0 0
Rent .. 75 0 0
Salaries .. 1,100 0 0
Stamps, stationery, fuel, and light .. 55 0 0
Rates and insurance .. 13 1 3
Advertising .. 6 15 0
Books and printing .. 68 5 0
Sundries .. 4 15 0
Compensation to retiring Manager .. 1,400 0 0
Legal costs .. 2 12 6
————————
£263,841 2 5
=========

J. A. BRODRICK, Manager.
A. JACKSON, Accountant.

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 belief and knowledge it contains a true and correct statement of all the transactions of the bank during the year, and that the balance in the banks and cash in hand amount to £23,618 11s. 10d.

CUTHBERTSON & WEBB, F.P.A. (N.Z.),
JAS. E. HANNAH & SONS,
} Auditors.

HENRY WILSON, Vice-President.

P. L. GILKISON,
WILLIAM A. OTT,
C. J. BROAD,
JOHN MATHESON,
W. MACALISTER,
R. H. BRODRICK,
} Trustees.

ASSETS AND LIABILITIES.
Assets.
£ s. d.
To Investment in New Zealand Government .. 12,000 0 0
War Loans.. .. 190 5 4
Accrued interest ..
Invested on first mortgage of freehold
lands .. 137,013 0 0
Accrued interest .. 856 3 9
Current account National Bank of New
Zealand (Limited) .. 6,540 4 11
Deposits in National Bank of N.Z. (Ltd.) .. 14,000 0 0
Accrued interest .. 95 10 1
Cash in hand .. 3,078 6 11
Bank furniture .. 53 9 10
————————
£173,827 0 10
=========

To Balance .. .. .. .. £13,460 2 9
=========

Liabilities.
£ s. d.
By Amount due depositors .. 160,366 18 1
Balance .. 13,460 2 9
————————
£173,827 0 10
=========

J. A. BRODRICK, Manager.
A. JACKSON, Accountant.

We hereby certify that to the best of our belief and knowledge the above statement of the assets and liabilities