1922
THE NEW ZEALAND GAZETTE.
[No. 48

Cr.
£ s. d.
Amount at credit of Profit and Loss Account, 31st March, 1927 .. .. 24,654 16 8
Profit for the year .. .. .. 4,245 10 2
£28,900 6 10

BALANCE-SHEET AS AT 31ST MARCH, 1928.

Assets.
Invested in New Zealand Government War £ s. d.
Loans .. .. .. 12,000 0 0
Accrued interest .. .. .. 191 16 0
Invested in first mortgage .. .. 451,579 8 5
Accrued interest .. .. .. 4,758 13 6
National Bank of New Zealand fixed deposits 28,000 0 0
Accrued interest .. .. .. 250 16 8
National Bank and Bank of New Zealand .. .. ..
current accounts .. .. .. 24,876 11 9
Bank furniture .. £948 9 0
Less depreciation .. 47 8 0
901 1 0
Bank premises .. .. .. 15,580 17 0
Cash in hand .. .. .. 17,284 18 11
£555,424 3 3

Liabilities.
£ s. d.
Amount at credit of depositors .. .. 528,123 17 10
Property Suspense Account .. .. 510 11 7
Balance of Profit and Loss Appropriation .. .. 26,789 13 10
Account .. .. ..
£555,424 3 3

N. A. BRODRICK, Manager.
H. R. WILLCOX, Accountant.

We hereby certify that to the best of our knowledge and belief the above is a true and correct balance-sheet.
C. J. BROAD, President.
WILLIAM A. OTT,
R. H. BRODRICK,
W. MACALISTER,
ADAM HAMILTON,
J. GILKISON,
} Trustees.

We, Denniston Cuthbertson and Charles Edward Hannah, being the auditors of the Invercargill Savings-bank, appointed in terms of section 4 of the Savings-banks Amendment Act, 1923, hereby certify—(1) That we are satisfied that the foregoing balance-sheet has been properly drawn up from the books, accounts, and vouchers of the Savings-bank so as to exhibit a true and correct view of the state of the Savings-bank’s affairs as at the date thereof, in accordance with the requirements of the Savings-banks Amendment Act, 1923. (2) That we have verified the cash, investments, securities, and assets of the Savings-bank as at the date of the balance-sheet. (3) That we have obtained all the information and explanations we have required. (4) That the manager has certified that all the requirements of the Savings-banks Act, 1908, and amendments, have been complied with, with the exception of section 18, subsection (1) and section 20.
D. CUTHBERTSON, F.P.A. (N.Z.),
CHAS. E. HANNAH, A.P.A. (N.Z.),
} Auditors.

Approved—
CHARLES FERGUSSON, Governor-General.
561

Hokitika Savings-bank.

RECEIPTS and Payments Account for the year ended 31st March, 1928:—

RECEIPTS.
Cash in banks on 31st March, 1927—
On fixed deposit .. .. .. 26,885 0 0
On current account .. .. .. 1,602 9 1
Amount lodged by depositors .. .. 46,409 17 9
Interest credited during period .. .. 190 14 9
Interest for year ended 31st March, 1928 .. 4,360 0 0
Office account (rent) .. .. .. 51 0 0
Interest on fixed deposits .. .. 1,229 19 9
Interest on mortgages .. .. 4,624 17 4
Interest on Inscribed Stock and Bonds .. 916 7 5
Interest on Westland County debentures .. 181 1 0
Mortgages repaid .. .. .. 10,035 2 1
Westland County debentures repaid .. .. 607 0 0
Government Bonds repaid .. .. 8,050 0 0
£105,143 9 2

PAYMENTS.
£ s. d.
Repaid depositors .. .. .. 47,402 7 9
Interest credited depositors .. .. 4,550 14 9
Invested on mortgage .. .. 16,903 2 11
Charges .. .. .. 972 8 11
Cash in Bank of New South Wales—
On open account .. .. .. 7,507 1 10
On fixed deposit .. .. .. 9,900 0 0
Cash in Bank of New Zealand—
On open account .. .. .. 12 1 3
On fixed deposit .. .. .. 8,340 0 0
Cash in National Bank of N.Z. (Limited)—
On open account .. .. .. 0 7 4
On fixed deposit .. .. .. 7,950 0 0
Office furniture .. .. .. 55 2 0
Doubtful Debts Suspense Account .. 1,550 2 5
£105,143 9 2

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 1928.

Dr.
£ s. d.
To Amount written off mortgages against loss or probable loss.. .. .. 1,143 1 7
Charges .. .. .. 921 8 11
Balance carried forward .. .. 20,308 16 5
£22,373 6 11

Cr.
£ s. d.
Amount at credit of Profit and Loss Account, 1st April, 1927 .. .. 19,875 12 8
Interest Account .. .. 2,497 14 3
£22,373 6 11

BALANCE-SHEET AS AT 31ST MARCH, 1928.

Assets.
£ s. d.
First mortgage on freehold land .. .. 76,706 9 8
Inscribed stock and debentures at cost .. 14,000 0 0
Westland County debentures at cost .. 2,756 0 0
Doubtful Debts Account .. .. 407 0 10
Fixed deposit, Bank of New South Wales .. 9,900 0 0
Fixed deposit, Bank of New Zealand .. 8,340 0 0
Fixed deposit, National Bank of New Zealand 7,950 0 0
Cash on current account, Bank of New South Wales.. .. .. 7,507 1 10
Cash on current account, Bank of New Zealand .. .. .. 12 1 3
Cash on current account, National Bank of New Zealand .. .. .. 0 7 4
Bank premises and office furniture .. 3,080 2 0
Interest accrued .. .. .. 1,443 1 0
£132,102 3 11

Liabilities.
£ s. d.
Amount due depositors .. .. .. 111,793 7 6
Balance Profit and Loss Account .. .. 20,308 16 5
£132,102 3 11

ALEX. AITKEN, Acting Manager.

We hereby certify that to the best of our knowledge and belief the above balance-sheet is correct.
H. L. MICHEL,
C. EVANS,
GEORGE PERRY,
J. D. LYNCH,
D. J. EVANS,
W. E. WILLIAMS,
E. TEICHELMANN,
} Trustees.

I, John Hamilton Wilson, being the auditor of the Hokitika Savings-bank, appointed in terms of section 4 of the Savings-banks Amendment Act, 1923, hereby certify—(1) That I am satisfied that the foregoing balance-sheet has been properly drawn up from the books, accounts, and vouchers of the Savings-bank so as to exhibit a true and correct view of the state of the Savings-bank’s affairs as at the date thereof, in accordance with the requirements of the Savings-banks Amendment Act, 1923. (2) That I have verified the cash, investments, securities, and assets of the Savings-bank as at the date of the balance-sheet. (3) That I have obtained all the information and explanations I have required. (4) That the manager has certified that all the requirements of the Savings-banks Act, 1908, and amendments, have been complied with.
J. H. WILSON, A.P.A. (N.Z.), Auditor.
Hokitika, 26th April, 1928.
Approved—
CHARLES FERGUSSON, Governor-General.
563