1714
THE NEW ZEALAND GAZETTE.
No. 45

Auckland Savings-bank.

RECEIPTS and Payments Account for the year ended 31st March, 1931:—

RECEIPTS.
£ s. d.
Balance as at 1st April, 1930 (cash in hand and B.N.Z.).. .. 760,057 2 10
Received from depositors .. .. 4,262,253 1 1
Interest on mortgages .. .. 178,061 11 7
Interest on debentures .. .. 157,551 6 6
Interest on fixed deposit .. .. 1,250 0 0
Interest on Bank of New Zealand Working Account .. .. 26,567 17 3
Mortgages repaid .. .. 90,968 1 0
Debentures repaid .. .. 11,200 0 0
Fixed deposit repaid .. .. 50,000 0 0
Rent.. .. .. 1,066 5 0
Mortgage sundries .. .. 320 4 6
Securities realization .. .. 1,748 13 0
£5,541,044 2 9

PAYMENTS.
£ s. d.
Repaid depositors .. .. 4,199,264 18 4
Advanced on mortgage .. .. 283,250 0 0
Advanced on debentures .. .. 275,800 0 0
Charges .. .. 27,291 2 6
Premises and property .. .. 5,743 2 5
Furniture and fittings .. .. 1,651 4 4
Rent .. .. 20 0 0
Donations .. .. 7,750 0 0
Mortgage sundries .. .. 878 16 8
Securities realization .. .. 3,684 1 1
Balance, Working Account,
Bank of New Zealand £ s. d.
695,150 16 9
Balance, cash in hand .. 40,560 0 8
735,710 17 5
£5,541,044 2 9

REVENUE ACCOUNT FOR YEAR ENDED 31ST MARCH, 1931.

Dr.
£ s. d.
Interest added on depositors’ accounts closed during year .. .. 8,284 14 1
Interest added on depositors’ open accounts .. .. 262,771 9 4
Interest added on Provident Fund open accounts .. .. 788 11 6
Balance—Gross profit .. .. 98,188 12 4
£370,033 7 3

Cr.
£ s. d.
Interest on mortgages .. .. 183,422 19 0
Interest on debentures .. .. 158,979 3 6
Interest on fixed deposit with Bank of New Zealand .. .. 17 2 6
Interest on working account with Bank of New Zealand .. .. 26,567 17 3
Rent .. .. 1,046 5 0
£370,033 7 3

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31ST MARCH, 1931.

Dr.
£ s. d.
Charges (ordinary) .. .. 28,125 9 4
Charges (Provident Fund) .. .. 2,226 4 8
Balance—Net profit .. .. 67,836 18 4
£98,188 12 4

Cr.
£ s. d.
Gross profit .. .. 98,188 12 4

APPROPRIATION ACCOUNT FOR YEAR ENDING 31ST MARCH, 1931.

Dr.
£ s. d.
Premises (written off) .. .. 1,743 2 5
Furniture and fittings (written off) .. .. 1,651 4 4
Transfer to Securities Reserve Account .. .. 15,000 0 0
Transfer to Reserve and Investment Fluctuation Account .. .. 50,000 0 0
Balance forward .. .. 2,019 19 2
£70,414 5 11

Cr.
£ s. d.
By Balance, 1st April, 1930..10,327 7 7
Less donations paid .. 7,750 0 0
2,577 7 7
Net profit for year ended 31st March, 1931 67,836 18 4
£70,414 5 11

BALANCE-SHEET AS AT 31ST MARCH, 1931.

Assets.
£ s. d.
First mortgages on freehold property .. 3,118,107 10 9
Interest accrued due .. .. 32,188 15 0
Debentures at cost—
New Zealand Government Inscribed Stock 1,884,736 0 0
New Zealand Government Inscribed Stock (War Loan) .. .. 200,000 0 0
Local bodies’ .. .. 1,003,516 0 0
Interest accrued .. .. 23,749 17 6
Rent accrued due .. .. 256 5 0
Securities in course of realization £ s. d.
.. .. 29,378 19 2
Less reserve .. .. 19,075 10 11
10,303 8 3
Premises and property .. .. 85,000 0 0
Furniture and fittings .. .. 5,000 0 0
Cash—Bank of New Zealand working account and in hand .. .. 735,710 17 5
£7,098,568 13 11

Liabilities.
£ s. d.
Amount at credit of depositors—
Savings-bank Ordinary Department .. 6,362,930 14 6
Thrift Clubs Department .. .. 20,257 14 9
Penny Bank Department .. .. 18,843 2 5
Schools Banks Department .. .. 16,256 12 10
Staff Provident Fund .. .. 18,260 10 3
Reserve and Investment Fluctuation Account .. .. 660,000 0 0
Profit and Loss Appropriation Account .. .. 2,019 19 2
£7,098,568 13 11

We hereby certify that, to the best of our belief, the above balance-sheet is correct.

CLEM BARTLEY, Manager.
T. N. SMALLWOOD, Accountant.
JOHN ALEXANDER, President.
C. ANDERSON, Deputy-President.

H. E. VAILE,
ALFRED S. BANKART,
N. ALFRED NATHAN,
JOHN JENKIN,
R. E. ISAACS,
H. GILFILLAN,
E. A. BROWN,
ROBERT FARRELL,
G. W. SAUNDERS,
C. J. PARR,
A. J. ENTRICAN,

Trustees.

We, the undersigned, being the auditors of the Auckland 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 31st March, 1931, 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 31st March, 1931. (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.

W. WALLACE BRUCE, F.I.A. (N.Z.),
F. C. BUDDLE, A.P.A. (N.Z.),

Auditors.

26th May, 1931.

Approved—
BLEDISLOE, Governor-General.

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