1734

THE NEW ZEALAND GAZETTE.

[No. 49

Dunedin Savings-bank.

RECEIPTS and Payments Statement for Twelve Months
ended 31st March, 1932:—

RECEIPTS.

To Balance, 1st April, 1931
£ s. d.
Lodged by depositors—
£ s. d.
Head Office 690,136 7 9
South Dunedin Branch 166,536 1 6
North Dunedin Branch 125,234 4 11
————————
981,906 14 2
Interest on loans 59,244 3 10
Loans repaid 29,392 5 1
Bank interest 3,939 7 3
Rents 1,219 6 7
Debenture interest 43,943 10 0
Debenture 28,400 0 0
Fines 10 15 0
Valuation fees 15 15 0
————————
£1,179,326 12 10

To Balance, 1st April, 1932 £ s. d.
54,301 0 1

PAYMENTS.

By Withdrawn by depositors— £ s. d. £ s. d.
Head Office 703,105 8 10
South Dunedin Branch 160,549 18 6
North Dunedin Branch 111,796 11 11
————————
975,451 19 3
Charges 5,765 11 10
Loans granted 120,614 3 2
Trustees fees 289 0 0
Debentures 21,683 10 0
Building 331 16 0
Valuation fees 15 15 0
Debenture interest 23 17 6
Grants—Relief of Distress—
Mayor’s Fund 250 0 0
Otago Hospital and Charitable Aid Board 100 0 0
Salvation Army 500 0 0
Balance 54,301 0 1
————————
£1,179,326 12 10

PROFIT AND LOSS ACCOUNT FOR TWELVE MONTHS ENDED
31ST MARCH, 1932.

Dr.

To Interest credited to de- £ s. d. £ s. d.
positors—
Head Office 54,057 8 6
South Dunedin Branch 18,187 16 1
North Dunedin Branch 12,400 2 10
————————
84,645 9 5
Charges, including salaries, trustees’ fees,
and branch charges 6,054 11 10
Depreciation—
Office furniture 100 0 0
Building 2,331 16 0
Transfer to Property Suspense Account 7,000 0 0
Balance transferred to Appropriation
Account 11,977 19 8
————————
£112,109 16 11

Cr.

By Interest on loans £ s. d. £ s. d.
62,371 2 6
Interest on deposits 4,043 12 8
Interest on debentures 44,465 0 2
————————
110,879 15 4
Rents 1,219 6 7
Fines 10 15 0
————————
£112,109 16 11

APPROPRIATION ACCOUNT FOR YEAR ENDED 31ST MARCH, 1932.

Dr.

To Grants—Relief of Distress— £ s. d.
Salvation Army 500 0 0
Mayor’s Fund 250 0 0
Otago Hospital Board 100 0 0
Transfer to Retiring Officers’ Benefit
Fund 1,000 0 0
Balance 117,435 6 9
————————
£119,285 6 9

Cr.

By Balance, 1st April, 1931 £ s. d.
107,307 7 1
Transfer from Profit and Loss Account 11,977 19 8
————————
£119,285 6 9

By Balance, 1st April, 1932 £ s. d.
117,435 6 9

BALANCE-SHEET AS AT 31ST MARCH, 1932.

Liabilities.

Amount at credit of 29,594 £ s. d. £ s. d.
depositors—
21,132, Head Office 1,305,973 7 8
5,172, South Dunedin 443,318 12 4
Branch ..
3,290, North Dunedin
Branch .. 308,195 1 8
————————
2,057,487 1 8
Retiring Officers’ Benefit Fund 4,000 0 0
Property Suspense Account 14,376 5 10
Debenture Premium Account 3,116 16 2
Profit and Loss Appropriation Account 117,435 6 9
————————
£2,196,415 10 5

Assets.

                        £  s.  d.    £  s.  d.

Office furniture 700 0 0
Less depreciation 100 0 0
————————
600 0 0
Land and Building 32,331 16 0
Less depreciation 2,331 16 0
————————
30,000 0 0
Rents accrued 280 0 0
Loans on Mortgage 1,247,569 11 10
Accrued interest 18,336 1 7
————————
1,265,905 13 5

Debentures—
New Zealand Government 45,988 12 6
New Zealand War Bonds 153,450 0 0
Local Bodies 586,329 17 1
Accrued interest 7,845 13 2
————————
793,564 2 9
Fixed Deposits 50,000 0 0
Accrued interest 1,764 14 2
————————
51,764 14 2
Cash at bank 66,531 7 6
Less outstanding cheques 12,230 7 5
————————
54,301 0 1
————————
£2,196,415 10 5

G. L. DENNISTON, President.
ERNEST A. ROSEVEAR, Deputy-President.
JOHN H. F. HAMEL,
J. B. SHACKLOCK,
JAS. W. DOVE,
H. HART,
H. E. MOLLER,
GEORGE LAWRENCE,
THOS. C. HARRISON, } Trustees.
JAS. QUAILE, Manager.
A. THOMAS, Accountant.

We, William Brown and Co., and Jas. Brown and Co.,
being the Auditors of the Dunedin Savings-bank, appointed
in terms of section 4 of the Savings-banks Amendment Act
1923, hereby certify: (1) That we are satisfied that the fore-
going 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 hereof, 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 we have received
from the manager a certificate to the effect that to the best
of his knowledge and belief, the terms of the Savings-banks
Act, 1908, and amendments have been complied with, ex-
cepting section 20 of the principal Act, and section 44 of the
Finance Act, 1921.

WILLIAM BROWN AND CO.,
JAS. BROWN AND CO., } Auditors.

Dunedin, 25th June, 1932.

Approved—
BLEDISLOE, Governor-General.

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