JUNE 8.]

DUNEDIN SAVINGS-BANK.

STATEMENT of Receipts and Payments for Twelve Months ended 31st March, 1933:

RECEIPTS.
£ s. d.
Balance, 1st April, 1932
54,301 0 1
Lodged by depositors—
Head Office .
649,516 10 11
South Dunedin Branch
138,081 2 10
North Dunedin Branch
91,981 9 9
879,579 3 6
Interest on loans
56,490 19 0
Loans repaid ..
34,416 4 1
Bank interest ..
4,167 15 9
Rents
739 7 5
Debenture interest
42,931 19 1
Debenture
1,752 15 0
Fines
10 5 0
Valuation fees ..
34 12 0
Charges
8 9 0
£1,074,432 9 11
Balance, 1st April, 1933 ..
61,658 15 3
PAYMENTS.
Withdrawn by depositors—
£ s. d. £ s. d.
Head Office
629,892 17 8
South Dunedin Branch ..
138,172 2 5
North Dunedin Branch
93,675 4 3
861,740 4 4
Charges
6,030 8 6
Loans granted .
.. 67,634 3 11
Trustees fees
257 0 0
Debentures
68,994 19 3
Building ..
1,482 14 5
Valuation fees
44 2 0
Debenture interest
77 2 6
Rents ..
2 10 0
Office furniture ..
1,738 14 3
Debenture interest stamp duty
4,046 15 6
Grants—Relief of Distress—
Otago Hospital and Charitable Aid Board
500 0 0
Dunedin Central Mission
100 0 0
Otago Allied Building Industries
25 0 0
Otago Hospital Board—Children’s Con-
valescent Camp
100 0 0
Balance ..
61,658 15 3
£1,074,432 9 11

PROFIT AND LOSS ACCOUNT FOR TWELVE MONTHS ENDED 31ST MARCH, 1933.
Dr.
To Interest credited to de-
positors—
Head Office ..
49,588 11 1
South Dunedin Branch
17,160 7 4
North Dunedin Branch
11,969 11 5
78,718 9 10
Charges, including salaries, trustees’ fees,
and branch charges
6,265 14 6
Depreciation—
Office furniture
338 14 3
Building
1,482 14 5
Bad debts
2,760 9 11
Balance transferred to Appropriation
Account ..
10,595 9 2
£100,161 12 1
Cr.
£ s. d.
By Interest on loans
54,816 3 5
Interest on deposits
4,065 19 2
Interest on debentures ..
40,562 7 1
99,444 9 8
Rents ..
706 17 5
Fines ..
10 5 0
£100,161 12 1

APPROPRIATION ACCOUNT FOR YEAR ENDED 31ST MARCH, 1933.
Dr.
To Grants—Relief of Distress—
Otago Hospital Board
500 0 0
Dunedin Central Mission
100 0 0
Otago Allied Building Industries
25 0 0
Otago Hospital Board—Children’s Con-
valescent Camp
100 0 0
Transfers to Retiring Officers’ Benefit
Fund ..
2,000 0 0
Balance ..
125,305 15 11
£128,030 15 11

Cr.
£ s. d.
By Balance, 1st April, 1932
117,435 6 9
Transfer from Profit and Loss Account ..
10,595 9 2
£128,030 15 11
By Balance, 1st April, 1933
£125,305 15 11

BALANCE-SHEET AS AT 31ST MARCH, 1933.

Liabilities.
Amount at credit of 30,708
£ s. d. £ s. d.
depositors—
21,902, Head Office
1,375,185 12 0
5,449, South Dunedin
460,388 0 1
Branch
3,357, North Dunedin
Branch
318,470 18 7
2,154,044 10 8
Retiring Officers’ Benefit Fund
6,000 0 0
Provision against losses on loans on mort-
gage
10,429 14 6
Debenture Premium Account
3,179 16 2
Profit and Loss Appropriation Account
125,305 15 11
£2,298,959 17 3

Assets.
£ s. d. £ s. d.
Office furniture
2,338 14 3
Less depreciation
338 14 3
2,000 0 0
Land and buildings
31,482 14 5
Less depreciation
1,482 14 5
30,000 0 0
Rents accrued
250 0 0
Valuation fees..
9 10 0
Loans on mortgage
1,276,745 16 10
Accrued interest
14,009 4 7
1,290,755 1 5
Debentures—
New Zealand Government
65,682 12 6
New Zealand War Bonds
163,400 5 0
Local Bodies
624,371 4 10
Accrued interest
9,169 10 8
862,623 13 0
Fixed deposits
50,000 0 0
Accrued interest
1,662 17 7
51,662 17 7
Cash at bank
72,700 5 0
Less outstanding cheques
11,041 9 9
61,658 15 3
£2,298,959 17 3

JAS. QUAILE, Manager.
A. THOMAS, Accountant.

G. L. DENNISTON, President.
J. B. SHACKLOCK, Deputy-President.
THOS. C. HARRISON,
JOHN H. F. HAMEL,
H. E. MOLLER,
JAS. W. DOVE,
H. HART,
{ Trustees.

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 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 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, excepting section 20 of the principal Act, and section 44 of the Finance Act, 1921.

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

Dunedin, 28th April, 1933.
Approved—
BLEDISLOE, Governor-General.
17th May, 1933.