JULY 2.] THE NEW ZEALAND GAZETTE. 1273

NEW PLYMOUTH SAVINGS-BANK.

STATEMENT of Receipts and Payments for the year ended 31st March, 1936:—

RECEIPTS.
To Cash and bank balances as at 1st April, 1935 £ s. d. 11,576 4 2
Cash on fixed deposit at Bank of New Zealand .. 28,000 0 0
Cash on deposit at Post Office Savings-bank .. 2,456 7 4
Deposits .. .. .. 459,859 2 0
Interest credited to depositors and Staff Provident Fund .. .. 20,702 5 10
Loans and advances repaid .. .. 12,636 10 0
Interest on mortgages and investments .. 31,104 14 3
Sales of money-boxes .. .. 39 17 6
Rents received (properties taken over) .. 434 1 6
Valuation fees .. .. .. 181 4 0
Refund rates, insurance and taxes .. 473 0 0
Repayment of advances for maintaining properties .. .. .. 569 6 0
Insurance claim paid .. .. 450 0 0
£568,482 12 7

PAYMENTS.
By Withdrawals.. .. .. 397,553 8 0
Interest paid and credited to depositors and Staff Provident Fund .. .. 20,702 5 10
Advances made .. .. 70,112 3 0
Local body debentures purchased .. 414 0 0
New Zealand Government Inscribed Stock 10,971 12 11
Furniture purchased .. .. .. 19 0 6
Management charges, including salaries, audit fees, and trustees' fees .. 3,347 19 7
Rates and insurances .. .. 139 2 0
Advertising, printing, and stationery .. 327 15 7
Donations .. .. .. .. 635 0 0
Income-tax .. .. .. .. 845 9 11
Expenses inspecting and maintaining securities .. .. .. 385 18 11
Insurance money refunded .. .. 450 0 0
Insurance and rates advanced to borrowers .. 651 4 3
Sundry advances to borrowers for maintaining and improving properties .. 1,265 17 1
Working expenses properties taken over by bank .. .. .. 254 6 7
Money-boxes purchased .. .. 185 9 3
Interest refunded .. .. .. 44 2 6
£ s. d
Cash and bank balances .. 30,177 9 4
Cash on fixed deposit at Bank of New Zealand .. 28,000 0 0
Cash on deposit at Post Office Savings-bank .. 2,000 7 4
60,177 16 8
£568,482 12 7

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31ST MARCH, 1936.
Dr. £ s. d.
To Interest credited to depositors' accounts.. 20,605 8 0
Management expenses and charges .. 3,966 13 10
Expenses inspecting and maintaining securities .. .. 210 7 11
Depreciation written off .. .. 318 18 6
Net profit transferred to Profit and Loss Appropriation Account .. .. 5,494 0 8
£30,595 8 11
Cr. £ s. d.
By Interest received and accrued on mortgages and investments .. 30,352 0 6
Net revenue from properties taken over by the Bank .. .. 243 8 5
£30,595 8 11

PROFIT AND LOSS APPROPRIATION ACCOUNT FOR YEAR ENDED 31ST MARCH, 1936.
Dr. £ s. d.
To Donations .. .. .. .. 635 0 0
Principal written off mortgages .. 2,048 19 6
Transfer to income-tax reserve .. 753 8 10
Balance carried down .. .. 45,191 15 7
£48,629 3 11
Cr. £ s. d
By Balance at 1st Aprit, 1935 .. .. 43,135 3 3
Net profit for year transferred .. .. 5,494 0 8
£48,629 3 11
£ s. d.
By Balance carried forward .. .. 45,191 15 7

BALANCE-SHEET AS AT 31ST MARCH, 1936.
Liabilities. £ s. d.
Credit balances of depositors .. .. 775,734 7 6
Staff Provident Fund .. .. 2,444 5 0
Sundry creditors. .. .. .. 42 10 0
Property and Investment Fluctuation Reserve 4,000 0 0
Reserve for Income-tax .. .. .. 800 0 0
Profit and Loss Appropriation Account .. 45,191 15 7
£828,212 18 1
Assets. £ s. d. £ s. d.
Cash and bank balances— Cash in hand .. .. 2,910 4 8
Cash at Bank of New Zealand— On Current Account .. 27,267 4 8
On Fixed Deposit, including accrued interest thereon 28,131 12 10
On deposit with Post Office Savings-bank .. 2,052 17 4
60,361 19 6
Investments— New Zealand Government Inscribed Stock at cost (Par value £97,740) .. 98,795 19 3
Local bodies' debentures at par 28,599 14 3
Accrued interest thereon .. 1,325 2 8
128,720 16 2
Advances— Loans on first mortgage of freehold property :— Principal owing.. .. 609,941 7 1
Rates, land-tax, and insurance still owing at 31st March, 1936 .. 302 8 10
Interest unpaid.. .. 4,318 14 0
614,562 9 11
Interest accrued .. 2,161 9 8
616,723 19 7
Bank premises and land .. 11,603 0 0
Less depreciation on building 197 0 0
11,406 0 0
Office plant and machinery .. 779 0 6
Less depreciation .. .. 121 18 6
657 2 0
Properties taken over by Bank .. .. 10,117 16 7
Stock of money-boxes .. .. 225 4 3
£828,212 18 1
G. E. DINNISS, Manager.
C. LASH, Accountant.
R. COCK, President.
G. W. BROWNE, Deputy President.
JAMES McLEOD,
R. H. GEORGE,
W. C. WESTON,
C. E. BELLRINGER,
L. A. NOLAN
We, the undersigned, being the auditors of the New Plymouth 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 in his opinion all the requirements of the Savings-banks Act, 1908, and its amendments, have been complied with, with the exception of sections 18, 20, and 50 of the principal Act, which have been observed to the extent that is practicable.
DUFF AND WYNYARD, Public Accountants,
Auditors.
New Plymouth, 20th April, 1936.
Approved— GALWAY, Governor-General.
17th June, 1936. 527