1820

THE NEW ZEALAND GAZETTE.

[No. 59

REVENUE ACCOUNT FOR YEAR ENDED 31ST MARCH, 1938.

Dr.
Interest added on depositors' accounts and Provident Fund
Balance-Gross profit..

£
s.d.

233,503 12 1
123,478 18 11

£356,982 11 0

Cr

£
s.d.

Interest on mortgages
Interest on debentures
Interest on fixed deposit
Interest on Bank of New Zealand Current Account
Safe custody fees and sundries

167,761 4 6
167,533 18 2
2,081 13 0
18,452 1 0

355,828 16 8
1,153 14 4

£356,982 11 0

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31ST MARCH, 1938.

Dr.
Charges and administration expenses
Donation
Bad debts, depreciation, and contingencies, &c.
Balance-Net profit

£
s.d.

45,053 14 8
500 0 0
15,735 13 3
69,798 6 9

£131,087 14 8

Cr.
Revenue Account-Gross profit
Bad debts recovered

£
s.d.

123,478 18 11
7,608 15 9

£131,087 14 8

APPROPRIATION ACCOUNT FOR YEAR ENDED 31ST MARCH, 1938.

Dr.
Transferred to reserve for income-tax and donations
Transferred to Reserve and Investment Fluctuation Account
Balance carried forward

£
s.d.

24,750 0 0
45,356 17 9
8,874 1 2

£78,980 18 11

Cr.
Balance, 1st April, 1937.
Profit and Loss Account-Net profit

£
s.d.

9,182 12 2
69,798 6 9

£78,980 18 11

BALANCE-SHEET AS AT 31ST MARCH, 1938.

Liabilities.
Amount at credit of depositors-
Savings-bank Ordinary Department
Thrift Clubs' Department
Penny Bank Department
Schools' Banks Department
Deposit fees on Home Safes Account
Mortgagors' Suspense Account
Staff Provident Fund Account
Reserve and Investment Fluctuation Account
Reserve for Income-tax and Donations Account
Profit and Loss Appropriation Account

£
s.d.

8,526,176 5 11
44,569 12 4
14,303 12 0
17,198 8 10
1,221 6 6
1,172 3 11
53,192 17 5
885,000 0 0
28,652 6 3
8,874 1 2

8,602,247 19 1

£9,580,360 14 4

Assets.

£
s.d.

First mortgages
Interest and sundries due and accrued
New Zealand Government Inscribed Stock and State Advances Corporation Stock
Interest accrued
Local bodies debentures
Interest accrued
Securities in course of realization (net)
Premises and property
Furniture and fittings
Home safes
Fixed deposit with Bank of New Zealand
Interest accrued
Cash in hand and Bank of New Zealand Current Account

3,794,751 0 10
27,014 3 2
2,812,741 4 0
30,902 3 11
1,699,034 6 3
21,313 11 5
24,610 19 9
68,000 0 0
1,500 0 0
500 0 0
80,000 0 0
407 10 7
1,019,585 14 5

3,821,765 4 0
2,843,643 7 11
1,720,347 17 8
70,000 0 0
80,407 10 7

£9,580,360 14 4

F. E. SUTHERLAND, Manager.

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

ALEXR. HARRIS, President.
E. A. BROWN, Deputy-President.
R. E. ISAACS
G. W. SANDERS
J. TREVETHICK
O. NICHOLSON
E. ANDERSON
JOHN ALEXANDER
H. GILFILLAN

Trustees.

We hereby certify that we have examined the above statement of the receipts and payments of the Auckland Savings-bank, and to the best of our belief it contains a true and correct account of all the cash transactions of the bank during the twelve months, and that the balance of cash amounts to one million nineteen thousand five hundred and eighty-five pounds fourteen shillings and fivepence (£1,019,585 14s. 5d.).

ALEXR. HARRIS, President.
E. A. BROWN, Deputy-President.
R. E. ISAACS
G. W. SANDERS
JOHN ALEXANDER
O. NICHOLSON
E. ANDERSON
J. TREVETHICK
H. GILFILLAN

Trustees.

We hereby certify that in accordance with the requirements of auditors we have examined the books and vouchers relating to the above record of receipts and payments, and that such is drawn up so as to exhibit a true and correct statement.

F. C. BUDDLE, A.P.A.N.Z.
N. A. DUTHIE, F.P.A.N.Z.

Auditors.

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, 1938, 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, 1938. (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, excepting the provisions of sections 18, 20, and 50 of the principal Act, which have been observed to the extent that is practicable.

F. C. BUDDLE, A.P.A.N.Z.
N. F. DUTHIE, F.P.A.N.Z.

Auditors.

Approved-

GALWAY, Governor-General.

13th July, 1938.

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