1922

THE NEW ZEALAND GAZETTE.

DUNEDIN SAVINGS-BANK.

STATEMENT of Receipts and Payments for the year ended 31st March, 1939:

RECEIPTS.

Balance at 1st April, 1938
Lodged by depositors—
Head Office
South Dunedin Branch
North Dunedin Branch
Interest on loans
Rent
Fines
Valuation Fees
Loans repaid
Charges
Debentures repaid
Debenture interest
Bank interest
Staff Provident Fund

£ s. d.
39,184 0 2

£ s. d.
813,662 8 11
114,178 16 7
58,770 1 6

986,611 7 0
69,869 10 2
528 2 2
12 15 0
53 11 0
85,424 5 8
13 2 9
13,062 2 6
39,655 19 2
2,187 6 9
105 10 8

£1,236,707 13 0

Balance

...
...

£ s. d.
29,298 10 9

PAYMENTS.

Withdrawn by depositors—
Head Office
South Dunedin Branch
North Dunedin Branch
Loan interest
Buildings
Valuation fees
Trustees' fees
Trustees' valuation fees
Loans granted
Charges
Debentures purchased
Salvation Army grant
Grants
Office furniture
Staff Provident Fund
Balance at 31st March, 1939

£ s. d.
766,749 2 10
125,927 13 2
70,578 1 8

963,254 17 8
33 15 0
15,239 15 3
50 8 0
205 0 0
186 18 0
173,077 18 9
19,084 9 5
34,649 13 4
192 10 8
900 0 0
523 15 9
10 0 5

£1,236,707 13 0

£ s. d.
29,298 10 9

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 1939.

Dr.

Interest credited to depositors—
Head Office
South Dunedin Branch
North Dunedin Branch
Charges, including salaries, trustees’ fees, branch charges, &c.
Income-tax
Depreciation—
Buildings
Office furniture
Balance transferred to Appropriation Account

£ s. d.
51,974 15 5
12,349 8 3
8,111 3 10

72,435 7 6

...
...

£ s. d.
8,545 3 8
10,927 10 0

£ s. d.
1,739 15 3
163 15 9

1,903 11 0

18,146 4 11

£111,957 17 1

Cr.

Interest on loans
Interest on deposits
Interest on debentures
Rents
Fines

£ s. d.
69,553 7 4
2,187 6 9
39,674 15 10

111,415 9 11
529 12 2
12 15 0

£111,957 17 1

APPROPRIATION ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 1939.

Dr.

Losses on loans on mortgage
Grants—
Salvation Army
Dunedin Voluntary Blood Transfusion Society
St. John Ambulance Association
Otago Hospital Board Children’s Health Camp
Methodist Central Mission Children’s Health Camp
Balance

£ s. d.
2,116 11 4

192 10 8

50 0 0
500 0 0
100 0 0
250 0 0

225,316 8 0

£228,525 10 0

Cr.

Balance
Transfer from Profit and Loss Account..

£ s. d.
210,379 5 1
18,146 4 11

£228,525 10 0

Balance

£ s. d.
225,316 8 0

BALANCE-SHEET AS AT 31ST MARCH, 1939.

Liabilities.

Amount at credit of 38,549 depositors—

£ s. d.
29,713 Head Office .. 1,825,838 15 10
5,731 South Dunedin
Branch .. .. .. 423,085 16 3
3,105 North Dunedin
Branch .. .. .. 278,159 5 0

2,527,083 17 1

Debenture Premium Account .. ..
Staff Provident Reserve Fund .. ..
Staff Provident Fund
Profit and Loss Appropriation Account (subject to payment of income-tax and Social Security tax)

20,228 15 2
157 0 6
8,338 14 2
225,316 8 0

£2,781,124 14 11

Assets.

£ s. d.
Office furniture 2,063 15 9
Less depreciation 163 15 9

1,900 0 0

Land and buildings 49,239 15 3
Less depreciation 1,739 15 3

47,500 0 0

Valuation fees 13 15 6
Loans on mortgage 1,613,716 19 5
Accrued interest 13,994 3 7

1,627,711 3 0

Debentures—
New Zealand Government .. .. .. 137,385 0 0
New Zealand War Bonds 147,295 0 0
Local bodies .. .. 702,287 11 9
Accrued interest.. 6,123 6 4

993,090 18 1

Fixed deposits 80,000 0 0
Accrued interest 1,610 7 7

81,610 7 7

Cash at bank

29,298 10 9

£2,781,124 14 11

A. THOMAS, Manager.
W. G. HILLIKER, Accountant.
A. E. ANSELL, President.
D. C. CAMERON, Deputy-President.
JOHN H. F. HAMEL
H. HART
JAS. W. DOVE

We, J. S. McInnes and Sons, 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.

J. S. McINNES AND SONS,
JAS. BROWN AND CO.
Auditors.

Dunedin, 27th April, 1939.

Approved—

GALWAY, Governor-General.

14th June, 1939.

[No. 49