JUNE 4.] THE NEW ZEALAND GAZETTE. 1493

A. THOMAS, Manager.
W. HILLIKER, Accountant.
H. HART, President.
JAS. W. DOVE, Deputy President.
D. C. CAMERON
M. CONNELLY
JOHN H. F. HAMEL
D. G. MILLAN
A. STEEL
R. WALLS

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-bank 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-bank 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-bank
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, 1942.

Approved—
B. C. ASHWIN, Secretary to the Treasury,
75
7th May, 1942.

INVERCARGILL SAVINGS-BANK.

STATEMENT of Receipts and Payments for the year
ended 31st March, 1942:

RECEIPTS.
Cash in hand and at banks, 1st April, 1941
Amount lodged by depositors
Interest received on—
Mortgages
Fixed deposits
Government stock and debentures
Public-body debentures
Mortgages repaid during year
Investments matured
Bank premises : Rents
Property charges
Exchanges, fines, forms, and commission

£ s. d.
296,421 0 0
1,759,309 12 1
29,883 18 7
5,246 17 6
13,302 11 2
3,764 7 6
14,490 11 0
56,835 0 0
318 3 3
312 1 10
41 13 11

£2,179,925 16 10

PAYMENTS.
Invested on first mortgage during year
Repaid depositors
Purchase of stock and debentures
Charges and management expenses
Endowments and donations
Bank furniture
Property charges
Premium and brokerage on purchased
stocks and bonds
Cash in hand and at banks
Cash at Post Office Savings-bank

£ s. d.
16,695 0 0
1,530,248 11 10
355,850 18 0
9,931 17 3
285 0 0
19 15 0
610 9 8
572 4 3
263,712 0 10
2,000 0 0

£2,179,925 16 10

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31ST MARCH,
1942.

Dr.
Interest paid to depositors
Depreciation
Charges and management expenses
Written-off mortgages
Debenture Premium Account
Income-tax
Social and national security charges
Balance to Appropriation Account

£ s. d.
37,198 6 4
1,192 15 0
7,963 9 1
2,800 6 9
572 4 3
1,533 2 8
435 5 6
1,234 15 6

£52,930 5 1

Cr.
Interest on investments received and accrued
Bank premises : Rents received and accrued

£ s. d.
52,620 15 1
309 10 0

£52,930 5 1

PROFIT AND LOSS APPROPRIATION ACCOUNT FOR YEAR ENDED
31ST MARCH, 1942.

Dr.
Donations
Balance

£ s. d.
285 0 0
32,568 4 4

£32,853 4 4

Cr.
Balance, Profit and Loss Account, 1st April,
1941
Transfer from Profit and Loss Account

£ s. d.
31,618 8 10
1,234 15 6

£32,853 4 4

BALANCE-SHEET FOR YEAR ENDED 31ST MARCH, 1942.

Liabilities.
Amount at credit of depositors
Interest Suspense Account
Investment Fluctuation Account
Property Suspense Account
Income-tax Reserve Account
Profit and Loss Appropriation Account

£ s. d.
1,620,184 2 8
20,000 0 0
1,591 1 0
356 2 10
750 0 0
32,568 4 4

£1,675,449 10 10

Assets.
Bank premises
Less depreciation

£ s. d.
20,302 0 0
1,015 0 0

£ s. d.
19,287 0 0

Bank furniture
Less depreciation

1,769 15 0
177 15 0

1,592 0 0

National Bank and Bank of
New Zealand current
accounts

46,350 2 1

National Bank and Bank of
New Zealand Deposit
Accounts
Accrued interest

199,000 0 0
1,100 19 2

200,100 19 2

Invested first mortgage of
freehold lands
Accrued interest

687,564 0 2
10,242 11 6

697,806 11 8

New Zealand Government
stocks and debentures
Accrued interest

583,433 4 6
3,516 10 5

586,949 14 11

Public-body debentures
Accrued interest

100,300 0 0
916 15 1

101,216 15 1

Deposit, Post Office Savings-
bank
Accrued interest

2,000 0 0
34 7 6

2,034 7 6

National Savings Account
Sundry debtors
Rents accrued
Cash in hand

1,000 0 0
702 19 5
47 2 3
18,361 18 9

£1,675,449 10 10

N. A. BRODRICK, Manager.
N. R. WILLCOX, Accountant.

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

WILLIAM A. OTT, President.
ADAM HAMILTON, Deputy-President.
R. M. STRANG
W. M. C. DENHAM
THOS. O'BYRNE
D. W. STALKER
R. H. BRODRICK
D. M. MALLOCH

Trustees.

We, Cuthbertson and Osborne, being the auditors of the
Invercargill Savings-bank, appointed in terms of section 4 of
the Savings-bank 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 all
the requirements of the Savings-bank Act, 1908, and amend-
ments have been complied with, with the exception of
section 18 (subsection 1) and sections 20 and 50.

CUTHBERTSON AND OSBORNE.
D. CUTHBERTSON, F.P.A.N.Z.
GEO. OSBORNE, C.A.

Auditors.

Invercargill, 23rd April, 1942.

Approved—
B. C. ASHWIN, Secretary to the Treasury,
7th May, 1942.
73