JUNE 15]

Subject to payment of income-tax, social security, and national
security taxes.

A. THOMAS, Manager.
W. HILLIKER, Accountant.
D. C. CAMERON, President.
R. WALLS, Deputy President.

JOHN H. F. HAMEL
A. STEEL
JAS. W. DOVE
D. G. McMILLAN
M. CONNELLY

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 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, 21st April, 1944.

Approved—
E. L. GREENSMITH,
Assistant Secretary to the Treasury,
30th May, 1944.

INVERCARGILL SAVINGS-BANK

RECEIPTS
£ s. d.
Cash in hand and at banks, 1st April, 1943 230,061 9 10
Amount lodged by depositors 2,009,943 10 6
Interest received on—
Mortgages 31,859 8 1
Fixed deposits 2,022 10 0
Government stock and bonds 30,951 6 7
Public-body debentures 3,449 2 6
Mortgages repaid during year 13,305 0 0
Investments matured 3,500 0 0
Bank premises : Rents 269 12 6
Exchanges, fines, forms, and commission 908 9 5
Property charges 282 13 6

£2,326,553 2 11

PAYMENTS
Invested on first mortgage during year 10,130 14 1
Repaid depositors 1,740,032 7 5
Purchase of stocks and debentures 372,227 10 0
Charges and management expenses 8,078 13 4
Income, social, and national security taxes 4,449 5 9
Endowments and donations 635 0 0
Property charges 334 10 7
Bank furniture 7 10 0
Cash in hand and at banks 190,657 11 9

£2,326,553 2 11

PROFIT AND LOSS ACCOUNT
Dr.
Interest paid to depositors 40,246 11 11
Depreciation 1,072 10 0
Charges and management expenses 12,527 19 1
Written-off mortgages 7,965 11 10
Income-tax Reserve Account 2,000 0 0
Special Reserve Account 569 0 0
Balance 3,332 3 4

£67,713 16 2

Cr.
Interest on investments received and accrued, &c. 67,444 3 8
Bank premises : Rents 269 12 6

£67,713 16 2

THE NEW ZEALAND GAZETTE

PROFIT AND LOSS APPROPRIATION ACCOUNT
Dr.
Donations 635 0 0
Balance 36,559 1 2
£37,194 1 2

Cr.
Balance, Profit and Loss Appropriation Account, £
s. d.
1st April, 1943 33,861 17 10
Transfer from Profit and Loss Account 3,332 3 4
£37,194 1 2

BALANCE-SHEET FOR YEAR ENDING 31ST MARCH, 1944

Liabilities
Amount at credit of depositors 2,182,478 4 4
Interest Suspense Account 15,000 0 0
Investment Fluctuation Account 1,591 1 0
Property Suspense Account 305 4 1
Income-tax Reserve Account 9,750 0 0
Special Reserve Account 569 0 0
Profit and Loss Appropriation Account 36,559 1 2
£2,246,252 10 7

Assets
Bank premises 17,407 0 0
Bank furniture 1,286 0 0
National Bank and Bank of New Zealand Current
Accounts 69,126 13 3
National Bank Deposit Ac- £
s. d.
count 100,000 0 0
Accrued interest 298 10 5
Loan Account 667,164 13 1
Accrued interest 6,970 11 10
New Zealand Government
stock and debentures 1,234,175 7 10
Accrued interest 7,772 18 10
Public-body debentures 91,200 0 0
Accrued interest 834 1 7
Deposit, Post Office Savings-
bank 2,000 0 0
Accrued interest 42 10 0
National Savings Account 16,069 0 0
National Savings bonds 12,199 6 10
Sundry debtors 174 18 5
Cash in hand 19,530 18 6
£2,246,252 10 7

N. A. BRODERICK, Manager.
N. R. WILCOX, 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
D. M. MALLOCH
D. STALKER
THOS. F. O'BYRNE
Trustees.

We, Cuthbertson and Osborne, being the auditors of the Inver-
cargill 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 all the requirements
of the Savings-banks Act, 1908, and amendments have been complied
with, with the exception of section 18, subsection (1), and sec-
tions 20 and 50.

CUTHBERTSON AND OSBORNE.
GEO. OSBORNE, C.A., F.P.A. (N.Z.), Auditor.

Invercargill.

Approved—
E. L. GREENSMITH,
Assistant Secretary to the Treasury,
30th May, 1944.