724

AUCKLAND SAVINGS-BANK.

STATEMENT of Receipts and Payments for the Year ended 31st March, 1944:

RECEIPTS
Balance as at 1st April, 1943 (cash in hand and at Bank of New Zealand) ... ... ... 1,576,989 13 7
Received from depositors ... ... ... 6,952,335 1 5
Provident Fund contributions (employees on military service) ... ... ... 67 0 8
Mortgagors' Suspense Account ... ... ... 244 13 9
Interest on-
Mortgages ... ... ... 164,956 17 0
New Zealand Government inscribed stock ... ... 216,602 9 9
Local-body debentures ... ... ... 73,119 19 2
Bank of New Zealand Current Account ... ... 19,513 19 3
Mortgage principal repaid ... ... ... 446,680 6 6
Local-body debentures repaid ... ... 309,924 8 10
Charges (refunds) ... ... ... 272 1 5
Rent ... ... ... 906 6 8
Mortgage inspection fees ... ... ... 874 11 3
Mortgage sundries ... ... ... 5,902 6 11
Debenture Interest Suspense Account ... ... 3,602 9 7
Safe-custody fees ... ... ... 135 4 9
Exchange and commission ... ... ... 4,958 17 6
Bad debts recovered ... ... ... 4,499 9 10
Securities Realization Account ... ... 8,775 19 5
National War Savings-
Deposits ... ... ... 452,722 14 7
Interest Suspense Account ... ... 16,038 18 7
Bonds ... ... ... 80,043 16 8
£10,339,167 7 1

PAYMENTS
Repaid to depositors ... ... ... 5,388,831 5 11
Provident Fund ... ... ... 2,102 5 0
Mortgagors' Suspense Account ... ... 2,230 11 3
Advances on-
Mortgage ... ... ... 284,603 0 0
New Zealand Government inscribed stock ... 2,190,398 18 5
Local-body debentures ... ... 80,714 17 1
Charges ... ... ... 60,898 17 10
Exchange ... ... ... 103 10 7
Income-tax ... ... ... 68,510 11 6
Social security and national security taxes ... 14,787 14 7
Buildings and property ... ... 263 8 2
Furniture and fittings ... ... 142 3 8
Office calculating and book-keeping machines ... 1,150 5 0
Rent ... ... ... 18 15 0
Donations ... ... ... 5,250 0 0
Mortgage sundries ... ... ... 5,312 12 9
Debenture premiums and charges ... 1,717 6 0
Debenture Interest Suspense Account ... ... 3,705 7 1
Securities Realization Account ... ... 1,554 16 11
National War Savings-
Interest and repayments ... ... ... 6,297 18 10
New Zealand Government inscribed stock ... 463,500 0 0
Bonds ... ... ... 80,043 16 8
Balance, Current Account, Bank of New Zealand ... 1,602,800 16 1
Balance, cash in hand ... ... ... 74,228 8 9
1,677,029 4 10
£10,339,167 7 1

REVENUE ACCOUNT FOR YEAR ENDED 31ST MARCH, 1944
Dr.
Interest added on-
Depositors' closed accounts ... ... 3,202 8 6
Depositors' open accounts ... ... 282,823 17 5
... ... ... ... 286,026 5 11
Provident Fund accounts ... ... 4,083 0 1
Balance (gross profit) ... ... ... 205,420 8 1
£495,529 14 1
Cr.
Interest on-
Mortgages ... ... ... 164,087 15 1
New Zealand Government inscribed stock ... 235,920 6 4
Local-body debentures ... ... 70,129 10 1
Bank of New Zealand Current Account ... 19,513 19 3
Rent ... ... ... ... 887 11 8
Safe-custody fees ... ... ... 135 4 9
Exchange and commission ... ... 4,855 6 11
£495,529 14 1

THE NEW ZEALAND GAZETTE

[No. 49

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31ST MARCH, 1944
Dr.
Charges-
Ordinary ... ... ... 55,234 11 6
Provident Fund ... ... ... 5,435 8 11
War damage insurance premiums ... ... 4,517 13 8
... ... ... ... £65,187 14 1
Depreciation on-
Buildings ... ... ... 1,263 8 2
Furniture and fittings ... ... 488 5 6
Office calculating and book-keeping machines ... 404 3 2
Home safes ... ... ... 100 0 0
... ... ... ... £2,255 16 10
Bad debts written off ... ... ... £5,525 0 0
Losses on securities realized ... ... £2,546 0 1
Balance : Appropriation Account (net profit) ... £134,405 6 11
£209,919 17 11
Cr.
Gross profit ... ... ... £205,420 8 1
Bad debts recovered ... ... ... £4,499 9 10
£209,919 17 11

APPROPRIATION ACCOUNT FOR YEAR ENDED 31ST MARCH, 1944
Dr.
Debenture premiums and charges ... ... £1,717 6 0
Donations ... ... ... £5,250 0 0
Transfer to Reserve and Investment Fluctuation Account ... £32,073 9 1
Reserve for income-tax and social and national security taxes ... £95,298 6 1
Balance ... ... ... £12,080 9 6
£146,419 10 8
Cr.
Balance-
1st April, 1943 ... ... ... £12,014 3 9
Profit and Loss Account (net profit) ... £134,405 6 11
£146,419 10 8

BALANCE-SHEET AS AT 31ST MARCH, 1944
Liabilities
Amount at credit of depositors-
Savings-bank Department ... £13,503,335 4 9
Thrift Clubs Department ... £121,593 7 9
Penny Bank Department ... £13,938 13 6
Schools Banks Department ... £21,589 19 11
Total of depositors' accounts ... £13,660,457 5 11
National War Savings-
National War Savings : Interest Suspense Account ... £11,138 1 8
Deposit fees on home safes ... ... £1,948 14 0
Staff Provident Fund Account ... ... £88,329 3 0
Reserve and Investment Fluctuation Account ... £1,120,000 0 0
Reserves for taxation ... ... ... £105,000 0 0
Profit and Loss Appropriation Account ... £12,080 9 6
£15,826,359 16 9

Assets
First mortgages on freehold securities ... ... £3,457,268 13 2
Interest accrued due ... ... £14,282 2 3
New Zealand Government inscribed stock ... £7,806,648 9 1
New Zealand Government inscribed stock (War Loan) ... £250,425 4 0
Interest accrued ... ... £71,447 13 1
National War Savings-
New Zealand Government inscribed stock ... £826,000 0 0
Cash in hand ... ... £1,406 2 8
Local-body debentures ... £1,615,908 9 3
Interest accrued ... ... £19,054 13 0
Securities in course of realization ... £15,595 8 1
Premises and property ... ... £70,000 0 0
Furniture and fittings ... ... £1,000 0 0
Office calculating and book-keeping machines ... £1,400 0 0
Home safes ... ... ... £300 0 0
Cash in hand and at banks ... ... £1,675,623 2 2
£15,826,359 16 9

F. E. SUTHERLAND, Manager.