1148
THE NEW ZEALAND GAZETTE
[No. 56.

AUCKLAND SAVINGS-BANK

STATEMENT of Receipts and Payments for the Year ended 31st March, 1946:—

RECEIPTS

Balance as at 1st April, 1945 (cash in hand and at Bank of New Zealand) .. .. .. 1,659,233 3 5
Savings-bank deposits .. .. .. 9,983,873 13 3
Mortgagors’ Suspense Account .. .. .. 1,376 3 1
Interest on—
Mortgages .. .. .. 147,706 0 11
New Zealand Government inscribed stock .. 331,153 15 7
Local-body debentures .. .. .. 62,426 12 2
Bank of New Zealand Current Account .. 22,929 18 3
Mortgage principal repayments .. .. .. 390,183 9 1
New Zealand Government bonds repayments .. 362 5 0
Local-body debenture repayments .. .. .. 135,547 1 4
Charges (refunds) .. .. .. 26 12 11
Rent .. .. .. 925 0 0
Mortgage securities inspection fees .. .. .. 1,129 11 0
Mortgage sundries .. .. .. 4,026 0 3
Interest Suspense Account (re Government stock and bonds purchased) .. .. .. 2,226 1 10
Safe-custody fees .. .. .. 136 6 3
Exchange and commission .. .. .. 3,684 4 4
Bad debts recovered .. .. .. 6,121 10 0
Securities Realization Account .. .. .. 5,076 3 2
National Savings—
Deposits .. .. .. 469,111 12 3
Interest .. .. .. 50,093 16 7
Bonds .. .. .. 71,064 0 0
War-damage insurance .. .. .. 0 8 0
Sale of E.P.S. equipment .. .. .. 28 17 4
Buildings and property .. .. .. 68 7 8
£13,348,510 13 8

PAYMENTS

Savings-bank withdrawals .. .. .. 7,340,262 6 7
Provident Fund .. .. .. 5,768 3 4
Mortgagors’ Suspense Account .. .. .. 1,191 10 1
Mortgage advances .. .. .. 342,118 15 0
New Zealand Government inscribed stock .. 2,976,048 2 9
Local-body debentures .. .. .. 200,148 15 1
Charges .. .. .. 61,225 5 6
Exchange .. .. .. 309 0 0
Income-tax .. .. .. 88,000 0 0
Buildings and property .. .. .. 1,372 16 11
Furniture and fittings .. .. .. 220 8 8
Office calculating and book-keeping machines .. 2,831 19 0
Rent .. .. .. 25 0 0
Donations.. .. .. .. 6,000 0 0
Mortgage sundries .. .. .. 3,608 1 8
Premiums and charges on Government stock and bonds purchased.. .. .. .. 8,975 15 11
Interest Suspense Account (re Government stock and bonds purchased) .. .. .. 17,307 7 9
Social and national security taxes paid in advance on National Savings bonds purchased .. 211 11 6
Securities Realization Account .. .. .. 3,808 16 4
National Savings—
Interest and repayments .. .. .. 134,340 16 8
New Zealand Government inscribed stock .. 376,500 0 0
Bonds .. .. .. 71,064 0 0
War-damage insurance .. .. .. 290 7 9
Mortgage securities inspections .. .. .. 1,363 16 1
Balance, Current Account, £ s. d.
Bank of New Zealand .. 1,669,829 11 1
Balance, cash in hand .. 35,688 6 0
1,705,517 17 1
£13,348,510 13 8

REVENUE ACCOUNT FOR YEAR ENDED 31ST MARCH, 1946

Dr.

Interest added on—
Depositors’ closed accounts £ s. d. £ s. d.
Depositors’ open accounts 6,754 18 9
372,955 5 2 379,710 3 11
Provident Fund accounts .. .. 4,889 0 8
Balance (gross profit) .. .. 222,456 17 2
£607,056 1 9

Cr.

Interest on—
Mortgages £ s. d. £ s. d.
New Zealand Government inscribed stock .. 151,974 5 8
Local-body debentures .. 363,999 1 7
Bank of New Zealand Current Account .. 63,081 5 8
22,929 18 3
601,984 11 2
Advance payment of income-tax .. .. 660 0 0
Rent .. .. .. 900 0 0
Safe-custody fees .. .. .. 136 6 3
Exchange and commission .. .. .. 3,375 4 4
£607,056 1 9

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31ST MARCH, 1946

Dr.

Charges—
Ordinary .. .. 62,329 18 2
Provident Fund .. .. 4,330 2 6
War-damage-insurance premiums .. .. 289 19 9
66,950 0 5
Depreciation on—
Buildings .. .. 1,715 3 8
Furniture and fittings .. 380 16 11
Office calculating and book-keeping machines .. 781 19 0
Home safes .. .. 50 0 0
2,927 19 7
Bad debts written off .. .. 955 0- 0
Balance: Appropriation Account (net profit) .. 162,007 6 10
£232,840 6 10

Cr.

Gross profit .. .. .. 222,456 17 2
Bad debts recovered .. .. .. 6,121 10 0
Gains on securities realized .. .. .. 4,261 19 8
£232,840 6 10

APPROPRIATION ACCOUNT FOR YEAR ENDED 31ST MARCH, 1946

Dr.

Reserve and Investment Fluctuation Account .. £ s. d.
Reserve for income-tax and social and national security taxes .. .. 40,000 0 0
Premiums, &c., on Government stock and debenture purchases .. .. 106,660 0 0
8,975 15 11
Donations .. .. .. 6,000 0 0
Balance .. .. .. 12,886 11 10
£174,522 7 9

Cr.

Balance, 1st April, 1945 .. .. .. £ s. d.
Balance, Profit and Loss Account (net profit) .. 12,515 0 11
162,007 6 10
£174,522 7 9

BALANCE-SHEET AS AT 31ST MARCH, 1946

Liabilities

Amount at credit of depositors— £ s. d. £ s. d.
Savings-bank Department 17,624,405 15 5
Thrift Clubs Department .. 172,784 8 9
Penny Bank Department .. 9,739 11 9
Schools’ Banks Department 21,589 19 11
17,828,519 15 10

National Savings—
Total of depositors’ accounts 1,703,551 7 3
Increase for five years in schools’ banks balances .. 24,082 16 11
1,727,634 4 2
National Savings: Interest Suspense Account 30,672 19 7
Deposit fees on home safes .. .. 1,948 14 0
Staff Provident Fund Account .. .. 103,537 6 3
Reserve and Investment Fluctuation Account .. 1,225,000 0 0
Reserves for taxation .. .. 133,000 0 0
Profit and Loss Appropriation Account .. 12,886 11 10
£21,063,199 11 8

Assets

First mortgages on freehold securities .. .. £ s. d. £ s. d.
Interest accrued due .. .. 3,274,783 12 11
17,419 17 2
3,292 203 10 1

New Zealand Government inscribed stock and bonds.. 11,782,601 15 5
New Zealand Government inscribed stock (War Loan) 650,000 0 0
Interest accrued .. .. 115,690 2 11
12,548,291 18 4

National Savings bonds (social and national security tax paid in advance) .. .. .. 707 16 11

National Savings—
New Zealand Government inscribed stock .. 1,726,500 0 0
Cash in hand .. .. 1,134 4 2
1,727,634 4 2

Local-body debentures .. 1,691,101 0 9
Interest accrued .. .. 19,560 18 7
1,710,661 19 4

Securities in course of realization .. .. 6,916 9 11
Premises and property .. .. 67,000 0 0
Furniture and fittings .. .. 1,600 0 0
Office calculating and book-keeping machines .. 3,650 0 0
Home safes .. .. 150 0 0
Cash in hand and at banks .. .. 1,704,383 12 11
£21,063,199 11 8

F. E. SUTHERLAND, Manager.