JULY 3]
THE NEW ZEALAND GAZETTE
837
PAYMENTS
£ s. d.
Savings-bank withdrawals .. .. 8,818,460 12 6
Provident Fund .. .. .. 4,514 11 6
Mortgagors' Suspense Account .. 1,756 16 8
Mortgage advances .. .. 458,541 5 0
New Zealand Government inscribed stock .. 2,363,078 4 7
Local-body debentures .. .. 26,325 0 0
Charges .. .. .. .. 62,008 9 9
Exchange .. .. .. .. 307 14 4
Income and social and national security taxes .. 115,668 9 3
Buildings and property .. .. .. 50 0 0
Buildings alterations .. .. 596 10 0
Furniture and fittings .. .. 450 13 3
Office calculating and book-keeping machines 1,122 18 0
Rent .. .. .. .. .. 25 0 0
Donations .. .. .. .. 1,000 0 0
Mortgage sundries .. .. .. .. 2,736 14 5
Premiums and charges on Government inscribed
stock and bonds purchased .. .. 3,588 1 10
Interest Suspense Account (re Government
inscribed stock and bonds purchased) .. 5,351 6 3
Social and national security taxes paid in advance
on National Savings bonds purchased .. 145 0 0
Securities Realization Account .. .. 215 10 7
National Savings—
Interest and repayments .. .. 157,274 5 4
New Zealand Government inscribed stock .. 354,500 0 0
Bonds .. .. .. .. .. 23,487 0 0
War-damage insurance .. .. .. 248 2 8
Mortgage securities inspections .. .. 1,420 3 8
Balance, Current Account, £ s. d.
Bank of New Zealand .. 1,453,575 13 3
Balance, cash in hand .. 102,170 19 8
1,555,746 12 11
£13,958,619 2 6
REVENUE ACCOUNT FOR YEAR ENDED 31ST MARCH, 1947
Dr.
£ s. d. £ s. d.
Interest added on—
Depositors’ closed accounts .. 7,784 7 11
Depositors’ open accounts .. 435,719 9 8
443,503 17 7
Provident Fund accounts .. .. 5,193 4 11
Gross profit .. .. .. 224,179 13 7
£672,876 16 1
Cr.
£ s. d. £ s. d,
Interest on—
Mortgages .. .. .. 150,584 11 2
New Zealand Government in-
scribed stock and bonds .. 434,727 19 11
Local-body debentures .. 59,945 15 7
Bank of New Zealand Current
Account .. .. .. 20,241 9 6
665,499 16 2
Advance payment of income-tax .. .. 500 0 0
Rent .. .. .. .. 843 0 0
Safe custody fees .. .. 137 13 7
Exchange and commission .. .. 5,896 6 4
£672,876 16 1
PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31ST MARCH, 1947
Dr.
£ s. d. £ s. d.
Charges—
Ordinary .. .. .. 59,886 1 8
Provident Fund .. .. 6,564 18 0
War - damage insurance pre-
miums .. .. .. .. 248 2 8
66,699 2 4
Depreciation on—
Buildings .. .. .. 3,050 0 0
Furniture and fittings .. 488 19 7
Office calculating and book-
keeping machines .. 372 18 0
Home safes .. .. .. 50 0 0
3,961 17 7
Net profit .. .. .. 158,547 18 7
£229,208 18 6
Cr.
£ s. d.
Gross profit .. .. .. .. 224,179 13 7
Bad debts recovered .. .. .. 4,152 18 1
Gains on securities realized .. .. 876 6 10
£229,208 18 6
APPROPRIATION ACCOUNT FOR YEAR ENDED 31ST MARCH, 1947
Dr.
£ s. d.
Donations .. .. .. .. .. .. .. .. 1,000 0 0
Premiums, &c., on Government inscribed stock and
debenture purchases .. .. .. .. 3,437 13 2
Interest accrued on Government inscribed stock and
debenture purchases .. .. .. .. 5,969 14 10
Reserve for taxation .. .. .. .. 80,021 6 2
Centenary, Patriotic, and Charitable Donations and
Celebrations Expenses Suspense Account .. 30,000 0 0
Staff Centenary Gift Suspense Account .. .. 5,000 0 0
Reserve and Investment Fluctuation Account .. 25,000 0 0
Balance .. .. .. .. .. .. 21,005 16 3
£171,434 10 5
Cr.
£ s. d.
Balance, 1st April, 1946 .. .. .. .. 12,886 11 10
Net profit .. .. .. .. 158,547 18 7
£171,434 10 5
BALANCE-SHEET AS AT 31ST MARCH, 1947
Liabilities
Amount at credit of depositors— £ s. d. £ s. d.
Savings-bank Department 19,516,118 15 7
Thrift Clubs Department 197,716 9 9
Penny Bank Department 8,151 8 5
Schools’ Banks Department 48,846 7 1
19,770,833 0 10
National Savings—
Depositors’ accounts .. .. .. 2,082,159 9 11
Interest Suspense Account .. .. 36,501 3 8
Deposit fees on home safes .. .. 1,948 14 0
Staff Provident Fund Account .. .. 110,780 17 8
Reserve and Investment Fluctuation Account 1,250,000 0 0
Reserve for taxation .. .. .. .. 96,000 0 0
Centenary, Patriotic, and Charitable Donations and
Celebrations Expenses Suspense Account 30,000 0 0
Staff Centenary Gift Suspense Account .. .. 5,000 0 0
Profit and Loss Appropriation Account .. 21,005 16 3
£23,404,229 2 4
Assets
First mortgages on freehold £ s. d. £ s. d.
securities .. .. .. .. 3,220,852 7 11
Interest accrued due .. .. .. 15,590 19 5
3,236,443 7 4
New Zealand Government in-
scribed stock and bonds 14,121,123 3 0
New Zealand Government in-
scribed stock (War Loan) 650,000 0 0
Interest accrued .. 129,267 19 3
14,900,391 2 3
National Savings—
New Zealand Government
inscribed stock .. .. 2,081,000 0 0
Cash in hand .. .. .. 1,159 9 11
2,082,159 9 11
Local-body debentures .. 1,538,634 11 11
Interest accrued .. 17,834 17 8
1,556,469 9 7
Securities in course of realization .. .. 3,678 10 3
Premises and property .. .. .. 64,000 0 0
Furniture and fittings .. .. 9,393 8 7
Less depreciation reserve 7,393 8 7
2,000 0 0
Office calculating and book-
keeping machines .. 7,280 2 9
Less depreciation reserve 2,880 2 9
4,400 0 0
Home safes .. .. .. 1,518 10 9
Less depreciation reserve 1,418 10 9
100 0 0
Cash in hand and at bankers .. .. 1,554,587 3 0
£23,404,229 2 4
F. E. SUTHERLAND, Manager.
We hereby certify that, to the best of our belief, the above
balance-sheet is correct.
ALEXR. HARRIS, President.
O. NICHOLSON, Deputy-President.
G. W. SANDERS
W. T. ANDERTON
H. GILFILLAN Trustees.
E. ANDERSON
E. DAVIS
W. H. RICE
We, the undersigned, being the auditors of the Auckland
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