2320

THE NEW ZEALAND GAZETTE

[No. 5

Assets

£ s. d.

Bank premises ... 12,500 0 0
Furniture and office equipment ... 1,728 0 0
National Bank and Bank of New Zealand Current Accounts ... 101,168 4 6
National Bank Deposit Account ... 173,000 0 0
Accrued interest ... 970 9 11
Mortgages and interest ... 654,822 16 6
New Zealand Government inscribed stock ... 912,400 0 0
Accrued interest ... 5,891 12 2
New Zealand Government War Loans ... 1,303,300 0 0
Accrued interest ... 8,799 10 10
New Zealand Government National Savings stock ... 267,880 0 0
Accrued interest ... 968 14 4
Public-body debentures ... 283,446 2 11
Accrued interest ... 2,443 11 10
Deposit Post Office Savings-bank ... 2,212 10 0
National Savings Account ... 18,337 0 0
National Savings bonds ... 66,603 11 5
Sundry debtors ... 3,009 14 6
Cash in hand ... 29,217 13 1

£3,848,699 12 0

N. R. WILLCOX, Manager.
W. J. PEARCE, Acting-Accountant.

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

D. W. STALKER, President.
ADAM HAMILTON, Deputy President.
R. M. STRANG
F. G. CULLING
J. M. McCROSTIE
W. M. C. DENHAM
THOS. O'BYRNE

Trustees.

I, George Osborne, being the auditor of the Invercargill Savings-bank appointed in terms of section 4 of the Savings-banks Amendment Act, 1923, hereby certify : (1) That I am 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 I have verified the cash, investments, securities, and assets of the savings-bank as at the date of the balance-sheet ; (3) that I have obtained all the information and explanations I have required ; (4) that the Manager has certified that all the requirements of the Savings-bank Act, 1908, and amendments, have been complied with, with the exception of section 18 subsection (1) and sections 20 and 50.

GEO. OSBORNE, F.P.A.N.Z., Auditor.

Invercargill, 26th April, 1949.

Approved---
C. J. ATKIN,
Second Assistant Secretary to the Treasury,
28th July, 1949.

DUNEDIN SAVINGS-BANK

STATEMENT of Receipts and Payments for the Year ended 31st March, 1949:-

RECEIPTS

£ s. d.

Balance ... 161,014 7 6
Lodged by depositors ... 2,127,895 5 6
Lodged by National Savings Investment Accounts ... 282,358 14 5
Loan interest ... 92,514 19 2
Debenture interest ... 93,610 14 5
Bank interest ... 1,850 0 0
National Savings interest ... 52,395 8 10
Loans repaid ... 250,923 1 0
Debentures repaid ... 138,237 4 4
Office furniture ... 19 10 0
Charges ... 150 12 0
Rents ... 993 2 11
Fines ... 11 0 6
Staff Provident Fund ... 231 10 4
National Savings bonds on imprest ... 1,703 0 0

£3,203,908 10 11

Balance ... £166,251 2 9

PAYMENTS

£ s. d.

Withdrawn by depositors ... 2,050,707 17 11
Withdrawn National Savings Investment Accounts ... 320,737 12 3
Trustees valuation fees ... 605 17 0
Charges ... 19,173 18 1
Income and social security taxes ... 26,236 10 0
Loans granted ... 364,795 9 0
Debentures purchased ... 194,350 0 0
National Savings bonds on imprest ... 1,603 0 0
Grants ... 5,600 0 0
Loan interest ... 55 19 3
Office furniture ... 1,817 10 10
Staff Provident Fund ... 201 14 2
Debenture interest ... 1,771 19 8
Fixed deposit ... 50,000 0 0
Balance ... 166,251 2 9

£3,203,908 10 11

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31ST MARCH, 1949

Dr.

Interest credited to depositors
31st March, 1949
Interest credited to depositors'
closed accounts
Interest on Staff Provident Funds
Charges
Depreciation-
Buildings
Office furniture
Profit and Loss Appropriation Account : Net profit

£ s. d. £ s. d.

123,070 14 6
3,491 3 1

126,561 17 7
594 7 8
19,756 19 5

1,000 0 0
838 0 10

1,838 0 10

41,786 13 9

£190,537 19 3

Cr.

Investment interest ... 189,483 15 10
Fines ... 11 0 6
Rents ... 1,043 2 11

£190,537 19 3

PROFIT AND LOSS APPROPRIATION ACCOUNT FOR YEAR ENDED 31ST MARCH, 1949

Dr.

Transfer to Reserve Fund ... 9,255 9 2
Provision for taxation ... 24,010 0 0
Grants-
Otakau Memorial Church ... 500 0 0
Dunedin R.S.A. ... 250 0 0
Dunedin Free Kindergarten Association for Pre-School Education Centre ... 50 0 0
Dunedin Citizens Day Nursery ... 150 0 0
Dunedin Free Kindergarten Association ... 250 0 0
Young Women's Christian Association Mornington Memorial Community Centre (Inc.) ... 200 0 0
Otago Radio Hobbies Club ... 100 0 0
Waikouaiti Health Camp Committee ... 25 0 0
Otago Girl Guide Association ... 100 0 0
St. John Ambulance Association ... 150 0 0
Mosgiel Free Kindergarten Committee ... 300 0 0
Patients' and Prisoners' Aid Society (Inc.), T.B. Social Service Committee ... 100 0 0
Imperial Ex-service's Association (N.Z.) Inc.: Otago Branch, Montecillo Red Cross Committee ... 50 0 0
Heritage Otago (Inc.) ... 50 0 0
National Council of Women of N.Z. (Dunedin Branch): Mental Homes Committee ... 50 0 0
N.Z. League for the Hard of Hearing ... 150 0 0
British Sailors Society (Otago Branch), Seamen's Memorial Committee ... 500 0 0
Otago-Southland Health Camp Council, Roxburgh Health Camp Committee ... 100 0 0
United Nation Appeal for Children ... 200 0 0
Otago University Scholarship Fund ... 400 0 0
Dunedin Combined Orphanages ... 350 0 0
Royal and Merchant Navy Club, Port Chalmers ... 75 0 0
Dunedin Competitions Society ... 100 0 0
The Boy Scouts Association Camp Committee ... 500 0 0
Plunket Society, Otago Branch ... 100 0 0
Plunket Society, Otago Branch (Sub-Branches) ... 400 0 0
Otago Museum Committee ... 250 0 0

5,600 0 0

Balance ... 17,776 13 9

£56,642 2 11