1292

THE NEW ZEALAND GAZETTE [No. 46

Fixed assets at cost, less depreciation:
Premises and property ... 10,725 12 0
Office plant, fittings, and furniture ... 5,605 4 11
Total fixed assets ... 16,330 16 11
£4,584,985 9 1

T. H. B. EWENS, President.
E. A. EVANS, Manager.

I, the undersigned, being the auditor of the New Plymouth Savings Bank, appointed in terms of section 29 (3) of the Trustee Savings Banks Act 1948, report: (1) I have examined the books, accounts, and vouchers of the Bank, and have received all the information and explanations I have required; (2) I have verified the cash, investments, securities, and assets of the Bank as at 31 March 1953; (3) The Manager has certified that to the best of his knowledge and belief all requirements of the Trustee Savings Banks Act 1948 and regulations thereunder have been complied with.

In my opinion the above balance-sheet is drawn up so as to exhibit a true and correct view of the state of affairs of the New Plymouth Savings Bank according to the best of my information and the explanations given to me and as shown by the books of the Bank.

C. H. WYNYARD, Public Accountant, Auditor.
New Plymouth, 4 May 1953.

Cr.
Interest on fixed deposits ... 449 7 7
Interest on New Zealand Government inscribed stock ... 5,342 9 6
Interest on National Savings and National Savings bonds ... 219 10 2
Interest on local-body debentures ... 537 9 8
Interest on Post Office Savings Bank account ... 2 12 0
Interest on mortgages ... 12,740 13 3
Rents ... 78 0 0
£19,370 2 2

PROFIT AND LOSS APPROPRIATION ACCOUNT FOR YEAR ENDED 31 MARCH 1953
Dr.
Donations ... 221 0 0
Balance to reserve account ... 3,032 10 6
£3,253 10 6

Cr.
Net profit from Profit and Loss account ... 3,253 10 6
£3,253 10 6

HOKITIKA SAVINGS BANK
Statement of receipts and payments for year ended 31 March 1953:

RECEIPTS
Cash in hand and at bankers at 31 March 1952 ... 26,160 14 5
National Savings investment account ... 1,173 17 6
Amount lodged by depositors ... 113,635 6 11
Interest credited depositors' closed accounts, year ending 31 March 1953 ... 166 17 11
Interest credited depositors' open accounts, year ending 31 March 1953 ... 10,157 19 9
Interest credited on mortgages ... 12,740 13 3
Interest credited on fixed deposits ... 451 0 0
Interest credited on New Zealand Government inscribed stock ... 5,323 15 2
Interest credited on Post Office Savings Bank account ... 2 12 0
Interest credited on National Savings bonds ... 204 3 4
Interest credited on local body loans ... 544 5 6
Rent of part of premises ... 78 0 0
Repayments on first mortgage ... 44,990 16 2
Local-body loans repayments ... 658 3 8
Interest credited on National Savings ... 41 17 1
£216,330 2 8

PAYMENTS
Amounts repaid depositors ... 126,159 1 0
Interest credited depositors, 31 March 1953 ... 10,324 17 8
Invested on first mortgage ... 26,370 13 0
Invested on New Zealand Government inscribed stock ... 4,247 19 6
Invested on National Savings bonds ... 204 3 4
Donations ... 221 0 0
Charges ... 3,080 19 0
Social security tax ... 454 9 5
Income tax ... 2,498 17 4
Office furniture and equipment ... 1,008 17 6
Cash in hand and at bankers ... 41,759 4 11
£216,330 2 8

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31 MARCH 1953
Dr.
Interest on depositors' accounts:
Closed accounts ... 166 17 11
Open accounts ... 10,157 19 9
10,324 17 8
Expenses and charges ... 3,080 19 0
Depreciation:
Premises ... 33 0 0
Furniture and equipment ... 54 0 9
87 0 9
Provision for taxation ... 2,707 18 6
Less overestimated last year ... 84 4 3
2,623 14 3
Net profit to Appropriation account ... 3,253 10 6
£19,370 2 2

BALANCE SHEET AS AT 31 MARCH 1953
Depositors' balances ... 442,786 19 3
Current liabilities: Provision for taxation ... 2,707 18 6
£498,610 6 0

Reserve fund ... 50,082 17 9
Appropriation for year ... 3,032 10 6
53,115 8 3
£498,610 6 0

Current assets:
Cash in hand and at bankers ... 41,759 4 11
Interest due and accrued on investments and deposits ... 1,798 2 5
43,557 7 4

Investments:
New Zealand Government inscribed stock ... 174,421 2 1
National Savings bonds ... 7,350 0 0
Local-body debentures ... 15,055 14 2
First mortgages on freehold property ... 254,957 5 3
451,784 1 6

Total of current assets and investments ... 495,341 8 10
Fixed assets at cost, less depreciation:
Property and premises, £1,626 10s.; less depreciation, £33 ... 1,593 10 0
Furniture and equipment, £1,729 7s. 11d.; less depreciation, £54 0s. 9d. ... 1,675 7 2
3,268 17 2
£498,610 6 0

G. ANDERSON, Manager.
MARK WALLACE, President.

I, the undersigned, being the auditor of Hokitika Savings Bank, appointed in terms of section 29 (3) of the Trustee Savings Banks Act 1948, report: (1) I have examined the books, accounts, and vouchers of the Bank, and have received all the information and explanations I have required; (2) I have verified the cash investments, securities, and assets of the Bank as at 31 March 1953; (3) The Manager has certified that to the best of his knowledge and belief all requirements of the Trustee Savings Banks Act 1948 and regulations thereunder have been complied with.

In my opinion the above balance-sheet is drawn up so as to exhibit a true and correct view of the state of affairs of the Hokitika Savings Bank according to the best of my information and the explanations given to me and as shown by the books of the Bank.

W. J. GUTBERLET, A.P.A.N.Z., Auditor.
Hokitika, 13 May 1953.