22 DECEMBER
THE NEW ZEALAND GAZETTE
2021
AUCKLAND SAVINGS BANK
CASH RECEIPTS AND PAYMENTS FOR YEAR ENDED
31 MARCH 1960
Receipts
£ s. d.
Balance as at 1 April 1959 (cash in hand and
at Bank of New Zealand)
Savings bank deposits
National Savings deposits
Interest on Bank of New Zealand Account
Interest on New Zealand Government inscribed
stock
Interest on local body securities
Interest on mortgages
National Savings securities repayments
Interest on National Savings securities
New Zealand Government inscribed stock sales
Local body securities repayments
Mortgage principal repayments
Charges (refunds)
Rent
Mortgage securities inspection fees
Mortgagors’ Suspense Account
Mortgage sundries
Safe-custody fees
Exchange and commissions
Furniture and fittings (sales)
Home safes
Motor-vehicles expenses (refund)
Motor vehicles (sales)
Office calculating and bookkeeping machines
(sale)
£31,191,158 10 8
Payments
£ s. d.
Savings bank withdrawals
National Savings repayments
Provident Fund
Local body investments
New Zealand Government inscribed stock
investments
Mortgage investments
Charges
Exchange and commissions
Furniture and fittings
Office calculating and bookkeeping machines
Land and buildings
Buildings alterations
Rent
Donations
Mortgage sundries
Mortgagors’ Suspense Account
Earthquake and war damage insurance
Mortgage securities inspections
Taxation
Motor vehicles (expenses)
Motor vehicles (capital)
Home lay-by subsidies
Balance at Bank of New Zealand
Balance cash in hand
£31,191,158 10 8
*N.B.—Cash in hand and at bankers
Add: Over-invested in National
Savings securities
Total as per balance sheet
£1,546,019 1 7
H. J. BARRETT, General Manager.
I hereby certify that, to the best of my belief, the above statement
of cash receipts and payments is correct.
E. O. FABER, President.
We hereby certify that, in accordance with the requirements of
auditors, we have examined the books and vouchers relating to
the above record of receipts and payments and that such is drawn
up so as to exhibit a true and correct statement.
D. C. O'HALLORAN, B.COM., F.A.P.N.Z.
A. J. POSTLES, A.P.A.N.Z.
Auditors.
G
PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31 MARCH 1960
£ s. d.
£ s. d.
Interest on—
Depositors' closed accounts
32,506 9 7
Depositors' open accounts
1,040,314 2 11
Accrued interest on depositors’ investment accounts
12,422 4 10
1,085,242 17 4
Interest on Provident Fund
Charges—
Ordinary
250,333 15 6
Provident Fund
14,523 18 2
264,857 13 8
Home lay-by subsidies
600 8 6
Loss on motor vehicles
297 11 4
Depreciation on—
Buildings
12,899 13 7
Furniture and fittings
10,469 0 0
Office calculating and
bookkeeping machines
6,242 0 0
Home safes
43 0 0
Motor vehicles
1,832 0 0
31,485 13 7
Provision for taxation
174,188 7 3
Net profit
173,816 0 4
£1,744,508 2 1
Interest on—
Bank of New Zealand
Account
33,010 0 4
New Zealand Government inscribed stock
816,689 18 3
Local body securities
248,407 13 10
Mortgages
599,427 10 6
Interest on investments
Surplus interest on National
Savings securities
17,021 12 8
Rent
12,560 10 8
Safe-custody fees
315 11 3
Exchange and commissions
17,075 4 7
£1,744,508 2 1
APPROPRIATION ACCOUNT FOR YEAR ENDED 31 MARCH 1960
£ s. d.
Provision for donations
45,000 0 0
Balance to Reserve Fund
128,816 0 4
£173,816 0 4
Net profit
173,816 0 4
£173,816 0 4
BALANCE SHEET AS AT 31 MARCH 1960
£ s. d.
£ s. d.
Depositors’ balances—
Savings bank
36,086,016 8 1
Home lay-by
1,909,832 6 9
Investment accounts
658,057 8 0
Thrift clubs
1,532,163 7 0
Schools banks
218,721 19 2
40,404,791 9 0
National savings depositors’ total
3,351,923 3 8
Add: National Savings Interest Suspense Account
63,970 9 6
3,415,893 13 2
Other liabilities—
Staff Provident Fund
300,179 19 2
Provision for taxation
174,188 7 3
Provision for donations
45,000 0 0
519,368 6 5
Total of other liabilities
44,340,053 8 7
Reserve Fund—
Balance, 31 March 1959
2,082,400 0 0
Add: Balance, Reserve Suspense Account
2,733 19 8
Add: Balance, provision for donations
1,150 0 0
2,086,283 19 8
Add: Balance Appropriation Account
128,816 0 4
Contingent liability—
Subsidies on home lay-by accounts, £10,000
£46,555,153 8 7