22 DECEMBER

THE NEW ZEALAND GAZETTE

2023

PROFIT AND LOSS APPROPRIATION ACCOUNT FOR THE YEAR ENDED
31 MARCH 1960
Donations
Balance transferred to Reserve Fund
£ s. d. £ s. d.
£3,587 3 5

£ s. d.
Net profit from Profit and Loss Account Realisation of discounts on stock
3,313 8 2
273 15 3
£3,587 3 5

G. ANDERSON, Manager.
P. E. L. RENTON, 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 explanations and information I have required. (2) I have verified the cash, investments, securities, and assets of the bank as at 31 March 1960. (3) The Manager has certified that, to the best of his knowledge and belief, all the 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.
1845 W. J. GUTBERLET, F.P.A.N.Z., F.I.A.N.Z., Auditor.

INVERCARGILL SAVINGS BANK
RECEIPTS AND PAYMENTS ACCOUNT FOR YEAR ENDING 31 MARCH 1960
Receipts
Cash on hand and at banks 1 April 1959
Deposits—
Savings bank accounts
Thrift club accounts
National Savings accounts
Branch remittances
Other trustee savings banks
Exchanges
Commission
Interest—
New Zealand Government stock
Local body stock and debentures
Mortgages
Other investments
Principal repayments—
Local body debentures
New Zealand Government stock
Mortgages
Other investments
Miscellaneous receipts
Rents
Valuation fees
Travellers’ cheques
£ s. d.
223,962 2 7
10,009,706 8 5
13,640 0 2
15,780 16 11
2,287,729 15 2
9,042 11 4
331 9 4
4,800 8 4
148,657 3 1
70,241 3 4
99,531 8 6
27,665 11 7
58,720 1 6
45,500 0 0
167,939 14 9
330,000 0 0
3,578 10 5
678 10 0
940 11 0
18,213 2 5
£13,536,659 8 10
Payments
Withdrawals—
Savings bank accounts
Thrift club accounts
National Savings accounts
Branch remittances
Buildings, property, equipment, donations, and tax
Exchanges
Fuel and light
Insurances
Local body stock and debentures
Mortgages
New Zealand Government stock
Other investments
Local body loans: Client’s applications
Miscellaneous payments
Other trustee savings banks
Perusals
Postages, telephones, and tolls
Printing, stationery, and advertising
Rents
Repairs and maintenance
Salaries, fees, etc.
Sundry charges
Travelling and relieving expenses
Travellers’ cheques
Cash in hand and at banks
£ s. d.
9,035,739 10 2
13,128 16 7
53,888 6 4
2,221,913 9 7
37,636 7 7
134 1 2
924 11 3
524 11 3
486,965 0 0
227,283 15 0
480,154 5 9
565,000 0 0
65,470 0 0
4,854 5 11
12,870 14 0
63 8 0
1,024 7 10
2,586 17 0
130 0 0
854 14 7
42,852 11 1
1,145 18 7
2,026 17 2
18,174 8 9
261,312 11 3
£13,536,659 8 10

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31 MARCH 1960
Interest credited to depositors—
£ s. d. £ s. d.
Savings bank accounts—
Open
Closed
215,569 8 1
5,538 19 10
221,108 7 11
National Savings accounts—
Open
Closed
11,008 7 7
172 5 5
11,180 13 0
Charges and management expenses—
Cleaning
Earthquake damage insurance
Fuel and light
Insurance
Perusal fees
Postages, telephones, and tolls
Printing, stationery, and advertising
Rent
Repairs and maintenance
Salaries, fees, etc.
Sundry charges
Superannuation
Travelling and relieving expenses
53 12 6
1 13 6
870 18 9
524 11 3
60 5 0
1,014 7 10
2,713 15 11
130 0 0
776 6 4
41,125 7 10
1,413 8 5
1,987 19 11
1,621 5 7
52,293 12 10
Depreciation—
Buildings
Furniture and fittings
Ledger-posting machines
Office machines
2,836 15 0
1,719 14 6
1,009 12 0
128 8 0
5,694 9 6
Provision for taxation
40,1070 8
Net profit transferred to Profit and Loss Appropriation Account
41,187 9 6
£371,572 0 9
Interest on investments—
£ s. d. £ s. d.
Local body stock and debentures
74,545 2 6
Mortgages
102,818 13 0
New Zealand Government stock
142,332 4 2
New Zealand Government stock, National Development loan
16,188 3 10
National Bank of New Zealand Ltd.: Fixed deposits..
16,992 12 0
352,876 15 6
Interest on National Savings securities
Commission
Exchanges, fines, and forms
Rent
Valuation fees
Bad debts recovered
12,002 6 3
5,163 8 2
165 8 2
678 10 0
679 19 0
5 13 8
£371,572 0 9

PROFIT AND LOSS APPROPRIATION ACCOUNT
£ s. d.
Provision for donations
General Reserve Fund
5,000 0 0
36,187 9 6
£41,187 9 6
Balance from Profit and Loss Account
£ s. d.
41,187 9 6
£41,187 9 6