1144
THE NEW ZEALAND GAZETTE
No. 50
HOKITIKA SAVINGS BANK
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDING
31 MARCH 1961
Receipts
£ s. d.
Cash in hand and at bankers, 1 April 1960 .. 48,259 13 7
Amount lodged by depositors .. 197,410 12 1
Repayments of mortgages .. 69,598 16 5
Repayment of local body debentures .. 2,207 2 8
Transfers by other savings banks .. 5,114 8 0
PAYE taxation .. 348 11 1
Deposit on property .. 300 0 0
Interest received from-
Government securities .. 12,312 17 5
Local body debentures .. 1,378 0 10
Fixed deposits .. 769 1 5
Post Office Savings Bank .. 17 8 7
£337,716 12 1
Payments
£ s. d.
Amount withdrawn by depositors .. 182,212 12 2
Invested on mortgages .. 64,588 16 9
Invested in Government stock .. 4,970 0 0
Invested in local body debentures .. 950 0 0
Purchase of property and buildings .. 5,722 16 6
Purchase of office equipment.. 15 1 3
Charges paid .. 4,395 17 0
PAYE taxation .. 321 12 10
Taxation .. 2,074 0 9
Transfers to other savings banks .. 3,723 18 11
Donations made .. 485 15 0
Cash in hand and at bankers, 31 March 1961 .. 68,256 0 11
£337,716 12 1
BALANCE SHEET AS AT 31 MARCH 1961
£ s. d. £ s. d.
Depositors' balances .. 602,230 8 5
Current liabilities: Provision for
taxation .. 2,728 0 8
Sundry creditors and deposits .. 326 18 3
Reserve Fund .. 73,920 2 7
Add balance of Appropriation
Account .. 3,460 0 5
77,380 3 0
£682,665 10 4
£ s. d. £ s. d.
Current assets-
Cash in hand and at bankers 68,256 0 11
Interest due and accrued on
investments and deposits .. 4,097 12 7
Remittances in transit and
accounts prepaid .. 56 0 0
72,409 13 6
Investments-
New Zealand Government
inscribed stock .. 310,135 15 4
Local body debentures .. 29,746 1 1
First mortgages on property 262,374 6 6
602,256 2 11
Total of current assets and
investments ..
674,665 16 5
Fixed assets at cost, less depreciation-
Land and buildings .. 1,596 8 6
Additions .. 5,722 16 6
7,319 5 0
Less depreciation .. 33 11 1
7,285 13 11
Furniture and
equipment 858 0 0
Additions .. 15 1 3
873 1 3
Less depreciation .. 159 1 3
714 0 0
7,999 13 11
£682,665 10 4
PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 1961
£ s. d. £ s. d.
Interest on depositors' accounts-
Closed accounts .. 380 7 10
Open accounts .. 16,320 6 8
16,700 14 6
Expenses and charges
Depreciation-
Premises .. 33 11 1
Furniture and equipment .. 159 1 3
192 12 4
Provision for taxation ..
Balance transferred to Reserve
Account
3,853 15 3
£27,906 2 9
£ s. d.
Interest on-
Fixed deposits .. 903 12 6
New Zealand Government stock .. 12,398 11 1
Local body debentures .. 1,365 15 9
Post Office Savings Account .. 17 8 7
Mortgages .. 13,107 11 10
Accounts prepaid .. 35 3 0
Rents .. 78 0 0
£27,906 2 9
PROFIT AND LOSS APPROPRIATION ACCOUNT FOR THE YEAR ENDED
31 MARCH 1961
£ s. d.
Donations .. 485 15 0
Balance transferred to Reserve Account .. 3,460 0 5
£3,945 15 5
£ s. d.
Net profit from Profit and Loss Account .. 3,853 15 3
Realisation of discounts on stock .. 92 0 2
£3,945 15 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 1961. (3) The Manager has
certified that, to the best of his knowledge and belief, all the
requirements of the Trustees 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.
73 W. J. GUTBERLET, F.P.A.N.Z., F.I.A.N.Z., Auditor.
DUNEDIN SAVINGS BANK
RECEIPTS AND PAYMENTS FOR YEAR ENDED 31 MARCH 1961
Receipts
£ s. d.
Balance, 1 April 1960 to 31 March 1961 .. 269,528 14 9
Lodged by depositors .. 5,516,656 15 2
Lodged by National Savings investment accounts 227,990 10 6
Loan interest .. 166,705 6 1
Debenture interest .. 192,239 16 11
Bank interest .. 8,653 7 0
National Savings interest .. 46,053 14 0
Loans repaid .. 298,342 10 1
Debentures repaid .. 88,998 2 9
Refunds, commissions, fines, etc. .. 3,998 4 11
Rents .. 6,920 18 8
Tenants' rates .. 1,489 18 8
Staff Provident Fund .. 1,652 13 0
Received on behalf of other trustee savings
banks .. 72,180 10 11
Received from investors in Government stock 45,713 2 0
Received from investors in local body stock and
debentures .. 16,200 0 0
Sales of travellers' cheques .. 7,702 5 9
Tax deductions, P.A.Y.E. .. 5,845 9 6
Land and buildings .. 3,169 15 3
£6,980,041 15 11
Balance 1 April 1961 .. £369,630 18 4