30 AUGUST

THE NEW ZEALAND GAZETTE

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31 MARCH 1962
Interest credited to depositors—
Open accounts ... 242,740 13 1
Closed accounts ... 15,897 9 5
Credited and accrued on investment accounts ... 4,827 7 7
Interest and suspensory free deposits credited to home lay-by accounts ... 2,236 13 7
265,702 3 8
Interest on Staff Provident Funds ... 2,057 18 0
Charges and Administration expenses ... 73,868 19 3
Depreciation: Buildings ... 6,263 0 0
Office furniture, etc. ... 5,292 19 5
11,555 19 5
Provision for taxation ... 39,420 13 0
Profit and Loss Appropriation Account: Net profit ...
£428,208 2 11
Investment interest ... 416,245 10 5
Rents ... 7,773 9 4
Commission, refunds, fines, etc. ... 4,189 3 2
£428,208 2 11

PROFIT AND LOSS APPROPRIATION ACCOUNT FOR YEAR ENDED 31 MARCH 1962
Provision for grants ... 7,000 0 0
Reserve Fund Account ... 28,602 9 7
£35,602 9 7
Profit and Loss Account ... 35,602 9 7
£35,602 9 7

RESERVE FUND ACCOUNT, 31 MARCH 1962
Balance, 31 March 1962 ... 510,538 18 6
£510,538 18 6
Balance, 1 April 1961 ... 481,136 8 11
Discount on purchase of securities ... 800 0 0
Profit and Loss Appropriation Account ... 28,602 9 7
£510,538 18 6
Balance, 1 April 1962 ... £510,538 18 6

BALANCE SHEET AS AT 31 MARCH 1962
Depositors' balances—
Savings bank department 8,736,934 0 3
Thrift club accounts 253,303 5 0
Special purpose accounts 250,489 9 0
Home lay-by accounts 72,986 12 7
Ordinary depositor's total — 9,313,713 6 10
Investment account balances 151,380 0 0
Add interest accrued 2,763 6 4
154,143 6 4
National Savings depositors' balances 1,313,305 8 11
Add National Savings Interest Suspense Account ... 20,678 7 6
1,333,983 16 5
Total liability to depositors Other liabilities and credit balances— ... 10,801,840 9 7
Sundry creditors 342 5 6
Staff Provident Funds 61,005 12 9
Provision for £ s. d.
taxation ... 39,420 13 8
Less paid in advance ... 156 6 8
39,264 7 0
Provision for grants ... 7,000 0 0
Provision for suspensory free deposits on home lay-by accounts ... 1,000 0 0
108,612 5 3
Reserve Fund Account ... 510,538 18 6
£11,420,991 13 4

Current assets—
Cash in hand and at bankers 438,225 4 2
Fixed deposits ... 200,000 0 0
638,225 4 2
Interest due and accrued on investments, etc. ... 91,856 6 3
Owing by other trustee savings banks ... 3,716 13 6
Rents due and accrued ... 290 14 6
Total current assets ... 734,088 18 5
Investments—
New Zealand Government inscribed stock ... 4,626,421 4 9
Local body debentures ... 681,978 1 8
First mortgages on freehold property ... 3,732,267 1 1
Total of investments ... 9,040,666 7 6
Total of current assets and investments ... 9,774,755 5 11
Securities—
Investment Account securities—
New Zealand Government stock ... 154,143 6 4
National Savings securities—
New Zealand Government stock ... 1,313,305 8 11
Cash in hand and at bankers 20,678 7 6
Total securing investment accounts and National Savings depositors ... 1,488,127 2 9
Total of current assets, investments, and securities ... 11,262,882 8 8
Fixed assets at cost less depreciation—
Land and buildings ... 143,325 13 11
Office furniture, etc. ... 14,783 10 9
158,109 4 8
£11,420,991 13 4

I. S. CANTRELL, President.
H. G. HILLIKER, General Manager.
We, the undersigned, being the auditors of the Dunedin Savings Bank, appointed in terms of section 29 (3) of the Trustee Savings Banks Act 1948, report:(1) We have examined the books, accounts, and vouchers of the bank, and have received all the information and explanations we have required. (2) We have verified the cash, investments, securities, and assets of the bank as at 31 March 1962. (3) The General 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 our opinion the above balance sheet and profit and loss account are properly drawn up so as to give respectively a true and fair view of the state of the Dunedin Savings Bank's affairs as at 31 March 1962 and of the results of its business for the year ended on that date.
J. S. McINNES AND SONS. Auditors.
JAMES BROWN AND CO. Auditors.
Dunedin, 18 April 1962.

NEW ZEALAND GOVERNMENT PUBLICATIONS
GOVERNMENT BOOKSHOPS
A full range of Government Publications is available from the following Government Bookshops:
Wellington: 20 Molesworth Street
Private Bag Telephone 46 807
Auckland: Corner of Lorne and Rutland Streets
P.O. Box 5344 Telephone 22 919
Christchurch: 112 Gloucester Street
P.O. Box 1721 Telephone 50 331
Dunedin: 261 Princes Street
P.O. Box 1104 Wholesale Retail Mail Order
Postage: All publications are post or freight free by second-class surface mail or surface freight.
Postage or freight is extra when publications are forwarded by first-class surface mail, by air mail, or by air freight.
Call, write, or phone your nearest Government Bookshop for your requirements.

THE NEW ZEALAND GAZETTE
Subscriptions—The subscription is at the rate of £5 5s. per calendar year, including postage, payable in advance.
Single copies available as issued.
The price of each Gazette varies and is printed thereon.
The New Zealand Gazette is published on Thursday evening of each week, and notices for insertion must be received by the Government Printer before 12 o'clock of the day preceding publication.
Advertisements are charged at the rate of 9d. per line for the first insertion and 6d. per line for the second and any subsequent insertions.
The number of insertions required must be written across the face of the advertisement.
All advertisements should be written on one side of the paper, and signatures, etc., should be written in a legible hand.