31 OCTOBER

NOTE—Cash resources
Cash in Hand and at Bankers ... 1,033,578 2 6
Add: Over-invested in National Savings
securities ... ... 447,043 14 9
Add: National Provident Fund ... 570,000 0 0
Total as per balance sheet ... £2,050,621 17 3

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31 MARCH 1963
Interest on—
Depositors’ closed accounts (net) ... 57,830 14 1
Depositors’ open accounts ... 1,386,514 17 8
Accrued interest on depositors’ investment accounts ... 40,254 3 11
Interest on Provident Fund ... ... ... ... 18,548 14 0
Charges—
Ordinary ... 362,736 8 9
Provident Fund ... 19,536 17 2
Home lay-by subsidies ... ... 5,265 9 0
Loss on sales: Motor vehicles ... ... 416 5 8
Depreciation on—
Buildings ... ... 34,303 2 5
Furniture and fittings ... 12,900 0 0
Office calculating and bookkeeping machines ... 9,743 0 0
Home safes ... ... 31 0 0
Motor vehicles ... ... 2,302 0 0
Provision for taxation ... ... 311,119 13 1
Net profit ... ... ... 286,972 8 9
£2,548,474 14 6

Interest on—
National Provident Fund Investment ... 20,012 7 0
Bank of New Zealand Account ... 31,808 13 7
New Zealand Government inscribed stock ... 1,306,434 3 6
Local authority securities ... 342,254 11 5
Mortgages ... ... ... 770,460 1 6
Interest on investments ... ... 20,917 15 1
Surplus interest on National Savings securities ... 28,280 12 11
Rent ... ... ... 280 17 9
Safe custody fees ... ... 28,025 11 9
Exchange and commissions ... ... ... 286,972 8 9
£2,548,474 14 6

APPROPRIATION ACCOUNT FOR YEAR ENDED 31 MARCH 1963
Provision for donations ... 75,000 0 0
Balance to Reserve Fund ... 211,972 8 9
£286,972 8 9

Net profit ... ... ... 286,972 8 9
£286,972 8 9

BALANCE SHEET AS AT 31 MARCH 1963
Depositors’ Balances—
Savings bank ... 46,279,829 12 9
Home lay-by ... 3,479,052 13 11
Investment accounts ... 2,052,495 0 0
Thrift clubs ... ... 2,592,106 2 0
Schools banks ... ... 237,117 9 9
Ordinary depositors’ total ... ... ... 54,640,600 18 5
National savings depositors’ total ... ... 2,895,887 10 11
Add: National Savings Interest Suspense Account ... ... ... 57,068 14 4
Other liabilities—
Staff Provident Fund ... 400,940 0 10
Provision for Taxation ... 311,119 13 1
Provision for donations ... 75,000 0 0
Total of other liabilities ... ... ... 787,059 13 11
Total of liabilities and provisions ... ... 58,380,616 17 7
Reserve Fund—
Balance 31 March 1962 ... 2,565,000 0 0
Less: Transfer to provision for donations ... 25,000 0 0
2,540,000 0 0

W. T. ANDERTON, President.
H. J. BARRETT, General Manager.
We, the undersigned, being the auditors of the Auckland 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 1963.
(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. (4) 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 Auckland Savings Bank’s affairs
as at 31 March 1963, and of the results of its business for the year
ended on that date.
D. C. O'HALLORAN, B.COM., F.P.A.N.Z.
A. J. POSTLES, A.P.A.N.Z.

WAIKATO SAVINGS BANK
STATEMENT OF RECEIPTS AND PAYMENTS FOR YEAR ENDED
31 MARCH 1963
Receipts
Cash on hand and at bankers, 31 March 1962 ... 47,815 18 1
Deposits—
Savings ... ... ... ... 4,026,813 17 7
Thrift ... ... ... ... 559,921 4 9
Investment ... ... ... ... 647,746 18 0
Interest—
New Zealand Government stock ... 98,610 16 2
Local Authority stock ... ... 13,050 7 2
Australia and New Zealand Bank fixed deposit ... 4,725 0 0
Mortgages ... ... ... ... 46,851 10 0
New Zealand Short Term Investment Ltd. ... 5,676 14 10
Investments—
New Zealand Short Term Investment Ltd. ... 155,000 0 0
Local Authority stock ... ... 4,667 0 4
Mortgage ... ... ... ... 46,565 0 0
Add: Transfer, Reserve Suspense Account ... 1,999 8 1
Add: Balance of Donations Account ... 188 2 6
Add: Balance of Taxation Account ... 540 0 8
£2,542,727 11 3
Add: Balance, Appropriation Account ... 211,972 8 9
Contingent liability—
Subsidies on home lay-by accounts, £10,000
Current assets—
Cash resources ... 2,050,621 17 3
Interest due and accrued on investments, etc. ... 560,898 18 1
Total current assets ... 2,611,520 15 4
Investments (cost or face value, whichever lower)—
New Zealand Government inscribed stock ... 31,595,118 6 9
Local authority securities ... 7,574,522 10 4
Mortgages ... ... ... 15,681,686 4 6
Total investments ... 54,851,327 1 7
Total of current assets and investments ... 57,462,847 16 11
National Savings securities—
New Zealand Government inscribed stock (securing National Savings depositors) ... 2,952,956 5 3
Total of current assets, investments, and securities ... 60,415,804 2 2
Fixed assets at cost, less depreciation—
Land and buildings ... 603,854 3 8
Home safes ... ... 280 17 8
Furniture and fittings ... 57,867 7 0
Office calculating and bookkeeping machines ... 47,241 16 1
Motor vehicles ... ... 10,246 2 6
Pass book wallets ... ... 22 8 6
Total fixed assets ... 719,512 15 5
£61,135,316 17 7