31 OCTOBER
THE NEW ZEALAND GAZETTE
1741

National Provident Fund
Australia and New Zealand Bank Ltd.: Fixed Deposit
.. .. 1,255 13 6
Mortgage .. .. 117 10 0
Inspection fees .. .. 491 12 0
Rent .. .. 74 10 6
Commissions .. .. 7 14 0
Amount owing by other trustee savings banks .. 4,454 16 4
Total current assets
.. .. 416,929 12 4

Investments (at face value)—
New Zealand Government inscribed stock .. .. 2,005,439 14 11
Local Authority stock and debentures .. .. 362,484 12 8
Mortgages .. .. 1,208,865 0 0
Total investments
.. .. 3,576,789 7 7

Total of current assets and investments .. .. 3,993,718 19 11
Investment Account Securities—
New Zealand Government inscribed stock .. .. 949,120 5 1

Total of current assets, investments, and securities .. .. 4,942,839 5 0
Non-current assets (at cost)—
Goodwill of leases .. .. 1,975 0 0
Less depreciation to date .. 518 15 0
.. .. 1,456 5 0

Building alterations .. .. 2,190 16 8
Less depreciation to date .. 679 17 3
.. .. 1,510 19 5

Furniture and fittings .. .. 6,816 11 1
Less depreciation to date .. 2,411 1 6
.. .. 4,405 9 7

Calculating and bookkeeping machines .. .. 5,254 13 0
Less depreciation to date .. 1,896 7 9
.. .. 3,358 5 3

Motor vehicles .. .. 3,038 8 11
Less depreciation to date .. 741 6 4
.. .. 2,297 2 7

Building .. .. 2,666 18 0
Less depreciation to date .. 87 7 6
.. .. 2,579 10 6

Land .. .. 27,750 0 0
Total non-current assets .. .. 43,357 12 4

£4,986,196 17 4

R. B. SEABROOK, President.
J. W. BROWN, General Manager.

We, the undersigned, being the auditors of the Waikato Savings Bank, appointed in terms of section 29 (3) of the Trustee Savings Banks Act 1948, report that: (a) We have examined the books, accounts, and vouchers of the bank, and have received all the information and explanations required. (b) We have verified the cash, investments, securities, and assets of the bank as at 31 March 1963. (c) The General Manager of the bank 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 Waikato Savings Bank’s affairs as at 31 March 1963, and of the results of its business for the year ended on that date.

GELLING, FISHER, DAY, AND CO.,
Public Accountants and Auditors.

Hamilton, 10 May 1963.
860

HAWKE’S BAY SAVINGS BANK

STATEMENT OF CASH RECEIPTS AND PAYMENTS FROM OPENING DAY, 21 NOVEMBER 1962 TO 31 MARCH 1963

Receipts

Savings bank deposits .. .. .. 834,661 17 9
Interest on mortgages .. .. .. 2 13 2
Interest on New Zealand Government stock investments .. .. .. 1,583 7 2
Interest on local authority investments .. .. .. 128 8 3

Interest on fixed deposits .. .. .. 105 15 11
Interest on deposits at call .. .. .. 340 5 6
Commissions .. .. .. 1,462 1 1
Mortgage repayments .. .. .. 25 0 0
Charges and administration expenses (refunds, etc.) .. .. .. 200 10 0

£838,509 18 10

Payments

Savings bank withdrawals .. .. .. 133,825 2 3
Mortgage investments .. .. .. 2,700 0 0
New Zealand Government inscribed stock investments .. .. .. 616,307 10 0
Local authority investments .. .. .. 16,000 0 0
National Provident Fund (deposit at call) .. .. .. 50,000 0 0
Charges and administration expenses .. .. .. 3,324 5 7
Furniture and fittings .. .. .. 1,097 1 0
Office calculating and bookkeeping machines .. .. .. 24 2 6
Building alterations .. .. .. 1,052 0 9
Rent .. .. .. 435 0 0
Cash in hand and at bank .. .. .. 13,744 16 9

£838,509 18 10

PROFIT AND LOSS FOR YEAR ENDED 31 MARCH 1963

Interest credited and accrued to depositors .. .. 6,011 6 3
Charges and administration expenses .. .. 3,663 13 7
Depreciation .. .. 217 4 0
Provision for taxation .. .. 659 9 3
Net profit .. .. 1,587 9 9

£12,139 4 10

Interest on investments .. .. .. 10,677 3 9
Commission .. .. .. 1,462 1 1

£12,139 4 10

APPROPRIATION ACCOUNT FOR YEAR ENDED 31 MARCH 1963

Balance to reserve fund .. .. .. 1,587 9 9

£1,587 9 9

Net profit .. .. .. .. 1,587 9 9

£1,587 9 9

BALANCE SHEET AS AT 31 MARCH 1963

Depositor’s balances—
Savings bank .. .. 587,333 18 7
Investment accounts .. .. 117,456 3 4
Thrift clubs .. .. 779 0 3
Total liability to depositors .. .. 705,569 2 2

Other liabilities—
Sundry creditors .. .. 105 0 0
Provision for taxation .. .. 659 9 3
Accrued interest on investment accounts .. .. 1,278 19 7

2,043 8 10

Reserve fund .. .. .. 1,587 9 9

£709,200 0 9

Current assets—
Cash resources .. .. 63,744 16 9
Interest due and accrued on investments .. .. 8,516 13 9

72,261 10 6

Investments—
New Zealand Government inscribed stock .. .. 616,307 10 0
Local authority securities .. .. 16,000 0 0
Mortgages .. .. 2,675 0 0

634,982 10 0

Total current assets and investments .. .. 707,244 0 6

Fixed assets (at cost less depreciation)—
Land and buildings .. .. 946 18 9
Furniture and fittings .. .. 987 7 0
Office machinery .. .. 21 14 6

1,956 0 3

£709,200 0 9

W. E. BATE, President.
G. L. COOK, General Manager.