Interest received from—

Government securities ... ... 14,026 8 5
Local Authority debentures ... ... 1,234 1 11
Fixed deposits ... ... 927 10 0
Post Office Savings Bank ... ... 18 10 2
Rents received ... ... 1,446 18 4
National Provident Fund ... ... 225 0 0

£482,960 16 11

Payments

Amount withdrawn by depositors ... ... 238,314 17 3
Invested on mortgages ... ... 95,412 16 11
Invested in Government stock ... ... 34,900 0 0
Invested in Local Authority debentures ... ... 5,000 0 0
Erection of buildings ... ... 3,042 18 6
Charges paid ... ... 7,195 12 10
PAYE taxation ... ... 559 6 4
Taxation ... ... 2,067 18 4
Transfers to other savings banks ... ... 2,223 6 2
Donations made ... ... 465 10 0
Cash in hand and at bankers, 31 March 1963 ... ... 93,778 10 7

£482,960 16 11

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 1963

Interest credited to depositors ... ... 20,164 19 8
Interest accrued on investment accounts ... ... 52 18 3
Expenses and charges account ... ... 2,341 18 0
Salaries account ... ... 4,853 14 10
Depreciation ... ... 540 2 4
Taxation under-provided 1962 ... ... 6 11 11
Provision for taxation ... ... 2,484 0 2
Net profit to Appropriation Account ... ... 3,252 9 9

£33,696 14 11

Interest on investments ... ... 32,215 2 11
Rents, fees, etc. ... ... 1,481 12 0

£33,696 14 11

APPROPRIATION ACCOUNT FOR THE YEAR ENDED 31 MARCH 1963

Donations from profits 1962 ... ... 465 10 0
Balance transferred to Reserve Fund Account ... ... 3,034 19 9

£3,500 9 9

Profit and Loss Account ... ... 3,252 9 9
Realisation discounts New Zealand Government
stock ... ... 248 0 0

£3,500 9 9

BALANCE SHEET AS AT 31 MARCH 1963

Depositors' balances ... ... 754,988 16 11
Investment accounts ... ... 7,033 0 0
Add Interest accrued ... ... 52 18 3

7,085 18 3

Total liability to depositors ... ... 762,074 15 2
Other liabilities—
Provision for taxation ... ... 2,484 0 2
Sundry creditors ... ... 271 18 3

2,755 18 5

Reserve Fund
Balance 1 April 1962 ... ... 80,230 10 3
Add Balance, Appropriation
Account ... ... 3,034 19 9

83,265 10 0

£848,096 3 7

Current assets—
Cash in hand and at bankers ... ... 93,778 10 7
Interest due and accrued on
investment accounts ... ... 5,261 15 11

99,040 6 6

Investments—
New Zealand Government
inscribed stock ... ... 352,171 8 4
Local Authority debentures ... ... 30,596 5 11
First mortgage on freehold
properties ... ... 328,916 4 7

711,683 18 10

Securities—
Investment account securities
New Zealand Government
stock ... ... ... ...

7,085 18 3

Fixed assets at cost less depreciation—
Land and buildings ... ... 26,449 3 10
Additions ... ... 3,042 18 6

29,492 2 4

Less depreciation ... ... 274 2 4

29,218 0 0

Furniture and equipment ... ... 1,334 0 0
Less depreciation ... ... 266 0 0

1,068 0 0

30,286 0 0

£848,096 3 7

R. J. BRADLEY, President.
G. ANDERSON, Manager.

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 1963. (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.

W. J. GUTBERLET, F.R.A.N.Z., F.I.A.N.Z., Auditor.

DUNEDIN SAVINGS BANK

RECEIPTS AND PAYMENTS FOR YEAR ENDED 31 MARCH 1963

Receipts

Balance, 1 April 1962 ... ... ... ... 458,903 11 8
Lodged by—
Depositors ... ... ... ... 6,471,641 9 5
Depositors for National Savings investment
accounts ... ... ... ... 206,999 11 0
Loan interest ... ... ... ... 189,972 3 8
Debenture interest ... ... ... ... 232,250 8 10
Bank interest ... ... ... ... 8,715 13 0
National Savings interest ... ... ... ... 45,865 7 5
Loans repaid ... ... ... ... 275,249 1 10
Debentures repaid ... ... ... ... 32,739 18 9
Refunds, commissions, fines, etc. ... ... ... 5,470 18 8
Rents ... ... ... ... 8,027 17 2
Tenants' rates ... ... ... ... 1,705 8 10
Staff Provident Fund ... ... ... ... 1,972 1 10
Received on behalf of other trustee savings
banks ... ... ... ... 105,926 14 4
Received from investors in Government stock ... 67,056 10 0
Received from investors in local body stock
and debentures ... ... ... ... 22,400 0 0
Sales of travellers' cheques ... ... ... ... 6,293 11 3
Tax deductions PAYE ... ... ... ... 7,531 3 9

£8,148,721 11 5

Payments

Withdrawn by—
Depositors ... ... ... ... 6,030,061 7 6
Depositors from National Savings investment
accounts ... ... ... ... 268,202 16 4
Charges ... ... ... ... 74,280 2 7
Income and social security taxes ... ... 38,500 0 0
Loans granted ... ... ... ... 465,142 15 7
Debentures purchased ... ... ... ... 545,554 0 0
National Provident Fund ... ... ... ... 200,000 0 0
Grants ... ... ... ... 6,975 0 0
Office furniture, etc. ... ... ... ... 5,503 14 0
Land and buildings ... ... ... ... 3,656 10 5
Staff Provident Funds ... ... ... ... 5,211 2 7
Paid on behalf of other trustee savings banks ... 100,344 1 4
Proceeds of sales of Government stock ... 65,856 10 0
Proceeds of sales of local body stock and debentures ... 22,400 0 0
Proceeds of sales of travellers' cheques ... ... 6,276 2 4
PAYE deductions paid to Inland Revenue
Department ... ... ... ... 7,531 3 9
Tenants' rates ... ... ... ... 1,642 10 10
Balance ... ... ... ... 301,583 14 2

£8,148,721 11 5