31 OCTOBER

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31 MARCH 1963
Interest credited to depositors—
£ s. d.
Open accounts
255,013 18 7
Closed accounts
18,829 6 10
Credited and accrued on investment accounts
7,535 5 1
Interest and suspensory free deposits credited to home lay-by accounts
2,389 2 1
£
s. d.
283,767 12 7
Interest on Staff Provident Funds
Charges and Administration Expenses
Depreciation—Buildings
Office furniture, etc.
6,264 0 0
4,567 10 3
10,831 10 3
Provision for taxation
Profit and Loss Appropriation Account: Net profit
48,140 11 11
£470,271 18 11
£
s. d.
Investment interest
456,801 19 1
Rents
7,981 12 3
Commissions, refunds, fines, etc.
5,488 7 7
£470,271 18 11

PROFIT AND LOSS APPROPRIATION ACCOUNT FOR YEAR ENDED 31 MARCH 1963
£ s. d.
Provision for grants
8,500 0 0
Reserve Fund Account
39,640 11 11
£48,140 11 11
Profit and Loss Account
48,140 11 11
£48,140 11 11

RESERVE FUND ACCOUNT, 31 MARCH 1963
£ s. d.
Balance, 31 March 1963
578,531 2 5
£578,531 2 5
£ s. d.
Balance, 1 April 1962
510,538 18 6
Discount on purchase of securities
28,326 12 0
Provision for grants unexpended 1962
25 0 0
Profit and Loss Appropriation Account
39,640 11 11
£578,531 2 5

BALANCE SHEET AS AT 31 MARCH 1963
Depositors' balances—
£ s. d.
Savings bank department
9,214,310 19 10
Thrift Club Accounts
268,577 8 0
Special Purpose Accounts
291,073 14 5
Home Lay-by Accounts
74,556 5 3
Ordinary depositors' total
9,848,518 7 6
Investment Account Balances
339,011 6 8
Add Interest Accrued
5,674 13 6
£
s. d.
344,686 0 2
National Savings Depositors'
Balances
1,296,946 18 3
Add National Savings Interest
Suspense Account
21,681 3 8
1,318,628 1 11
Total liability to depositors
11,511,832 9 7
Other liabilities and credit balances
Sundry creditors
2,148 17 3
Owing to other Trustee Savings Banks
2,851 12 8
Staff Provident Funds
62,249 16 3
Provision for £ s. d. taxation 49,201 4 1
Less paid in advance
338 1 11
48,863 2 2
Provision for Grants
8,500 0 0
Provision for Suspensory Free Deposits on Home Lay-by Accounts
1,000 0 0
125,613 8 4
Reserve Fund Account
578,531 2 5
£12,215,977 0 4

Current assets—
£ s. d.
Cash in hand and at bankers
279,902 10 6
Fixed deposits
200,000 0 0
National Provident Fund
207,876 17 10
687,779 8 4
Interest due and accrued on investments, etc.
109,035 18 10
Owing by other Trustee Savings Banks
985 13 2
Rents due and accrued
222 7 4
Total Current Assets
798,023 7 8
Investments
New Zealand Government inscribed stock
5,026,107 1 7
Local Authority debentures
649,248 14 11
First mortgages on freehold property
3,922,302 1 6
Total of investments
9,597,657 18 0
Total of current assets and investments
10,395,681 5 8
Securities—
Investment Account securities
New Zealand Government stock
344,686 0 2
National Savings securities—
New Zealand Government stock
1,296,946 18 3
Cash in hand and at bankers
21,681 3 8
Total securing investment accounts and National Savings depositors
1,663,314 2 1
Total of current assets, investments, and securities
12,058,995 7 9
Fixed assets at cost less depreciation—
Land and buildings
140,718 4 4
Office furniture, etc.
16,263 8 3
156,981 12 7
£12,215,977 0 4

W. A. HUDSON, President,
W. 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 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.
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 1963, and of the results of its business for the year ended on that date.
JAMES BROWN AND CO. Auditors.
J. S. McINNES AND SONS.
Dunedin, 23 April 1963.
855

SOUTHLAND SAVINGS BANK
RECEIPTS AND PAYMENTS ACCOUNT FOR YEAR ENDED 31 MARCH 1963
Receipts
Cash on hand and at banks, 1 April 1962
313,142 8 5
Deposits—
Savings bank accounts
13,785,203 16 7
Thrift Club accounts
16,071 12 10
Investment accounts
201,955 4 10
National Savings accounts
102,783 7 6
Branch remittances
3,204,814 17 5
Other trustee savings banks
12,182 19 1
Cheque book sales
4,450 17 0
Exchanges, fines, and forms
862 15 5
Commission
3,754 15 7
Interest—
New Zealand Government stock
215,250 13 2
Local Authority stock and debentures
104,904 11 9
Mortgages
108,416 3 6
Other investments
32,393 6 8
Principal—
Local Authority stock and debentures
72,886 7 11
New Zealand Government stock
14 18 0
Mortgages
239,813 15 8
Other investments
510,000 0 0
Miscellaneous receipts
3 7 5
Rents
335 0 0
Valuation fees
543 10 6
Travellers' cheques
32,038 18 8
£18,961,823 7 11