Payments
£ s. d.
Withdrawals—
Savings bank accounts . 13,218,300 19 4
Thrift Club accounts . 15,720 0 5
Investment accounts . 2,318 5 0
National Savings accounts . 37,778 13 8
Branch remittances . 3,231,763 12 4
Buildings, property, equipment, etc. . 44,173 19 10
Exchange . 103 13 1
Fuel, light, and cleaning . 1,049 6 9
Insurances . 774 19 1
Investments—
Local Authority stock and debentures . 118,275 18 6
Mortgages . 322,807 1 10
New Zealand Government stock . 426,098 13 1
Other investments . 870,000 0 0
Local Authority loans, clients’ applications . 78,580 0 0
Miscellaneous payments . 11,994 16 10
Other trustee savings banks . 5,869 6 6
Perusal fees . 97 18 0
Postages, telephones, tolls . 1,354 17 4
Printing, stationery, and advertising . 6,242 16 2
Rents . 206 6 8
Repairs and maintenance . 1,223 12 0
Salaries, fees, etc. . 44,813 14 11
Stamp duty . 4,440 10 6
Sundry charges . 1,399 18 8
Taxation . 55,375 18 2
Travelling and relieving expenses . 2,133 10 1
Travellers’ cheques sales . 31,956 15 3
Cash in hand and at banks, 31 March 1963 . 426,968 3 11
£18,961,823 7 11

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31 MARCH 1963
Interest credited to depositors—
Savings bank accounts— £ s. d. £ s. d.
Open . 288,959 8 5
Closed . 7,759 14 11
296,719 3 4
Investment accounts—credited
and accrued . 4,002 1 2
National Savings accounts—
Open . 9,059 19 1
Closed . 219 6 2
9,279 5 3
Charges and administration
expenses—
Cleaning . 178 19 1
Earthquake damage insurance 25 6 6
Fuel and light . 896 1 2
Insurance . 862 16 0
Perusal fees . 97 18 0
Postages, telephones, tolls . 1,350 1 7
Printing, stationery, and advertising . 6,294 19 11
Rent . 206 6 8
Repairs and maintenance . 1,201 16 6
Salaries, fees, etc. . 51,338 13 2
Sundry charges . 1,974 10 5
Superannuation . 3,184 1 5
Travelling and relieving expenses . 2,133 10 1
69,745 0 6
Depreciation—
Buildings . 1,732 10 0
Furniture and Fittings . 1,147 6 0
Ledger Posting machines . 1,190 10 0
Office Machines . 102 4 0
4,172 10 0
Provision for taxation . 56,592 9 10
Net profit transferred to Profit
and Loss Appropriation Account . 57,761 12 5
£498,272 2 6

Interest on investments—
Local body stock and debentures . 113,613 9 2
Mortgages . 121,283 19 6
New Zealand Government stock . 212,049 4 2
New Zealand Government stock: National Development Loan . 10,981 11 0
National Bank of New Zealand Ltd.: Fixed deposits 24,650 19 0
482,579 2 10
Interest on National Savings securities . 10,185 0 0
Commission . 4,512 6 0
Exchanges, fines, and forms . 159 16 4
Rents . 202 13 10
Valuation fees . 633 3 6
£498,272 2 6

PROFIT AND LOSS APPROPRIATION ACCOUNT FOR YEAR ENDED 31 MARCH 1963
£ s. d.
Provision for donations . 7,500 0 0
General Reserve Fund . 50,261 12 5
£57,761 12 5

Balance from Profit and Loss Account .. 57,761 12 5
£57,761 12 5

BALANCE SHEET AS AT 31 MARCH 1963
Current liabilities—
Depositors’ balances—
£ s. d. £ s. d.
Savings bank accounts 11,354,886 12 8
Thrift club accounts 11,918 10 3
Investment accounts 291,000 0 0
11,657,805 2 11

National Savings accounts . 263,114 10 2

Other liabilities—
Investment accounts, interest accrued . 3,983 16 2
National Savings, interest accrued . 6,881 18 10
Mortgage interest rebates provision 1,457 10 10
Provision for taxation . 56,592 9 10
Provision for donations . 7,500 0 0
76,415 15 8
11,997,335 8 9

Reserve Fund—
Balance at 1 April 1962 449,787 7 2
Add Investment Fluctuation Account 16,581 19 6
Add Overprovision for taxation 1962 540 0 8
Add Overprovision for donations 1962 125 0 0
Add Balance from Profit and Loss Appropriation Account .. 50,261 12 5
517,295 19 9
£12,514,631 8 6

Current assets—
£ s. d. £ s. d.
Cash in hand and at banks . 427,344 18 11
National Bank of New Zealand Ltd.: Fixed deposits .. 915,000 0 0
1,342,344 18 11
Branch remittances in transit . 10,222 7 11
Interest due and accrued on investments . 130,440 11 7
Sundry debtors: Valuation fees . 169 8 6
140,832 8 0

Investments—
Investment Account securities (N.Z. Government stock) . 291,000 0 0
New Zealand Government stock . 5,168,455 0 0
New Zealand Government stock: National Development loan 269,585 0 0
Mortgages . 2,247,137 0 10
Public body stock and debentures . 2,617,153 12 6
10,593,330 13 4
National Savings securities . 291,000 0 0
12,367,508 0 3

Fixed assets—
Buildings . 52,427 17 11
Add additions . 63,516 15 10
115,944 13 9
Less depreciation . 1,732 10 0

Furniture and Fittings . 5,645 4 5
Add additions . 192 1 6
5,837 5 11
Less depreciation . 1,147 6 0
4,689 19 11