Ledger Posting
£ s. d.
£ s. d.
machines
5,178 4 3
Add additions
1,571 8 0
6,749 12 3
Less depreciation
1,190 10 0
5,559 2 3
Office machines ..
519 2 4
Less depreciation
102 4 0
416 18 4
Property ..
7,324 4 0
Less sold
50 0 0
7,274 4 0
Add additions
14,971 0 0
22,245 4 0
£12,514,631 8 6
W. M. C. DENHAM, President.
L. R. PAYNE for General Manager.
We, the undersigned, being the auditors of the Southland
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 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 Southland Savings Bank's affairs
as at 31 March 1963, and of the results of its business for the year
ended on that date.

HENDERSON, ADAM, AND CO., Auditors.
J. G. HENDERSON, B.COM., F.P.A.N.Z., A.C.I.S.
W. T. ADAM, A.P.A.N.Z.
Invercargill, 24 April 1963.
859
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