27 AUGUST
THE NEW ZEALAND GAZETTE
1385

BALANCE SHEET AS AT 31 MARCH 1964

Depositors’ Balances—
£ s. d. £ s. d.
Savings bank .. .. 50,846,253 17 9
Home lay-by .. .. 3,994,966 3 7
Investment accounts .. 3,214,991 14 0
Thrift clubs .. .. 2,831,790 2 3
Schools banks .. 247,970 12 1
Ordinary depositors’
total .. .. ———————— 61,135,972 9 8
National savings depositors’
total .. .. 2,641,367 15 4
Add: National Savings
Interest Suspense Ac-
count .. .. 49,575 8 11 ———————— 2,690,943 4 3

Other liabilities—
Interest accrued on invest-
ment accounts .. 68,167 15 0
Staff Provident Fund .. 450,585 11 4
Provision for taxation .. 411,069 6 9
Provision for donations 100,000 0 0 ———————— 1,029,822 13 1

Total of liabilities and
provisions .. .. ———————— 64,856,738 7 0

Reserve Fund—
Balance 31 March 1963 2,754,700 0 0
Add: Transfer, Reserve
Suspense Account 2,607 4 8
Add: Balance of Dona-
tions Account .. 4,747 15 6 ———————— 2,762,055 0 2
Add: Balance, Appro-
priation Account .. 282,944 19 10 ———————— 3,045,000 0 0

Contingent Liability—
Subsidies on home lay-by
accounts, £10,000.

————————    £67,901,738    7    0
================

Current Assets—
£ s. d. £ s. d.
Cash resources .. 2,210,847 5 3
Interest due and accrued
on investments .. 591,719 10 6 ———————— 2,802,566 15 9

Investments (cost or face
value, whichever lower)—
New Zealand Govern-
ment inscribed stock .. 35,674,609 2 9
Local authority securities 8,017,194 9 5
Mortgages .. .. 17,639,878 5 0 ———————— 61,331,681 17 2
———————— 64,134,248 12 11

National Savings Securities—
New Zealand Govern-
ment Inscribed Stock
(securing National
Savings depositors) .. 2,690,943 4 3 ———————— 2,690,943 4 3
———————— 66,825,191 17 2

Fixed assets at cost, less
depreciation—
Land and buildings .. 943,149 9 2
Furniture and fittings .. 71,844 14 3
Office calculating and
bookkeeping machines 49,844 11 8
Home safes .. .. 252 17 8
Motor vehicles .. 11,114 10 7
Pass book wallets .. 340 6 6 ———————— 1,076,546 9 10
———————— £67,901,738 7 0
================

W. T. ANDERTON, President.
H. J. BARRETT, General Manager.

We, the undersigned, being the auditors of the Auckland 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
1964. (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. (4) 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 Auckland Savings Bank’s
affairs as at 31 March 1964, and of the results of its business
for the year ended on that date.

D. C. O’HALLORAN, B.COM., F.P.A.N.Z.
A. J. POSTLES, A.P.A.N.Z.
}
Auditors.

3204

WAIKATO SAVINGS BANK

RECEIPTS AND PAYMENTS ACCOUNT FOR YEAR ENDED
31 MARCH 1964

Receipts

£        s.    d.

Cash on hand and at bankers .. .. 163,693 1 1
Deposits—
Savings .. .. .. 6,349,984 5 6
Thrift .. .. .. 857,159 7 10
Investment .. .. .. 1,251,844 17 5
Interest—
Government stock .. .. .. 187,926 19 8
Local Body stock .. .. .. 16,740 15 8
Mortgage .. .. .. 75,661 5 5
A.N.Z. Bank Ltd. .. .. .. 4,375 0 0
National Provident Fund .. .. .. 5,584 2 0
Principal—
Government stock .. .. .. 350,000 0 0
Local Body stock .. .. .. 6,693 4 2
Mortgage .. .. .. 92,900 0 0
A.N.Z. Bank Ltd. term deposit .. .. 35,000 0 0
Income—
Brokerage .. .. .. 6,943 18 1
Mortgage inspection fees .. .. 1,667 16 0
Rent .. .. .. 2,650 16 4
Stamp duty on N.P.O. cheques .. .. 79 14 2
Government stock capital profit .. .. 428 0 0
———————— £9,409,333 3 4
================

Payments

Withdrawals—
£ s. d.
Savings .. .. .. 5,178,210 17 4
Thrift .. .. .. 706,640 5 4
Investment .. .. .. 336,218 18 7
Investments—
Government stock .. .. .. 1,983,500 0 0
Local Body stock .. .. .. 126,000 0 0
Mortgage .. .. .. 736,155 0 0
A.N.Z. Bank Ltd. .. .. .. 40,000 0 0
National Provident Fund .. .. .. 95,000 0 0
A.T.S.B. levies .. .. .. 85 0 0
Advertising .. .. .. 4,047 12 3
Agency commission .. .. .. 570 17 10
Audit fee .. .. .. 1,100 0 0
Bank charges .. .. .. 550 3 11
Bank interest on overdraft .. .. 138 8 9
Cleaning .. .. .. 1,164 7 11
Collection fees on N.P.O. cheques .. 122 14 0
Exchange .. .. .. 391 7 6
Franking machine deposit .. .. 30 0 0
General expenses .. .. .. 1,401 0 2
Insurance .. .. .. 265 15 5
Legal expenses .. .. .. 157 0 11
Maintenance .. .. .. 598 17 9
Meal money .. .. .. 501 3 0
Mortgagor’s insurances .. .. .. 5 14 8
Mortgage valuation fees .. .. 506 2 0
Motor vehicle expenses .. .. 735 6 3
Post and telephones .. .. .. 1,624 15 0
Power .. .. .. 453 15 9
Rates .. .. .. 666 14 4
Rent .. .. .. 5,531 18 0
Salaries .. .. .. 32,365 16 7
Signs and displays .. .. .. 433 15 6
Stamp duty on N.P.O. cheques .. .. 10 0 0
Stationery .. .. .. 6,376 11 5
Superannuation .. .. .. 1,486 19 3
Travelling expenses .. .. .. 579 6 4
Trustees honorariums .. .. .. 1,000 16 0
Donations .. .. .. 4,490 0 0
Taxations .. .. .. 24,087 0 2
Administration building .. .. 4,889 7 3
Building alterations .. .. .. 1,642 7 2
Furniture and fittings .. .. .. 6,330 16 10
Hillcrest storeroom .. .. .. 250 0 0
Machines .. .. .. 6,765 15 6
New building sewerage .. .. 140 13 2
Vehicles .. .. .. 1,487 11 2
Cash on hand and at bankers .. .. 94,622 10 4
———————— £9,409,333 3 4
================

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31 MARCH 1964

£        s.    d.        £        s.    d.

Depositors’ interest—
Closed accounts .. .. 28,284 7 3
Open accounts .. .. 123,085 18 9
Accrued on investment ac-
counts .. .. .. 38,520 0 3 ———————— 189,890 6 3

Advertising .. .. .. 4,086 15 6
Agency commissions .. .. .. 596 6 1
A.T.S.B. levies and subscriptions 85 0 0
Audit fee .. .. .. 1,450 0 0
Bank charges .. .. .. 265 3 11
Cleaning .. .. .. 1,216 1 3