✨ Financial Statements
AUCLAND SAVINGS BANK
PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31 MARCH 1967
1966
£
158,399 Interest on depositors' closed accounts (net)
1,716,591 Interest on depositors' open accounts
161,101 Accrued interest on depositors' investment accounts
2,036,091
25,295 Interest on provident fund
1,920 Trustees' honoraria
Administration expenses—
386,444 Salaries and wages
12,178 Maintenance and repairs
22,224 Rates and insurance
13,334 Postages and telephones
7,851 Heating and lighting
39,154 Stationery
25,986 Advertising
27,272 Cleaning
4,795 Home lay-by subsidies
1,183 Loss on sales—motor vehicles
40,510 Other
Depreciation on—
47,791 Buildings
25,606 Furniture and fittings, etc.
740 Plant
13,660 Office calculating and bookkeeping machines
2,600 Motor vehicles
502,000 Provision for taxation
475,711 Net profit
£3,712,345
1966
£
6,909 B.N.Z. variable fixed deposits
33,560 Short term deposits
12,016 National Provident Fund investment
29,866 Bank of New Zealand account
2,033,376 N.Z. Government inscribed stock
454,601 Local authority securities
1,038,696 Mortgages
Interest on investments
Exchange and commission
Rents
Surplus interest on National Savings Securities
Other income
£3,712,345
APPROPRIATION ACCOUNT FOR YEAR ENDED 31 MARCH 1967
1966
£
100,000 Provision for donations
375,711 Balance to reserve fund
£475,711
1966
£
475,711 Net profit
£475,711
1967
£
197,023
1,774,725
256,487
2,228,235
27,645
1,805
£
456,711
17,265
20,930
16,070
10,478
44,002
32,942
30,612
4,264
501
52,532
686,307
£
38,543
39,246
7,088
26,032
3,587
114,496
516,000
483,100
£4,057,588
3,834,969
3,954,685
43,903
36,717
22,283
102,903
£4,057,588
£
100,000
383,100
£483,100
1967
£
119,716
BALANCE SHEET OF AUCKLAND SAVINGS BANK AS AT 31 MARCH 1967
1966
£
56,483,129
4,367,735
3,047,563
286,661
7,352,751
71,537,839
2,002,609
45,236
161,101
547,877
502,000
100,000
74,896,662
3,423,200
6,380
709
375,711
£78,702,662
£
59,080,174
4,396,691
3,138,584
323,240
66,938,689
10,732,820
Ordinary depositors'
total
National Savings depositors' total
Add National Savings interest suspense account
27,363
202,486
588,789
516,000
100,000
1,461,275
Total of liabilities and provisions
Reserve fund—
Balance as at 31 March
Add transfer, provision for taxation
Add transfer, balance of donations account
Add/Less reserve suspense account
Add balance, appropriation account
3,806,000
11,653
7,488
3,825,141
11,241
383,100
£84,763,634
£
1967
£10,000
Current assets—
Cash in hand and at bank
Deposits and money at call
£
804,583
1,522,155
766,539
Cash resources
Interest due and accrued on investments
2,874,487
830,661
Total current assets Investments: (cost or face value whichever lower)—
New Zealand Government inscribed stock
Local authority securities
Mortgages.
47,957,121
9,079,809
20,635,133
77,672,063
National Savings securities—
New Zealand Government inscribed stock (securing National Savings depositors)
1,433,850
Fixed assets at cost: less depreciation—
Land and buildings .
Furniture and fittings
Plant
Office calculating and bookkeeping machines
Motor vehicles
Passbook wallets
1965 coin sets
1,539,328
254,986
57,821
79,426
16,947
1,231
2,834
£78,702,662
£84,763,634
E. H. HALSTEAD, President.
H. J. BARRETT, General Manager.
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VUW Te Waharoa —
NZ Gazette 1968, No 14
NZLII —
NZ Gazette 1968, No 14
✨ LLM interpretation of page content
💰 Auckland Savings Bank - Profit and Loss and Appropriation Accounts for Year Ended 31 March 1967
💰 Finance & RevenueProfit and Loss Account, Appropriation Account, Year End, Financial Statements, Banking
- E. H. Halstead, President
- H. J. Barrett, General Manager
💰 Auckland Savings Bank - Balance Sheet as at 31 March 1967
💰 Finance & RevenueBalance Sheet, As at, Financial Statements, Banking
- E. H. Halstead, President
- H. J. Barrett, General Manager