532

THE NEW ZEALAND GAZETTE
No. 17

AUDITORS' REPORT TO MEMBERS OF NATIONAL BANK OF NEW ZEALAND SAVINGS BANK LTD.

We have obtained all the information and explanations that we have required. In our opinion proper books of account have been kept by National Bank of New Zealand Savings Bank Ltd. and proper returns adequate for the purposes of our audit have been received from branches none of which has been visited by us. In our opinion, according to the best of our information and the explanations given to us and as shown by the said books, the balance sheet and the profit and loss account are properly drawn up so as to give respectively a true and fair view of the state of the company's affairs as at 31 October 1967, and of the result of its business for the 13 months' period ended on that date.

According to such information and explanations the accounts, the balance sheet, and the profit and loss account give the information required by the Companies Act 1955, in the manner so required.

ROWLEY, GILL, DAVIES, AND CO., Public Accountants. Wellington, 29 November 1967.

690

A.N.Z. SAVINGS BANK (NEW ZEALAND) LTD.

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 1967
(Expressed in New Zealand currency)

Income from investments—

| New Zealand Government stock and local authority securities | 1,259,716 | 1,820,628 |
| Other investments | 227,672 | 341,785 |
| | 1,487,388 | 2,162,413 |
| Other income | 15,938 | 13,717 |
| | $1,503,326 | $2,176,130 |

PROFIT AND LOSS APPROPRIATION ACCOUNT

BALANCE SHEET AS AT 30 SEPTEMBER 1967
(Expressed in New Zealand currency)

Current liabilities—

On behalf of the Board—
C. G. HANKIN M. BRUNCKHORST D. G. O'REILLY,
Directors. Secretary.

NOTES ON THE ACCOUNTS—(1) The market value of Government and local authority securities at 30 September 1967, was $46,039,114.
2. There is a contingent liability for subsidies on home lay-by accounts.

AUDITORS' REPORT TO MEMBERS OF A.N.Z. SAVINGS BANK (NEW ZEALAND) LTD.

We have obtained all the information and explanations that we have required. In our opinion, proper books of account have been kept by the company so far as appears from our examination of those books. In our opinion, and to the best of our information and the explanations given to us, and as shown by the said books, the 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 company's affairs as at 30 September 1967, and of the results of the business for the year ended on that date.

According to such information and explanations, the accounts, the balance sheet and the profit and loss account give the information required by the Companies Act 1955 in the manner so required.

Ernest Hunt, Turner, and Co.
Public Accountants
Watkins, Hull, Wheeler, and Johnston
Public Accountants
Wellington, New Zealand, 18 October 1967.

691

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