23 OCTOBER THE NEW ZEALAND GAZETTE 2115

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31 MARCH 1969
1968 1969
$ $
2,779,972 Interest to depositors .. .. 3,391,281
716,529 Management and operating expenses
(Directors’ fees—nil) .. .. 860,170
——— Total expenses 4,251,451
3,496,501
192,200 Provision for taxation .. .. 275,000
194,376 Net profit for year .. .. 275,312
——— $4,801,763
$3,883,077
———

1968 1969
$ $
3,193,418 Income from investments—
New Zealand Government stock and
local authority securities .. .. 4,006,086
661,004 Other investments .. .. 769,353
——— 4,775,439
3,854,422
28,655 Other income .. .. 26,324
——— $4,801,763
$3,883,077
———

PROFIT AND LOSS APPROPRIATION ACCOUNT
1968 1969
$ $
25,000 Dividend paid .. .. 50,000
170,000 Transfer to general reserve .. .. 220,000
51,385 Balance at 31 March 1969 .. .. .. 56,697
——— $326,697
$246,385
———

1968 1969
$ $
52,009 Balance at 31 March 1968 .. .. .. 51,385
194,376 Net profit for year .. .. 275,312
——— $326,697
$246,385
———

On behalf of the Board—
J. D. G. DUNCAN, Director.
F. S. TAYLOR, Director.
D. G. WOLSTENHOLME, Manager.

AUDITORS’ REPORT

To Members of 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 the company so far as appears from our examination of those books. 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 March 1969, and of the results of its 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.

Wellington, 12 May 1969.
6341

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GENERAL PUBLICATIONS
ADMINISTRATION IN NEW ZEALAND’S MULTI-RACIAL SOCIETY

Institute of Public Administration 1968
137 pages. Price $2.

AGRICULTURAL AIRCRAFT ACCIDENT

Summary: July–December 1968
8 pages Price 5c.

AGRICULTURAL BOTANY

Reprinted 1968. Technical Correspondence Institute.
234 pages. Price $3.

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ALAM HALFA AND ALAMEIN

By RONALD WALKER

A New Zealand official history. Rommel’s final assault on the Nile as seen by an historian of the Second New Zealand Division.
507 pages, illustrated. Price $2.50.

ANIMAL HABITATS

By A. W. B. POWELL

Price 20c.

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THE ARTS OF THE MAORI

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