20 FEBRUARY

THE NEW ZEALAND GAZETTE

1967
$
2,514,957 Deposits with Australia and New Zealand Bank Ltd. . . .
Investments—
New Zealand Government stock
18,000,000 3¼ percent special issue . . 21,130,000
27,106,451 Other . . 35,171,321
1,403,777 Local authority securities . . 1,821,751
4,340,283 Mortgage and other loans . . 5,260,997
492,130 Income accrued on investments . . 629,647

$
66,694,036 $
53,857,598 2,680,320

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 1968

(Expressed in New Zealand currency)

1967
$
1,580,382 Interest to depositors . . . 2,050,273
303,348 Management and operating expenses . . 407,262

Total expenses
1,883,730 Loss on realisation of investments . . 2,457,535
— Provision for taxation . . 12,395
146,000 161,200
146,400 Net profit for period . . 166,494

$
2,176,130 $
52,797,624

Income from investments—
1967
$
1,820,628 New Zealand Government stock and local authority securities . . 2,375,645
341,785 Other investments . . 404,180

2,162,413 Other income . . 2,779,825
13,717 . . 17,799

$
2,176,130 $
2,797,624

PROFIT AND LOSS APPROPRIATION ACCOUNT

1967
$
21,000 Transfer to contingencies reserve . . 10,000
120,000 Transfer to general reserve . . 120,000
— Dividend . . 30,000
46,499 Balance carried forward . . 53,771

$
187,499 $
213,771

1967
$
41,026 Balance brought forward . . 46,499
146,400 Net profit for period . . 166,494
73 Overprovision for taxation 1967 . . 778

$
187,499 $
213,771

NOTES ON THE ACCOUNTS

1. The market value of Government and local authority securities at 30 September 1968 was $57,924,471.
2. There is a contingent liability for subsidies on home lay-by accounts.

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

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 1968 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
Joint Auditors
Wellington, New Zealand, 18 October 1968.

NEW ZEALAND GOVERNMENT PUBLICATIONS

GOVERNMENT BOOKSHOP

A selective range of Government publications is available from the following Government Bookshops:

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Private Bag
Telephone 46 807
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P.O. Box 5344
Telephone 32 919
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P.O. Box 857
Telephone 80 103
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P.O. Box 1721
Telephone 50 331
Dunedin: T. and G. Insurance Building, Princes Street
P.O. Box 1104
Telephone 78 294

Wholesale Retail
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Call, write, or phone your nearest Government Bookshop for your requirements.

THE NEW ZEALAND GAZETTE

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Single copies available as issued.

The price of each Gazette varies and is printed thereon.

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NEW ZEALAND STANDARD SPECIFICATIONS

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STATUTORY REGULATIONS

Under the Regulations Act 1936, statutory regulations of general legislative force are no longer published in the New Zealand Gazette, but are supplied under any one or more of the following arrangements:

(1) All regulations serially as issued (punched for filing) subscription $10 per calendar year in advance.
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(3) Separate regulations as issued.

The price of each regulation is printed thereon.

GENERAL PUBLICATIONS

ADMINISTRATION IN NEW ZEALAND’S MULTI-RACIAL SOCIETY

Institute of Public Administration 1968
4, 137 pages.
Price $2.