New Zealand Gazette – 1970 – No. 56

Page 1702

✨ Savings Bank Financial Statements



1702
THE NEW ZEALAND GAZETTE
No. 56

BALANCE SHEET AS AT 31 MARCH 1970—continued

1969
$
92,280
100,815
———
493,861
169,120
50,427
———
219,547
146,532
———
366,079
$36,480,688
———

1970
$
137,877
211,622
———
710,812
219,547
93,275
———
312,822
146,532
———
459,354
$42,801,716
———

1969
$
1,187,320
800,000
370,429
36
363
7,042
19,960
193
10,611
———
2,395,954
500,000
22,852,000
1,542,729
8,725,825
———
33,620,554
36,016,508
328,739
16,374
———
312,365
2,843
———
309,522
276,016
88,322
———
187,694
33,036
———
154,658
464,180
———
$36,480,688
———

1970
$
1,321,244
1,000,000
427,767
365
180
7,655
57,179
2,060
20,843
———
2,837,293
600,000
25,932,000
2,076,670
10,807,375
———
39,416,045
42,253,338
366,815
18,984
———
347,831
3,008
———
344,823
371,331
118,306
———
253,025
49,470
———
203,555
548,378
———
$42,801,716
———

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31 MARCH 1970

1969
$
566,526
245,985

1970
$
681,718
280,790

PROFIT AND LOSS ACCOUNT—continued

1969
$
277,732
561
1,047
3,383
340,730
16,764
23,173
42,242
40,381
4,843
93,164
11,375
35,879
71,391
250
———
71,141
62,427
———
133,568
$1,837,353
———

1970
$
308,978
441
..
3,142
423,537
24,652
27,395
51,266
41,064
7,365
105,304
6,666
52,478
111,307
500
———
110,807
107,276
———
218,083
$2,232,879
———

1969
$
32,867
1,115,308
77,103
517,548
56,249
6,471
31,807
$1,837,353
———

1970
$
34,792
1,312,575
100,362
683,039
57,644
4,786
39,681
$2,232,879
———

APPROPRIATION ACCOUNT FOR YEAR ENDED 31 MARCH 1970

1969
$
12,000
50,427
———
$62,427

1970
$
14,000
93,276
———
$107,276

1969
$
62,427
———
$62,427

1970
$
107,276
———
$107,276

H. P. SMITH, President.
FRANK DICKSON, General Manager.

AUDITORS’ REPORT

We, the undersigned, being the auditors of the Canterbury Savings Bank, appointed in terms of section 29 (3) of the Trustee Savings Banks Act 1948, report that—

  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 1970.

  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.

In our opinion, the accompanying balance sheet and statements of profit and loss present fairly the financial position of the Canterbury Savings Bank as at 31 March 1970 and the results of its operations for the year ended, in conformity with generally accepted accounting principles applied on the basis consistent with that of the preceding year.

PICKLES, PERKINS, and HADLEE, Auditors.

8973



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✨ LLM interpretation of page content

💰 Canterbury Savings Bank Balance Sheet and Profit and Loss Account for year ended 31 March 1970 (continued from previous page)

💰 Finance & Revenue
Canterbury Savings Bank, Balance Sheet, Profit and Loss Account, Financial Statements, 1970
  • H. P. Smith, President
  • Frank Dickson, General Manager
  • Pickles, Perkins, and Hadlee, Auditors