19 AUGUST

THE NEW ZEALAND GAZETTE

Wellington Airport Extension Loan 1971-$680,000
Pursuant to the Local Authorities Loans Act 1956, the
Wellington City Council hereby resolves as follows:
That, for the purpose of providing the annual charges on a
loan of six hundred and eighty thousand dollars, authorised
to be raised by Wellington City Council under the above-
mentioned Act, for the purpose of extending and improving
Wellington Airport, the said Wellington City Council hereby
makes a special rate of decimal nought two six of a cent
(.026c) in the dollar upon the rateable value (on the basis
of the unimproved value) of all rateable property within the
whole of the City of Wellington, and that the special rate shall
be an annual-recurring rate during the currency of the loan
and be payable yearly on the 1st day of April in each and
every year during the currency of the loan, being a period
of twenty-five (25) years or until the loan is fully paid off.
F. W. PRINGLE, Town Clerk.

HAWKE'S BAY AND GISBORNE SAVINGS BANK
BALANCE SHEET AT 31 MARCH 1971
Depositors' accounts-
Ordinary accounts .. 9,409,902 $
Special accounts (thrift) .. 837,413
Investment accounts .. 5,020,102
Total liability to depositors .. 15,267,417
National savings accounts ..
Other liabilities-
Interest accrued on investment
accounts .. 122,136
Mortgages .. 130,500
Owing to other trustee banks .. 20,988
Remittances in transit ..
Staff provident fund ..
Sundry creditors .. 5,274
Total other liabilities .. 278,898
Provision for donations .. 6,000
Provision for taxation .. 1,827
Deferred tax reserve .. 73,169
Reserve fund .. 209,960
$15,837,271
Current assets-
Cash on hand and at bank .. 69,854 $
Fixed deposits (under 2 years) .. 753,300
Interest accrued on investments .. 146,238
Owing by other trustee savings banks 4,759
Prepayments .. 3,255
Remittances in transit ..
Sundry debtors .. 19,709
Total ordinary investments .. 997,115
Investments-
N.Z. Government stock:
Nominal value 8,834,458
Purchase price 8,814,801
Book value 31/3/71 8,813,776 8,813,776
Local authority securities .. 669,857
Bank deposits-long term .. 600,000
Mortgages .. 4,503,058
Total ordinary investments .. 14,586,691
National Savings Securities ..
Total
Cost Deprecia-
Land and buildings .. 208,067 5,112 202,955
Leasehold improvements .. 9,319 5,185 4,134
Furniture and fittings .. 46,764 21,153 25,611
Office machinery .. 20,718 11,314 9,404
Motor vehicles .. 10,919 3,364 7,555
Medal and coin collection 3,806 .. 3,806
$299,593 $46,128 $253,465
Total fixed assets .. 253,465
$15,837,271
PROFIT AND LOSS ACCOUNT AT 31 MARCH 1971
Interest to depositors-
On open accounts .. 246,862 $
Closed accounts and matured investment accounts 113,883
Accrued on investment accounts .. 122,136
Home lay-by accounts:
Suspensory free deposits ..
482,881
Administrative expenses .. 271,183
Trustees' honoraria .. 2,506
Depreciation .. 11,223
Provision for taxation .. 49,422
Net profit: carried down .. 47,263
$864,478
Interest on investments-
From New Zealand Government stock .. 487,889
From local authorities stock .. 33,734
From mortgages .. 266,164
From other sources-fixed deposits .. 48,102
835,889
Income from other sources .. 28,589
$864,478
APPRECIATION ACCOUNT
Provision for donations .. 6,000 $
Transfer to reserve .. 41,263
$47,263
Net profit, brought down .. 47,263
$47,263
H. W. DOWLING, President.
E. ROBERTSON, Acting General Manager.
AUDITORS' REPORT
We report that we have examined the balance sheet of the
Hawke's Bay and Gisborne Savings Bank as at 31 March 1971,
and the related revenue account for the year then ended, and have
received all the information and explanations we have required.
In our opinion the accompanying balance sheet and revenue
account presents fairly the financial position of the bank as at 31
March 1971, and the results of its operations for the year then
ended, in conformity with generally accepted accounting principles
applied on the basis consistent with that of the preceding year.
J. R. BARK,
Brown, Webb, and Co., Chartered Accountants.
Hastings, 12 May 1971.
1704
FRIENDLY SOCIETY REGISTERED
Pursuant to section 16 of the Friendly Societies Act 1909, the
New Zealand Medi-Care Society, with registered office at Auckland, is registered as a friendly society under the Friendly
Societies Act 1909.
Dated at Wellington this 10th day of August 1971.
O. D. GOOD, Registrar of Friendly Societies.
2238
FRIENDLY SOCIETY REGISTERED
Pursuant to section 16 of the Friendly Societies Act 1909, the
Chiropractors Credit Union, with registered office at Auckland, is registered as a specially authorised society under the
Friendly Societies Act 1909.
Dated at Wellington this 10th day of August 1971.
O. D. GOOD, Registrar of Friendly Societies.
2239