20 JANUARY

THE NEW ZEALAND GAZETTE

1970
NZ$000
Current assets—
Deposits with Australia and New Zealand
Banking Group Ltd.
New Zealand Government stock (see note

1. 31/2 percent special issue
   Other
   Local authority securities (see note 1)
   Income accrued on investments
   79,326
   10,471
   $89,797
   On behalf of the Board—
   T. M. WILLIAMSON
   N. T. CARADUS
   J. G. OLESEN, Secretary.
   PROFIT AND LOSS ACCOUNT
   FOR THE YEAR ENDED 30 SEPTEMBER 1971
   1970
   NZ$000
   Interest to depositors
   Management and operating expenses
   3,510
   277
   278
   $4,065
   1970
   NZ$000
   Income from—
   New Zealand Government stock and local
   authority securities
   Mortgage and other loans
   Other
   $4,065
   PROFIT AND LOSS APPROPRIATION ACCOUNT
   1970
   NZ$000
   Underprovision for taxation 1969
   Transfer to contingencies reserve
   Transfer to general reserve
   Balance carried forward
   $347
   1970
   NZ$000
   69
   278
   Balance brought forward
   Net profit for period
   $347
   NOTES ON THE ACCOUNTS

1. The market value of Government and local authority securities at 30 September 1971, was $72,923,000.
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 1971, and of the results of the business for the year ended on that date.
   1971
   NZ$000
   4,445
   31,580
   39,629
   2,006
   722
   78,382
   11,505
   $89,887
   1971
   NZ$000
   2,875
   635
   Total expenses
   Provision for taxation
   Net profit for period
   $4,428
   1971
   NZ$000
   3,420
   735
   273
   $4,428
   1971
   NZ$000
   1
   20
   200
   126
   20
   230
   192
   $442
   1971
   NZ$000
   126
   316
   $442
   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.
   HUNT DUTHIE AND CO., Chartered Accountants
   WATKINS, HULL, WHEELER, AND JOHNSTON, Chartered Accountants
   Joint Auditors.
   Wellington, New Zealand, 22 October 1971.
   NEW ZEALAND GOVERNMENT PUBLICATIONS
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   GENERAL PUBLICATIONS
   THE SHADOW OF THE LAND
   By IAN WARDS
   A critical study of British colonial policy as applied to New Zealand during the period 1832–1852.
   422 pages, illustrated.
   Price $6.