✨ Financial Statements
1238
THE NEW ZEALAND GAZETTE
No. 59
By Interest on investments—
From New Zealand Government
stock
From local body debentures
From mortgages
From personal loans
From other sources
Income from other sources
1974
$
958,929
5,094
964,379
1,285
109,384
44,224
$2,083,295
1973
$
855,933
3,970
815,447
96,878
36,747
$1,808,975
APPROPRIATION ACCOUNT FOR YEAR ENDED 31 MARCH 1974
1974
$
50,000
1973
$
50,000
To Provision for donations
Loss on disposal of securities
Reserve account
...
...
...
...
...
...
144,112
4,106
116,925
$194,112
$171,031
By Donation reserve balance
Profit on disposal of securities
Net profit
...
...
...
...
...
...
...
...
4,680
1,076
188,356
$194,112
5,570
...
165,461
$171,031
DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH 1974
1974
$
674,904.26
1973
$
578,143.60
To Interest to depositors—
On open accounts
Closed accounts and matured investment accounts
Accrued on investment accounts
Home lay-by, home loan suspensory free deposits
...
...
...
...
...
...
...
...
205,876.25
189,400.80
241,860.95
241,455.09
1,614,96
190.00
$1,124,256.42
$1,009,189.49
Administrative expenses—
Salaries and wages
Trustees’ honoraria
Advertising, printing and stationery
Rates and insurance premiums
Share of earthquake premiums of properties mortgaged to the bank
Staff provident fund contributions
Rent branch premises
Lighting and heating
General office expenses
Expenses maintaining bank premises
Depreciation
Payroll tax
Provision for taxation
Net profit
$
378,958.71
3,748.00
45,899.36
12,567.87
381.60
21,510.26
4,523.88
5,117.08
97,844.01
2,017.24
39,463,38
3,650.73
155,000.00
188,356.05
$
393,037.08
4,023.00
43,140.09
10,093.34
328.55
17,172.52
4,150.58
4,818.55
74,660.92
9,845.15
34,389.35
5,665.31
123,000.00
165,461.23
$2,083,294.59
$1,808,975.16
By Interest accrued and received from—
New Zealand Government stock
Local authorities stock
Mortgages
Personal loans
Other sources
1974
$
958,928.82
5,094.35
964,378.41
1,285.32
109,384.03
1973
$
855,933.10
3,969.66
815,447.42
96,877.98
$2,039,070.93
$1,772,228.16
Commissions, fees and sundry receipts
...
...
...
...
$1,808,975.16
44,223.66
36,747.00
$2,083,294.59
BALANCE SHEET AS AT 31 MARCH 1974
1974
$
Depositors’
accounts—
Ordinary
accounts
Thrift clubs
Home loan and ownership
Christmas clubs
...
...
...
...
...
...
...
...
...
24,787,411
1,287,266
629,497
87,844
26,792,018
Investment
accounts
9,104,034
Total liability to depositors
National savings accounts
Add interest suspense account
...
...
...
35,896,052
133,648
2,929
136,577
Other liabilities—
Interest accrued on investment accounts
Sundry creditors
Remittances in transit
...
...
...
241,861
16,331
1,782
Total other liabilities
Provision for donations
Provision for taxation
Reserve fund
...
...
...
259,974
50,000
264,037
1,911,055
$38,517,695
Current assets—
Cash in hand and at bank
Fixed deposits
Interest accrued on investments
Sundry debtors
Remittances in transit
...
...
...
...
...
308,528
2,130,000
330,180
6,905
17,393
Total current assets
...
2,793,006
Investments (at par value)—
New Zealand Government stock
Local authority securities
Mortgages less unearned interest
...
...
...
...
...
18,673,580
132,643
16,064,908
36,231
Total ordinary investments
...
34,907,362
National savings securities—
New Zealand Government stock
Cash on hand and at bank
...
...
...
...
...
...
130,000
6,577
Total national savings securities
...
136,577
Fixed assets (at cost)—
Land and buildings
...
...
...
659,277
1973
$
...
...
...
21,719,292
987,169
510,008
87,435
23,303,904
9,145,580
32,449,484
164,199
3,211
167,410
...
...
...
241,455
12,609
6,183
260,247
50,000
241,970
1,766,943
$34,936,054
...
...
570,924
1,855,000
282,644
120
2,711,036
...
...
16,883,480
89,363
14,398,490
...
31,371,333
...
...
...
...
...
...
160,000
7,410
167,410
...
...
...
644,228
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VUW Te Waharoa —
NZ Gazette 1974, No 59
NZLII —
NZ Gazette 1974, No 59
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Taranaki Savings Bank Financial Statements for 1974
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💰 Finance & RevenueFinancial Statements, Profit and Loss, Balance Sheet, Taranaki Savings Bank