31 JULY

THE NEW ZEALAND GAZETTE

1705

WAIMAIRI COUNTY COUNCIL

CLOSURE OF MEDBURY TERRACE

NOTICE is hereby given that in pursuance and exercise of
the powers vested in it by the Counties Act 1956 and all
amendments thereto, and all other Acts (if any) enabling
it in that behalf, the Waimairi County Council resolved
by way of special order passed at its meeting held on the
19th day of June 1975, and confirmed at its meeting held on
the 17th day of July 1975, to close the eastern end of
Medbury Terrace to through vehicular traffic. The effect of
this action is to make Medbury Terrace into a cul-de-sac
in so far as vehicular traffic is concerned. Pedestrian traffic
and entranceways to residential properties will not be affected.

Dated this 17th day of July 1975.

J. REID, County Clerk.
County Office, Fendalton.

1922

AUCKLAND SAVINGS BANK

PROFIT AND LOSS ACCOUNT FOR YEAR ENDED 31 MARCH 1975

Interest to depositors—
On open accounts
Closed accounts and matured investment accounts
Accrued on investment accounts
Home lay-by accounts: suspensory free deposits

$ 6,526,225
1,061,128
2,265,228
51,551

Administration expenses
Trustees' honoraria
Depreciation
Provision for taxation
Net profit—carried down

5,128,350
5,358
477,581
1,859,502
2,497,088

$9,904,132

Interest on investments—
From New Zealand Government stock
From local authorities stock
From mortgages
From personal loans
From other sources

8,684,753
1,672,403
7,440,485
80,293
1,412,254

Income from other sources

581,823

$19,872,011

APPRIORIATION ACCOUNT FOR YEAR ENDED 31 MARCH 1975

Provision for donations
Taxation appropriation
Transfer to reserve

$ 350,000
1,140,000
1,007,088

Net profit—brought down

$2,497,088

BALANCE SHEET OF AUCKLAND SAVINGS BANK AS AT 31 MARCH
1975

Depositors' accounts—
Ordinary accounts
Investment accounts

$ 258,196,598
67,046,726

Total liability to depositors
National savings accounts
Add interest suspense account

$ 325,243,324
680,119
13,298

Other liabilities—
Interest accrued on investment
accounts
Staff provident fund

$ 2,265,228
2,257,056

Total other liabilities
Provision for donations
Provision for taxation
Reserve fund

$ 4,522,284
350,000
3,416,520
17,756,756

Current assets—
Cash on hand and at bank
Fixed deposits
Interest accrued on investments

$ 4,351,897
23,000,000
3,239,438

Investments: at cost—
New Zealand Government stock
Local authority securities
Mortgages
Loans—personal

$ 158,084,145
29,133,547
122,590,050
988,010

Total ordinary investments
National savings securities—
New Zealand Government stock

$ 310,795,752
693,417

Total national savings securities

$ 693,417

Fixed assets—
Land and
buildings
Vehicles
Equipment
Furniture, etc.

$ 8,068,114
129,311
3,451,421
2,396,968

Cost Price $14,045,814 $4,466,610

Depre-
ciation To Date Book
$ Value $
852,156 7,215,958
35,174 94,137
2,188,770 1,262,651
1,390,510 1,006,458

Total fixed assets

$9,579,204

Pre-payment—
Computer equipment

$ 322,593

$351,982,301

ALFRED E. ALLEN, President.
C. L. STUART, General Manager.

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

(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 1975.

(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.

(4) In our opinion, the above 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 Auckland Savings Bank's affairs as at 31
March 1975 and of the results of its business for the year ended on
that date.

D. C. O'HALLORAN, B.COM., F.C.A., Auditor.
A. J. POSTLES, A.C.A., Auditor.

1392

BAY OF PLENTY SAVINGS BANK

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 MARCH, 1975

Interest to depositors—
To open accounts
Closed accounts and matured investment
accounts
Accrued on investment accounts
Home lay-by accounts: suspensory free
deposits

$ 645,446
187,737
244,157
974

Sub-total
Administrative expenses
Trustee honoraria
Depreciation
Provision for taxation
Net profit—carried down

$ 1,078,314
893,691
4,491
33,065
90,717
124,125

Interest on investments—
From New Zealand Government stock
From local authorities stock
From mortgages
From other sources

$ 923,780
79,441
997,013
168,539

Sub-total
Income from other sources

$ 2,168,773
55,630