New Zealand Gazette – 1975 – No. 7

Page 218

✨ Bank Financial Statements



218

A.N.Z. SAVINGS BANK (NEW ZEALAND) LTD.

BALANCE SHEET AS AT 30 SEPTEMBER 1974

1973 NZ$000 1974 NZ$000
Shareholders' funds— 500 500
Authorised capital 500
Issued capital—
250,000 ordinary shares of $2 each
fully paid 500 500
General reserve 1,600 2,100
Contingencies reserve 205 250
Profit and loss appropriation account 363 437
2,668 3,287
Current liabilities and provisions—
Depositors’ balances: 74,770
Ordinary accounts 81,165
Thrift accounts 1,258 1,297
Home layby accounts 377 262
Investment accounts 33,590 28,459
111,183
Provision for taxation 99 376
Other liabilities including interest 1,844
accrued
2,427
113,986
Deferred liabilities—
Provision for deferred taxation 406 147
$115,012 117,420
1973
NZ$000
Current assets— 4,385 4,146
Deposits with Australia and New Zealand Banking Group Ltd.
New Zealand Government stock (Note
1)—
3¾% special issue 46,300 49,500
Other 38,223 28,859
Local authority securities (Note 1) 2,507 3,698
Other investments 748 17
Income accrued on investments 515
92,163
Mortgage and other loans (less provision 22,849
for doubtful debts) 30,685
$115,012
E. L. JONES \ Directors.
W. J. SISAM /
J. G. OLESEN, Secretary.

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 1974

1973 NZ$000 1974 NZ$000
Interest to depositors 3,273 3,590
Management and operating expenses 1,184 1,455
Total expenses 4,457 5,045
Provision for taxation 437 506
Net Profit for period 535 619
$5,429
1973
NZ$000
Income from—
New Zealand Government stock and local 3,606
authority securities 1,446 3,886
Mortgage and other loans 377 1,901
Other 383
$5,429
6,170

No. 7

THE NEW ZEALAND GAZETTE

PROFIT AND LOSS APPROPRIATION ACCOUNT

1973 NZ$000 1974 NZ$000
Transfer to contingencies reserve 23 45
Transfer to general reserve 400 500
Balance carried forward 363 437
$786
1973 NZ$000 1974 NZ$000
Balance brought forward 251 363
Net profit for period 535 619
$786

NOTES FORMING PART OF THESE ACCOUNTS

  1. The market value of Government and local authority securities at 30 September 1974 was $81,344,000 (1973, $87,177,000).

  2. There is a contingent liability for subsidies on home layby accounts.

  3. The names of other group companies in New Zealand are listed for reference:

Australia and New Zealand Banking Group Ltd.
A.N.Z. Custodians Ltd.
A.N.Z. Holdings Ltd.
A.N.Z. Nominees Ltd.
A.N.Z. Pensions Ltd.
A.N.Z. Pensions (Overseas) Proprietary Ltd.

REPORT OF THE AUDITORS TO THE 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 1974, and of the results of the business for the year ended on that date.

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

HUTCHISON HULL AND CO., Chartered Accountants

Wellington, New Zealand, 18 October 1974.
3037

CONTENTS

Page
ADVERTISEMENTS
APPOINTMENTS
BANKRUPTCY NOTICES
LAND TRANSFER ACT: NOTICES
MISCELLANEOUS—
Burial and Cremation Act: Notices
Child Welfare Act: Notice
Coal Mines Act: Notices
Counties Act: Notice
Customs Act: Notice
Customs Tariff: Notices
Food and Drug Act: Notice
Forests Act: Notices
Harbours Act: Notices
Heavy Motor Vehicle Regulations: Notice
Land Act: Notices
Local Authorities Loans Act: Notice
Maori Affairs Act: Notices
Meteorological Table
Mining Act: Notice
Officiating Ministers: Notice
Public Works Act: Notices
Regulations Act: Notice
Reserves and Domains Act: Notices
Sales Tax Act: Notices
Standards Act: Notices
Transport Act: Notices
Wildlife Act: Notice

PROCLAMATIONS, ORDERS IN COUNCIL, AND WARRANTS 183–185

BY AUTHORITY: A. R. SHEARER, GOVERNMENT PRINTER, WELLINGTON, NEW ZEALAND—1975

Price 30c


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✨ LLM interpretation of page content

💰 A.N.Z. Savings Bank Balance Sheet as at 30 September 1974

💰 Finance & Revenue
Balance Sheet, Financial Statements, Banking, A.N.Z. Savings Bank
  • E. L. Jones, Director
  • W. J. Sisam, Director
  • J. G. Olesen, Secretary

💰 A.N.Z. Savings Bank Profit and Loss Account for the Year Ended 30 September 1974

💰 Finance & Revenue
Profit and Loss, Financial Statements, Banking, A.N.Z. Savings Bank

💰 A.N.Z. Savings Bank Profit and Loss Appropriation Account

💰 Finance & Revenue
Profit and Loss Appropriation, Financial Statements, Banking, A.N.Z. Savings Bank

💰 Notes Forming Part of A.N.Z. Savings Bank Accounts

💰 Finance & Revenue
Financial Notes, Banking, A.N.Z. Savings Bank

💰 Auditors' Report for A.N.Z. Savings Bank

💰 Finance & Revenue
18 October 1974
Auditors' Report, Financial Statements, Banking, A.N.Z. Savings Bank
  • Hunt Duthie and Co., Chartered Accountants
  • Hutchison Hull and Co., Chartered Accountants

📰 Contents of the New Zealand Gazette Issue

📰 NZ Gazette
Contents, Gazette, Index