← Page 3665

New Zealand Gazette – 1982 – No. 128

Page 3666

✨ Financial Report and Advertisement

3666
THE NEW ZEALAND GAZETTE
No. 128

PROFIT AND LOSS STATEMENT FOR THE YEAR ENDED 31 MARCH
1982

Trading Income—
Income from New Zealand Government stock and local authority securities
20,304
26,931
140
47,375

Income from other investments
Other income

Less Operating Expenses—
Interest to depositors
Management and operating expenses

Net profit before taxation
Less provision for taxation

Net profit and taxation

This income was distributed as follows--
Dividend paid
Transfer to reserve

$3,222

1981

$000

16,518
22,519
99
39,136

22,678
11,545
41,328

4,913
2,235

$2,678

500
2,178

$2,678

NOTES TO THE ACCOUNTS OF BANK OF NEW ZEALAND SAVINGS BANK LTD.

Note 1—Statement of Accounting Policies

General Accounting Principles—The reports of Bank of New Zealand Savings Bank Ltd. have been prepared on an historical cost basis.

Income Recognition—Interest received (and paid) is incorporated on an accruals basis.

Tax allocation—The charge against income for taxation is the estimated liability in respect to the accounting profit reported for the year. The net effect of timing differences between net income recognised for accounting purposes and for taxation purposes has been allowed for in the Provision for Deferred Taxation.

Conversion of Foreign Currencies—Figures in the accounts are expressed in New Zealand Currency. Rates used in conversion are those current at Balance Date.

Note 2—New Zealand and Overseas Government and Local Authority Securities

The redemption value of the Government Stock and Local Authority Securities appearing in the balance sheet is $224,464,000 ($225,931,000) and the market value $212,596,000 ($204,760,000). Securities purchased at a discount or at a premium are adjusted annually so as to attain their redemption value by maturity date.

AUDITORS’ REPORT TO MEMBERS OF BANK OF NEW ZEALAND SAVINGS BANK LTD.

We have obtained all the information and explanations that we have required. In our opinion proper accounting records have been kept by the company so far as appears from our examination of those records. In our opinion, according to the best of our information and the explanations given to us and as shown by the said records, the balance sheet and the profit and loss statement, together with the notes thereto, are properly drawn up so as to give respectively a true and fair view of the state of the company’s affairs as at 31 March 1982, and of the results of its business for the year ended on that date.

According to such information and explanations, the accounts, the balance sheet, the profit and loss statement and the notes give the information required by the Companies Act 1955, in the manner so required.

HUNT, DUTHIE AND CO., Chartered Accountants.
HOGG YOUNG CATHIE AND CO.,
Chartered Accountants.

Wellington, 19 May 1982.

8937

GENERAL PUBLICATIONS

BALLROOM DANCING—A guide book for teachers and pupils
DEPARTMENT OF EDUCATION

89 p. 1978.

$3 plus 55c p. & p.

Almost all people as they move through their teens to adulthood are introduced to the undoubtedly pleasurable and universal activity, ballroom dancing.

As a new edition to the sports instruction series this book makes an effort to cover the basic steps in a variety of dances. It is intended mainly for beginners and therefore the more technical terms or finer amounts of turn and footwork are not included.

The book is well illustrated throughout with black and white photos and line drawings.

CONTENTS

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VUW Te Waharoa — NZ Gazette 1982, No 128

NZLII — NZ Gazette 1982, No 128

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

💰 Bank of New Zealand Savings Bank Ltd. Profit and Loss Statement for the Year Ended 31 March 1982 (continued from previous page)

Domain💰 Finance & Revenue
KeywordsProfit and Loss, Financial Report, Banking, Taxation

💰 Auditors' Report for Bank of New Zealand Savings Bank Ltd.

Domain💰 Finance & Revenue
Dated19 May 1982
KeywordsAudit Report, Financial Statements, Banking
👩‍💼 Officials

HUNT, DUTHIE AND CO., Chartered Accountants
HOGG YOUNG CATHIE AND CO., Chartered Accountants

🎓 Advertisement for Ballroom Dancing Guide Book

Domain🎓 Education, Culture & Science
KeywordsBallroom Dancing, Education, Guide Book, Sports Instruction

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