2 AUGUST
THE NEW ZEALAND GAZETTE
2973

Note 2: Government Stock:
Total discounts and premiums on Government stock securities are amortised over the term of the investment on a straightline basis. The value of the stock in the balance sheet is shown at its cost price adjusted by amortised discount or premium to date.

Note 3: Personal Loans:
The Bank’s policy is to add total interest due to the loan when advanced, and interest revenue is recognised on the basis of the “Rule of 78”.

Note 4: Taxation:
(a) The provision for income tax charged in the profit and loss account is the calculated tax liability in respect of the accounting profit after adjusting for permanent differences.
(b) The provision for deferred taxation arises from items of income and expenditure being included in taxation calculations in periods different from those in which they are dealt with in the financial accounts.

B. Associate Company:
The Bank’s investment in Northern Trustee Computerbank Limited has been shown in the accounts according to the standard accounting practice adopted by the New Zealand Society of Accountants for an Associate Company.

The investment is made up as follows:

Debentures $ 93,000
Paid up shares $ 140,000
Share of accumulated profit brought forward $ 74,435
Plus share of profit for year $ 52,175
Less share of provision for taxation $ 22,524
Investment in Associate Company $ 337,086

C. Fixed Assets:

The latest Government valuations of land and buildings, plus subsequent additions at cost, amount to $794,830.

D. New Zealand Government Stock

New Zealand Government stocks are normally held to maturity date when the nominal value will be realised. Due provision is made to account for the differences between book and nominal value. (note 2)

E. Term Investment Deposits—Maturities

F. Commitments

Investments
Mortgages approved and New Zealand Government stock commitments, as at 31 March 1984 $ 3,657,450 1983 $ 1,304,077

Capital
Capital commitments in respect of plant, land and buildings 1984 $ 186,700 1983 $ 198,800

AUDITORS’ REPORT

We report that we have examined the Balance Sheet of the Bay of Plenty Savings Bank as at 31 March 1984 and the Revenue Statement for the year ended on that date, and have received all the information and explanations we have required.

In our opinion, the accompanying Balance Sheet and Revenue Statement present fairly the financial position of the Bank as at 31 March 1984 and the results of the operations for the year ended on that date, and were in general conformity with generally accepted accounting principles applied on a basis consistent with that of the preceding year.

We have also examined the statement of changes in financial position which, in our opinion, gives a true and fair view of the changes in financial position of the Bank for the year ended 31 March 1984.

PEAT MARWICK MITCHELL AND CO.,
Chartered Accountants.

Tauranga, 15 May 1984.

8626

GENERAL PUBLICATIONS

MANPOWER PLANNING IN PUBLIC ADMINISTRATION
STATE SERVICES COMMISSION
51 p. 1981. Discussion Paper No. 1. $3.95 plus 55c p & p
‘Manpower planning’ is a term which has a wide and rather ill-defined meaning. This report, addressed to the central question: “What is manpower planning?”, opens with the philosophy of manpower planning, what it is, its aims and objectives. This is followed by a discussion of what is involved in forecasting the supply and demand for people and skills in the public service. The essentials of departmental manpower is then discussed followed by a chapter devoted to the practice of career development and concluding with a statement on the future development of manpower planning in the public service.

JOINERY

N.Z. TECHNICAL CORRESPONDENCE INSTITUTE
Joinery, Part I, is the first of four books prepared by the Technical Correspondence School. It deals with methods of construction of doors, framed and ledged door, panelled doors, flush doors, and glazed doors.

Joinery, Part II, deals with door frames, transons, and sidelights; sliding, folding, and special doors; hardware, finishing, and gates.

Joinery, Part III, covers window joinery. It also deals with built-in-fittings, carcass work; fitment doors and drawers.

Woodworking Machinery, is the fourth book in the series, covering circular saws, saw blades, surface planing, and thickness machines, vertical spindle moulding machines, and other machines commonly used in woodworking establishments.

Joinery Part I……………………………………… $9.95 plus $0.85 p & p
Joinery Part II…………………………………… $3.25 plus $0.85 p & p
Joinery Part III………………………………… $13.95 plus $1.50 p & p
Woodworking Machinery…………………… $9.95 plus $0.85 p & p

WHAKAREWAREWA FOREST PARK
Edited by John Boyd
80 p. 1983. $6.00 plus 85c p & p
This handbook is a guide to the recreational facilities, forestry operations, history and wildlife of the park, unique in that it borders on to a large city, just 5 kilometres from the city centre of Rotorua. Visitors to the park may stroll midst trees and ferns; study trees, shrubs and ferns; watch birds; look for insects; picnic in shady glades; cycle or ride a horse on old logging tracks.

GUIDELINES FOR AUTHORS: Preparing Manuscripts for Publication
Edited by Paula J. Wagemaker
52 p. 1984. $7.50 plus 85c p & p
Submitting a manuscript to a publisher is not simply a matter of handing over a sheaf of paper. Publishers usually insist that a manuscript and its accompanying illustrative material be presented to defined standards of preparation. The standards of preparation required are detailed in these guidelines which have been produced in the interest of ensuring harmonious relationship between authors and their publishers.