3

H.—9

Balance-sheet of the Government Insurance Department (Ordinary Branch) on 30th June, 1880.

Government Insurance Office, Wellington, 4th Sept., 1880. D. M. LTJ OKIE, Commissioner. Examined and found correct. C. T. BATKIN, Assistant Controller and Auditor. 14th September, 1880.

Authority: Geobge Didbbuey, Government Printer .Wellington.—lBBl.

Liabilities. £ s. d. Total Assurance, Annuity, and Endowment Funds (as per Revenue Account) ... 459,335 17 o Claims announced, but not paid ... .. 7,155 11 2 Surrenders ... ... ... ... 263 4 1 Annuities unclaimed ... ... ... 800 o o Commission (new) ... ... ... 542 14 3 Medical fees .. ... .. ... 579 12 o Rent and postage ... .. ... 468 15 o Sundry accounts owing.., ... 146 8 11 Premium deposits ... ... ... 617 5 4 Assets. £ a. d. Loans on policies ... ... ... 19,917 n 6 Government securities ... ... ... 343,900 o o Railway debentures (guaranteed by Government) ... ... ... ... 40,000 o o Municipal Corporation debentures ... 2,500 o o Office furniture (Head Office and Agencies) 1,082 13 4 Overdue premiums on policies in force ... ... £6,040 7 o Outstanding premiums due in June, 1880 ... 8,705 6 1 H.745 13 1 Interest outstanding ... 405 19 6 Interest accrued, not due 5>°8i 19 1 5,487 18 7 Agents' balances (since accounted for) ... 749 16 3 Casli on deposit ... 37,000 o o Cash on current account 4.525 15 o 41.S25 'S o £469,909 7 9 £469,909 7 9 Revenue Account of the Indus 1 :eial Bhancii, 30th June, 1880. Amount of funds on 1st July, 1879 Renewal premiums Interest £ a. d. 764 17 8 211 1 10 36 5 ° Claims under policies ... Surrenders (on transfers to Ordinary Branch) Commission ... Amount of funds on 30th June, 1880 £ a. d. 106 4 o 162 13 8 20 12 4 722 14 6 £1,012 4 6 £1,012 4 6 Balance-sheet of the Industbial Bbanch, 30th June, 1880. Liabilities. Total funds (as per Revenue Account) Commission ... £ a. d. Assets. 722 14 6 Agents' balances (since accounted for) 3 3 10 Cash on current account £723 18 4 £ s. d. 288 7 23 9 8 £725 18 4