18

H.—B

ACTUARY'S REPORT. Table D. CONSOLIDATED REVENUE ACCOUNT OF THE GOVERNMENT INSURANCE DEPARTMENT, For the Period commencing 1st January, 1894, and ending 31st December, 1896.

Table E. VALUATION BALANCE-SHEET OF THE GOVERNMENT INSURANCE DEPARTMENT, As at 31st December, 1896,

Amount of Funds on 1st January, 1894 Renewal Premiums *Jew Premiums jingle Premiums Consideration for Annuities granted interest.. ?ees £ s. d. 2,128,589 18 0 679,683 14 9 58,069 14 5 5,437 7 9 47,764 16 9 359,498 16 11 20 12 8 £ s. a. £ s. d. Death Claims under Policies, Assurances, including Bonus Additions .. .. 275,928 1 0 Endowment Assurances matured, including Bonus Additions .. .. .. 73,829 18 0 Endowments matured .. 2,846 16 2 Premiums returned on Endowments .. .. .. 136 2 8 Bonuses surrendered for Cash.. 21,890 14 4 Annuities .. .. .. 25,885 7 10 Surrenders .. .. .. 61,015 14 6 Loans released by Surrender .. 54,487 1 0 516,019 15 6 Commission, New .. .. 34,898 10 11 Renewal .. 4,775 4 0 :• Land- and Income-tax Expenses of Management— Salaries, Head Office .. 30,3611111 „ Branch Offices and Agents .. .. 16,569 13 7 Extra Clerical Assistance .. 4,742 0 10 Medical Fees .. .. 13,636 5 11 Travelling Expenses .. 2,227 4 3 Advertising ' .. .. 2,442 10 8 Printing and Stationery .. 3,884 4 2 Rent .. .. .. 6,549 12 0 Postage .. ... .. 4,805 0 4 Telegrams .. .. 1,685 4 8 Exchange .. .. 178 11 1 Office Furniture Depreciation 1,851 5 7 General Expenses .. .. 7,489 5 5 Triennial Expenses .. 4,796 0 10 Compensation for loss of Office .. .. .. 205 3 3 39,673 14 11 20,105 11 3 £3,279,065 1 3 Investment Reserve Fund Amount of Funds on 31st December, 1896 101,423 14 6 10,500 0 0 2,591,342 5 1 £3,279,065 1 3

Dr. £ s. d. Cr. Vo Net value of Liabilities (as per By Accumulated Funds (as per ConValuation Summary in Table B) 2,366,342 5 1 solidated Revenue Account in Vo Surplus .. .. ■■ 225,000 o o Table C) £ s. d. z.59i,34 2 5 1 £2, 591,342 5 1 £2.591,342 5 1