H.—Bb

4

FOURTH SCHEDULE.

CONSOLIDATED REVENUE ACCOUNT OF THE GOVERNMENT INSURANCE DEPARTMENT, Foe the Period commencing Ist January, 1900, and ending 31st Decembee, 1902.

£ a. A. £ s. d. £ s. d. Amount of Funds on ist January, igoo .. 2,997,681 o 4 Death Claims under Policies, Tontine Savings Fund No. 1, transferred at Assurances, including Bonus maturity .. .. .. .. 16,752 13 11 Additions .. .. 337,029 5 o Renewal Premiums .. .. .. 799,447 6 1 Endowment Assurances maNew Premiums .. ... .. .. 61,509 9 5 tared, including Bonus AdSingle Premiums .. .. .. 5,249 7 9 ditions .. .. .. 186,275 o o Consideration for Annuities granted .. 25,912 19 10 Endowments matured .. 3.947 19 J o Interest .. .. .. .. 426,890 6 2 Premiums returned on EndowFees .. .. .. .. .. 39 310 ments .. .. .. 116 17 6 Bonuses surrendered for Cash 28,915 1 1 Annuities .. .. .. 34,840 3 11 Surrenders, Ordinary .. 75,432 o o „ Tontine Policies at maturity of their Tontine Periods 25,375 910 Loans released by Surrender.. 55,428 510 747,360 3 o Commission, New .. .. 37,216 o 8 Renewal .. 6,171 9 1 43,387 9 9 Land and Income Tax .. .. 28,695 : 3 Expenses of Management— Salaries, Head Office .. 32,985 10 2 Branch Offices and Agents.. .. 18,596 1 5 Extra Clerical Assistance .. 6,536 15 7 Medical Fees .. .. 14,358 2 3 Travelling Expenses .. 2,602 5 6 . Advertising .. .. 3,033 18 1 Printing and Stationery .. 3,716 16 11 Rent .. .. .. 6,533 J 3 4 Postage .. .. .. 4,213 15 7 Telegrams .. .. 1,251 18 9 Exchange .. .. 266 2 3 Office Furniture Depreciation 950 o o General Expenses .. 7,776 7 3 Triennial Expenses .. 5,110 o 7 Compensation for loss of Office .. .. .. 507 9 6 108,438 17 2 Investment Reserve Fund .. .. 22,783 9 6 Amount of Funds on 31st December, 1902 .. .. .. .. 3,382,817 6 8 £4,333,482 7 4 £4,333,482 7 4

VALUATION BALANCE-SHEET OP THE GOVERNMENT INSURANCE DEPARTMENT, As at 31st December, 1902,

Dr. £ s. d.\ Cr. £ s. d. To Net value of Liabilities (as per Valuation By Accumulated Funds (as per Consolidated Summary) .. .. .. .. 3,214,409 o o Revenue Account) .. .. .. 3,382,817 6 8 To Surplus .. .. .. .. 168,408 6 8 £3,382,817 6 8 £3,382,817 6 8