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Revenue Account of the Accident Branch of the Government Insurance Department for the Year ended 31st December, 1904. £ s. d. | £ s. d. Amount of Accident Funds, Ist January, Claims .. .. .. .. 12,104 18 10 1904 .. .. .. .. 1,255 2 0 Commission.. .. .. .. 3,426 6 6 Premiums .. .. .. .. 23,768 8 3 Land and income tax .. .. 50 011 Interest .. .. .. .. 419 15 1 Salaries .. .. .. .. 2,380 0 0 Expenses of management .. .. 808 14 8 Further appropriation to reserve for unearned premiums .. .. .. 978 0 0 Amount of Accident Funds, 31st December, 1904 .. .. .. .. 5,695 4 5 £25,443 5 4 £25,443 5 4 Balance-sheet of the Accident Branch of the Government Insurance Department on 31st December, 1904. Liabilities. £ s. d. Assets. £ s. d. Accident Funds as per Revenue Account 5,695 4 5 Mortgages on property .. .. 13,375 0 0 Claims admitted (proofs not yet com- Agents' balances .. .. .. 337 19 10 pleted) .. .. .. .. 6,700 0 0 Interest accrued but not due .. .. 196 19 9 Commission.. .. .. .. 287 1 3 Cash in hand and on current account .. 12,365 8 4 Premium and other deposits .. .. 74 2 5 Sundry accounts owing .. .. 4,010 19 10 Reserve for unearned premiums .. 9,508 0 0 £26,275 7 11 £26,275 7 11 Government Insurance Department, 24th March, 1905. J. H. Richardson, Commissioner. W. B. Hudson, Secretary. Audited and found correct. J. K. Warburton, Controller and Auditor-General. Approximate Cost of Paper.—Preparation, uot given ; printing (3,925 copies), £2 Bs.

By Authority: John Mackay, Government Printer, Wellington.—l9os. Price 3d.]