B.—l [PT. IY, SUP.].

NATIONAL ENDOWMENT TRUST ACCOUNT. Revenue Account fob the Yeae ended 31st March, 1927. Dr. £ s. d. Gr. £ s. d. To Balance to Accumulated Fund .. .. ..7 2 9 By Interest on sales of Land .. .. ..729 £7 2 9 £7 2 9 Balance-sheet as at 31st Maech, 1927. Liabilities. £ s. d. Asset*. £ s. dAccumulated funds .. .. .. .. 63,389 911 Unpaid purchase price of land (not yet payable).. 38,139 0 6 Sundry creditors —Miscellaneous .. .. 5 0 0 Sundry debtors— Principal instalments on deferred payment .. 113 6 3 Interest on sales of land .. ... .. 396 £ s. d. Cash in Public Account .. 5,448 13 8 Investment Account .. .. 19,690 0 0 26,138 13 8 £83,394 9 11 £63,394 9 11 J. B. Thompson, Under-Secretary for Lands. 3rd August, 1927. J. H. O'Donnell, Controller of Accounts. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. The following comment is appended : In the case of the District Land Office of North Auckland, Auckland, Taranaki, Gisborne, Wellington, Nelson, Marlborough, and Westland, the departmental figures have been accepted pending the completion of the local examination by the Audit Inspectors. —G. F. C. Campbell, Controller and Auditor-General. NATIONAL PROVIDENT FUND. Revenue Account for the Year ended 31st December, 1926. £ s. d. £ s. d. Amount of fund at beginning of year 1,377,967 4 9 Maternity claims (section 18) .. 7,206 0 0 Contributions .. .. .. 206,622 111 Maternity claims (approved friendly Interest .. .. .. .. 83,599 18 10 societies) .. .. .. 34,480 0 0 Fines .. .. .. .. 910 12 2 Refund of contributions on lapse, reGovernment contribution under Act.. 52,110 11 6 duction, and withdrawal (sections Refund of maternity claims by the 10, 11, 12, and 13) .. .. 41,738 4 9 State .. .. .. .. 41,686 0 0 Incapacity allowances (sections 16 and Contributions overpaid on exit .. 9 0 0 17), including contributions waived Benefits refunded on exit .. .. 4,012 6 0 on incapacity (£339 13s. 9d.) .. 2,485 4 10 Death : Refund of contributions (sections 14 (5) and 15) .. .. 5,293 2 5 Death: Allowances on account of widows and children (section 14) .. 7,774 19 7 Retirement: Allowances (section 12) 15,029 5 4 Refund of contributions overpaid on exit .. .. .. .. 9 0 0 Amount of fund at tnd of year .. 1,652,901 18 3 £1,766,917 15 2 £1,766,917 15 2 Balance-sheet as at 31st Decembee, 1926. Liabilities. £ s. d. ; Assets. £ s. d. Fund as per Revenue Account .. 1,652,901 18 3 In hands of Public Trustee— Claims due and in course of payment — Invested .. .. .. 1,555,282 3 9 Maternity .. .. .. 1,612 19 5 j Uninvested .. .. .. 26,385 310 Death (section 15) .. .. 211 4 5 j Balance with Post Office .. .. 4,091 11 5 Death: Allowances (section 14) .. 285 6 2 j Balances in transit .. .. 12,424 16 9 Allowances (section 12) .. .. 624 0 4 j Contributions outstanding or in course Allowances (section 16) .. .. 123 2 0 j of transmission*— Refunds in suspense .. .. 25,779 17 10 j (a) Contributions due but not overDeposits on incomplete applications to due .. .. .. 13,511 12 4 join fund .. .. .. 0 9 7 ' (b) Contributions overdue .. 3,606 5 3 Suspense Account .. .. 126 6 9 i Government subsidy due under Act* 52,110 11 6 Contributions prepaid .. .. 6,319 5 3 Refund due in respect of maternity Investment Fluctuation Reserve (by claims* .. .. .. 3,778 0 0 transfer from refunds unclaimed) .. 11,480 2 8 j Fines due* .. .. .. 450 15 8 Interest due* .. .. .. 5,658 15 7 Interest accrued but not due* .. 22,164 16 7 £1,699,464 12 8 £1,699,464 12 8 * Included in Revenue Account. R. E. Hayes, Wellington, Ist July, 1927. Superintendent. I hereby certify that the balance-sheet and Revenue Account have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby.—G. F. C. Campbell, Controller and Auditor-General.

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