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Statement of Accounts, etc. —continued'. Receipts and Payments Account for the Year ended 31st. March, 1927. Dr. Receipts. Gr. Payments. £ s. d. To Balance in hands of Public Trustee on 31st £ s. d. By Retiring-allowances paid to members .. 215,507 18 3 March, 1926 .. .. .. .. 17,679 3 7 Allowances to widows and children .. 27,438 9 8 Contributions by staff .. .. .161,301 8 4 Contributions refunded to members who have Contributions by contingent contributors .. 2,082 13 9 left the service .. .. .. 21,127 17 10 Fines .. .. .. .. .. 160 10 0 Payments to legal representatives of deceased Receipts from Working Railways Account— beneficiaries under section 120 (c) of GovernSubsidy .. .. .. .. 170,000 0 0 ment Railways Act, 1926 .. .. 768 2 7 Increased allowances to widows and child- Compensation under Government Railways ren .. .. .. .. 12,740 2 7 Act, 1887 .. .. .. .. 37 1 3 Cost-of-living bonus to annuitants .. 4,992 8 0 Contributions transferred to other funds .. 108 13 5 Payment of subsidy from the Amalgamated Travelling-expenses of Board members .. 56 10 0 Society of Railway Servants on account of Public Trust commission.. .. .. 1,246 6 10 Matthew Joseph Mack .. .. .. 24 6 9 Mortgage-inspection fees .. .. .. 4 4 0 interest .. .. .. .. 49,913 7 9 Audit Office charges ... .. .. 50 0 0 Commission on collections of Government Salaries .. .. .. .. 1,413 3 2 Life Insurance premiums .. .. 11 5 3 Postages .. .. .. .. 104 16 1 Printing and stationery .. .. .. 79 4 11 Payments to annuitants by way of cost-of-living bonus .. .. .. .. 4,964 13 5 Investments .. .. .. .. 121,000 0 0 Insurance premium .. .. .. 1 19 0 Fines remitted and refunded .. .. 10 0 Balance of receipts over disbursements .. 24,995 5 7 £418,905 6 0 £418,905 6 0 J. G. COATES, Chairman of the Government Railways Superannuation Fund Board. H. Valentine, Chief Accountant, New Zealand Railways. I hereby certify that the|Statement of Receipts and Payments, 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. G. F. C. Campbell, 17th June, 1927. Controller and Auditor-General.

Approximate Cost of Paper.—Preparation, not[given ; printing (1,500 copies), £11.

Authority : W. A. G. Skinner, Government Printer, Wellington.—l 927.

Print 6d.\