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B.—l [Pt. IV]

STATE FIRE INSURANCE OFFlCE—continned. Revenue Account of the Accident Branch of the State Fire Insurance Office for the Year ended 31st December, 1929. £ s. d. £ s. d. Premiums after deduction of reinsurances .. 81,353 10 10 Free-vear bomis on personal accident policies .. 166 7 4 £ s. d. Claims .. .. .. .. .. 49,853 1 5 Interest .. .. .. 13,342 13 10 Commission.. .. .. .. .. 5,490 8 8 Less land and income tax .. 3,939 0 2 Salaries .. .. .. .. .. 10,393 15 0 9,403 13 8 Contribution to Public Service Superannuation Fund .. .. .. .. .. 140 0 0 Expenses of management .. .. .. 2,316 16 1 Further appropriation to reserve for unearned premiums .. .. .. . . 4,330 0 9 Further appropriation to Investments Fluctuation Reserve .. .. .. .. .. 3,000 0 0 Amount of accident funds, 31st December, 1929 .. 15,066 15 3 £90,757 4 6 £90,757 4 6 Balance-sheet of the Accident Branch of the State Fire Insurance Office as on the 31st December, 1929. Liabilities. £ s. d. Asset*. £ s. d. Accident funds, as per Revenue Account .. 15,066 15 3 Government war-loan securities .. .. 100,500 0 0 Outstanding accident claims .. .. .. 19,255 0 0 Other Government securities .. .. .. 18,000 0 0 Government taxes .. .. .. .. 3,939 0 2 Local-authority securities .. .. .. 93,867 511 Commission.. .. . . . . . . 459 10 4 Rural Advances bonds .. .. .. 14,425 00 Premium and other deposits .. .. .. 127 17 4 Mortgages on property .. .. .. 4,392 8 I Sundry creditors .. .. .. .. 904 14 9 Fixed deposits and at short call .. .. 35,000 0 0 Officers' Fidelity Fund .. .. .. 500 0 0 Interest accrued but not due .. .. .. 4,186 6 4 Reserve for unearned premiums .. .. 36,609 111 Agents'balances .. .. .. .. 1,675 18 3 Investment Fluctuation Reserve .. .. 6,000 0 0 Sundry debtors, including Motor-vehicles TnsurReserve Fund constituted under section 6of the anee (Third-party Risks) Act pool .. .. 16,361 7 10 Government Accident Insurance Amendment Cash in hand on current account .. .. 4,583 18 0 Act, 1924 .. .. .. .. 210,130 4 8 £292,992 4 5 £292,992 4 5 J. H. Jerram, General Manager. C. B. Redward, Accountant. T 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. — G. F. C. Campbell, Controller and Auditor-General. SWAMP LAND DRAINAGE ACCOUNT. Receipts and Payments Account for the Year ended 31 st March, 1930. Receipts. £ s. d. Payments. £ s. d. £ s. d. To Balance —Cash in Public Account, Ist April, By Kaitaia Drainage District— 1929 .. .. .. .. .. 8,672 7 8 Drainage-works, &c. .. 11,454 18 2 Debentures issued under Swamp £ s. d. Management and engineering Land Drainage Act, 1915, expenses .. 1,225 16 3 and Appropriation Act, 1918, 12.680 14 5 section 46 .. .. 41,000 Waihi Drainage District— Inscribed Stock issued under Drainage-works, &e. .. 4,012 14 10 Swamp Land Drainage Act, Management and engineering 1915, and Appropriation Act, expenses .. .. 233 12 10 1918, section 46 .. .. 12,000 0 0 4,246 7 8 53,000 0 0 Poukawa Drainage District— Temporary transfers from other accounts under Drainage-works, &c. .. 1,788 4 4 section 40, Public Revenues Act, 1926 .. 31,000 0 0 Management and engineering Subsidies from Consolidated Fund— expenses .. .. 320 16 0 Maintenance rates — £ s. d. 2.109 0 4 Waihi drainage area .. 884 18 3 Hikurangi Drainage District — Kaitaia drainage area .. 1,000 0 0 Drainage-works, &e. .. 21,716 8 7 Special rates—Kaitaia drain- Management and engineering age area .. 3, 025 0 0 expenses .. .. 1, 523 7 4 — 4,909 18 3 23,239 15 II Rents from letting national-endowment lands Fuel and stores .. .. .. 11,232 1 2 in Waihi drainage area.. .. .. 878 7 6 Plant and machinery, &c. .. .. .. 1,110 18 4 Special rate for interest and Refund of special rates for sinking fund— £ s. d. interest and sinking fund—- £ s. d. Kaitaia drainage area .. 492 18 3 Kaitaia drainage area .. 0 4 5 Waihi drainage area .. 4 2 5 Refund of general rates for 497 0 8 maintenance—Kaitaia drainGeneral rate for administration age area .. .. .. 0 11 and maintenance— 0 5 6 Kaitaia drainage area .. 138 12 6 Management charges on consoliWaihi drainage area .. 27 11 10 dated stock .. .. 22 16 10 166 4 4 Stamp duty on transfers, eonsoliRents .. .. .. .. .. 102 13 3 dated stock .. .. 10 17 6 Plant-hire .. .. .. .. 875 5 0 Charges and expenses of raising Interest on mortgage .. .. .. 6 11 6 loans .. .. .. 22 10 0 Repayment in reduction of mortgage .. 110 0 0 56 4 4 Interest on investments .. .. .. 110 0 4 Temporary transfers from other accounts Credits in reduction of expenditure on works, repaid .. .. .. .. 41,000 0 0 &c. .. .. .. .. .. 1,025 18 9 Balance, 31st March, 1930— £ s. d. Miscellaneous .. .. .. .. 1,328 10 11 Cash .. .. .. 6,990 5 9 Imprests outstanding in Dominion .. .. .. 17 4 9 7,007 10 6 £102,682 18 2 £102,682 18 2