B.—l [PT. IV].

TEACHERS' SUPERANNUATION FUND. Revenue Account foe the Year ended 31st January, 1930. £ s. d. £ s. d. To Balance, 31st January, 1929 .. .. 1,171,990 7 7 By Retiring and other allowances .. .. 222,422 13 1 Contributions of members .. .. 140,824 15 10 Contributions refunded— £ s. d. Additional contribution from Fiji Govern- On voluntary retirement .. 22,712 0 8 ment in respect to teachers in Fiji schools 261 11 2 On death of member .. 5,700 10 11 Contributions transferred from other funds 7 6 8 On lapse of membership .. 1,456 1 5 Government subsidy— £ s. d. ——■ 29,868 13 0 Under the Act, section 112 43,000 0 0 Contributions transferred to other funds .. 508 6 1 ~ section 114 3,830 16 0 Administration expenses— £ s. d. Additional grant .. 25,000 0 0 Commission, G.P.O. .. 448 1 0 — 71,830 16 0 Commission, Public Trustee 1,717 9 7 Interest — Clerical assistance .. 900 0 0 On investments .. .. 68,697 10 0 Postage and telegrams .. 75 0 0 On contributions in arrears 1,446 19 10 Office expenses .. .. 102 11 0 70,144 9 10 Travelling-expenses of Board members .. .. 114 8 3 Medical fees .. .. 36 15 0 Audit fees .. .. 50 0 0 —— 3,444 4 10 Actuarial investigation as at 31st January, 1927 .. 354 6 5 Less provided for in reserve for same .. ~ .. 250 0 0 — 104 6 5 Balance, 31st January, 1930 .. .. 1,198,711 3 8 £1,455,059 7 1 £1,455,059 7 1 Cost-of-living Bonus Account for the Year ended 31st January, 1930. Dr. £ s. d. Cr. £ s. d. To Refund from Consolidated Fund .. .. 1,677 16 7 By Balance due from Consolidated Fund, January, Balance due from Consolidated Fund, 31st Janu- 1929 .. .. .. .. .. 141 3 8 ary, 1930 .. .. .. .. 141 011 Payment of bonus .. .. .. 1,677 13 10 £1,818 17 6 £1,818 17 6 Balance-sheet as at 31st January. 1930. Liabilities. £ s. d. Assets. £ s. d. Fund as per Revenue Account .. .. 1,198,711 3 8 Amount held by Treasury—- £ s. d. Retiring and other allowances due and unpaid 3,066 17 0 Invested .. .. 42,997 10 0 Refund of contributions due and unpaid .. 2,396 7 1 Amount held by Public Administration expenses unpaid— Trustee—Commission, Post and Telegraph £ s. d. Invested .. .. 1,149,974 5 7 Department .. .. 138 11 6 Uninvested .. .. 5,537 8 3 Clerical assistance .. .. 750 0 0 -—- — 1,198,509 3 10 Postage and telegrams .. 62 10 0 Contributions of membersOffice expenses, printing, and In transit .. .. 4,382 11 2 stationery .. .. 3 15 0 Due and outstanding .. 5,888 1 6 Medical fees .. .. 2 2 0 ——— 10,270 12 8 Audit fee .. .. .. 41 13 4 Interest on investments— — 998 11 10 Due and outstanding .. 1,911 1 2 Unclaimed contributions .. .. .. 622 2 0 Accrued, but not due .. 18,756 19 0 Amounts paid into fund in error .. .. 5 1 6 20,668 0 2 Government subsidy—Statutory Interest on arrears of contributions due and outgrant paid in advance for 1930 39,414 3 4 standing (contributors') .. .. .. 582 4 1 Less portion of additional subsidy Due by annuitants (contributions and interest) 289 0 5 (£25,000) voted for year to 31st Consolidated Fund, on account of cost-of-living March, 1930, not paid at 31st bonus .. .. .. .. .. 141 o 11 January, £17,833 6s. Bd.; addi- Contributions over-refunded, &c. .. .. 13 1 6 tional subsidy under section 114 of Act, not yet paid, £363 10s. lO'l. .. .. 18,196 17 6 21,217 5 10 Reserve— For commission payable to Public Trustee in respect to interest due or accrued .. 516 14 0 For commission to Post and Telegraph Department in respect to vouchers issued but unpaid .. .. 26 0 0 — 542 14 0 Resei ve for loss on realization of securities .. 4 10 8 Vouchers issued but unpaid at 14,465 5 11 31st January, 1930 Less cash in Post Office .. 11,556 15 11 —— 2,908 10 0 £1,230,473 3 7 £1,230,473 3 7 C. E. Crawford, A.R.A.N.Z. Secretary, Teachers' Superannuation Board. 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.— G. F. C. Campbell, Controller and Auditor-General.

10— B. 1 [FT. IV].

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