H.—B

Revenue Account of the Government Life Instance Department for the Year ended 31st December, 1930. £ 8. d. £ s - d - Amount of funds at Ist January, 1930 7,926,524 12 11 Death claimsunto■ «stance policies, Renewal premiums Assurance, An- ' Raiment; ceding bonus additions .. .. 300,053 3 0 SPremiUinB falUngte 58,380 14 3 endowments!: 'l! 8 J 3 sx, .. Si!' dowment .. .. •• 5,769 b Z . g Consideration for Annuities 18,598 210 by'surrender' " 66;632 11 5 £ s d Vn 463,757 0 8 Commission, new* .. 34,463 16 11 land and l renewal 4,542 3 7 come tax, £20,620 " 39,006 0 6 16s. 10d. ; pro- Contribution to Public Service Superperty expenses, w , 1 463 910 £4,163 15s. Bd. .. 24,784 12 6 animation Fund .. 438,972 8 2 ' Expenses of management — Salaries £ s - "• Head Office .. 21,992 9 10 Branch offices and agents .. 12,532 18 3 Extra clerical assistance .. •• 3,130 3 2 Medical fees and expenses •• 2,626 13 9 Travelling-expenses 623 6 8 Advertising .. 592 10 2 Printing and stationery . • 1. 537 0 4 Rent .. •• 4,973 511 Postage and telegrams .. •• 1,795 11 4 Exchange .. 43 9 10 General expenses .. 3,445 9 0 g Transfer to Investment Fluctuation a a Reserve Account .. •• 25,000 0 0 Amount of funds, 31st December, 1930 8,248, J £9 040.846 11 9 .. £9,040,846 11 9 * Including agents allowances. ===== — Balance-sheet of the Government Life Insurance Department on 31st December, 1930. .. i Assets. Liabilities. £ s. d. i: ll i I Account) .. • Municipal Corporation debentures .. 266,767 13 I Claims admitted, proofs not yet com- ~y securities MS £ 'n Annuities' 349 7 0 Harbour Board debentures .. |7,600 0 0 Annuities .. 5 Town Board debentures .. •• 28,778 12 11 218 18 6 Road Board debentures .. •• o c Premium and other deposits .. 11,474 15 9 1» » asrasssass!-." -as 1 ' 2 :: »•"!£ \ ? Overdue premiums on £ s. d. policies in force .. 9,124 9 8 Outstanding premiums due but not overdue 59,619 17 9 _ Overdue interest .. 9,684 7 7 Outstanding interest due but not overdue 12,826 18 6 Interest accrued but not due.. - "I."» 0 5 133,927 6 6 Sundry debtors .. 1.294 1 4 Cash in hand and on current account 2,00b » o 0 6 £8,558,563 0 6 A. E. Allison, Commissioner. H. Rose, Secretary. Government Life Insurance Department. The Audit Office, having examined the Revenue Account and Balance-sheet, a,nd compared them with the relative books, documents, and securities hereby certifies them to be m accordance therewith.—G. F. C. Campbell, Controller and Auditor-General.

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