D.—s.

Statement op Accounts, etc. —continued. Receipts and Payments Account for the Year ended 31st March, 1932. Dr. Receipts. £ s. rt. Of. Payments. £ s. d. To Balance in hands of Public Trustee on 31st By Retiring-allowances paid to members .. 347,050 12 10 March, 1931 .. .. .. •• 12,043 5 7 Allowances to widows and children.. .. 27,104 18 3 Contributions by staff .. .. •• 130,517 010 Contributions refunded to members who have Contributions by contingent contributors .. 2,931 13 4 left the service.. .. .. 20,295 11 3 Fines .. .. .. .. • • 43 5 0 Contributions refunded to contingent members Receipts from Working Railways Account— who have left the service .. .. 11,199 8 2 Subsidy .. .. .. •• 170,000 0 0 Payments to legal representatives of deceased Increased allowances to widows and children 12,183 10 11 beneficiaries under section 120 (c) of Govern-Cost-of-living bonus to annuitants .. 3,340 0 5 ment Railways Act, 1926 .. .. 449 lb 2 Payment of subsidy from the New Zealand Contributions transferred to other funds .. Ml lō » Railway Officers' Institute on account of Travelling-expenses of Board members .. 109 I,J 0 Richard Hampton .. .. •• 15 0 0 Public Trust commission .. .. •• 1,880 11 0 Interest .. .. • • • • 77,815 19 2 Rates and fees paid on account of mortgagors Commission on collections of Government Life (recoverable) .. .. • ■ • • 109 0 3 Insurance premiums .. .. •• 33 15 5 Insurance premiums .. .. •• M & » Balance due to Public Trustee .. .. 26,393 10 1 Audit Office charges .. w U U Salaries.. .. .. •• •• 1.193 1 3 Postages .. .. • • • • 323 7 1 Printing and stationery .. . • - ■ 92 16 8 Payment to annuitants by way of cost-of-living bonus .. .. •• 3,319 19 7 Investments .. .. •• 21,823 311 £435,317 0 9 £435,317 0 9 H. H. Steeling, Chairman of the Government Railways H. Valentine, Superannuation Fund Board. 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. J. H. Fowleb, Deputy Controller and Auditor-General.

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