H.—6.

Balance-sheet of the State Fire Insurance Office on the 31st December, 1932. Liabilities. £ s. d. Assets. £ 8. d. Capital authorized by the State Fire £ Government war-loan securities .. .. 112,140 11 3 Insurance Act, 1908 .. .. 100,000 Other Government securities .. .. .. 304,950 0 0 Less not raised .. .. .. 100,000 Local-authority securities .. .. .. 135,308 9 6 • Nil. Rural Advances bonds .. .. .. 14,175 0 0 Bad Debts Reserve .. .. .. .. 1,500 0 0 Rural Intermediate Credit bonds .. .. 20,000 0 0 Reserve Fund .. .. .. .. 711,418 8 7 Fixed deposits and at short call .. .. 185,000 0 0 Investments Fluctuation Reserve Fund .. 44,000 0 0 Land and buildings .. .. .. .. 151,656 10 6 Reserve for unearned premiums .. .. 104,246 911 Outstanding premiums .. .. .. 11,834 2 1 Bonus Rebate Reserve .. .. .. 29,000 0 0 Interest accrued but not due .. .. .. 10,875 18 8 Reinsurance Reserve Fund .. .. .. 60,000 0 0 Rent accrued or due.. .. .. .. 195 610 Premium and other deposits .. .. .. 1,071 2 9 Rent overdue .. .. .. .. 46 6 2 Outstanding fire and earthquake losses .. 6,601 0 0 Cash in Bank of New Zealand at Government taxes .. .. .. .. 28,201 711 Wellington, or in transit to £ s. d. Sundry creditors .. .. .. .. 6,005 6 5 Wellington .. .. 53,750 8 4 Other amounts owing by the Office— £ s. d. Imprest Account balances : Head Reinsurance premiums due .. 2,803 18 -7 Office and branches .. .. 76 0 4 Commission .. .. .. 1,742 9 5 53,826 8 8 Printing, stationery, and advertising .. .. .. 15 2 1 Postages and sundry charges .. 1,269 5 8 — 5,830 15 9 Fire-insurance funds, as per Revenue Account .. 2,134 2 4 £1,000,008 13 8 £1,000,008 13 8 J. H. Jerram, General Manager. 2nd June, 1933. C. B. Redward, Accountant. 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.

Approximate Cost of I'd per.—Preparation, not given ; printing (1,760 copies), £3 15s.

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