H.—l7,

NATIONAL PROVIDENT FUND. Revenue Account foe the Yeae ended 31st Decembee, 1938. Amount of Fund at beginning of year (Ist £ s. d. National Provident Fund Act, 1926 — £ s. d. January, 1938) .. .. ... 4,992,586 18 5 Maternity claims (section 19) .. .. 4,032 0 0 National Provident Fund Act, 1926 — Maternity claims (section 43) .. .. 36,570 0 0 Contributions .. .. .. •• 313,900 3 0 Refund of contributions on lapse, reduction, Interest .. .. .. .. 198,616 16 6 and withdrawal (sections 11, 12, and 13) .. 96,736 11 8 Fines (section 11 (4) ) .. .. .. 377 10 7 Refund of contributions in lieu of annuity Government contribution under Act (sec- (section 14) .. .. .. .. 11,240 13 6 tions 52 and 74 (2) ) .. .. .. 76,221 17 9 Incapacity allowances (sections 17 and 18), Refund of maternity claims by the State including contributions waived on incapacity (sections 42 (2) and 70) .. .. 40,602 0 0 (£1,577 Is. 3d.) 10,305 19 6 Contributions overpaid on exit .. .. 61 15 10 Death: Refund of contributions (sections Beneiits refunded on exit (sections 11 to 16 15 (5) and (16) .. .. .. 31,830 16 4 and 28) .. .. .. .. 21,084 11 II Death: Allowances on account of widows Miscellaneous receipts .. .. ... 0 2 10 and children (section 15) .. .. 13,476 5 4 Refunds unclaimed .. .. .. 2,527 4 8 Annuities (sections 13 and 48) .. .. 73,691 0 6 Refund of contributions overpaid on exit .. 61 15 10 Public Trustee: Charges .. .. .. 2,675 17 3 Legal expenses .. .. .. .. 100 7 4 Investment Fluctuation Account .. .. 75,000 0 0 Amount of Fund at end of year (31st December, 1938) .. .. .. .. 5,290,257 14 3 £5,645,979 I 6 £5,645,979 1 6 Balance-sheet as at 31st Decembee, 1938. Liabilities. £ s. d. Assets. Fund as per Revenue Account .. .. 5,290,257 14 3 In hands of Public Trustee— £ s. d. Post Office .. .. •• •• 739 2 9 Invested .. .. .. .. 5,250,796 4 3 National Provident Fund Act, .1926 — Uninvested .. .. .. .. 13,649 12 8 Claims due and in course of payment*— Balances in transit .. .. .. 9, 955 6 3 Maternity (sections 19 and 43) .. .. 3,095 8 9 National Provident Fund Aot, 1926 — Death: Refunds (section 16) .. .. 1,487 4 2 Contributions outstanding or in course of Death: Refunds (section 15 (5) ) .. 1,251 18 0 transmission* — Death: Allowances (section 15) .. 348 11 11 (a) Contributions due but not overdue .. 21,231 9 7 Annuities (sections 13 and 48) .. .. 2,633 I 9 (b) Contributions overdue .. .. 1,650 17 8 Allowances (section 17) .. •• 366 7 10 Government subsidy due under Act* (sections 52 Refunds of contributions in lieu of annuity and 74 (2) ) .. .. .. .. 76,221 .17 9 (section 14).. .. •• •• 919 14 8 Refund due in respect of maternity claims* Public Trustee: Charges* .. .. .. 1,153 18 9 (sections 42 (2) and 70) .. .. .. 4,374 0 0 Refunds in Suspense .. .. 62,763 0 7 Fines due* (section 11 (4) ) .. .. 103 7 1 Suspense Account .. • ■ ■ • 1,768 9 3 Interest due* .. .. .. .. 9,386 13 10 Contributions prepaid .. .. 10,755 11 0 Interest accrued but not due* .. .. 62,471 4 11 Investment Fluctuation Reserve .. .. 72,300 10 4 £5,449,840 14 0 £5,449,840 14 0 * Included in ltevenue Account. R. Sinel, Superintendent. Wellington, 30th June, 1939. R. M. Poeteous, A.R.A.N.Z., 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. — J. H. Fowlee, Controller and Auditor-General.

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