B. —1 [PT. IV], SUP. TO 1940

SOCIAL SECURITY DEPARTMENT—continued. Income and Expenditure Account fob the Year ended 31st March, 1940—continued. Vote: " War and Other Pensions." Expenditure. Income. £ Military and naval pensions— £ £ Credits from pensions outstanding at 31st March, 1939 5,454 Great War— Excess of expenditure over income .. .. 2,041,426 Disability .. .. .. 1,704,184 Veterans'allowances .. 210,122 Defence and Naval Forces .. 3,106 South African War Veterans .. 2,042 1,919,454 Civil pensions and annuities— Special annuities .. .. 5,732 Retirement pensions to Judges, police, and Civil servants .. 7,101 Final payments under Pensions Act 32,966 45,799 Other charges— Grant to Soldiers' Civil Re-estab-lishment League .. .. 2,000 Medical examination, treatment, travelling-expenses, and clothing allowances : Disabled soldiers 39,904 Rail concessions, and loadings on life-insurance policies : Disabled soldiers .. .. .. 4,028 45,932 Administration charges— Proportion of administration expenses of Social Security Department .. .. .. 27,000 Salaries and travelling-expenses— War Pensions Board .. .. 5,500 War Pensions Appeal Board .. 2,953 Sundry expenses . . .. 242 35,695 £2,046,880 J £2,046,880 Balance-sheet as at 31st March, 1940. Liabilities. Assets. £ Capital— £ £ Improvements to leasehold buildings .. .. 11,317 Public Works Fund .. .. .. 1,247 Freehold land and buildings .. .. .. 3,857 Consolidated Fund .. .. .. 40,560 Furniture and fittings .. .. .. .. 26,726 — 41, 807 Mechanical appliances .. .. .. .. 9,297 Creditors— Motor-vehicles .. .. .. .. .. 1,816 War and other pension instalments .. 80,711 Libraries .. .. .. .. .. 11l Monetary benefit instalments .. .. 110,877 Stamps on hand .. .. .. .. 371 Hospital benefits .. .. .. 104,982 Stationery on hand .. .. .. 2,594 Maternity benefits .. .. .. 57,806 Medical stores on hand .. .. .. .. 555 Administrative— £ Employment Promotion Fund loans and investments 72,013 Inter-departmental .. 11,862 Debtors— £ Sundry .. .. 4,976 Inter-departmental .. .. 86,427 16,838 Sundry .. .. .. 18,866 371,214 Unpaid registration fees .. 53,685 Registration fees and social security tax paid in advance 7,001 Unpaid social security tax .. 206,425 Liability for cash in Deposits Account .. .. 35,479 Unpaid interest .. .. 3,697 Writings-oil' reservo .. .. .. .. 891 369,100 Treasury Adjustment Account .. .. .. 4,218,091 Interest accrued but not due .. .. .. 675 Pensions and insurance loadings paid in advance .. 663 Payments recoverable from other Governments .. 16,825 1 Other Governments' Cash in Deposits Account .. 35,479 Cash in Social Security Fund .. .. .. 523,901 Excess of expenditure over income— £ War and other pensions .. 2,041,426 Social security benefits.. .. 1,556,866 3,598,292 Losses in Suspense .. .. .. ~ 891 £4,674,483 £4,674,483 J. H. Boyes, Commissioner. G. O. Hall, Accountant. I hereby certify that the Income and Expenditure Accounts 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, subject to the explanatory notes dealing with departmental accounts generally as appearing at commencement of parliamentary return 8.--1 [Pt. IV]. —Cyril G. Collins, Controller and Auditor-General.

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