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EARTHQUAKE AND WAR DAMAGE FUND (Under Earthquake and War Damage Act, 1944) Income and Expenditure Account for the Year ended 31st March, 1946 £ s. d. £ s. d. Net premiums .. .. .. .. .. 365,860 15 9 Claims .. .. .. .. .. 507 3 8 Interest .. .. .. .. .. 104,724 19 2 Salaries and overtime .. .. .. .. 2,035 2 7 Fees of members of Commission .. .. . . 304 12 6 Expenses of management .. .. .. .. 990 16 5 Discount allowed insurance offices .. .. .. 8,732 11 3 Balance transferred to Earthquake and War Damage Fund .. .. .. .. .. 458,015 8 6 £470,585 14 11 £470,585 14 11 Balance-sheet as at 31st March, 1946 Liabilities Assets £ s. d. £ s. d. £ s. d. Balance as at 31st March, 1945 .. 4,381,212 14 3 New Zealand Government stock .. .. .. 4,270,000 0 0 Net income for year ended 31st March, Imperial stock .. .. .. .. .. 420,000 0 0 1946 .. .. .. .. 458,015 8 6 Cash in Public Account to credit of Earthquake and 4,839,228 2 9 War Damage Fund .. .. .. .. 71,340 8 9 Discount due on accrued premiums .. .. 1,577 6 2 Interest accrued but not due .. .. .. 18,633 8 5 Premium and other deposits .. .. .. 3,817 3 11 Premiums accrued but not due .. .. .. 63,442 19 11 •Sundry debtors .. .. .. .. .. 1,205 15 9 £4,844,622 12 10 £4,844,622 12 10 Note.—In the Balance-sheet, New Zealand Government stock has been included at par value and Imperial stock has been included at par value converted to New Zealand currency. 10th June, 1946. T. L. Seator, Secretary. I hereby certify that the Income and Expenditure 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. P. Rutherford, Controller and Auditor- General.

Approximate Cost of Paper.- —Preparation, not given ; printing (1,218 copies, £0 155.)

By Authority: E. V. Paul, Government Printer, Wellington.— 1946. Price 3d.]

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