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Balance-sheet of the Accident Branch of the State Fire Insurance Office as on the 31st December, 1945 Liabilities Assets £ s. d. £ s. d. Accident Funds, as per Revenue Account .. .. 19,743 2 4 Government securities .. .. .. .. 518,852 0 0 Outstanding accident claims .. .. .. 239,755 0 0 Local-authority securities .. .. .. .. 130,393 0 4 Government taxes .. .. .. .. .. 114,377 4 3 Rural Advances bonds .. .. .. .. 4,725 0 0 Commission .. .. .. .. .. 1,218 0 0 Fixed deposits and at short call .. .. .. 50,000 0 0 Premium and other deposits .. .. .. 1,850 11 0 Interest accrued but not due .. .. .. 5,520 0 o Sundry creditors .. .. .. .. .. 16,117 18 6 Agents'balances .. .. .. .. .. 5,524 9 9 Reinsurance premiums due .. .. .. .. 265 10 1 Sundry debtors, including Motor-vehicles Insurance Officers' Fidelity Fund .. .. .. .. 500 0 0 (Third-party Risks) Act pool .. .. .. 229,743 6 3 Reserve for unearned premiums .. .. .. 182,200 14 0 Cash in hand on current account .. .. .. 134,021 5 7 Bonus Reserve .. .. .. .. .. 50,000 0 0 Investment Fluctuation Reserve .. .. .. 70,000 0 0 Reinsurance Reserve .. .. .. .. 56,000 0 0 Bad Debts Reserve .. .. .. .. 1,000 0 0 Reserve Fund constituted under section 6 of the Government Accident Insurance Amendment Act, 1924 .. 325,751 1 9 £1,078,779 1 11 £1,078,779 1 11 R.. H. Newbold, General Manager. 31st May, 1946. T. L. Seator, Deputy General Manager. 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. P. Rutherford, Controller and Auditor-General.
By Authority: E. Y. Paul, Government Printer, Wellington.— 1946.
Approximate Cost of Paper.—Preparation, not given ; printing (1,818 copies), £7
Price 3d.
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