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Balance-sheet of the Accident Branch qf the State Fire Insurance Office as on the 31st December, 1946 Liabilities £ s. d. Assets Accident Funds, as per Revenue Account . . 21,849 15 5 £ s. d. Outstanding accident claims .. .. 229,297 0 0 Government securities .. .. •• 518,852 0 0 Government taxes .. .. .. .. 54,378 11 9 Local-authority securities .. •• • 116,003 14 5 Commission .. .. .. .. 1,641 0 0 Rural Advances bonds .. 4,725 0 0 Premium and other deposits .. .. 2,587 3 7 Fixed deposits and at short call 50,000 0 0 Sundry creditors .. .. .. .. 1,671 2 10 Interest accrued but not due 5,270 15 7 Reinsurance premiums due .. . . 1,092 1 8 Agents'balances .. .. .. •• •• 7,894 7 1 Officers' Fidelity Fund .. . . 500 0 0 Sundry debtors, including Motor-vehicles Insurance Reserve for unearned premiums .. .. 182,200 14 0 (Third-party Risks) Act pool .. ■■ 245,486 2 6 Bonus Reserve .. .. .. 60,000 0 0 Cash in hand on current account .. .. 79,479 13 9 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 .. 345,494 4 1 4 £1,027,711 13 4 R. H. Newbold, General Manager. 31st May, 1947. 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. Approximate Cost of Paper.—Preparation, not given ; printing (%003 copies), £B. By Authority: E. V. Paul, Government Printer, Wellington.— 1947. Price 3d.~\ \

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