7

H.—Ba

FOURTH SCHEDULE.

CONSOLIDATED REVENUE ACCOUNT OF THE GOVERNMENT INSURANCE DEPARTMENT, Fob the Period commencing 1st Januaby, 1897, and ending 31st Decembee, 1899. £ s. d. £ s. d. £ s. d. Amount of Funds on 1st January, 1897 .. 2,591,342 5 1 Death Claims under Policies, Renewal Premiums .. .. 741,290 10 8 Assurances, including Bonus New Premiums .. .. .. .. 63,593 2 9 Additions .. .. 297,119 0 2 Single Premiums .. .. .. 3,937 7 8 Endowment Assurances maConsideration for Annuities granted .. 27,915 12 0 tured, including Bonus AddiInterest.. .. .. .. 393,077 10 1 tions .. .. .. 178,793 11 0 Fees .. .. .. .. .. 24 4 0 Endowments matured .. 3,468 10 2 Premiums returned on Endowments .. .. .. 68 6 9 Bonuses surrendered for Cash.. 20,373 7 7 Annuities .. .. .. 32,245 1 6 Surrenders .. .. .. 63,752 10 4 Loans released by Surrender .. 31,001 7 7 626,821 15 1 Commission, New .. .. 38,332 18 4 Renewal .. 5,520 17 7 43,853 15 11 'Land-and Income-tax .. .. 26,049 19 7 Expenses of Management— Salaries, Head Office .. 33,888 16 0 Branch Offices and Agents.. .. 18,692 5 0 Extra Clerical Assistance .. 4,677 13 3 Medical Fees .. .. 14,922 17 1 Travelling Expenses .. 2,585 7 0 . Advertising .. .. 2,607 19 11 Printing and Stationery .. 3,367 19 0 Rent .. .. .. 6,908 15 5 Postage .. .. 4,995 13 10 Telegrams .. .. 1,711 13 8 Exchange .. .. 236 7 8 Office Furniture Depreciation 1,092 19 0 General Expenses .. .. 6,857 18 7 Triennial Expenses .. 4,593 13 3 Compensation for loss of Office .. .. .. 584 2 8 I — 107,724 1 4 Investment Reserve Fund .. .. 19,050 0 0 Amount of Funds on 31st December, 1899 .. .. .. .. 2,997,681 0 4 £3,821,180 12 3 £3,821,180 12 3 VALUATION BALANCE-SHEET OP THE GOVERNMENT INSURANCE DEPARTMENT, As at 31st December, 1899.

Dr. £ s - d - Cr. £ s. d. To Net value of Liabilities (as per By Accumulated Funds (as per ConValuation Summary) .'. .. 2,871,081 o o solidated Revenue Account) .. 2,997,681 o 4 To Surplus .. •• .. 126,600 0 4 £2,997,681 04 '•'. 1 0^4