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Balance-sheet of the Government Life Insurance Department on 31st December, 1918. Liabilities. Assets. £ s. d. I £ s. d. £ s. d. Total Assurance, Annuity, and En- Loans on policies .. .. 738,017 9 3 dowment Funds (as per Revenue Goverrrment securities--Aocount) .. .. .. 5,191,744 19 5 Consolidated stock ..625,900 0 0 Claims admitted, proofs not yet com- Debentures issued P leted 182,543 50| under the D i str ict Annuities .. .. .. .. 357 8 5 Railways PurchasCommissron .. .. .. 1,360 5 0 ing Aot ]885 Ex . Medical fees .. .. .. 458 1 11 tension and Amend. Premium and other deposits.. .. 5,407 3 0 ment Act, 1886 .. 40,000 0 0 Fire-insurance moneys in suspense .. 1,450 0 0 Debentures issued Sundry accounts owing .. .. 834 4 8 under the authority Investment Fluctuation Reserve .. 288,825 6 1. 0 f t i u , Finance Act 1915 .. ..' 10,000 (I 0 New Zealand Inscribed Stock—War Loans 545,000 0 0 1,250,900 0 0 Municipal Corporation debentures .. 117,044 13 0 County securities .. .. .. 8,372 9 9 Harbour Board debentures .. .. 36,300 0 0 Town Board debentures .. .. 26,450 0 0 1 Road Board debentures .. .. 21,500 0 0 Drainage Board debentures .. .. 2,044 I 11 Landed and house property .. .. 133,120 13 8 Landed and house property (leasehold) 1,743 14 0 Mortgages on property .. .. 3,038,551 17 10 Properties acqurred by foreclosure .. 3,000 5 2 Overdue premiums on policies in force .. £4,564 8 5 Outstanding premiums due but not overdue.. 41,353 15 7 45,y18 4 0 Overdue interest .. £2,940 17 11 Outstanding interest due but not overdrre.. 7,554 1 10 Interest aoorued but not due .. .. 66,991 16 2 77,486 15 11 Agents'balanoes .. .. .. 2,187 11 11 Cash in hand and on current aooount.. 170,342 17 1 £5,672,980 13 6 £5,672,980 13 6 Government Life Insurance Department, 23rd April, 1919. J. H. Richardson, Commissioner. W. B. Hudson, Secretary. Audited and found correct. Robert J. Collins, Controller and Auditor-General.
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