3

H.—B

Balance-sheet of t,he Government Life Insurance Department on 31st December, 1921. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Total Assurance, Annuity, and En- Loans on policies .. .. 794,545 16 1 dowment Funds (as per Revenue Government securiAocount) .. .. .. 5,726,356 7 8 tiesClaims admitted, proofs not yet com- Consolidated stock 625,900 0 0 pleted .. .. .. .. 60,842 0 6 Debentures issued Annuities .. .. .. .. 412 15 8 under the auCommission .. .. .. 2,251 17 8 thority of the FiMedical fees .. .. .. 465 3 0 nance Act, 1915 40,C00 0 0 Premium and other deposits.. .. 3,822 0 8 New Zealand InFire Insurance moneys in suspense .. 850 0 0 soribed Stock —■ Sundry creditors .. .. .. 5,770 16 10 War Loans .. 1,134,500 0 0 Officers' Fidelity Fund .. .. 600 0 0 New Zealand InInvestment Fluctuation Reserve .. 288,729 14 1 scribed Stock — Finance Act, 1919 50,000 0 0 New Zealand Inscribed Stock — Discharged Soldiers Settlement Loan .. .. 110,000 0 0 1,960,400 0 0 Municipal Corporation debentures .. 131,439 14 0 County securities .. .. .. 5,981 1 2 Harbour Board debentures .. .. 34,500 0 0 Town Board debentures. .. .. 29,200 0 0 Road Board debentures .. .. 21,800 0 0 Drainage Board debentures .. .. 1,987 17 6 Landed and house property .. .. 134,089 11 10 Landed and house property (leasehold) 1,645 0 0 Mortgages on property .. .. 2,743,405 2 3 Properties acquired by foreclosure .. 281 8 3 Overdue premiums on £ s. d. policies in force .. 8,326 18 7 Outstanding premiums due but not overdue.. 43,449 14 4 51,776 12 11 Overdue interest .. 8,420 4 5 Outstanding in tor est duo but not overdue.. 7,400 0 9 Interest aoorued but not due .. .. 70,124 5 4 85,944 10 6 Agents'balances .. .. .. 5,258 19 4 Sundry debtors .. .. .. 2,938 1 1 Cash in hand and on ourrent aocount.. 84,907 1 2 £6,090,100 16 1 £6,090,100 16 1 Government Life Insurance Department, 6th April, 1922. J. H. Richardson, Commissioner. Geo. W. Barltrop, Secretary. The Audit Office, having examined the Revenue Account and Balance-sheet, and compared them with the relative books, documents, and securities, hereby certifies them to be in accordance therewith. ; G. P. C. Campbell, Controller and Auditor-General.

2—H. 8.