5

E.—B.

(B.) BALANCE-SHEET as at 31st January, 1925. Liabilities. £ s. d. Assets. £ s. d Fund as per Revenue Account .. 942,755 911 Amount held by Public Retiring and other allowances due and Trustee— £ s. d. unpaid .. .. .. .. 1,268 0 9 Invested .. .. 900,364 110 Refund of contributions due and unpaid 1,893 3 5 Uninvested .. .. 47,491 14 9 Administration expenses unpaid— 1 947,855 16 7 Commission, Post and Tele- £ s. d. Contributions of members — graph Department .. 122 0 0 In transit .. .. 6,207 7 1 Clerical assistance .. 750 0 0 Due and outstanding .. 3,560 9 3 Postage and telegrams .. 53 11 3 — 9,767 16 4 Office expenses, printing, Interest on investments— and stationery .. 20 2 6 Due and outstanding .. 2,788 19 6 Medical fees .. .. 11 11 0 Accrued, but not due 13,8J4 1 0 Audit fee .. .. 41 13 4 16,603 0 6 998 18 1 Interest on arrears of contributions due Reserve for commission payable to Public and outstanding .. .. .. 174 4 4 Trustee in respect to interest due or Consolidated Fund, on account of cost-of-accrued .. . . .. .. 415 0 0 living bonus .. .. .. 331 18 11 Unclaimed contributions .. .. 1,573 0 5 Amounts overpaid— Amounts held pending legislation . . 339 15 10 Refund of contributions .. .. 3 0 0 Amounts overpaid or paid into fund in error .. .. .. .. 3 2 8 Government subsidy—Sta- £ s. d. tutory grant paid in advance to 31st December, 1925 .. .. 39,416 13 4 Less portion of additional subsidy (£25,000) voted for year to 31st March, 1925, not paid at 31st January .. .. 20,833 6 8 18,583 6 8 Vouchers issued but unpaid at 31st January, 1925 .. 9,064 2 6 Less cash in hands of Post Office .. .. 2,158 3 7 — 6,905 18 11 £974,735 16 8 £974,735 16 8 C. E. Crawford, A.T.A.N.Z., Education Department, Secretary, Teachers' Superannuation Board. Wellington, 30th April, 1925. 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.-—G. F. C. Campbell, Controller and Auditor-General.

2. STATEMENT of CONTRIBUTORS, showing Annual Rates of Salaries and Contributions as at the 31st January, 1925.

Number. I Annual Bate ol Annual Rate of jj | 51 Total Salary. ; Contributions. £ £ Contributors at 31st January, 1924 ... 2,644 4,214 6,858 1,774,070 100,091 New contributors entered during the 345 697 1,042 165,224 8,965 year ended 31st January, 1925 Membership reinstated ... ... 1 ... 1 185 15 Transfers from other funds during the 1 ... 1 80 4 year Net increase in salaries and contributions ... ... ... 142,812 7,803'] i £| during the year Totals ... ... ... 2,991 4,911 7,902 2,082,371 116,378 Contributions discontinued during the 117 342 459 114,576 6,893 year ended 31st January, 1925, by resignation, &c. «■ Totals at 31st January, 1925 2,874 4,569 7,443 1,967,795 109,485