B.—l [PT. IY, Sup.J .

NATIONAL PROVIDENT FUND. (1.) Revenue Account for the Year ended 31st December, 1924. £ s. d. j £ s. d. Amount of fund at beginning of year .. 969,945 11 4 Maternity claims (section 18) .. 7,326 0 0 Contributions .. .. .. 150,972 3 1 Maternity claims (approved friendly Interest .. .. .. .. 60,687 0 4 societies) .. .. .. 32,966 0 0 Fines .. .. • • • • 816 5 0 Refund of contributions on lapse, reGoverriment contribution under Act.. 38,421 8 5 duction, and withdrawal (sections Refund of maternity claims by the 10, 11, 12, and 13) .. .. 37,156 7 3 State .. .. .. .. 40,292 0 0 Incapacity allowances (sections 16 and Contributions overpaid on exit .. 25 5 5 17), including contributions waived Benefits refunded on exit .. .. 2,858 12 ] on incapacity (£360 9s. 7d.) .. 2,515 4 8 Miscellaneous receipts .. .. 012 6 Death : Refund of contributions (sections 14 (5) and 15) .. .. 2,599 17 0 Death: Allowances on account of widows and children (section 14) .. 6,364 9 8 Retirement: Allowances (section 12) 9,781 10 3 Refund of contributions overpaid on exit .. .. .. .. 25 5 5 Amount of fund at end of year .. 1,165,284 311 £1,264.01 18 2 . £1,264,018 18 2 Balance-sheet as at 31st December, 1924. Liabilities. £ s. d. Assets. £ s. d. Fund as per Revenue Account .. 1,165,284 311 In hands of Public Trustee— Claims due and in course of payment— Invested .. .. .. 1,098,817 1 1 Maternity .. .. .. 5,321 14 5 Uninvested .. .. .. 18,872 12 1 Death (section 15) .. .. 231 19 8 Mortgage security acquired.. .. 7,000 0 0 Death: Allowances (section 14) .. 267 17 3 Balance with Post Office .. .. 4,420 0 1 Allowances (section 12) .. .. 424 18 7 Balances in transit .. .. 6,556 15 3 Allowances (section 16) .. .. 165 2 7 Contributions outstanding or in course Refunds in suspense .. .. 24,555 4 1 of transmission*— Deposits on incomplete applications to (a.) Contributions due but not to join fund .. .. .. 212 3 overdue .. .. 10,923 11 5 Suspense Account.. .. .. 73 10 11 j (6.) Contributions overdue .. 3,306 19 2 One half contributions of members of ! Government subsidy due under Act*. . 38,421 8 5 Expeditionary Forces overpaid by ! Refund due in respect of maternity State . . .. .. .. 46 10 5 claims* .. .. .. 5,746 0 0 Contributions prepaid .. .. 4,830 1 9 Fines due* .. .. .. 413 7 4 Investment Fluctuation Reserve (by Interest due* .. .. .. 5,191 3 0 transfer from refunds unclaimed) .. 14,696 10 9 : Interest accrued, but not due* .. 16,231 8 9 £1,215,900 6 7 £1,215,900 6 7 * Included in Revenue Account. 17th July, 1925. A. T. Traversi, Superintendent. I hereby certify tliat the balance-sheet and Revenue Account have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby. —Gr. F. C. Campbell, Controller and Auditor-General,

40