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NATIONAL PROVIDENT FUND. (1.) Revenue Account for the Year ended 31st December, 1925. £ s. d. £ s. d. Amount oi fund at beginning of year 1,165,284 311 Maternity claims (section 18) .. 6,888 0 0 Contributions .. .. .. 161,415 11 2 Maternity claims (approved friendly Interest .. .. .. .. 70,560 14 2 societies) .. .. .. 31,650 0 0 Fines .. .. .. .. 842 18 1 Refund of contributions on lapse, reGovernment contribution under Act.. 40,635 17 4 duction, and withdrawal (sections Refund of maternity claims by the 10, 11, 12, and 13) .. .. 38,715 7 2 State .. .. .. .. 38,538 0 0 Incapacity allowances (sections 16 and Contributions overpaid on exit .. 18 11 5 17), including contributions waived Benefits refunded on exit .. .. 3,442 19 6 on incapacity (£260 9s. Id.) .. 1,877 1 10 Miscellaneous receipts .. .. 18 4 Death : Refund of contributions (sections 14 (5) and 15) .. .. 4,832 4 11 Death: Allowances on account of widows and children (section 14) .. 6,940 19 7 Retirement: Allowances (section 12) 11,850 14 3 Refund of contributions overpaid on exit .. .. .. .. 18 11 5 Amount of fund at end of year .. 1,377,967 4 9 £1,480,740 3 11 £1,480,740 3 11 Balance-sheet as at 31st December, 1925. Liabilities. £ s. d. Assets. £ s. d. Fund as per Revenue Account .. 1,377,967 4 9 In hands of Public TrusteeClaims due and in course of payment-— Invested .. .. 1,308,383 7 11 Maternity .. .. .. 2,382 5 6 Uninvested .. .. .. 14,126 10 5 Death (section 15) .. .. 381 14 7 Balance with Post Office .. .. 3,387 6 4 Death: Allowances (section 14) .. 258 7 7 Balances in transit .. .. 10,288 15 3 Allowances (section 12) .. 521 8 1 Contributions outstanding or in course Allowances (section 16) .. .. 97 7 4 of transmission*— Refunds in suspense .. .. 24,475 19 11 (a.) Contributions due but not Deposits on incomplete applications to overdue .. .. 11,870 3 6 join fund .. .. .. 0 4 8 (b.) Contributions overdue .. 3,340 14 7 Suspense Account .. .. 82 8 8 Government subsidy due under Act* 40,635 17 4 Contributions prepaid .. .. 5,390 411 Refund due in respect of maternity Investment Fluctuation Reserve (by claims* .. .. .. 4,330 0 0 transfer from refunds unclaimed) .. 9,622 19 11 Fines due* .. .. .. 417 11 9 Interest due* .. .. .. 5,655 3 1 Interest accrued, but not due* .. 18,744 15 9 £1,421,180 5 11 £1,421,180 5 11 * Included in Revenue Account. G. S. Nicoll, Bth June, 1926. Secretary to the Board. I hereby certify that 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.—G. F. C. Campbell, Controller and Auditor-General.

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