D.-5

6

Statements op Accounts, etc. — continued. Receipts and Payments Account for the Year ended 31st March, 1930. Dr. Receipts. £ s. d. Or, Payments. £ s. d. To Balance in hands of Public Trustee on 31st By Retiring-allowances paid to members .. 249,328 15 7 March, 1929 .. .. .. .. 27,029 0 8 Allowances paid to widows and children .. 26,676 16 8 Contributions by staff .. .. .. 173,534 18 8 Contributions refunded to members who have Contributions by contingent contributors .. 3,519 8 6 left the service .. .. .. 17,035 2 2 Fines .. .. .. .. .. 010 0 Contributions refunded to contingent members Receipts from Working Railways Account— who have left the service .. .. 316 5 9 Subsidy .. .. .. .. 170,000 0 0 Payments to legal representatives of deceased Increased allowance to widows and children 12,116 13 7 beneficiaries under section 120 (c) of the Cost-of-living bonus to annuitants .. 4,151 12 8 Government Railways Act, 1926 .. 522 19 11 Payment of subsidy from the Engine- Contributions transferred to other funds . . 387 12 3 drivers, Firemen, and Cleaners' Associa- Travelling-expenses of Board members .. 85 12 6 tion, on account of William McArley .. 138 17 11 j Public Trust Commission .'. .. 1,789 9 4 Interest .. .. .. .. 71,803 19 3 Mortgage-inspection fees .. .. .. 3 3 0 Commission on collections of Government Audit Office charges .. .. • • 50 0 0 Life Insurance premiums .. .. 18 11 3 Salaries .. .. .. •• 1,338 13 3 Postages .. .. .. •• 137 9 4 Printing and stationery .. .. .. 70 18 1 Cost of actuarial investigation of the fund .. 573 10 8 Payments to annuitants by way of cost-of-living bonus .. .. •• •• 4,124 1 5 Investments .. .. .. .. 132,000 0 0 Insurance premium . . . . .. 2 16 5 Balance of receipts over disbursements .. 27,870 6 2 £462,313 12 6 £462,313 12 6 W. A. Veitch, Chairman of the Government Railways Superannuation Fund Board. H. Valentine, Chief Accountant, New Zealand Railways. I hereby certify that the Statement of Receipts and Payments, 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.