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Revenue Account op the Accident Branch of the State Fire Insurance Office for the Year ended 31st December, 1930. £ s. d. £ s. d. Premiums after deduction of reinsurances .. 104,934 17 4 Free-year bonus on personal accident policies .. 307 16 7 £ s. d. Claims .. .. .. .. .. 61,040 15 3 Interest .. .. .. 14,860 18 6 Commission.. .. .. .. .. 4,896 18 5 Less land and income tax .. 4,036 16 1 Salaries .. .. .. .. .. 11,173 0 0 10,824 2 5 Contribution to Public Service Superannuation r.sO ' Fund .. .. .. 290 0 0 Expenses of management .. .. .. 2,761 10 9 - ■ Further appropriation to reserve for unearned j-i k .t.„ i/.: premiums .. .. .. .. 10,611 11 11 Further appropriation to Investments Fluctuation Reserve .. .. .. .. .. 3,000 0 0 Loss on realization of securities .. .. 146 6 8 Amount of accident funds, 31st December, 1930.. 21,531 0 2 £115,758 19 9 £115,758 19 9 ,» Iff,, 'J J. ff ' ; ' ). '■' . '■■ : Iff v/> Balance-sheet' of the Accident Branch of- the State Fire Insurance Office as on the 31st Diu kmbkr, 1930. | r , : ' ■. i»: Liabilities. I- £ s. d. Assets. £ s. d. Accident funds, as per Revenue Account .. 21,531 0 2 Government war-loan securities .. .. 100,500 0 0 Outstanding accident .. .. 27,871 15 7 Other Government securities .. .. 38,000 0 0 Government taxes .. ' .. .. 4,036 16 1 Local-authority securities .. .. .. 93,307 510 Commission.. .. .. .. .. 488 8 8 Rural Advances bonds .. .. .. 14,425 0 0 Premium and other deposits .. .. .. 71 15 7 Property under agreement for sale and purchase.. 3,980 0 0 Sundry creditors .. .. .. .. 106 12 3 Fixed deposits and at short call .. .. 35,000 0 0 Officers' Fidelity Fund .. .. .. 500 0 0 Interest accrued but not due .. .. .. 4,507 14 9 Reserve foi unearned premiums .. .. 47,220 13 10 Agents'balances .. .. .. .. 4,407 11 4 Investment Fluctuation Reserve .. .. 9,000 0 0 Sundry debtors, including Motor-vehicles InsurReserve Fund constituted under section 6of the ance (Third-party Risks) Act pool .. .. 36,802 10 3 Government Accident Insurance Amendment Cash in hand on current account .. .. 5,093 19 11 Act, 1924.. .. .. .. .. 225,196 19 11 £336,024 2 1 £336,024 2 1 .!■>;! ,-I.jh't I— . : DCj■ I'' ■ ■ — ■ v; '■»! > J. H. Jerram, General 1 Manager. 30th April, 1931. ~| , - C, B. Redward, Accoiitltant. 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,-jr-Q-f ,F. C. Campbell, Controller and Auditor-General.
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