H.—B.

FOURTH SCHEDULE. CONSOLIDATED REVENUE ACCOUNT OP THE GOVERNMENT INSURANCE DEPARTMENT Fob the Period commencing Ist January, 1933, and ending 31st December, 1935. £ s - d - £ s - Amount of funds on ist January, 1933 8,744,548 13 10 Death claims under policies—assurance, Renewal premiums .. .. 1,762,775 8 3 including bonus additions . . .. 593,328 13 o New premiums .. .. .. 105,231 5 8 Endowment assurances matured, inSingle premiums .. .. .. 117,509 2 4 eluding bonus additions .. .. 894,219 7 o Consideration for annuities granted .. 125,874 1 7 Endowments matured .. .. 3°>3 8 3 0 0 / s. d. Premiums returned on endowments . . 383 o 4 Interest and rent .. 1,258,370 6 11 Bonuses surrendered for cash .. 39,475 13 3 Less land and in- Annuities .. .. .. .. 77,736 6 7 come tax, £68,658 Surrenders .. .. .. 164,11181 us. gd. : pro- Loans released by surrender . . .. 295,541 12 4 perty expenses, £ s. d. £4,152 os. od. ; Commission, new* .. 84,313 1 6 stamp duty on Commission, renewal .. 12,871 14 4 interest, £7,186 97,184 15 10 16s. 1 id. " .. 79,997 8 8 Contribution to Public Service Super- — 1,178,372 18 3 annuation Fund .. .. .. 2,213189 Addressograph installation .. .. 3>7 8 7 1 5 4 £ s. d. Expenses of management— Salaries .. .. 100,966 18 4 Extra clerical assistance .. .. 1,148 15 8 Payment to Treasury under Finance Act, 1931 (No. 2) .. 4,581 10 o Medical fees and expenses .. .. 4,604 12 4 Travelling-expenses 3,295 3 o Advertising . . 1,307 5 8 Printing and stationery 4,182 18 1 Rent . . .. 13,716 11 5 Postage and telegrams 4,851 18 7 Exchange . . .. 68 9 9 Audit fees . . 975 o o General expenses .. 13,692 11 11 153,391 14 9 Property depreciation .. .. 3,881 13 1 Transfer to Investment Fluctuation Reserve Account .. .. 100,000 o o Amount of funds, 31st December, 1935 9,578,672 11 7 £12,034,311 9 11 £12,034,311 9 11

* Including Agents' allowances.

VALUATION BALANCE-SHEET OF THE GOVERNMENT INSURANCE DEPARTMENT /4s at 31st December, 1935. Dr. £ ! Cr. £ To Net value of liabilities (as per valuation By Accumulated funds (as per Consolidated summary) .. .. .. .. 9,338,688 , Revenue Account) .. .. .. 9,57 5 . 673 Surplus .. .. ■■ •• 239,985 : £9,57 8 , 6 73

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