H,— l7

NATIONAL PROVIDENT FUND. (1) Revenue Account for the Year ended 31st December, 1935. £ s. d. £ gt Amount of fund at beginning of year .. 4,037,792 14 9 Maternity claims (section 19) .. .. 4,554 0 0 Contributions .. .. .. .. 233,177 10 0 Maternity claims (approved friendly societies) 27,'844 0 0 Interest'.. .. .. .. .. 168,039 2 6 Refund of contributions on lapse, reduction, Fines .. .. .. .. .. 374 10 11 and withdrawal (sections 11, 12, and 13) .. 57,898 4 0 Government contribution under Act .. 58,303 3 4 Refund of contributions in lieu of pension Refund of maternity claims by the State .. 27,844 0 0 (section 14) .. .. .. .. 4 549 17 4 Contributions overpaid on exit .. .. 54 14 0 Incapacity allowances (sections 17 and 18), Benefits refunded on exit .. .. .. 15,105 5 5 including contributions waived on incapacity Miscellaneous receipts .'. .. .. 0 5 6 £1,251 Os. 4d.) .. .. .. .. 7,839 15 11 Death : Refund of contributions (sections 15 (5) and 16) .. .. .. .. 26,750 8 2 Death : Allowances on account of widows and children (section 15) .. .. .. 12,349 3 3 Retirement: Allowances (sections 13 and 48) 51,757 11 3 Refund of contributions overpaid on exit . . 54 14 0 * Expenses— Salaries .. .. .. .. 2 010 0 11 Commission, allowances, and agency expenses 651 7 2 Postages .. .. .. .. 40 17 6 Printing and stationery .. .. .. 43 3 8 Rent .. .. .. .. .. 161 8 10 Government Actuary .. .. .. 152 10 1 Public Trustee : Charges .. .. 2,794 0 0 Travelling allowances and expenses .. 25 18 8 General expenses .. .. .. 59 6 7 Legal expenses .. .. .. .. 95 8 10 Amount of fund at end of year .. .. 4,341,059 10 3 £4,540,691 6 5 j £4,540,691 6 5 Balance-sheet as at 31st December, 1935. Liabilities. £ s. d. Assets. £ s d Fund as per Revenue Account .. .. 4,341,059 10 3 In hands of Public TrusteeClaims due and in course of payment*— Invested .. .. .. 4 046 529 12 3 Maternity .. .. .. .. 1,514 16 6 Uninvested ~ .. .. .. 202'430 7 6 Death (section 16) .. .. .. 921 18 7 Post Office .. .. .. .. '402 18 5 Death (section 15 (5) ) .. .. .. 494 411 Balances in transit .. .. .. 9 128 10 5 Death: Allowances (section 15) .. .. 363 2 5 Contributions outstanding or in course of Allowances (sections 13 and 48) .. .. 1,714 311 transmission*— Allowances (section 17) .. .. .. 239 8 9 (a) Contributions due but not overdue .. 9 296 13 2 Refunds (section 14) .. .. .. 349 14 5 (6) Contributions overdue .. .. 2,174 6 4 Public Trustee: Charges* .. .. .. 1,567 18 7 Government subsidy due under Act* .. 58'303 3 4 Refunds in suspense .. .. .. 40,621 7 11 Refund due in respect of maternity claims* .. 1 066 0 0 Suspense Account .. .. .. 211 5 7 Fines due* .. .. .. .. ' 138 3 4 Contributions prepaid .. .. .. 8,817 7 9 Interest due* .. .. .. .. 21,613 7 7 Interest accured but not due* .. .. 46,791 17 3 £4,397,874 19 7 £4,397,874 19 7 * Included in Ke venue Account. C. Gostelow, F.1.A., Superintendent. R. M. Porteous, Wellington, Ist July, 1936. Accountant. 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.— J. H. Fowler, Deputy Controller and Auditor-General.

2