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Balance-sheet op the State Fire Insurance Office on the 31st December, 1946 Liabilities Assets £ s. d. Capital authorized by the State Fire Insurance £ £ s. d. Government securities .. .. .. .. 914,262 12 0 Act, 1908 .. .. .. .. 100,000 Local-authority securities .. .. .. .. 190,473 19 5 Less not raised .. .. .. 100,000 Rural Advances bonds .. .. .. .. 14,175 0 0 Nil Fixed deposits and at short call .. .. .. 150,000 0 0 Bad Debts Reserve .. .. .. .. 1,500 0 0 Land and buildings .. .. .. .. 144,240 8 11 Reserve Fund .. .. .. .. .. 839,187 2 7 Outstanding premiums .. .. .. .. 18,144 16 7 Investments Fluctuation Reserve Fund .. .. 85,000 0 0 Interest accrued but not due .. .. .. 10,410 0 0 Reserve for unearned premiums .. .. .. 114,214 5 3 Rent accrued or due .. .. .. .. 10,493 11 4 Bonus Rebate Reserve .. .. .. .. 122,578 17 0 Cash in Reserve Bank of New Zealand Reinsurance Reserve Fund .. .. .. 140,000 0 0 at Wellington, or in transit to Wei- £ s. d. Premium and other deposits .. .. .. 1,973 14 4 lington .. .. .. 183,841 11 1 Outstanding fire and earthquake losses .. .. 7,282 0 0 Imprest Account balances: Head Government taxes .. .. .. .. 172,269 3 1 Office and branches .. .. 10,558 12 6 Sundry creditors .. .. .. 45,012 1 1 194,400 3 7 Other amounts owing by the Office— £ s. d. Reinsurance premiums due .. 34,473 2 8 Commission .. .. .. 7,121 0 0 Printing, stationery, and advertising 4 0 0 Postages and sundry charges .. 3,068 0 0 44,666 2 8 Fire-insurance funds, as per Revenue Account .. 72,917 5 10 £1,646,600 11 10 £1,646,600 11 10 ___ R. H. Newbold, General Manager. 31st May, 1947. T. L. Seator, Deputy General Manager. 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.— J. P. Rutherford, Controller and Auditor-General. 1 Approximate Cost of Paper.— Preparation, not given ; printing (2,003 copies), £B.

By Authority: E. V. Paul, Government Printer, Wellington.— 1947. Price 3tZ.]

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