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Revenue Account of the Government Life Insubancb Depabtment for the Year ended 31st December, 1900. £ s. d. . £ s. d. Amount of funds at Ist January, 1900 2,997,681 0 4 Death claims under policies, Assurance, Renewal premiums — Assurance, An- including bonus additions .. .. 92,675 4 0 nuity, and Endowment .. .. 261,457 12 6 Endowment Assurances matured, inNew premiums (including instalments eluding bonus additions .. .. 57,357 16 0 of first year's premiums falling due Endowments matured .. .. 1,185 13 10 in the year) .. .. .. 20,145 1 9 Premiums returned on endowments .. 90 7 10 Single premiums—Assurance and En- Bonuses surrendered for cash .. 10,496 12 2 dowment .. .. .. 494 10 1 Annuities .. .. .. .. 11,393 12 6 Consideration for Annuities .. .. 4,633 14 6 Surrenders.. .. .. .. 27,360 19 9 Interest .. .. .. .. 136,955 711 Loans released by surrender.. .. 19,432 9 S ■pees . 13 19 10 Commission, new ..£12,391 17 1 renewal .. 1,996 0 8 j . 14,387 17 9 Land-and income-tax .. .. 9,741 1 1 Expenses of management— Salaries— Head Office .. £11,076 10 8 Branch offices and agents .. .. 6,439 6 2 Extra clerical assistance 1,847 6 9 Medical fees and ex- ! penses .. .. 4,753 14 1 Travelling-expenses .. 1,134 10 7 Advertising .. .. 842 7 10 Printing and stationery 1,117 4 9 : Bent .. .. 2,183 0 0 Postage .. .. 1,824 14 9 Telegrams .. .. 417 17 9 Exchange .. .. 77 17 7 Office furniture depreciation .. .. 338 9 11 General expenses .. 2,222 3 4 Triennial expenses .. 2,700 5 7 Compensation for loss of office .. .. 327 9 6 37,302 19 3 Amount of funds, 31st December, 1900 3,139,956 13 6 £3,421,381 6 11 £3,421,381 6 11

Balance-sheet of the Government Life Insueance Department on 31st December, 1900. Liabilities. Assets. £ s. d. £ s. d. £ s. d. Total Assurance, Annuity, and En- Loans on policies .. .. .. 579,493 19 5 dowment Funds (as per Revenue Government securities— Account) .. .. .. 3,139,956 13 6 Consolidated stock .. 625,900 0 0 Claims admitted, proofs not yet com- Treasury bills .. 60,000 0 0 pleted .. .. .. .. 12,625 0 5 Railway debentures Annuities .. .. .. .. 67 11 8 (guaranteed by GoCommission ~ .. .. 159 4 6 vernment) .. 40,000 0 0 Medical fees .. .. .. 506 19 8 Debentures issued Premium and other deposits.. .. 4,325 4 0 under "The Immi-Fire-insurance moneys in suspense .. 1,365 0 0 gration and Public Tontine Savings Funds ... .. 20,826 7 7 Works Act, 1870" 1,998 13 3 Investment Fluctuation Reserve .. 36,296 19 7 ■ 727,898 13 3 Municipal Corporation debentures .. 94,863 511 County securities .. .. .. 900 0 0 Haibour Board debentures .. ... 39,000 0 0 Town Board debentures .. .. 500 0 0 Landed and house property .. .. 122,686 19 4 Office furniture (Head Office and agencies) .. .. .. 2,798 8 11 Mortgages on property .. .. 1,488,758 17 2 Properties acquired by foreclosure .. 5,589 13 1 Overdue premiums on policies in force .. 4,611 16 3 Outstanding premiums due but not overdue.. 35,347 9 1 qq oca) 5 A w IS f *s *-J \J "J Overdue interest .. 653 5 6 Outstanding interest due but not overdue.. 5,108 17 9 Interest acorued but not due .. .. 38,451 16 11 44,214 0 2 Agents'balances .. .. ... 3,203 17 1 Sundry accounts owing .. .. 1,346 5 11 Cash in hand and on current account.. 64,915 15 4 £3,216,129 0 11 £3,216,129 0 11 Government Life Insurance Department, 15th February, 1901. J. H. Eichardson, Commissioner. W. B. Hudson, Audited and found correct. Secretary. J. K. Warburton, Controller and Auditor-General.