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Revenue Account of the Accident Branch of the Goveenment Insueance Department for the Year ended 31st December, 1903. £ s. d. £ s. d. Amount of accident funds, Ist January, Claims .. .. .. .. 13,229 16 9 1903 .. .. .. 1,006 13 6 Interest payable .. .. .. 9 18 4 Premiums .. .. .. .. 24,380 17 5 Commission.. .. .. .. 3,364 0 6 Interest receivable .. .. .. 67 15 7 Land and Income Tax .. .. 15 15 0 Salaries .. .. .. .. 2,287 0 0 Expenses of management .. .. 783 13 11 Further appropriation to reserve for unearned premiums .. .. .. 4,510 0 0 Amount of accident funds, 31st Decern ber, 1903 .. .. .. .. 1,255 2 0 £25,455 6 6 £25,455 6 6 Balance-sheet of the Accident Beanch of the Government Insurance Department on 31st December, 1903. Liabilities. £ s. d. Assets. £ s. d. Accident funds ac per Revenue Account 1,255 2 0 Agents'balances .. .. .. 706 3 5 Claims admitted (proofs not yet com- Interest accrued but not due .. .. 25 16 7 pleted) .. .. .. .. 5,450 0 0 Cash in hand and on current account .. 18,744 0 7 Commission .. .. .. .. 206 15 6 Premium and other deposits .. .. 118 14 2 Sundry accounts owing .. .. 3,915 8 11 Reserve for unearned premiums .. 8,530 0 0 £19,476 0 7 £19,476 0 7 Government Insurance Department, 14th March, 1904. J. H. Richardson, Commissioner. W. B. Hudson, Secretary. Audited and found correct. J. K. Waeburton, Controller and Auditor-General. Approximate Cott of Paper.— Preparation not given ; printing (4,426 copies), £2 12s.

By Authority: John Mackay, Government Printer, Wellington.-1904. Price 3d.]