H.—B

3

Balance-sheet of the Government Life Insurance Department on 31st December, 1909. Liabilities. Assets. £ s. d. £ 8. d. £ s. d. "Total Assurance, Annuity, and En- Loans on policies .. .. 764,278 15 3 dowment Funds (as per Revenue Government securitiesAccount) .. .. .. 4,405,141 2 9 Consolidated stock .. 625,900 0 0 Claims admitted, proofs not yet com- Debentures issued pleted .. .. .. .. 21,830 16 6 under the District Annuities .. .. .. .. 212 17 1 Railways PurchasCommission .. .. .. 662 8 9 ing Act 1885 ExMedical fees .. .. .. 477 15 0 tension and AmendPremium and other deposits.. .. 6,985 10 4 ment Act, 1886 .. 40,000 0 0 Fire-insurance moneys in suspense .. 200 0 0 Debentures issued Sundry accounts owing .. .. 587 4 3 under the ImmiTontine Savings Fund No. 2 .. 16,356 2 9 gration and Public Investment Fluctuation Reserve .. 83,663 6 1 Works Act, 1870 .. 2,130 12 9 668,030 12 9 Municipal Corporation debentures .. 137,825 10 1 County securities .. .. .. 277 3 0 Harbour Board debentures .. .. 39,000 0 0 Town Board debentures .. .. 2,200 0 0 Landed and house property .. .. 132,549 4 2 Office furniture (Head Office and agencies) .. .. .. 1,622 15 9 Mortgages on property .. .. 2,620,594 13 7 Properties acquired by foreclosure .. Nil. Overdue premiums on policies in force .. £5,478 18 11 Outstanding premiums due but not overdue.. 38,118 18 9 43,597 17 8 Overdue interest .. £1,329 18 11 Outstanding interest due but not overdue.. 6,108 1 8 Interest accrued but not due .. .. 53,329 5 1 60,767 5 8 Agents'balances .. .. .. 3,647 8 10 Cash in hand and on current account.. 61,725 16 9 £4,536,117 3 6 £4,536,117 3 6 Government Life Insurance Department, 28th February, 1910. J. H. EICHARDSON, Commissioner. W. B. Hudson, Secretary. Audited and found correct. E9BERT J. Collins, Controller and Auditor-General.