11

H.—B

FOURTH SCHEDULE.

CONSOLIDATED REVENUE ACCOUNT OF THE GOVERNMENT INSURANCE DEPARTMENT, Fob the Pebiod commencing Ist January, 1915, and ending 31st December, 1917. £ s. d. £ s. d. £ s. d. Amount of Funds on ist January, 1915 .. 5,033,883 19 o Death Claims under Policies, Renewal Premiums .. .. .. 1,050,081 6 0 Assurances, including Bonus New Premiums .. .. .. .. 79,468 15 9 Additions .. .. 721,565 5 o Single Premiums .. .. .. 4,804 8 10 Endowment Assurances maConsideration for Annuities granted .. 35,579 19 1 Hired, including Bonus AdInterest .. .. .. .. 774,482 i 2 ditions .. .. '.. 476,214 10 8 Endowments matured .. 10,322 13 o Premiums returned on Endowments .. .. .. 1,021 5 10 Bonuses surrendered for Cash 17,393 16 1 Annuities ... .. .. 56,421 11 7 Surrenders.. .. .. 49,186 16 4 Loans released by Surrender.. 107,093 3 5 1,439,219 1 11 Commission, New* .. .. 58,169 13 3 Renewal .. 8,41219 1 66,582 12 4 Land and Income Tax .. .. 49,013 2 7 . Expenses of Management— Salaries, Head Office .. 50,637 13 10 •„ Branch Offices and Agents.. .. 23,736 6 5 Extra Clerical Assistance .. 3,331 9 3 Medical Fees and Expenses 12,635 8 Travelling-expenses .. 1,685 5 z Advertising .. .. 1,556 4 2 Printing and Stationery .. 4,089 7 9 Rent .. .. .. 8,750 19 4 Postage and Telegrams .. 5,433 12 10 Exchange .. .. 179 14 o Office Furniture Depreciation 270 9 6 General Expenses .. 6,970 o 5 Triennial Expenses .. 3,136 9 7 Compensation .. .. 2,048 1 2 124,461 12 o Investment Reserve Fund .. .. 99,704 o 0 Amount of Funds on 31st December, 1917 .. .. .. .. 5,199,320 1 o 10 £6,978,300 9 10 * Including Agents' allowances VALUATION BALANCE-SHEET OF THE GOVERNMENT INSURANCE DEPARTMENT, As at 31st December, 1917, Dr. £ s. d. Cr. £ s. d. To Net value of Liabilities (as per Valuation By Accumulated Funds (as per Consolidated Summary) .. .. .. .. 4,982,608 o o Revenue Account) .. .. .. 5, 1 99,320 1 0 To Surplus .. .. .. .. 216,712 1 o £5,199,32° 1 ° £5,i99i320 1 o

£ s. d. £ s. d. £ s. d. Amount of Funas on ist January, 1915 .. 5,033,883 19 ° Death Claims unaer Policies, Renewal Premiums .. .. .. 1,050,081 6 0 Assurances, including Bonus New Premiums .. .. .. .. 79,468 15 9 Additions .. .. 721,565 5 o Single Premiums .. .. .. 4,804 8 10 Endowment Assurances maConsideration for Annuities granted .. 35.579 19 1 tured, including Bonus AdInterest .. .. .. .. 774,482 I 2 ditions .. .. '.. 476,214 10 8 Endowments matured .. 10,322 13 o Premiums returned on Endowments .. .. .. 1,021 5 10 Bonuses surrendered for Cash 17,393 16 1 Annuities ... .. .. 56,421 n 7 Surrenders.. .. .. 49,186 16 4 Loans released by Surrender.. 107,093 3 5 1,439,219 1 11 Commission, New* .. .. 58,169 13 3 Renewal .. 8,41219 1 66,582 12 4 Land and Income Tax .. .. 49,013 2 7 . Expenses of Management— Salaries, Head Office .. 50,637 13 10 •„ Branch Offices and Agents.. .. 23,736 6 5 Extra Clerical Assistance .. 3,331 9 3 Medical Fees and Expenses 12,635 J 8 8 Travelling-expenses .. 1,685 5 z Advertising .. .. 1,556 4 2 Printing and Stationery .. 4,089 7 9 Rent .. .. .. 8,750 19 4 Postage and Telegrams .. 5,433 12 10 Exchange .. .. 179 14 o Office Furniture Depreciation 270 9 6 General Expenses .. 6,970 o 5 Triennial Expenses .. 3,136 9 7 Compensation .. .. 2,048 1 2 124,461 12 o Investment Reserve Fund .. .. 99,704 o 0 Amount of Funds on 31st December, 1917 .. .. .. .. 5,199,320 1 o 10 £6,978,300 9 10 "-Including Agents' allowances VALUATION BALANCE-SHEET OF THE GOVEENMENT INSUBANOE DEPARTMENT, As at 31st December, 1917, Dr. £ s. d. Cr. £ s. d. To Net value of Liabilities (as per Valuation By Accumulated Funds (as per Consolidated Summary) .. .. .. .. 4,982,608 o o Revenue Account) .. .. .. 5,199,320 1 0 To Surplus .. .. .. .. 216,712 1 o £5,199,320 1 o £5|J99,320 1 o