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Revbnue Account op the Accident Branch op the Government Insurance Department for the Year ended 31st December, 1919. a. d. £ s. d. Amount of Aooident Funds, Ist January, Claims .. .. .. .. 13,119 10 1 1919 .. .. .. .. 6,328 14 8 ! Commission .. .. .. .. 2,785 19 5 Premiums .. .. £25,414 8 8 Salaries .. .. .. .. 3,231 0 0 Less reinsurance pre- Expenses of management .. .. 1,040 3 2 miums .. .. 128 19 11 Further appropriation to Reserve for un25,285 89 I earnod premiums .. .. 1,64.3 0 0 Interest .. .. £5,753 10 1 Amount of Accident Funds, 31st DecernLess land and income ber, 1919 .. .. .. .. 13,886 18 10 tax .. .. 1,631 2 0 4,122 8 1 £35,736 11 6 £35,736 11 6 Balance-sheet op the Accident Branch of tub Government Insurance Department on 31st December, 1919. Liabilities. £ s . d. Assets. £ s . d. Accident Funds, as per Revenue Account 13,886 18 10 Debentures issued under authority of the Claims admitted (proofs not yet com- Finance Aot, 1915 .. .. .. 10,000 0 0 pleted) .. .. .. .. 8,500 0 0 i New Zealand Inscribed Stock — War Commission.. .. .. .. 316 94 J Loans .. .. .. .. 59,500 0 0 Premium and other deposits .. .. 51 3 2 ! Mortgages on property .. .. 54,670 0 0 Reserve for unearned premiums .. 11,377 0 0 , Outstanding interest due but Investment Fluctuation Reserve .. 3,000 0 0| not overdue .. .. 148 10 0 Reserve Fund constituted under sec- ; Interest accrued but not due 1,107 5 11 tion 20 of the Government Aooident 1,255 15 11 Insurance Act, 1908 .. .. 91,808 411 Agents'balances .. .. .. 503 17 1 Sundry accounts owing .. .. 247 18 2 Cash in hand and on current account .. 2,762 5 1 I £128,939 16 3 £128,939 16 3 Government Insurance Department, 28th May, 1920. J. H. Richardson, Commissioner. Geo. W. Baelteop, Secretary. Audited and found correct. Robert J. Collins, Controller and Auditor-General.

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Price 3d.]