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Revenue Account op the Accident Branch op the Government Insurance Department por the Year ended 31st December, 1921. £ s. d. I £ a. d. Amount of Accident Funds, let January, Claims .. .. .. 10,786 2 S 1921 .. .. .. .". 23,21115 0 I Commission .. .. .. 4.256 311 Premiums .. .. £30,287 18 10 Salaries .. .. .. .. 4,065 0 0 Less reinsurance pre- Bxpensos of management .. .. 1,506 8 11 miums .. .. 355 15 3 Further appropriation to Reserve for un35,932 8 7 earnod premiums .. .. 2,718 0 0 Interest ~ .. £6,794 2 7 Further transfer to Reserve Fund (section Less land and income 20, Government Accident Insurance tax .. .. 1,020 0 0 Act) .. .. .. .. 23,211 15 0 5,774 2 7 Marryatt Defalcation Account .. 902 3 1 Amount of Aocident Funds, 31st December, 1921 .. .. .. .. 11,472 7 7 £64,918 1 2 £64,918 1 2 Balance-sheet op the Acoidunt Branch of the Government Insurance Department on 31st December, 1921. Liabilities, £ Si (j_ Assets. £ gl d. Accident Funds, as per Revenue Account 11,472 7 7 Debentures issued under authority of the Claims admitt.ed (proofs not yet oom- Finance Act, 1915 .. .. .. 10,000 0 0 Dieted) .. .. .. .. 9.000 0 0 New Zealand Inscribed Stock — War Commission.. .. .. .. 345 210 Loans .. .. .. .. 97,500 0 0 Premium und other deposits .. .. 80 2 9 j Mortgages on property .. .. 41,820 0 0 Sundry creditors .. .. .. 1,985 04 | Overdue interest.. .. £46 15 0 Officers'Fidelity Fund .. .. 200 0 0 | Outstanding interest due but Reserve for unearned premiums .. 16,151 0 0| not overdue .. .. 146 15 11 Investment Fluctuation Roserve . .. 3,000 0 0 Interest accrued but not due 1,362 18 5 Reserve Fund constituted under sec- 1,556 1 i tion 20 of the Government Accident Agents'balances .. .. .. 147 3 6 Insurance Act, 1908 .. .. 115,019 19 11 Cash in hand and on current account .. 6,230 5 7 £157,253 13 5 £157,253 13 a — .). H. Richardson, Commissioner. Geo. W. Barltrop, Secretary. Government Insurance Department, 6th April, 1922. The Audit Office, having examined the Revenue Account and Balance-sheet, and compared them with the relative books, documents, and securities, hereby certifies them to be in accordance therewith. G. F. C. Campbell, Controller and Auditor-General.

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