B.—l [PT. TV, Sup.].

GOVERNMENT STORES MARINE INSURANCE FUND. (Established under Section 134 of the Public Revenues Act, 1926.) Revenue Account for the Year ended 31st March, 1928. Insurable Value Premiums of Imports. (5/- per Cent.). Dr. Cr. £ s. d. To Premiums paid by Departments— £ £ s. d. By Excess of claims over income, 31st March, 1927 756 8 0 Agriculture .. .. .. 2,417 60 10 Claims paid to Departments— £ s. d. Defence .. .. .. 34,495 86 4 9 Agriculture .. .. 256 5 0 Education .. .. .. 10,297 25 14 10 Defence .. .. .. 80 1 10 Health .. .. .. 10,545 26 7 3 Education .. 2 3 2 Internal Affairs .. .. 3,892 9 10 2 Health .. .. .. 2 5 0 Labour .. .. .. 108 0 5 5 Naval Defence .. .. 881 18 9 Lands and Survey .. .. 4,147 10 7 4 Post and Telegraph .. 2,415 19 1 Marine .. .. .. 1,563 3 18 2 Printing and Stationery .. 630 11 6 Mental Hospitals .. .. 16,613 41 10 8 Public Works .. .. 424 15 6 Mines .. .. .. 2,020 5 1 0 Railways .. .. .. 4,721 7 2 Police .. .. .. 112 0 5 7 Scientific and Industrial RePost and Telegraph .. .. 198,858 497 211 search .. .. .. 119 0 Printiug and Stationery .. 59,653 149 2 8 9,417 6 0 Prisons .. .. .. 1,842 4 12 1 Excess of income over claims .. .. 1,674 5 9 Public Works .. .. .. 335,260 838 3 0 Railways .. .. .. 965,507 2,413 15 4 Scientific and Industrial Research 2,328 5 16 5 Stamp Duties .. .. 3,930 9 16 6 State Forests .. .. .. 1,072 2 13 7 Tourist .. .. .. 325 0 16 3 1,654,984 4,137 4 9 Premiums due but not paid .. .. 1,460 2 4 Public Trust Office —Interest at Common Fund rate on balance at » credit .. .. .. .. 63 3 5 Treasury—Contributions in terms of section 134 (7), Public Revenues Act, 1926 .. .. .. .. 4,683 15 2 Refund of general average contribution, s.s. " Surrey" .. .. .. 471 6 1 Refund of claims paid for losses ex " Port Kembla " —goods now received .. .. .. .. 171 7 5 Claims due but not paid 31st March, 1927 .. .. .. 965 15 0 Less claims due but not paid, 31st March, 1928 .. .. 104 14 5 — 861 0 7 £11,847 19 9 £11,847 19 9 Balance-sheet as at 31st March, 1928. Liabilities. £ s. d. Assets. £ s. d. Claims due but not paid .. .. .. 104 14 5 Amount invested in the Common Fund of the Public Excess of income over claims .. .. .. 1,674 5 9 Trust Office (earning interest at 5} per cent.) .. 318 17 10 Sundry debtors (premiums due but not paid) .. 1,460 2 4 £1,779 0 2 £1,779 0 2 Note. —In the Revenue Account, premiums for the period Ist January, 1927, to 31st March, 1928, have been included, as up to 31st March, 1927, premiums had been paid in arrear. In future premiums for the financial year only will be included in the accounts. 24th August, 1928. A. D. Park, F.1.A.N.Z., Accountant to the Treasury. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the above departmental notes. —G. F. C. Camptielt,, Controller and Auditor-General.

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