B.—l [Pt. IV].

STATE FIRE INSURANCE (mnC&-contmued. Revenue Account of the Accident Branch of the State Fiee Insurance Office for the Year ended 31st December, 1930. £ .s. d. £ s. d. Premiums after deduction of reinsurances .. 104,934 17 4 Free-year bonus on personal accident policies .. 307 16 7 £ s. d. Claims .. '.. .. .. .. 61,040 15 3 Interest .. .. .. 14,860 18 6 Commission.. .. .. .. .. 4,896 18 5 Less land and income tax .. 4,036 16 1 Salaries .. .. .. .. 11,173 0 0 10,824 2 5 Contribution to Public Service Superannuation Fund .. .. .. .. .. 290 0 0 Expenses of management .. .. .. 2,761 10 9 Further appropriation to reserve for unearned premiums .. .. .. .. 10,611 11 11 Further appropriation to Investments Fluctuation Reserve .. .. .. .. .. 3,000 0 0 Loss on realization of securities .. .. 146 6 8 Amount of accident funds, 31st December, 1930.. 21,531 0 2 £115,758 19 9 £115,758 19 9 Balance-sheet of the Accident Branch of the State Fire Insurance Office as on the 31st December 1930. Liabilities. £ s. d. ; Assets. £ s. d. Accident funds, as per Revenue Account .. 21,531 0 2 j Government war-loan securities .. .. 100 500 0 0 Outstanding accident claims .. .. .. 27,871 15 7 Other Government securities .. .. 38' 000 0 0 Government taxes .. .. .. .. 4,036 16 1 Local-authority securities .. .. 93,307 510 Commission.. .. .. .. .. 488 8 8 Rural Advances bonds .. .. .. 14,425 0 0 Premium and other deposits .. .. .. 7115 7 Property under agreement for sale and purchase.. s'9Bo 0 0 Sundry creditors .. .. .. .. 106 12 3 j Fixed deposits and at short call .. . 35 000 0 0 Officers' Fidelity Fund .. .. .. 500 0 0 Interest accrued but not due .. .. .. 4,507 14 9 Reserve for unearned premiums .. .. 47,220 13 10 Agents'balances .. .. .. .. 4'407 11 4 Investment Fluctuation Reserve .. .. 9,000 0 0 Sundry debtors, including Motor-vehicles InsurReserve Fund constituted under section 6of the ance (Third-party Risks") Act pool .. .. 36,802 10 3 Government Accident Insurance Amendment Cash in hand on current account 5 093 19 11 Act, 1924.. .. .. .. .. 225,196 19 11 ! £336,024 2 1 j £336,024 2 1 J. H. Jerram, General Manager. C. B. Eedwabd, Accountant. I hereby certify that the Eevenue 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.—G. F. C. Campbell, Controller and Auditor-General.

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