B.—l [Pt. IV]

PUBLIC SERVICE SUPERANNUATION FUND. Revenue Account for the Year ended 31st March, 1935. Dr £ s * ® r ' p A 4? rl To Amount of fund at beginning of year .. 2,899,564 56 «7 Retmng-allowances- u9 % 5 % % M XdOT%eotira\tMinMy) •• 238,622 510 To widows and children 39 ' 400 17 3 4gg 836 5 3 Transferred from other superannuation funds .. ■■ 221 13 3 Contributions returned— Interest on arrears of contributions .. 185 9 3 Under section 37 (left g 4 "WraSfSW 42 (death)' 1= . Service Superannua- £ s. d. Under section 34 (retiretion Act, 1927 .. 86,000 0 0 ment) .. •• 7U '' 40j065 2 x Under section 17, Fi- Contributions transferred to other super?9T(add ionS) ■ 5.000 0 0 animation funds (sectionl2o) ... •• 356 5 8 Under section 19, Fi- Intersection 38 Public Service Supera i /tvt„ q\ animation Act, .. .. •• IZ,± 40 981 12 6 Loss on realization of securities .. .. 6,516 15 0 Under section 114, Public ' Unclaimed moneys recovered •• •• - Service Superannua- Ejgsenses ■ • •• • • tion Act, 1927 (widows Salaries .. .. 2,383 .7 11 and children) .. 17,229 9 6 Audit fees 60 0 0 • 149,211 2 0 Contingencies .. •• - u Interest on investments, Legal charges .. •• 188 18 6 £129,761 Bs. 9d. ; less Post and Telegraph Deamounts written off by a wf L m iV Court orders, Mortgagors Public Tius e - , and Tenants Relief Act, nT S j° n if " " '79 16 0 1933, £6,848 4s. 9d. .. 122,913 4 0 Medical fees .. 79 lb 0 Reimbursement by Trea- g '' 23 2 0 sury on account reduction Travellmg-expen .. 144 n 0 of interest* .. .. 30,420 0 0 q and stationery 140 13 10 Subsidy, Cook Islands and Samoa .. 555 4 0 Postages, telegrams, and Premium on conversion local-body deben- j services .. • • L™ . .. 18,681 3 1 Typewriters and other Fines, fees, and sundries .. .. 356 14; machines (upkeep) .. Jl4 4 Stipendiary Magistrates' Account: Admims- MesSer service' " 40 7 1 tration expenses recovered .. .. PuSe and fittings .. 21 16 9 ? 4 , g 16 4 Balance as at 31st March, 1935 .. .. 2,917,'451 12 2 £3,460,779 0 1 £3,460,779 1 * Payment by Treasury of amount of statutory reduction of interest on mortgage securities (National Expenditure lIIX debentures (section 5, Local Authorities Interest Reduction and Loans Conversion Act, 1932-38), £0,975 . total, £30,420. Balance-sheet as at 31st March, 1935. T . J.-]-*-- I Assets. £ s. d. q nafirm Fund Ac I Amount invested by the Board .. •• 2,699,384 011 Superannuation Fund Ac- d £ d _ Contributions of me ' mberS - £ s . d. Balance due from Revenue In course of transmission ..12,579 15 1 Account .. ..2,917,451 12 2 Due and outstanding .. 1,377 13 3 g Add value of office furniture, . fittings, and machinery .. 333 14 8 ..47,173 11 9 9 917 785 6 10 Accrued but not due .. 30,472 1 9 Z,911, ISO oiu 77,645 13 6 Less amount due to con- . tributors under the pro- Cook Islands and Samoa .. 23 17 9 SSSLf Txnenditure Section 114, Public Service Adjustment Act, 1932 71,624 19 4 ? g Superannuation Act, 1927 173 18 5 mlg g Retiring and other allowances 2 ' 846 ' 160 ? ( (^^ fu^ nßfarable 3119 8 To^Xr e ° fPayment r 2,941 10 3 Rates, fees, premiums paid on account niortTo widows and children .. 360 19 5 gagors (recoverable) .. •• •• K lowidowsanacnnure g g offioe furniture) an d machinery . . 333 14 8 Refunds of contributions due in , Sundry debtors (Rarotongan Administration) 275 17 4 course of payment f I i 373 11 9 Under section 37 (left ser- , Cash in hand, Public Trustee "i+62'251 4 5 vice) .. • • ■ • 384 1 5 1.1 g24 ]@ 2 Under section 42 (death) .. 520 3 \ 904 „ 0 C ash in bank 130',377 17 5 Expenses due in course of pay- Assets in Suspense ment— Heating and lighting 1 0 10 Printing and stationery 15 12 0 Post and Telegraph Depart- ; ment charges .. • • 233 6 0 Postages and services .. 30 5 0 310 Contributions paid in advance or in. error 198 5 0 Public Trustee's charges on accrued interest .. 2,511 4 0 Balance Government subsidy* 64,500 0 0 Amount due to contributors under the provisions of section 9 (2), National Expenditure Adjustment Act, 1932 7i,624 19 4 Writing off, Suspense Account .. •• qm i « q Post Office Account •• ' «q ,» q Unclaimed Account (contributions, &c.) ib y £2,997,584 9 3 £2,997,584 9 3 ♦The Government subsidy is paid in January of each year : owing to the change in the date of the financial year, to show the true position of the fund it is necessary to state this item as a liability. t On deposit at call. 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 .-J. H. Fowler, Deputy Controller and Auditor-General.

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