3

H—6a

Revenue Account op the Accident Branch of the State Fire Insurance Office for the Year ended 31st December, 194? £s. d. _£S. d Premiums after deduction of reinsurances .. .. 420,028 7 11 Bonus and sums accrued under profit-sharing schemes .. 24,623 9 2 Interest (including interest on Reserve £ s. d. Claims .. .. .. .. .. ••• 292,303 15 10 Fund investments) .. .. 26,823 17 3 Commission .. .. .. .. .. 16,250 11 7 Less tax on interest— £ s. d. Salaries .. .. .. .. .. .. 49,857 14 0 Income-tax.. .. 7,185 14 2 Contribution to Public Service Superannuation Fund .. 341 6 0 Social security tax .. 1,081 18 5 Expenses of management .. .. .. .. 15,454 19 11 8,267 12 7 Further appropriation to Reserve for Unearned Premiums 27,813 10 0 18,556 4 8 Profit on realization of securities .. .. .. 1,002 1 5 426, 645 6 6 Appropriation to Reinsurance Reserve .. .. 10,000 0 0 Amount of Accident Funds, 31st December, 1947 .. 2,941 7 6 £439,586 14 0 £439,586 14 0