✨ Insurance Financial Statements
FEB. 4.]
THE NEW ZEALAND GAZETTE.
167
BALANCE-SHEET of the GOVERNMENT INSURANCE DEPARTMENT (Ordinary Branch) on 30th June, 1880.
LIABILITIES.
Total Assurance, Annuity, and Endowment
Funds (as per Revenue Account)
Claims announced, but not paid
Surrenders
Annuities unclaimed
Commission (new)
Medical fees
Rent and postage
Sundry accounts owing...
Premium deposits
£ s. d.
459,335 17 0
7,155 11 2
263 4 1
800 0 0
542 14 3
579 12 0
468 15 0
146 8 11
617 5 4
£469,909 7 9
ASSETS.
Loans on policies
Government securities
Railway debentures (guaranteed by Govern-
ment)
Municipal Corporation debentures
Office furniture (Head Office and Agencies)
Overdue premiums on policies
in force
Outstanding premiums due
in June, 1880
Interest outstanding
Interest accrued, not due
Agents' balances (since accounted for)
Cash on deposit
Cash on current account
£ s. d.
19,917 11 6
343,900 0 0
40,000 0 0
2,500 0 0
1,082 13 4
£6,040 7 0
8,705 6 1
14,745 13 1
405 19 6
5,081 19 1
5,487 18 7
749 16 3
37,000 0 0
4,525 15 0
41,525 15 0
£469,909 7 9
REVENUE ACCOUNT of the INDUSTRIAL BRANCH, 30th June, 1880.
LIABILITIES.
Amount of funds on 1st July, 1879
Renewal premiums
Interest
£ s. d.
764 17 8
211 1 10
36 5 0
£1,012 4 6
ASSETS.
Claims under policies
Surrenders (on transfers to Ordinary Branch)
Commission
Amount of funds on 30th June, 1880
£ s. d.
106 4 0
162 13 8
20 12 4
722 14 6
1,012 4 6
BALANCE-SHEET of the INDUSTRIAL BRANCH, 30th June, 1880.
LIABILITIES.
Total funds (as per Revenue Account)
Commission
£ s. d.
722 14 6
3 3 10
£725 18 4
ASSETS.
Agents' balances (since accounted for)
Cash on current account
£ s. d.
2 8 8
723 9 8
£725 18 4
Government Insurance Office, Wellington, 4th Sept., 1880.
Examined and found correct.
D. M. LUCKIE,
Commissioner.
C. T. BATKIN,
Assistant Controller and Auditor.
14th September, 1880.
Printed under the authority of the New Zealand Government, by GEORGE DIDSBURY, Government Printer, Wellington.
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✨ LLM interpretation of page content
💰
Balance Sheets and Revenue Accounts for Government Insurance Department (1880)
(continued from previous page)
💰 Finance & Revenue4 September 1880
Government Insurance, Balance Sheet, Revenue Account, Ordinary Branch, Industrial Branch, Financial Report
- D. M. Luckie, Commissioner
- C. T. Batkin, Assistant Controller and Auditor
NZ Gazette 1881, No 10