An Account showing the Number and Amount of Sums received and paid, and the Number and Amount of Contracts granted by Her Majesty's Postmaster-General, under authority of the Act 27 & 28 Vict. c. 43, from the Commencement of Business on the 17th April, 1865, to the 31st December, 1865. together with the Number and Amount of Contracts in existence on the 31st December, 1865, and the Amount paid for Charges of Management.
(I.)
An Account showing the Number and Amount of Sums received and paid on Account of Government Annuity and Insurance Contracts from the Commencement of Business on the 17th April, 1865, to the 31st December, 1865.
| Receipts | Payments | |||||||
|---|---|---|---|---|---|---|---|---|
| No. | Amount | No. | Amount | |||||
| £ s d | £ s d | |||||||
| To Cash received for the purchase of Annuities, viz.:— | By Cash paid to the Commissioners for the Reduction of the National Debt for Investment on Account of Sums received for the purchase of Annuities. | 23,046 8 9 | ||||||
| No. | Amount £ s d | By Cash paid to Annuitants, viz.:— | ||||||
| For Immediate Annuities | 87 | 22,738 9 9 | £ s d | |||||
| For Deferred Annuities, Money not returnable | 27 | 845 7 10 | Cash paid | 423 13 4 | ||||
| Ditto, Money returnable | 40 | 497 7 6 | 154 | 24,081 5 1 | Warrants issued, but not cashed at date | 5 10 0 | 33 | 429 8 4 |
| To Cash received for Fees on Annuity Contracts | 139 14 0 | By Cash paid to the Commissioners for the Reduction of the National Debt for Investment on account of Premiums received on Contracts for Sums payable at Death | 984 0 0 | |||||
| To Cash received from the Commissioners for the Reduction of the National Debt for payment to Annuitants:— | By Balance remaining to be paid to the Commissioners for the Reduction of the National Debt on the 31st December, 1865, viz.:— | |||||||
Gross | £ s d 430 5 0 | On account of Annuity Contracts, including Fees | £ s d 1,174 10 4 | |||||
| Less Income Tax | 0 16 8 | 429 8 4 | ||||||
| To Cash received on account of Contracts for the payment of Sums at Death | 1,076 | 1,165 13 1 | On Account of Contracts for Sums payable at Death | 181 13 1 | 1,356 3 5 | |||
| £ | 25,816 8 6 | £ | 25,816 6 | |||||
(II.)
An Account showing the Number and Amount of Contracts entered into by Her Majesty's Postmaster-General from the Commencement of Business on the 17th April, 1865, to the 31st December, 1865, and the Number and Amount of Contracts in existence on the 31st December, 1865.
| Contracts. | |||||
|---|---|---|---|---|---|
| No. | Amount. | ||||
| Contracts for Annuities granted from the commencement of business on the 17th April, 1865, to the 31st of December, 1865, viz.:— | £ s. d. | ||||
| £ s. d. | |||||
| Immediate Annuities | 87 | 2,100 0 0 | |||
| Deferred Annuities, Money not returnable | 20 | 438 4 0 | |||
| Deferred Annuities, Money returnable | 25 | 511 10 0 | 132 | 3,049 14 0 | |
| Contracts for Sums payable at Death granted from thecommencement of business on the 17th April, 1865, tothe 31st December, 1865 | 547 | 40,649 2 4 | |||
| Contracts for Annuities in existence on the 31stDecember, 1865, viz.:— | |||||
| £ s. d. | |||||
| Immediate Annuities | 87 | 2,100 0 0 | |||
| Deferred Annuities, Money not returnable | 20 | 436 4 0 | |||
| Deferred Annuities, Money returnable | 25 | 511 10 0 | 132 | 3,049 14 0 | |
| Contracts for Sums payable at Death in existence on the 31st December, 1865 | 544 | 40,349 2 4 | |||
(III.)
An Account showing the Amount paid for the Charges of Management from the Commencement of Business on the 17th April, 1865 to the 31st December, 1865.