APPENDIX 38.
OCCUPATIONAL INJURIES FUND
I.—Current Account
An Account of Receipts and Payments in the year ended 31 March 1970
Receipts |
Payments |
PART I |
|
£ |
|
£ |
£ |
Contributions from Employers |
.. |
.. |
.. |
.. |
.. |
2,833,689 |
Benefit: |
|
|
Injury Benefit |
.. |
.. |
.. |
.. |
.. |
517,659 |
|
|
|
Disablement Benefit |
.. |
.. |
.. |
.. |
196,929 |
|
|
|
Death Benefit |
.. |
.. |
.. |
.. |
.. |
16,295 |
|
|
|
Supplements to Workmen’s Compensation |
.. |
8,099 |
|
|
|
Repayments to Social Insurance Fund for Disability Benefit: |
|
|
|
(i) paid in addition to Disablement |
|
|
|
|
Benefit |
.. |
.. |
.. |
.. |
160,041 |
|
|
|
|
(ii) paid to Workmen’s Compensation |
|
|
|
|
recipients |
.. |
.. |
.. |
143,920 |
|
|
|
|
|
|
303,961 |
|
|
|
Medical Care |
.. |
.. |
.. |
.. |
|
7,840 |
|
|
|
|
|
|
1,050,783 |
|
|
Administration Expenses |
.. |
.. |
|
|
162,116 |
|
|
Excess of Receipts over Payments carried down to |
|
|
|
|
Part II |
.. |
.. |
.. |
.. |
.. |
.. |
|
1,620,790 |
|
£2,833,689 |
|
|
£2,833,689 |
|
|
|
|
|
PART II |
Balance of Current Account at 31 March 1969 |
.. |
.. |
.. |
67,163 |
Amount transferred to Investment Account |
.. |
.. |
.. |
1,674,000 |
Excess of Receipts over Payments as above |
.. |
.. |
.. |
1,620,790 |
Current Account Balance at 31 March 1970 (see Statement III (a) |
13,953 |
|
£1,687,953 |
|
£1,687,953 |
|
|
|
|
|
An Roinn Leasa Shóisialaigh. |
L. Ó hUANACHÁIN, |
17 Bealtaine, 1971 |
Rúnaí |
OCCUPATIONAL INJURIES FUND
II.—Investment Account
An Account of the Receipts and Payments in the year ended 31 March 1970
Receipts |
Payments |
|
£ |
|
£ |
Balance at 1 April, 1969 |
.. |
.. |
.. |
.. |
.. |
3,430,044 |
Cost of investments held at 31 March 1969 |
.. |
.. |
.. |
3,424,970 |
Amount paid over by Minister for Social Welfare (Section 37 of |
|
Cost of investments acquired |
.. |
.. |
.. |
.. |
.. |
1,910,000 |
Act 16 of 1966) |
.. |
.. |
.. |
.. |
.. |
.. |
.. |
1,674,000 |
|
|
|
|
Balance at 31 March 1970 (as detailed below) |
.. |
.. |
.. |
5,346,686 |
Interest on Investments |
.. |
.. |
.. |
.. |
.. |
.. |
242,642 |
|
|
Cost of investments held at 31 March 1970 |
.. |
.. |
.. |
5,334,970 |
|
|
|
£10,681,656 |
|
£10,681,656 |
|
|
|
|
|
|
Details of Balance |
|
|
£2,650,000 Ways and Means Advances to the Exchequer |
.. |
2,650,000 |
|
|
£750,000 7% National Loan 1987/92 |
.. |
.. |
.. |
.. |
735,000 |
|
|
£2,000,000 7½% Development Stock 1988/93 |
.. |
.. |
.. |
1,949,970 |
|
|
Cash with Paymaster General |
.. |
.. |
.. |
.. |
.. |
11,716 |
|
|
|
£5,346,686 |
|
|
|
|
Department of Finance, |
C. H. MURRAY |
26 Meitheamh 1970 |
Secretary |
OCCUPATIONAL INJURIES FUND
III—Statement of Balances at 31st March, 1970
(a) |
CURRENT ACCOUNT |
£ |
£ |
|
Cash at Bank |
.. |
.. |
.. |
.. |
.. |
|
77,372 |
|
less Agency Accounts |
.. |
.. |
.. |
.. |
|
63,419 |
|
|
|
13,953 |
(b) |
INVESTMENT ACCOUNT |
|
|
|
Securities at cost as listed |
.. |
.. |
.. |
.. |
5,334,970 |
|
|
(Market value at 31st March, 1969 £5,162,188) |
|
|
|
Cash |
.. |
.. |
.. |
.. |
.. |
.. |
.. |
11,716 |
|
|
|
|
5,346,686 |
|
Amount of Occupational Injuries Fund |
.. |
.. |
|
5,360,639 |
|
|
.. |
.. |
|
|
L. Ó hUANACHÁIN,
An Roinn Leasa Shóisialaigh,
17 Bealtaine, 1971.
REPORT OF THE COMPTROLLER AND AUDITOR GENERAL
I have examined the Accounts of the Occupational Injuries Fund for the year ended 31st March, 1970 in accordance with section 37 (7) of the Social Welfare
(Occupational Injuries) Act, 1966. I have obtained all the information and explanations that I have required and I certify as the result of my audit that in my opinion these accounts are correct.
|
E. F. SUTTLE |
Ard-Reachtaire Cuntas agus Ciste |
4 Deireadh Fomhair, 1971 |
|
