309 



THE COLONIAL BANK OF AUSTRALASIA LIMITED. 



THE THIETY-BIGHTH RKPORT OP THE DIRECJTORS 

 Of 

 THE COLONIAL BANK OF ADSTR.U.ASIA 1>IMITED. 



To be Presented lo the Shareholders at the Thirty-Eich:h Ordiiuu-y General MEETING, 

 126 Elizabetli-street, at noon oa IHiesday. 30th April, 1912. 



to be held at tlie Bank, 



REPORT. 



The Directors beg to submit lo the Shareh<ilder3 their Tbirly-eiehth Report, with a Balance Sheet 

 and Statement of Profit and Ixjss for the Half Vcar ended 31st March, 1912. <luly audited. 



.\fter providing for Expenses of Management, Interest Accrued on Deposits, Rebate on Bills Currenrt, 

 Tax on Note Circulation. Income Tax, Land Taxes, and making provision for Bad and Doubtful l)er)i8, the 

 met profit amounted to £28,863 8 8 



Brought forward from 30tb September, 1911 1,220 19 



Which the Directors propose to apportion as followB. \iz. : — 

 Diviilerid at. the r.ile of 7 per cent, per annum on Prefei'cnce .Shares 

 Dividend at the rate of 7 per cent, per annum on Ordinary .Shares 



To Reserve Fund (making it £180,000) 



To Officers. Provident Fuiul 



Balance carried forward '■- 



Dr. 



£30,084 7 8 

 The Dividend will be payable at the Head Office o i and aftir the 1st i!ay, and at the Branches on 

 reteipt of advice. 



The thirty-eiKhth Ordinary General Meeting of Shareholders will be held at the Head Office of the 

 Company. 126 Elizabeth-street. Melbourne, on Tuesday, the 30tb day of April, 1912, at noon. 



By Order of the Board, 



Bli.iaj)[' PAXTON, 

 Melbourne, 16th .Vpril, 1912. General Manager. 



BALANCE SHEET OF THE COLONIAL BANK OP AUSTRALASIA LIMITED. 



For the Half Year Ending 31st March, 1912. 



(INOLCDING LONDON OFFICE TO 291h FEBRUARY, 1912. 



Or. 



To Capital Paid Up. viz: — 



31.184 Preference Shares 



paid in cash to £9 15/- 



per Share £304.044 



77.278 Ordinary Shares 



paid in cash to £1 



15/- per Share 135.236 10 



By 



Reserve Fund 

 Profit and I/>«s 



£439,280 10 



180,000 



20,084 7 



Notes in Circulation 



Bills in Circulation 



Balances Ihie to other Banks 

 Government Deposits — 

 Not l>earing interest, 

 £80,375 16s. 5d.; be;iring 

 inU-rest, £444,674 Os. 6d. £525.049 16 11 

 Other Defjosits — i{«bate and 

 Interest accrued^ 

 Not bearing interest, 

 £1,641,005 29. 5d.; iMjar- 

 ing interest, £1,991,619 

 3». 8d 3,632,624 6 1 



£639.364 17 8 



27,758 



415.896 16 3 



633 10 11 



Coin. Bullion, Australian 

 Notes and Cash at 

 Bankers, £752,927 5s. lOd.; 

 Money at Call and Short 

 Notice in I/ondon, 

 £175.000 £927,927 5 10 



British Consols. £70,668 156. 

 2d. at £77 per cent., 

 £54.414 18s. 9d.: Victoria 

 Oovernmeiit Stock. Metro- 

 politan Board of Works, 

 and .Municipal Deben- 

 tures. £80.351 48. 3d. 134.766 3 



Bills and Remittances in 

 transitu and in Lon- 

 d .11 752.547 4 



Notes and Bills of other- 

 Banks 3.268 



Bilancea due from other 



Banks 19,705 17 9 



S'.amps 1,518 5 4 



- 4,157,674 3 



Real Estate, consisting of — 



Bank Premises 



Other Real Estjite 



Hills Discounted and Other .Xdvances. 



cxi'lHsive of provision for Bad or 



-£1,839,732 15 11 



201,767 15 

 8,847 10 



niubtful Debts 



3.190.979 6 10 



£5.241,327 7 10 



i'>iiilnKent LiabilitlM. 

 per contra 



£218.809 13 6 



Liabilities of Customers 

 atid others in respect of 

 CoiitinEent Uabilities. as 

 per t>>ntra 



£5.241.327 7 10 



218,809 13 6 



To Current 



rents. 



Note. Ini 



Transfer 



Balance 



expenHCfl 

 reiKiirn. sT 

 -onie and 

 to reserve 



iiK'liiding s 

 alloncry. etc.) 

 land taxes 

 fund 



I'liOFIT AND IX)88 

 •«. By 



ACCOUNT. 



Balance brought forw.ird 



Gross proHts for the half-yeiir, after 

 allowing for interest. accrued on 

 deposits, rebate on bills current, and 

 making provision for ba<l and doubtful 

 debts . . 



£1,220 19 



66,765 11 6 

 £67,986 10 6 



To Balance 



NOTE.— The cusiomnry Auditor*' 

 appear on the ofllcial report 



RE8EIRVE FUND ACCOUNT. 



£180.000 I By Balance brought forward 



I 



Transfer from r»rof1t and b's- 



£170.000 

 10.000 



£180.000 



£180,000 I 

 Roport iifi'l *-'^' IHri'i'tiirii' Hiatpnieiit. t«i cjiniplv with the " C»>inpaiiies' Act' 



