THE COLONIAL BAN K OF AU STRALASIA LIMITED, j; 



The FORTIETH REPORT of the DIRECTORS of 

 THE OOliOXIAL BANK OP AUSTRAI/.VSIA LIMITED, 

 To be Presented to the Shareholdera at the Fortieth Ordinary General MEETING, to be held a.t, 

 the Bank, 126 Elizal)eth Street, at Noon on Tuesday, 29th April, 1913. 

 The Directors beg to submit to the Shareholders their Fortieth Report, with a Balance Sheet 

 and Statement of Profit and Loss for the Half Year ended 31st March, 1913, duly audited. 



After providing for Expenses of Management, Interest Accrued on Deposits, Rebate on Bills 

 Current, Tax on Note Circulation, Income Tax, Land Taxes, and making provision for Bad and 



Doubtful Debts, the net profit amounted to £29,002 4 8 



Brought forward from 30th September, 1912 6,266 18 3 



■Which the Directors propose to apportion as follows, viz. :— £35,269 2 11 



Dividend at the rate of 7 per cent, per annum on Preference Shares £10,641 10 9 



Dividend at the rate of 7 per cent, per annum on Ordinary Shares 4,733 5 6 



To Reserve Fund (making it £200,000) 10,000 



To Reduction of Bank Premises 5,000 



To Officers' Provident Fund 1,000 



Balan<e carried forward 3,894 6 3 



£35,269 2 11 

 The Dividend will be payable at the Head Office on and after 30th April, and at the Branches 

 on receipt of advice. 



The Fortieth Ordinary General Meeting of Shareholders will be held at the Head Office of the 

 0^>mpany, 126 Elizabeth Street. Melbourne, on Tuesday, the 29th day of April, 1913, at noon. 



By order of the Board, 8ELBY PAXTON. 



Melbourne, 18th April, 1913. General Manager. 



BALANCE S.HE1BT of THE OOiLONIAL 

 ■For the Half Year Endiiis 31st March. 1913. ( 



Dr. 

 To Capital Paid Up, 



VIZ. : — 



31,184 Preference 



Shares paid in 



cash to £9 15s. 



per share . . . . £304,044 

 77,278 Ordinary 



Shares paid in 



cash to £1 153. 



per share . .. 135,236 10 



Reserve Fund 

 Profit and Loss 



£439.280 10 



200.000 



20,269 2 





 



11 



Notes in Circulation 



Bills in Circulation 



Balances Dues to other Banks 



Government Deposits — 

 Not bearing in- 

 terest, £41,650 

 17s Id. ; bear- 

 ing interest, 

 £396,783 15s. Id. £438.434 12 



Other Deposits, Re- 

 bate and In- 

 ter ■^st accrued — 

 Not leariug in- 

 terest, £1,645,713 

 5s. 2d..; beai^ 

 i n g interest, 

 £2,007,904 13s. 

 4d 3,653.617 18 



£659.549 12 11 



22.054 

 311,197 





 19 



629 10 11 



BANK OF AUSTRALASIA LIMITED 

 Including London Office to 28th February, 1913-) 



Or. 



By Coin, Bullion, 

 A u s t r a 1 i an 

 Notes and Cash 

 at Bankers, 

 £919,915 r6s.6d.; 

 Money at Call 

 and Short No- 

 tice in London, 



£85,000 £1,004,915 16 6 



British Consols, 

 £70,668 15s. 2d., 

 at £74 per cent., 

 £52,294 17s. 7d. ; 

 Victoria Gov- 

 ernment Stock 

 and Debentures, 



3 Met ropolitan 



Boardof Works 

 and Municipal 

 D e b e n tures. 



£56,728 Os. 4d. 109,022 17 11 

 Bills and Remit- 

 tances in tran- 

 situ and in 



London 864,474 



Notes and Bills 



of other Banks 2,114 



Balances due from. 



other Banks .. 49,122 



Stamps 1,366 



. — 4,092,052 10 8 



£5,085,483 13 9 



14 



9 







9 

 7 



Contingent Liabili- 

 ties, as per Contra £168,510 



6 1 



Real Estate, cx>nsisting of — 



Bank Premises 



Other Real Estate 



Bills Discounter! and Other Ad- 

 vances, exclusive of provision 

 for Bad or Doubtful Debts 



-£2,031,015 18 5 



194,132 8 

 8,776 10 



Liabilities of Cus- 

 tomers a n d 

 others in respect 

 of Cjntingent 

 Liabilities, as 

 per Contra 



2,851,558 16 11 

 £5,085,483 13 9 



£168.510 6 1 



PROFIT 



TTTCurreut Expenses (including S'ala- 



ries Rents,, Stationery, etc. ,. £36,61/ 

 Note, Income and I^and Taxes.. 1,895 

 Transfer to Reserve Fund . 

 Transfer to Bank Premises 

 Balance 



10.000 



5,000 



20,269 



AND LOSS ACCOUNT, 



Bv Balance brought f<n-ward 



9 10 ' ^ Gross Profits for the Half Year, 

 13 after allowing for Interest Ac- 

 CTUcd on DeiM)sits. Rebate on 

 Bills Current, ami making pro- 

 2 11 I vision for Bad and DiHibtful 

 1 Debts 



£6.266 18 3 



£73,782 5 9 



67,515 7 6 

 £73.782 5 9 



To Balance 



RESERVE FUND ACCOUNT 



<^9nn nnn n > Bv Balance brought forward.. . 

 ±,zuu,uuu , ,p,..j„gf^, f,.oiu Profit and Loss. 



£190,000 

 10,000 



Note. — The customary Auditors _ 

 " Companies' Act " appear on the officia 



^00,000 _0.. o_ 

 ' Report and 



£200,000 



the 



Directors' Statement, to comply with the 



report. 



