June 2, 1906. 



The Review of Reviews. 



531 



THE COLONIAL BANK OF AUSTRALASIA Ltd. 



THE TWENTY-SIXTH REPORT OF THE DIRECTORS 



OF 

 THE COLONIAL BANK OF AUSTRALASIA LTD. 



To be presented to the Shareholders at the Tweuty sixth Ordinary General Meeting, to be lield at the Bank, 126 



Elizabeth-street, at noon on Thursday. 26th April, 1906. 



KEPOET. 

 Tlie Directors tie? to submit to the Sliareholders their Twenty-sixth Report, witlv a Balance-sheet and Statement 

 of Profit and Loss, for tlie Half-year ended 31st March, 1906, duly audited. 



After providing: for expenses of manasrement, interest accrued on deposits, rebate on bills current, tax on note 

 circulation, income tax, and making provision for bad and doubtful debts, the net profit amounted to — 



£19,405 2 U 

 Brought forward from oOtli September. 1905 5,772 11 2 



Which the Direct-ors propose to apportion as follows, viz.: — 

 Dividend at the rate of 5 per cent, per annum on preterence shares 

 Dividend at the rate of 5 per cent, per annum on ordiiiar.v shares 



To Reserve >\ind 



(making it £90,0001 

 Balance carried forward . 



£25.177 14 1 



. £7.601 2 



3,380 18 3 



. 10,000 



4.195 13 10 



£25.177 14 1 



During the half-year Branches of the Bank were Opened at Lake Bolac. Macarthur. Warburton and Werribee. 



The Dividend will be Payable at the Head Office on and after the 27th inst., and at the Branches on receipt of 

 advice. 



The Twentj-sixth Ordinary General Meeting of Shareholders will be held at the Head Office of the company. 126 

 Elizabeth-street, Melbourne, on Thursday, the 26th day ot .\pril, 19C6, at noon. 



By Order of the Board. 



Melbourne. 12th April. 1906 SEl-BY PAXTOy. General Manager. 



BALANCE-SHEET OF THE COLONIAL BANK OF AUSTRALASIA LTD. 

 Fop the HALF-YEAR ending 31st MARCH, 1906. 



LIABILITIES. 

 To Capital paid-up, viz. ; — 

 51,184 preference shares paid 



in cash to £9 15s £304.044 



77.278 ordinarj- shares paid 

 in cash to £1 153. 



To reserve fund 



To profit and loss 



To notes in circulation 



To bills in circulation 



To Government Deoosits— 

 Not bearing interest. £24,088 

 9s. 4d., bearing interest, 

 £367,091 13s. Id. 



To Other Deposits— Rebate and 



Interest Accrued — 



Not bearing interest, £996.304 



23. lid., bearing interest 



£1,367.540 23. 3d 



155.236 10 



£391,180 2 5 



2,363.844 5 2 



£439,280 10 



90,000 



15,177 14 



120,703 



274,518 12 



To contingent liabilities, as per contra 



2,755,024 7 

 66,976 19 



£3.761,681 



ASSETS. 

 By coin, bullion and cash at 



bankers £609.660 13 8 



Bv British Consols. £70,668 15s. 



2d. at £85 pev cent., £6D,C68 



8s. 9d. ; by Victoria Government 



stock and debentures. Metro- 

 politan Board of Works. 



Municipal and Savings Bank 



delientures. at valuation. 



£67,369 7s. 2d ' " ' 



By bills and remittances in 



transitu 



By notes of other banks 



By balances due from other 



i>anks 



By stamps 



B.v real estate, consisting of — 



Bank premises at cost to new bank 196.661 10 11 



Other real estate at valuation 54,059 2 5 



By bills discounted and other advances, 

 exclusive of provision for bad or doubtful 



debts 2,558,010 14 5 



By shares in other companies at valuation 270 16 3 



By chattel property at valuation ... 1.200 



By liabilities of customers and others in 

 respect of contingent liabilities, as per 

 contra 66.976 19 2 



£3,761,681 3 



PROFIT AND LOSS ACCOUNT, 



To current expenses lineluding salaries, rents 



repairs, stationery, etc.) £24.913 14 6 



To bank note tax . . 1,131 7 6 



To transfer to reserve fund . 10. COO 



To balance .. 15.177 14 1 



£51,222 16 1 



By balance brought forward £5,772 11 2 



By gross profits for the half-year, after allow- 

 ing -for interest accrued on deposits, rebate 

 on bills current, and making provision for 

 income tax and bad and doubtful debts ... 45.450 4 11 



£51.222 16 1 



NOTE. — The customary Audiiors Report ami the Directors StattMiient to couiply with the " (..'omponiea Act 1896," 

 appear on the official report. 



