TWENTY-FOURTH REPORT BY THE DIRECTORS OF THE NATIONAL BANK OF INDIA, LIMITED.
Account as at 30th June last, duly audited.
The Directors submit to the Shareholders herewith an Interim Statement and Profit and Loss Account.
The Net Profits for the half-year, after making provision for bad and doubtful debts, amount to £19,788 6 0.
Which with the balance brought forward £4,278 9 0 makes a total of £24,066 15 5.
This sum the Directors have dealt with as follows:-
£11,631 5 0 in payment of an ad interim Dividend at the rate of 5 per cent. per annum, free of income-tax.
Carrying forward £12,435 10 5.
The Directors have pleasure in stating that the business of the Bank continues to be satisfactory.
NATIONAL BANK OF INDIA, LIMITED,
LONDON, 23rd September, 1879.
By order of the Board,
ROB CAMPBELL, R. O. SAWERS,
Joint General Managers.
INTERIM STATEMENT FOR THE HALF-YEAR ENDED 30TH JUNE, 1879.
GENERAL BALANCE.
LIABILITIES £ s. d. ASSETS £ s. d. To Capital, consisting of 37,320 Shares of £25 each, with £19. 10s. paid up... 465,250 0 0 By Cash on hand and at Bankers 188,553 11 1 Less 100 Shares of £25 each, originally subscribed for, but not taken up... 1,200 0 0 By Bullion 203,002 11 2 To Reserve Fund 20,000 0 0 By Government Securities 566,665 12 3 To Amount due on Current and Fixed Deposit and other Accounts 1,854,958 19 7 By House Property, Furniture, and Stamps 50,499 15 5 To Bills Payable 1,261,731 5 6 By Bills of Exchange 958,221 14 6 To Profit and Loss Account, as under 24,066 15 5 By Loans on Government and other Securities 2,267,907 1 6 By ... 369,353 9 1 £3,625,987 0 0 £3,625,087 0 0PROFIT AND LOSS ACCOUNT, FOR THE HALF-YEAR ENDED 30TH JUNE, 1879.
Dr. £ s. d. Cr. £ s. d. To Dividend at the rate of 4 per cent. per annum for the half-year ended 31st December, 1878 9,305 0 0 By Balance 4,278 9 0 To Balance 24,066 15 5 By Net Profits for the Half-year ended 30th June, 1879, after defraying all Current Charges, Rebates, and Interest paid and due to Constituents on Current and Fixed Deposit Accounts 19,788 6 0 £33,371 15 5 £33,371 15 5We have compared the above Balance Sheet with the Books and Vouchers kept in London, and the Certified Returns from the Branches, and find the same in accordance therewith.
LONDON, 23rd September, 1879.
C. N. COOKE,
FRANCIS COOPER (Cooper Brothers & Co.);
Auditors.
R. O. SAWERS,
ROB CAMPBELL,
Joint General Managers.
R. H. BANNISTER,
Sub-Manager & Accountant.
R. P. HARRISON,
JOHN BORRADAILE,
R. O. CAMPBELL,
Directors.
at all points.
TWENTY-FOURTH REPORT BY THE
OF THE
DIRECTORS
NATIONAL BANK OF INDIA,
LIMITED.
Account as at 30th June last, duly audited.
The Directors submit to the Shareholders herewith an Interim Statement and Profit and Loss
doubtful debts, amount to...
Which with the balance brought forward The Net Profits for the half-year, after making provision for bad and
...
...
...
...
4,278 9 0 £19,788 6 0
Makes a total of
...
...
...
£24,066 15 5
This sum the Directors have dealt with
Carrying forward
follows:-
aurum, free of income-tax ... lu payment of an ad interim Dividend at the rate of 5 per cent. per
...
***
***
...
...
***
· - -
The Directors have pleasure in stating that the business of the Bank continues to be satisfactory
NATIONAL BANK OF INDIA, LIMITED,
LONDON, 23rd September, 1879.
...
12,435 10 5 £11,631 5 0
£24,066 15 5
By order of the Board,
ROB CAMPBELL. R. O. SAWERS,
Managere.
Joint Generat
LIMITE D,
£3,625,087 00
ASSETS.
Cr.
*
5. d.
£ $.
15.
188,553 11 1 203,002 11 2
566,665 12 3
By Cash on hand and at Bankers By Bullion
By Government Securities
By House Property, Furniture, and Stamps By Bills of Exchange
By Loans on Government and other Securities
958,221 14 G
50,499 15 5
2,267,907 1 G 369,353 9 1
114
NATIONAL
BANK
OF
INDIA,
Interim Statement for the Half-year ended 30th June, 1879.
GENERAL BALANCE.
s. th
13,563 9 5
19,788 6 0
£33,371 15 5
C. N. COOKE,
FRANCIS COOPER (Cooper Brothers & Co.);
}
Auditors.
1879.
April 21.
PROFIT AND LOSS ACCOUNT,
For the Half-year ended 30th June, 1879.
To Dividend at the rate of 4 per cent. per anuum for the half-year ended 31st Decomber, 1878
Jane 30.
To Balance
£ s. d.
9,305 0 0
24,066 15 5
1878.
Dec. 31. By Balance
1879. June 30. By Net Profits for the Half-year ended 30th June, 1879, after defraying all Current Charges, Rebates, and Interest paid and due to Constituents on Current and Fixed Deposit Accounts
Dr.
LIABILITIES.
To Capital, consisting of
£
8. 11.
£
8. d.
37,320 Shares of £25 each, with £19. 10s. paid up...
***
466,500 0
0
Less 100 Shares of £25 each, origi pally subscribed for, but not taken up...
1,200 0 0
To Reserve Fund
To Amount dus on Current and Fixed Deposit and other Accounts
To Bills Payable
To Profit and Loss Account, as under
465,250 0 0 20,000 0 0
1,854,958 19 7
1,261,731 5 6 24,060 15 5
£3,625,987 0
R. O. SAWERS,
£33,371 15
Joint General
ROBI CAMPBELL, Managers.
R. II. BANNISTER, Sub-Manager & Accountt.
Q
R. O. CAMPBELL,
JOHN BORRADAÍLE,
Directors.
R. P. HARRISON,
We have compared the above Balance Sheet with the Books and Vouchers kept in London, and the Certified Returns from the Branches, and find the sane in accordance therewith.
LONDON, 23rd September, 1879.
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