have audited the abo and beg to report to the such balance sheet is prop as to exhibit a true and correct v The Awlit in London has been ow as usual and certi ved by Messrs. Del Dever, Grifliths and Ca., Chartered ar has worked seat on the board on his depa Burope, and the vacancy sas filled by Me. Eh: er, wove nomination requires confirmation, Accorin the Articles of Asso lation, rf retires from the Board, eligible offers himself fur rev elec we been audited elf Notes in circulation Fixed deposits and accounts, Loans. payable Bills for colle countant.
I certify that all my requirements as auditor have been complied with.
R. Cuatrentos Wricox, Auditor. crat 283,502.45 Hongkong, 7th January, 1903, year ments (Bills rediscounted).
370,606.91 Balance of profit and loss ae CONE syce 145,103.95
Potal 34,681, 887.81
Assets. 8
Cash on hand and at dean 238.63 Government: securities belong. ing to the Bank Bills receivable, advances 315,759.03 loans Bills for cul Tecei and branch balances. Adjustments Furniture Prorit axv Loss Account, Bist December, 1902. ges, Directors' fees ud sala 103, Amount ty be pitched to reserve fund...),000.09 Dividend account, proposed payment of 31.96) per share on 40,453 sha (3/14, per share in London atexchangeof 1/7 1z.)79,490.15 Balance to be carried forward to next ae-
Machinery—
Text read from the printed page and cleaned; old type leaves the occasional error.