The report of the Bank of China for the year ended December 31. 1919, shows that the total net profit of the Bank during the year 1919 amounted to $3,456,333.21. Of this amount, $933,251.88 was the net profit for the first half-year, and $2,593,081.98 for the second half-year. In comparison with the figures for the © previous year there shows a decrease of $676,051.96 in the first half-year, and the increase of $1,242,373.99 in the second half-year. At the closing of the accounts for the year 1919, the grand total of liabilities was $313,- 974,839.22 and that of assets was $317.431.172.43. In comparison with the figures for the preceding year, there is shown an increase of $45,541,482.96 in liabilities and $45,207,804.99 in assets.
The general balance sheet as at December 31, 1919, is as follows:—
Text read from the printed page and cleaned; old type leaves the occasional error.