(ORPORATION LIMITED

nada Corporations Act)

)sidiaries

ecember 31, 1973

LIABILITIES

Current: 1973
Bank indebtedness (note 3) ......... ae $ 8,620,137
Accounts payable and accrued charges . Rages geet 3,909,622
Dividend payable January 29, 1974 (January 29, 1973) .. 825,000
axesmpayaDleme emer re me ee ay ce leet 761,375

sROtalecurrentelabilitiessmea ewer aa eee ee ee 14,116,134

sliermebanke loan (Moters) ss ee 3,000,000

Income taxes deferred (note 4) eee: Bales Gaeweien: 16,575,000

Shareholders’ equity:

Capital —
Authorized:
5,500,000 shares without nominal or par value
Issued:
555 001000Rshanesse a ee eee 28,903,473
Retained searnin Ostet eames ee mere erenien eu 20,767,695
49,671,168
On behalf of the Board:
J. D. CHRISTIAN, Director
C. R. ELLIOTT, Director

$83,362,302

PAGE THIRTEEN

1972
$ 9,296,510
2,994,606
825,000
892,115
14,008,231

4,000,000

15,120,000

28,903,473
21,019,221
49,922,694

$83,050,925