RPORATION LIMITED

nada Corporations Act)

ysidiaries

2t— December 31, 1970

the year 1969)

Current:
Bank indebtedness (note 3)

Accounts payable and accrued charges ..

LIABILITIES

Dividend payable January 28, 1971 (January 30, 1970) -

Haxesmpay ables en eo.
Total current liabilities

Imeome taxes deterred (note 4;)hi 20. 1. an. Se

Minority interest in subsidiary .

Shareholders’ equity:

Capital —
Authorized:

5,500,000 shares without nominal or par value

Issued:

5,500,000 shares (1969 — 5,252,500 shares)

Retained earnings

On behalf of the Board:

J. D. CHRISTIAN, Director

CER BELO bDirector

PAGE ELEVEN

ALES

$ 8,345,075
3,142,980
1,100,000

1,177,079
13,765,134

10,175,000

299,780

28,903,473

20,317,917
49,221,390

$73, 461, 304

UES

$ 9,365,451
2,305,325
787,875

__ 2,456,623
14,915,274

9,555,000

236,412

23,953,473
_17,577,605
41,531,078

$66, ZTE (has