Preview only show first 10 pages with watermark. For full document please download

F"inancol Institutions Inditutions Financeles C -

Rating
Date

November 2018
Size

11.2MB
Views

6,892
Categories

Industrial & lab equipment Electrical equipment & supplies Power conditioning Uninterruptible power supplies (UPSs)

Transcript

CATALOGUE N 61-006 QUARTERLY - TRIMESTRIEL c - F"inancol institutions FINANCIAL STATISTICS THIRD QUARTER 1969 Inditutions financeles STATISTIQUES FINANCIRES TRO';lE TpEQTPr 10(fl DOMINION BUREAU OF STATISTICS BUREAU FEDERAL DE LA STATISTIQUE Ihp conencs of this dos omenS may be used freely but bBS Shcutd be edsesi woes edubIshn a 0555 O it 1 coo sr! pout ore re5rodur( on touts Lberte posies qu on indique quil emane du B.P.S. . DOMINION BUREAU OF STATISTICS - BUREAU FEDERAL DE LA STATISTIQUE Business Finance Division - Division des finances des entreprises Financial Institutions Section Section den Institutions financières FINANCIAL INSTITUTIONS FINANCIAL STATISTICS THIRD QUARTER INSTITUTIONS FINANCIERES -- STATISTIQUES FINANCIERES TROISIEME TRIMESTRE 1969 Published by Authority of The Minister of Industry, Trade and Commerce February - 1970 - Février 6609.515 Publication autorisée par I. ministre do lindustrie et du Commerce Price—Prix: 75 cents $3.00 a year . par année The Queen's Printer Ottawa LImpsimeur de Ia Reine Ottawa I Vol. 7—No, 3 SYMBOlS SIGNFS ('ON\ETIONNELS The following standard symbols are used in Dominion Bureau of Statistics publications: Les signes conventionnels suivants sont employs uniformment dans les publications du Bureau fédéral de la statistique: figures not available. nombres indisponibles. figures not appropriate or not applicable. n'ayant pas lieu de figurer. - nil or zero. - néant ou zro. - - amount too small to be expressed. -- nombres infimes. P preliminary figures. P revised figures. x confidential to meet secrecy requirements of the Statistics Act. nombres provisoires. nombres rectifis. x confidentiel en vertu des dispositions de la Loi sur la statistique relatives au secret. S TABLE OF CONTENTS TABLE DES MATIERES Page Page 5 Introduction ............................................................5 Table Tableau Fire and Casulty insurance Companies Soclété d'assurance-incendie et d'assurances générales 1. Balance Sheet ............................................7 2. Statement of Revenue. Expense and Retained Earnings ................................8 3. Movement of Funds Statement ..................10 1. Bilan ................................................................ 2. Etat des revenus et dépenses et des bénéfices retenus ............................................... 3. Etat des mouvements de la trésorerie .......... Trust Companies 4. 5. 6. 7. 8. Balance Sheet ............................................ Statement of Revenue and Expenses Retained Earnings Statement .................. Reserve Accounts ...................................... Movement of Funds Statement .................. Balance Sheet ............................................ 18 Statement of Revenue and Expenses ...... 20 Retained Earnings Statement .................. 20 Reserve Accounts ...................................... 20 Movement of Funds Statement ................ 22 4. 5. 6. 7. 8. 20. 21. 22. 23. 24. 15. Bilan ................................................................ 25. 26. 27. 28. 29. Investment Dealers 30. Balance Sheet ............................................ 46 26 Sociétés de financement des ventes et de préts aux consommateurs 16. 17. 18. 19. Bilan ................................................................ Etat des revenus et dépenses ...................... Etat des bénéfices retenus .......................... Etat des mouvements de latrésorerie .......... 28 30 30 32 Fonds mutuels 20. 21. 22. 23. 24. Closed-end Funds Balance Sheet ........................................... 40 Market Valuation of Assets ...................... 42 Statement of Revenue and Expenses ...... 42 Retained Earnings Statement .................. 42 Movement of Funds Statement ................ 44 24 Caisses centrales d'épargne et de credit Mutual Funds Balance Sheet ............................................ 34 Market Valuation of Assets ...................... 36 Statement of Revenue and Expenses ...... 36 Retained Earnings Statement .................. 36 Movement of Funds Statement ................ 38 18 20 20 20 22 Caisses locales d'épargne et de credit 14. Bilan ................................................................ Sales Finance and Consumer Loan Companies Balance Sheet ............................................ 28 Statement of Revenue and Expenses ...... 30 Retained Earnings Statement .................. 30 Movement of Funds Statement ................ 32 12 14 14 14 16 Sociétés de prêts hypothécaires ('entrat Credit Unions :. Balance Sheet ............................................ 26 Bilan ................................................................ Etat des revenus et dépenses ...................... Etat des bénéfices retenus .......................... Etat des reserves .......................................... Etat des mouvements de la trésorerie ........ 9. Bilan ................................................................ 10. Etat des revenus et dépenses ...................... 11. Etat des bénéfices retenus .......................... 12, Etat des reserves .......................................... 13. Etat des mouvements de la trésorerie ........ local Credit Unions 11 Balance Sheet ............................................ 24 16. 17. 18. 19. 8 10 Sociétés de fiducie 12 14 14 14 16 Mortgage Companies 9. 10. 11. 12. 13. 7 Bilan ................................................................. Valeur négociable de Pactif ........................ Etat des revenus et dépenses ...................... Etat des bénéfices retenus .......................... Etat des mouvements de la trésorerie ........ Société de placement 25. 26. 27. 28. 29. 34 36 36 36 38 a capital fixe Bilan ................................................................ Valeur négociable de l'actif ........................ Etat des revenus et dépenses ...................... Etat des bénéfices retenus ............................ Etat des mouvements de la trésorerie ......... 40 42 42 42 44 Courtiers de placement 30. Bilan ................................................................ Methodology and Source of Data ....................48 Méthodologie et sources ......................................48 National Accounting Reconciliation ..............49 Conciliation de la comptabilité nationale 49 List of Groups ..................................................50 Liste des groupes ................................................50 Definition of Industry Groups ........................50 Definition des groupes ........................................50 . INTRODUCTION The present publication contains financial statistics for fire and casualty insurance companies, trust companies, mortgage companies, local credit unions, central credit unions, sales finance and consumer loan companies, mutual funds, closed-end funds and investment dealers. As information becomes available, this report will be expanded to include financial statistical tables on chartered banks, life insurance companies, business finance companies, holding companies, real estate operators and developers and other in the finance, insurance and real estate industry. Quarterly balance sheet data for the groups included in this report are available back to the period indicated below: La présente publication donne les statistiques financières sur les sociétés d'assurance-incendie et d'assurances générales, les sociétés de fiducie, les sociétés de prêts hypothécaires, les caisses locales d'Cpargne et de credit, les caisses centrales d'épargne et de credit, les sociétés de financement des ventes et de prêts aux consommateurs les fonds mutuels, les sociétés de placement a capital fixe et les courtiers de placement.A mesure quedenouvelles données serontconnues,ony ajoutera des tableaux statistiques couvrant les banques a charte, les sociétés d'assurance-vie, les sociétés de financement des entreprises, les sociétés de gestion de placements, les entrepreneurs et aménageurs fonciers ainsi que les autres sociétés relevant du groupe "finances, assurances et immeuble''. Les données tirées des bilans trimestriels pour chaque groupe compté ici couvrent les périodes suivantes: Balance sheet data available from Fire and casualty insurance companies ..........................................1st quarter 1966 'l'rust companies ............................1st quarter 1961 Mortgage companies ......................2nd quarter 1960 Local credit unions ......................1st quarter 1967 Central credit unions ....................1st quarter 1967 Bilan depuis Sales finance and consumer loan companies ..................................2nd quarter 1960 Mutual funds ..................................2nd quarter 1963 Closed-end funds ..........................2nd quarter 1963 Investment dealers.........................4th quarter 1962 Sociétés d'assurance-incendie et d'assurances générales ............................ Sociétés de fiducie .................................. Sociétés de prêts hypothécaires ............ Caisses locales d'épargne et de credit Caisses centrales d'épargne et de crédit .......................................................... Sociétés de financement des ventes et de prèts aux consommateurs .............. Fonds mutuels .......................................... Sociétés de placement a capital fixe, Courtiers de placements ........................ Balance sheet and income statement tables as published in this report represent estimated data for the industry group in its entirety, as the industry was made-up in the quarter under consideration. The data, thus, should be used with caution when changes from one period to the next are examined. Major distortions to the industry group could occur as a result of mergers, amalgamations, consolidations, deconsolidations, spin-otis, reclassification of companies into or out of the group, reclassification of categories, etc. The accompanying movement of funds statements are designed to provide a more accurate yardstick for studying period to period changes within an industry. In the latter mentioned tables, non-cash outlays are eliminated, insofar as possible, leaving the data to reflect more closely the real financial transactions. Les chiffres des bilans et des états des revenus qui sont publiés ici sont les chiffres estimatifs de l'ensemble du groupe pour le trimestre considéré. Par consequent, ils sont sujets a caution lorsqu'il s'agit d'analyser le changement d'une période a l'autre car Ia physionomie du groupe peut avoir été profondément modifiée en raison de fusions, d'absorptions, de concentrations, de décentralisations, de separations, de reclassifications de sociétés, de reclassifications de categories, etc. Les tableaux complémentaires indiquant les mouvements de la trésorerie ont pour objet de fournir des repères plus précis permettant l'étude des changements survenus d'une période a l'autre dans une branche d'activité. Dans ces derniers tableaux, on a éliminé, autant que possible, les dépenses n'exigeant pas de déboursés en espèces de sorte que les chiffres traduisent seulement los transactions financiros r6gii1ires. ler trim. 1966 ler trim. 1961 2e trim, 1960 ler trim. 1967 ler trim. 1967 2e trim. 1960 2e trim. 1963 2e trim. 1963 4e trim. 1962 -6- TABLE 1. Fire and Casualty Insurance Companies Quarterly Estimates of Assets, Liabilities, Shareholders Equity and Head Office Accounts 1966 4 No. 1967 1 2 3' 4 1 thousands of dollars Assets' Cash on hand and demand deposits: I a h Cash and bank deposits ........................................................................... 97,433 Demand deposits in other institutions .................................................... 16, 413 65.944 15.543 79,178 12,372 89,096 11,541 103,913 7,572 59,461 4,454 2 Foreign currency ............................................................................................. 1,342 83 201 204 124 '751 3 Investments: a Investments in Canadian securities ................................................... I Canada treasury bills ........................................................................... 15, 549 12,547 10,679 12,733 16,542 15,230 ii iii Government of Canada .........................................................................509, 277 507.858 498,537 502,123 515,075 530,631 Provincial governments ...................................................................... 360,499 381,107 Municipal governments ........................................................................ Sales finance paper.............................................................................. 1 Commercial paper ............................................................................... Term deposits in chartered banks Term deposits with trust and mortgage companies 137, 117 140,264 389,975 143,195 J 26,689 14,589 12,868 425,748 147,471 1 7,589 12, 598 20,203 13,530 433,833 154.694 5.035 11.621 24,153 443,400 152,262 5,086 13,556 9,797 19,120 13.620 iv v vii vii viii ix x b c d e Corporate bonds and debentures ......................................................... 216,253 Collateral loans .................................................................................. ....... 708 Mortgages .................................................................................................... 21, 079 Preferred and common shares .................................................................. 244, 073 Investments in and advances to subsidiaries Investments in foreign securities ............................................................ 86. 469 4 Real estate .................................................................................................. 6 Amounts due from: Other insurance companies a b .... 39. 253 235,489 250,211 250.392 261,766 267,557 2.713 22, 390 1,152 22,468 882 257.133 270,205 1,581 23.765 280,993 25.586 292,337 2.661 27,646 294.929 91,623 89,533 1.952 79,503 2.628 81,989 2,765 85, 331 39,629 39,434 41,911 37,767 38,191 30,045 238,306 33.749 219,898 29. 303 240,716 Agents and uncollected premiums 7 Deposits with reinsurers ............................................................................... 10, 164 10,626 13,254 4.831 2,730 5, 903 8 Allotherassets..............................................................................................258,869 283.974 316.460 49.396 58.123 66,457 2,081,512 2,149,722 1 2,245,511 2,303,573 2,315,270 Total assets ........................................................................................ 9 . 2,041,187 1 Liabilities 2 11 Unearned premiums 709.086 709,730 698,566 14 Provision for unpaid claims 626,738 667,031 679,394 15 Amounts due to: Other insurance companies 32,390 42,237 28,612 3.422 5,867 2,738 27,593 a b Agents and return premiums payable 16 Taxes due and accrued 30,612 34.342 17 Deposits by reinsurers 33.675 33,400 37,995 18 All other liabilities 48.163 52.558 70.369 21 Paid in capital ............................................................................................ 85. 792 89,589 87,812 22 Reserves: Investment, contingency and general reserves 32,273 38.821 42,414 13,760 11,624 1.847 1.707 12.450 2,397 Shareholders' equity and head office accounts a b c Additional policy reserves...............................................Hail insurance reserve . 23 Retained earnings 264.645 281,831 285,186 24 Head office accounts 363,108 334,836 339, 741 2,245,511 2.303,573 2,315,270 25 Total liabilities and head office accounts Some data not available prior to third quarter, 1967. Amounts are stated at book values, and include all assets in respect of business in Canada. Out-of-Canada assets, liabilities, and retained earnings Canadian companies have been omitted where possible. 01 . -7- I 8LEtU 1. Soclétés d'assurance-incendie et d'assurances génraJes :imestrielles de I'actif, du passil, de Ia part des actionnaires et des comptes du siege social 1968 4 1 2L No milliers de dollars Actif2 Encaisse et depOts A demande: 66,076 90,967 97,676 58,382 75,498 6.647 15,408 11,895 7.993 8,556 83,455 En caisse el dans les banques A charte 16,952 DepOts a demande dans d'autres institutions 154 156 146 131 127 a b 144 Devises étrangAres .................................................................................... 2 Placements: 7.951 13.442 13.729 24.542 504.859 499,713 18,855 513,019 493,096 163.907 160.687 18.654 529.594 531.363 446.547 465.474 152,994 156,352 525,566 482.950 160,000 5.159 4.580 13.243 17,792 4.402 3.314 17,860 17,438 20,674 25,222 24,230 20.280 14.234 12,777 13,907 15,564 20,042 13.218 14.648 274,125 289,176 295,542 298,383 313,202 326.014 1.146 1.396 28.590 29.046 309,032 325,967 346 31,541 350,344 940 30.520 359,801 558 31,494 373,132 2.555 33,835 380,522 2,596 3,354 89.002 86,669 9,217 75,438 4,090 74,465 5,173 70,599 7,272 70,716 11,422 1 41,754 44,417 43,462 42,350 42,275 Obligations du gouvernement du Canada........................................ Ii Obligations des provinces ................................................................ Obligations des municipalitas ........................................................ iv 5,634 10,779 20,022 37,136 Titres de societes de tinancement des ventes .............................. V Titrescommerciaux............................................................................ vi 12,557 36,388 38,382 41,626 42,365 31,480 ,428 269,014 250,000 275,509 305,081 325,006 7,976 7,653 8,423 11,132 11.289 I 61,515 49,756 59,525 55,516 65.487 2,475,577 2.515,863 1 1 2,508,780 a 556,862 487,373 167,570 16,488 2,409,577 3 Placements en valeurs canadiennes: Bons du Tresor du gouvernement du Canada.................................. Depots a terme dans les banques A charte .................................... vii DepOts a termedanslessociét6sde fiducie et depr8ts hypothe- viii caires. Obligations des sociétés .................................................................. ix Pr8ts sur nantissement...................................................................... x HypothAques............................................................................................ b Actions privilegiees et ordinaires ...................................................... C placements dans lea filiales et avances faites A celles-ci ............ d Placements en valeurs Otrangéres ...................................................... e Biensimmobiliers ..................................................................................... 4 Montants dus par: 5 D'autres socletes d'assurances .......................................................... a Des agents et sous forme de primes non touchees............................ b 11.264 Depots chez lea reassureurs .................................................................. 7 r 59.737 Toutautre actif .......................................................................................... 8 2,585,695 1 2,701,200 lotal de l'actif ............................. 9 Passif2 743,335 751,797 749,052 723,769 774,985 806,842 Primes non acquises .................................................................................. 680, 157 713,291 751,286 789.735 766,539 840,330 Provision pour sinistres non pay6s ......................................................... 14 37,350 43,251 2,858 35, 184 3, 199 4,657 42,525 4. 183 36,213 3,405 36,236 4.389 MontantS dus A: 15 D'autres societes d'assurances ............................................................. a Dh s agents et sous forme de prime ristournees ................................... b 24, 140 26,358 25,064 17,666 20,450 23,739 ImpOts dus et courus.................................................................................. 41,431 41,660 44.934 41.615 44,273 43,851 DepOts effectu4s par les reassureurs ...................................................... 58, 093 59,855 55,388 62,046 86.928 70, 202 Tout autre pass if......................................................................................... .19 88.666 88.864 88,415 89.214 89.937 91,812 Capital vers6 .............................................................................................. .11 . 16 17 Part des actionnsires et comptes du siege social Reserves: 21 22 42,311 40,869 43,202 38.964 11,371 1,311 11.644 1,313 11.916 1.523 11.937 1,231 45.455 12.260 1.295 49,083 Placements. eventustites et reserves generales .............................. a 12,588 Reserves supplémentaires pour polices.............................................. 1.243 Ponds (reserve) du surplus de l'assurance cone Is grMe.............. b c 305.454 321. 593 330,040 341.386 351.773 356,455 Benefices retenus ...................................................................................... 23 373.100 379,950 367,135 344,509 352, 182 364,430 Comptes du siege social .......................................................................... 24 2.409.577 2,475,577 2,515,863 2.508, 780 2.585,695 2,701,200 Total du passif et de Ia part des actionnaires et comptes du siege social. 25 Disponibles seulement A parlir du eoisiCme trimestre de 1967. Lea montants soOt inscrits a leur valeur comptable et comprennent bus lea avoirs qui se rapportent a l'activit des societes au Canada. Les chifires de l'actif, du passif et des b6n8[ices retenus au litre de l'activite A l'etranger de societes canadiennes sont exclus dans is niesure du possible. 2 -.8- TABLE 2. Fire and Casualty Insurance Companies Quarterly Estimates of Revenue, Expenses and Retained Earnin 1966 i967 -i 4 No 1968 1 2 3' 4 1 - thousands of dollars — Revenue, expenses, and retained earnings accounts' 31 323,246 295.219 366.724 348.523 4.681 53,230 8,461 325,446 299.900 313.494 340,062 342.634 329,639 Net claims incurred ........................................................................... 215,808 175,996 161,284 213,305 236,735 215,172 Other underwriting expenses .............................................................. 119.651 113,819 123,072 96,907 128.075 113,590 10.013 10.085 29,138 29,850 23.282 17.934 20,130 22,922 24,222 21,967 191 980 1,136 Netpremiums written .......................................................................... 341.717 319.394 Deduct: 32 33 Changes in unearned premiums and additional policy reserves - Netpremiums earned ..................................................................... 2.200 - - 907 - 10,245 Deduct: 34 35 36 Underwriting gain - - 22,186 Add: 3,) 3E 35 4€ Profit from investment account .......................................................... Profits accruing to Canadian companies from foreign branch operations. Profit on sale or maturity of assets .................................................. 1,147 27 351 525 - 2,060 - 1,622 346 380 295 Incometaxes ....................................................................................... 11,336 6,361 7,397 Dividendsdeclared .............................................................................. 1.839 1.102 2.537 Transfers to (from) head office .......................................................... 3.879 Otherincome .,. ..................................................................................... Deduct: 41 42 42 44 45 Transfers to (from) reserves ............................................................. Other charges and unaccounted Items .............................................. - 4,651 - 4,831 108 6,238 4,283 193 3.372 5,004 591.232 627,753 616,667 627.753 616,667 624,930 - Add: 46 4,) Retained earnings (including head office accounts) at beginning of quarter. Retained earnings (including head office accounts) at end of quarter. Some data not available prior to third quarter, 1967. -9- I iltljAU 2. Soclétés d'assurance-incendie et d'assurances générales i.stimations trimestrielles des revenus, des depenses et des bénéfices retenus 1968 2 1969 3 4 1 2 No Iflhlliers de dollars Conlptes des revenus, des dépenses et des bénéftces retenus' 387,687 353896 42.891 8.735 344.796 343, 161 362.071 - 8.550 370,627 351422 - 393,168 400.530 Primes Souscrites nettes ........................................................................... 31 DduIre: 25,262 51.539 45.276 376.684 341,629 355,254 Variations des primes non acquises et des réserv's supplémentat res pour police. 32 Primes nettes acquises. ........................................................33 D#duure: 193,166 213.998 242,114 253. 189 197,557 253,442 Sinistres réalisés nets .......................................................................... 34 120,080 118,342 137.897 132.801 133.385 127,685 Autres frais d'exploitation ..................................................................... 35 31.550 12.821 9.306 10,687 25,873 Rn1ice d'eaploitation ................................................................ 36 25.480 24,023 28,731 26.957 25.232 1,178 295 76 3,800 1.561 1,570 Gains stir ventes ou maturité d'actif ................................................... 39 348 10 612 Autre revenu ............................................................................................ 40 - 9,384 - - Ajouter: 95 139 924 - - 1,298 6,383 700 883 - - - 27.235 25 Bénéfice du compte de placement . .......................................... 37 Bénéfice revenant aux sochétés canadiennes au titre de succursales étrangères. 38 Déduire: 10,356 7.718 4,767 9.078 7,690 1.384 2.487 2.151 4.571 2.426 6.012 14.542 10,803 2.387 619 2.732 3.741 7.967 - - 1.431 455 5.290 - - - 1,939 4,552 617 2.431 6,925 ImpOt sur le revenu ................................................................................. 41 1,681 Divldendesdéclarés .............................................................................. 42 6.519 Transterts au (dii) siege social ............................................................. 43 3,628 Transferts aux (des) reserves ............................................................... 44 19.126 Autres frais et los posIes inexpliques ................................................. 45 - - Ajouter: 624,930 • 178. 554 678.55 4 701. 543 [ DispOnibles seulement y y 701.543 697. 175 685.895 703. 955 Bénélices retenus, debut dii trimestre. compris les comptes du siege social au 46 697. 175 685.895 703,955 720, 885 Bénétices retenus IAn dii compris lea comptes dii siege social A Ia 47 a partir du troisiême trimestre de 1967. - 10 - TABLE 3. Fire and Casualty Insurance Companies Quarterly Estimates of Movements of Funds 1967 1 2 3 1.968 4 1 - thousands of dollars Sources' Interna] 1 Underwriting gain .................................................................................... 2 Profit on investment account ................................................................ 3 Profits accruing to Canadian companies from toreign branch operations........................................................................................... 4 Other income ............................................................................................ 5 Unearned premiums ................................................................................ 6 ?rovision for unpaid claims .................................................................. - 22,186 24.222 877 21,967 980 1,136 380 295 644 40,293 - 11, 164 9.847 2,445 - 13,625 - 3,129 4,330 -. 6749 - 275 4,361 3,797 4,595 17.811 12,363 External: Amounts due to: 7 Insurance companies .......................................................................... 8 Agents ................................................................................................. 9 Taxes due and accrued .......................................................................... 10 Deposits by reinsurers ......................................................................... 11 Other liabilities ...................................................................................... 12 Paid in capital ........................................................................................ 13 Transfer from (to) head office ................................................................ 14 Total or items I to Ii ........................................................................ 4.651 - 1.777 4.831 73,489 27,431 Applications' 15 Dividends...................................................................................................... 1,102 3,37 16 Income taxes ................................................................................................ 6.361 7,397 17 Other charges including unaccounted items ............................................ 2,000 1,911 14,817 3,969 44,452 3,118 80 627 Demand deposits: 18 Banks ........................................................................................................ - 31,000 1 1 000 19 Other ........................................................................................................ - 20 Foreign currency ........................................................................................ - Investments: 21 Treasury bills .......................................................................................... 22 1 Government of Canada ............................................................................ 23 Provincial governments .......................................................................... 24 Municipal governments .......................................................................... 25 Sales finance paper ................................................................................ 26 Commercial paper .................................................................................... 27 Term deposits (banks) ............................................................................ 28 Term deposits (other) ............................................................................ 29 Corporate bonds ..................................................................................... 13,000 3,000 - 10,00 - 1.00 1,000 3.000 1,000 21,000 - - - - 3,000 2,000 9,000 2,00 4.00 9,000 3,000 12,000 - 2,000 19,000 2,000 30 Collateral loans ...................................................................................... 31 Mortgages ................................................................................................ 32 Preferred and common shares ................................................................ 13,000 33 Subsidiaries ............................................................................................ 34 Foreign securities .................................................................................. 5,000 15,000 - 2,000 3,809 1,312 36,00 12,952 8.085 16,326 10,210 4.00 7,223 2.212 2,554 977 51 1,824 3,950 5,033 26 64 6,182 7,00 14,00 1,00 15,278 700 1,779 13,000 1,00 11,00 2.000 - 8,00 2,486 137 3.342 2,00 - 35 Real estate .................................................................................................. 1,821 13,404 676 S 2,060 4,457 4.144 424 due from: 36 Insurance companies .............................................................................. 3.704 - 4.446 37 Agents ...................................................................................................... - 18,408 20,818 3,172 A 38 Deposits with reinsurers ............................................................................ 39 Other assets ................................................................................................ 40 iotal of items 15 to 39 ...................................................................... 'Refer to text page 49. 25,000 3,000 - 8,000 - 2,100 32,000 21,000 8,727 73,489 8,334 27,431 is S -I- 1 XBLEAU 3. Socités d'assurance-incendie et d'assurances gnèrales Estimations trimestrii'lIes des mouvements de La trésorerie 1968 2 2 3 N miUlers de dollars Provenanc& 31.550 25.480 12,821 24.023 95 2.238 - 40.491 9,384 28.731 - - 1,178 295 427 1,365 4.085 2,745 37,995 8.462 34,121 549 9,306 26.957 - - - 24.352 36,153 Interne: 10,687 - 25,873 Béfléflce d'exploitation .......................................................................... 25.232 27,235 BnerIce compte de placement .............................................................. 2 13n41ice revenant aux soclétés canadiennes au litre de succursa 76 - 25 lea étrangères ...................................................................................... 3 377 817 Autre revenu ............................................................................................ 4 51, 216 14,823 Primes non acquises .............................................................................. 5 8,990 51,583 ProvisIon pour sinistres non payés ...................................................... 6 Externe: Montants dus: 8.738 120 - 31453 936 10,059 993 1,431 - 2.166 341 2.218 229 1.764 8,067 1,458 - 1.294 3274 - 2.204 198 - 440 9,163 - 726 - 474 - - 3,319 7,398 2,690 779 - 6,012 - - 3,740 99,109 75,372 56.829 21,644 - 3,277 AUs sociétés d'assurance .................................................................. 7 984 Aux agents............................................................................................ 8 - 778 2,784 3,289 Impóts dus et courus .............................................................................. 9 2.658 - 422 DepOts effectués par lea réassureurs .................................................. 10 - 6.524 15,461 Autre passif.............................................................................................. 11 723 1,875 Capital vers ............................................................................................ 12 2,387 - 6, 519 Transferts du (au) siOge social ................................................................ 13 - 6.312 91,516 79.951 Total des posies I a 13...................................................................... 14 Emploi - I 2,417 2, lIt 1, 171 2,426 1,681 Dividendes.................................................................................................... 15 6 7,718 4,767 9,071 7.690 6,925 Imp6t sur le revenu...................................................................................... 16 1,459 2,965 3,359 11,735 6,046 - 9,390 Autres frals et posies inexpliqués .......................................................... 17 6.615 2,193 24,891 8,761 6,700 - 39,294 17,116 3.513 - 3,902 563 épOts a demande: 7.957 Les banques ............................................................................................ 18 8,188 Autres ............................. ........................................................................... 19 11 4 17 Devises étrangères...................................................................................... 20 - 5,687 8,160 lacements - 201 Bons du Tr8sor ........................................................................................ 21 31,143 Obligations du goUvernement au Canada.............................................. 22 - 6,617 - 3,220 - - 7.279 - 4.101 - 21 597 5,491 1,769 - 10 287 - 5,797 10,813 - 19, 091 18,927 17,476 17.761 3.358 - 579 3.648 - 178 3,90 - 1,081 4.549 4,548 - 68 992 2.766 1,430 - 465 - 1.515 15,051 204 414 6.366 - 1.050 944 456 2.495 13,923 11 3,671 13.147 758 - 2,287 21.059 5.863 - 851 3,231 332 2,663 100 2.732 732 73 4,381 1.554 - - - - 422 3.951 1,45 3.841 591 1,021 2,320 2.584 - 6,373 2,787 15.145 - 382 I - 12.723 Obligations des provinces...................................................................... 23 4.683 Obligations des municipalités .............................................................. 24 1,745 Titres des soci6t6s de financement...................................................... 25 17,114 Titres commerciaux ................................................................................ 26 6,135 DCpOts ii terme (Ies banques) ................................................................ 27 a terme (autre) ............................................................................ 28 11,812 Obligations des sociétés........................................................................ 29 997 Prëts sur nantissement .......................................................................... 30 - 3,007 DepOts 9,192 - 5.12 - 973 - 3,866 2.341 Hypothèques ............................................................................................ 31 7,390 Actions privilégiées et ordinaires ........................................................ 32 399 Filiales .................................................................................................... 33 117 Valeurs 4trang6res .................................................................................. 34 955 - 1,112 75 Biens immobiliers ....................................................................................... 35 1,994 3,244 19,014 25,509 739 29.572 ontants dus par: - 10,885 Lea socletes d'assurance ...................................................................... 36 16.003 Lea agents................................................................................................ 37 770 2.709 31 - 25 D6p6ts chez les réassureurs...................................................................... 38 4.009 10,097 - 8,390 utre actif .................................................................................................... 39 9.109 75, 572 56, 829 21, 644 91,516 79,951 Total des posies 15 a 39 ............................................................... 40 7,185 43,147 24 - —26,224 - - - 323 11,759 1 8,973 - - - Prière de se rétérer au texte page 49. 974 11,444 1,083 - 12 - TABLE 4. Trust Companies Quarterly Statements of Estimated Assets, Liabilities and Shareho1der 1966 No. 1967 3 4' 1 2 j 1968 3 4 1 thousands of dollars Assets' Cash on hand and demand deposits: In Canadian dollars: Cash and bank demand deposits ........................................... 64,675 Demand deposits in other institutions ............................ ......4,461 72.610 2,250 53,741 49.683 3,948 3,548 40.816 78.973 40.315 3.636 3,851 4.931 2 Foreign currency ............................................................................ 12,919 13.124 10.680 14.855 7,668 10,605 36,856 3 Investments: Investments in Canadian securities: 16,197 Canadatreasurybills .................................................... .... ......4,439 421.595 Government of Canada .......................................................... 390,693 229.361 Provincial governments ........................................................ 208. 584 126,873 Municipal governments ...................................................... .....121,848 131,012 Sales finance notes................................................................ 318 943 ' 1 63.943 Commercial paper ............................................................... f 1 • • b i II i ii iii iv v vi vii viii ix x i ii c d 11,928 9,844 29,145 Bank term deposits ......................................................................... 72,031 17,979 Term deposits, other institutions 240. 437 Corporation bonds .................................................................. 258. 181 119.627 Collateral loans ... . .............................................................. .....127,749 143,186 127,302 159,375 114,831 141,892 102.245 62.720 71.998 25,693 18,271 278,922 291.654 128,309 109,914 424.542 444,797 468,081 285,317 285,330 265,503 118.544 110,825 117.864 119,279 98,913 132.405 93.962 49.777 53. 055 NHA loans ........................................................................... l, Conventional mortgage loans............................................. I ' Canadian preferred and common shares ................................... 80, 412 Foreign securities .................................................................. ..... 11,321 f 493, 038 11.675.909 83,299 14,179 499.852 498.848 1.704,471 ~1,772,013 83,489 84.185 17.645 18,338 496,233 506,225 512,514 1,851,150 1,908,035 1,954,983 86,397 85,121 88,045 15,249 23,457 23.153 30,968 30,103 32,536 32,908 33,416 31,703 31,854 Mortgages and sales agreements: Subsidiary and affiliated companies: e 13,300 6.420 398.884 421,079 259.987 284,577 142.192 170,167 108,896 16,368 14,386 12,144 298.737 290,582 314.612 113,582 114,677 141.857 } 4 Interest, dividends and rent receivable' 24,019 37,283 39,260 43,385 38.155 42,282 5 Real estate and equipment ........................................................ .... 47,751 46.298 47,381 52,362 53.853 51.920 52,707 6 Otherassets ................................................................................ ....21,817 28,789 27,981 31,153 31.066 25.521 29,101, 7 Total assets' .................................................................... 3,869,250 3,922,673 4,131,275 4,145,444 4,287,320 4,112, 864 4, 410, tO% a b Demand and savings deposits: Chequing .................................................................................. .561,220 Non-chequing ...........................................................................545,020 556,702 539,0'7l 570.955 577.134 537.592 550,212 576.828 571,515 556,810 588,708 591,267 604,713 a Term deposits, original term of: Lessthanoneyear ................................................................ . 1 611,081 Liabilities 11 12 One to six years ..................................................................... 2,363,738 Over six years ......................................................................... ) b c 13 a I b II Bank loans: Canadian chartered banks: Canadian currency .................. ............................................5,857 .._ ...................................... -- Foreign currency ................................................................. Other bank loans ....... 704,869 589,790 618.789 623.367 613,474 1,785,348 29,632 1,835,531 1,953.689 32,268 33,463 2,007.500 2,084,717 2, 174,263 31.756 32.278 30,950 4,758 1,532 7,755 5,399 1.433 980 6,560 2,685 4,153 L - - - 1,422 4,056 2,501 14 Short term loans and notes payable .................................. 43,959 15,232 27,001 22.683 34.002 18,750 36,618 15 Parent and affiliated companies' ............................................. 8,180 7,793 9,706 11,378 10,481 9,936 36,068 66,033 58,329 64,278 62,032 72.254 114,445 116,350 117,327 118,257 119,296 120,118 Investment reserves ................................................................... 67,906 69,732 71.448 72,853 75,573 76,793 16 Deferred income ....................................................................... 17 Accumulated deferred income taxes ,,,,. ................................. 18 Other liabilities' ..... .................................................................. 23,039 21 PaId-in capital: Shareholders' equity a Preedshas::::::::::::::::;:::_::::::::::.::::::::::::::::::: 110,310 } 22 23 Reserve fund ............................................................................... 216. 107 140,724 140,902 141.232 141,160 147.627 147,838 24 Retained earnings' ..................................................................... 11,994 13,061 14,052 13.829 9,220 9.887 3,922, 673 4,131, 275 4,145.444 4,287,320 4,352,864 4,460,308 25 Total liabilities and shareholders' equity.......................3,869,250 Prior to fourth quarter 1966, a number of companies reported investments in securities after deducting investment reserves. Currently, investments ar requested to be reported at original cost with investment reserves reported in item 22. Some data not available prior to fourth quarter 1966. Prior to fourth quarter 1966, total assets, excludes dividends, accrued interest, and other receivables. Some data not available prior to first quarter 1969. Ll - 13 - I %BLEAU 4. Société de fiducie - :-Es timations de l'actif, du passif et do Is part des actionnaires 1968 1969 2 4 1 2 3 N° milliers de dollars Actlf2 45,910 7,807 59,409 10.143 75,904 7,804 46,231 47,907 9,441 7.612 53,342 19,025 Encaisse et dépöts 8 demande: 1 En dollars canadiens: a En caisses et depOts a demande bancaires .......................................1 DepOts demande dans d'autres institutions ................................. 35,909 35,384 35,195 19,291 36,964 55, 601 Devises étrangères ....................................................................................... a 2 Placements: 3 Placements en valeurs canadiennes: a Bons du Tresor du gouvernement du Canada .................................... Obligations du gouvernement du Canada ......................................... ii Obligations des provinces .................................................................... lii Obligations des municipalités .............................................................. 'V Billets de sociétés de financement des ventes ............................... ..v Titres commerciaux ................................................................................ vi DepOts a terme darts les banques ........................................................ vii DepOts terme dana d'autres institutions .......................................... viii Obligations des sociétés ....................................................................... Ix PrOtssurnantissement ...................... .................................................... x Hypothèques et conventions de vente: b Prêts de Ia lol nationalo sur l'habltation........................................ Préts hypothécaires ordinaires .......................................................... Actions privilégiées et ordinaires des aociétés canadiennes ............ .. C Valeurs etrangeres .................................................................................... .. d Les filiales et lea sociétês affiliées: Actions ............................................................................... ................ Avances, billets ordre etc................................ ............................... it 22,324 495.055 258,490 118,371 159,976 60,779 118,722 13,537 326,971 103,360 12,190 455,847 290, 904 117,045 201,557 85,101 134,828 27,449 331.920 143,303 9916 507,375 284.734 119,601 156.566 71,991 189,856 28,014 320,245 142.080 4.159 9,487 524,780 574,965 287,487 290.119 114,811 115,736 163,836 167,173 112, 426 117,201 313,363 279,609 31,769 25.421 315,178 335,372 142,352 125,250 15,170 585,858 272,351 110,893 189,286 147,667 187.996 26,234 335,126 129,991 528,246 2,073,821 86,368 23,464 530.167 2, 117.695 91,686 31.702 546,022 2,175.815 96,608 22,391 554, 621 584, 528 2.241,275 2.336, 645 97,767 99,991 19.462 19,789 574,733 2.515.954 106,165 16.234 33,723 52,634 56.335 J 58,526 67.491 19,605 13,825 60.790 42,109 40,441 41,676 42.438 48,165 49,391 59,219 Intérét, dividendes et Ioyers 8 recevoir ...................-............................ 4 1,901 53,439 53,202 52,466 53.162 66,504 Biens immobiliers et outillage ............................................................... 599 32.096 29,490 28.779 32.974 35.228 Autre actif. ...................................................................................... .............. .. 6 4,597.764 4,856,175 4,971, 582 5,205,790 5,390,612 5,606,476 Total de I'actiP ........................................................,..,......................... 7 a a 5 . Passif 567.993 590.590 568,698 600.585 574,428 649,548 488.844 482,113 760.259 833.207 456,035 842,737 661,547 2,242.561 29,162 801,930 2.331.162 29.634 797,550 2.380,094 29,475 926,328 969,141 2.455.886 2.528.254 23,609 21,040 1,059.280 2,636.795 25,275 7,851 - 5,458 3,753 36,570, 18,366 69.243 1.736 - 3.3161 - 2,504 6.994 - - 7,049 - a DepOts demande ott depOts darts des comptes d'épargnes: Retrait par cheque ......................................................- .................... Retrait en argent seulement ...................-........................- .... 11 a b DepOts a terme, terme initial: 12 De moms dun an ......................................................................................... a D'un S six ans ............................................................................................. b De plus de six ans .................................................................................... ... c Emprunts bancaires: 13 Des banques 8 charte canadiennes: a En monnaie canadienne........................................................................ En devises étrangères ........................................................................ Emprunts des autres hanques .................................................................. .. 3.642 4.872 1,255 1.351 31,185 20.403 20,481 20,719 20,084 Emprunts et billets S court tense .............................................................. 30,362 38,227 31,279 40,678 45.493 Lea soctétés meTes et les sociëtés affiIiées 2 .......................................... ..15 1.549 1.566 1.774 Revenu différé. .............................................................................................. .16 2,144 2.314 2,620 lmpOts sur le revenu différé cumule ........................................................... .b ..17 93,887 77,473 97.647 Autre passiP .................................................................................................. .18 86,568 87,321 . it 14 Part des actionnaires 114. 09 11 677 115 181 1 17,160 21,683 1 96,038 97,579 Capital verse: 21 Actions privilégiées ................................................................................... a 22.726 100,311 Actions ordinaires ....................................................................................... b 81.747 82,605 84,812 83,663 87.468 87.920 Reserve pour placements ............................................................................. 22 151,128 151,246 177,358 182,001 184,110 183.965 12'ondsderéserve ........................................................................................... 23 13,081 14.312 11,807 15,196 15.018 15,414 4,387,764 4,856, 175 4,971,582 5,205,790 5,390,612 5,606,476 Bénéfices retenust ........................................................................................ . 24 Totil do passif et de Ia part des actionnaires ................................25 Avant le quatrième trimestre de 1966, un certain nombre de sociOtés déduisaient do leurs placements en valeurs mobilières lea reserves pour placements utenant, on demande do declarer lea placements au coOt d'origine, les reserves pour placements étant déclarées au poste 22. 2 Disponibles seulement partir du quatrième trimestre de 1966. Avant Ic quatrième trimestre de 1966, l'actif total ne comprenait pas les dividendes, les intérOts courus et lea autres comptes recevoir. Disponibles seulement partir du premier trimestre de 1969. a a a - 14 - TABLE 5. Trust Companies Quarterly Statements of Estimated Revenue I 1966 T1 4 _1 thousands of dollars Revenues 55. 741 Interest earned ........................................................................................ Dividendes: a Companies In Canada ...................................................................... 994 I, Companies outside Canada ................................................... ........... .. 33 Commissions earned from sale of real estate' ................................. 15. 775 34 Fees and commissions earned on estates ......................................... j 35 Profit on sale or maturity of assets' .................. ................................ 36 Other revenue ............................................................................................ 2,485 37 Total revenue .................................................................................. 74, 995 31 32 59,274 61,222 63.183 64.320 68,532 68,446 1.279 964 947 914 1.258 1. 183 21, 691 18. 238 19, 325 19, 661 23. 290 20,666 3,147 2,710 3.102 1.858 2,181 1,763 85, 391 83,134 86,557 86,753 95,261 92,058 44.027 734 109 45,054 882 441 46,383 813 242 47,917 833 73 50,530 866 60 51.751 802 127 Expenses 41 42 43 44 45 46 47 48 49 50 SalarIes and employees benefits'....................................................... Salesmen's commissions' .................................................................... 40,926 Interest .................................................................................................... Depreciation ............................................................................................... 903 Amortization ................................................................................................ 76 Transfer to investments and other reserves' .................................... Income taxes: 3,485 Other expenses ...................................................................................... ...2 6, 780 Totalexpenses .............................................................................. ... '72,170 } Net profit .................................................................................... ......2,825 5,352 3,098 3,957 3,369 4,228 2.325 27,912 27.840 28,901 29,461 32,304 31,076 78,134 7, 257 77,315 80,296 81,653 87,988 86,081 5,819 6,261 5, 100 7.273 5,977 Some data not available prior to first quarter 1969. TABLE 6. Trust Companies Quarterly Statements of Estimated Retained Earnings' - 1967 1968 1 2 3 4 1 1966 No. . thousands of dollars 14,052 13.829 9,220 - 5,100 103 7,273 946 5,977 160 3,965 2,316 6,544 3 3.426 1.834 748 2.872 2.045 52 251 14,052 13,829 9,220 9,887 11.994 13,061 7,257 201 5,819 356 6,261 295 65 66 67 64 Dividends declared ........................................................................... 2,772 3,537 1,332 Transfers to reserves' ...................................................................... . Transfers to reserve fund'.................................................................5,312 Other adjustments including unaccounted items' 2,075 3,039 1,783 2,952 1,865 286 68 Closing retained earnings' ........................................................... 11,994 13,061 61 Opening retained earnings' ...................................................................17, 194 Add: 50 51 Netprofit ............................................................................................ . 2,825 Profit on sale or maturity of assets ............................................... - 221 - Deduct: 210 Some data not available prior to fourth quarter 1966. TABLE 7. Trust Companies Quarterly Statements of Estimated Investment Reserves and Reserve Fund No. 3 1968 1967 1966 I I 21 3 thousands of dollars I Opening Investment reserves and reserve fund' .............................. 198,913 214,0131 208,630 210,634 212,680 1.783 7 2 1.865 20 184 2.097 159 136 291 597 12 976 212,680 214,013 223,200 223,200 Add: 6.644 148 162 2 Transfers from retained earnings 3 Transfers from premiums on shares................................................ 4 Profit on sa1t or maturity of asseta .............................................. - 124 8.860 217 1,834 1,098 Deduct: 5 Actual investment losses ................................................................ 6 Other adjustments including unaccounted items .......................... 7 Closing investment reserves and reserve fund ........................ Some data not available prior to fourth quarter 1966. 19 2,782 208,630 - - 234 450 210,634 - 48 224, 6U - 15 - S 1%BLEALJ 5. Soctétés de liducie Etats financiers trimestriels - Estimations des revenus et des dépenses 19)16 1969 1 2 3 No milliers de dollars Revenus 73.806 75,407 84.599 974 950 1,984 58,300 874 313 90.989 1.098 150 .. 1 24. 411 J 96.003 Intérét recu ...................................................................................................... 31 32 Dividendes 1,277 Sociétés au Canada ...................................................................................... ..a 78 Sociétês hors du Canada .............................................................................. b 5.938 Commissions provensnt de la vente d'immeuble' ..........................................33 21. 420 Droits et commissions reçus sur successions .............................................. 34 383 Gains sur ventes ou maturité d'actifs' ............................................................ 35 2,536 Autres revenus .................................................................................................. ..36 127,635 Total des revenus ...................................................................................... 37 1.944 2,776 3,970 1.311 71 5.080 22. 304 787 2,119 100,284 115,229 97,527 122,661 19,479 1,486 53,116 760 51 490 20,156 2,290 70,563 890 64 751 20,229 2,958 78.544 830 62 276 cj 870 23,182 1.985 99,947 67.898 65,556 839 159 58,738 967 49 3.723 2,999 7,137 31,838 95,038 31,571 94,324 33,198 106,889 3,357 - 6 13,104 91,837 5,791 28 15,316 115,849 4.385 394 14,546 122,224 1,909 5,960 8,340 5,690 6,812 5.411 Dépenses . ..41 Salaires et avantages s oc iaux t CommissIons aux vendeurs .............................................................................. 42 Intéret ................................................................................................................ 43 Dépréciation ...................................................................................................... 44 ..45 Amortissement .................................................................................................... Transterts aux reserves pour placements et autres' .................................. ..46 lmpat sur le revenu: Courant ...........................................................................................................a . Différé ............................................................................................................ .b Autres dépenses .............................................................................................. ..48 Total des dépenses .................................................................................. .. 49 Bênéflces net .......................................................................................... ..50 Disponibles seulement a partly du premier trlmestre 1969. TABLEAU 6. Soclétés de fiducie Etats financiers trimestriels - Estimations des bénéfices retenu s t 1969 . 1:68 I . 9,887 1 2 3 4 1 13,081 1 14.312 I 11,807 1 15,196 15. 018 IBenéfices retenus au debut' .............................................................................61 4,909 1,590 5,960 11069 8,340 545 5.690 280 6,812 100 5411 - 49 4.142 4,587 835 6,259 13,081 3,852 2,008 106 168 14,312 3,446 1,607 5,814 523 3,332 229 243 - 1,223 3,384 916 339 2,451 3,870 756 281 59 11.807 15,196 15,018 15,414 Ajouter: Bénéfice net .............................................................. .................................... . 50 Gains sur vente ou maturité d'actif ..........................................................51 Déduire: - Disponihis seulement a Dividendes déclarés ..................................................................................... 65 Transferts aux reserves' ...........................................................................66 Transferts au foods de reserve' ..............................................................67 Autres rajustements y compris lea posies inexpllqués' ........................64 Bénéflces retenus a Ia Fin' .................................................................... partir du quatnème trimestre de 1966. TABLEAU 7. Sociétés de Ilducie tats linaciers trimestrlels-Estimations de reserves pour placements Ct du fonds (IC reserve 1968 1969 I 2 3 2 I 3 No mutters oe Qotlars 224.631 232,875 233,851 262.170 265.664 5.422 2,631 29 2,114 18 169 7.421 17.549 3.184 472 3,936 12 1,255 1,314 229 Ajooter: 1.037 Transterts de bénéfices retenus ................................................ - 360 Transferts des primes sur actions ............................................ - 315 GainS sur vente ou msturité d'actlf .......................................... I8 74 1,251 198 363 132 794 465 - 3,581 Déduire: 25 Pertes rêeiles sur placements.................................................... 30 Autres rajustements y compris les postes inexpliqués .......... 212, 875 233,851 262,170 265,664 271,578 271,885 Reserves pour placements et du londs de reserve A Is Fin - Disponibles seulement a partir du quatnième trlmestre de 1966. 271.578 Reserves pour placements et du foods de reserve au debut' 2 3 4 5 6 7 - 16 - TABLE 8. Trust Companies Quarterly Estimates of Movements of Funds 4 LJ±J thousands of dollars Sources 1 2 3 Internal: Profit (before taxes) .................................................................... Depreciation.................................................................................. Amortization........................................................... .. .................... 6.310 12,590 903 734 76 109 External: 4 Paid-in capital .............................................................................. Demand deposits: S 6 Chequing.................................................................................... Non-chequing ............................................................................ Term deposits: 7 Lessthan one year .................................................................. Oneto six years ....................................................................... 5 9 331 1.782 2,482 12,949 18,654 94, 132 10 Over six years .......................................................................... Canadian chartered bank loans: Canadian currency ............................................. .. .................... 11 12 - 4,892 Foreigncurrency ...................................................................... Otherbanks loans ........................................................................ 13 Short term loans and notes payable .......................................... 475 14 15 Parent and affiliated companies ................................................ Interest dividends and other liability ...................................... 16 5,133 12,954 4,628 Total of Items Ito 15 .............................................................. 62,323 - 1,099 8,178 833 73 11,489 866 60 8. 109 802 127 997 930 2,037 823 6.179 15,253 12,620 1,479 306 5,313 8.387 2.559 1,912 93,788 - 115,079 57,183 118,158 2,636 1,195 31,592 15.422 64,471 97,217 15,149 522 2.997 - 2,356 1, 161 - 3,875 1,532 99 - 453 442 - 28,727 11,769 - 4.318 387 1,913 11,310 2,634 - 15,252 1,672 - 897 21,961 - 7,704 5,949 - 2,936 22,266 149.830 73,689 94.481 8.583 10,059 882 813 441 242 20,359 62.487 15.440 - 14.705 13,446 - 9,893 89,546 - 1,328 1,468 - 1,555 17,81 li4,38 S Applications 1 17 Dividends................................................................................................... 2.772 Income taxes payable ............................................................................... 3.485 3.537 3,039 2.952 21872 3.965 3.426 5.352 3.098 3,957 3.369 2. 325 Cash and bank demand deposits ........................................................ ...- 9,809 Otherdemand deposits .............. .......................................................... .....2,215 41.935 18,869 4,058 -8,867 4,228 38,157 - 2,211 11698 2,444 400 4.175 88 7.187 18 19 20 21 22 23 24 25 26 27 Foreigndeposits ....................................................................................... 5.842 Canadatreasury bills ............................................................................. - 2,514 Government of Canada ...........................................................................- 10,397 Provincial governments ............................................................................ 8.814 Municipal governments ............................................................................. 2.890 Finance Companies notes .................................................................. 16.067 Commercial paper .................................................................................. 5 205 11,758 2.897 6.880 5,508 30.902 22,711 22,195 3,463 20.777 30,626 24.590 5,025 16.313 15,884 - 89,988 28,363 44,544 77,949 39.647 28 Bankterm deposits .............................................................................. 29 Term deposits with other Institutions .............................................. 30 Corporation bonds ................................................................................... - 1,015 - 3.969 9.311 9.278 7,714 Collateralloans .................................................................................... ....20,812 Mortgages: National Housing Act ...................................................................... 47.309 Conventional..................................................................................... 8,979 - 5,744 38.485 7.422 12,732 3,122 8,682 18,395 4.458 81 6,814 33.160 - 1.004 67.368 31 32 33 34 35 36 5 Canadian preferred and common shares ............................................... 2, 233 Foreign securities ................................................................................ ..3,572 Subsidiary and affiliated companies .................................................. ..5,679 37 Interest and rents receivable.............................................................. 38 Real estate and equipment .................................................................. ..- 956 39 Other including unaccounted items ................................................... - 2.518 Total of items 17 to 39 ............................................................... 40 I Refer to text, page 49. 94,481 - 3.008 2.858 166 391 3,466 2,433 693 372 - 719 8,664 1,965 6.374 - 631 62,487 215,440 - 865 24,019 - 26,251 2.084 20.255 23.284 19,301 740 13 8,758 -- 7,719 19.827 7.039 20,366 33,492 2,283 64.194 - 1.080 2.937 - 4,448 - 38,658 215 11903 7,083 3,668 2.615 79.132 - 44,185 3.278 27.975 61,271 1.982 2,242 8.155 1,005 24,030 9,992 54.694 6,289 46.675 - - - 27,180 2.196 - 2,222 2.764 3,089 508 8.208 - 1,713 304 151 1,977 4,125 - 5.230 4.127 5,794 2.324 - 1.067 4.026 834 - 3.322 I • 58 4, 40' 22.266 149.850 73,689 114, 38 - 5 - 17 - I 'BLEAt' 8. Soc jttts de fiducie ,tions trimestrilles U's mouvernents de In trsorerio 1968 2 3j 1969 4 1 2 3 mUllets de dollars Provenance' Interne; 8,632 8.885 15.279 9,015 13.084 10.058 874 967 839 760 890 830 313 49 159 51 64 62 4,096 4.068 13.916 2,757 8,163 3,040 Capital vers ......................................................................................... 4 Depots a demande; Retraits par cheque ........................................................................ 5 Itetraits en argent seulement ........................................................ 6 DepOts a terme: Bénéuice (avant impôt) ...................................................................... Dpréciation ........................................................................................ 2 Amortissement ....................................................................................... 3 Externe: II. 183 705 5,730 - 584 - 5,523 - 26,078 - 14,123 9 1 995 48,963 25,711 73,477 9,530 48.073 170.429 68,298 - 1.788 58.555 34.426 136.778 67.632 78.978 67.792 54,858 108,095 31 - 159 - 5,866 - 2,569 3.802 3.048 Plusdesjxans ................................................................................ 9 Emprunts des banques a charte: - 2.393 - 3.722 358 4.400 55 1.465 878 - 111 1.230 - 3.617 529 lO - 5.385 - 10.782 78 238 - 635 130 ,25 11,996 En monnaie canadienne ................................................................. 10 En devises étrangêres ................................................................... 11 Emprunts des autres banques ........................................................... 12 Emprunts et billets a court terme ..................................................... 13 7.865 1 6,948 9,399 4,815 17.614 753 81109 i 19,227 20.382 Lea soclétés metes et les sociétés affiliées ............................... 14 Int6r8t, dividendes et autre passif .................................................. 15 1:16,486 276,394 225.070 Total des postes I a is .................................................................. 16 123,282 90,585 239,741 201, 269 Mains dun an .................................................................................. 7 Un an a six ans ................................................................................ 8 E'nploi' 4.142 3,723 3.852 5,595 2,876 13,499 16,495 - 29,673 11101 - 2,339 1,637 - 1,829 - 947 2.336 - 525 - 6,821 - 10.134 - 2.274 - 5,757 6.633 26,964 - 39, 198 51,528 17,405 50,852 - 7.013 32.414 - 6.170 2,753 3.195 507 27.571 7.724 - 1.326 2,556 - 4,790 916 41,581 24,322 - 44,991 7,270 - 123 9,826 16.106 12. 359 13.912 4.949 55,028 123.507 - 33,754 565 3.755 - 6,348 - 11,675 - 5,067 19.993 - 91,613 1.393 - 38.497 39,943 1,223 252 - 16,801 4.741 2,999 3,446 3.332 3.384 7,137 3,351 5,791 3.870 Dividendes ................................................................................................ 17 4.385 ImpOt sur le revenu a payer .................................................................... 18 5,435 Encalsse et depOt a demande ................................................................ 19 11.413 Autres depOts a demande hancaires ...................................................... 20 18.637 DepOts a létranger .............................................................................. 21 - 189 - 15,904 17,673 5,683 Bans du Trésor du gouvernement du Canada ..................................... 22 10,893 Obligations du gouvernement du Canada ............................................. 23 - 17.768 Obligations des provinces ..................................................................... 24 - 4,843 Obligations des municipalités ........................................................... 25 22,113 Billets de sociétés de financement des ventes .................................. 26 30,466 Titres commercisux ................................................................................ 21 - 13,110 40,435 4,775 DepOts a terme bancaires ......................................................................28 813 DepOts a terme dans d'autres institutions .......................................... 29 - 246 Obligations des sociétés ........................................................................ 30 15.732 1.921 15.855 81599 29,882 - 9,795 68,060 93,920 4.313 55.652 64.992 102,802 4,377 497 1.174 191,351 3.407 311 8.169 - 10.021 - 2.929 363 4.117 18.911 - 1,841 1.235 3.701 21.796 3.185 762 5,727 1,226 2.068 505 602 - 736 1.595 2.044 2,685 - 2,424 - 711 5,594 1:16, 486 276. 394 123. 282 239,741 j Prire de se rCfCrer au texte, page 49. Prs Ot sur nantissement ........................................................................ 31 HypothOques: Loi nationnale sur l'habitation ......................................................... 32 Ordinaires ........................................................................................... 33 6,155 Actions privilégiées et ordinaires de soclétés canadiennes ........... 34 - 3,555 Valeurs étrangères ................................................................................ 35 22,583 Lea filiales et lea sociétés affiljées ............................................... 36 9,828 Intérét et layers a recevoir ................................................................. 37 2,130 Biens immobiliers et outillage ........................................................... 38 201, 269 2,394 Autres, y compris les pastes inexpliqués ...................................... 39 225.0701 Total des posIes 17 40 - 18 - TABLF: 9. Mortgage Companns Quarterly Statements of Estimated Assets, Liabilities 1966 1967 41 3 No. 1 2 J 3 thousands of dollars 4 Assets 2 Cash on hand and demand deposits: In Canadian dollars: Cash and bank demand deposits ...................................... . 21,812 it Demand deposits in other institutions ............................. 4,822 31,049 927 29.899 1.792 38,234 3,243 25.732 4.591 31,998 21,684 5,744 5,564 2 Foreign currency ........................................................................... 150 113 217 397 201 100 102 3 Investments: Investments in Canadian securities: Canada treasury bills ...................................................... ......6,502 Government of Canada ........................................................109. 871 118,047 Provincial governments ......................................................44, 412 44, 104 Municipal governments ............................... .................... 9,699 9,971 Sales finance notes ............................................................ 1 285 5 Commercial paper ...................................................................11,098 1 858 J Bank term deposits ........... .............................................. ......5,451 Term deposits in other institutions 4,951 Corporation bnds ..............................................................28.047 24,005 Collateral loans ......................................................... 21,899 21,565 Mortgages and sales agreements: N.H.A. loans ................................................................... f 128, 128 Conventional mortgage loans ........................................... 5 1,940,624 1,820,608 Canadian preferred and common shares ............................ .....55,852 57,693 Foreign securities ....................................................................4, 186 4,252 Subsidiary and affiliated companies: """' 196, 889 195,385 ... c... 101,703 54,904 9,652 4,398 11,617 10,9134 5.517 26.700 27,320 5,882 120, 331 51,623 9,843 2,000 20,895 8,710 5,197 29.610 21,811 124,433 49,516 10,773 6,407 7,767 16,364 5,579 29,194 21,811 8,488 2,712 124,866 112.774 48,675 57,188 10,349 9,384 3,799 8,049 6.619 14.436 17.356 26.618 4,734 3, 155 27,568 32,403 21,375 23,897 132.209 1,825,089 60,954 4,073 131.266 1,849,948 67,340 4,709 133,782 1,898,614 67,741 4,550 130. 216 129,283 1,943,077 1,954,876 68, 128 67,428 4,928 5,573 197,239 194,625 191,653 207,668 205,454 1 • • b c d e i i ii iii iv v vi vii viii ix a i ii } 4 Interest dividends and rent receivable 3 21,806 20,048 21,778 21,891 24,048 22,333 5 Real estate and equipment ...................................................... .....55,957 58,917 60. 488 60, 355 61,919 61,645 61,478 6 Other assets ................... .......................................................... .....18,260 15,530 17,207 19,594 20,335 7 Total assets3 ...................................................................... 2,523, 578 2,570,147 2,601,990 2,667,391 2,702,853 21,041 22,L 2,772,420 Liabilities 11 12 13 a b Demand and savings deposits: Chequing ..................................................................................... 161,391 Non.chequing .............................................................................209, 364 164,849 219,289 169,519 220.073 175,045 229,680 170,701 234,095 152.084 144,188 245, 848 256,968 a b c Term deposits, original term of: Less than one year .............................................................. . ) One to six years ......... .......................................................... .. 1,455, 185 Over six years ....................................................................... ) 26,902 834,412 624,629 29,937 853, 567 632, 295 36,662 892,186 646,414 36,466 928,760 647,106 43,415 34,067 959,024 984.770 649,024 648,154 49,448 9724 438 50.095 43,066 14037 11920 • 148 350 a Bank loans: Canadian chartered banks: Canadian currency .....................................................Foreign currency ................................................................ I, ii Other bank loans ................................................................... j i 49, 903 ( 55,519 1 11,864 1 1,323 47,786 10817 947 39.445 2,623 128,428 95,048 83,418 87,008 68,904 78,686 79.761 15 Parent and affiliated companies 3 ..................................................... 176, 379 182,236 177,385 180,231 179,010 178,612 16 Deferred income 4 ...................................................................... 17 Accumulated deferred income taxes4 ............................. ........ b 14 18 19 hort term loans and notes payable ......................................... )ther liabilities 3 ....................................................................... 8654 500 224, 189 58,564 71,007 63,896 64,856 65,007 75,243 122,581 123,272 123,180 128,967 129,750 132,508 130,845 MinorIty Interest in subsidiaries 4 .......................................... Shareholders' equity Paid-in capital: 21 Preferred shares ..................................................................... a bCommon shares ...................................................................... 1 31,038 31,887 33.844 35,959 37,131 35,201 95,056 95,816 95,915 95,874 112.181 115.145 letained earnings' ..................................................................... 52,003 49,505 51,790 50,541 54,222 48,476 2,601,990 2,667,391 2,702,853 2,772,420 2,786,7I,4 22 lnvestmentreserves ................................................................... 23 Reserve fund ............................................................................... 24 25 1 J . 169,914 Total liabilities and shareholders' equity .....................2,523,578 L 2,570,147 I Prior to fourth quarter 1966, a number of companies reported investments in securities after deducting investment reserves. Currently, investments requested to be reported at original cost with investment reserves reported in item 22. 2 Some data not available prior to fourth quarter 1966. 'Prior to fourth quarter 1966, total assets excludes dividends, accrued interests, and other receivables. These receivables are netted against the cimbined liability items, interest, dividends, and other payables, and retained earnings. 'Some data not available prior to first quarter 1969. I - 19 - TAI3IFAU 9. Sociêtês de prêts hypoth1caires Jtats financiers trimestriels - Estimations de l'actif, du passif ct de la part des actionnaires 1968 2 N° milliers de dollars Actjf2 19,715 15.067 11.313 22.841 Encaisse et dépôts 'a demande: En dollars canadiens: 30,833 24,147 29.572 38.209 Encaisse et déptrts 'a demande bancaire .......................................... 30,236 55 1,232 3.214 DépSts 'a demande clans d'autres institutions .................................... 1.603 100 ii 3,301 12,059 8.922 Devisesêtrangères ...................................................................................... 2 Placements: Placements en valeurs cansdiennes: Bons du Trésor du gouvernernent du Canada.................................... Obligations du gouvernement du Canada .......................................... Obligations des provinces .................................................................. Obligations des municipalités............................................................ Billets des sociétés de financement des ventes ............................ Titres commerciaux.............................................................................. Dépôts 'a terme dans les banques .................................................... Dépöts a terme dans d'autres Institutions ................ ........................ Obligations des soclétés .................................................................... Préts sur nantissement ................ ........................................................ Hypothèques et conventions de vente: Préts de Ia Ioi nationale sur l'habitatlon ........................................ Préts hypothécaires ordinaires .......................................................... Actions prcvilégiées et ordinaires des sociétés catdiennes .......... Valeursétrangères .................................................................................. Les filiales et les sociétés af!iliées: Actions.................................................................................................. Avances, billets 'a ordre, etc............................................................. 3 4 2,466 9 115,569 115.318 53,641 47.921 8.406 8.701 8.159 19,071 2.916 9.064 28,612 29,053 5,097 5,000 30,139 30,670 22,982 28,970 99 121,978 117.001 46.933 47,816 8.381 8,092 10,570 13,040 1,624 11,161 30,019 34,699 4,955 5,024 21,1141 29,577 24,940 28,053 5,000 5 120, 090 121.332 47,025 45.621 7,877 6,997 7.461 4.149 3,584 3,871 16,472 3,866 6.628 5,081 32,222 32,203 28,017 27,281 132.245 147,112 1,984.809 2.037,740 70,5131 71.925 5,405, 5.475 152.128 168,782 2,082,988 2.087,325 71.295! 103,865 5.2651 5,890 172,6351 184,383 2,158,695 2,247.987 75,606 75.049 5.886 7.233 211,8331 211.642 a 149,654! 152.448 140.7881 131,983 214.234{ 1,6 ii Iv b c d e V vi vii viii ix S II ii 23,0681 24,044 25.3281 24, 102 25,4851 27,242 Intéréts, dividendes et loyers 'a recevolr3 ................................................ 60.855! 60.392 60.0941 51,257 61.7381 62,746 Biens immobiliers et outillage .................................................................. 5 27,232 27.461 23,584 31,729 31.629 32,095 Autreactif..................................................................................................... 6 521,, 'i5 2,917,376 2,976, 598 3.018,936 3,139,355 3,221,917 a Totalde l'actif' .................................. .................................................. 7 Passif 142,190 151,485 272,615 275.369 37,0031 42.5381 1,011.1281 1.049.437! 645,4461 646.067 39,9001 58,000 8.680 7.584 1,079 3,153 156.709 292, 835 41.365 1,091.930! 646, 784 I 37, 574 4.314 3,068 86,531 80,709 80,527 179,116 183.490 179.524 67,5531 76.0191 154,5471 163,9671 293,288. 267.696 87,283 48,638 44,298 1.110,3021 1.197.529 626,888 622.928 28,4851 32.443 3.225 13,964 4.209 3.0901 90. 131 96.422 189,644 176.959 4,567 4,937 12,453 12,570 103,726 76,307 2 DépSts 'a demande ou dépãts dans des comptes d'épargne: 11 Retraitpar cheque.................................................................................... a Retrait en argent seulement .................. ................................................. b DépSts 'a terme, terme initial: 12 44.386 Demoms dun an...................................................................................... a 1.230.038 D'un 'a six ans .......................................................................................... b 616,494 Deplus de six ans .................................................................................. C Emprunts bancaires: 13 Des banques charte canadienne: a 44.404 En monnaie canadionne ...................................................................... 13.435 En devises ëtrang'eres ........................................................................ Ii 3,680 Ernprunts des autres banques ................................................................ b 153,977 265,826 'a 115, 187 Emprunts et billets 'a court terme ............................................................. 14 198,48'? La société mere el les sociétés affili8es 2 .............................................. 15 5,543 Revonuditféré. ...................... ...................................................................... 16 12,676 lmpSt sur le revenu différé cumulé. .......................................................... 17 96,601 Autrepassif3 ................................................................................................ 18 19 Intéréts minoritaires dsns tes filiales' ................................................... 19 Part des actionnaires 59,017 131,756 134.658 136,021 135.984 40.591 41,762 42.385 42.447 41.570 114,059 118,393 122,505 121,556 116.449 47,631 48,912 53,774 49,964 52,470 2, 1426, 578 2.917, 576 2,976,598 3,018.936 3, 139,355 { Capital verse: 56.5H 21 ::..........:.::...:...:::....::..............., ...................:: 41,565 Reserves pour placements ........................................................................... 22 116,378 Fonds de reserve ......................... ................................................................ . 23 52, 191 Bénéfices retenus' ....................................................................................... 24 3,221,917 Total do passif et Is part des actionnaires ...................................... . 25 Avant le quatrlême trimestre de 1966, un certain nonibre de sociétés dCduisalent deleurs placements en valeurs mobilières les reserves pour placements, nienant, on demande de declarer les placements ou coUt d'origine, lea reserves pour placements étant dêclarées au poste 22. Disponibles seulement A partir du quatrieme trimestre do 1966. Avant le quatrlëme trimestre do 1966, l'actif total ne comprenait pan les dividendes, los intéréts courus et lea autres comptes i recevoir. On déduit ces ,rciptes 'a recevoir du total do passif, des intSréts, dividendes et autres comptes a payer et des bénéfices retenus. Disponibles seulement a partir do premier trimestre do 1969. - 20 - TABLE 10. Mortgage Companit's. Quarterly Statements of Estimated Revenues a I 1966 2 I I No.1 1968 19137 1 3 I I 4 I thousands of dollars I 1 1 I Revenues 31 32 Interest earned ..................................................................................... 4 1 , 432 Cash dividends received from: 1,011 41.985 41,208 42,334 43,551 45,506 43,479 3,850 762 1,124 1.050 4.072 1.759 33 34 Commissions earned from sale of real estate ................................... 217 Fees and commissions earned on estates, trusts and agencies.... } 223 223 258 380 248 251 36 37 6,382 Otherrevenueinciudingrents...,..,..,., ............:::::::::.:.:::::: } Total revenue ................................ .............................................. 49.042 6,126 5,956 6,289 6,170 6.371 6.291 52,184 48,149 50,003 51,151 56,197 51,780 28.706 472 131 28.096 785 118 28,648 575 136 30,001 621 133 31,081 320 118 29,614 585 126 1 Expenses Salaries and employee benefits' .......... ............................................ Salesmen's commissions' .................................................................. 27,865 Interest expense ................................... .............................................. Depreciation........................................................................................... 537 Amortization ......................................................................................... 228 Transfer to investment and other reserves' .................................... Provision for income taxes: a Current ...............................................................................................1, 3,050 .. ........................................... bDeferred ............. Other expenses .... ............................................................................... .12,102 48 43. 782 Total expenses .., ........................ 49 41 42 43 44 45 46 47 51 Net profit ................................................................................... 5.260 3,263 3,292 3.290 3,081 3,386 3.151 10,666 10.592 11.435 10,800 11.050 11,682 43,238 42.883 44.084 44,636 45,955 8,946 5.266 5,919 6,515 10,242 45,158 6.622 Some data not available prior to first quarter 1969. TABLE 11. Mortgage Companies Quarterly Statements of Estimated Retained Earnings 41 3 1968 1967 1966 1 4 3 2 1 thousands of dollars 52,003 49,505 51,790 50,541 54,222 8.946 974 5.266 - 106 5,919 367 6,515 203 10,242 121 6,622 96 4.270 485 1. 129 2.318 5,441 142 759 1.316 1.715 1,770 516 3,548 1,962 2,457 3,907 2.058 938 - 221 10.925 - 1.149 719 1.969 closing retained earnings' ......................................................... 52,003 49,505 51,790 50,541 54,222 48.476 61 Opening retained earnings' ................................................................. 50.285 50 51 Add: Net profit ........................................................................................... 5,260 Profit on sales or maturity of assets ............................................ .- 6 65 66 67 64 Deduct: Dividendsdeclared ........................................................................... 3,396 Transfers to reserves' .................................................................... Transfers to reserve fund' .............................................................. Other adjustments including unaccounted items' 68 Some data not available prior to fourth quarter 1968. TABLE 12. Mortgage Companies Quarterly Statements of Estimated Investment Reserves and Reserve Fund No. Is 1968 1967 1966 1 2 1 4' 4 1 thousands of dollars 1 Opening investment reserves and reserve fund' .............................. 105.129 126,094 127.703 129.759 131.833 149,312 Add: 2 Transfers from retained earnings .................................................. 3 Transfers from premium on shares ................................................ 4 Profit on sale or maturity of assets.............................................. 1,614 7 5,920 901 201 1.770 73 1,962 42 2.996 - 430 15,320 2,246 288 21 Deduct: 5 Actual investment losses .............................................................. 6 Other adjustments including unaccounted items ........................ 7 Closing investment reserves and reserve fund........................ 1.941 - 15,365 126,094 87 - 594 127,700 19 - 232 129,759 - 33 - 37 8 l9. 1,117 619 149,312 150,341i Some data not available prior to fourth quarter 1966 1 131.833 E - 21 - i . TABLEAU 10. Sociétés de préts hypothécaires financiers trimestriels - Estimations des revenus et dépenses 1968 1969 2 3 4 1 2 3 No milliers de dollars 46753 51.316 49,434 52,661 54,814 1,868 1,411 4,772 1 1,181 - 78 3 { 299 1,365 1 3 324 1,627 1 272 134 J 347 1. 7,434 - 127 8,085 206 61949 Re venus Intér5trecu ..................................................................................................... 31 Dividendes comptants reçus des 32 SocitêsauCanada ...................................................................................a . Soci5t8s hors du Canada ...........................................................................b Commissions provenant de Ia vente d'immeuble ...................................... . 33 Droits et commissions recus sur successions, affaires fiduciaires et 34 agences. Gains (moms pertes) sur ventes ou maturite d'actifs ............................... 35 Autres revenus y compris by era ................................................................. 36 Total des rovenus .................................................................................. 47.065 381 341 336 6, 102 6 , 32 7 , 241 55,416 54.832 63,665 58,620 62,312 64,003 4,504 2,453 33.659 571 127 1, 113 4,181 1,991 35.613 598 114 423 3.936 1,776 36,246 584 104 138 1 4.350 5,237 - 12 8,528 4,246 221 11,730 56,673 5,639 58,981 32,775 649 127 31.765 588 135 36,753 591 148 3,922 3,661 5.378 ' 299 7,312 11,411 12,815 12.308 48.884 6,532 48. 964 55,178 54.388 5,868 8,487 4.232 Disponibles seulement 5,022 . 37 Dépenaes Salaires et avantages sociaux 1 , ................................................................ . 41 Commissions aux vendeurs' ......................................................................... 42 Dëpenses en intérSt ....................................................................................... 41 Dpréciation ................................................................................................... 44 Amortissement ................................................................................................ 45 Transferts aux reserves pour placements et autres ....................................46 Provision pour intpôt sur le revenu: 47 Courant .a Differé ... ......................................................... b Autres dépenses ............................................................................................ 45 Total des dépenses ............................................................................... 49 Bénéfice net ...................................................................................... 51 a partir des premier trimcstre de 1969. TABLEAU 11. Sociétés de préts hypothécaires Etats financiers trimestriels - Estimations des bénéfices retenus 1968 1969 - 3 4 1 2 3 No milliera de dollars 48,476 47,631 48,912 53.774 49.964 52,470 Bénéfices retenus au debut' .........................................................................61 Ajouter: 6,532 5.868 8.487 4.232 5,639 5,022 Bénéfice net ...............................................................................................50 328 351 - 1,080 - 4 Gains sur vente ou maturité d'actif .......................................................51 DSduire: 2.260 4.371 4.063 3,359 5,341 5,444 Dividendesdéclarls...................................................................................65 5.558 1,196 419 - 217 175 - 60 Transferts aux reserves' .........................................................................66 - 1,500 - 691 7 500 - Transferts au fonds de reserve' .............................................................67 1,387 - 629 - 2.628 4,889 - 2,883 - 83 Autres rajustements, y compris les posIes inexpliques' .....................64 47,631 48,912 53.774 49,964 52,470 52, 191 Ilénéfices retenus I Ia rin' ...................................................................68 Disponibles seulement a partir du quatrième trimestre de 1966. TABLEAU 12. Sociétés de préts hypothécaires Etats financiers trimestriels - Estimations des reserves pour placements et du fonds de reserve 1968 2 • 1969 T- 1 4 3 1 2 3 No milliers de dollars 150,346 154,650 160,155 4,058 1,196 4,944 I - 4 1,110 3,330 205 - 210 675 - 60 7 3,277 78 - 30 12 Ajouter: Transferts dan benefices retenus .............................................................2 Transferts des primes sur actions ........................................................... 3 Gains sur vente ou maturité d'actif .........................................................4 7 638 V 4 .'i9 160. 155 11 - 101 1,128 40 39 - 366 9.866 - 11 Dé duire: Pertes réelles sur placements ................................................................. 5 Autres rajustements y compris les postes inexpliques .................. ....... 6 164.890 164.003 158.019 157.943 - Disponibles seulement a 164.890 164.003 158.019 partir du quatrième trimestre de 1966, Reserves pour placements et du fonds de reserve au debut' .................. Reserves pour placements et dii fonda de reserve a Ia fin ............... 7 - 22 - TABLE 13. Mortgage Companit. Quarterly Estimates of Movements of F 1966 3 No. 4 1 2 3 4 thousands of dollars Sources' Internal: Profit (before taxes) ......................................................................... 8,3 Depreciation.................................................................................... Amortization....................................................................................... 2 2 3 7,258 784 119 9,183 574 137 6.837 620 134 13,613 319 119 9,537 584 123 92 5.887 683 18,078 583 3,458 2,075 4,670 784 5.526 9,607 3.035 6.725 30,758 19,155 38.619 10268 472 131 External: 4 ; Paid-in capital ..................................................................................2 .. 5 6 Demand deposits: Chequing.......................................................................................... - 4.5 Non-choquing ................................................................................. ....11.3 Term deposits: Less than one year ...................................................................... One to six years ............................................................................. 8 9 - 20,1 .1 Oversix years ............................................................................... Canadian chartered bank loans: 698 10 11 12 13 Canadian currency .......................................................................... - 8,5 Foreigncurrency ..............................................................................2 Otherbank loans 2 ............................................................................ Short term loans and notes payable ................................................ - 7.1 14 Parent and affiliated companies ..................................................... 5.616 10.564 - 1 7.7 Interest, dividends and other liabilities ........................................ j 15 22. 476 28, Total of Items 1 to 15 ................................................................... 16 33.380 - 4,344 4.415 - 383 7,247 196 36,574 30.264 14,119 1 692 1.918 8.341 2,163 - 447 3,590 10,003 1,070 - 62 - 18.104 647 4.313 - 290 9.782 1. 7.666 7,733 1,047 - 376 - 11,630 - 6,949 - 7,896 11,120 - - 9.348 25,746 - 870 1 5.857 - 4.851 2.846 - 1,221 7,029 2.117 202 972 - 393 12. 443 - 7.111 960 - 1,280 10, 23. 40,893 71,054 42,128 76,347 31,44 1i 3.577 3,936 10.959 3,076 3.383 12,502 1.348 6,266 1.153 - - - - 48,986 - Applications' 17 Dividends................................................................................................. 3. 3 4,210 5,510 18 Income taxes payable .............................................................................3. C Cash and bank demand deposits .......................................................... - 14. C 3,263 3,287 1.744 3.285 1,150 8.335 - 3,895 865 37 6.502 104 - 6.502 1,451 180 - 8.176 - 19 23 Other demand deposits ........................................................................... Foreigii deposits .................................................................................... - 2. C Canada treasury bills ............................................................................ - I Government of Canada . ...................................................................... .. - 8.6 24 25 Provincial governments ........................................................................ Municipal governments ........................................................................ 26 27 Finance Companies notes .................................................................... Commercialpaper ................................................................................ 28 29 Bank term deposits' ............................................................................. Term deposits with other institutions' .............................................. 30 31 Corporationbonds ................................................................................ 20 21 22 32 33 34 35 - - - Interest and rents receivable' ............................................................ . - Totalofitenssl7to39 ............................................................... 'Refer to text page 49. Some data not available prior to first quarter 1967. Some data not available prior to fourth quarter 1966. 2 - - 3.787 - 191 2.398 319 5.513 566 2.695 4,042 334 5.755 - 8.212 1 4,081 1.841 66 - 1.504 21.806 9.278 - - - 196 2,513 930 4.407 - 13,128 2,254 7.654 320 2.910 382 416 - 5.509 - 943 2.516 4,481 24.859 3.261 179 6,386 636 48.666 401 - 1,854 1.758 - 2.614 1,730 2 433 1.527 - 424 2,608 - - 12.092 8.630 - - 965 4,250 - 7,817 1,148 992 845 1,626 - - - - - 9,262 1,579 4.835 2.522 436 3.566 44.463 5,776 - - 2.972 378 16.015 - 113 2.155 159 933 11,799 387 - - 101 8,488 - 5,882 4.102 - - - - 3.129 10.314 - 180 - 700 645 - 114 1,713 3,432 2.355 441 2,184 45 417 1.825 944 2,943 540 534 1,541 48,986 40.893 71,054 42.128 76,347 31,445 Real estate and equipment ..................................................................1, 5 Other including unaccounted items ...................................................... 2,) 40 11.002 11.617 - 1. 2 5.882 18.628 16,344 5.451 4,951 49 1 Conventional.................................................................................... Canadian preferred and common shares ............................................ ...., C 37 6,901 - 3,255 National Housing Act ........................................................................ 36 39 1, C - - 272 Collateral loans ............................................................................... Mortgages: Foreign securities .............................................................................. Subsidiary and affiliated companies ................................................ 38 - 9,237 - - 23 - 1'.%BLEAE' 13. Sociétés de prts hypothécaires Estimations 'rimesirielles des mouvernents de Ia tréso!erie 1969 2 3 4 1 - 2 3 No milliers de dollars Provenance' intome: 9,523 588 135 10,335 649 127 13.854 591 148 8.818 571 127 9,339. Bênéfice (avant impOt) ............................................................ ....... 584 Dépréciation .................................................................................... 2 104 Amortissenient ................................................................................ 3 11,374 598 114 Exteme: 711 8.8871 5.747 698 7.995 5.721 15,647 2.754 17,963 2.936 6.516 38,309 1.1551 84.320 - 2,162 9,420 453 25.592 - 26,358 2,708 1.173 42,493 - 3,233 3,308 7.459 18,372. - 10.0151 4.340 87,227 - - 3.960 - 3.755 Capital verse ................................................................................ 4 Dp0ts a demande: - 9.990 Retrails par chèlue .............................................................. 5 - 1,870 Retraits en argent seulement ........................................... 6 Depots a terme: 88 Moms dun an ------ -- -- ----------------- 7 32,509 Un a six arts ............................................................................... 8 - 6.434 Plus de six ans ........................................................................... 9 Emprunts des banques - 3.166 - 3,240 18.455 - 729 6.770 - u-i - 7 tub -17 264 - 20.064 - 8,444 3.958 3.270 - 1.089, 10.739 1,096 - 2,074 - 85 22 1.119 5,807 4,374 182 - 3.966 11.994 10,120 - 6.910 12.685 8,669 10,350 29.733 - 27,667 - 104,609 1 71,435 a charte: 11.257 En monnaie canadienne .............................................................. 10 - 529 En devises étrangères - -- 11 - 529 Emprunts des autres banques ..................................................... 12 18.765 Empbun's et billers a couit tenfle .................................................. 13 21. 528 Les sot iétés mères et les sociétés aIfiliées......................... 14 20.501 Intérêt, dividendes et autres passif ... 15 91,568 Total des posies I 67, 114' 141,53% a - - 16 15 Emploi' 4. 402 2,289 3.918 - 1.969 5,749 1.501 - 246 2.795 3, 246 - 978 110 - - U. 520 1.994 1,942 - 2. 264 915 - 2,962 29,683 2.790 11.528 - 1.503 - 15,766 7.395 90 6.660 - 1,306 6.591 321 10.912 441 97 - 14,867 57.022 1.641 70 - 1,177 3. 139 8.758 99 4.9771 51000 1.982 Autres depOts a demande.................................................................. .......... . ... ...................... 3. 137 DepOts a t'etranger.................................... - 4.995 11 Bons du Trésor du gouvernement du Canada .............................. 3,089 1 791 - - - 215 5.579 1. 2421 Obligations du gouvernement du Canada ...................................... 1,404 Obligations des provinces ................... .............. ............................. Obligations des municlpalites ........................................................ - 880 - - 7.577 - - 883 289 2.470 - 966 22 4.680 69 - 1, 537 597 4.024 5.016 46.541 - 783 26 1,577 207 1,284 511 5.402 809 17 264 104,609 - 6. 227 30, 181 9,699 191 6.674 735 - 7.602 - 531 6.213 320 8.501 - 6, 148 - - 62 251 - 3,113 16,654 8. 256 32.074 , 625 10,417 - - - 10.438 71.435 67, 114 18,277 1.604 2.645 - 36 3.853 71.370 - 1.036 4 51.653 - 1.383 11.079 - 2.614 141,535 rire de se référer au texte, page 49. :)Iponib1e seulement a partir du premier trimestre 1967. )IspOflibleS seulement a partir du quatrième trimestre 1966 3.312 Billets de sociétés de financement des ventes ........................... 287 Titres commerciaux 12.606 DepOts a tense bancaires' ................................................................ 1.547 DepOts a terme dans d'autres institutions' ............................... ..... ................................ ........ .................... Obligations des sociétés..... - 19 - - 736 Pr8ts sur nantissenient ............................................................... Hypothèques: Loi nationale sur l'habitation ................................................... 11. 148 Ordinaires .................................................................................... 89,292 Actions privildgiées et ordinaires cenadiennes ........................... - 1.176 - - 1. 226 1. 125 3.684 - 5.341 1 5. 444 Dividendes ........................................................................................ 5,237 4.2461mpOt surle revenu a payer .......... ..... .................. ............... ..... .... 5.425 8.637 Encaisse et depOts a demande bancaires ...................................... 3,359 4.649 5.378 2.457 - - 4.063 , 210 3.558 - 168 - 3.657 4,647 - 1.347 Valeursétrangères ............................................................................ 6.011 Les filiales et les sociétés affiliées ............................................ 1,757 Intérêt et loyers a recevoir' ............................................................ 1.665 Biens immobiliers et outillage ........................................................ 344 Autres y compris les posIes inexpliqués ...................................... 91,568 Total dos postes 17839......................................................... I 'tltI.I Il. 1 ec.iI f rtdjt I of Estimated Assets, Liabilities . - 19611 1967 1 No, 2 3 1 4 thousands of dollars Assets (osh and demand deposits: Onhand ... ........................................................................................................ .42,696 In bank.s ............................................................................................................ 28, 803 In centrals ........................................................................................................ 272,209 Other ................................................................................................................... 14.855 45.832 26, 172 285.475 10.552 46,236 28, 223 303.866 10.941 48.878 29.612 269.232 10.71'? 44.869 28.555 274.967 12.500 Investments: 10 4 ,90 2 102,246 101,762 99.334 101.716 44 . 140 Government of Canada ................................................................................... Provincial governments .................................................................................. 70 . 0 5 1 259, 669 Municipal governments ................................................................................... 48. 121 Shares in centrals ........................................................................................... 22 . 098 Religious institutions ................................................................................... 12,840 g Hospitals ......................................................................................................... 44.389 46.517 48.019 40,473 71,280 262.205 47,802 26,229 15,373 75.401 273.597 48.053 26,890 15,718 78.242 280.735 47.951 27.744 15,959 49.687 56.589 58.638 59.916 Personal ....................................................................................................... 967.213 Farm ............................................................................................................. o-operatives and other enterprises ......................................................... :v Other ............................................................................................................. 73,472 1.037,606 78,197 28,000 64,817 1,079,666 80.574 1,094. 322 82,212 28.283 59,469 28,487 55.899 77,625 27.233 62,208 798,883 60,640 831,331 861,893 68.401 896.824 79,54: 25,939 Term deposits ................................................................................................. 85,415 288,545 49,414 28.844 16.865 62.976 :1 Loans: a Cash loans: 25. 609 58. 456 1.116.195 h Mortgage loans: Dwellings ..................................................................................................... 769.047 Farm............................................................................................................. 59.726 Co-operatives and other enterprises .......................................................21. 447 Other ............................................................................................................ 15.176 25.473 16,003 63.438 22.754 17.445 18,945 30, 067 22067 Fixed assets: 1 Land and buildings ......................................................................................... 79 , 758 Equipment and furniture ................................................................................. 1 6 , 853 Other assets 2 .......................................................................................................18.840 81.733 18.692 81,859 85,112 86.984 21.510 21.734 19,739 20,129 22.283 22,616 23,355 3.075,668 3,223,927 3,342,300 3,381,566 3,479,859 Interest............................................................................................................. 1,269 1,559 24 1.986 1.596 2,075 Dividends......................................................................................................... 18 Other................................................................................................................. 3,971 4,942 977 5,452 17 5.275 5,386 88,172 9.506 4,309 86.429 10.599 4,275 92,770 9,771 3,733 89.359 8,261 5.036 Ordinary ........................................................................................................... 1,469 , 865 Term ................................................................................................................. 164. 708 1,536.241 177,802 1.602.855 187,728 1,592,428 1,647,463 194,086 212,243 14 OIh liabilities ................................................................................................... 3.330 3,621 2.576 1.561 4.223 .7.7 share capital ....................................................................................................... 1.174. 175 1 7 Reserves ............................................................................................................... 133,923 .72 Undivided earnings ............................................................................................. 51,011 1.201,034 1.228.027 137,825 58.892 139,403 71.993 1.252.141 142.150 86,038 1,303, 113 151.583 51.0111 Total liabilities and members' equities .................................................3,075,668 3,223,927 3,342,300 3,381,566 3,479,859 hilities Loans payable: Centrals ........................................................................................................... 60, 804 Banks............................................................................................................... 7.091 Other................................................................................................................. 5.503 26 Deposits: Members' equities Fixed assets ar shown after deduction of ositmu lated diprecial I Ott. .. ...... ..... ...... . - 25 - 'I BLE.t(! 14. Caisses locales d'épargne et de crediL Etats financiers trimestriels - Estimations de l'actif, du passif et de i'avoir des sociétaires S 58 2 1 3 1969 4 1 2 3 No milliers de dollars Actif 49, 842 27.917 281,242 47.832 27.181 283,869 56,620 32.575 295,465 46,456 29,589 318,906 52.395 27,843 342.022 53,069 27.435 345,556 14,992 13, 174 12,533 15,565 16,850 16,197 En caisse et dépôls a demande: 1 En caisse .....................................................................................................a Dana les banques ......................................................................................b Dana les caisses centrales .......................................................................c Autres ............................ .............................. ................................................ .d Placements: 110,271 106,319 109.354 112,112 91,251 104,441 38,846 84, 142 39,830 41.669 39.027 40,435 43,031 78,600 97,567 285.153 96,926 99,365 298,404 293,740 49,887 85,356 292,625 289,701 48.735 33,074 31,354 49,647 29, 128 17, 033 64, 275 17, 107 16,621 14,955 64. 144 61.091 57,646 49,640 27,311 288,422 49,953 49,228 DéP&S a terme ......................................................... ................................... 2 a Obligations du gouvernement du Canada .................................................b Obligations des provinces ........................................................................ . c Obligations des rnunicipalitis ................................................... ............. .d . 27,747 29,195 Parts sociales dans les caiases centrales .............................................e Institutions religleuses ............................................................................ 15,986 73, 184 16,163 62,456 Hôpitaux .......................................................................................................g Autres .......................................................................................................... Préts: Préts sur reconnaissance de dette: 3 a 1,177,518 81,895 1,207,627 1,247,361 1.223,51.2 1,292,322 1,331,417 87,746 93,829 77, 332 1,096 28,604 30,558 81,286 85,185 28,706 26.787 87,801 29,422 59,179 56,629 54,183 59,310 60.061 .'o, 982 950, 601 87.999 965,150 994,841 83,643 82,431 1,022,018 4,940 956,942 88,567 '.269 32,200 27,002 33,483 33,237 2,919 32,362 26,917 24,797 27,147 82.861 32,311 26 , 289 88.863 91.121 90,292 92,148 94,157 91.233 23,415 28,714 29,303 28,417 29,048 24.478 24,079 27,579 28.938 28,044 28,321 30,684 Autre actif1 ........................................................................................................ 5 3,612,849 I 3,684,661 J 3,757,659 3,737,296 3,875,800 3,963,115 Total de l'actif ........................................................................................ 6 Personnels .............................................................................................. Agricoles ................................................................................................ it Cooperatives et autres entreprises ....................................................... iii Autres ...................................................................................................... I iv Préts hypothécaires: b Habitations.............................................................................................. TeMs ................................................................................... Cooperatives et autres entreprises ...................................................... it ....iii Autres .......................................................................................................... iv ImmobllisationsL: 4 Terrains et bátiments ................................................................................... a MatCriel et mohilier ........................................................................................ b Passif Comptes 2,435 2,741 1,703 2,076 5 1,154 107 1.361 1,938 153 5.516 6.078 6.374 2,982 4.699 108,032 115,409 116,158 104,963 13,959 13.841 10.714 9,807 117,730 2,471 219 5,346 a payer: 11 IntérSt ............................................................................................................. a Dividendes ..................................................................................................... b Autres ............................................................................................................. c a payer: 12 Centrales ...................................................................................................... ..a Banques .......................................................................................................... b Emprunts 5,313 6,846 6,615 6.582 13.595 9,233 101,466 13,000 14,799 Autres .......................................................................................................... ... c DepOts: 1,720,829 1,746,559 1,768,535 1,776,376 13 DepOts àvue ...............................................................................................a .. tere rn ............................................................................................... b DepOts a 229,626 240,504 262.267 285.128 1,850,441 308. 182 1,959,793 339.245 2.629 1.470 1.711 7.146 7.388 6,112 1,326,239 173.584 1,259,991 176.173 Capital social ................................................................................................. 20 R6serves .......................................................................................................... . 21 62,618 84,500 BénCfices non repartis ................................................................................... 22 3,963,115 Total du passil et de l'avoir des sock'taires ..................................... 23 Autre passif .................................................................................................... ..14 Avoir des sociétaires 1,308,936 153,661 1,310,733 156,759 1,326,334 160,717 61,908 82,567 96.424 t.e1 &8493684.661 j 3,757,659 1,315,851 166.174 58.850 3.7372963.875J DCduction faite de l'amortissement ac'cumule. V compris lea depOts du fonds de stahilisation. I ' 111.1. 13. ( entral I r,'rlt I I riiun i> of Estimated Assets, Liabilities 1967 thousands of dollars Assets ish and demand deposits: Onhand .......................................................................................................... Inbanks .......................................................................................................... Incentrals ...................................................................................................... Other................................................................................................................ 11.186 43.945 9,561 3,214 8,308 54.302 11,388 3.806 7,347 69,138 9.852 2,463 9.763 44.540 9.630 2.855 8,671 76.295 15,962 3,387 Termdeposits ................................................................................................ 49,718 36.938 43.966 12,905 15.980 Government of Canada ................................................................................ 24,362 23.750 24.103 26,660 24.661 Provincial governments ................................................................................ 59095 61081 61.714 62,648 64.280 Municipal governments ................................................................................. Shares in other centrals ................................................................................ Religious institutions .................................................................................. Hospitals........................................................................................................ hOther ................................................................................................................ 55,451 370 13,472 7,454 16,747 58.169 669 14,269 7.910 16.683 55.645 669 13.872 7.703 15,940 59,197 718 14.771 8.341 17,005 • 57.829 719 11,794 5,034 23,350 Creditunions .............................................................................................. 66,044 94.458 93,713 100.922 96.917 Co-operatives and other enterprises ........................................................ 11.081 25,116 11.899 25.470 14.227 24,644 13.325 29,643 31.618 24.179 25,959 27.750 26.035 29.308 6.143 6.320 6.859 4,599 4,607 5.508 6.946 4,729 Landand buildings ........................................................................................ Equipmentand furniture ............................................................................... 3.718 905 3,944 935 4.388 839 4,604 861 1,Oi Otherassets ...................................................................................................... 2.245 2.100 2.469 1,932 2,205 Totalassets .............................................................................................. 459,499 461,949 508,324 459,148 473,609 1,404 495 2.898 2.261 607 2,280 3,211 2,700 886 578 246 629 1,450 540 517 9.797 21,049 20.335 23.891 26,870 22.214 21.829 18,954 22.949 247,280 12.346 235.551 12.927 268.826 19,745 229.449 17,254 242.644 14,548 95,266 6,069 94.561 96,067 96,444 96,679 6.195 5.641 5.878 6.939 646 733 697 803 Investments: Loans: Cash loans: Other... ........................................................................................................ Mortgage loans: Creditunions .............................................................................................. Co-operatives and other enterprises........................................................ Personal... ................................................................................................... Other............................................................................................................ Fixed assets:' 14.190 7. -. - I Liabilities Accounts payable: Interest. .......................................................................................................... Dividends....................................................................................................... Other................................................................................................................ I Loans payable: Banks.............................................................................................................. Other................................................................................................................ 20.149 Deposits: Ordinary: Localcredit unions .................................................................................. Other........................................................................................................... Term: Local credit unions .................................................................................. Other............................................................................................................ ............ .. ...................................... 45.307 45.350 Other................................................................................................................ 2.651 2,555 45.714 2,577 46.578 2.616 47,470 2.882 Reserves............................................................................................................ 11.444 11,652 11,750 12,628 12.860 2 Undivided earnings ........................................................................................... 2.775 3,138 3,512 3.246 3. 17t Total liabilities and members' equities ............................................... 159,499 461.949 508,324 459,148 473,609 Local credit unions ..................................................................................... .. :. - i.-s:•- I - 27 - T.BLFAC 15. Caisses centrales d'épargne et de credit 1:tats financiers trimestriels- Estimations de l'actjf, du passif et do I'avoir des caisses membres 1968 1969 I 2 3 4 1 2 3 ae Encaisse et dépôt a demande: Actif 16,740 12,541 21,713 21.825 19,578 18,829 38,595 12,385 69.482 59,231 58,146 69,700 70,552 14,918 3,531 17,195 17,364 4,530 13,006 13,008 8.161 7,895 Autres .............................................................................................................. 2.968 3,926 N En caisse ........................................................................................................ Dana lea banques ............................................................................................ Dans les caisses centrales ....... ................................................................... a b C C 12,095 11,705 14,088 14,638 21,372 25,653 25,777 66,060 26,315 26,330 28,427 22,019 28,463 Placements: DepOts I terme ................................................................................................ Obligations du gouvernement du Canada .................................................... 63,587 62,969 74,095 73,211 Obligations des provinces ............................................................................ C 61,007 61,270 739 58,206 57,727 1,089 ObligatIons des municipalitOs ...................................................................... Parts soci ales dans lea caisses centrales ................................................ Institutions religieusea .................................................................................. d e HOpitaux .......................................................................................................... 8 h 64,046 59,327 597 60,790 591 12,044 5.061 12,879 5,383 24,968 23,433 764 12,252 5,454 12,278 5,424 22,846 23,725 755 9.467 6,586 24,490 9,478 6.576 27,700 119,772 122,092 16.410 28,575 27,197 16,141 28,842 33.373 30,785 26,247 1 '1)7 7,188 6.190 4,486 4.574 a b Autres .............................................................................................................. Prêts: 115,089 16,022 2 3 PrOts sur reconnaissance de dette: Caisses dépargne et de credit ................................................................ Cooperatives et autres entreprises ..................... .................................... 106,02 15.4C 130,045 17,074 28,15 31,280 116,412 17,646 31,331 64 446 346 Caisses d'épargne Ct de credit ................................................................ 30,31 29,697 28.770 Cooperatives et autres entreprises ............- ........................................... 6,15 6,207 6,611 Personnels .................................................................................................. 4,41 5,230 4.871 a II Autres ...............................................................................- ........................ Préts hypothécaires: b it Iv Autres .......................................................................................................... Immobilisations': . 106 5,797 5,807 5,8( 6,314 1, 033 994 985 91 1,039 7,038 1,191 Terrains et bItiments .................................................................................... Materiel et mobilier ........................................................................................ 2,155 2,315 3,092 3,15 3,634 3,866 Auto' actif ............................................................................................................ 487,336 524,354 520,028 5103€ 564,809 554,629 Total de l'actil ........................................................................................... Comptes It payer: 2,349 3,461 I 3,735 I, 2,588 3,720 843 902 296 45 551 776 354 731 251 3€ 739 672 33,913 19,244 21.462 14, & 15,54 34,836 23,647 34,792 31.077 28,737 14,760 237,156 264,400 277.353 277,0 297,582 294,841 15,408 16,873 17,633 15,61 23,306 23,185 99,313 96.945 6,680 103,970 107.41 93,303 98,285 6,637 6,185 7.9] 13,146 13,654 714 693 2,755 1,5: 2,044 1,856 6 Passif 11 a payer: 12 Banques............................................................................................................ a AutreS.............................................................................................................. b DepOts: 13 a DepOts a vue: Caisses d'Cpargne et de credit ................................................................ Autres.......................................................................................................... It b DepOts a terme: Caisses d'épazgne et de credit ................................................................ Autres.......................................................................................................... II Autrepassif .....................................................................,, ................................ 14 Capital social: Avoir des caisses membres 20 Caisses dépargne et de credit .................................................................... a Autres.............................................................................................................. b 11)1 2,990 47,587 2,539 673 136 52,945 133 I .3)2 13,462 14,307 14,505 15,185 16, 711 :103 3,503 2,711 2,726 3,629 4,354 Bénéficesnon répartis ....................................................................................... 22 487,336 524,354 520,028 564, 809 554,629 Total du passif et de l'avoir des caisses membres .............................. 23 II 516 1, 47,845 49.966 Déducti Dn faite do 1 amortisseme at accumu1. 52,710 b IntérOt.............................................................................................................. a Dividendes...................................................................................................... b Autres.............................................................................................................. C Emprunts 25,054 a Reserves.............................................................................................................. 21 - 28 - TABLE 16. Sales Finance and Consumer Loan Companies Quarterly Statements of Estimated Assets, Liabilities, and Shareholders' Equity 1966 1967 4 1 19f 2 3 j 4 1 thousands of dollars 1 a b 2 3 4 ii a i I ii iii iv b C d Assets Cash on hand and on deposit: In Canadian dollars: Cash and bank deposiL ........................................................... .83,575 In other institutions ................................................................. ...1,266 In foreign currency ....................................................................... 22, 884 Accounts and notes recotvable.................................................... 3,609.729 Other current assets ............... . ........................................................ ... ..10,038 Investments and advances: Investments in Canadian securities: Short term notes of finance and other companies ............... .31, 982 63.553 1,571 43,669 3.744,199 6,954 73,046 3,522 35,830 3,757. 148 8,593 45,457 1,671 34,377 3,851,991 9.346 35,409 2,982 37,120 3,791,777 9,523 65,804 572 40,669 3.949,878 7.470 45,975 940 49.643 4.002. 327 7,313 10,937 33,127 10.185 14.116 25,891 9.448 1,055 20,129 6.527 22,228 1,087 17,496 5,066 21.454 5,065 19,399 8,257 8.336 4,952 35,460 52,306 44,130 49,669 42,151 8,458 3.169 8,976 3.346 8,366 11.300 8.377 68 8,184 129 ..383,598 388.592 Canada treasury bills ......................................................... ....1,536 Other Government of Canada debt ..........................................31. 950 Pro and and 15.702 } Investments in preferred and common shares .............................8,717 Investments in foreign securities .......................... . ................... .....4,147 Investments in subsidiary and affiliated companies: i 25,589 387,446 359.149 293,955 273,801 261,057 35,541 36,383 36,403 36,360 21,014 21,860 32,021 33,944 33,655 32,193 31,418 32,454 4,374,171 4,437,310 4,475,617 4,335.804 4,501,151 4,505,945 735,519 746,179 757, 162 682,514 698,783 691,601 325.491 77.381 244.815 46,171 259,219 46,181 238.675 46.261 319.797 39. 193 302, l.H 25, o 898,318 92.941 977 1,005,875 95,125 1,669 965,158 81.565 1.473 901,692 92,253 1,383 865,029 117,107 1,094 21,829 157,685 21,147 166,983 19,724 163.788 24.078 136.565 24.583 158.033 22,948 106,287 48,766 6,261 46,411 7,090 48,971 9.623 49,903 6,775 48,490 6,537 44,961 12.969 890,460 376,085 3,245 915,460 381,283 3,122 953,008 372,479 2.847 959,716 373,121 2,471 1.001,099 380,701 2,385 942.585 375.863 2,408 265,916 1,787 194 279,385 1,790 191 301,234 1.555 1.057 319,462 1.246 337 332,327 1,007 255 335.761 1.218 244 356,126 363,045 360,227 } 7 Land, buildings and equipment .......................................................... 34,808 Unamortized debt discount .............................................................. , 31,926 Other assets .................................................................................... 8 Total assets ............................................................................. 4,272,852 1 2 Owing parent and affiliated companies ......................................... 694, 290 Short term bank loans: Bank loans and overdrafts (Canadian dollars) ......................... 262,679 Other bank loans ..........................................................................68,258 Short term loans and notes payable: Demand and short term notes (Canadian dollars) .................... .. 950, 198 Demand and short term notes (foreign currency) ........................ 82, 557 Other short term loans ...................................................................... 810 Accounts payable: Income and other taxes payable .................................................... 22, 446 Other payables ............................................................................... 136,359 Other current liabilities: Dealers' credit balances ................................................................ 49. 782 Other current liabilities .............................................................. .... 6,237 Long term debt: Debentures, bonds and notes (Canadian dollars) .................... .. 879. 614 Debentures, bonds and notes (foreign currency) ...................... 376. 315 Mortgages and other long term debt ..................................... .... .....3,206 Other liabilities: 5 6 - Liabilities a b 3 a b c 4 5 6 a b a b a b c 7 264, 923 :::::::::::::::::: } Pensions, trusts or earmarked funds ......................................... 327 Interest of minority shareholders ...................................................... 283 c d 1,041. 91, 824 Shareholders' equity 1 Share capital: 344, 126 349,173 349,516 355,791 2 Retained earnings .............................................................................. 130,442 122. 143 125.098 134,782 143,226 141.686 146,356 3 Total liabilities and shareholders' equity ............................ 4,272,852 4,374,171 4,437,310 4,475,617 4,335804 4.501,151 4,505,945 1,184, 000 668,000 424,000 1, 142.000 640,000 465.000 1,182,000 665,000 437,000 1,161,000 663,000 306,000 1.105.000 632.000 446,000 1,067,009 637,000 500,000 2,276,000 2,247,000 2,284,000 2,130,000 1 2.183,000 2,204,000 74.000 1,089,000 72.000 1,114,000 74,000 1,166,000 75.000 1,189,000 78,000 1,000 79,000 1,298,000 1,163,000 1,186,000 1,240,000 1,264,000 1,303,000 1,3T7,000 394, 148 d 469,777 3,863,777 - 72,000 490, 727 3,827.148 - 70,000 399,991 3,923,891 - 72,000 532,878 Totalreceivables ............................................................. 3,678,729 Allowance for bad debts ............................................................. - 69,000 375, 199 3,814,199 - 70.000 4,018.878 - 69,000 e Total receivables (net) ................................................... 3,609,729 3,744,199 3,757,148 3,851,991 3,791,777 3,949,878 4,071,:t27 - 69. ft 4,002. 127 b Common inciuthng ..11 ...id .. surplus a it iii iv v vi viii C } Footnote: 1 b :::::::::::::::::::::::::::::: Specified receivables:' Sales finance companies: Consumer goods .................................................................... 1,204,000 Commercial and industrial goods ......................................... 682, 000 Wholesale goods ..................................................................... 288. 000 Total .................................................................................. . 2,174,000 Consumer loan companies: Instalment credit .................................................................. . .72,000 Cash loans ............................................................................ 1,058,000 Total .................................................................................. .1,130,000 Other receivables' ....................................................................... 374, 729 Detail of "Specified receivables" is taken from UBS publication, "Credit Statistics" (Catalogue No. 61-004). "Other receivables" includes capital loans, other non-personal loans receivables of subsidiaries engaged in other activities and sampling errors. [I: - 29 - I 'HLEAU 16. Soclétés de linancement des ventes et de prts aux consommateurs Etats financiers trimestriels -Estinmtions de l'actif, du passif, et de la part des actionnaires 1968 1969 iT No milliers de dollars Actif 10,010 355 18.900 4,2:26, 996 12,538 57,874 36,668 680 499 51,334 58,251 4,159,795 4,422, 483 13,264 7,771 4.452.652 - 33,7'?? 1,346 63,595 4,675,399 - 35.249 54,044 14,393 60,622 59.458 24.400 - 18.157 28,281 27,779 26.984 .595 47. 227 1 13,322 8,249 8.166 7.868 378 3.283 280 1,595 27,776 8,700 5,325 8,324 358 1i, 85,585 83.888 202,074 23,773 23,656 13,386 25,337 21,734 13,670 • 101 8,234 3,844 61, 396 258. 942 247. 593 32.536 715 54,170 183,032 22.171 22, 169 22.721 31,597 34,384 32.861 4.7 55,791 4,719,687 4,926.896 5,006,839 95,279 686,834 714.934 18, 743 1.735 Encaisse et dêpôts: 1 Dollars canadiens: a dpóts bancaires En caisse et .......................................................... 29.488 4.520 Dans d'autres institutions .................................................................. ii Devises étrangêres .................................................................................... b 71.392 4,851, 007 Comptes et billets 8 recevoir. ...... .... ........................................................ .. 2 - Autres disponibilits ....................................................................................3 Placements et avances: 4 Placements en valeurs canadiennes: a Billets 8 court terme des socits de financement et autres 55.011 socits, 3.849 Bons du Trsor du gouvernement du Canada.................................... Obligations du gouvernement du Canada .......................................... ... iii 27,800 Gouvernemenls provinciaux et municipaux, directs et garantis iv 376 Obligations de 'ocitts .......................................................................... v 9,411 Placements en actions privi16gies et ordinaires ................................. b 8,676 Placements en valeurs 6trangères ........................................................... c 381 Placement dana ins filiales et lea soci8ts affilies: d Actions .................................................................................................. 85.471 Avances, billets ordre, etc . ............................................................ 8 221,566 24,495 Immobilisations ............................................................................................... 5 24.658 16,729 Dêpense et escompte sur Is dette amortie................................................... 6 Autre seth. .................................................................................................... .. 7 5,232,356 5,434,830 Total de I'actlf ...................................................................................... 8 735,990 820,254 848,493 188.992 293,032 17,816 18.638 174.194 26,983 255,846 54.185 235.746 47.590 :1,358 475 902 1.204,035 1,209,241 72, 109 101, 663 268 422 1.326,002 123.321 - 1.203.753 160,606 - 1.345,812 156,215 - _'O, 175 67.326 24,664 18,377 169,649 168,063 13,912 34,549 16,340 30,819 19,597 32.745 Dette envers is socité mere et les socités affi1ies ........................... 11 Emprunts bancaires I court terme: 12 Emprunts et dt!couverts dans les banques (dollars canadiens) ........... a Autres emprunts bsncaires ....................................... . ............................. ... b 8. terme et billets I payer: Emprunts court 13 Billets I demande eta court terme (dollars canadlens) .....................a .. Billets I demande et I court tense (devises trangères) ............. . .... ... b Autres emprunts I court terme ................................................................ ... c Comptes S payer: 14 lmpSt sur le revenu et autres impOts I payer ...................................... .. .a Autres comptes I payer ............................................................................ b 47.465 17.669 48, 178 46,440 22,602 11.672 45.043 163,710 48, 138 164,649 51,747 196.180 Autres exigibilits: 15 Soldes crditeurs des marchands .......................................................... .. a Autres exigibilits .................................................................................... b 57,533 88.316 2,446 986,042 1.060.774 398,214 354,991 2,590 2,768 982,042 433,697 4,032 1,030. 058 438,831 3.811 1.008,876 429,896 3,485 Delte A long terme: 16 Obligations et billets (dollars canad lens)............................................... a Obligations et billets (devises trangeres) .......................................... ...b IjypothSques et autre dette a long terme ................................................. c 67,557 1,275 149 380.438 399,010 744 774 153 129 J 390,737 431,857 20, 212 1,274 105 475,671 21.830 1.464 124 Autre passif: 17 Revenus non gagns et autres impOts A payer ....................................... a ImpOt sur le revenu différé cumulé ................... .................................... ... b Fonda de pension, de fiducie ou afCects .............................................. c lntr6t des act jonnsires minoritaires ....................................................... d ( Passif . 1R, 17. 563 1.235 122 115, 986 245. 853 115,418 244,860 158,843 166.429 590, 620 252, 273 175,533 189,779 199.076 4,719,687 4,926,896 5,006,839 5,232,356 5,434,830 59,663 357,516 49.725 4.7 55,791 1.1 1 17,000 6 69,000 5 44.0001 1,133,000 1,125.000 675,000 662,000 375,000 604.000 1,120.000 652.000 623,000 1.210,000 686,000 611,000 1,271.000 727,000 528,000 2.3 30,000 2,183,000 2,391.000 2,395,000 2.507,000 2,526,000 84.000 1,3 60.000 88,000 96,000 1,379,000 1,417,000 93,000 1,440,000 95,000 1,514.000 98,000 1,594,000 1.4 44,000 1.467.000 1,513,000 1,533,000 1,609,000 1,692,000 14. 996 I-i 'p8,996 12. 000 2ti,996 587,795 590.483 4,237,795 4,494,483 - 78.000 - 72.000 115, 98 1 4,528,620 638,749 4,754,749 4,932,754 - 75,968 4,452,652 - 79,350 - 81,747 4.675,399 4,851,007 4,159,795 4,422,483 714,754 Part des actionnaires Capital versa: 21 Actions privilgie' ................................................................................... a Actions ordinaires plus tout surplus d'apport ........................................ b Bnfices releflus ....................................................................................... . 22 Total du passif et de Ia part des actloiinaires ................................. 23 Renvois: 1 Créances particulières': a Socits de financement des ventes: Biens de consummation ..................................................... ............ Produita industriels et articles commerciaux .............................. Marchandises de groa ....................................................................... Total ............................................................................................ iv Socits de pr8ts aux consommaleurs: PrAta remboursables par versements ............................................. v Prêts en especes ............................................................................. vi Total ............................................................................................... VII Autres comptes I recevoir' ...................................................................... b Total ............................................................................................... C Provision pour créances mauvaises ....................................................... d Total des comptes A recevoir (net) .......................................... c Les dtai1s des "crëances particuliêres" Sent tires de Ia publication du B.P.S. intitulén "La Statistique du credit" (numéro de catalogue 61-004). Le poste "Autres comptes 8. recevoir" comprend les prAts de capitsl, lea prAts satins que les prAts personnels, lea comptes I recevoirdesfilialesexercant d'autres activit8s ainsi que les erreura d'échantillonnage. - 30 - TABLE 17. Sales Finance and Consumer Loan Companies Quarterly Statements of Estimated Revenues and Expenses 1967 1966 3 No. 1 4 1 1 2 I 3 4 I thousands of dollars Revenues 31 Interest and service charges .............................................................. 32 Income from investments: a Subsidiaries: IInterest 1 ........................................................................................ it Dividends from companies in Canada 1 ......................................1 iii Dividends from foreign companies 2 ....................................... . b Others: 116, 832 118,169 120,395 123,719 123,337 125.676 127,716 995 1,273 1,290 1.246 1.210 1,855 1.578 33 ProfIt (loss) on sale or maturity of assets .................................... 34 Other revenue .........................................................................................3.568 3,300 4,984 4,135 4,841 5,226 4.552 12 1, 395 122,742 126,669 129,100 129,388 132,757 133,846 49, 594 50,240 52,348 49,258 49,173 50,721 54,512 43 Depreciation ........................................... ............................................ ....2,294 2,502 2.358 2.588 2,666 2,863 2,701 44 Amortization of other assets ............................................................1,081 878 1,082 987 989 469 l,15. 45 Provision for doubtful receivables ..................................................8,468 11,198 8,903 8.779 8,823 11.257 9,54•; 12,355 11,994 11.514 11,745 12,707 11,318 12.886 47 Otherexpenses ..................................................................................... 37,586 44,257 39,872 42,581 41,625 45,377 42,099 48 Total expenses ............................................................................. 111,378 121,069 116,077 115,938 115,983 122,005 122,898 49 Net profit (loss) ....................................................................... 10,017 1,673 10,592 13,162 13,405 10.752 10.948 1 Interest1 ........................................................................................ ii Dividends from companies in Canada2 .................................... Dividends from foreign companies 2 .......................................... Iii 35 Total revenue .............................................................................. . Expenses Salaries and wages 1 ............................................................................ 41 Cost of borrowing: 42 a Interest and amortized discount ..................................................... Commissions and other charges' .................................................. b 46 Provision for income taxes: aCurrent taxes payable ..................................................................... 1 bDeferred ............................................................................................ 2 Data not available prior to first quarter. 1969. Prior to first quarter 1969. all dividends were Included in 32. a, ii. TABLE 18. Sales Finance and Consumer Loan Companies Quarterly Statements of Estimated Retained Earnings 1966 1967 3 No. 4 1 1968 2 3 4 1 thousands of dollars 61 49 62 63 64 65 Balance beginning of quarter ................... 124. 600 130.442 10,017 Profit on sale or maturity of assets ............................................... - 1 1,673 71 Add: Net profit (lo5s ........................................................................... Deduct: Dividends ........................................................................................... 4,888 Other adjustments including unaccounted items ........................... - 714 Balance end of quarter ............................................................... 13 0, 442 122,143 125,098 134,782 143,226 141.686 10,592 2,408 13,162 13,405 4 18 10,752 10,948 - 111 23 - 14.646 4.603 4.790 4,587 439 - 1,105 4.096 883 10,403 4)1 , 1,778 2, 122,143 125,098 134,782 143,226 141,686 146, :1,I, - I IBLL It I 7 ,()(I(E(". (1(' ltii,iii&t'Iiit'flt (l('. '. (III (. tq d' aux (uflSflhlIIlI,112'21r". trirn,-tri1s - Es1irnatns ds rvrIIis I Iflas filIaflClLS d LL 1969 kliers de 140,2551 140, 78O 144,366 Re venus 152.075 160,064 1ntrêt et frais de Service ........, .................................................................. 31 32 Revenu des placements: 3 , 1,572 1. 3,276 3,916 1.243 1,049 1,673 6'? 2,629 190 1 - 10 I ', w, 147,377 9,000 152,1 Filiales: Intératt..................................................................................................... Dividendes des sociétés au Canada 2 ................................................. a Autres sociêtés: b 5 1. Dividendes des sociétés hors du Canada 2 .......................................... ill Jntérèt' .................................................................................................... Dividendes de sociétés au Canada 2 .................................................... Dividendes de sociétés hors do Canada 2 ............................................. Ill 224 79 GaIns (pertes) sur ventes ou maturité d'actit' ............................................ . 33 1,577 2,386 Autres revenus ............................................................................................... 34 160, 1251 170 , 314 Total des revenus .................................................................................. . 35 Dépenses 22.1461 22,746 23,766 Salaires et traitements' ................................................................................. 41 77,130 1,037 42 CoOt d'emprunt: Intérét et escompte amorti ........................................................................ ... a Commissions et autre frais' ..........................................................................b 'U:. 60.256 58,471 62,392 821 66,342 1,079 3,262 3.423 3,296 3,628 3,956 IDépréciation ................................................................................................... 43 1,114 893 539 192 250 Amortissement d'autre actif ......................................................................... 44 768 12,734 12,492 9,057 9,306 • 1 9,574 Provision pour comptes a recevoir douteux ............................................... 45 Provision en vue des impôts sur le revenu: 1mpt courant a payer ................................................................................ ... a Diltérés ......................................................................................................... b 15,364 14,693 14,052 1,215 1.761 2,520 47,370 23,210 24,183 1:11.645 136,394 137,264 138,1401 143,930 155,559 Total des dpenses ............................................................................... 46 ,417 10,983 11.736 13,941 16,195 14,755 Bên('iice net (ou perte nette) ...................................- ...................... 49 •964 15,068 14,615 .418 43,960 , onlhles seuleme it r' r Iti prrnir I a 23,274 Autres dépenses ............................................................................................. 47 partir du premier trimestre, 1969 ntstr, 1969,v rIrk 32, a, ii. llq 0, Ii' I tIhITt( (1114111 (Ii's 'lilt's II ut' 110I tilt. (u,lsuiiuruiiIi'tlI S i';:,is ?inanicr, rtit.-.:ri -,- b..iini,iti is I ii( N, , s It us 1969 1968 3 11±1 2 mitliers de dollars . . 149,725 158.843 166.429 175,533 189,779 10,983 11,736 48 1,575 13.941 100 16,195 14,755 100 . 4,063 6,789 5,427 -490 8,009 -2,150 - 1,064 l4l. 25 18. 54:1 1id,. 429 17, 533 • 25 6.035 5,746 - 188 1511. 739 199, 076 - 61 Solde au debut du trimestre.....,. .................................................................. Ajouter: Bénéfice net (ou perte nette) ................................................................. 49 Gains (oU pertes) sur La vente ou maturité d'actif .............................. . 62 Déduire: Dividendes................................................................................................ Autres rajustements y . 63 compris les postes inexpliqués ..................... 64 Solute a Is Dii dii Irimestri ....... ....................................................... - 32 - TABLE 19. Sales Finance and Consumer Loan Companies Quarterly Estimates of Movements of Funds 1966 1967 3 4 1 - 2 3 1 4 thousands of dollars Sources' 1 2 3 4 Internal: 22,372 Operatingprofit .................................................................................. .. . DeprecIation ......................................................................................2,294 Amortization ........................................................................................1,081 Deferred income taxes ................................................................... 13.667 2.502 878 22.106 2.358 1.082 24,907 2.588 987 81.459 62.812 -80,676 14,404 15,742 9,123 31,210 10 26.112 2.666 989 22.070 2,863 469 23,834 2.701 1,152 External: Bank loans: 5 6 Canadian currency ........................................................................ Other ................................................................................................ . . - - - 20.544 80 81,122 - 17,666 7,068 - 13,355 - Short term loans and notes payable: 7 8 9 10 11 12 Canadian currency .........................................................................8,602 . 43,716 Foreign currency ............................................................................ Other ................................................................................................ ..- 171 Long term debt: Canadian currency ........................................................................... 24,624 ForeIgn currency ............................................................................ ...18,027 Other...................................................................................................... 6 42 15 Paid in capital ...................................................................................... 2,460 Accounts payable: Taxes .................................................................................................. 3,177 Other ................................................................................................ ..- 21.551 16 17 Current liabilities: Dealers credit balances....................................................................... 486 168 Other ..........................................................................._ 13 14 18 19 20 21 22 - 73 107.557 2.184 10,846 25,000 230 5,198 - 39 5,047 - 617 692 - - 1,016 - - 993 1,460 13,469 89 126,665 90 37.548 5,708 41,383 8.804 642 7,580 - 86 6,919 - - - 3 275 - - 6.275 3,195 2,560 2,533 10,983 376 - - 3,354 505 27,223 21,468 - - 932 2,848 1,413 5,228 1,635 51,746 1,635 12,865 239 3,434 309 - 3 866 - 720 - 85,730 57,)03 85,137 - 100 16,269 - - - 4.838 23 3,529 6,432 235 - -58,514 238 - - 27,295 21,849 - 176,907 25.329 - 260 - - 1,335 1,423 - 2,355 829 10,660 63,466 10,688 36,663 24,854 - 289 - - 682 9.298 24 41,229 - Total of items 1 to 21 ................................................................ - 46, 203 123 40.717 13,560 - 196 - 343 21.326 Debt to parent and afflhiated companies ........................................... 25,789 Other liabilities: Unearned income ................................................................................ 8,697 Pensions, trusts, etc .................................................................... - 772 Interest of minority shareholders In subsidiaries 51,880 10,384 167 82 - 211 - 192,289 11 39,346 Applications' Dividends .................................................................................................... 4,888 14.646 4,790 4.587 4,096 10,403 4,016 24 ProvisIons for taxes ................................................................................. 12,355 25 Cash on hand and in banks ..................................................................... 30,944 26 DepOsits in other institutions ..................................................................... 94 27 Foreign currency deposits ........................................................................ 10,1 99 11,994 11,514 11.745 12.707 11,318 12,886 20,022 9,493 - 305 1.951 - 7,839 - 23 28 Accounts and notes receivable ........................................................... - 133, 171 29 30 31 32 Other current assets .................................................................................. 1,069 Short term notes ........................................................................................ 26,549 Treasury bills .......................................................................................... - 8,517 Government of Canada ............................................................................ - 791 33 34 35 Provincial and municipal governments ................................................ Corporation bonds and debentures ........................................................ Shares-Canadian preferred and common shares ............................... 36 Foreign securities ................................ .................................................. Subsidiary and affiliated companies .................................................... 37 38 39 40 3' 10,048 1,311 1,453 93.220 2,743 22,190 1,536 - 6,361 1,055 - 5,460 5,472 2,099 7.445 27, 203 1,452 805 2.530 - 1,783 177 7,954 4,994 - 1,146 -28,297 14,156 3,235 3,200 2,608 2,623 1,160 3,444 1,216 37 126,665 85, 7:10 57, 105 85, 137 - 753 - - 30.395 - 103,914 21,045 - - 46, 203 - 1,851 12,949 1,639 - .. - 27,589 129.686 3,084 - 818 2,569 Land, buildings and equipment ............................................................... 3,119 Otherassets 3 ............................................................................................... 720 Refer to text page 49. Data not available prior to first qUarter, 1969. Includes unaccounted Items. 20,785 665 2,287 Total of items 23 39......................................................... - - 757 - 19,829 2,410 368 3,549 8.974 143,878 2.053 - 53,502 157 - 16,443 - 3,931 5.440 11,775 3,979 - 4,732 3,958 - 2,055 16, 846 - 8,176 5,539 - 7,518 514 - 1,628 122 22,942 - - - 216 - 381 11,232 -20,154 61 3,517 3,547 295 2,592 19'!, 289 19,146 - S - 33 - I tBLEAU 19. Soclétés de linancement des ventes et de prts aux consommateurs Estimations trimestriel]es des mouvements de Ia trésorerie 1968 T 2 3 No milliers de dollars Provenance' lnteme: 19,381 26.051 26,351 34.732 30.664 29.059 2.991 1,296 3,262 3,423 3.296 3.628 3 .956 1,114 893 - - 7.095 - 169,422 3,303 68 - 192 250 1,761 2,520 118.838 822 8,345 116,761 21,658 7,323 5,206 16,366 169 29,554 154 27,797 9.917 74.732 43,223 - - 104,040 72,693 927 - 40,396 539 1,215 81,652 27.202 - 122,249 37.285 Bénéfice d'exploitation ................................................................................ 1 Dépréciation .................................................................................................. .. 2 Amortissement .............................................................................................. .. 3 ImpSt sur Is revenu différé' .......................................................................... 4 Externe: Emprunts hancaires: Monnaio canadienne .................................................................................. .. 5 - 32.160 Autres .......................................................................................................... 6 - 8.294 Emprunts 'a court terme et billets 'a payer: Monnalecanadienne .................................................................................. 7 142.059 Devises êtrangères .................................................................................... 8 - 4,391 Autres........................................................................................................... 9 Dette 'a long terme: 14,948 12.453 38 533 - 178 2,023 144 - - 398 17.682 16,706 1,264 48,016 5,134 - 221 1,615 9,768 4,465 2,344 21.182 - 8,935 - - 326 1,561 - Monnale canadienne ................................................................................. 10 11 . DevIses étrang'eres .................................................................................. Autres ......................................................................................................... 12 Capita) verse ................................................................................................. 13 hO, 4.517 - 6,287 177 2,331 - 1,586 781 - 1.738 4,933 3.678 - - 7.731 - 3.730 3 .257 1 .926 3,095 3,609 677 31.354 33,950 26.226 - - 1,397 10,930 18.1021 28.100 21,056 a payer: lmpôts ......................................................................................................... 14 Autres ......................................................................................................... 15 Comptes 793 Exj gibilités: Soldes créditeurs des marchands ........................................................... 16 Autres ......................................................................................................... 17 Dette envers Ia soctété mere et les sociétës affiliées ........................... 18 Autre passif: 31,796 57 - 95 13.044 18.572 414 4 30 24 - - 11,788 230,290 270,176 42,020 39 17 42,914 118 24 Revenu différé ........................................................................................... 19 Fonda de pension, de fiducie, etc.......................................................... 20 lntérèts des actionnaires minoritaires des fillales ............................. 21 111,415 201,210 210,423 Total des postes 1 21 ...................................................................... 22 8,054 - 461 71 Emploi' 4,063 6,789 11,964 4.5271 15,068 14,615 21.211 5.965 17,891 - 585 325 - 743 2,434 6,917 63,991 261,635 - 224,555 - - - 741 5,225 25.801 - - - 6,243 10.124 2,050 - 2.506 9.632 1,164 1,595 3 - 18.284 2.254 Bonds du Trésor du gouvernement du Canada...............................................31 24 Obligations du gouvernement du Canada ...................................................... . 32 Obligations des provinces ci des municipalités...........................................33 - 8.324 8.246 75 4.086 Obligations des sociètés ................................................................................. 34 352 Actions privilégiées et ordinaires canadiennes ........................................... 35 23 Titres étrangers................................................................................................. 36 172.123 7.771 - - 502 6.921 - - - 40 - 116 3.715 - 561 339 3,302 - 115 270,176 2,454 3.281 1,873 - 3,003 98 11,344 3,975 22.527 4,348 - 1,485 - - - 641 228 - 5.331 - 20 17.345 5,192 - 1.399 230,2901 111,4151 201,210 11,788 Prji're de se référer lu texte, page 49. Disponibles seulemf nt partir du premier trimestre 1969 Y compris les poste inpxpliquees. a 5.746 Dividendes ................. . ........ ,, ............................................................................ 23 14.052 Provision pour lmpôts....................................................................................... 24 En caisse et dana les banques ....................................................................... 25 - 4.289 3 ,174 Autres ................................................................................................................. 26 7797 En devises Ctran8'eres .....................................................................................27 159,551 Comptes et billets 'a recevoir ......................................................................... 28 Autres disponibilités ....................................................................................... 29 Billets 'a court terme......................................................................................... 30 - 4,447 30,169 46,229 - 631 9,425 5.493 5,065 5,001 8.009 14.693 1.238 4,081 - 39.651 - 18.795 181 5.4271 15,364 - 4.127 216 1 21,075 Les sociétés uiflales et los sociCtés affiliées............................................. 37 3, 114 Immobilisations ................................................................................................. 38 6 , 235 Autre actif' ... . ........ . ......................................... . .......................... . ................... .... 39 - 210,42:1 Total des posies 23 1 39 ..................................................................... 40 - 34 - TABLE 20. Mutual Funds Quarterly Statements of Estimated Assets, Liabilities and Shareholders' E. 1966 1967 1 No. 2 3 4 - thousands of dollars Assets 1 Cash and demand deposits in Canadian currency: a b Cssh on hand and demand deposits in chartered banks 39,875 Demand deposits in other institutions ......................................7.017 40.639 15,090 44, 182 12.727 51,889 7,947 58,191 9.276 42,738 8,564 50.402 14.015 2 Foreign currency .............................................................................. 7.057 4,841 11.579 4.472 8,539 13.586 40.791 3 Investment portfolio: a Investments in Canadian securities: i ii iii iv v vi vii viii ix b c i ii iii d Canada treasury bills .......................................................... ....2 , 670 Government of Canada ............................................................60 . 092 2,955 1.905 2.624 2,254 7,110 1,956 73,029 64,322 49,064 36,755 36,007 42.180 45,963 48,712 47. 192 49,039 39,544 38,701 34.842 Sales finance companies' notes ............................................ 46,880 Commercial paper ................................................................ Bank term deposits' ............................................................ 53,158 34,581 45.967 67, 177 91.200 44,664 69, 161 76,584 70,584 66,523 11,838 11,581 69,669 11.044 68.943 12.313 9,931 8,192 Provincial governments ........................................................ Municipal governments .......................................................... J Other term deposits' ............................................................ Corporation bonds and debentures ........................................ 66 .38 3 Mortgages ...................................................................................... 1 2 ,449 Investments in Canadian shares: 139, 7 87 Preferred shares .................................................................... Common shares'..................................................................... Mutual fund shares .............................................................. Investments in foreign securities: 882,576 127.735 121.037 117.637 114,104 120.548 118,955 880,862 899,164 903,197 887,159 877.963 853,724 11,798 5,684 552,879 607,028 10.396 680,167 18.522 766,638 814,798 3 Bonds, debentures, notes, etc. .......................................... .....1 5 ,084 Preferred and common shares 2 ............................................ ....513, 991 Investment in subsidiary and affiliated companies'............ Investment portfolio at cost .................... ........................ ..1,785,875 1,832.602 1.869, 335 1.940,236 2,012,866 2,084, 222 4 Accrued interest and dividends receivable ...................................9,463 9.557 9, 102 8.924 9, 130 9.234 8, 3L 5 Amounts due from brokers and other current assets 18, 885 10. 578 45,685 47,191 31.246 33,183 52,760 7 Other assets .................................................................................. .......125 910 92 104 84 527 274 1,868,297 1,914.217 1,992,702 2,060,763 2,129,332 2,192,054 2,260,645 Bank loans: Chartered bank loans ...................................................................... 928 Other bank loans .............................................................................. 4 5 9 174 1 824 401 98 417 417 568 646 660 3 2,311 15.445 2.320 30,221 2, 153 1,963 39,683 32.288 2.441 34,090 1.852 18,952 928 588 845 2,181 1.484 1,530 1,663,619 1,724,309 1,759,018 1,776,567 1,824.021 1.857,650 1,923,665 179,146 170,633 200.137 240.123 267,832 295,631 314.643 1,868,297 1,914.217 1,992,702 2,060,763 2,129,332 2,192,054 2,260, 645 i Ii e Total assets at Cost ......................................................... 8 19.021 63, 859, 2,093,811 Liabilities 11 a b 12 Short term loans and notes payable .......................................... 13 Accounts payable: Income taxes payable ..................................................................... 1, 85 7 Amount due brokers ..................................................................... 21, 739 a b cOther payables ......................................................................... 14 Other liabilities' .................................................................................. 549 21 Share capital: Shareholders' equity b Preferred shares ........................................................................ ] Special or redeemable shares ................................................ .. c Common or ordinary shares .................................................... a 22 Contributed surplus ...................................................................... 23 Retained earnings ......................................................................... 1 24 Realized gains ............................................................................. Total liabilities and shareholders' e!lity at cost 25 2 Data not available prior to first quarter 1969. Includes investments in and advances to subsidiary and affiliated companies up to first quarter 1969. Other liabilities include long term debt, etc. r - 35 - TABLEAU 20. Fonds mutuels fj,'t financiers trimestriels — Estirnations de l'sctit. du passif Ct do Ia part des actionnarres 1969 1968 213 I2 4 milliers de dollars 3 Actif 83.528 3,716 87.148 116,717 11,140 12,575 97,738 12, 159 117,944 24,916 111,426 8, 176 15.917 20,617 15.812 21.658 33,052 43.590 Encaisse et dépSts ii demande en monnale canadienne ............................... 1 En caisse et dépôts a demande dans les banques ..................................... a DépSts a demando dana d'autres institutions ............................................. b Devises étrangères .............................................................................................2 3 Portefeuille: a Placements en valeurs csnadiennes: 1,664 1.714 11.782 25,653 2.493 2,616 41,279 39,344 38.533 37, 125 26.358 1 1,717 35.950 23.598 33.318 33.841 81,640 26,234 25, 272 128,213 73,679 1 41, 181 51,414 70, 945 2.734 66,009 10,410 128,447 848.347 126,488 137, 247 862, 346 824,926 41 2,954 39,228 67,699 5.692 67.742 6.659 7.860 83,700 3.600 70.836 8.481 137,273 139,061 140,083 887,622 937,332 2,806 948,535 3,153 2,830 ii Obligations du gouvernement du Canada ............................................... Obligations des provinces ......................................................................... iii Obligations des municipalités .................................................................. . iv Billets des soclétés de financement des ventes ................................... v Tltres commerclaux ..................................................................................... vi DépÔts ii terme dans lea banques' ........................................................... vii Autres dépSts 'a terme ............................................................................... viii Obligations de sociétés .............................................................................ix Hypothèquea ..................................................................................................... b C Placements en actions canadiennes: Actions privilégie . .................................................................................. Actions de fonds mutuels ........................................................................... iii d Placements en yaleurs étrangères: Obligations, billets etc............................................................................. 45.080 57.436 66.001 1,326.747 2,700 1,233.275 2,700 2,358,058 2,523, 187 2,676,084 2,733,748 2,763, 160 9.548 10,937 9.129 10,356 11, 198 Intérët couru et dividendes 34,122 34,903 1, 107.420 1,267, 049 2, 272, 312 9,756 ii Actions ordinaires .................................................................................... 1.244.457 26.994 I IJ6, 911 3, 764 S 61,894 62, 180 7.703 7.242 1,394 39, 354 44,355 26.389 1,544 37, 243 102,009 Bons do Trésor do gouvernement du Canada ........................................ ii Actions privilégiees et ordinaires ° .......................................................... Les filiales 01 les sociétés affiliéest ......................................................... e Pruteteuille su prix de revient .............................................................3 a recevoir ............................................................. 4 55.391 34.915 62.594 71.004 64.449 42.466 Montants dus par agents de change et autres disponibilités .....................5 544 1.608 1,246 790 847 4,786 Autre actif ........................................................................................................... 7 2,441, 164 2,523, 034 2,743,068 2,888, 562 2,985,312 2,984,802 Total de l'actiI au prix de revient ....................................................... 8 Passif ii Emprunts des banques 'a charte ..................................................................... a Autres emprunts bancaires ............................................................................. b Emprunts bancaires: 71 307 72 4, 187 2,173 2,331 923 900 3,525 - 2.931 2,729 3,050 2,934 3,095 2.870 54,910 60,588 91,718 55,556 48,929 8,410 1,889 2,435 2,461 521 242 251 - 358 F.mprunts 'a court terme et billets 'a payer ....................................................... 12 13 Comptes a payer: tmpôt sur is revenu 'a payer ........................................................................... a 4,063 Montants dus aux agents de change ............................................................. h 57,026 9,429 Autres sommes 'a payer ................................................................................... c 2.119 Autre passif° ....................................................................................................... 14 Part des actionnaires 21 Capital actions: 1 2,018.567 2.069.553 2,174,391 :11,2, 681 385, 163 465, 046 441, 164 2,523.034 2,74:1,068 2,300,214 90 1 475.583 11 1 488, 247 56 Actions privilégiêes ....................................................................................... a Actions spéciaiea ou rachetabies................................................................. b Actions ordinaires........................................................................................... c 1.888.306 1,921. 763 Surplus d'apport ................................................................................................... 22 1 268,414 279,597 272.627 Bénéfices retenus ............................................................................................... 23 L 258,848 274,907 228.862 Gains réalisés .................................................................................................... 24 2,888,562 2,985. 312 2,984,802 Total du passif et de l'avoir des actionnaires au prix de reient .. Disponibles seulement 'a partir du premier trimestre de 1969. Y compris lea placements dana lea filiales St lea sociétés affiliées ainsi quo lea avances faites Y compris Ia dette a long terme, etc. a ces sociétés y compris let trimestre 1969. 25 - 36 - TABLE 21. Mutual Funds Investment Portfolio at Market Value 1966 No 3 4 a i ii vii viii ix b C i d e 1967 ll 2 3 3 4 1 Investment portfolio; Investments in Canadian securities: Canada treasury billc ............................................................ ... 2,670 Government of Canada ............................................................. 58, 885 g:::::::::.::::::.::::::'::::.'::::::::::: } 42,977 46,880 :::::::::::::i::::::::::::::::} Bank term deposits'............................................................... Other term deposits' .............................................................. Corporation bonds and debentures ........................................ ... 63, 538 Mortgages .......................................................................................12,385 Investments in Canadian shares: Preferred shares ...................................................................... ...128. 125 114,126 114,315 110,601 105,886 107,477 101,382 982, 216 1,014,388 1, 145,623 1,159,669 1,184,910 1, 117,120 978,791 11,545 615.995 6,066 758, 205 10,780 858,299 20,465 967,472 20, 596 1,055,858 62,852 968,178 2,008, 194 2,254,339 2,359, 551 2,496,378 2,541,534 175,592 2,089,809 385,004 2,377.705 419,315 2,480,078 483,510 2,612, 842 457,312 2,295,873 202,062 2,649,366 2,462,707 7, 110 34.230 1,956 39,773 44,743 1.905 64.941 44.757 2.624 48, 112 44,777 2,254 35,350 36, 120 33,978 30,008 53,158 34.581 45,967 67,177 91,200 44,664 66,655 12,228 '72, 193 11.753 67,225 11,497 65,768 10.976 64,558 9,407 60,604 7,665 2,955 72,401 Total portfolio at market .................................................. ..1,866, 110 Unrealized appreciation .................................................................80,235 ... Total assets at market .......................................................... 48,532 4 F thousands of dollars } Investments in foreign securities: Bonds, debentures, notes, etc. ............................................. .14. 074 Preferred and common shares ............................................... 514, 360 Investment in subsidiary and affiliated companies'.............. i ii 1 2 1968 Data not available prior to first quarter 1969. TABLE 22. Mutual Funds Quarterly Statements of Estimated Revenues and Expenses I No. 1966 3 I I 1 Interest .............................. Dividends: a Canadian companies .... b Foreign companies ...... 33 Other revenue.................... 5& TnI revenue Ie 1 2 3 I thousands of dollars Revenue 31 32 1 1967 3,606 4,406 3,783 3,839 3,603 10,251 12,000 2,724 3, 100 381 456 9,619 3,240 251 16,962 19,962 16,893 11,352 3,372 209 18,772 10,965 3,094 350 18,012 41 992 3,317 47 921 3.533 621 1,178 3,727 11. 4,283 3,580 493 214 20,494 17.559 Expenses 40 Management fees'.................................................................................... 41 Directors' fees' ...................................................................................... 42 Custodian and transfer agents' fee' .................................................... 45 Interest paid ............................................................................... ............ 46 Provision for income taxes .................................................................. 48 Other expenses ...................................................................................... 49 Total expenses .............................................................................. 51 Net profit ........................................................................................ 20 734 3, 170 74 1,20'? 3,067 54 1,364 4, 010 56 1,235 3,553 3,924 4,348 4,350 4.501 5,526 5,428 4,844 13,038 15, 614 12,543 14,271 12,486 15, 066 12,715 Data not available prior to first quarter 1969. TABLE 23. Mutual Funds Quarterly Statements of Estimated Retained Earnings 1966 No. 61 62 63 64 65 66 3 41 Balance at beginning of quarter ..............................................................172 , 981 Add: Net profit ................................................................................................. 1 3, 038 Profit on sale of securities (l osses)' ............................................ .... .'7,642 . Deduct: Dividends declared .............................................................................. .. 5, 119 Other . adjustments.............................................................................. .- 604 Balance at end of quarter ................................................................ . 79, 146 2 1967 1969 1 1 21 3 4 thousands of dollars 1 179,146 170,633 200, 137 240,123 267,832 295,631 15,614 - 9,611 12,543 29,976 14,271 37,044 12,486 32.481 15,066 28,374 12,715 19,580 15,607 - 1,091 12, 165 850 12, 39. 891 200,137 17,062 196 267,832 15,731 - 90 170,633 11,282 47 240,123 295,631 314,64:1 Profits shown are after deduction of losses that have occurred; losses are after deduction of profits for the uuarter. Includes unaccounted Items. Large increase due to new breakdown used in shareholders' equity section. - 37 - TABLEAU 21. Fonds mutuels Portefeuille a Ia valeur au march 4. 1969 I 968 1 J L milliers 4 de1 dollars 2 I 3 N' 34.392 1.286,081 34,160 1.407,545 38.647 1.535.257 46.397 1.414.978 49,439 1,394,115 4,945 Portefeullie: Placements en valeurs cdnadiennes. 2,616 Eons du Trcsor du gouvernement du Canada ............... 31, 149 Obligations du gouvernement du Canada ..................... 21,293 Obligations des provinces.............................................. 1.263 Obligations des municipalit6s ...................................... 37,243 Billets des sociét6s de financement des ventes ........ 102.009 Titre commerciaux ... ........................................................ 83,700 Dpöts I terme dans les banques ................................ 3.600 Autres dép&s S terme'.................................................... 60,261 Obligations de Sociétis ................................................ 8 ,481 Hypotht'quea ........................................................................ Placements en actions canadiennes: 115,936 Actions privilégies ...................................................... 1, 210. 657 Actions ordinaires .......................................................... 2.444 Actions de fonds mutuels .............................................. Placements en valours 8trangères: 57,915 Obligations, billets etc . ................................................ 1,278,531 Actions, privilgi's et ordinaires .............................. 4,939 Les flllales et les soci8t6s affiliées' ............................. 2,774,236 2,986,482 3,189,973 1,217,742 3039,465 3,022,037 Total du portefoulile................................................... 2 501,924 628,424 666,786 541,484 305,717 . ............. ~- j 3 2,943,088 3,151, 458 3,409, 854 3,430, 046 3,291,029 258, 877 Appreciation non réalisêe ...................................................... 3,243,679 Total de l'actif C Is valeur du marchC ........................ 1664 11,782 1,714 57,585 6,629 35.265 / 21.655 I. 1.488 41.181 51,434 70.945 2,734 62.086 6.659 33,793 18.693 1,135 39,354 44.355 39,228 5,692 59.451 7,860 128,583 11,277.876 , 2,758 124.381 1,281.632 2.952 119,568 1,216.851 2,493 39,322 37,960 29,129 22,156 36,687 20,490 81,640 128,213 73,679 60,740 10,125 58,415 7,162 112,774 116.583 1.172.574 1, 118, 369 l 2,493 25653 28.302 a it ill iv V b vi vii viii ix C d e ii Ill it 4 Disponibles seulement h partir du premier trimestre de 1969. TABLEAU 22, Fonds mutuels Etats financiers trimestriels I 1968 I - Estimations des revenus et des dépenses 1969 1 2 I 3 No mllliers de dollars Revenus 5,379 5,301 5,450 6,930 8.665 10,579 5,765 20 9,574 10,909 4,835 5,494 134 10,960 3.695 103 9,207 3,884 19,362 20,137 21,665 19,833 22, 103 24,622 Total des revenus ...................................................................................... 34 72 1,656 5.873 4 ,262 82 217 66 1,722 712 4,412 75 332 191 1,917 740 4,224 78 276 36 3, 137 739 Frais de gestion' ................................................................................................ ..40 Jetons de pr8sence des administrateurs' ........................................................ . 41 RetributIon des depositaires et des agents de transferts' ............................42 lntêrêt verse ......................................................................... . .............................. . 45 Provision pour impôt sur le revenu .................................................................. . 46 Autres dépenses ................................................................................................. 48 . 650 341 4,972 105 76 lntér8t ................................................................................................................. 31 I Dividendes: 32 Soci6t6s so Canada ........................................................................................ ...a Sociêt8s hors du Canada ................................................................................. b Autres revenus.................................................................................................... . .33 D8penses 63 1.963 4,235 505 1.711 4,680 6,261 6,896 7,601 7,061 7,667 8,490 Total des dCpenses .................................................................................... . 49 13,101 13, 241 14,064 12.772 14,436 16,132 BCnClice net ................................................................................................ . 51 Disponibles seulement I partir du premier trimestre de 1969. TABLEAU 23. Fonds mutuels - Estimations des benefices retonus Etats financiers trimestriels 1968 1969 2 _314_I1 2 _3 No milliers de dollars 314, 643 362,681 385, 163 465,046 527,262 554,504 13,101 47,214 13.241 25,157 14,064 79.391 12.772 31,425 14,436 24,473 16.132 2,756 479 16,747 13,701 11,236 ,!.L1IL Solde au d8but du trimestre ............................................................................... 51 Ajouter: - 48,759 Benefice net .................................................................................................... . 62 Gains (ou pertes) sur In vente de valeurs mobiliSres' .............................. . 63 Déduire; 162,681 - 385, 831 163 129 465,016 - 29, 255 527,262 - - 74 554,504 1 67-. 221 501,489 Dividendes déclarés ........................................................................................ 64 Autres rajustements' ...................................................................................... 65 Solde CIa Fin du trimestre ......................................................................... ..66 Y compris lea postes inexpliques. Gains: après deductions des pertes encourues. Pertes: apr's d&duction des gains r8all0s. Forte augmentation attrlbuable au plus grand d2tail de part des actionnaires. - 38 - TABLE 24. Mutual Funds Quarterly Estimates of Movements of 1- 1. 1966 1967 3 No. 1953 4 J 3 thousands of dollars 'I SOUrCCS' 1 Sales of shares..................................................................................... 2 Premium on sale of shares .................................................................. 3 Undistributed profit 2 ... ......................................................................... 4 Realized capital gains ........................................................................... 7,642 6 Brokers3 .......................................... ................... .... ................................. - 1,715 7 Chartered bank loans ............................................ .................... ............. - 473 8 9 61.691 60.690 34,379 17.549 ..- 2,022 57 380 2,993 9.611 29,976 37,044 32,481 20,331 7.956 8,550 - 135 - 34,715 423 - 303 - 98 - 206 - 1,200 - 2,013 - 47,454 - 4,553 754 - 173 823 Other liabilities. ............................ ... ...... .... ... ...... . ......................... .....- 135 791 - 331 241 1.224 Total of items Ito 8 .................................................................... 64, 988 53. 186 43,900 66.606 84,733 6,621 7,918 4,180 11,698 - - 33,629 65,694 523 341 - 28,374 19,580 60,836 49,602 Applications 1 Cash and demand deposits 10 In banks................................................................................................. - 3.774 11 Demand deposits in other institutions .......................................... 12 Foreign currency .......................................................................... 13 Canada treasury bills ............................................................................ - 14 Government of Canada ........................................................................ .... 15 Provincial governments........................................................................ 16 Municipal governments ........................................................................ - 179 285 - 1,050 - 1.718 12.937 - 8.707 - 3,143 2,749 - 1.520 1,847 17 Sales finance companies notes ............................. ........ ............... .........- 2,975 6,278 - 18,577 11.386 719 - 15,258 - - - 11.118 40,320 370 4.856 12.309 - 748 6.173 9,495 - 843 3,859 - - 21,210 24.023 - 46,536 18 Commercial paper6 ........................................................................ 19 Bank term deposits6 20 Other term deposits6 ............................................................................ 21 Corporation bonds and debentures .................................................... ..... - 843 2,778 22 Canadian preferred shares ...................................................................... 2,489 - 13,052 23 Canadian common shares .................................................................... 24 Canadian mutual fund shares ............................................................. 25 Foreign bonds, debentures, notes, etc. ............................................ 26 Foreign shares ................................................................................... 45, 184 27 Investment in subsidiary and affiliated companies.. ........................ 28 Other' .................................................................................................. 1 3,277 2 .7,346 . 1 - 676 Total of Items 10 to 28 ................................................................. 64, 988 29 2 2 6 - 1,714 - 3.286 38,888 702 53,186 Refer to text, page 49. This item consists of net profit after deduction of dividends. Amount due to brokers is shown after deducting amounts due from brokers and other payahl Includes: short term loans and notes payable, income taxes payable and long term debt. Includes term deposits up t0 and including fourth quarter 1968. Data not available prior to first quarter 1969. Includes: mortgages, accrued interest, fixed assets, other assets and unaccounted items. 7.423 - 6,020 - 6.698 - 3,400 - 18,302 4.033 - 6,114 4,712 8.126 499 44,116 55,149 72,439 86,471 48,760 44,840 2,226 328 43,900 66,606 - - - 895 - 3.533 16,038 - 132 84,733 726 - 2,420 6,444 - 1,593 - - 9,196 - 24,239 1,115 - 2,046 60,836 49,602 - 39 - TABLEA(J 24. Foods mutuels .tr,tions trt estrielles des mouvements de Ia trësorerie 1969 1968 2 1 2 milliers de dollars Provenance' 63,734 1 12,709 Vente d'actlons ........................................................... 33,179 Prime sur ventes d'actions 95,367 51.939 104,838 122.383 345 - 3,506 242 1.536 2.695 - 4.035 Bnéfices non rpartis' ................................................................................3 47.214 25,157 79,391 31.425 12,271 - 4.198 . Gains de capital ra1iss ..............................................................................4 33,327 26,154 3,451 - 49,778 8.338 - 12,867 Agents de change' ...........................................................................................6 1 3.165 - 5.595 2,602 - 3,274 Emprunts des benques a charte ...................................... ............................... 1,246 2.723 68 4,327 1.527 - 1,380 Autre passif' .........................................................................................8 177,570 102,468 191,155 104,298 91.167 71 l 20,134 Total des posies i a 2 8 ... .7 9 . Emploi' Encaisse et dépôts ft demandes: 25.249 15,744 - 18.979 20,206 - 416 12.757 - 5.846 - - 13,871 10.068 50 . '1)1 - 1,935 - 811 1.001 - 7,607 - 962 - 1 - 54,534 36,976 46,573 - Dépôts ft demande dans d'autres institutions .... ............. .. ..... ............... 11 11,394 10,538 .......................... Devises étrangftres ................. .......................... ...... 23,160 123 12 13 Boos du Trésor du gouvernement du Canada Obligations du gouvernement du Canada ........... .. .... ..... ...............14 3.000 2.791 Obligations des provinces.. ..... .. .............. .............. ...... .... .... ..................15 298 150 Obligations des rnunicipatits ................................................................. 16 - 1,827 - 2,111 - 7,079 57,654 Titres commerciaux' .................. ................................. ............................. ......... 18 31,717 44,472 Dépôts 8. terme dans lea banquee' ................................................................. 19 2,092 Autres dépôts ft terme0 .................................................................................... 20 1,055 1,175 - 1,749 - 70,945 . 2.632 - - 22,245 0 Dans lea banques ....................................................................................... 16,740 1,348 41,181 6,518 - - Billets a court terme des sociétés de financement des ventes ............... 17 2.734 2,958 5,492 30 3,094 Obligations des sociét6s...... .......................... ..... ................ ....... .... .............. 1,293 1,398 1.022 Actions privilëgies canadiennes .....................................................22 33.280 13,571 43,663 11.203 Actions ordinaires canadiennes ........................................................... 23 354 199 347 24 Actions de foods mutuels csnadlens .................................................. 24 29,373 358 781 9,731 11,766 8.565 Obligations, billets. etc. étrangers ......................................................... 25 153.360 76.130 167,077 15.174 54,471 93,472 Actions étrangftre ............................................................................. 26 2.351 - 2.759 318 514 4,115 286 9.492 - 1.959 10,759 - 1' - 9.519 - 18,012 - - 177.570 102,468 . 191,155 - - 2,741 104,298 - f - 1,390 ' - - — 1 2,397 4,063 91.167 20.134 . 21 Placements dana des soci8tës filiales et des soctétés affiliées 27 Autres' 28 Total des posies io 8. 28 ................................................. 9 r n de st' r'fen ' r au tex te , page 49, a designer h's Ie'netices nets après deduction des dividendes. \rr's thduction des montants clus par les agents de change or autres comptes ft payer. V mpris h's emprunts et h's billets a payer a court terme, impCt sur to revenu a payer ci dette ft long terme. rnpris les dCpdts 8. terme jusqu'au quatrieme trimestre 1968 inclusivoment. Uisponihles seulement 8. partir du premier trirnestre di' 1969. Y compris los hypothèques, VintCrèt couru, los immohilisations, autre actif et les postes lnexpliqués. - 40 - TABLE 25. Closed-end Funds Quarterly Statements of Estimated Assets, Liabilities and 1966 3 No. 1967 4 1 2 3 4 thousands of dollars Assets 1 Cash and demand deposits in Canadian currency: Cash and bank demand deposits .................................................... 1,000 Demand deposits in other institutions ............................................. 231 3,155 429 2.505 1,514 3.461 2.114 2,686 1.209 3.531 1,033 1,531 1,628 2 Foreign currency ..................................................................................... 122 4.791 1,219 923 425 1,068 2.084 3 Investment portfolio: Investments in Canadian securities: Canada treasury bills ..................................................................... 150 Government of Canada .................................................................9,607 358 8,878 669 7.637 288 7,038 6.793 6.993 6.359 1,212 1,210 1, 111 1, 111 981 731 637 18,268 ::'.:::::::::::::::::::'::::::.:::::: } Bank term deposits' ................................................................ Other term deposits' ................................................................ Corporation bonds and debentures ............................................ 9,215 Mortgages ............................................................................................. 759 Investments in Canadian shares: Preferred shares ......................................................................... 36. 129 13,060 15,727 8,926 6.883 8,761 17.738 12,727 710 7,734 655 7,508 621 7.249 597 6,520 5.561 649 575 a b a i ii ii1i } b c v vii viii ix t 41,284 43,216 45,740 45.887 48.523 46,755 ................... :::::::::::::::::::::::::::::::::::::: } 424.428 Investments in foreign securities: i Bonds, debentures, notes, etc. .............................................. .......909 ii Preferred and common shares ................................................... 36, 899 Investments in subsidiary and affiliated companies: i Preferred and common shares'................................................ iiAdvances and other loans' ...................................................... 418.876 427,812 438.533 443.686 441,776 442,209 948 37,631 1,696 39,771 1,309 42,189 1.266 42,813 1,081 1,785 44,227 44,082 Investments portfolio at cost ................................................. 537, 576 535,682 546.028 553, 263 556,155 559,261 565,701 4 Accrued interest and dividends receivable ......................................... 638 620 763 642 823 717 5 Amounts due from brokers and other current assets ..................... 6 Land, buildings, furnitures and leasehold improvements .......... 1,705 1,388 1,920 1.540 1,423 1.771 7 Other assets ........................................................................................... 2, 5 93 2,569 2.144 3,935 3,973 3,155 a, 543,865 548,634 556,093 565,878 566,694 570,994 577,423 17,161 17,113 11,441 14,699 14.183 13,987 2,483 12 Short term loans and notes payable .............................................. ... 7,666 11,686 15.244 15,249 17,930 19,050 17,278 13 Accounts payable: a Income taxes payable ......................................................................... 262 b Amount due brokers ........................................................................ 2,887 cOther payables ................................................................................ j1 d e i 1 . Total assets at cost ............................................................ .. 8 Liabilities 11 Bank loans: Ohbkl } 328 233 230 243 441 386 2,598 4,256 3.626 3.520 4,585 3,772 14 Long term debt ......................................................................................28,885 28,202 28,587 28.575 24.050 24,013 24,011 15 Other liabilities .................................................................................... 2,094 1,114 1,026 427 440 526 583 21 Share capital: Preferred shares ::,:::::::::::::,::: 246,346 246,887 253,815 254.112 251.209 251.276 252,173 238,564 240,706 241,491 248,960 255,119 257,116 276,737 543.865 548,634 556,093 565,878 566,694 570,994 577, 423 Shareholders' equity a } 22 Retained earnings ............................................................................ 23 Realized gains on sale of securities ........................................... 24 Total liabilities and shareholders' equity at cost Data not available prior to first quarter 1969. 'Includes investments in and advances to subsidiaries up to fourth quarter 1968. - 41 TABLE'UJ 25. Sociétés de placement Etats financiers trimestriels - Estimations de tacIt!. a capital lixe passil ci de lu part des actionnaires 1969 1968 2 (tU 23 1 4 3 No milliers de dollars Act if 2,082 28,575 1,582 '715 33,502 542 4.585 2,111 4.733 796 2.204 2.195 En caisse et depOts a demande en monnale canadienne: I En caisse et dOpOts a demande dana lea batiques ........................................... a Depots a demande dana d'autres InstitutIons ... . ........................................ ... I, 803 167 1,950 2,259 1,853 3.956 Devises étrangêres ................................................................................................... 2 20 15 6.325 5,410 659 678 15 5,470 641 74 5,470 78 1,014 7,996 574 9.607 1,970 1.000 17,107 550 9,041 549 3,444 6,520 10,859 1,150 8,944 433 4,975 5,550 6.567 1,750 12,043 1,009 - 1 453 ' Portefeuille 3 Placements en vat curs canadiennes' a Bons du Trésor du gouvernement du Canada ........................................... Obligations du gouvernement du Canada.................................................... ii J Obligations des provinces .............................................................................. iii 'i Obligations des municipalitOs ........................................................................iv Billets des soclétés de financement des ventes .......................................... v Titre eommerciaux ............................................................................................ vi DepOts a terme dana les banques 1 .................................................................. vii Autres depOts a terme 1 .................................................................................. ... viii Obligations des sociOtés .................................................................................. ix Hypothèques ....... ................................................................................................. b Placements en actions canadiennes: Actions privilCgiées ...................................................................................... Actions ordinaires 2 ........................................................................................ Actions de fonda mutuels ............................................................................... Placements en valeurs CtrangCres d Obligations, billets etc . ............................................................................ Actions prlvilégiées et ordinaires ............... .............................................. .... It Placements dans lea société filiales: e Actn'ns privilCgiées et ordinaires' ............................................................ Ai'nces et autres emprunts' ......................................................................... U 16,820 4.850 9,519 6,125 6,604 575 564 7,730 565 45,208 39,660 472. 053 474, 629 1 484. 887 65 36,347 475, 517 166 36,669 489.480 155 43,500 497,456 461 2.960 3,641 48,377 50,580 3,149 53,961 1,933 37,686 1.775 35,082 2,316 33,246 8,998 1 23. 002 23. 393 25, 802 34. 092 26,516 25,030 599,122 586,631 611,036 634, 383 663.989 671,479 PorteleulIle so pus de revient ................................................................ 709 1,762 686 1,096 843 887 1ji,rt curu et dividendes a recevoir ................................................................ 2.080 Montants dus par agents de change 01 autres disponibilités ............................. S 36,036 ...4 1.166 2.923 3,072 1 2.289 1 574 582 Terrains, immeubles, ameliorations locative et equipment ............................... 6 3,597 5.016 3,355 2,803 2,582 Autre actif ................................................................................................................. 7 613.020 622,613 655,655 650.861 677,880 685.965 Actif total su prix de revient .................................................................... 8 Passif 1, 90 2.873 1 2.799 173 16.682 993 9,071 993 Emprunts bancalres: 11 Fmprunts des banques a charte ......................................................................... a Autres emprunts bancaires ................................................................................. h 16,265 4,825 3.752 1.001 1.001 2,001 Emprunts a court terme et billet a payer .............................................................. 12 450 647 4,675 380 803 12,895 514 3.857 2.784 1 442 1,870 2.435 402 2.481 2,315 Comptes a payer 13 ImpOt sur Ic revenu a payer .................................................................................. a Montants dus aux agents de change ....................................................................b Autres comptes a payer ........................................................................................ C 23,685 20,646 20,459 20,416 20,365 22,670 411 624 476 2,814 3,112 3,651 Dette a long terme ................................................................................................. 14 Autre passif ............................................................................................................ ..15 Part des actionnatres Capita1actions: 21 Actions prtvilegiées ............................................................................................ a Actions ordinaires ............................................................................................. C, 294, 137 294.979 .313,161 J 178,481 146. 166 187. 785 138.411 196,701 139,564 270,776 294,822 301,236 1 171,511 176,118 175,657 BOnéfices retenus ................................................................................................... 22 120,345 128,666 130,459 Gains realises sur Ia vente de valeurs mobiliOri's ...........................................23 650.861 677.880 685.965 .1 1.020 622,613 655,655 t)isponibles seulement 1 a partir de premier trimestre de 1969. Total du passif et de l'avoir des actionnalres au pris de resient Y compris lea placements dans les filiates et tea sociétés affiliées ainsi que les avances faites a 24 ces soclétés juaqu'au quatriOme trimestre de 1968. - 42 - TABLE 26. Closed-end Funds Investment Portfolio at Market Value 1966 3 No. I i Investment portfolio: Investments in Canadian securities: Canada treasury bills .................................................................. 150 i Government of Canada ..............................................................9,454 ii Provincial governments ............................................................1 iii . 154 Municipal governments ............................................................ iv Sales finance companies notes .............................................. v vi Commercial paper .................................................................... . 3 8, 268 vii Bank term deposits' ................................................................ viii Other term deposits' .................................................................. Corporation bonds and debentures ..........................................8.913 . ix bMortgages ......................................................................................... 759 Investments in Canadian shares: c Preferred shares ...................................................................... ..2, 554 i Common shares ........................................................................ . 1 ii iii Mutual fund shares ................................................................... ,, 640, 048 Investments in foreign securities: d Bonds, debentures, notes, etc. .............................................. ..867 i ii Preferred and common shares .................................................46.. 707 Investments in subsidiary and affiliated companies:' e i Preferred and common shares' .............................................. ii Advances and Other loans 2 .................................................... Total portfolio at market ..................................................... 768,874 2 Unrealized appreciation .................................................................. 231, 298 3 Total assets at market ............................................................ .775,163 4 a 2 19€ 7 thousr ads 2 of dolli rs 196 4 358 8,800 669 7,712 288 6,928 6.671 6,788 6.102 1, 155 1,082 1,056 913 648 539 13.060 15,727 8.926 6.883 8.761 17.738 12,452 709 7.648 655 7,299 621 6,879 597 6.074 649 5.185 571 54,790 61,366 61,761 59,079 57,064 52,041 611,174 677,872 664,249 674.577 609,616 566,197 932 50.009 1,687 60,822 1,270 61,144 1,279 66,710 1,114 66,182 1,939 53,207 753,439 835,240 217,757 289,211 766,391 845,305 813, 542 260,279 826,157 823,588 756.893 197,632 768,626 703,519 137,818 267,433 834, 12'? 715,241 Data not available prior to fourth auarter 1968. Included in item 1 (cii) prior to fourth quarter, 1968 TABLE 27, Closed-end Funds Quarterly Statements of Estimated Revenues and Expenses 1966 Revenue Interest .................................................................................................... .679 31 Dividends: 32 5,613 Canadian companies ....................................................... ................... . a Foreign companies .............................................................................291 I) 7. Other revenue .........................................................................................484 33 Total revenue .............................................................................. . 067 34 1967 I 1 thou 1 213 4 1968 5; 8,305 7,536 4:i6 469 545 530 6,036 6,507 6,872 5.421 303 315 292 256 381 586 346 493 7,87'? 7,265 8,040 6,606 520 539 301 208 848 1,140 1,669 1,887 6,636 5,649 653 568 553 453 250 208 528 124 580 619 645 762 1,548 1, 356 1,843 1,196 5,717 6,521 6,197 5,410 720 710 6,779 6.047 436 300 370 479 Expenses 40 41 42 44 45 46 48 Management fees' .................................................................................. Directors' fees' ...................................................................................... Custodian and transfer agents' fees' .................................................. Transfers to reserves' .......................................................................... Interest paid ...........................................................................................550 .. Income taxes ...........................................................................................191 Other expenses .......................................................................................699 Total expenses .............................................................................. .440 Net profit ......................................................................................... 5,627 49 51 Data not available prior to first quarter, 1969. TABLE 28. Closed-end Funds Quarterly Statements of Estimated Retained Earnings 1966 1 1967 2 I 3 4 thousands of dollars 61 Balance at beginning of quarter .......................................................... 1968 I 1 236,576 238,564 240.706 241,491 248.960 255,119 257,116 Add: 62 Netprofit ...............................................................................................5 , 6 27 6,636 5,649 5.717 6,521 6,197 5,410 63 PrOfit (losses) on sale of securities' ............................................... 1 .863 1,209 875 7,217 5,039 20,724 20,186 Deduct: 64 Dividends declared ...............................................................................5,545 5,868 8.789 5.927 5,394 24,586 5, 611 65 Other adjustments 2 ................................................................................- 43 - 165 - su - 462 7 338 564 240,706 241,491 248,960 255,119 257,116 276, 7 17 66 Retained earnings at end of quarter ............................................ ., 238 1 1 Profits shown are after deductions of losses that have occurred: losses are after deduction of profits for the quarter Includes unaccounted items. S - 43 - a I •%RLE.-%U 26. Sociétés de placement capital fixe Portefenile a Ia valeur au marché 1968 1969 1 1 milliers de dollars 2 3 20 6.144 15 5.348 15 5.300 74 5.284 16 820 4,850 9,519 { 1.000 NO - 1.014 7.761 9.291 1,970 3,444 6.520 10,859 1.150 9.125 433 4,975 5.550 6.567 1.750 12,110 1,009 5,683 575 6,383 584 8,444 611 17,107 550 9.395 549 58,769 659,648 51.265 707,268 46,247 1 750, 351 67 48,221 749,156 192 49.492 747,307 169 53,825 710,564 514 3.026 62.518 3.760 64.486 3,243 66,715 1,941 43,663 1,745 35,987 2.171 32,479 27,879 34.092 30,658 25.030 931,461 897,862 273,472 951,352 226,383 912,348 844,524 900.029 1 29. 420 23. 002 932,018 257,893 880,506 288,993 297,635 944,648 948,496 9.016 813,768 214.646 827,666 Portefeuille 1 Placements en valeurs canadiennes: a Bons du Trésor du gouvernement du Canada ................................ Obligationsdu gouvernement du Canada ....................................... ii I Obligations des provinces ............................................................... iii Obligations des municipalités.........................................................vi Billets des sociétés de financement des ventes ........................... v Titres commerciaux .......................................................................... vi Dépöts terme dans les banques' ................................................... vii Autres dépôts 8 tense' ..................................................................... viii Obligations des sociétés ................................................................. ix I-lypothèques ........................................................................................... b Placements en actions canadiennes: Actions privilégiées ......................................................................... C I Actions ordinaires ............................................................................. II ActiOns de fonds mutuels ................................................................. iii Placements en valeurs étrangères: d Obligations, billets, etc . ................................................................ Actions privilégiées et orclinalres................................................... ii Les filiales et lea soclétés afflliées e ActIons privilégiées et ordinaires' ................................................ Avances et autres emprunts' ........................................................... ii a : Total duportefeulile ..................................................................... 2 Appreciation non réalisée......................................................................... 3 Actlf total ha valeur du marché ..................................................... 4 l Disponibles seulement a partir du quatrième trimestre de 1968. Compris dana le poste 1 (cii) avant le quatr1èrn 2 trimestre de 1968. a TIBLEAU 27. Sociés de placement capital use Etats financiers trimestriels Estimations des revenus et des dépenses - 1968 1969 1 4 rnlllIers ae dollars 2 2 675 988 870 829 739 849 6,458 189 347 8,317 159 631 5.468 231 588 5,235 191 684 8,679 613 557 5,835 166 326 7,669 10,095 7,157 6,939 10,588 7.178 231 47 25 232 49 73 10 468 367 1,012 230 56 56 10 707 261 692 Revenus Intért ............................................................................................................ 31 Dividendes: 32 Sciétés au Canada ..................................................................................... a Sociétés hors do Canada ............................................................................. b Autres revenus .................................................................................................33 Total desrevenu.s ...................................................................................34 Dépenses 1,435 1,437 1,846 1,708 2,211 2,002 Frais de gestion' ............................................................................................. 40 Jetons di' presence des administrateurs' .................................................... 41 Retribution des dêpositaires et des agents de transfert' ........................... 42 Transfert aux reserves' ................................................................................... 44 Intér8t verse ..................................................................................................... 45 Impãt sur le revenu ......................................................................................... 46 Autres dépenses ............................................................................................... 48 Total des dépenses ................................................................................. 49 6,234 8,658 5.311 5,231 8,377 5,176 Bénélicenet .............................................................................................51 353 299 783 I 293 437 707 - 299 423 1,124 299 427 679 Disponibles seulemeot 8 partir du premier trimestTe 1969. a TABLFAU 28. Sociétés de placement capital lixe Etats financiers trimestriels - Estimations des bénéficea retenus 1968 2 Ia 1969 1 1' 4 mill iers de dollars 2 276.737 270,776 294,822 301,236 291.856 6,234 8,658 4,441 28,008 5,311 5,956 5,231 7,043 8.377 10.285 3 I IN° 304,784 Solde su debut du triniestre ...........................................................................61 Ajouter: 5,176 Bénéfice net .................................................................................................62 ,L01L Gains (ou pertes) sur Ia vente de valeurs mobilléres' .......................... .63 Dédui re: 6.093 5,431 6,635 7.688 6,090 6,180 Dividendes déclarés ...................................................................................64 0,543 7,189 - 1,782 13,966 -356 -319 Autres rajustements' ...................................................................................65 i W ,776 294,822 1,236 291,856 304.784 306,116 Solde ala fin du trimestre .....................................................................66 2 Y compris les posies inexpliqués. Gains: après deductions des pertes encourues; pertes: apr85 deductions des gains réalisés. - 44 - TABlE 29. Closed-end Funds Quarterly estimates of Movements of 1966 1967 3 No. 4 1968 1 2 3 4 1 thousands of dollars Sources 1 Sale of shares .........................................................................................4.912 . 541 2 Undistributed profit' .............................................................................. ....82 864 3 Realized capital gains .......................................................................... .1.863 1,209 875 4 Brokers 3 .................................................................................................. 753 28 1,126 5 Chartered bank loans ............................................................................ 6,530 ,530 6 Long term debt ....................................................................................... .. - 7 Other liabilities' .................................................................................... . - 48 6,928 - - 140 385 .225 3,106 3,375 799 5,017 1,043 7,022 12 Canada treasury bills .............................................................................. .. 150 208 13 Government of Canada .......................................................................... 14 Provincial governments .......................................................................... 1 15 Municipal governments .......................................................................... 16 Sales finance companies' notes ........................................................... 1 17 Commercial paper ................................................................................... J 18 Bank term deposits ................................................................................ 19 Other term deposits 20 Corporation bonds and debentures ...................................................... 21 22 Canadian common shares...................................................................... 8 Total of items 1 to 7 ....................................................................... - 2,903 67 897 162 1,127 7,217 5,039 20,724 250 11 757 - 196 - - - 5,672 683 - 297 3,258 - 12 - - 516 4.525 - 18,322 - - 37 597 2.707 1,404 6877 9,751 940 4,397 3.137 1,260 -2,178 1,810 - - 305 20,486 1,209 11,504 - 2 1,770 - 6,593 Applications' Cash and demand deposits:N 9 In banks .............................................................................................. 10 Demand deposits in other institutions............................................ 11 Foreign currency ................................................................................ - ...436 - 286 - 729 - 2 - - - 381 - 288 - 1,241 - 599 - 245 200 - - - 130 250 - - 99 9,428 . .- 811 3,512 Canadian preferred shares ......................................................................- 1,764 5,155 1,932 2,524 147 5,552 8,936 10,721 5.153 39 748 732 2,140 2,418 624 387 1,222 202 6,877 9,751 940 23 Canadian mutual fund shares ................................................................ 12,921 - 5,208 - 1,385 311 - - - 2,667 - 4,993 - 6,801 226 - - 2,043 - 259 - 1,878 - 729 2,636 - 634 94 8.977 - - 959 1,768 1,910 1,442 185 704 j 24 Foreign bonds, debentures, notes, etc. ............................................ . 259 25 Fbreign shares ....................................................................................... 26 Subsidiary shares . ................................................................................ 27 Advances to subsidiaries ' ........,, .......................... ....................... 28 Other' .......................................................................................................... 280 29 Total of Items 9 to 28 ...................................................................... 799 - 915 - 160 5,017 i Refer to text page 49. This item consists of net profit after deductions of dividends. Amount due to brokers is shown after deducting amounts due from brokers and other pavablis. 'Includes: Short term loans and notes payable, income taxes payable and other ]iabiities. 'Includes: Term deposits up to and including fourth quarter 1968. Included in item 22 prior to fourth quarter 1968. Includes: mortgages, accrued interest, fixed assets, other assets and unaccounted items. - - 387 - 43 - 1,414 - 145 467 455 4,397 6,593 - I - 45 - S TABLEAU 29. Sociéts de placement a capital lixe Estimations trimestrielles des rnouvemefltS de Is trésorerie 1969 3 I 1 I 2 I 3 Provenance' 994 Bénéfices non r6partis 2 .,. ........................................ 2 8,321 454 Gains de capital réalisês ........................................ 3 - 6,403 - 1,553 700 Agents de change' ..................................................... 4 1,183 - 3,653 14,703 - 7,611 Emprunts des banques a charte ............................... 5 187 43 - 51 - 2,095 Dette a long terme ..................................................... 6 1,065 3,050 226 1 ,496 Autre passif ............................................................... 7 12,006 - 11,986 25,372 8,141 Total des posies I a 7 ..................................... 8 1.432 - 1,880 - 3,107 2,294 - 28,008 5,956 304 2,988 6,758 931 150 3,177 4,441 - 1,612 - - 326 - - 1,121 - - 39 - 11,015 - 28,466 : 44,695 Vente d'actions ......................................................... - 2,134 6,278 318 91 1,241 43,025 .1 Eniploi' Encaisse et dépöts - 6.537 26,109 278 - 148 28,917 1,569 - 309 - 4 . - 918 915 19 22 - 5 - - - 59 60 - 37 - 4,669 1 11,970 - 406 1,014 Bons do Trésor do gouvemement du Canada ............................................. 12 1,611 ObligatIons du gouvemement du Canada ................................................... 13 879 Obligations des provinces ........................................................................... 14 - - 1.126 1.868 563 1 41,351 10,273 - - - 6.248 - 6,263 6,377 15 101 - 492 - 4,295 2,257 - 763 - 21,991 2,354 366 737 835 44,695 28,466 12,006 - - 1,267 11,986 a court terme des soclétés de financement de ventes ................... 16 Dépöts a terme dans les banques ...............................................................18 600 600 Autres dépôts 6 terme ....................................................................................19 102 219 Obligations des soclétés ............................................................................. 20 68 3,460 Actions priviléglées canadiennes ............................................................... 21 12,264 2,198 Actions ordinaires canadiennes ................................................................... 22 11 206 Actions de fonds mutuols canadiens ........................................................... 23 - Obligations, billets. etc. étrangers ............................................................. 24 - - Billet 4,292 - 16,189 Obligations des municipalités ..................................................................... 15 Titres commerciaux ........................................................................................17 - 1.216 . 970 - 1 - 1,396 5,520 6,034 919 - 8,519 425 1,175 4 1.474 3,624 1 1 - 1,970 550 479 0 Dé pôts Devises êtrangères ................................................................................... 11 2,526 - a demande dans d'autres institutions ...................................... 1,229 2,103 940 63 a demande': . Dana les banques .......................................................................................9 1.315 - 17,107 564 -2,529 158 2,940 - 1,604 Actions ëtrangères ......................................................................................... 25 2,409 - 2,740 Actions des soctétés filiales' ..................................................................... 26 11,090 - 9,062 Avarice des sociétés filiales' ..................................................................... 2'? 347 179 25,372 8,141 - Autres' ............................................................................................................. 28 Total desposies9 628 ....................................................................... 29 Prjère de se référer an texte page 49. Sert S designer lea bénfices nets après deduction des dividendes. Après dCduction des montants dus par les agents de change et autres comptes a payer. Y compris los emprunts ci lea billets S payer a court terme, impôt sur le revenu a payer et autre passif. V compris los depots S terme jusqu'au quatriCme trimestre 1968 inclusivement. Compris dana Ic poste 22 avant Ic qualrième trimestre 1968. V compris lea hypothéques, l'intérêt couru, les imniobilisations, autre actif et les postes inexpliqués. - 46 - TABLF 30. Investment I)ealers Quarterly Estimates of Assets and Liabilities 1966 3 1967 1 4 1968 2 3 4 1 thousands of dollars Assets 1 Cash on hand and demand deposits: a In Canadian dollars: i Ii b 2 Cash and bank demand deposits' ............................................ . 6,876 Deposits in other institutions .............................................. .... 1,551 9,245 14.038 386 487 11.603 423 In foreign currency ........................................................................... 1,747 718 622 6.310 31.087 17.017 11.464 689 340 492 1,170 521 793 Securities owned: a Canadian: i Bank term deposits ...................................................................79, 776 43,848 61,430 33,056 72,678 56,804 38.443 It Finance companies' paper .......................................................40,818 50.030 94,012 55,850 63,643 62, 179 59.425 60, 387 179,323 205,308 224.897 223, 572 198, 158 141,237 30, 330 12,048 60,246 43.970 20.264 84,905 122,754 86,457 71, 172 45,721 iii vi v Commercial paper ...................................................................... . Canada treasury bills ............................................................... Government of Canada: A Term less than 3 years ....................................................... 43, 506 70.835 90, 111 81.462 B Term over 3 years ................................................................. 23, 662 63,806 66,320 16. 776 9.634 56,040 54,993 vi Provincial governments ............................................................ . 65, 153 66, 254 90, 157 95, 803 57, 661 70, 133 72. 454 Municipal governments ..............................................................18, 123 35, 507 40,827 27,688 21,663 19, 141 14,744 viii vii Corporation and institution bonds ........................................... 38. 990 46, 172 42,868 57,501 41,965 38, 237 29,025 ix Preferred and common shares ................................................... Other investments ..................................................................... 17, 867 22,629 18,758 15,465 17,362 1 23.663 14.403 . ...5 203 1. 100 757 479 431 874 820 10,487 2.639 5.942 x b . Investments In foreign securities: i ii 3 Term deposits ............................................................................ Other securities ........................................................................ 5,625 4,030 2, 21 Loans and advances: a Subsidiary and affiliated companies .............................................412 1,369 1,515 1,388 2,423 2,970 4,408 b Other loans and advances receivable ........................................ ...55. 716 33,790 37, 176 48.362 76,415 45, 115 45,321 586, 739 646,650 827,614 727,253 732,787 750,856 658,770 4 Land, buildings, furnitures, and leasehold improvements' .......... 5 Stock exchange and grain exchange seats' .................................... 6 Other assets2 ...................................................................................... 7 Total assets 2 ............................................................................. S Liabilities 11 Loans: a Bank overdrafts ............................................................................. 395,473 481,696 559,120 524,095 549,597 548.476 507,864 b Day to day loans ............................................................................4.083 . 10,096 7,580 13, 384 20,277 30, 192 32,877 cCall loans 2 .................................................................................... d Secured loans under buy back or repurchase agreement 2 ........ e Loans from parent, subsidiary, and affiliated companies ......... 4, 939 11.376 11,602 8,297 8,208 8,872 7,760 .2,459 17 132.296 224.838 178,907 166,094 134,259 151,542 Total liabilities and shareholders' equity' .. ....................... .586, 954 635,464 803,140 724,683 744,176 721, 799 700,1)4 1 Other loans ................................................................................... 12 Accounts payable and other liabilities .......................................... 21 ShaTe capital: Shareholders' equity 2 aPreferred shares' ......................................................................... bCommon shares2 ............................................................................ 22 Retained earnings 2 ............................................................................ 23 Reserves2 ........................................................................................... 24 2 Prior to 1966 demand deposits includes an undetermined amount of term deposits stitch are included from first quarter, 1966 in item 2 al. Some data not available prior to first quarter 1969. Preferred shares also includes subordinate debentures. Fj 1 .It1.I it .10 ('otlrtu'r'. de pIa(''II'rtt fT.stirnuti,ns trin€'stri'Il'. (l I'actif €t du pu.! 1969 '((itt 3 4 1 2 Ni milliers de dollars Actif Encaisse et depots a demande: Dollars canadiens: 13,218 25, 903 211 386 353 17,608 2,608 20.321 15,132 17,344 En caisse et dOpts 14,043 a a demande bancaires .................................................... 260 261 DepOts dans d'autres institutions .................................................................. 1.118 2,442 Devises étrangères................................................................................................ LI b Valeurs dOtenues: Canadlennes: 46.435 105,074 1 '7.844 115,058 95,491 100,879 7d.576 206.862 230,161 150,557 ((7,195 56.485 56,212 98,468 58.464 DepOts a 28,4 14.003 92.2 124.119 Titres de sociétés de financement des ventes ............................................ terme dans les banques .................................................................. 207.3 195,827 Titres commerciaux .......................................................................................... 148,6 141.013 Ii iv Bons du TrOsor du gouvernement du Canada ................................................ Obligations du gouvernement du Canada: 86,485 58.367 25.920 33,019 122 85,947 86,388 .511 138.539 105.473 29,953 12,668 598 18,334 830 44.362 34,315 34,688 7.166 16,933 24,204 24,476 • (fl 1.155 1,360 2.604 7. 265 63.477 V A Echéance en moms de 3 ans ...................................................................... 83,0 98,802 29,9 44,607 Echéanceen plus de 3 ans.......................................................................... B 84,9 91,128 Obligations des provinces .............................................................................. Vi 17,5 14,417 Obligations des municipalittts ........................................................................ vii 31,4 33,289 Obligations des municipalités ........................................................................ Viii 18,1 15,793 Actions priv!légiées et ordinaires.................................................................. ix 5,2 246 Autresplacements ............................................................................................ x b Placement en valeurs étrangSres: a 8.9 8.973 DepOts 4,1 4.203 Autres valeurs étrangères................................................................................ 4,217 3,374 6.913 10,6 10,441 39,419 358,804 591,1 479,140 6,563 8,3 8.813 Terrains, immeubles, mobilier et ameliorations locatives 2 ................................ 1,271 4.9 5,357 AdhesIons 8. Ia bourse des valeurs moblllères et 1.855 7,4, 7,823 Autreactif 2 ................................................................................................................ 274 I, 193,981 1,401.2 2,279 1,726 ç 8.224 1,. 4,008 terme .................................................................................................. 3 Prêts et avances: , ip I. 'i7 '(U iIti, 796, 1,314. 740 11 Soclétés fillales et affiliées .............................................................................. a Autre préts et avances b a recevoir ...................................................................... a Ia bourse des grains 2 ...... Totalde I'actll' ................................................................................................ 4 5 6 7 Passif 11 ' 658,234 556,085 68, 399 16,6 11,830 8.230 221,024 234,0 333,460 Emprunts au jour Ic jour ...................................................................................... 374, 553 469,0 351,318 Emprunts remboursable sur demande 2 ................................................................ c 32,288 109,6 83,345 Emprunts garantis en vertu de conventions de rachat 2 .................................... d e 7, 11,804 13,823 e( 244,247 4 ,713 Dttcouverts de compte de banque........................................................................ 18, 136 16,2: 24,833 Efnprunts d'une socléttt mOre, dune fillale ou d'une soclété affiliOe .......... 66, 222 47,2 33,723 Autres emprunts .................................................................................................... 328.88 397,3 373,913 omptes a payer et autre passif ............................................................................ a b 12 Part des actlonnaires 2 ;apltaI-actions: 21 17.701 24.693 24.806 ActIons privilégiées'..... ....... ................................................................................ .a 13,721 10,865 10,938 Actions ordinaires 2 ...............................................................................................b 45,344 66,403 65.965 BCnélIces retenus 2 ................................................................................................ 22 . 7,707 9.077 7,726 Reserves 2 ................................................................................................................ .23 II, 906,864 822,385 1,193, 981 1,401,283 1.314,740 Total dii passif et de Is pt des actiomnaires2 ............................................ .24 posto comprenait aussi, avant 1966, un certain nombre de depOts l)isUnflIhli'S io'ulement 8. partir du premier trimestre do 4969. ii l.'s h1iatin i' I'i,xiinir rail,. C a terme; lls sont compris, 8. partir du premier trimestre de 1966 dans le poste 2 a 1. - 48 METHODOLOGY AND SOURCES M1THODOLO6IE FT SOURCES Corporations and financial institutions submit financial data directly to Dominion Bureau of Statistics on a quarterly basis. While it may be desirable to obtain returns from every firm operating in Canada, the cost and resources involved in compiling, collecting, analysing and aggregating such a mass of statistics dictates the utilization of sampling and statistical techniques, particularly in industry groups comprising numerous small firms. Les sociétés et les institutions financières co muniquent au Bureau fédéral de la statistique chaqi. trimestre les renseignements concernant leurs acrivités financières. Ii serait souhaitable d'obtenir lc chiffres de toutes les sociétés exercant au Canada; mais le coüt ainsi que le travail de collecte, de dépouillement, d'analyse et de groupement d'une telle masse de statistiques exige lerecours a l'échantillonnage et aux techniques statisticiues, en particuher en ce qui concerne les groupes réunissant un grand nornbre de petites sociétés. All large corporations are required to submit a return each quarter. For the balance of the companies, sampling techniques are utilized. The present sample is stratified into four size groups. The greater the total assets of a firm the larger the percentage of firms that are required to submit returns in that size strata. Conversely, the smaller the total assets, the smaller the percentage of firms required in the sample. Toutes les grandes sociétés sont soumises a ha declaration trimestrielle. Pour les autres sociétés on procède par sondage. L'échantillon actuel est stratifié en quatre groupes de taihle. Le nombre de sociétés soumises a la declaration dans chaque strate est directement proportionnel a l'actif total des sociétés. In most industry groups, each category in the balance sheet, revenue, expense and retained earnings statements are linked by size strata and by industry group directly to annual national revenue tabulations which covers all corporations in Canada submitting income tax returns. Quarterly sampling data by size strata and by industry group are then blown up to universe proportions, category by category on the basis of each category's relationship in the sample to the universe data. The resultant estimates for each category are revised (rebased) annually on the basis of the more current year national revenue tabulations. Dans ha phupart des groupes on étabhit ha relation directe entre chaque rubrique du bilan et de l'état des revenus, dépenses et bénéfices retenUs par strate de taihie et par groupe industriel et les statistiques annuelles du revenu national sur l'ensernble des sociétés qui produisent des declarations d'impC sur le revenu. Ensuite on groupe les chiffres par strate de taille et par groupe industriel obtenus partir des sondages trimestriels afin de les amen aux proportions de l'univers, catégorie par categoric, compte tenu de la relation par rapport a l'univers dc chaque catégorie de l'échantillon. Les estimatiom ainsi calculées pour chaque catégorie sont revisées (nouvel univers) tous les ans a la lumière des statistiques courantes du revenu national. National revenue universe base data are adjusted quarter by quarter to reflect the structure of the industry as it is made up in the quarter under consideration. This involves adjustments for reclassification of companies into or out of the industry group, mergers, spin-offs, consolidations, deconsolidation, etc. Les données qui proviennent du revenu national et qui servent de base a l'univers sont rectifiées tous hes trimestres afin de traduire ha structure de h'industrie telle qu'ehle se présente durant he trimestre considéré. Cette rectification tient compte de nouvehles sociétés, des sociétés exclues du secteur, des fusions, des absorptions, des concentrations, des décentralisations, etc. In some industry groups, national revenue tabulations do not represent the entire industry. In such cases, a universe must be developed in order to have an universe base for the quarterly series. An example of this would be the local credit union series. For this series an annual census is conducted by officials of the department responsible for the regulations of credit unions in each province. Once these data are collected and compiled, each provincial department forwards the data on a national standardized form to DBS for further analysis and publication of an annual national report on credit unions in Canada. Certains groupes industriels ne sont pas entièrement couverts par hes statistiques du revenu national. Dans ce cas, il faut définir l'univers afin de disposer d'une base qui servira a l'étahlissement des series trimestrielles. La série sur les caisses locales d'épargne et de credit en fournit un exemple. En effet dans toutes hes provinces le ministre chargé du contréle des caisses d'épargne et de credit fait un recensement annuel. Les renseignements recueilhis sont dCpouillés puis chaque ministère provincial les transmet sous une forme normahisCe au B.F.S., qui fait une analyse plus approfondie et les pubhie dat,. son bulletin annuel sur hes caisses d'épargne et d credit au Canada. - 49 The data for the "Movement of Funds" .-tatement are calculated from balance sheets and iticome statements which crc reported quarterly DBS. Every attempt is made to determine true lows from the information collected but total )urces of funds and total applications of funds are not published as such on a quarterly basis as this would require a duplication of almost every category in the "Movement of Funds" statement. As a result, the decision was made to distinguish the most common sources and applications and maintain this segregation quarter by quarter. Users of this data who wish to utilize total sources and applications of funds may do so by rearranging this table. Total sources of funds may be obtained by picking up all positive items in the "Source" section and all negative items in the "Application" section. Total application of funds would Consist of all positive items in the "Application" and all negative in the "Source" sections. Les chiffres donnés sous la rubrique "Mouvements de la trésorerie" sont calculés a partir des bilans et des états des revenus envoyés trimestriellement au B.F.S. On s'efforce clans la mesure du possible de déceler les flux reels, a partir des renseignements recueillis, mais les totaux quant a la provenance et a 1' emploi des fonds ne sont pas publiés comme tels trimestriellement, car ii y aurait double emploi avec la rubrique "Mouvements de la trésorerie" dans presque toutes les categories. Pour cette raison, on a décidé de distinguerlesprovenances et les emplois les plus courants et de s'en tenir a cette distinction pour les series trimestrielles. Les utilisateurs gui désirent se servir des chiffres globaux de la provenance et de l'emploi des fonds peuvent obtenir ces chiffres a partir de ce tableau. Pour calculer la totalité des provenances de fonds, il suffit d'additionner tous les postes positifs de la section "Provenance" et tolls les postes négatifs de la section "Emploi". La totalité des emplois sera la somme des postes positifs de la section "Emploi" et des postes négatifs de la section "Provenance". NATIONAL ACCOUNTING RECONCILIATiON CONCILIATION AVFC LA COMPTABILIT N,i'IONALE Under present methods of national accounting, the operating results of all corporations within the nation are summarized. Due to conceptual ilifferences between national accounting and usiness accounting, particularly in the area of ::in-cash outlays, the respective profits do not directly conform. To reconcile these two profit concepts, the following procedures may be utilized: Les méthodes de comptabilité nationale employées actuellement permettent la recapitulation des résultats d'exploitation de l'ensemble des sociétés du pays. Etant donné les differences d'ordre théorique entre la comptabilité nationale et la comptabilité des entreprises, en particulier clans la section qui concerne les dépenses n'exigeant pas de déboursés en espèces, les bénéfices ne concordent pas dans les deux systèmes. Afin de les faire concorder, on peut procéder de la manière suivante: Industry net profit Bénéfices nets de l'industrie Add: current income taxes deferred income taxes depreciation depletion provision for (transfer to) reserves Aj outer: impôts courants sur le revenu impéts différés sur le revenu amortissement épuisement provision pour (ou transferts aux) reserves Deduct: dividends received from Canadian corporations capital gains reported as a revenue item charges to reserves and actual losses and write-offs charged as expense items capital cost allowances Dédu ire: dividendes payés par les sociétés canadiennes gains de capital déclarCs au poste des revenus montants portés aux reserves et pertes réelles ou défalquées imputées sur les dépenses allocation du coüt en capital Approximates: National Accounts Corporation profit before taxes (item 3, Table 1, Catalogue No. 13-001) Donnant un aperçu approximatif des: bénéfices des sociétés (comptes nationaux) avant les impéts (poste 3, Tableau 1, numéro de catalogue 13-001) Other national accounting conventions, such the elimination of charitable contributions as D'autres principes de la comptabilitC nationale comme par exemple l'élimination des versements aux :euvres de charité au titre des dépenses, ont une nins grande influence sur les bénfices. - 50 - LIST OF GROL'PS LISTF DES GROIPFS The following is a tentative list of financial La liste suivante est un projet de liste des in institutions or financial intermediaries which are titutions financières ou des intermédiaires financier or will be included in this publication: qui sont inclus (ou le seront) dans Ia présente puhi: cation: Banques a charte Sociétés d'assurance-vie Sociétés d'assurance-incendie et d'assurances générales Sociétés de fiducie Sociétés de prëts hypothécaires Caisses locales d'épargne et de credit Caisses centrales d'épargne et de credit Courtiers de placement Sociétés de financement des ventes et de prêts aux consommateurs Sociéés de financement des entreprises Fonds mutuels Sociétés de placement a capital fixe Sociétés de gestion de placements Entrepreneurs et aménageurs fonciers Agents et courtiers Sociétés financières diverses Chartered banks Life insurance companies Fire and casualty insurance companies Trust companies Mortgage companies Local credit unions Central credit unions Investment dealers Sales finance and consumer loan companies Business finance companies Mutual funds Closed-end funds Investment-management companies Real estate operators and developers Agents and brokers Miscellaneous financial companies Definitions of Groups Definition des groupes Fire and Casualty Insurance Companies Sociétes d'assurance-incendie et dassurances générales This group covers fire and casualty insurance companies (including Canadian reinsurance companies) operating in Canada under the Canadian and British Companies Act, the Foreign Insurance Companies Act, and corresponding provincial legislation. Accident and sickness branches of life insurance companies are not included nor are the numerous but very small local or parish mutual companies. Ce groupe comprend les sociétés d'assurance incendie et d'assurances générales (y compris l sociétés canadiennes de reassurance) exercant Canada aux termes de la Loi sur les compagnil d'assurance canadiennes et britanniques, de la U sur les compagnies d'assurance étrangères et des lois provinciales correspondantes. Les divisions accident" et "maladie" des sociétés d'assurancevie en sont exclues, ainsi que les nombreuses petites mutuelles locales ou paroissiales. Trust Companies Soctétés de fiducie This group includes all companies incor porated under the Trust Companies Act of Canada and corresponding provincial acts. Ce groupe comprend toutes les sociétés constituées aux termes de la Loi sur les compagnies fiduciaires et des lois provinciales correspondantes. 1. Balance sheet and income statement data Les statistiques tirées des bilans et des états includes both company funds (shareholders' des revenus couvrent a la fois les fonds de Ia société equity) and guaranteed funds (deposits and certi- (part des actionnaires) et les fonds garantis (dépôts ficates). Estate, trust and agency funds are not et certificats). Les successions, les fonds de fiducie included. et les fonds administrés ne sont pas compris. Mortgage Companies SociCtés de prèts hypothécaires This group consists of all companies incorporated under the Dominion Loan Companies Act, savings certificate companies and other companies which raise funds from the public (either directly or through publicly owned parent companies) primarily for mortgage lending activities. Privately financed mortgage companies are not included in this industry group. Ce groupe comprend toutes les sociétds constituées aux termes de la Loi sur les compagnies de prét, les sociétés qui délivrent des certificats d'épargne et les autres soctétés qui réunissent des fonds du public (soit directement, soit par VintermCdiaire de sociétés méres qui sont des sociétCs publiques principalement en vue de préts hvpothires. I sociétés de prëts hypothécaires apitulix nyu i sont pas comprises dans ce grouu. I - 51 Local Credit Unions Caisses locales dêpargne et de credit This group includes all credit unions chartered by provinces to carry on credit union activities within the respective province except inactive credit unions, the majority of which have had their charters cancelled. Ce groupe comprend toutes les caisses d'épargne et de credit autorisées par charte provinciale a opérer dans leur domaine sur le territoire de la province, a l'exception des caisses inactives, dont la majorité se sont vu retirer leur charte. Central Credit 1nions Caisses centrales dépargne et de credit This group consists of leagues and other organizations that are organized as a central body to perform such services as accounting, financial, credit, investment, etc., for local credit unions as members of the league. In most provinces there is only one such central body whereas some provinces may have as many as 5 or 6, each having its own local credit union membership. Central Credit Unions generally provide services only for the local credit union organization but there are also Centrals that deal directly with individual credit union members. Ce groupe comprend les ligues et autres organismes constitués en organisation centrale afin de fournir aux caisses locales faisant partie de Ia ligue des services financiers et des services de comptabilité de credit, de placement, etc. Dans la plupart des provinces ii n'existe généralement qu'un seul organisme de ce genre, mais dans certaines provinces ii peut y en avoir 5 ou 6, chacun desservant les caisses locales membres. Les caisses centrales d'épargne et de credit ne fournissent généralement leurs services qu'aux caisses locales affiliées a l'organisme, mais ii existe aussi des centrales qui font affaires directement avec les sociétaires. Sales Finance and Consumer Loan Companies Soctétés de financement des ventes et de prêts aux consommateurs This group covers firms which are in the business of financing goods and services purchased at the factory, wholesale, or retail levels and of lending money to persons on the security of promissory notes and chattel mortgages. Included in this latter category are the companies operating under the provisions of the Small Loans Act. Excluded from this group are: wholly-owned subsidiaries which have been formed to finance only the goods and services of the parent company; companies primarily engaged in lending activities to corporations such as factoring companies and holdin g-management companies; and companies engaged in financing home improvement purchases. This group as herewith defined covers approximately the same firms as those in the DBS publication, "Credit Statistics's. Ce groupe comprend les sociétés qui s'occupent du financement des marchandises et des services achetés a l'usine, chez les grossistes ou chez les détaillants, qui prêtent de l'argent a des particuliers contre une reconnaissance de dette ou une hypothèque mobilière. Les sociétés exercant aux termes de la Loi sur les petits prêts sont incluses dans ce groupe. En sont exclues: les filiales en propriété exclusive qui ont été formées uniquement pour financer les achats de marchandises et le paiement de services a la société mere, les sociétés se livrant principalement aux prêts a des sociétés, comme par exemple les soclétés de factorage et de gestion de placements, ainsi que les sociétés qui se livrent au financenient des achats en vue de l'amélioration des maisons. Ce groupe, tel qu'il est actuellement défini, comprend approximativement les mémes sociétés que la publication du B.F.S. intitulée "La statistique du credit". Sales finance and consumer loan companies were combined in the one group when it was found difficult to separate the activities of the two groups. Most firms carry out both activities either as divisions or through wholly-owned subsidiaries. Where the activities are carried out through whollyowned subsidiaries the parent company generally submits a consolidated return. En raison de la difficulté de séparer leurs activités en deux groupes, on a place les sociétés de financement des ventes et celles de prêts aux consommateurs dans le même groupe. En effet, la plupart se livrent aux deux activités en même temps, soit qu'elles comportent plusieurs divisions, soit par l'intermédiaire de filiales en propriété exclusive. Dans le cas des filiales en propriété exclusive, la société mere n'envoie généralement qu'une seule et même declaration. Mutual Funds Fonds mutuels This group includes those firms which have their major assets invested in a portfolio of various types of securities and in which the public may purchase any desired number of shares at a price fixed in relationship to net asset value, and redeem any number of shares held at net asset value. Ce groupe comprend les sociétés dont l'essentiel de l'actif constitue un portefeuille des différents types de valeurs mobilières et oi le public peut acheter un nombre quelconque d'actions a un prix fixé en fonction de la valeur nette au cours et revendre toute quantité d'actions 5. la valeur nette au cours. - 52 Because the number of outstanding shares con stantly changes with purchases and redemptions of shares by each individual investor, the companies in this group are commonly referred to as open-end funds. Comme le nombre d'actions en circulation change con tinuellement scion les achats et les ventes d'action des clients, les sociétés de ce groupe sont égaiemenl appelées sociétés de placement a capital variable. Excluded are those funds set up to operate pension plans, special non-resident owned funds, investment clubs, and other mutual funds the shares of which are not available to the general pub1ic Sont exclus de ce groupe les fonds établis en vue de l'administration de regimes de pensions, les fonds spéciaux des non-residents, les clubs de placement et les autres fonds mutuels dont les actions ne sont pas accessibles au grand public. Closed-end Funds Soctétés de placement Closed-end funds have a common feature with mutual funds in that their major assets consist of investments in securities. Investment policies and objectives of many of the closed-end funds are also similar to those of the mutual funds. However, when an investment corporation exists primarily to gain control and provide management it is excluded from the totals and will be included in another group. Because of the various degrees between these two objectives — investment or control - and also because objectives often change, it is difficult to precisely define this group. We have, therefore, closely followed the group of closed-end funds listed in the Financial Post Survey of Investment Funds. The user of this data is cautioned to the fact that reclassification into or out of this industry of a few companies could change drastically the published figures. it capital fixe Les sociétés de placement a capital fixe ont un point commun avec les fonds mutuels en Ce gue l'essentiel de leur actif consiste en valeurs mobiliéres. La iigne de conduite en matière de placement et les buts de nombreuses sociétés de placement a capital fixe sont également similaires a ceux des fonds mutuels. Cependant, les sociêtés de placement dont le seul but est le contréle financier et la gestion sont comprises dans un autre groupe. Ii n'est pas facile de définir cc groupe avec precision en raison, d'une part, des nuances gui existent entre le simple placement et le contröle financier et d'autre part, des changements gui interviennent souvent dans les objectifs. En consequence, nous avons suivi de près la liste des sociêts de placement a capital fixe donnée dans le relevé des fonds de placement publiC par le Financial Post. Ii faut toutefois signaler a ceu gui utiliseront ces statistiques que les totaux pubiiepourraient être radicalement modifies par la reclassification d'un petit nombre de sociétCs. The main difference between this group and the mutual funds is the fact that shares of closedend companies are not redeemable by the company at net asset value. Share capital is set up as in an ordinary limited corporation. Once the shares have been offered to the public, the number of outstanding shares remains constant. Shares of such corporations may be purchased only from existing holders and owners of such shares must find a buyer if they wish to sell their shares. La principale difference entre ce groupe et celui des fonds mutuels est que dans les sociétés de placement a capital fixe les actions ne sont pas rachetees a la valeur nette au cours. Une fois les actions mises en vente au public, le nombre d'actions en circulation reste constant. Les actions de ces sociétés ne peuvent être achetées qu'à un détenteur antérieur et les propriétaires d'actions ne peuvent les vendre gue s'ils trouvent preneur. Investment Dealers Courtiers de placement This group includes firms which act as principals in the underwritting and trading of securities. Stock brokers and, where possible, the brokerage business of investment dealers are excluded. Where investment dealers do not maintain separate accounts for their brokerage business, total operations of the firm are included. Ce groupe comprend les sociétés gui jouent le réle dirigeant lors des transactions de valeurs mobilières. Les agents de change et, dans la mesure du possible, les activités de courtage des courtiers de placement sont exclus. On a accepté le chiffre global de l'ensemble des activités dans les cas oü les courtiers de placement ne tiennent pas une comptabilité distincte de leurs activités de courtage. I STAUST!CS CAND4 LE3RAP BL 1010530745 n S

F"inancol Institutions Inditutions Financeles C -

Rating

Date

Size

Views

Categories

Share

Transcript