Annual Report - American Balanced Fund - American Funds

Financial statements at December 31, 2014(dollars in thousands)Assets:Investment securities, at value (cost: $58,931,867) $80,216,729Cash 1,163Receivables for:Sales of investments $ 755,690Sales of fund’s shares 337,088Dividends and interest 196,414 1,289,19281,507,084Liabilities:Payables for:Purchases of investments 1,559,586Repurchases of fund’s shares 233,196Investment advisory services 15,589Services provided by related parties 29,073Trustees’ deferred compensation 4,227Other 1,734 1,843,405Net assets at December 31, 2014 $79,663,679Net assets consist of:Capital paid in on shares of beneficial interest $58,078,777Undistributed net investment income 122,668Undistributed net realized gain 178,586Net unrealized appreciation 21,283,648Net assets at December 31, 2014 $79,663,679Shares of beneficial interest issued and outstanding (no stated par value) —unlimited shares authorized (3,220,722 total shares outstanding)Net assets(dollars and shares in thousands, except per-share amounts)SharesoutstandingNet asset valueper shareClass A $46,916,623 1,895,258 $24.75Class B 541,503 21,915 24.71Class C 5,573,575 226,297 24.63Class F-1 2,841,081 114,837 24.74Class F-2 1,869,537 75,555 24.74Class 529-A 2,831,067 114,526 24.72Class 529-B 72,769 2,939 24.76Class 529-C 904,726 36,622 24.70Class 529-E 144,261 5,839 24.71Class 529-F-1 110,888 4,489 24.71Class R-1 157,898 6,417 24.61Class R-2 1,307,723 53,115 24.62Class R-2E 10 —* 24.75Class R-3 3,315,311 134,519 24.65Class R-4 4,384,832 177,399 24.72Class R-5 2,616,255 105,610 24.77Class R-6 6,075,620 245,385 24.76*Amount less than one thousand.See Notes to Financial Statements 16 American Balanced Fund