In the Money
Page 25
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Anial, Ltd., made a net profit of £32,126 in the year ended July 31 last. After Paying a preference dividend and a dividend of 10 Per cent., with a bonus of 5 per cent.. on the ordinary capital, £16,713 was carried forward, Avon India Bobber Co., Ltd., shows a balance of £443,968 on trading in the year ended September 26. After paying a final dividend of 7 per cent,, making 10 per cent, for the year, £60,538 is carried forward. Harlon Transport, Ltd., earned a net profit of £75,446 in the past financial year. Gross revenue stood at £590,733, against which had to be set expenditure on fuel, licences, maintenance and operation at £406,490. Salaries, etc.. absorbed £49,131, directors' fees £534, depreciation £31,132, and E.P.T. £28,000. The Preference dividend accounted for £8,400, deferred dividend of 25 per cent.. £25.030, and deferred bonus
of 10 per cent„ £10,000 A balance of £20,3,54 is carried forward.
Bouts-Tillutsno Transport, Ltd., showed a COMblued trading profit of £65.777 last year. After providing for depreciation and taxation. a net profit of £17,361 remained. Dennis Bros., Ltd., earned a trading profit, after providing for E.P.T.. of £180.299 in the Year ended September 30. Interest. fees, etc,, increased this figure to £187,715. which was reduced by depreciation and fees to £151,271. After allowing for a dividend of is. 64, per is, share and for income tax reserve and employees' benevolent fund, £162.891 is carried forward. Guy Motors, Ltd., has declared a dividend of 15 per cent, on the ordinary shares. and a profitsharing bonus of £8,500 is to be distributed, Because of protracted negotiations with the Government, the company is unable yet to publish its accounts for 1945 and 1946. Mann Egeritio and Co., Ltd.. made a trading profit of £167,310 in the year to September 30 la.st. Miscellaneous income increased the greSs balance to £194.534. which was reduced by taxation and other charges to f29.554 net profit. An ordinary dividend of 30 per cent, is to be paid, and £26,754 carried forward. Rossleigh, Ltd., is paying a dividend of 15 per cent.. less tax, on its ordinary shares, including the sum brought in. the company last year made a profit of £72,181. A balance of £60.116 is carried forward. S . smith sad Sons lEuglimid),. Lid., showed a balance an trading and sundry income of £701.370, last year. After providing far depreciation and taxation, a net profit of £206,863 remained. A final dividend of 101/g per cent.. less tax, is to be paid on the preferred shares. making 17i.4 per cent, for the year. Deferred stockholders will receive a dividend of 3714 per cent., less tax. A balance of £101,949 Is carried forward. Oswald Tillotson., Ltd., made a net profit of £38,682 last year, this figure being reduced by taxation to 213,903. The directors have decided to write UP the hook value of shares held In 130uts-Tillotson Transport, Ltd., to a nominal value of £184.749. thereby leaving R credit of £152 in the profit and loss account.