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LUCAS MAKES NET PROFIT OF £2134,000 IN the yea' enJed

21st November 1941, Page 17
21st November 1941
Page 17
Page 17, 21st November 1941 — LUCAS MAKES NET PROFIT OF £2134,000 IN the yea' enJed
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Keywords : Dividends, Dividend, Taxation, Tax, Preferred Stock, Dividend Tax, Dividend Imputation, Business / Finance

August 7,1941, Joseph Lucas. Ltd., made a net profit, after .making all gp rovisions, including taxation, of 2284,703. Interim dividends absorbed £28,489, so that the amount available, after adding 265,986 brought in, is £322,200. Final dividends on the A and B preference shares take £3,462, and the payment of a final dividend of 124 per cent. (less tax) on the ordinary shares, making 15 per cent. for the year, will account for 2122,538. Reserve receives £100,000, bringing it up to 21,000,000, whilst 215,000 is transferred to funds for benefit of workers, leaving 281.200 to be carried forward.

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People: Joseph Lucas