IN THE MONF.V
Page 29
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Duple Motor Bodies, Ltd.. made a net profit the year elided March 31 last OF 9155,57X. 'This figure was reached after providing 955.1110 for uretirs tax, 930,000 for Stock deneeciation reserve. 925.050 for reserve for strike 'cos, and 991.559 'or inuomc lax. A dividend of 12le Per cent, is being paid on the ordinary shares, making 20 Per cent. for the year. A sum of 911.0.(109 iv hang allocated to future tax reserve and a balance at 93.91S is carried forward.
Edinburgh Curporation rcoorts that in 111C seer
It, May 2Y, last. the it brought in an income of 11,225_022 arid the buSes 9634,808, a :oral of 91,867,690, 'Working expenses and special expenditure or the tramways totalled 91.089,240, leaving a balance of 1138_787 to be carried to net
revenue account. Interest and a contribution from the general reserve fond increased this sum let 124.1,515. Interest for capital expenditure and contribuitons to sinking fund accounted for 921,927 and income tax for 9114.979. Working expenses and special coot:nekton: stir the buses anointed TO 9595.303 and 539.363 was carried to net retenue account. bitterest and balance brought in raised this figure to 990.355, and after allowing 950,495 for interest 00 advances for capital expenditure and contribution to bus renewals fund, a net credit balance of 89,857 remained_ l'en: Rains And hoses carried 281,925,358 passengers and ran 22.308,358 miles_