THE GOLDFIELDS.
TALISMAN CONSOLIDATED. ——- j A GOOD YEAR'S WORK. j NET PROFIT, £100,471. The following ca.le has been received from the board of directors of the Talisman Consolidated by the local office: — "Report and balance-sTieel will be circulated on the 12th of June. Accounts show a gross profit of £112,702 and net profit of £100,471, after allowing for taxes and depreciation. Amount of dividends paid, £100,447. Brought forward, after allowing for special bonus dividend, £23,177; carried forward £23,201. Expenditure on machinery and plant during the past three years, £80,000. After allowing for £5000 depreciation provided out of share premium and £2762 out of profit and loss account, there is a -cash balajiee of £35,443. Bullion in transit, £25,729. New share issue calls outstanding, and not due, £ 14,515. Share premium account balance, after allowing for above depreciation, £(i.GI3. Creditors, £10,131. Estimate of reserves of ore as at 28th-Febru-ary, 1011 (conservative basis), 49,703 tons; average value of same, £6 0/5 per ton.
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Bibliographic details
Auckland Star, Volume XLII, Issue 138, 12 June 1911, Page 6
Word Count
160THE GOLDFIELDS. Auckland Star, Volume XLII, Issue 138, 12 June 1911, Page 6
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