FACTS FOR INVESTORS.
SELFRIDGES (AUSTRALASIA), LTD,
The shares of Selfridges (Australasia). Ltd., though not officially listed on 'Change, are quoted daily 011 the unofficial list and have been traded freely within recent weeks. The company was formed in Sydney in 1932 to conduct a chain store business and since that date six branches have been formed in New South Wales and two more are in course of establishment. The paid capital of the company is £138,869 and a new issue of 41,131 £1 shares was recently made at par. Applications came in with a rush and the whole of the issue was oversubscribed.
The latest balance-sheets and accounts were issued on April 20 and dealt with the year ending January 31. At that time paid capital stood at £96,713 and outside liabilities £30.941. Total assets, which included branch establishment account and preliminary expenses £11,143, totalled £140,390. ■ The profit and loss account showed net profit £7373, which, the report stated, was earned 011 an average capital of £73,000.
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Bibliographic details
Auckland Star, Volume LXVII, Issue 134, 8 June 1936, Page 4
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167FACTS FOR INVESTORS. Auckland Star, Volume LXVII, Issue 134, 8 June 1936, Page 4
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