COMPANY AFFAIRS.

Auckland Star, Volume LXIX, Issue 134, 9 June 1938, Page 4

COMPANY AFFAIRS.

NEW ZEALAND BREWERIES. INCREASE IN CAPITAL. As alt ;ady published in these column! the annual accounts ol New Zealand Browcnrs for the year ended March 31 showed a substantial increase in profits at l." 13 s .6BS. The balance-sheet has now become avadihlc and reveals the jollffw- : i hanjes: — LIABILITIES. Compared March 33. with 3'.135. 3 :<37. IVi<l capital l.fiSj.STa — r.4.*j.3<tS <"r.-.li!..rs iHii.Hln — 4n.fi3S .Murijsisr - 2«.332 To -libs. coys "JI.JT."; —7i2 Taxation reserve .. Insurant-)- rcN-rvc .. ,Vi.<iii(i — ."i.«00 K«--<-rvc fund j] Same Sh:;r<- premium accl. I.V ; — 1X1.777 Hank ]«• n _ 3<wOU Appropriation acci. :i;» —24 331 ASSETS. I-and ami buildings 3.2 Ir. r.;<l - c.c,fi 4.1C Ma.-iiinc-ry and plant Hk.lw _ 44.^77 St«vk 243."7s — 52.551 A<! v a n res against barley, etc 2-1.33 c —">.318 Furniture. e!c .1:«.«'13 _j].s34 Invest, ami advances 5-V..r.i« _ ] -3>OS Sliar<-> ill subs 3S.:;<'3 -4«i I ■•-luors •J37.r.:t<i -4.*..7f12 _ -37.342 A now issue of shaies of £3 each at • T'lenii iiu ,i/ v\ announced early ill •June. 103 T. to fi'i inc the pure!.aw o] the ;ntci e-ts o; .1. Staples and I'o.iiprmy, L;i:'i:. .]. and to meet likiVi expenditure bu.ld.ns* an.J plant. The : r-ults of J hi- issue arc icfWted in the latest balance sheet. whit-h shows <ul«:a i:mi :nci ea«fi in capital. r:\ed a—et> have a'so increased. Other changes aie in "'"'"i wi'h a- [ vpant.or ii •.!<-. The jollov. ins aie the inr beer duty, net profit ?nd dividrnd since lf>2:s:— Puiv \v-t Piv. paid. pr«lt. rule — per c'-nt. 3''-"' ... r.oj Ir, 4 p-( I-'-'* ... 4-.*; 3<tt«r.3o j<» • •'-7 ... r>] r,i :'7.r.r.' jo •-'!« i"i "j.i« 1 ■ . 4 7-'.'— 1 -- i - 3". ... 47r..< 3 J:I 'i-;-. 1% --• -~j 1... 4 77 '•"••• j 7 ... 47) J1 4 7C.T, 7 l-';-. ... P7.l'.'" 77 -;;i; 7 ... 1 «-} •Tin- was ' !)<• ft *-T v. a' in fa inter-* s, <-nil. lx ni ures l,a.| n nt 1..-, j, a charre a-.nnst prrtlits. BALLJN S BREWERIES. EIRST DIVIDEND ANNdI NTKIJ <r.T T<"!<*craph —IW-i Awnti.Ki > t-liniSTl Mi rrn : - Hay Baihns Brew et ; es , New /.-n'miiJ I. Limited, announce an muiiin ( Tl ; ; >ca:lv dividend a; 4 per cent p.-r an:i • The co'iipani s first accounts. p:e- ; :»<t -November. showed a net prc.ti: . i !*is4. "hen the directors antic-pat. d d vidend payments shortly. DENHARD BAKERIES. EAR'S DIVIDEND 5 i»Ki: c KNT. The Stock Exchance \c-,. r la «.on is adyiMxl that the director.- Jimhard bakeries.. Limiicl. WV;].., -r-cow-niend a final dividend <■:' pei cent on the ordinary shaie*. making .« p.: cent lor tae year, payment to be maie'.n Jane