WELLINGTON ALLUVIALS.
Wellington Alluvial?. Limited, earned a profit of £57.052 for the year ended April 30, compared with a profit of £'28.801 in the previous year. Profit is struck after providing £14.200 for depreciation. The balance-sheet shows current assets at £10.090. which includes stores and spares on hand of £ 13.057. Bank overdraft is £17.361. and sundry trade creditors are owed £4230. Net proceeds from sale of gold amounted to £144.667. against £110.077 last year. Working expenses amounted to £'jff:oß(i. leaving a surplus on workinst aeco:rrt of £74.701, A credit balance of £60,381 is carried forward. '
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Bibliographic details
Auckland Star, Volume LXXI, Issue 172, 22 July 1940, Page 4
Word Count
95WELLINGTON ALLUVIALS. Auckland Star, Volume LXXI, Issue 172, 22 July 1940, Page 4
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Acknowledgements
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