NORTHERN STEAM YEAR
The Northern Steamship Co.. Ltd.. made a n-t profit, of £3396 lor ihe year ended March 3 . a decline of £719 on that of the previous yc ... when £1544 was added to reserves before* -lie profits were struck. The result is reached ai'cr providing lor depreciation, taxation, etc. A c:v - dend of 3 per cent, absorbing £3390. against 3 j per cent last year, is recommended. The car;' - forward is £1209 against £1203 brought, in. The balancing total is £187.236 against £181.5.:'. Fixed assets stand at £113.205, almost unchanjei Tax reserve is £2365 lower at £424. General reserves at £ 16,680 apparently include accident reserve, which has disappeared.
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Bibliographic details
Auckland Star, Volume LXXIII, Issue 134, 9 June 1942, Page 3
Word Count
110NORTHERN STEAM YEAR Auckland Star, Volume LXXIII, Issue 134, 9 June 1942, Page 3
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Acknowledgements
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