HIGHER EARNINGS

Auckland Star, Volume LXXIII, Issue 194, 18 August 1942, Page 3

HIGHER EARNINGS

north aitkland farmers

p . arr ''nss tot-allinc £13.010. compared m:-b rlni-f "'" ; .,, yrar .„ and £52 « 3 ,n 19 *°- are du- • ?? 'J 1 J he 40 '' n annua! accounts oi Nonh Auckland Farmers Co-operative. Ltd.. lor tie J " ne 30 rhe fic "re is strurk after Z", , ac P.T r :atlon and nrovjdmc for bad and 00.3_.1ul cents. The directors recommend an unchanged dividend of 5 per cent on nreference share., Mess serumv taxes). • Our revenue "kVT J lO - P rofi * are ' hc Richest we have had. but l a .^P on .J €ave " • ,tcam T.arcin for shareholders. spates the report. Taxauon was estimated a: £9900. of uhirh £ 45R would be borne ttoi,iH r^;- C - nre K sha l^ oldrrs - A? these charges \h, a^h U: iH m profl' and loss accoun". no dfridend S COUld " C vby Ihcre

Oross profit if £55.647 a=a:r.jl £53 790 las: year, unile exjx-nses accretia'r £42 415 arairs.£44 PP3. S-orks at £44 KOI rnmpare »; v h a year sco. Preferen cp dividend 'aur;, - 356 d and taxa*:on £5372 <iast yar <"2017; %:- H - .- H - Mountain resicred :.-om" boarti t;' nE 'P e ?c i\, Erd no apuotntmmt had ve" been mace to fill tj-.e varanrv. Mr. J F Wall ls . c «tl for a* the annual mee-.m:: Whangarei on September 3