AUST. IRON AND STEEL
Net profit of £ 157.363 of Australian Iron and Steel, Limited, for the year ended November 30 shows a fall from £ 350.345 for 1942-43, after allowing £802,865 for depreciation, a decrease of £17,455. Only allocations are preference dividend of 714 per cent, requiring £75,000, and £100,000 added to reserve. Carryforward is increased from £142,149 to £154,517. Ordinary dividend of £81,675 (5 per cent), declared for 1928-29, but never paid, has been transferred to general reserve.
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Bibliographic details
Auckland Star, Volume LXXVI, Issue 85, 11 April 1945, Page 3
Word Count
78AUST. IRON AND STEEL Auckland Star, Volume LXXVI, Issue 85, 11 April 1945, Page 3
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Acknowledgements
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