NORTH CANTY. SHEEPFARMERS
Profit Rises By £l3O I The North Canterbury Sheqpfarmers Co-operative Freezing Bsport and Atorory Company, Ltd, lifted net 1 profit by £l3o—or 1.7 per . cent—to £7344 in the year to September 30. I The result is reached after , £1441 more for depreciation ‘ at £17,181 and undisclosed taxation. The recommended dividend ’ on toe unlisted sfettnaiy i shares is steady ait 8 per cent, requiring £1417, while 1 the 5> per cent preference dividend require* £2301. 1 This year there to no s taranafer to general reserve. I Last year £lO,OOO was transferred. i Unappropriated BWftto ear- t ried forward are £8421. con- «
s'.i.jt ,14,11. iSßacaaesaaaaMaMSß pared with £4295 las* year. Total sharahokiera’ funds are £4126 higter at £160.850 Bank overdraft is £80,480 against and total current liabilities are £Bl9 higher at Total fixed asset* are £4BBO up at £908,8881 wHle total currant assets are £235 down at £77jML
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Bibliographic details
Press, Volume C, Issue 29681, 27 November 1961, Page 20
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150NORTH CANTY. SHEEPFARMERS Press, Volume C, Issue 29681, 27 November 1961, Page 20
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