COMMERCIAL & FINANCIAL
STANDARD INSURANCE COMPANY, (IX TILBBIUPH.—PMSS 'ASSOCIATION.) DUNEDIN, 15th August. The annual report of the directors of the Standard Fire and Marine Insurance Company of New Zealand states that the net Income for the year ended 30th June, 1921, amounted to £202,982, and the expenditure to £175,899, leaving a balance of £27,082; to which has to be added the balance carried forward from last , year, amounting to £6583, making the total £33,665. From this an interim dividend was i paid in March last amounting to £7600, leaving available a balance of £26,165, which JA\e> r directors have dealt with in the following man--1 ner:—To appropriation for depreciation of escurities, £10,000; guarantee and provident fund, , £2000. They recommend that the balance be appropriated as follows:—Pay dividend for the half-year ended '30th June, 1921, at the rate of Is 6d per share (£7500), and carry forward to next year £6665.
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Bibliographic details
Evening Post, Volume CII, Issue 40, 16 August 1921, Page 6
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149COMMERCIAL & FINANCIAL Evening Post, Volume CII, Issue 40, 16 August 1921, Page 6
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