MOTOR FINANCE.
Motor Finance, Ltd., Sydney, showed a profit of £14,065 for the year, ended Jlst January, being £1314 in advance of tie profit of the previous year. A dividend of 12% per cent, on ordinary shares accounted for £7500, and a 9 per cent., dividend on preference shares amounted to £2700, and £8327 was carried forward, against £4462 brought into the account. The gross profits for 1926 were £17,209, and net profits £12,751; for 1927 they were £19,542, and £14,065 respectively. Capital is £60,000 in ordinary and £30,00) in preference shares; liability to. the bink, £13,234; -sundry creditors or .lmns £ 17,251; income tax provision £6875, advances amount to' £135,859. • ■ •
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Bibliographic details
Evening Post, Volume CXIII, Issue 125, 31 May 1927, Page 11
Word Count
110MOTOR FINANCE. Evening Post, Volume CXIII, Issue 125, 31 May 1927, Page 11
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