ASHBURTON GAS
"'■ The ■ annual report of Ashburton Gas, Coal and Coke Company, Ltd., shows a credit balance of £3571 5s Id, which the directors recommend should be dealt with as'follows: To write £929 ,7s :sd: off ..plant, account, place £200 to' reserve account on deposit, to pay a dividend at the rate of 8 per cent, per annum, absorbing £1877 12s 7d, and to carry forward the balance of £564 js Id. Interest, general expenses, coal (-£3422 Ws9d), salaries and wages (£2760 19s I'd),' and repairs and maintenance £563 18s lOd), totalled £7739 6s id; net profit £2940 11s sd, compared with £2632 last year. The v dividend .of 8 per cent, is the same as last year. In 1928 a dividend of 10 per cent, was paid, but prior to that the rate was 8 per cent.
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Bibliographic details
Evening Post, Issue 113, 10 November 1930, Page 12
Word Count
138ASHBURTON GAS Evening Post, Issue 113, 10 November 1930, Page 12
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