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SOUTHLAND FROZEN MEAT

Directors of Southland Frozen Meat and Produce Export Company report for the (year ended'3lst.December that after providing for depreciation, contingencies,1 and repairs, and also the payment of an interim dividend of 6 per cent, at the^half-year,-there remains a balance of £34,704 18s 7d, which the directors recommend for appropriation as follows:—By the payment of a further dividend of 5 per cent, on the paid-up capital, £5677 7s. and that the balance be carried forward, £20,027 lls 7d—total, £34,704 18s 7d. The balancesheet of 1930 compares with, that of 1929 as follows: — 1020. 1030. Liabilities— £ ■Paid-up capital 113,517 11-vw I Reserve 50-™° JO.OOOI Fire reserve 25,000 25,000! Building reserve 25,000 25.000 Profit and loss 36,937 34,704 Creditors ...:........ 41,699-56,434 -Prop7rti eS 126,265. 124,00!) Stock and ftores ...... 20,281 31.0.3 Consignments unsold .. 2,235 6.010 Debtors and mortgages 14,171 12,883 Investments .......:. 101,165 82,888 Bank of-N.Z. deposit . 27,911 46,0,0 Cash in hand f 140 General expenses ...._ 12,486 ««, 2S? p".::::::::: «^ »A

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19310214.2.86.16

Bibliographic details

Evening Post, Volume CXI, Issue 38, 14 February 1931, Page 12

Word Count
157

SOUTHLAND FROZEN MEAT Evening Post, Volume CXI, Issue 38, 14 February 1931, Page 12

SOUTHLAND FROZEN MEAT Evening Post, Volume CXI, Issue 38, 14 February 1931, Page 12

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