Cabled advice lias been received from London by the general manager of the National Bank of New Zealand, Limited, to the ei'eet thiit the net 'profit for the year ended 31st March last, after providing for bad and doubtful debts and paying a reduced bonus to the staff,'amounted to £203,233, which with the £174,171 lii-ought forward from the previous year leaves available for distribution £382,457'," This it is proposed, to allocate as follows:. In payment of-a dividend at Uiq rate of 10 per cent, per annum, £200,000; to pension and gratuity funds, '.£14,000; balance to be curried forward, £lGS,4f>7.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19310629.2.118.19
Bibliographic details
Evening Post, Volume CXI, Issue 151, 29 June 1931, Page 12
Word Count
99Untitled Evening Post, Volume CXI, Issue 151, 29 June 1931, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.