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SOUTHLAND FARMERS

The thirty-fourth annual report of the Southland Farmers' Co-operative Association, Ltd., states: The net profit for the year amounts to £5601 8s 9d, and to this amount has been,added £3443 12s 7d brought forward from the previous year, making an available total of £9045 Is 4d, less final dividend paid September, *934, and interim dividend paid February, 1935, £42007-^Bl £4845 Is 4d, less £133 17s Id paid to Income^ Tax Department— total £4711 4s 3d. The reserve for income tax is £1410, leaving £3301 4s 3d. The directors propose to allocate £2100 in payment of a dividend .on deposit preference shares at the rate of 7 per cent., less 20 per cent, per annum for the half-year ended July 31, 1935, leaving a balance of £1201 4s 3d to be carried forward.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19350827.2.135.3

Bibliographic details

Evening Post, Issue 50, 27 August 1935, Page 12

Word Count
134

SOUTHLAND FARMERS Evening Post, Issue 50, 27 August 1935, Page 12

SOUTHLAND FARMERS Evening Post, Issue 50, 27 August 1935, Page 12