ASSOCIATED NEWSPAPERS.
Associated Newspapers. Ltd.. Sydney reports a net profit of £136,770 for the year -ended. September 29, compared with £186.651 the previous year, and £165,793 for 1932-33. Provision for taxation is made by a transfer of .•£J°.OOO from the profit, compared with ±.11,000 the previous year, and £20,000 is -transferred to reserve for depreciation of assets. Two interim dividends each. of. 2 per cent, on ordinary and preference shares, have been paid, and .the directors recommend a final dividend, at the same rate, making 6 per cent, for the year on both classes of capital, an unchanged rate. The ordinary. dividend requires £63,187 and the preference £89,437, and £9872 is carried forward, against £5725 brought forward.
• The .Automobile Finance Company of Australia. Ltd., has declared a dividend or.b per cent, per annum on 24,700 preference shares for the two years ended. June .30, 1935. The dividend is paid from profits for the half-year ended June'3o.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19351125.2.149.6
Bibliographic details
Evening Post, Volume CXX, Issue 127, 25 November 1935, Page 14
Word Count
156ASSOCIATED NEWSPAPERS. Evening Post, Volume CXX, Issue 127, 25 November 1935, Page 14
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.
Log in