N.Z. NEWSPAPERS, LTD.
DIVIDEND INCREASED
(By Telegraph—Press Association. I
AUCKLAND, This Day. Directors of, New Zealand Newspapers, Limited, announce a dividend for the year Is 3d per share of the reduced capital of 16s 8d per share. The dividend is equal to 7J per cent, per annum, against 6 per cent. The dividend requires £37,344. The sum of £38,985 is carried forward, against £28,323 brought in. The paid capital now stands at £497,917. General reserve has been increased by £10,000' to £65,000. Creditors and tax provisions are £8488 higher at £505,349.
Total assets have contracted by £78,442. Investments have been reduced by £155,740 to £61,268. Land and buildings are £10,820 greater at £181,767, and stock has increased by £35,167 to £96,148. Debtors at £50,417 are £6039 higher, while shares in subsidiary concerns have grown from £500 to £19,500. The gross profit at £112,998 is £12,301 higher, and expenses have increased by £8444 to £68,236.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19370508.2.107.9
Bibliographic details
Evening Post, Volume CXXIII, Issue 108, 8 May 1937, Page 12
Word Count
154N.Z. NEWSPAPERS, LTD. Evening Post, Volume CXXIII, Issue 108, 8 May 1937, 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.
Log in