NATIONAL BANK OF NEW ZEALAND
(United Press Association) WELLINGTON, June 15. The National Bank of New Zealand has advised from London that the net profit for the year ended March 31 was £102,838, to which has to be added £113,959 brought forward from the previous year. An interim dividend at the rate of four per cent, free of income tax, paid in January absorbed £41,000. Transferred to the premises account was the sum of £lO,OOO and to the pension and gratuity funds £14,000, leaving £152,797 available for distribution as follows:—Payment of dividend at the rate of four per cent for the half-year ended March 31, 1937, making four per cent, for the year, free of income tax, £40,000; carried forward £112,797; a final dividend equivalent to £4 18/- per cent in New Zealand currency.
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Southland Times, Issue 23227, 16 June 1937, Page 10
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134NATIONAL BANK OF NEW ZEALAND Southland Times, Issue 23227, 16 June 1937, Page 10
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