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ASSOCIATED NEWSPAPERS LTD.

Associated Newspapers, Ltd., reports a net prolit of £156,770 for the year ended September -I’, compared with £186651 the previous year, and £165J1>3 for 1932-33. Prevision for taxation is made by a transfer of £lO,OOO from the profit, compared with £ll,OOO the previous year, and £20,000is transferred to reserve for deprecintion of assets. Two interim dividends, each cf 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, lor 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.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19351127.2.102.5

Bibliographic details

Wanganui Chronicle, Volume 79, Issue 277, 27 November 1935, Page 11

Word Count
116

ASSOCIATED NEWSPAPERS LTD. Wanganui Chronicle, Volume 79, Issue 277, 27 November 1935, Page 11

ASSOCIATED NEWSPAPERS LTD. Wanganui Chronicle, Volume 79, Issue 277, 27 November 1935, Page 11