E.S. AND A. BANK
NET PROFIT AGAIN HIGHER The English, Scottish and Au>.ralian Bank, Ltd., made a net iroiif of £257,460 for the year ended .lime compared with £213,579 tin* pre\ ious year and £221,563 for 1933-34. An interim devidend of 21 per cent, has been paid, requiring £75.000. and a final dividend at the same rule is recommended, making 5 per cent, for the year, free of United Kingdom income tax. A sum of £15,000 is transferred to reserve fund, making it. £3,265.000 and £lO.OOO to ofiiccrs’ provident fund (compared with £500.d last year, i Other allocations are £50.000 io contingencies reserve and £25.000 to cont ingene’es reserve and £25.000 to hank premises, and £306,787 is carried forward, against £299,323 brought forward. Gross prolit rose by £76,855 and expenses and taxation by £62.974.
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https://paperspast.natlib.govt.nz/newspapers/WC19361125.2.115
Bibliographic details
Wanganui Chronicle, Volume 79, Issue 279, 25 November 1936, Page 12
Word Count
134E.S. AND A. BANK Wanganui Chronicle, Volume 79, Issue 279, 25 November 1936, Page 12
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