COMPANY AFFAIRS
"OTAGO DAILY TIMES." The “Otago Dally Times and Witness” Newspapers Co.. Ltd., earned a net profit of £14,140 in the year ended January 31. against £9752 in the previous year. In addition to £2032 brought in. there is £2698 excess taxation provided to January 31. 1946, making in all £lB,870 available. The dividend of 8J per cent, for the year (against 8 1-3 per cent.) absorbs £10.500, leaving £8370 to be carried forward. Gross earnings were £13.140 higher at £154.594. Assets of £206.285 (against £211.983 last year’ include stocks £41.194 (against £47,928’; Government loans and other Investments. £73. 236 (£80.048’, and cash £21.462 (£10,918’. Creditors are owed £27.295 (£39.831), and reserves are unchanged at £44,120. The capital of the company is £120.000.
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Bibliographic details
Wanganui Chronicle, 24 February 1947, Page 2
Word Count
124COMPANY AFFAIRS Wanganui Chronicle, 24 February 1947, Page 2
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