8.—15.

Profit and Loss. £ s. d. £ s. d. £ s. d. Dividend on C long-term mortgage shares .. .. .. 7,031 5 0 Balance at 31st Marck, 1940 .. . .. .. .. 673,169 6 4 Dividend on D long-term mortgage shares .. .. .. 17,57826 Dividend on preference B shares .. .. .. .. 68,750 0 0 Dividend on ordinary share capital .. .. .. 187, 500 0 0 280,859 7 6 Balance carried down .. .. .. .. .. .. .. 392,309 18 10 £673,169 6 4 £673,169 6 4 Dividend paid 7th December, 1940— £ s. d. £ s. d. £ s. d. Dividend on preference A shares .. .. .. .. 50,000 0 0 Balance brought down .. .. .. .. .. .. 392,309 18 10 Interim dividend on C long-term mortgage shares .. .. 7,031 5 0 Profits for year ended 31st March, 1941, including recoveries, Interim dividend on D long-term mortgage shares .. .. 17,578 2 6 and after payment of and provision for all interest due Interim dividend on preference B shares .. .. .. 31,250 0 0 and accrued on deposits, provision for bad and doubtful Interim dividend on ordinary shares .. .. .. 187,500 0 0 debts, depreciation of furniture, and for the annual dona- £ s. d. 293, 359 7 6 tion to the Provident Fund are .. .. .. 1,726, 636 4 9 Balance, being profit for the year .. .. .. .. 461,909 4 5 Less— To which has to be added amount brought forward from last year 392,309 18 10 < Salaries and allowances at Head Office and £ s. d. ~ 230 branches and agencies .. .. 576,965 11 10 854,219 3 3 Directors' remuneration, including London Less dividend paid, as above .. .. .. 293, 359 7 6 Board and local directors in Australia.. 9,250 0 0 560,859 15 9 General expenses, including rent, stationery, telegrams, postages, travelling, repairs to premises, &c. .. .. 139,143 2 11 Audit Expenses Account .. .. 3,025 0 0 Rates and taxes .. .. 536, 343 5 7 1,264,727 0 4 461,909 4 5 £854,219 3 3 £854,219 3 3

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