H—24

Profit and Loss Appropriation Account Dr. £ s. d. Gr. £ s. d. Income-tax and social security tax payments (1946) .. 20,911 4 11 Balances brought down (in respect of year 1944-45) .. 5,125 0 8 Donations in accordance with section 29 of the Invercargill Net profit, 1945-46 .. .. .. .. .. 32,960 13 9 Licensing Trust Act, 1944 .. .. .. 2,300 0 0 Balance .. .. .. .. .. .. 14,874 9 6; £38,085 14 5 £38,085 14 5 £ s. d. £ s. d. Additional depreciation on plant and buildings .. .. 13,198 7 6 Balance brought down .. .. .. .. 14,874 9 6 Provision for— £ s. d. Net profit, 1946-47 .. .. .. .. .. 26,56118 9 Income-tax, 1947 .. .. .. 9,403 1 1 Social security tax .. .. .. 1,415 4 4 ; 10,818 5 5 ! Less adjustment in respect of previous year .. .. .. 1,760 18 6 9,057 6 11 Balance .. .. .. .. .. ..19,180 13 10 £41,436 8 3 £41,436 8 3

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