COMPANY AFFAIRS.
THAMES GAS CO.
DIVIDEND OP HD A SHARK
The 56th annual report of the Thames Gas Company, Ltd., shows that after making allowance for depreciation and maintenance the profit for the year ended July 31, 1928, amounted to £470, compared with £495 in 1927. The directors recommended the payment of a dividend of lid a share, the same as last year. The balance-sheet shows that receipts were mainly from the sales of gas, £2760, compared with £3140 in the previous year; residuals, £416, compared with £548; and interest, £355, compared with £358. Items of expenditure, with the figures for the previous year in parentheses, include: — Coal, £1172 (£1453); carbonising, £286 (£286); maintenance and renewals, £583 (£682); management, £537 £534). Assets include:—Freehold property, £5305; meters and tools, £1090; loans, £5500. The chief liability is for capital, £11,421.
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Auckland Star, Volume LIX, Issue 223, 20 September 1928, Page 4
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138COMPANY AFFAIRS. Auckland Star, Volume LIX, Issue 223, 20 September 1928, Page 4
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