NAT. BANK OF N.Z.
Profit Rises To £316,586
Net profit of the National Bank of New Zealand. Ltd . for the year to March 31. 1961. was £316.586 against £299,602 the previous year. Dividends at the steady rate of 9 per cent, take £192,937 Transfer to general reserve is £lOO,OOO (£100.000). Carryforward is £180,344 (£156,695). The final dividend of 5 per cent, less United Kingdom tax at 7s 9d in the £ is payable July 11. The rate at which any relief or repayment of the United Kingdom income tax may be allowed to a shareholder is limited to the net United Kingdom rate payable by the bank, 2s lid in the £.
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https://paperspast.natlib.govt.nz/newspapers/CHP19610516.2.229
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Press, Volume C, Issue 29514, 16 May 1961, Page 19
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110NAT. BANK OF N.Z. Press, Volume C, Issue 29514, 16 May 1961, Page 19
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