THE HARBOUR FERRIES, LTD.
A BAD 'SUMMER. The annual report of the Harbour Ferries, Ltd., discloses the fact that the profit on general working for th? year ended March 51 was lower than any for the past four years, though the fleet is now b'gger. Tho directors regret that the operations of the company have not resulted more favourably. Tiie weather during the summer just passed has been the worst since the company ctune into existence. Ths profit made during the year, before charging for depreciation, was £1145 Bs. 9d„ which, with £512 9s. 4d. carried forward from last year, made £1657 18s. Id. From that 6 per cent.. Js deducted on account of depreciation on steamers and 10 per cent, on side-shows, plant, and furniture, in ail £1158 7s. 9d., leaving £139 10s. 4d. to be carried forward to uoxt "year. The following comparative figures for the past four years will h? found interesting:— 1309. 1910. 1911. 1912. £ £ £ £ Profit on general working 5.268 4.291 5,407 4.240 Dividend Nil Nil 7p.c. Kil Fleet 20,826 20,319 15,385 25.850 Plant, etc ..: 1,941 1,721 1,411 1,317 Expenses and depreciation 4,475 6,398 4,509 4,613
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19120527.2.72.8
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 5, Issue 1450, 27 May 1912, Page 8
Word count
Tapeke kupu
190THE HARBOUR FERRIES, LTD. Dominion, Volume 5, Issue 1450, 27 May 1912, Page 8
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in