TOOHEYS DIVIDEND REDUCED
. :At' £163,184, .profit, of. ,/Toohey, Ltd.y brewers,-Sydney, for the year ended. 31st July shows a decrease of £22,111. Witk £42;834. brought forward there is- £206,-, 018-. available.' - Final, dividend is reduced to;4per cent., making 9 per cent, for the ■year, compared ;with a previous rate of; 10.per ;cent. "Transfer to reserve is !£40,000,i/or £5000, less thaif • a year ago, andprdvision for depreciation is unchanged at £15,000. ■ The carried forward1 is' £43,018. ■ With a.; drop ;of £26,369 in receipts/ there is a fall of £4257 in expenditure.l : .Tooheys • Standard - Securities, Ltd.,: formed-last year .for1 the purpose of making, • advanced to the parent company, shows a net of £11,620 for period; ended 31st- July. • Interest received' on ad-' varices-amounted to £15,941, expenses to £3125,, and provision -for taxation, to £3125. ■ Preference dividend, T/a per cent, per, annum has ■ been ' :paid.. absorbing £9824; arid ' £.1796 '•.. is parried : : forward.' Paid-up \ capital as at 31st July is £308,----574; of which : ' £296,074 is preference. There are. no external liabilities. Ad-, vances'to' r Tooheysr, Ltd., together . with interest; st rand"at £317,527, and the. company has £2667 in. cash.
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Bibliographic details
Evening Post, Volume CX, Issue 73, 23 September 1930, Page 12
Word Count
184TOOHEYS DIVIDEND REDUCED Evening Post, Volume CX, Issue 73, 23 September 1930, Page 12
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