SOUTHLAND FROZEN MEAT COMPANY.
The directors o£ the Southland Frozen Meat and Produce Export Company have circulated their fifty-first annual report. In it they state that after provision for depreciation, contingencies, and repairs, and after deduction of the amount "absorbed in payment of the half-yearly dividend, there remains a balance of £37,474 2s lid in the profit and loss account. They recommend that this balance be appropriated by the paynlent of a further dividend o£ 6 per cent, on the paid-up capital, thus absorbing £6812 16s sd, and by carrying forward the balance of £30,661 6s 6d. The further dividend makes the year's dividend 12 per cent.
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https://paperspast.natlib.govt.nz/newspapers/EP19330213.2.129.7
Bibliographic details
Evening Post, Volume CXV, Issue 36, 13 February 1933, Page 9
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107SOUTHLAND FROZEN MEAT COMPANY. Evening Post, Volume CXV, Issue 36, 13 February 1933, Page 9
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