WOOLWORTHS (W.A.)
The ' profit .made by Woolworths (W A.) during the year ended Janua"f 31 1937, wa5.£29,369, and the net profit (after providing. for taxation) was £22 769? Two interim dividends, of 4 per cent, on the preference shares accounted for £1600,. and one of 5 per cent on the ordinary shares, required £4745. The balance remaining for appropriation is £16,424 and the directors recommend a final ordinary dividend of 10 per cent, (making 15 per cent for the year), which will require £9489, and an appropriation to thestaff provident fund of £500 leaving a balance of £6435 to be. transferred to the general reservp. bringing the total reserves to £51,805..
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Bibliographic details
Evening Post, Volume CXXIII, Issue 85, 12 April 1937, Page 12
Word Count
111WOOLWORTHS (W.A.) Evening Post, Volume CXXIII, Issue 85, 12 April 1937, Page 12
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