BLUE STAR LINE REPORT
The report of the Blue Star Line, Limited, for the year ended December 31 1937, as published in "Syren and Shipping," states that after paying £88,132 interest for the year on the 5 per cent, guaranteed debenture stock, £35,305 on the 3 per cent, guaranteed debenture stock, £22,089 interest on loans, and the 5 per cent, dividend on the ordinary shares paid during 1937, the profit and loss account for the year, including the amount brought forward, shows a surplus of £145,527, which is to be carried forward. The profits of subsidiary companies, including balances brought forward from previous years, have been carried forward in the accounts of those companies. The directors recommend a dividend on the ordinary shares at the rate of 5 per cent., the same as for the previous year, absorbing £25,000. The total of the balance-sheet is £5,697,864. The fleet at cost, less depreciation, including outlay in tonnage in course of construction, stands at £2,560,191, and sundry debtors at £2,898,309.
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https://paperspast.natlib.govt.nz/newspapers/EP19381230.2.120.17
Bibliographic details
Evening Post, Volume CXXVI, Issue 156, 30 December 1938, Page 10
Word Count
168BLUE STAR LINE REPORT Evening Post, Volume CXXVI, Issue 156, 30 December 1938, Page 10
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