NEW ZEALAND INSURANCE
COMPANY'S OPERATIONS. FINAL DIVIDEND, £75,000. \ (Special to Times). AUCKLAND, Tuesday. The • directors of the New Zealand Insurance Company state that the surplus on the year’s operations, after making ful! provision for all ascertained losses, taxation and other appropriations, amounts to £83,278, to which is added net income from interest and rents, £125,596, making a total of £208,874. With the amount brought forward, £165,667, there is (374,541 available for distribution. The interm dividend of Is a share paid in February absorbed £75,000 and £50,000 has been transferred to reserve fund, leaving a balance of , £2 49,541. The final dividend proposed will require £75,000, leaving a balance to be carried forward of £174,541. A net. revenue from fire, marine and accident premiums of £1,185,636, compared with £1,096,570 in the previous year, is shown in the accounts of the oopipany.
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Waikato Times, Volume 121, Issue 20262, 3 August 1937, Page 2
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140NEW ZEALAND INSURANCE Waikato Times, Volume 121, Issue 20262, 3 August 1937, Page 2
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