B—ls,

" B "— Pbofit and Loss. £ s. d. £ s. d. £ s d Dividend on C long-term mortgage shares .. .. .. 7,031 5 0 Balance at 31st March, 1932 .. .. . 846 748 19 11* Dividend on D long-term mortgage shares .. .. .. 17,578 2 6 "' Dividend on preference B shares .. .. .. .. 139,583 6 8 Dividend on ordinary share capital .. .. .. .. 287, 500 0 0 — 451,692 14 2 Balance carried down .. .. .. .. .. ~ 395 05g 5 9 £846,748 19 11 £846/748 19 11 Twelve months' interest on guaranteed stock .. .. .. .. 21,199 8 11 Balance brought down .. .. . "q Dividend paid 10th December, 1932— £ s . d. Profits for year ended 31st March, 1933, including recoveries ' On preference A shares . 50,000 0 0 surplus on maturity and realization of investments and other On C long-term mortgage shares 7,031 5 0 profit of a non-recurring nature, after making full provision On D long-term mortgage shares 17,578 2 6 for all bad and doubtful debts by a transfer of a portion from On preference B shares 39,062 10 0 Contingencies Account, payment of and provision for all On ordinary shares 234,375 0 0 interest due and accrued on deposits, and provision for the £ s. d. 348,046 17 6 annual donation to the Provident Fund are .. .. 1,746,339 3 7 Balance, being profit for the year .. .. .. .. 594,270 0 8 Less To which has to be added: Amount brought forward from last Salaries and allowances at Head Office and £ s. d. y ear •• ••. •• •■ •• •• •• 395,056 5 9 # 227 branches and agencies .. .. 514,858 16 11 Directors' remuneration, including London T ~ .. _ ~ . 989,326 6 5 Board and local directors in Australia .. 9,708 6 8 Less dividend paid, as above .. .. .. .. 348,046 17 6 General expenses, including rent, stationery, 641,279 8 11 telegrams, postages, travelling, repairs to premises, &c. .. .. .. 116,444 14 0 Audit Expenses Account .. .. 3,182 10 0 Rates and taxes . .. .. 486,675 6 5 1,130,869 14 0 615,469 9 7 £1,010,525 15 4 £1,010,525 16 4

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