8.—15.

Profit and Loss. £ s. d. £ s. d. j £ s- d. Dividend on C long-term mortgage shares .. .. .. 7,031 5 0 Balance at 31st March, 1933 .. .. •• •• •• 641,279 8 11 Dividend oil D long-term mortgage shares .. .. .. 17,578 2 6 Dividend on preference B shares .. .. .. .. 84,375 0 0 Dividend on ordinary share capital .. .. .. .. 187,500 0 0 296,484 7 6 Balance carried down .. .. .. .. .. .. 344,795 1 5 £641,279 8 11 £641,279 8 11 £ s. d. £ s. d. Twelve months' interest on guaranteed stock .. .. .. .. 21,199 9 1 Balance brought down .. .. .. .. •• .. 344,795 1 5 Dividend paid 9th December, 1933— £ s. d. Profits for year ended 31st March, 1934, including recoveries, and On preference A shares .. .. .. .. . . 50,000 0 0 after payment of and provision for all interest due and accrued On C long-term mortgage shares .. .. .. .. 7,031 5 0 on deposits, provision for bad and doubtful debts, depreciation On D long-term mortgage shares .. .. .. 17,578 2 6 of furniture, and for the annual donation to the Provident £ s. d. On preference B shares .. .. .. .. .. 31,250 0 0 Fund are .. .. .. . ■ ■■ ■■ 1,569,906 11 1 On ordinary shares .. .. .. .. .. 187,500 0 0 Less— 293,359 7 6 Salaries and allowances at Head Office and £ s. d. Balance, being profit for the year .. .. .. .. 573,032 9 11 223 branches and agencies .. .. 518,536 3 0 To which has to be added : Amount brought forward from last Directors' remuneration, including London year .. .. .. .. .. .. .. 344,795 1 5 Board and local directors in Australia .. 9,800 0 0 General expenses, including rent, stationery, 917,827 11 4 telegrams, postages, travelling, repairs to Less dividend paid, as above .. .. .. .. 293,359 7 6 premises, &c. .. .. •• 120,697 17 0 624,468 310 ; Audit Expenses Account .. .. 3,130 0 0 Rates and taxes . • 323,510 12 1 975,674 12 1 594,231 19 0 £939,027 0 5 £939,027 0 5

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