8.—15

Profit and Loss. £ s. d. £ s. d, s " Dividend on C long-term mortgage shares .. .. •• 7,031 5 0 Balance at 31st March, 1936 Dividend on D long-term mortgage shares .. .. . • 17,57826 Dividend on preference B shares .. .. •. • • 68,750 0 0 Dividend on ordinary share capital .. .. •• 187,500 0 0 __ Balance carried down .. • • • ■ • • • • • ■ • • 339, 100 7 9 £619,959 15 3 £619,959 15 3 Dividend paid 12th December, 1936— £ s. d. £ s. d. Dividend on preference A shares .. .. 50,000 0 0 Balance brought down .. .. . . •• •• •• •• Interim dividend on C long-term mortgage shares .. .. 7,031 5 0 Profits for year ended 31st March, 1937 mcludmg recoveries and Interim dividend on D long-term mortgage shares .. .. 17,578 2 6 after payment of and provision for all interest due and accrued Interim dividend on preference B shares 31,250 0 0 on deposits, provision for bad and doubtful debts, depreciation Interim dividend on ordinary shares 187, 500 0 0 of furniture, and for the annual donation to the Provident Fund 293,359 7 6 are .. .. •• •• •• £1,60b, 341 15 11 Balance, being profit for the year .. .. •• •• 600,008 4 6 1,606,341 15 11 To which has to be added : Amount brought forward from last year 339,100 7 9 Less— Salaries and allowances at Head Oftice and 22b £ s. a. 939,108 12 3 branches and agencies .. .. .. 553,072 18 9 Less dividend paid, as above 293,359 7 6 Directors' remuneration, including London 645,749 4 9 Board and local directors m Australia .. 8,530 7 0 General expenses, including rent, stationery, telegrams, postages, travelling, repairs to premises, &c. .. • ■ ■ • 118,460 16 9 Audit Expenses Account .. . • 2,980 0 0 Rates and taxes .. ■ ■ . • 323,289 8 11 1,006,333 11 5 600,008 4 6 £939,108 12 3 £939,108 12 3

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