8.—15

Profit and Loss £ s. d. £ s. d. £ a. d. Dividend on C long-term mortgage shares .. .. .. 6,152 6 10 Balance at 31st March, 1943 .. .. .. .. .. .. 580,091 17 0 Dividend on D long-term mortgage shares .. .. .. 15,380 17 2 Dividend on preference B shares .. .. .. .. 25,000 0 0 Dividend on ordinary shares .. .. .. .. 150,000 0 0 196,533 4 0 Balance carried down .. .. .. .. .. .. .. 383,558 13 0 £580,091 17 0 £580,091 17 0 Dividend paid 4th December, 1943— £ s. d. £ s. d. £ s. d. Dividend on preference A shares .. .. .. .. 43,750 0 0 Balance brought down .. .. .. .. .. 383,558 13 0 Interim dividend on C long-term mortgage shares .. .. 6,152 6 10 Profits for year ended 31st March, 1944, including recoveries, and, Interim dividend on D long-term mortgage shares .. .. 15,380 17 2 after payment of and provision for all interest due and Interim dividend on preference B shares .. .. .. 18,750 0 0 accrued on deposits, provision for bad and doubtful debts, £ s. d. Interim dividend on ordinary shares .. .. .. 112,500 0 0 and for the annual donation to the Provident Fund are .. 1,893,330 7 2 196,533 4 0 Less— Balance, being profit for the year .. .. .. .. 383,409 19 8 Salaries and allowances at Head Office and £ s. d. To which has to be added amount brought forward from last year 383,558 13 0 193 branches and agencies .. .. 551,773 1 6 Directors' remuneration, including London 766,968 12 8 Board and local directors in Australia .. 7,083 6 8 Less dividend paid, as above .. .. .. 196, 533 4 0 General expenses, including rent, stationery, 570,435 8 8 telegrams, postages, travelling, repairs to premises, depreciation, &c. .. 170,136 4 5 Audit Expenses Account .. .. 3,025 0 0 Rates and taxes .. .. .. 777,902 14 11 1,509,920 7 6 383,409 19 8 £766,968 12 8 £766,968 12 8

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