W. R. Carpenter & Co. (Sol. Is.),
p. 30 · Read in the full issue
Ltd.
For the year ended 31st October, 1933, W. R.
Carpenter and Co. (Solomon Islands) Ltd. real ised £12,105 net profit, or £2313 less than for 1931-32. On the ordinary shares, which are held by W. R. Carpenter and Co., Ltd., dividend is reduced by 2 per cent, to 4 per cent., and takes £4480. Dividend on the 8 per cent, cumulative preference participating shares, less statutory de duction of 22½ per cent., absorbs £6200; to replacements and renewals reserve £1000 is added, and with £5736 brought in, £6162 is carried for ward. Capital paid up is £212,000. The balance sheet shows replacements and renewals reserve at £7000. In the assets, mortgages, sundry debtors, branch balances, shipping property and investments are grouped, and appear at £235,600, compared with £241,364 a year earlier.