191784-1932-Supplementary-Hongkong-and-Shanghai-Banking-Corporation-One-Hundred-and-Sixteenth-Report-of-the-Board-of-Directors-to-the-Ordinary-Yearly-General-Meeting-of-Shareholders — Page 3

Dr.

GENERAL PROFIT AND LOSS ACCOUNT, HONG KONG AND SHANGHAI BANKING CORPORATION. 31st. December 1931.

Cr.

DOLLARS.

DOLLARS.

DOLLARS.

DOLLARS.

INTERIM DIVIDEND :-

Paid on 10th. August 1931, of £3 per Share on 160,000 Shares = £480,000 @ 1/03

REMUNERATION TO DIRECTORS £5,000. BALANCE TO BE APPROPRIATED: FINAL DIVIDEND :-

Of £3 per Share on 160,000 Shares

--- £480,000 @ 1/54

TRANSFER TO BANK PREMISES ACCOUNT.

BALANCE forward to next year

By BALANCE OF UNDIVIDED PROFITS, 31st December 1930

$3,429,093.38

·

9,216,000.00

82,782.61

AMOUNT OF NET PROFITS FOR THE YEAR ENDING 31ST. DECEMBER 1931 after making provision for bad and doubtful debts and con- tingencies, deducting all Expenses and Interest paid and due

16,469,461.25

19,898,554.63

$ 6,678,260.87

500,000.00

3,421,511.15

10,599,772.02

19,898,554.63

SA

19,898,554.63

o Balance.