Dr.
GENERAL PROFIT AND LOSS ACCOUNT, HONG KONG & SHANGHAI BANKING CORPORATION.
31st. December 1929.
Cr.
DOLLARS
DOLLARS.
DOLLARS.
DOLLARS.
To INTERIM DIVIDEND :
Paid on 6th August 1929, of £3 per Share on
By BALANCE OF UNDIVIDED PROFITS, 31st December 1928
$3,397,812.89
160,000 Shares £480,000 @ 1/11}=
REMUNERATION TO DIRECTORS
71
BALANCE TO BE APPROPRIATED :-
>>
FINAL DIVIDEND :-
*
53
4,981,621.62
50,000.00
AMOUNT OF NET PROFITS FOR THE YEAR ENDING 31ST DECEMBER 1929 after making provision for bad and doubtful debts and con- tingencies, deducting all Expenses and Interest paid and due
14,148,209.57
e-
17,546,022.46
Of £3 per Share on 160,000 Shares £480,000 @ 1/7) -
Bonus of £1 per Share on 160,000 Shares = £160,000 @ 1/7} = .
TRANSFER TO SILVER RESERVE.
...$ 5,907,692.31
1,969,230.77
$7,876,923.08
500,000.00
TRANSFER TO BANK PREMISES ACCOUNT BALANCE forward to next year
750,000.00
3,387,477.76
12,514,400.84
$ 17,546,022.46
95
€R
17,546,022.46
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