The Fifth Annual Report and Balance-Sheet of the
Dunedin and Suburban Coal Company, Limited.
he Directors have the pleasure to submit their Report to the Shareholders for the year ending 31st July, 1893. The Profit and Loss Account shows a profit for the year of £88 6s. 3d., which, added to £54 18s. 1d. brought forward from last year, leaves an available balance of £143 4s. 4d.
Dividend and Interest at 10 per cent. on paid up Capital | £40 | 11 | 0 |
Bonus to Manager | 10 | 10 | 0 |
Directors fees | 12 | 0 | 0 |
Reserve fund | 25 | 0 | 0 |
Carry forward | 55 | 3 | 4 |
£143 | 4 | 4 |
The whole of the Directors retire, but are eligible for re-election.
Walter Hislop
, Chairman.F. L. Clarke
, Manager.The Dunedin & Suburban Coal Company, Limited.
Having examined Books and Accounts pertaining to the above Balance Sheet, I hereby certify that it truly represents the position of the Company as at the 31st July, 1893.
19th August, 1893.
Thos. Kew Harty
, Auditor.