The annual report of the China Import and Export Lumber Ca. Ld. sets forth that the profit and loss account, including the balance of Tls, 58,689.30 carried forward from last year, shows a total profit of Ts. 549,828:53. After providing for directors' and auditors' fees, allocating to ordinary reserve Ts. 400,00, special reserve, Ts. 80, equalization of dividend fund is. 100,000, and. writing off for depreciation on buildings, machinery and general equipment the sum of Tls. 36,194.37, a credit balance remains of Tls. 261,134.16 which amount the directors _recommend to be appropriated as follows Tis. To pay a dividend of 8 per cent absorbing 40,000.00 To pay a bonus of Tls. 25 per share, absorbing 125,000.00 To pay to charities 5,000.00 And carry forward to new account, balance of 91,134.16
Tls. 261,134.16
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