The Danish East Asiatic Company's report for 1937 shows a met result for the year, after providing for depreciation and with addition of the sum brought forward, of Kroner 747889119, from which is proposed to pay a dividend of 8 per cent. and to carry forward Kroner 2.659.925,21. The result marks a substantial improvement on the net earnings during the preceding year amounting to Kroner 551726392 from which likewise was paid a dividend of 8 per cent, while Kroner *1.256.318,54 were carried forward to 1937.
The gross earnings in 1937 amounted to Kroner 1864922926 against Kroner 1403141293 in 1936, and in consonance with the Company's usual policy of consolidation liberal provision for depreciation has been made, The company's share capital is Kroner,50 Millions, and the reserves now aggregate Kroner 41.959.- 925,21 and, further, the Security Fund for capital invested in other companies amounting to Kroner 3977.- 157,20.
The Company's turnover of oversea products through the Head Office in Copenhagen aggregated approximately 906.000 tons, against 919.000 tons in 1936, and of the total 195.000 tons were transported by the Company s own vessels and 711.000 tons by outside tonnage,
Text read from the printed page and cleaned; old type leaves the occasional error.