There is an item on the liability side of the balance sheet that perhaps I should enlarge upon and that is sundry creditors, $65,263.74. This appears at first glance to be a very large amount, but it is capable of-given month, including the proportion of the quit rent for the 1l months, February to December 1939, amounting to Ch.$28,11443. The only other large items included under this heading are the bonus to the estate manager and the staff amounting to Ch.$758594 and medical assessment Ch.39,949.92. d Financially the company is in a FR strong position and on January 3l, 1939, the Liquid Assets exceeded the Cash Liabilities by Ch.$225,196.77.
Text read from the printed page and cleaned; old type leaves the occasional error.