'The total profit of £196449.19 compares with 'a profit of £.139.589.64 Came in' 1039. This increase in profit Is accounted for by an increase {nthe output. lower cost of produ tion and an Increase in. the selling price with the result that the profit per Ib, of rubber produced was 14.58 per Ib, in 1940 compared with 1207 ets. per 1b, in 1939.
Turning to the combined profit and toss account it will be seen that after debiting the agency fee of 9.000 Which is transferred to the Shanghai company. paying staff bonus over: 1930, providing for loss on exchange andi Interest and reserving £29.555—taxation there i a balance of (198.990.60 which has been transferred. to the balance sheet. This sum together with the balance brought forward makes a total balance in profit and Toss account of £.150.387.34 proposals for dealing with which are Biven in the report,
Text read from the printed page and cleaned; old type leaves the occasional error.