34 DANGAR, GEDYE AND CO. 19 September 1932 Dangar, Gedye and Company Ltd reports a net profit of £22,951 for the year ended June 30, an increase of £205 over that of the previous year. In the previous report gross profit was given. It is not given in the present report. The distribution on ordinary shares is unchanged at 22 per cent (15 per cent dividend and 7 per cent bonus) requiring £16,875, preference dividend of 8 per cent accounts for £2912, and the balance, £3164, is transferred to reserve account with capital of £111,400, of which £36,400 is preference, and a reserve of £18,475, bank overdraft, sundry creditors, and provision for taxation is £38,111. In the previous balance sheet these accounts were given in three items, totalling £49,351. Assets amount to £182,401. Here, too, t

