International Review of Educational Cinematography (Jan-Dec 1932)

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— 804 HE>AI> OFFICES 51, Via Sallustiana :: ROME :: 38, Via S. Basilio Profits paid to policy holders for 1931 increased to 3.50 per thousand of insured capital It is a fact that as from the company's financial year 1930, persons insured by the " Istituto Nazionale delle Assicurazioni „ were made participators in the company's profits, and for that year the distribution of such profits amounted to 3 per 1000 of the sums insured. It was forseen that the company's excellent financial position would eventually permit a still larger participation in the profits by policy-holders, and as a matter of fact FOR THE FINANCIAL YEAR 1931 in consideration of the prosperous results obtained by the company, the Board of Directors has decided to increase the distribution of profits to those insured with the Institute to 3.50 per 1000. This increase has a most important consequence, since it affects profits calculated on several thousands of millions of lire of insured capital. In fact, the sum of the profits set aside in the company's last balance sheet in favour of the owners of savings entrusted to the Institute amounted in round figures to 15,600,000 LIRE so that the first two distributions of profits (1930 and 1931) show a total of 29,000,000 LIRE paid to persons insured with the Institute, which demonstrates clearly the increasing strength of the Company, and at the same time establishes between it and its supporters a continually strengthening bond of interest.