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M6
The Kinematograph Year Book.
cent of the purchase price of the properties plus amount of rents payable under head leases of any leasehold properties, and has also agreed to pay all working, management and administration expenses of that Co., during the term of the lease. ,
Corporation owns or controls about 500 kinemas, serving most of important towns throughout the country with particular strength in London and its suburbs.
In 1937, Corporation acquired control of Union Cinemas, Ltd., and now owns the entire Ord. share capital of that Co.
Directors : Sir Philip Warter (Chairman) ; Eric G. M. Fletcher, Ll.D., M.P. (Deputy Chairman) ; Max Milder (Managing) ; R. Clark, M.A., Ll.B. ; E. Maloney, F.C.A.
CAPITAL
Authorised and Issued
£5,000,000 in 4J per cent Cum. Pre-Pref. shares and stock units of £1 2,000,000 in 6 per cent Cum. Pref. stock 2,000,000 in Ordinary stock units of 5 /
£9,000,000
Profits and Dividends
Year. Group Trading. Group Net. Parent Net. Dividends.
To March. £ £ £ per cent.
1940 1,4.16,308 214,037 213,614 Int. 10 Fin. 10
1.423,236 192,897 188.499 Nil. Nil.
1942 ■ 1,573,595 408,068 376,595 Int. 7I Fin. 7\
1943. t 1,505,229 382,998 359,394 Int. 7* Fin. 7i
3_* Bonus 2|
x944 : \ 2,102,191 535,249 376,889 Int. 7\ Fin. 7s
, H Bonus 2i
1945 2,135,890 537,74! 391,182 Int. 7\ Fin. 12*
1946 2,234,051 697,623 550,752 Int. 7-1 Fin. i7h
1947 .u. 2,542,274 970,190 928,133 Int. 10 Fin. 20
Share Price Record
Cal. Year
1941
1942
1943
1944
1945
1946
1947
Highest
8/ioi
14/8
17/4 -'
24/1
24/6
30/6
34 b
Lowest
4/6
7/10
13/10
14/9
19/4
20/
16/3
ASSOCIATED PROVINCIAL PICTURE HOUSES, LTD.
Y~^0. controlled by Provincial Cinematograph Theatres, Ltd. Owns the V- following theatres : Aberdeen, The Picture House ; Dudley, The Criterion and The Regent ; Halifax, The Picture House ; Leigh, The Palace Cinema ; London, The Angel Cinema, Islington, The Finsbury Park Cinema, The King's Cross Cinema, Gaumont Palace, Wood Green ; Portsmouth, Regent, North End ; Southsea, The Plaza and Bradford Junction ; Sutton, The Surrey County Cinema ; Walsall, The Picture House ; Wednesbury, Gaumont ; Willenhall, The Picture House ; Wolverhampton, The Gaumont Palace, The Queen's Picture House, and The Scala.
Also controls Scala (Ealing), Ltd. ; Scala (Kilburn), Ltd. ; Scala (Maida Vale), Ltd. ; and Gaumont Super Cinemas, Ltd.
Directors : J. Arthur Rank, J. P. (Chairman) ; Mark Ostrer (Joint Man. Dir.) ; Sir William A. H. Bass, Bart. ; A. E. Newbould ; L. W. Farrow, F.C.A. (Joint Man. Dir.)