Kinematograph year book (1948)

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Finanoe. 521 CINEMA-TELEVISION, LIMITED CONTROLLED by Gaumont-British Picture Corporation, Ltd., the Company acquired in 1940, undertaking and assets of Baird Television, Ltd., for 870,000 Defd., 326,500 Partg. Pref. and 80,000 Red. Pref. shares all fully paid. Co. owns all patents and world rights of Baird inventions for television, and factories at Sydenham and Crystal Palace. In July, 1945, acquired the 320,000 issued shares of Bush Radio, Ltd., for 500,000 Pref. shares and 12,000,000 " A " Ord. shares. Directors : J. Arthur Rank, J. P. (Chairman) ; M. O^trer ; W. B. Robinson, L. W. Farrow, A. G. D. West, G. Darnley-Smith, I. H. Cremieu Javal, John Davis. CAPITAL Authorised Issued and Paid £550,000 in 5 per cent Cum. Pref. shares of £i ... ... £55°>000 300,000 in " A " Ord. stock (Units of 6d.) 300,000 348,250 in " B " Ord. stock and shares of 6d 348,127 £1,198,250 £1,198,127 Net Profit and Dividends Dividends Year. Profits. per cent 1941 .. £823 Nil. 1042 .. 2,221 1943 •• . 18,597 1944 .. 42,178 1945 •• • 50,372 1946 .. • 47,221 10 " A " and 1947 . 42,994 8 Share Price Record Cai. Year ... 1941 1942 1943 1944 1945 1946 1947 "B" Ord. (6d.) Highest ... Lowest 6/6 2/ 6/7$ 2/6 4/6| 2/ GAUMONT-BRITISH PICTURE CORPORATION CONTROLLED by Metropolis and Bradford Trust Co., Ltd. (in which company 51 per cent holding of " A " voting shares was acquired in November, 1941, by General Cinema Finance Corporation), the company owns 11 kinemas in London and District and 18 in Provinces and freehold studios at Shepherd's Bush. General Film Distributors has taken over distribution of Corporation's films and news-reel. At March 31, 1940, Company and its subsidiaries and associated companies, together owned, controlled or managed 348 kinemas, theatres, cafes, etc. Company's main manufacturing subsidiary companies are Cinema-Television, Ltd. (formerly Baird Television, Ltd.), with which is amalgamated Bush Radio, Ltd., and British Acoustic Films, Ltd. Subsidiary and associated companies are Albany Ward Theatres, Ltd. ; Associated Provincial Picture Houses, Ltd. ; Bush Radio, Ltd. ; Denman Picture Houses, Ltd. ; Gaumont Super Cinemas, Ltd. ; General Theatre Corporation, Ltd, ; Moss Empires, Ltd, ; Provincial Cinematograph Theatres