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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