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Finance.
523
Directors : J. Arthur Rank, J. P. (Chairman) ; Mark Ostrer and L. W. Farrow (Joint Managing).
CAPITAL
Authorised Issued and Paid
£ s. d. £ s. d.
416,666 13 4 in 1,250,000 Ptg. Pfd. Ord. 6s. 8d 416,666 13 4
32,500 o o in 650,000 ordinary of is. ... ... ... ... ... ... 32,500 o o
1,550,833 o o in ordinary shares of £1
£449,166 13 4
£i,999,999 13 4
Debenture Debt
3i per cent First Mortgage. Outstanding £1,000,000. To be redeemed at par on or before September 30, 1980. Company reserve right to repay at £101 per cent whole outstanding on September 30, 1961, or on any subsequent date on three months' notice.
Net Profits and Dividends
Year.
Profit.
1940 .
• £80,039
1941 .
. 70,279 (L)
1942 .
• 23,597
1943 •
. 58,414
1944 •
. 79,38r
1945 ■
. 52,347
1946 .
. 148,486
1947 •
. 106,653 .
(L) Loss.
Dividends, per cent. Nil.
52.9
52.9
Share Price Record— Not Quoted.
GRANADA THEATRES, LTD.
/~)WNS directly or through Subsidiary Cos., 20 kinemas at Cheam, Clapham ^-^ Junction, Greenford, Greenwich, Harrow, Kingston, Maidstone, Mansfield (2), North Cheam, Rugby (3), Slough, Sutton, Tooting, Walthamstow, Wandsworth Road, Welling, Woolwich and Acton.
The Co. has agreed to acquire the lease of the Scala Cinema, Rugby. It is also interested directly, or through Subsidiaries, in or in the management of eight kinemas : Bedford (2), Oswestry (2), Loughton, and Shrewsbury (3), and owns four freehold sites for future development at Slough, Welling, Woodford, and East Molesley. In addition the company is interested through a wholly-owned sub-subsidiary, the Kinematograph Equipment Co., Ltd., in the sale of kinema equipment and furnishings. In 1946 a controlling interest was acquired in London and District Cinemas, Ltd.
Directors : S. L. Bernstein (Chairman) ; C. G. Bernstein (DeputyChairman) ; E. G. Bygrave, A.C.A. ; M. King ; H. W. L. Reddish, F.C.A. ; R. J. Willder.
CAPITAL
Authorised Issued and Paid
£1,000,000 in 4i per cent. Red. Cum. First Pref. of £1 £800,000
600,000 in 6 per cent Cum. Second Pref. of £1 ... 400,000
500,000 in 5s. Ordinary ... 350,000
£1,550,000
£2,100,000
Year. To Sept.
1940 1941 1942 1943 1944 1945 1946
(a) Before charging
Profits and Dividends
Group Net. Parent Net.
£ £ • • 149,577 a 76,887 a
193,986 a 90,884 a
300,977 a 142,873 a
247,959 a 114,891a
81,506 a 21,507 a
183,567 a 35,7oob
68,191 b 44,269 b
interest, income tax, N.D.C. and E.P.T.
Dividends, per cent. Nil.
10
10
(b) After meeting all charges Ordinary shares not quoted.
including interest, income tax, N.D.C. and E.P.T.