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abe 8 me's A . PROFIT : The profit before dividends, but after taxes, in 1930 ES Eas E AE NS ARS Cn eae ae $363,322.92 Ae Sgtinet 1929 of.... 2.6. cee e sere ee ee eee . ++ _§,828,313.35 or # difference in 1229 tee: Pi. See ee are $964,990. 43 pe cee
In eddition to the law” Box Office values of the nictures ‘aie tributed in 1950, the Corporation #leo suffered from the general
depreesion of business throughout the country.
I duly present to you Price, Waterhouee 4& Co's. statement end _
certificate of our Consolidated Ralance Sheet for the eame period,
and I draw your attention to their remarks. Their Balance Sheet hae been se get up. Sr densi to that of yowr Corvoration, due to the fact that they have asshee up in Cash on Hela $40,596.53 which wee in trensit —— s England at the time the Balance Sheet was made up, and offset thie oy contra entry in the liability colum ee wees to
Producere, otherwise the accounts ete exectly the sare.
GENERAL OPERATIONS DURING Se eee 7°: gr Segempapemeermevmenmrarmeteaneriseaae 9
a er * @
There have been no esubstantiel changes in the policy of your Sompeny; all Foreign Exchangee thet “were in existence at the ‘beginning of the yesr 1930 remein intact. It has been the policy of the officers of the Comp®ny to service these non-fnglieh evetking Exchanges with ae much product 8e oossible in order to keep theese Exchangee in) exietence until euch time &e we Bre able to find —_ definite volicy for their
continuation. nd
oe * Ee ee ee ee PR