IMPERIAL CHEMICAL INDUSTRIES.
Such important financial interests are represented by the Imperial Chemical Industries that special interest always attaches to the annual report. On this occasion the state- ment must be regarded as a thoroughly satisfactory one, especially having regard to the continuance of depression in so many parts of the world. The gross profit for the year was £6,415,000, compared with only £4,669,000 in the previous year, though for 1930 the gross profit was 15,130,000. This year the further amount is placed to Depreciation of 21,500,000, against £1,000,000 a year ago, and for Income Tax £686,000 is set aside against £260,000. Even so, the balance remaining is £4,229,000, against £3,408,000. After paying the dividend on the Ordinary shares at the rate of 6 per cent., as compared with 41 per cent., the balance forward shows an increase of nearly £27,000.
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