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... to overcome the difficulties which had arisen between the Persian Government and the company, as the correct assessment ' net profits,' of jwhich under the D'Arcy Concession the Persian Government received 16 per cent, royalty, the company had indicated ...
... issued to-day states that the profits for 1932. after making full provision for all royalty and taxation due to the Persian Government under the recent settlement, amount £2.379,677. which has to added the carry-forward. £720.129. After providing £1.071 ...
... law ana equity recognised by civilised nations.. . J.pj . ' Of the considerable sums payable the near future to: the Persian Government substantial part has been set aside past years, and the 'balance will provided the accounts for the year 1932. GRAFT ...
... £1,022,069 £1,071,341 B% £720,130 iement Is the more en It Is realised that struck after making ill royalty and taxa- Persian Government settlement. It will the carry forward Is auced, but the surplus adequate by the board In tlement with the Persian lfter ...
... £60,000 more that the capital Bank. It should noted that the reserve does not Include the £200,000 reeSiveq.frotn, the Persian Government Tor surrender of the note Issue, that item appealing ' jjs. a sepSrate reserve. Beechams§Subfeidiary Issue the cqurse ...