... as Et 31 December, 1932, being £7,587,674) and £1,960,302 In cash. Reserves total £7,708,120. The settlement with the Persian Government of the royalties and taxation question has Involved the provision of X 2,845,131. Of this £1,142,353 was In respect ...

... value at 31 December, 1932, being £7,587.674) and £1,959,302 in cash. Reserves total £7,708,128. The settlement with the Persian Government of the royalties and taxation question has Involved the provision £2.645.131. Of this £1,142,353 was in rsepect of Anal ...

... boon made in the profit and loss account for payments due to tho Persian Government , in terms of the agreement recently concluded . In the past royalty payments to the Persian Government were provided out of tho profits of the First Exploitation Company ...

... uncertainty of the position -had been kept higher figure than normally necessary. In the past, royalty payments to the Persian Government were provided out of profits of the Plrsi Exploitation Company and the Anglo- Persian. arrangement with the First E ...

... forward, against £720,130 brought in. Full provision has been made in the profit and loss account for payments due to the Persian Government in terms of the agreement recently conclude^. ...

... Cumulative Preference Share. of El each at par. because of the concession uncertainty. In future all payments to the Persian Government under the new concession will be shown in the accounts. Phoenix Oil surplus of £162,473 compares with £20,746, and the ...

... forward, which had been kept at higher figure than usual because of the concession uncertainty. future all payments to the Persian Government under the new* concession will be shown in the accounts. Phoenix Oil's surplus of £162,473 rom- with £20,746; and the ...

... carried forward, which had been kept a higher figure than u«ual because tho concession uncertainty. In future all pay- the Persian Government under the new concession will be shown in the accounts, Phoenix Oil surplus of £162,473 compares j with £20,746, and ...

... accounts the estimated royalty having a market value at present of day's close of 4.261 and with less payable to the Persian Government £53, 7 30. demand for commercial purposes. the was £134.750 speculative selling had more effect In making the distribution ...

... of the principal terms of the new concession concluded with the Persian Government, further reference to the matter is unnecessary. In view of the settlement. with the Persian Government, it been possible to draw on the balance of because ri profit earned ...

... the full accounts, now issued, centres around the royalty and tax payments which the company has had to make to the Persian Government under the recently concluded agreement. The amount charged to the profit and loss account in this respect is £2,645 ...

... Company. Ltd— Report for 1931 states that the profit, after allowing debenture interest, royalty and taxation payable the Persian Government and kicome-tax, araotimt ta £2 379 677. which added £720.130 brought forwaid, making £3.099307. from whxh the apl prlationa ...