Management in the early days of the Irish Free State: Bennetts of Ballinacurra
and | Jan 31, 2019
About this article
Article Category: Research Article
Published Online: Jan 31, 2019
Page range: 35 - 50
DOI: https://doi.org/10.2478/ijm-2018-0004
Keywords
© 2018 Desmond Gibney, Martin Quinn, published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
Figure 1
Extracts from accounts of John H Bennett & Company Ltd (1928-1935) and John H Bennett (1922-1927)
| Year to August | Income per Trading Account | Malting Commission (Included in Income) | Total Malting Expenses | Audit Fee | Net Profit for Period | Preference Dividend | Ordinary Dividend | Reserves | Cash and Bank |
|---|---|---|---|---|---|---|---|---|---|
| 1922 | £16,448 | £16,357 | £11,018 | £21 | £5,423 | NA | NA | NA | NA |
| 1923 | £9,819 | £9,698 | £7,502 | £21 | £2,242 | NA | NA | NA | NA |
| 1924 | £12,020 | £11,947 | £2,015 | £26 | £2,015 | NA | NA | NA | NA |
| 1925 | £12,695 | £12,410 | £10,474 | £54 | £1,967 | NA | NA | NA | NA |
| 1926 | £13,796 | £13,616 | £10,545 | £34 | £3,091 | NA | NA | NA | NA |
| 1927 | £12,853 | £12,834 | £9,462 | £28 | £3,390 | NA | NA | NA | NA |
| 1928 | £13,119 | £12,955 | £7,723 | £21 | £5,396 | £0 | £0 | £1,631 | £382 |
| 1929 | £12,460 | £12,054 | £8,588 | £21 | £3,630 | £300 | £0 | £4,961 | £2,769 |
| 1930 | £12,396 | £12,046 | £9,710 | £21 | £2,685 | £300 | £1,000 | £5,495 | £1,289 |
| 1931 | £12,764 | £12,403 | £10,391 | £21 | £2,373 | £300 | £1,000 | £6,678 | £161 |
| 1932 | £10,382 | £9,902 | £8,064 | £30 | £2,318 | £300 | £3,500 | £4,281 | £1,647 |
| 1933 | £9,601 | £9,012 | £7,573 | £25 | £2,027 | £300 | £2,500 | £3,038 | £2,808 |
| 1934 | £9,581 | £8,702 | £6,633 | £25 | £2,486 | £300 | £1,250 | £3,594 | £2,271 |
| 1935 | £9,915 | £8,976 | £7,454 | £40 | £2,360 | £300 | £1,750 | £2,257 | £1,549 |
Extracts from accounts of John H Bennett & Company Ltd (1928-1935) and John H Bennett (1920-1927) Converted to 2015 Values
| Year to August | Income per Trading Account | Net Profit | Total Dividends Paid (i.e. Ordinary and Preference) | |||
|---|---|---|---|---|---|---|
| In Nominal Terms | In 2015 Terms | In Nominal Terms | In 2015 Terms | In Nominal Terms | In 2015 Terms | |
| 1922 | £16,448 | €841,236 | £5,423 | €277,360 | NA | NA |
| 1923 | £9,819 | €513,112 | £2,242 | €117,160 | NA | NA |
| 1924 | £12,020 | €621,376 | £2,015 | €104,166 | NA | NA |
| 1925 | £12,695 | €642,454 | £1,967 | €99,544 | NA | NA |
| 1926 | £13,796 | €717,042 | £3,091 | €160,653 | NA | NA |
| 1927 | £12,853 | €706,203 | £3,390 | €186,262 | NA | NA |
| 1928 | £13,119 | €724,960 | £5,396 | €298,185 | £0 | €0 |
| 1929 | £12,460 | €680,720 | £3,630 | €198,316 | £300 | €16,390 |
| 1930 | £12,396 | €697,025 | £2,685 | €150,977 | £1,300 | €73,099 |
| 1931 | £12,764 | €767,061 | £2,373 | €142,607 | £1,300 | €78,124 |
| 1932 | £10,382 | €635,835 | £2,318 | €141,963 | £3,800 | €232,727 |
| 1933 | £9,601 | €611,368 | £2,027 | €129,074 | £2,800 | €178,297 |
| 1934 | £9,581 | €606,080 | £2,486 | €157,261 | £1,550 | €98,051 |
| 1935 | £9,915 | €611,126 | £2,360 | €145,462 | £2,050 | €126,355 |