HC Deb 17 May 1968 vol 764 c299W
Mr. Bruce-Gardyne

asked the Chancellor of the Exchequer if he will set out the actuarial calculations which led him to conclude that the 19.32 per cent. distribution by Gill and Duffus Limited in respect of 1967 did not exceed this company's 18.66 per cent. distribution in 1966 by more than 3½ per cent., in view of the fact that the total sum distributed to shareholders increased by over five per cent.

Mr. Diamond

There was an increase in the issued capital qualifying for dividend, part in respect of converted stock and part in respect of an acquisition.