The Everton Football Club Co. Ltd. Report of the Directors to the Seventy-Fifth Annual General Meeting of the Company to be held on Wednesday, the 23rd June, 1954. The Directors in submitting the Accounts of the Company for the period ending 1st May, 1954, beg to report thereon as follows: The Balance to credit of Profit and Loss Appro- priation Account brought forward from last year amounting to .... .... .... .... £27732 1 2 Add Income from Properties .... .... .... £910 1 11 Amount received from War Damage Commissioners .... .... .... .... 1307 0 11 Excess of Income over Expenditure .... 21374 2 3 _________ 23591 5 1 __________ £51323 6 3 The Directors have made provision in the Accounts for: Depreciation on Stands, etc .... .... .... 1469 10 0 ` Dividend for year to 1st May, 1954, at 7½% less Income Tax .... .... .... .... 80 6 8 Reserve for Income Tax on Current Profits 6650 0 0 _________ 8199 16 8 ___________ Leaving a Balance to be carried forward of .... .... £43123 9 7 ___________ The Directors due to retire this year are Messrs. C. E. BALMFORTH N. W. COFFEY and Mr. T. C. NUTTALL, who are eligible and offer themselves for re-election. No other nominations have been received. Under the provisions of the Companies' Act, 1948, the Auditors Messrs. Rogers, Bowler, Rushworth Smith & Co., will continue in office. The Transfer Books of the Company will be closed until the 24th day of June, 1954. E. GREEN, Chairman ATTENDANCES OF DIRECTORS AT ORDINARY MEETINGS. (Number of Meetings 41). Mr. E. Green .... .... .... 41 Mr. C. E. Balmforth.... .... 37 Mr. N. W. Coffey .... .... 40 Mr. R. E. Searle .... .... 37 Mr. A. N. Denaro, M.B.E., J.P. 40 Mr. J. C. Sharp .... .... 37 Dr. C. S. Baxter .... .... 39 Mr. T. C. Nuttall .... .... 30 Mr. F. Micklesfield .... .... 39 In addition to above 9 Emergency and Sub-Committee Meetings were held.