114 FOREIGN TRADE ZONES

privilege to receive a certain share of all duty paid on goods imported
through the Gothenburg customs, but in return the city has to provide
its customs authorities with offices, inventories, etc. The abovementioned
 share of duty, which is rather ample, generally gives the
city quite a surplus.
The expenditures of the Gothenburgs Frihamns Aktiebolag (including
 those for the warehouse in the customs harbor) are shown in
the annual report for the year 1927, as follows:

—

Income from the free port... ____.____________.___.______ S——
Income from the warshouse in customs harbor ____.____

Expenditures for the free port .___.__.._.__ o_o...
Expenditures for the warehouse in the customs harbor

1927 |

1926

Kronor ' Kronor
210,000 | 151,000
91, 000 91, 000
301,000 © 242, 000
77, 000 | gu
30, 700 32, 000
107,700 | 99. 000

The net profit for 1927 was thus Kr. 193,500 against Kr. 145,000 in
1926. The dividend of 5 per cent has been paid to the shareholders;
Kr. 5,000 were reserved for the upkeep of the buildings; Kr. 2,543
were written off on the new warehouse; and Kr. 171,000 were paid to
the city of Gothenburg, against Kr. 124,000 in 1926 and Kr. 109,000 in
1925. This company thus shows very satisfactory results and the
increased figures from 1925 to 1927 show the progress of the free port.
Operations permitted in free zone.—The free port is more or less to
be considered as a part of the country outside of the customs frontier.
The chief operations permitted, with a few exceptions mentioned
below, are that merchandise of almost any kind may be landed,
stored, manufactured, repacked, and transshipped to other parts of
the world without anything being paid in customs or other dues to
the Swedish Government. Only on the removal of goods into
Sweden proper—goods destined for Swedish consumption or use—
do they have to pass through the customs barrier. By special permission
 from the King industrial undertakings may be conducted there.
The handling of wines and spirits, which is monopolized in Sweden,
is only to be done by the wholesaler entitled thereto, which is Aktiebolaget
 Vin-& Spritcentralen. Any goods may be expedited duty
paid or unpaid after clearance performed in the free port. The distribution
 may take place either by water to and from the free port,
by land, by train or other conveyances, or by mail.
Operations prohibited in free zone.—Retail trade must not be
carried on in the free port. However, after permission from the King
the sale of victuals and other ship chandlers’ goods may take place
on conditions prescribed by the King. Permission for industrial
activities does not include book-printing or similar activities, which,