REPORT OF THE PANAMA RAILROAD COMPANY. 29

SUPPLEMENTAL REPORT SHOWING THE RESULTS OF THE COMPANY’S
OPERATIONS FROM JULY 1, 1906, TO OCTOBER 31, 1906.

[Presented in 1 compliance om resolution of the el of directors adopted at its meeting of April
2, 1906 s

Exursir P.— Income account and profit and loss account for four months ending October
31, 1906.

INCOME ACCOUNT.

 

 

 

 

 

 

 

 

 

 

Railroad:
Gross CA LMI N eS TOMO PeTAUOM ss cken cae cece. fee ee eee eras $963, 745. 94
Operating. expenses: -.2.5...2...2- Ge eee 612, 616. 59
Netecarnings: from operatlomentasn toons eee oe eee ae aes ase eee ree $351, 129. 35
Steamship line: :
Gross earnings from operation ....... Yeas spo erciete eae Sts SOU Ne teenie Moe eee Rare 512, 366. 71
Operating: CXPCnSeS ame meets ee ela eee Ges Sites Sans oie oes cient cea 451, 914. 09
Net earnings from operation ... a ee eee eee Puree 60, 452. 62
TLotalearninessroOmOpehatlOMet = ss cose yes ON ee pec ee Soe alate sae eens 411, 581. 97
Add income from—
Interest ON: SECURITIES O WMC oo niece hse eo oc oo ER eee 2, 686. 25
Imterest:-and exchanges a hee Sane roe eo Sa os Ns ee ae 74. 53
| 2,760.78
ess:interest: on! loamsr ies a Ree ee cise (ere oh Nortel 7, 647,18
ee a4, 886. 35
Total income ........ de poor uene Be ee er a | Suen ecient 406, 695. 62 ~
Less—
Interest on funded debt, first-mortgage 44 per cent bonds—
Interest on $2,272,000 July 1, 1906, to Sept: 30, 1906 -.-:-.-.--.: 22222. ....- 25, 060. 00
Interest on $2,163,000 Oct. 1, 1906, to Oct. 31, 1906 ...... fs vtiese eee raeis 8, 111. 25
38, 671. 25
Less interest Apr. 1, 1906, to Sept. 30, 1906, on 119 bonds drawn for re-
demption and paid by ‘trustees in October, SLOQG ore ye ee rene - 2,452. 50
esis j 31,218.75
Hirst-morteage: sinking hin Ges oe ces oc on sates eee ee 50, 000. 00
Concessionary subsidy to United States Government under treaty....-. 8, 3838. 33
Subsidy to Republic of Colombia, applied to—
Interest on subsidy bonds, 533 bonds July 1 to Oct. 31,
LOO Gc Se Se eee iin rs ch Nee eae ce aol Mae $10, 660. 00
Redemption Ob-subsidy ponds... 262 5.. .4.2 2.622. 64, 340. 00
—————| 75,000.00
————-———| 164,552.08
INE Income tor tourimonthss sa. 52-2. 8. AUER ear eos cer le nee Same eae | 242, 143, 54
PROFIT AND LOSS ACCOUNT.

‘by-balanee to credit of profit and Joss june 30; 1906222... 2.225225 ss eee 5, 088, 589. 81
Surplus from income account for four months ending Oct. 3.1906. 5 Sa es 242,148, 54
First-mortgage 44 per cent twenty- vear sinking-fund gold ponds, re-

GON eae ae SOE Voge Ste I RITCEET Hares ois Spa Oh gar anaemia ton ons ean 140, 000. 00
Value of material recovered from lighters Nos. 6 and 7, condemned and

WirittensOt December WO0r te sete Sos es Ses Ss eels eee 100, 00

, 5, 470, 833. 35

Less sundry accounts written off, net................... ua Oats ons reyes iere | Skee eae 243, 53

Byg balance to credit On proniand loss Ochs sit M906. oo. ge se ee eee 5, 470, 589. 82

a Debit.