Exuipit B.—Balance sheet June 30, 1907.

‘

Sc E00 00 2 a rc fee ee enna ee ee eee

Cost of road, real estate and equipment
Improvement and construction accounts........-.-------------------
Floating equipment:
Steamers Allianca, Finance and Advance. $596, 749. 66
Add cost of installing refrigerating plants
on steamers Finance and Advance....... 34, 315. 07
$631, 064. 73

Tugs and lighters.........--- Rates neo eve tGe Mn Ie 290, 943. 80

wwe eww meee eee ewe ee ewe eww

MotaliGost, OL PRODGMLYEE wae ach oes onic ne ec atome ve Meter ie ciara
Bonds in treasury: ;
_ Sixty-nine 6 per cent Panama Railroad Company

sinking fund) subsidy DONGSiuiah ito alae ee 69, 000. 00

Five hundred and ninety-six 44 per cent twenty-year

SOL Simian TUNCHHONd See ee ce Nae een 596, 948. 75
On deposit with financial agents for redemption of bonds:

44 per cent twenty-year gold bonds.-.......-.......-.-------------
Advance of subsidy to Republic of Colombia. ..................-.-----
Current assets:

Cashvmibanks amd withvagsenusinmen ue se nr ee 491, 833. 04

Coaltandisuppliesonmhand see hes ese Anos Sc: 758, 559. 47

Due from connecting companies ..----.-.------ eS 208, 571. 55

Due from United States Government—

Isthmian Canal Commission........-.-- 660, 784. 81
Post-Office Department ..........----- 61, 128. 50
Navy) Gp amoment 40. ei nei eer: - 2, 580. 00

724, 493. 31

Due from companies and individuals ........-......--- 71, 252. 66

Miscellaneous) ACCOUMUS iE: Mes yore es cee cee ads es 495, 795. 24

Unearned insurance and charter of steamers .......-.-- 60, 038. 23

General average disbursements....................---- 1,914.15

$13, 721, 107. 87

1, 162, 085. 20

922, 008. 53

15, 805, 201. 60

665, 948. 75

1,705. 00
340, 000. 00

|

 

2, 812, 457. 65

|
|
19, 625, 313, 00

CaplivalestoGk gence Ma ie ee ee ie Pa ST Re ee ara eae ear aat Ae
43 per cent twenty-year sinking fund gold bonds (author-

ized issue, $4,000,000): Issued to date (4,000 bonds, less

1,121 bonds previously redeemed)’. .:.--.---..---- Pee $2, 879, 000. 00

Mess'drawiitor redemption tm lQ0G2. 2h. Se te 140, 000. 00

Total capital stock and mortgage liabilities ......-.....-...-......

6 per cent\gold sinking fund subsidy bonds¢......-...-.-.........-.---.-
Bonds drawn for redemption not presented for payment:

44 per cent twenty-year gold bonds.....-.-...-.-......- 1, 072. 50

GAeH COMUSUDSIGY ONGSs 22s o5 os Tae ee eo a 1, 000. 00

Funds for redemption of bonds—
44 per cent twenty-year gold bonds.......-...-.....-.-

138, 132. 50
6G percent Subsidy DOmndstesh si 26h. ae ae ce

183, 675. 00

Equipment and planb Treplacemeniy LUNGS ioe te ee ate ee
Current liabilities:
Due to United States Government—

Concessionary subsidy accrued .......- $9, 375. 00
Bills payable—for cash appropriated

through Isthmian Canal Commission

for new equipment and improve-

TMOTNUSR ia eee en Ns RS eae TL ate 1, 647, 892. 77

1, 657, 267.77
39, 086. 96
5, 782. 50

Isthmus drafts not presented
Coupons NOt Presenued ees oes ee eee a
Accrued interest on bonds: ;

4 per cent twenty-year gold bonds

(QUIGBIDONGS) pee ee seat ee oo 24, 333.75

6 per cent subsidy bonds........-.-.... _ 3, 400. 00
ie ae 27, 733. 75
Audited: vouchers and pay Tollse 2. 2225. ). 2 sles e 889, 079. 85
Duetoeonnectinglines: ilies ee ee ye 39, 191. 93
IMiscellaneOusACCOUMUS. caso cece ELS ose ce: 93, 873. 84
WWnmaldyWakesesne eee os Fae ha cet ek es ees en as - 6, 289. 16

Balance tocredit.on prot ang loss. ik. 5 ew el A ei ee

$7, 000, 000. 00

2,739, 000. 00

9,739, 000. 00

340, 000. 00

2, 072. 50

321, 807. 50
182, 796. 48

2,758, 305. 76
6, 281, 330. 76

19, 625, 313. 00

 

a Three hundred and forty 6 per cent gold sinking fund subsidy bonds of $1,000 each, amounting to $340,000, issued November 1, 1880, fall due November 1, 1910.

To meet this bonded indebtedness of $225,000 annually of the Colombian Government subsidy was pledged till March 27, 1908, the same to be applied by the company, first

to the payment of the interest, and second. as a cumulative sinking fund for the redemption of the principal; the bonds to be drawn yearly in September to an amount equal

to the then surplus of the subsidy sinking fund, the drawn bonds to be paid on November 1 after each drawing, and thereby redeeming the whole issue in 1908.

“ANVdIOO GVOUTIVE VNVNVd SHYOLOSUIG GYVOd LYOdau

OG