Exuipit B.—Balance sheet June 30, 1908.

 

 

Cost of road. realestateand equipment. <1)... 62:212-20 2 2. $15, 223, 206. 57 |

 

| Caritas COC kai ses ee eet se cree eye ee eae eee ies $7, 000, 000. 00
Improvement and construction accounts..-...-..-.-.------------------- 273, 589.97 || Capital liabilities:
Floating equipment: i Due to United States Government— .
Steamers Allianca, Finance, and Advance. $631, 064. 73 : For cash appropriated through Isthmian Canal
Add: Commission for new equipment and improve-
Cost of rebuilding steam- |. TOTES koe aes tacts eee eo ears $2, 234, 046. 74
ship Allianca to date.... $373, 858. 62 For cash appropriated under the act of Congress,
Less replacement fund to : | approved March 4, 1907, ‘‘to pay the 4% per cent
PALO LOD Gee cee ee 15, 580. 46 first mortgage bonds of the Panama Railroad
—————— 358, 278. 16 Company October, 190 (ins. 4. eee ee 2,148, 217. 50
————— $989,342. 89 | ——_—————._ 4, 882, 264. 24
RE US Sr any Oe PEM TELSe setts ap eee eis cepene emia a areierccs . 290,943. 80 ee
. eee ae 00 Uda Total capital stock and capital liabilities.................... 11, 382, 264. 24
Ree eee a Oe cent: cold-sinkine tumd:subsidiysbONdS,¢- 2s ee ae ee 135, 000. 00
Total cost. of property -.-.-. SF SR Ble ee ns, nutes sae a aera 16, 777, 183. 23 || Bonds drawn for redemption not presented for payment:
Bonds in Treasury: Giper COM SUMSIC VaCONGGi anes t a5e es ea, as 4,000. 00

Thirty-six 6 per cent Panama Railroad Company sinking fund sub- | Fund for redemption of bonds:

SiGiys DONC Sixeecoits tem ee ee ena k Stirs ee ere cree Cac tetatere's elie 36, 000. 00 |! 6 per cent subsidy bonds......- Se geri Pee aS Renee apa tS ee OPE HELENS 133, 350. 00
On deposit with financial agents for redemption of bonds: | Fund for repayment of loan from United States Government for redemp-

6 per cent Panama Railroad Company sinking fund subsidy bonds.. 4,092. 20 L1ONs OlsITSGAMONUCATC DONG sce he oe ne eee ees 91, 666. 66
Advance of subsidy to Republic of Colombia... 8... 2.2... 2-2... 2... 135, 000. 00 || Equipment and plant-replacement funds.....-.2-.:..-.2.2..22--2-2.--- 343, 076. 88
Current assets: | Current liabilities:

@ashein: banks andsawith:acemise sce coe ee b1, 033, 268. 61 Hi Due te United States Government—

Coalkand supplies onshands 2a ao eae cans 1, 551, 770. 40 i Concessionary subsidy accrued....-...- $67, 500. 00

Due from: Connecting: CoOmMpaMless-——. - <s.22 2 ss 289, 377.97 | 4 t\ Interest accrued on loan for redemption

- Due from United States Government— | OL first.mortgage bonds<c:2nc=. 2-22. 18, 426. 36
Isthmian Canal Commission........... $650, £00. 00 : —---— $20, 926. 36
Post-Office Department..............- 62, 8€9. 90 | TSUMMUUS Ora tis nO GpLesemteC 2 oe eee es 1, 008, 351. 83
Navy De parument 2. 265. ee 118. 86 i Coupons not presented.....-. Pe ee Sa Minne 150. 00
———_———— 713,288.76 | Accrued interest on bonds— ~

Due from companies and individuals............ Soe 100, 520. 21 Goer Gent StDSidy.SONdSEe = ae eee es 1, 350. 00

MISGEllaNCOUS ACCOUNGe te ser se ea 784, 826. 34 | Audited vouchers.and pay TOUS. oo. Sse aoe a 788, 996. 38

Unearned insurance and charter of steamers..........- 700. 00 DME TO;CODNECUING TMCS: serene ee eae ees 22, 9&0. 14

General average disbursements 222 222 2. sa ao 15, 472. 65 i Miscellaneous 2CCOUNISsoio5s ee ee a 42,273. 80

————_——— 4, 489,024.94 i Wim Paid: Wakes is se me es ee eee ei 7, 763. 33
lie aR ; ee 952, 7912 34
OL 301 300) 47 balanee to-cregit, ol profit and: loss:<-. <0 oe ee 7, 349, 151. 35

{

| 21, 391, 600. 47

 

 

- a@Qne hundred and thirty-five 6 per cent gold sinking fund subsidy bonds of $1,000 each, amounting to $135,000, issued November 1, 18&0, fall due November 1, 1910.

To meet this bonded indebtedness, $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.

GS

“ANVdWIOD GVOHTVY VAVNVd WHOL HO LAOdaa