REPORT OF THE PANAMA RAILROAD COMPANY. AT

SUPPLEMENTAL REPORT SHOWING THE RESULTS OF THE COMPANY’S
OPERATIONS FROM JULY 1, 1908, TO OCTOBER 31, 1908.

[Presentediin compliance with resolution‘of the,board-of directors adopted at its meeting of December 2,
1908.] pBie Bieta

Exuripir P.—Income account.and profit and loss account for four months ending October

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INCOME ACCOUNT.

 

Railroad: :
GPOSS Carmings-from Operation ee ee ee ee ei aie ae $1, 312, 552. 19
@perabin ge xpensesiee ss seek ee Re ie ct ates vals Serie reg erases 791,951. 82
Netearnings from operation <2 4. ue ome een a eeu ee ene sou ae $520, 600. 37
Steamship line:
Gross earnings fromeOperaviOne a ij28 eee oe era eee eerie: 486, 214. 96
© PeratiN ese SPENSCS ee ese ee erry eae rt shen rea) ee a Sn 486, 693. 51
Net loss from Operation ee Fe See Cry See is ay crey at reee 478. 55
520, 121. 82
A dd income strom iMmterest: and exCMam oe. es es see ere ear i ce oes 5, 098. 05
525, 219. 87
Less: :
Concessionary subsidy to United States Government under treaty..--..... 83, 333. 33
Interest on loan from United States Government for redemption of first
TMOLLSASC DONS tee se ee ere ee eye eae ee Spee eit ers 17, 276. 81
Fund for repayment of loan from United States Government for redemption
Of MIYSt mM OLtPAse DONS ese ee ee ee eee ea aa ns eee eee $38, 00004
INberest Om 1OaMSes eee ee ee oe es aoe et eee seein 30, 031. 45
Rental of docks andsimachine Shopsec i: =a. ak oe eee ee ey a 8, 290. 55
——————— 172;265. 48
Net income forfour months 22362 jee ee ee CSc a et eae eet 352, 954. 39
_ PROFIT AND LOSS ACCOUNT.
By balance to credit of profit and loss June 30, 1908...................... Ne ine ears 7, 349, 151. 35
Surplus from income account for four months ending October 81, 1908....................... 352, 954. 39
Amount paid on account of loan from United States Government ‘‘to pay the 44 per cent first
mortgage bonds of the Panama Railroad Company, October 1, 1907”...................... 100, 000. 00
By balance to credit of profit and loss October 31, 1908......- EES ge Uae ait ee Accen nan yee 7, 802, 105. 74