42

Mr.

KE. A. Drake,
Vice President Panama Railroad Co., New York, N. Y.

REPORT OF THE PANAMA RAILROAD COMPANY.

PANAMA RAILROAD Co.,
ACCOUNTING DEPARTMENT,
New York, N. Y., October 24, 1912.

DEAR Str: I herewith submit exhibits of income account, general balance sheet, and
tables showing results of operations for the fiscal year ending June 30, 1912, as follows:

Exuisitr A.
Exuisir B.

Income account and profit and loss account.

General balance sheet.

Exursir B-1. Investment securities owned.
Exuipit C. Revenue and expenses.

Exnutisir D.
Exuisit BH.

Operating expenses of railroad.
Operating expenses of steamship line—regular line.

Exuipit E-1. Operating expenses of steamship line—Philadelphia service.

ExXuisirt F.
EXHIBIT G.
Exutisit H.

Expenditures for additions and betterments.
Equipment and plant replacement accounts.
Classified railroad revenue, tonnage and passenger, Colon to Panama,

and Panama to Colon.
Exuisit I. Railroad freight statistics.
Exuipir J. Railroad passenger statistics.

Exutsir K.
Exursit L.
 Exurisit M.
Exuipir-N.
Exuisit O.
_Exutsir P:
EXxHisit Q.
Exuisir R-
Exutsit §S.

Railroad general statistics.

Railroad freight tonnage handled.

Steamship line statistics.

Locomotive and car equipment.

Floating equipment.

Chart showing organization.

Chart showing comparative ton miles, Isthmian expenses and pay rolls.
Chart showing total revenue received.

Chart showing revenue received from freight handled.

Exuisir T. Chart showing tons of freight handled.

Exuipit U. Chart showing operating expenses by departments.

In December next the following tables, showing the results of operations for the four
months ending October 31, 1912, will be prepared and published as a supplement to
this annual report, viz:

Exuisit V. Income account and profit and loss account.

Exursirt W. General balance sheet. :

Exuipir X. Revenue and expenses.

Exursit Y. Classified railroad revenue, tonnage and passenger, Colon to Panama,
and Panama to Colon.

Exuipir Z. Steamship line statistics.

Yours, respectfully, VM. Newton, Auditor.

Exurpit A.—Income account and profit and loss account for the year ending June 30, 1912.

Railroad: INCOME ACCOUNT.

Grossireventiolrom Operations 2.5 ns 25 eee ee ee ee oe re i $4, 677, 365. 76
Operating expenses <.:sse~7 cea sacs ss So Bee ee os cee eels 2, 680, 084. 96
Net revenue from operation $1, 997, 280. 86
Steamship line:
Gross Tevenucdrom-OpeCrabiONs< 2. gis. Cee ene ue eee ais sre ce are
Operating OxPenSese wees cea kee es Sevnacesa aaa ssi sleiens weirs ic Salers

were men eee we ee tee eee eee HK HHH HH

1, 996, 299. 08
2, 302, 041. 93

305, 742. 85
1, 601, 587. 95

ING HGEHCIUITOMMOpOratiON ss < a scat nrc oe ies os oie seus cine epemis cstta etiaae
* Total net revenue from operation...........- Eon eee ee ae a

 

 

Addeincome irom-interest. and, OxChan ees. <2 5a. voces ck yo eee ee Suet cinis oe ban see ears 110, 465. 39
| 1, 802, 003. 34
Wessirentalotdocksat Isthmus. 222 weiss ns oe eee ee ie ee eee 21, 697. 20
Wnited States Government Income taxs: 2.2.5.2. e. se oa eo wt as 18, 256. 92
eee ee 39, 954. 12
: Notancome:tor: 12-mOonthss sec 2 seo so see oe eee PE ate ier ett Sian ecsnisie a nines 's 1,762, 049. 22
: : PROFIT AND LOSS ACCOUNT. SSS
By, balance to:credit of profit and loss; June 30, 1911... - 0250: ee $11, 957, 806. 27
Surplus from income account for year ending June 30, 1912. -..... mote teed. 2 Glee aioe reat 1,762, 049, 22
AG\USUMeNtS in.suNndry accounts; el@.--2..- 1. 2. see eth Se Os reat ae koe oN tiaras 2,323.76
Less: = 18,722,179. 25
Epona: for improvement and construction written off, account
abandonment or destruction of property ....:...-:..-.-...<-.--.--+-.-- $73, 950.27
AGjuSstmMents in: sundry accounts; ClCs..- 5.22 ss so eee Decal 22, 163. 28
; 96, 113. 55
By balance to.eredit of profit-and loss, June 30, 1912.-............2...20.-20.-n eee ee 13, 626, 065. 70