36 PANAMA RAIL ROAD COMPANY.

EXHIBIT A.

Income AccouUNT AND PRoFIT AND Loss ACCOUNT FOR THE YEAR ENDING

JUNE 30, 1919.

 

 

. , INCOME ACCOUNT
Raitt Roap—
GrosseRevenue trom: Operations sani. a5 ce sce he ee $5,039,528 58

Operating HIXpPeNnsesi cess is oa hisses soca ie everoig evs ceo att 4,551,668 45

Net Revenue from OPCTAtION a ei ee ese i ees

STEAMSHIP— :
Gross Revenue from Operation... 0... se ee. et oe $9,835,184 68
OperatingePXPENSeS: ee He cio ssc oe cons Helos sere src cores wou 6,709,372 44

Net Revenue from Operation SDE he EEN A a eee ae

otal Net Revenue from: Operation: 6. 125 503...%....-5

App INCOME FROM—

Imterestrand Pxchange. 8 8 Pe ies oss cars Uae he $201,536 17
WPVGTUG AS eer ee ecek ae RNa Sloe Soave ale Guo Nicm eee one oe: G6) Ge CUMS e woe ese 104,081 05
Resmi@ommissary Operavions.... fi... 2. oes aes s. 267,282 O7
Mesults Coal Operations. - ey ts .'. cic Ge ciety ois ois Sulcle rewver a he roe 810,379 83
AEs @attle Omeravions:... vtec 6s hee ces SMe be wis ke 336,865 58
ResulisHor @peraulONs sic ssc. Veet cue eed o eoecs soe f snerers hos cesereeers 26,472 35
Miscellaneous @perations s. 5 2465 So i ties es ccs ee 11,922 24
Lrss—
Result: Coultry-barm Operations... oii... 5. cede ek $33,747 O09
Result Dairy Warm Operations... ..2 23. .st ae ot cee es 42,381-90
Rental of Terminals and Terminal Offices................... 181,440 69
United States Government Income and Profit Tax............ 1,159,051 18
United States Government Capital Stock Tax................ 6,715 00
Interest on Indebtedness to United States Government........ 102,170 .03
Net Income for Lwelve Monthsa. 3... 2s. os gee oo. :

ProFrit. AND Loss ACCOUNT

By, Balance to Credit of Pront and=Woss June 30,1918...) 0 ee ss
Surplus from Income Account for Year Ending June 30, 1919................
Amount included in Monthly Lump Sum Payments by Army to Cover Loss in

Operation West Side Trains for Previous Fiscal Period..................
Profit tromesales:Commissany Uldings.). 266.5 he ee i aoe oe:
Premium on Investment Securities Redeemed......... BE Aer An rune Miia eater
AMdiusoment in sundry ACCOUNtS..50 nse a, Cae es ates ee lace

Lrss—
Accrued Interest on Demand Notes of Panama Rail Road in
favor of United States Government held by Treasury De-

DAEMON a kiget sesh. cs tnd ht eRe sane ie hu coe eeos TRE Me eet $777,826 51
Over-estimation Inventory Cost of Coal on Hand June 30, 1918,

resulting in Over Statement Coal Profit................. 223,951 87
Balance of Account California Atlantic Steamship Company

not CollectiblezAccount BanknitptGy..4....0.25.. 0.504. 154,383 89
Loss on Property written out of Capital Account by Reason of

Salesand Abandonment 470. eo 48,014 33
Cost of Repairs to Steamers Effected in Prior Fiscal Period .... 6,470 33
Over-statement Interest for Prior Fiscal Year Adjusted....... 1,500 00

Miscellaneous: Ltems ats sic sae eo ees Degen 1,404 61
By Balance to Credit of Profit and Loss June 30, 1919......................

$487,860 13

3,125,812 24

$3,613,672 37

1,758,539 29
$5,372,211 66

$1,525,505,89
$3,846,705 77

 

$24,199,690 69
3,846,705 77

39,608" 38
1,133} 25

$28,087,231 70

1,213,551 54

$26,873,680 16