Dip) PANAMA RAIL ROAD COMPANY.

QTATEMENT oF PANAMA Ratt Roap LEASES AND LICENSES IN EFFECT
JuLy 1, 1920.

LEASES. Lots. | RENTAL.
LOcATION
1919. 1920. 1919. 1920. 1919. 1920.
Colones a oe Fs 823 853 830 878 $82,282 28 $96,309 40
OX GRIVOTs Ate okes ocok eh es 52 52 54 54 2,926 40 2,926 40
Staple Lots. Colon.:........ 8 a 11 — 534 00 —
Las Esplanadas............ 103 103 122 122 3,987 00 3,987 00
Guachapali Ei Bee Cece sot eee 153 153 194 194 8,378 93 8,378 93
= ‘Santa Cruzin. sees 89 © 89 107% 107 4,001 28 -4,001 28
Panama Yard, including Png.
lish Wharf and Bulkhead. 17 18 291%)|> £30 5,368 00 5,392 00
JUAN PONCE. tees Se 1 1 1 1 60 00 60 00
Total for Leases........ 1,246 1,269 1,349 1,386 $107,537 89 $121,055 01
- LICENSES AND Lots. RENTAL.
PERMISSIONS.
LOCATION. SOL
m 1919. 1920. 1919.. 1920. 1919, 1920.
Miscellaneous, (Colon)...... Sele 3 — — ; $114 00 $114 00
Buildings, Rooms and Stores, :
ColonCristobal... 24:2... 24 25 — — 21,180 00 21,302 04
Cristobale. ee ee 6 |. — 8 — 1,505 52 —
-—. News‘Agency.......:.. ees 1 ed — 1,560 00 480 00
. Huerta-Sandoval...,....... 2 — 2 a 360 00 moe
Miscellaneous, (Panama) .... 1 1 1 1 1 00 1 00
Jawalloshill.< 58-3 ee 2 SEs 2 3 120 00 168 00
Room in P. R. R. Station,
iy Balboa tteights: ire... 1 1 —_ — 120 00 ~120 00 -
P. R. R. Buildings, Huerta- :
Sandoval «pract.\.. 282 ee: oo 1

a eee cas 900 00

Total for Licenses and Per- :
MMISSIONS 4. cacecs se ee 40 35 13 \ 4 $24,960 52 | $23,085 04

Grand Total for All Leases, |
_ Licenses and Permissions.| 1,286 1,304 1,362 1,390 $132,498 41 $144,140 05

*Covers lot sites in Cristobal leased to Sas te companies for which rontg is collected for account
of Panama Canal:

GENERAL.

_ The interest on money deposited with Isthmian banks during the
fiscal year was $10,998.93 as compared with $6,827.61 last year.

The net revenue from all operations amounted to $1,317,368.18 from
which was deducted the Rail Road’s proportion of income tax and capital
stock tax paid by New York offices amounting to $125,725.36, interest
on indebtedness to United States Government amounting to $102, 170.04
-and $20,000.00 set up as accrued depreciation for Hotel Washington,
leaving a net income of $1,069,472.78 against $1,402,701.16 last year.

_A reclassification of Isthmus assets was made showing in a more>

complete detail the principal item of property with the depreciation
reserves set up to date to correspond. A revised classification of operating
accounts was also issued in pamphlet form and distributed to all concerned.