PANAMA RAIL ROAD COMPANY


17


 EXHIBIT A STATEMENT OF INCOME AND PROFIT AND Loss ACCOUNT FOR THE FISCAL YEAR ENDED JUNE 30, 1933 INCOME ACCOUNT


NET OPERATING REVENUE:
 Railroad-Table No. 6..............................
 Harbor Terminals-Table No. 7.......................
 Steamship Line-Table No. 8.........................
 Coal Plants-Table No. 9............................
 Real Estate-Table No. 10............................
 Commissary-Table No. 11..........................
 Cattle Industry-Table No. 13.......................
 Dairy Farm-Table No. 14 ..........................
 Plantations-Table No. 15...........................
 Hotel Tivoli-Table No. 16...........................
 Hotel Washington-Table No. 17......................
 Telephone and Electric Clock-Table No. 18............
 Stables-Table. No. 19...............................
 Baggage Transfer-Table No. 20.....................
 Miscellaneous......................................

 Total Net Operating Revenue ....................

INCOME CREDITS:
 Interest and Exchange-Table No. 21 .................

GaOSS INCOME FOR FISCAL YEAR:

INCOME CHARGES:
 Contribution to Pension Fund:.......................

NET INCOME FOE THE FISCAL YEAR-Table No. 2............


$123,924 62 357,451 86 (320,484 65) (70,777 95) 159,000 89 224,876 58
 4,056 46 12,419 62 1,053 49 (60,518 92) (43,368 12) 56,278 97 1,087 18 (736 68) 397 10


Denotes a deficit.

 PROFIT AND LOSS ACCOUNT


CREDITS :
 Net Income for Fiscal Year ended June 30, 1933, as above.
 Profit from sale of Securities ........................
 Total Credits...................................

CHARGES:
 Writing off track removals ..........................
 Writing off capital value of barge No. 87, constructed in
 1910, transferred to Panama Canal for use as garbage and landing barge. No longer serviceable for general use
 Injury claim applicable to prior period................
 Adjustment of freight revenue, prior periods...........
 Adjustment of inventories ..-............
 Miscellaneous items................................

 Total Charges..................................

GROSS SURPLUS FOR YEAR ENDED JUNE 30, 1933 .............

LESS:
 Special dividend declared so as to make the total dividend
 payment $2,800,000.00 instead of the proceeds of sale of $2,800,000.00 par value U. S. Government bonds ... NET SURPLUS FOR YEAR ENDED JUNE 30, 1933..............

SURPLUS AT JULY 1, 1932...............................

TOTAL SURPLUS, JUNE 30, 1933............................


$4,790 00


10,561 25 1,000 00 4,724 05 3,640 52 1,162 00


$444,660 45 467,780 81 912,441 26 23,211 13 $889,230 13


 $889,230 13
 11,109 47

 900,339 60












 25,877 82 874,461 78




 5,281 25

 869,180 53 35,756,725 66

$36,625,906 19