PANAMA RAIL ROAD COMPANY 35 TABLE No. 14 DAIRY FARM OPERATIONS-REVENUE, EXPENSES, PROFIT AND LOSS FOR THE FISCAL YEARS ENDED JUNE 30, 1933 AND 1932, AND COMPARISON REVENUE: Milk an4q Cream.................... Live Stock........................ Hides and Other Products.......... Total Revenue.............. EXPENSES: General .. . .;. . . Pasture Operations................. Milking and Refrigerating........... Total Expenses.............. 1933 $120,769 18 4,980 82 56 31 $125,806 31 $25,817 32 5,326 00 76,388 33 $107,531 65 1932 $135,340 60 1,228 99 243 08 $136,812 6.7 $35,439 75 5,988 46 81,965 18 $123,393 39 DECREASE $14,571 42 (3.751 83) 186 77 $11.006 36 $9,622 43 662 46 5,576 85 $15,861 74 PROFIT AND LOSS DEBITS: Cattle on Hand at Beginning of Year.. Cattle Purchased During the Year ... Calves Born During the Year........... Adjustments.... Transfers During the Y ear........ Operating Expenses for the Y:ear. Total Dehits.................... CREDITS: Sales of Cattle During the Year......... Sales of Milk and Cream............... Sale of Miscellaneous Products.......... Transfers Duririg the Year............ Deaths During~ the Year.... ............ Cattle on Hand at Close of the Year. Total Credits................... Less Total Dehits............... Net Profit f or the Year... 1933 HEAD AMOUNT 675 $54,000 00 103 9,300 04 82 - 107,531 65 860 $170,831 69 95 $4,980 82 120,769 18 -56 31 14 1,120 00 751 56,325 00 860 $183,251 31 860 170,831 69 $12,419 62 Denotes an Increase. HEAD 634 79 713 22 16 675 713 713 1932 AMOUNT $50,720 00 123,393 39 $174,113 39 $1,228 99 135,340 60 243 08 1,280 00 54,000 00 $192,092 67 174,113 39 $17,979 28