■2S 



THE CUBA REVIEW 



Income Account for Years Ending June 30. 

 1916-17 



-1915-16- 



Gross. Net. Gross. Net. 



Sugar, molasses, etc $3,718,803 $,962,876 $6,895,465 $3,140,784 



Xand department (town lots, etc.) 66,426 40,214 88,500 55,841 



Total $3,785,229 $1,003,090 $6,983,965 $3,196,625 



T)ividend received on Cuba RR. stock 60 720,060 



Miscellaneous interest 29,125 35,747 



Total net revenue 



Interest on debenture bonds, etc. 

 General expenses 



,032,275 $3,952,432 



240,000 240,000 



161,429 70,149 



Balance $630,845 $3,642,283 



Previous surplus 6,925,570 5,865,427 



Increased valuation of Cuba RR. common stock. . . .Cr. 5,000,000 



Total $12,556,415 $9,507,710 



Adjustments 9,733 7,139 



Preferred dividends (7%) 175,000 175,000 



Ordinary dividends (20%) 1,600,00 (30) 2,400,000 



Total surplus June 30. 



$10,771,682 $6,925,570 



Note.— The ordinary dividends aggregating $1,600,000 (20%) in 1916-17, includes 10% 

 •paid September 30, 1916, and 10% paid November 1, 1916. 



General Balance Sheet for Year Ending June 30. 



1917 



1916 



Assets: $ $ 



•Cuba RR. pref. stk. 1,000 1,000 



•Cuba RR. com. stock. 15,550,000 10,000,000 



Jatibonico mill, etc... *2,906,539 *2,756,506 



.Japabo mill, etc *4,134,219 *3,675,921 



Van Home plant *250,547 *93,675 



Land & town sites .... *531 ,151 *407,387 



Caban, sawmill 17,933 



Livestock 123,287 119,695 



Material and supplies. 268,373 220,922 



Office furniture 4,232 4,232 



Oasitas Branch Ry 52,170 



Cash on hand 387,552 2,365,150 



The Cuba RR 324,925 



Individuals and cos... 246,462 155,796 



Timber, etc 9,347 



Sugar and molasses... 2,088,904 2,349,129 



Exp's (new crop) 122,461 140,812 



Com. div. Cuba RR., 



due Nov, 1 360,000 



Equip, material in sus- 

 pense 188,012 



Deferred items 120,758 



Total 26,923,497 23,054,599 



*Va!ued at cost. 



1917 



Liabilities : $ 



Ordinary stock 8,000,000 



Preferred stock 2,500,000 



Debenture bonds 4,000,000 



Loans pay. (since paid) 850,000 



Accts. and wages pay. 392,577 

 Coupons due but not 



presented 5,040 



Int. on deb. bonds due 



July 1st 201,000 



Int. on loan acc'd. . . . 20,385 

 Ordinary dividends 



July i 



Pref. div. Aug. 1 87,500 



Replantmg of cane 



field reserves 176,313 



Profit and loss 10,771,682 



1916 



$ 



8,000,000 



2,500,000 



4,000,000 



488,292 



3,780 



120,000 



800,000 

 87,500 



129,458 

 6,925,570 



(-.1 



Total 26.923,497 23,054,599 



