THE CUBA REVIEW 



25 



6% Cumulative Preferred: 

 210,000 shares, par value $100 each, fully paid and non-assassable $21,000,000.00 



Less: Held in treasury: 

 215.23 shares, par value $100 each 21,52.3.00 



Funded Debt: 

 Consolidated mortgage 5% gold bonds of Havana Electric Railway Co., dated 



February l,1902,duc February 1,1952 $9,088,111.09 



Less: In Trea.sury 523,429.98 



6% general consolidated obligations of Compania de Gas y Elcctricidad de la 

 Habana, called for redemption on June 15, 1917 



Fifty-year (>' c mtge. bonds of Compania de Gas y Electricidad de la Habana, 1904 



Thirtv-seven-yoar 5% English mortgage bonds of Compania de Gas y Elec- 

 tricidad de la Habana 1906 (£126,200) 



General mortgage 5% sinking fund goldbonds, dated September 1, 1914, due 

 September 1 , 1954 : $6,660,000.00 



$8,504,681.11 



148,900.00 

 3,998,000.00 



009,966.68 



Le9s: 



Deposited with Government of Cuba $52,000.00 



In treasury 763,000.00 



Current Liabilities : 



Accounts payable 



Di\-idends and interest due but unpaid 



Accrued interest on bonds 



815.000.00 5,845,000.00 



$280,798.24 



88,701.66 



295,500.15 



Deferred Liabilities: 



Consumers' deposits 



Other deposits 



Sundry accruals for taxes, etc 



Capital stock of Havana Electric Ry. Co., outstanding: to be exchanged for 

 capital stock of Havana Electric Ry., Light & Power Co 



Capital stock of Compania de Gas y Electricidad de la Habana, outstanding: to 

 be exchanged for capital stock of Havana Electric Railway, Light & Power Co . 



$307,499.26 



89,124.48 



326,468.93 



$16,235.00 

 2,547.74 



Less: Capital stock of the Havana Electric Railway, Light & Power Co., held 



in reserve in respect of above 



Special reserve 



$18,782.74 

 18,782.74 



Corporate Surplus: 



Profit and loss account — Credit balance as per statement attached hereto 



Funded debt retired through income and surplus: 



Consolidated mtge 5% gold bonds of Havana Electric Ry. Co. . $373,000.00 

 Thirty-seven year 5% English mtge. bonds of Compania de Gas 



y Electricidad de la Habana 115,033.32 



Sinking fund reserve. 



Reserve for depreciation 



$2,270,290.19 



488,033.32 

 111,505,33 

 223,000.00 



20,978,477.00 

 $35,926,883.00 



19,166,.547.79 



665,060.05 



723,092.67 



521,943.49 



3,092,828.84 

 $60,096,355.84 



CONDENSED PROFIT AND LOSS ACCOUNT FOR THE ^^EAR 

 ENDED DECEMBER 31, 1917 



Gross earnings from operation . 

 Operating expenses 



Deduct: 

 Taxes, U. S. A. . 

 Taxes, Cuba... . 

 Trigo Annuities. 

 Interest 



Deduct : 



Special charge in connection with the redemption of 6% 

 general consolidated obligations of the Compania de Gas 

 y Electricidad de la Habana 



Reserve for depreciation 



Add — Miscellaneous Income: 



Interest on deposits 



Rents 



Other miscellaneous income 



Railway 



Department 



$3,717,991.59 



1,908,517.58 



$102,997.20 



18,000.00 



3,338.12 



566,268.15 



$690,603.47 



66,050.00 

 $66,050.00 



Light & Power 



Department 



$3,271,607.74 



1,164,615.99 



$101,3.50.94 

 86,650.00 



.572,355.15 

 $760,356.09 



$63,843.94 

 81,950.00 



$145,793.94 



Total 

 $6,989,599.33 

 3,073,133.57 



$1,809,474.01 $2,106,991.75 $3,916,465.76 



$204,348.14 



104,650.00 



3,338.12 



1,138,623.30 



$1,450,959.56 



$1,118,870.54 $1,346,635.66 $2,465,506.20 



$63,843.94 

 148,000.00 



$211,843.94 



$1,052,820.54 $1,200,841.72 $2,253,662.26 



$60,618.43 



26,662.42 



62,473.85 



$149,754.70 



