THE CUBA REVIEW 27 



Insurance Unexpired, etc 21,969.93 



Sundry Accounts Receivable and Advances to Colonos 711,697.3] 



Liberty Bonds $415,000.00 



Less — Bank Loans there against.... 300,000.00 



55,000.00 

 Cash in Banks and on Hand (New York and Cuba).. 09,301.87 



2,278,921.06 



$7,041,157.51 



LIABILITIES 

 Capital Stock: 



Authorized— 00,000 shares of $50 each $3,000,000.00 



Issued and Outstanding— 60,000 shares of $50 each $3,000,000.00 



Current Liabilities : 



Bills Payable and Sight Drafts $202,000.00 



Accounts Payable 144,299.77 



Provisions for Taxes and Contingencies 201,000.00 



007,299.77 



Unexpended Funds : 



For 1918 Dead Season Current Repairs and Main- 

 tenance $45,000.00 



For Depreciation and Extraordinary Repairs 810,777.36 



For Depreciation of Live Stock 82,584.36 



For Replanting 250,539.25 



Surplus: 1,188.900.97 



Balance at September 30th, 1917 



Add : $2,544,084.60 

 Profit on Operations for the Year as per account 



annexed 540,872.17 



$3,084,956.77 

 Deduct : 



Dividends 300,000.00 



f 2,784,956.77 



$7,641,157.51 



PROFIT AND LOSS ACCOUNT 



For the Year Ending September 30, 191S 



Gross Sugar Sales, less Sea Freight, Commissions, etc $4,334,093.75 



Molasses Sales 99,879.02 



$4,433,972.77 

 Deduct : 



Producing and Manufacturing Costs and Shipping Expenses, in- 

 cluding New York and Guantanamo Office Expenses 3,499,923.05 



Profit on Operations, before providing for Depreciation 



of Mills and Equipment or for Replanting of Cane.. $934,049.72 

 Add: 



Interest (net) $KS,097.70 



Rents (net) 39.509.S2 



Miscellaneous (net) 14.970. 7." 



$142.5^4.33 



Less : 



Loss on Sugar and Molasses carried over from 



Se] Member 30th. 1917 (net) 14,120.59 



128,463.74 

 $1,062,513.46 



