THE CUBA It I : V I i : w ^ 



Deferred Debit Items: 



Expendit ures on account of Revolutionary I damages. . . $532, 158.99 



Bond and Note Discounl 283,878.90 



Insurance Premiums paid in advance 16,392.00 832,729.89 



$59,927,119.60 



LIABILITIES 

 Capital Stock : 



Preferred Shares $10,000, .00 



Common Shares 15,800,000.00 $25,800,000.00 



Bonded Debt: 



First Mortgage Bonds, due July 1, 1952 $13,170,000.00 



Improvement and Equipment Bonds, due May I, 1960. . 1,000,000.00 



Two- Year 6% Secured -Gold Notes 2,000,000.00 19,17< >,0I «).00 



Equipment Certificates : 



Equipment Trust of 1914 s i:;:i,(n u.iin 



Equipment Trust of 1915 330,000.00 



Equipment Trust of December, 1915 520,000.00 



Equipment Trust of 1916 1,462,000.00 2,7 I2.u00.00 



Current Liabilities : 



Accounts and Wages Payable $657,876.80 



Traffic Balances 3,412.01 



Interest on Funded Debt— due July 1, 1919 329,250.00 



Interest on Funded Debt — matured but unclaimed... 239,684.34 



Interest on Funded Debt — accrued 77,891.65 



Accrued Interest on Scrip Dividend Warrants 24.000.00 



Accrued Taxes 498,< 126.88 1 ,830,141.68 



Deferred Credit Items : 



Credits for Traffic Services rendered during revolution 



but not yet adiusted $307,382.40 



Miscellaneous Deferred Items 4,822.8 I :;1 2,205.33 



Reserve for Loss and Damage Claim s 01,198.24 



Reserve for Depreciation of Property 1 .'•»•".'''. I7r>.23 



Reserve for Dividend Preferred Stock, payable Aug. 1, 1919 300,000.00 



Republic of Cuba, advances against services to be rendered 1,673,953.38 



Profit and Loss Surplus 5,501,145.74 



Scrip Dividend Warrants : 



Pavable Feb. 1, 1921 $300,01 IO.I X I 



Payable Aug. 1, 1921 300,000.00 600,000.00 



Profit and Loss Surplus 5,501, 14."). 74 



$59,927,119.60 



PROFIT AND LOSS ACCOUNT YEAR ENDED JUNE 30TH, 1919 



Balance from June 30, 1918 $4,005,309.86 



Fourth Instalment of Subsidy on Account of Construction of the Trini- 

 dad Line from Placetas to Fomento 54,000.00 



First Instalment of Subsidy on Account of Construction of Trinidad 



Line from Fomento to Casilda 9S.992.00 



Refund of Income Taxes Erroneously Collected for Year 1916 1."..<;S5.14 



Net Income for Year Ended June 30, 1919 2.197,319.96 



Less : $0,369,306.96 



Loss on Storehouse and Contents Destroyed by Fire 



April 25, 1019 $25,120.22 



Additional Depreciation on Ties and Bridges 03.032.00 



Adjustment of Reserve for Taxes 180,000.00 



Dividends on Preferred Stock: 



No. 20 paid Feb. 1, 1919 $300,000 



No. 21 pavable Aug. 1, 1919 300,000 600,000.00 



868,161.22 



Surplus June 30. 1919 $5,501,145.74 



