THE CUBA REVIEW 



27 



No. 5. 



BALANCE SHEET, as at June 30, 1916. 



£ s. d. 



To Capital .Acct. (as per Statement N(i. 2). . ^ 6,226,210 3 7 



To Premiums on Capital Ksued in |{eserve. . . . 36,i)07 1 6 



*To Sundry Creditors and ( 'ridit lialaiiees.... 729.180 1 



To Sundry DelienturcHoldens for Interest... 12.5..585 8 6 



To Sundry Ordinary and Prcf. Stocl<holders. 'f-< 



for Dividends." 74,298 17 3 



To Reserve Account 700,(100 



To General Renewals Reserve 222,1.^7 1 5 4 



To Insurance Account 30,000 



To Pension Account 34.7(;2 2 8 



To Loan against Security 214,461 19 



To Net Revenue Account Balance (a.s per 



Statement No. 4) 62,5,469 3 5 



*There is a contingent liability in respect 

 of the guarantee of .£(100, 00(1 Five per cent. 

 10 year bond.s of the American Cuban 

 Estates Corporation. 



£9,019,068 11 10 



£ 8. d. 



By First Mortgage y{ i50-year gold bonds 

 and Common Capital Stock of tlic Havana 

 Central Railroad ( 'ompaiiy aciiuircd by an 

 issue of tliisCompaiiy's 4' , Dehciilurcs and 

 Deferred Ordinary Stock, at par. Held by 

 Trustees for 4'; Debentures as Security). . 1,776.211 18 9 



By Discount on issue of Debentures 4,P43 15 



By Commissions on Sales of Debentures and 

 Stock 149,100 II 



By Expenses of the Western Railway of Hav- 

 ana, Ltd., Exchange Operation, in accord- 

 ance with terms of Plan sul mitted to Ex- 

 traordinary General Meeting held Nov. 22, 

 1911 21,.3.S4 7 



By P>xpenses of Havana Central Exchange Op- 

 eration in accordance with terms of Plan 

 submitted to Extraordinary General Meet- 

 ings held July 11 and 26, 1907 24,9.59 7 II 



By Expenses of Cuban Central Railways, Ltd., 

 Exchange Operations, in accordance with 

 terms of Plan submitted to Extraordinary 

 GeneralMectingheldDec. 9, 1913 ._ 49,730 8 3 



By Investments at Cost, including £296,785 

 88. id Deferred Ordinary Stock of this Com- 

 pany held bv the Trustees for the o'l Irred. 

 Debenture Stock (1906) 5,4S3,591 11 8 



By Stock of Stores and Materials in hand and 



"in transit 207,473 12 5 



Bv Sundry Debtors and Debit Balances 380,983 17 



By Moneys on Deposit with Bank '■l'^!;'^'^'! " ^ 



By Cash in Havana and London 377,425 111 



By Moneys on Loan 113,264 U 3 



£9,019,068 11 10 



B. 



COMPARATIVE ABSTRACTS OF EXPENDITURE ACCOUNTS. 



Locomotive Maintenance. 



Superintenelence 



Salaries 



General Expenses 



Wages 



Materials 



Workshop Exp. (Proportion of) . 

 Contributions for Special Works 



Total , 



Year ended June 30, 1915. 



£ «. d. 



5,337 12 2 



498 10 1 



5,836 2 3 



35,743 2 11 



15,775 19 2 



10,613 16 10 



8,482 8 5 



£76,451 9 7 



% 



.35 

 2.11 

 .93 

 .63 

 .50 



4.52 



Year ended June 30, 1916. 



£ s 



5,614 



495 



d 

 2 1 

 1 11 



C. 



Coaching Stock Maintenance. 



