2-t 



THE CUBA REVIEW 



Deduct: »o- - 



Proportion of Defaried Debits chargeable to Year $35 <47.32 



ri-ofit and Loss Adjustments. PYior Periods 7,813.57 



Pref 3rred Di\-idends, Prior Periods 180,000.00 



Pr^farred Dividends Year 1916 120,000.00 



Common Dividends in 1916 150,000.00 493,560.89 



Sarpli:sD.-c?mb?r31, 191(5 S90 ,581.83 



Comparative Statement of Income and Expensfs for Three Years from 1914 to 1916. 



Expenses: 



1914 1915 1916 



Gross Income $1,203,022 $1,375,902 $1,634,760 



ExT)GIlS6S' 



Operation 539,682 599,103 669,898 



Depreciation 168,793 176,813 234,262 



Interest on Bonds 250,531 250,531 292.295 



Total Expenses $959,006 $1,026,447 $1,196,455 



Per cent, of Gross Income 79.7% 74.6% 73.2% 



Net Income $244,016 $349,455 $438,305 



Pe • cent, of Gross Income 20.3% 25.47o 26.8% 



Subject to Intsrest on Bonds $663,340 $701,635 $849,147 



2 2/3 2 8/10 2 9 10 



times times times 



the bond the bond the bond 



interest interest interest 



Number of telephones at end of year 17,819 19,876 23,652 



Average number of telephones for year 16,808 18,847 21,764 



income per telephone per year $71.57 $73.00 $75.11 



Oaeration per telephone per year $32.11 $31.79 $30.78 



Dspreciation per telephone per year 10.04 9.38 10.76 



Bond intjrest per telephone per year 1J.91 13.29 13.43 



Total Expenses $57.06 $54.46 $54.97 



Net Income per telephone per year $14.51 $18.54 $20.14 



Statistical Information to December 31st, 1916. 



Central Offices 36 



Subdivided as follows: 



Automatic local S 



Manual local , 22 



Manual long distance ' 6 



Total telephones connected to system 23,652 



Composed of: 



Automatic 20,610 



Magneto - 3,042 



Gain in telephones for Calendar Year, 1916 3,776 



Cities and towns connected 230 



Minimum specified in concession 95 



Meters underground cable installed 120,314 



Meters aerial cable installed 214,302 



Meters of circuits contained in cables 86,274,269 



As follows: 



Havana District, approximately 72,000,000 



Other offices, approximately 14,000,000 



Average daily local connections. 257,000 



Kilometers of long distance pole lines 2,589 



Minimum specified in concession 1,860 



Kilometers of No. 8, No. 10 and No. 12 copper circuits 17,517 



Kilometers of phantom circuits in use 850 



Average daily long distance connections 2,000 



Grand total of local and long distance calls for year 94,000,000 



Poles used in system 95,14.5 



Sugar mills connected to system __65 



Total number of emnloyees "■!'' 



Dist'ibuted as follows: 



Permanent 630 



Temporary 117 



AMERICAN BEET SUGAR COMPANY 



ANNUAL REPORT 1916-17 



The folloAving is from the annual report of the company, dated April 28, 1917: 

 Income statement shows receipts of 15,333,224.07; expenses, $9,208,547.20, leaving earn- 

 ings of $6,126,676.87. Dividends on the preferred and common stock are deducted to the 

 amount of $3,300,000, showing a balance of $2,826,676.87, out of wliich amount various appro- 

 priations for additions and depreciation of factories and land, amounting to $1,571,929.65 are 

 taken, leaving surplus of $1,254,747.22 for the fiscal year. 



