T H E C U B A R E V I E W ' 27 



GUAXTANAMO SUGAR COMPANY— PROFIT AND LOSS ACCOUNT 

 Foe the Teae E^^DI^*G SzPTEiiBEB 30, 1919 



Gross sugar sales, less sea freight, commissions, etc $6,034,09(3.16 



Molasses sales 64,561.23 



.?6,099,2.57.39 



Deduct — Producing and manufacturing costs and ship- 

 ping expenses, including New York and Guantanamo 



offices expenses 4,425,426.59 



Profit on operations, before providing for deprecia- 

 tion of mills and equipment or for replanting of ■ — 



cane .$1,673,830.80 



Add: 



Interest (net) $ 50,781.83 



Rents (net) 47,684.86 



Miscellaneous (net) 17,364.41 



115,881.10 



$1,789,661.90 

 Deduct — Provision for depreciation of mills and equip- 

 ment and for replanting of cane 270.427.81 



$1,519,234.09 

 Deduct — Provision for taxes and contingencies (esti- 

 mated) 400,0(Xt.OO 



$1,119.2.34.09 

 Deduct — Approximately one-third of the difference be- 

 tween pre-war and actual cost of new work charged 

 to capital during the year ending September 30, 1918 . . 3.3,479.39 



Profit for year $1,085,7.54.70 



GUANTANAMO RAILROAD COMPANY— BALANCE SHEET JUNE .30, 1919 



ASSETS 

 Capital Assets : 



Cost of road, land, buildings, rolling stock, equipment, etc. $2,101,245.87 



WoEKiNG Assets : 



Fuel $ 8,857.00 



Material and supplies 47,947.59 



Insurance unexpired 2.694.35 



59,498.94 



CuEEENT Assets : 



Accounts receivable, including claims, cash, etc 141,9.39.44 



.$2,.302,684.25 



LIABILITIES 

 Capital Stock : 



Authorized— 10,000 shares of $100 each $l,0r)0,000.00 



Less — 11 shares unissued 1,100.00 



9,989 shares outstanding $ 998,900.00 



Loan — Guantanamo Sugae Company 788,198.23 



Cxjeeent Liaetltties : 



Loan, repayalile in sei'vices ? 93,081;.36 



Audited vouchers unpaid 11,3.38.69 



Miscellaneous accounts paval)le 4.099.33 



108,519.38 



Reserves : 



For maintenance of way Miid structure s $ 42.213.38 



For maintenance of equipment 90..5S5.19 



For depreciation .52,8.54.72 



Miscellaneous 19.937.18 



205,590.47 



