28 THECUBARBVIEW 



DivutENDS Paid 



On rreferred Shares: 



May m. 1VH!>. ..11 .S^o.HT.MTT ar :i'f .$r,i2!>.:!n4.:'.l 



N.n" 1.". unit, <in .is^o.OTS.iTT at :'.% i;iMt,:tr>4.:u 



.$1,258,708.62 



On Cmiiinoii Shares : 



Mav I.'-., 1019. on .$14,948,406 at S% .$448,452.18 



Nov. 15, 1919, on .$14,948,4<>6 at 3^0 448.4.52.18 896,904.30 2.155,612.98 



Bahintv carried f.. Balaneo Sheet .$3,158,503.32 



STATEMENT OF Ol'EH.VTION OF THE LKillT .><: POWER DIVISION FOR THE 

 YEAR ENDING DECE.MBER 31, 1919 



Electricity 

 Operating Expanses : 



Manufacture .$ti20,.542.29 



Distribution KJo. 780.65 



General -'(;:!,(;15.99 



Total Operating Expenses .$1,044,938.93 



Net Earnings from sale ok Elkctrk ity kok I'.MK 2,4.39,455.65 



.$3.4S4.:!94..58 



(Jas 

 Operatinc; Enpknses: 



Manufacture •<7< 0.0.52.27 



1 ►istril.utinii 1'2,j.2.50.75 



(i.-iunil 161, .5.30.99 



Total Oiifiatiiii: Exiteiises .$98(^834.01 



Net Earnings from salk. ok <tAS kok T.H".* 440,974.67 



.$1,427,808.68 



Interest .$412,449.77 



Taxes 294.6( lO 00 



Reserve for Deineciiition 393,27<i..32 



Net Income for the Division kok I'.tl'.i l,780.Hi4 23 



.$2,880,4.30.32 



Electricity 

 Eaknin(;s : 



Sale of Electricity ?3,407,2S5.89 



Mis<ellaneous Earnin;^s 77,108.69 



Kkoss I-;.vrnings .$3,484,394..58 



.$3.484..394 .58 



Gas 

 P^arnings : 



Sale of Gas S;i,:!39,793..50 



Miscellaneous Enniiii^rs Ss 015.18 



Gross Earnings .$1,427,808.68 



$1, 427.808.6,8 



Net P:arnings from sale of Electricity and Gas for 1919 .$2,8SiO.430.32 



$2,880,430.32 



