26 THECUBAREVIEW 



INCOMK AND TKOl rr AM» I.OSS STATKMKN T lOK TlU: VllAK I'.H'.t 



<i:ki>its 



ITnlit fn.iii Opoi-Mlioiis $10,2S:{,0Sl.n2 



Intcrcsi on Lomiis mikI hcpusils (;."i:{.441.4r» 



liK'ouio fmin InvostnuMits 4,.'!14,<»0,"5.7ij 



$ir.,i2.-(),(;ui.rj 



DKl'.ITS 

 Fi>r Dciirrciation, IJi'iicw.il or Itciilacfiiicnt of ri.iiil nrul 



Kquiiimont SLVKHt.OdO.dO 



For Ap|>roi>riati()iis to Kcscrvt's as follows: 



Improvcinent of riants .Sli/XIO.OOO.OO 



rension l\ma lMo.cmkkoo 



Eniitloyees' Insiiranc' .•!<X),W0.00 



Contingencies L'si,044.(52 



3,831,944 .G2 



For Dividends doclarod durin- HHM 7,(>49,9G9.00 



13,4S1.913.G2 



Halance added to Surplus i?l,7GS,70r>.50 



('OMPARATIVK STATIOMIOXT 

 FKOFIT AND LOSS STATi:.Mi:XT 

 CREDITS 

 191(; 1917 191S 1919 



Profits from Operation .'j;9,7r)(;,379.42 .$10,orM.291.41 $G,GG1 ,G83.S0 !f;iO,2S:',,0S1.92 



Interest on Loans and De- 

 posits 792,99<).7< t 1 .OOG.fM »2.2r. 087,845.00 (;.-,.-,,44 1 .4;" 



Income from Investments.. 2.no."..7;;7.lo .•'•,12!t,!t48.7o 5,202,G93.09 4,:'.14,(H)."».7r> 

 Net Protit fnmi Invest- 

 ments 24S,.3.36..34 2L544.S5 35,2fv4.90 



.$13,703,443.r,G .$14,212,787.21 $12,587,480.8,5 $15,250,019.12 



DKP.ITS 

 r»f|in'ciiit ioii, KcM'-wil ;Mid 



Replacement .<;•_•.( mio,(i<mi.(»0 .<;2,<mm»,(X)I).00 if;2.000,00<1.00 .$2,O(;O,00i».(HJ 



Smidry Reserves .•'.,:'.s:;..-,r,2.0!t 4.000,000.00 2,1.5.".,1 11.09 ,3.S;n.944.02 



Dividends Declared G,29!).972.0O 0,299,972.00 7,312,409.75 7,W9,909.00 



.Sii.a<5::,.5:!4.on .$12,200,972.00 .$n ,4G5..58o..S4 $13,48 1.0 1.3.02 



Ainoimr added to Surplus.. 2,010,909.47 1.012,S15.21 1,121,000.01 l,7<;s,70.").50 



$13,703,443.-50 $14,212,787.21 $12,587,480.85 $15,250,019.12 



P.ALANCE SHEET 

 ASSETS 



Real Estate and Plants. .. .$47,240,442.89 .$4.5,931,123.93 $4,5,710,454.84 $45,8,52,4.54.04 



Investments, General 2.3,972.0.30.34 24,782,,540.08 30,101,130.21 22,590,445.05 



Investments, I n s u r a n c <• 



Eiind 9,000,000.00 9,500,000.00 9,-500,000.00 9,,50O.000.OO 



Investments, Pension Fund. 1.2.50,000.00 1,750,000.00 1,750.000.00 2,0f K t.OOO.O^J 

 Inv«'stments, Imjjrovements 



of Plants Fund 4.307,514.84 7.:'.(;7..514.84 



Investments. Trade Mark 



Advertisinjr Fund 2,.".(X»,0O0.0O 2,.".(H».iiO0.O0 



Investments, Emiiloyeos' 



Insurance Fund 3o<»,000.00 (i(H»,0(Mi.0O 



Merchandise and Suriplie-;. 1S;,0.54,S39.97 0.142,074.71 13,199,708..51 15,0:'.:!.401.<i2 



Prepaid Aecounts 1 ..527.043..32 :!09,051.1S 1,257.002.48 .507,.580.,-5 



r^"«"'^ 1 ,222,19.3.00 1.121 .200.10 2,1,3,3,.343.49 5..5S1,009.85 



Accounts Receivable 3,8.3.3.2.59.72 .3,322,489.23 6,0,58,101.53 0,001,400.44 



Accrued Incr.me .5,55,907.03 1,047,04,3.91 983,7.39.18 l,r>42,<(01.S8 



C»^li 22,717,45.3..53 40.403.2.52.19 23,058. 102.. 32 28,101.879.19 



$129,979,775.80 $137,398,841.93 $142,185,157.40 $147,427,896.86 



