26 THE CUBA REVIDPDW 
In addition to the above, the Violet Sugar Company owns 494 caballerias (16,467 
acres) and the Eastern Cuba Sugar Corporation will own, after the above transactions 
are consummated, 1,436 caballerias (47,867 acres) and hold under long term leases 
2498 ecaballerias (S3,267 acres). The grand total of the lands directly controlled 
by your Corporation will therefore be 22,484 caballerias (747,S00 acres). 
RAILROADS 
Your Corporation now owns and operates for the transportation of its products 
and supplies 1,168 kilometers (726 miles) of railroad, of which S20 kilometers (510 
miles) are standard gauge and 348 kilometers (216 miles) are narrow gauge; together 
with equipment consisting of 182 locomotives, of which 97 are standard gauge and 
35 narrow gauge, and 3,668 cane and other cars, of which 2,296 are standard gauge 
and 1,372 are narrow gauge. 
In addition to the above the Violet Sugar Company owns and operates 25 kilometers 
(16 miles) of standard gauge railroads; together with equipment consisting of 4 
locomotives and 132 cane and other cars. 
PROPERTY ACCOUNT 
Original Cost of the 17 Plantations, Including Taxes, Notary Fees, ete... $48,983,296.68 
Additional Purchases: 
KEOTIONE GMO LE WEL Goreng cose een ies Os eet Pee a eee ee $ 8,400,000.00 
NWUAUPENTOUIGOS ie tree cohen a ARE® SauNe see oleaisso cme adit ate a kaya 159,600.00 
PERT CLS ton ctcne, svokcherawi'e cee aha pateletchs te ala, Ra ate cetey aisharmre a cme ueyre ne 2.577,395.64 
Taxes, Notary Fees, etc., thereon................. 125,981.08 
$11,262,976.72 
Less Sale of Mills, Lands, Machinery, ete.............. 3,184,750.67 
$ S,07TS,226,05 
Additions, Improvements, ete. : 
Fiscal Western Bastern 
Year Plantations Plantations Total 
ADI LOMG: | ak, col wiewenae © eh BOL OOoNLol Seo LoD No OSes LILO Toaezi 
NOT G1 OMe... ee canoes 2.316,123.95 2 657,229.86 5,033,353.81 
TAC My ft Sr eo ial ak ie Co Ses fier 1,835,050.42 8,246,313.70 10,081,364.12 
SSL ce. eas tera Peon A 730,004.32 3,909, 384.68 4,039,339.00 
TD SOA Sate cee heat cats Siare 1,278,965.52 2.177,979.08 3,456,944.60 
$6,484,747.34 $16,545,988.40 $23,030,735.74 
$31,108,961.79 
Less amount written off to cover dismantling and relo- 
CAMON OG NTa CHIMETY Aee.n et aero ie ieee 3, <0 1,200,000.00 — 29,908,961.79 
$78,8S92,258.47 
Machinery and Construction Material on Hand............-..+.--50-- 695,417.46 
Motalvass per ilAN CO ASMEC ys nee sere ooh teen oro al nae yeioncclyene $79,587,675.93 
RENEWALS, BETTERMENTS AND DEPRECIATION 
Following the customary practice, your Corporation has made adequate expendi- 
tures for renewals, repairs and changes in the location of machinery, all of which 
have been charged to operating expenses before arriving at the operating profit. 
In addition to the cost of above renewals and repairs, your Board of Directors 
has made a charge of $3,500,000 for Depreciation. 
RECEIPTS AND EXPENSES 
FISCAL YEAR ENDED SEPTEMBER 930, 1920 
RECEIPTS— 
Production, 3,768,915 Bags Per Bag 
oo) (SEGRE $124,938,995.64 $33.193 
