jcc nn Ene 
30 THE CUBA REVIEW 
a ———— 
prosperity which can be safely predicted are that the service rendered to the public will be 
better than ever before and the operating expenses proportionately Jess than in any 
recent year. 
Respectfully, 
H. C. LAKIN: 
President. 
INCOME STATEMENT FOR YEAR ENDED JUNE 30, 1921 
GnOaseMinrnin Dae ee herd eaten maitre t eed sys aie aie has re eet Tone eae $15,853,958 .75 
perAting PPSNNeS (4...)7 5. ee Thies cles + abide ents CO nr ee cleans 14,210,561. 56 
Net: Barnitipaiesstem ck rere: erriak sie pepo. cc cer eter Saree Meno aey geen $1,643,397 .19 
Other Revenue: 
Income from) R@mts ies ccs eee ie a sess ee ete ere $18,234.09 
Miscellaneous Uniterestacsete crime ete ened 6,652.21 
Town Lot Sales... :s:3: beeretere eas ero are eee 87,219.20 
Profit on Sales of Misterialeemr te eee re teers 33,166.53 
——_——_————— 145,272.03 
Gross Income. .)..:.3.:6 Je = ace eee ane $1,788,669 .22 
Less: 
Interest on First Mortgage Bonds...................... $658,500. 00 
Interest on Improvement and Equipment Bonds.......... 200,000.00 
Interest on Two-Year 6% Secured Gold Notes............ 120,000.00 
Interest on Car Trust Certiiicatesta = ety 298,035.70 
Interest on Serip Warrants). eres nese eee 18,000.00 
Discount on Bonds andy Notesee cease eee 87,112.85 
Interest on Equipment Notes.) 22-2) eee ie eee 29,486 .53 
Interest on Sinclair Conversion Account................. 31,619.60 
Uncollectible Accounts Written Off...................... 32,956 . 02 
—_————_ 1,475,710.70 
Net Income Transferred to Profit and Loss........... $312,958 . 52 
GENERAL BALANCE SHEET, JUNE 30, 1921 
ASSETS: 
PROPERTY INVESTMENT—ROAD AND EQUIPMENT.................2200---- $57,439,752 .66 
INVESTMENTS: 
Camaguey and Nuevitas Railroad Company Capital 
Bmae—Pledged. .. 2. 1.0 sacictatae pacer ee enema $2,692,700. 00 
Marine and Industrial Company of Cuba, Capital Stock. 111,805.33 
iobalninvestments ask Shee ee oe ee eee 2,804,505 .33 
CurRENT ASSETS: 
SESS Tie ess a A Nae R18 Le Sa Ra A Pi a AE a $150,927 . 66 
WPCUi HAC MON GUCLONS: nity Se..baiet nee aL as see eeeet 418,420.36 
drictipiduais and, Companies..6.6 25 heccc0l 02's Son nk od 1,728,705 .81 
Trathce Balances Reeetyable.,.........4.. 2... cscs. een os 295,468 .82 
Bireral atesipples-. 2 oo. wear vet ee ue ee 2,836,732 .23 
ROCA CrinrentRASSeus: 4. Wa cris cies oad ae be ae 5,430,254. 88 
DererReD Desir Items: 
Expenditures on Account of Damages Due to the Revo- 
RNS ere RTI sin rns ne an ey ee $532,920.48 
Unamortized Bond and Note Discount................ 984,044.06 
Insurance Premiun Paid in Advance................... 11,393.65 
ROGET Cosa or sat ae 8 Oy NR OR He eT hc, | eh od Sorel 1,013.50 
otal Deferred Debit [tems -< os ..<< sites 6 once ac 1,529,371 .69 
$67,203,884 .56 
