30 THE CUBA REVIEW 



Decrease of Assets : 



Cultivations— Company Cane $172,802.58 



Materials and Supplies 3,002,715.28 



Advances to Colonos 79,882.74 



Cash 17,867,195.34 



Cash for Liens and Censos (per contra ) 28,330.00 



Discount and Expenses on Debenture Bonds 124,235.86 



Total $21,275,161.80 



Grand Total $58,987,432.71 



RECEIPTS AND EXPENSES 

 fiscal year ended september 30, 1921 

 Receipts — 



Production, 3,978,102 Bags. 

 Sugar Sales (unsold sugars have been valued at 2_^c. Per Bag 



c. & f.) $49,116,579.24 $12,347 



Molasses Sales 429,738.67 .108 



Other Earnings 716,717.11 .180 



$50,263,035.02 $12,635 



Expenses — 



Cost of Cane (per 100 arrobas $6.639) $31,164,214.93 $7,834 



Dead Season Expenses (Salaries and Wages, Materials and 



Supplies, Repairs and Renewals) $6,500,398.41 $1,634 



Crop Expenses (Salaries and Wages, Materials and Supplies. 

 Fuel, Maintenance, Administration — Cuba and United 



States) $10,302,346.32 $2,590 



Fiscal Year Charges: 



General Insurance $318,988.53 $ .080 



Cuban Taxes on Sugar 361,624.18 .092 



Cuban Taxes on Real Estate 296,017.75 .074 



Legal Expenses 95,296.73 .023 



Total Fiscal Year Charges $1,071,927.19 $ .269 



Sugar Expenses ; 



Sugar Bags and Packing $2,353,010.96 $ .592 



Sugar Inland Railroad Freights 2,193,820.15 .551 



Sugar Shipping Expenses 1,429,452.21 .359 



Sugar Insurance 106,132.96 .027 



Selling and Landing Expenses 1,140,335.04 .287 



Total Sugar Expenses $7,222,751.32 $1,816 



Total Expenses F. 0. B $56,261,638.17 $14,143 



Operating Loss for the Fiscal Year $5,998,603.15 $1,508 



