The New York Central and Hudson River Railroad Company
SUMMARY OF FINANCIAL OPERATIONS AFFECTING INCOME
Increase Decreabe
Operating income
'Kail oper.ations ■
Revpnuea
Expenses
Net revenue from rail operations
Percentage of expenses to revenues
Auxiliary operations
Revenues
1912'
1913
75312 miles operated 3,731-81 miles opera
$116,904,304 05 §109,697,588 34
87,932,040 97 81,129,838 65
528,972,263 08
(75-22%)
$7,206,715 71
6,802,202 32
$28,567,749 69 $404,513 39
$5,780,345 32 $5,579,083 89
5,725,537 41 5,255,057 55
Net revenue from auxiliary operations
Net revenue from all operations
Taxes ACCROEn
QpEHATINr, income
Other income
Joint facilities rents
Miscellaneous rents
Net profit from investments in physical property
Dividends on stocks owned or controlled
Interest on funded debt owned
Interest on other securities, loans and accounts
Contributions from other companies
Miscellaneous income
Total other income
Gross corporate income
Deductions from oross corporate income
Rentals of leased hncs
Hire of equipment
Joint facilities rents
Miscellaneous rents
Miscellaneous tax accruals
Separately operated properties—loss
Interest on bonds
Interest on three year gold notes of 1911 and 1912
Interest on equipment trust certificates
Other interest
Transfer of income to other companies
St iL & A Railway: rental of leased line
N Y & Ottawa Railway; interest on bonds
Other deductions
Total deductions from gross corporate income
Net CORFOR.4TE income
Dividends, four eachyear at five per cent per annum
Surplus for the year carried to profit and loss
$29,027,070 99 828,891,776 03
6.358,545 91 5,893,995 91
$22,670.525 08 / $22-997,780 12
$1,929,462 60
406,187 82
62,073 62
12,791,889 90
508,829 12
1,785,755 12
395,944 16
$16,663,228 42 817,880,142 34
82,283,363 39
702,493 98
117,027 37
12,168,536 78
450,181 03
652,588 69
260,359 34
33,677 84
$201,261 43
470,479 86
8135,294 96
462,550 00
8353,900 79
296,306 16
54,953 75
$39,338,753 50 840,877,922 46 '
8623,353 12
58,648 09
1,133,166 43
81,211,913 92
81,539,168 96
$8,518,856 66
1,026,558 22
567,853 29
455,335 23
38,120 61
39,281 33
10,603,317 10
2,250,000 00
1,347,411 57
1,170,832 75
67,543 75
10,000 00
84 i
$10,055,
1,969,
619,
838,
15,
346,
9,661,
1,903,
1,031,
337,
99,
10,
68,
,192 32
,039 74
,975 18 ^
,710 77 '
,961 73 ,
,612 72 V
,603 05
,125 00
,538 64
426 34
,800 80
,000 00
,240 00
,003 13
826,095,195 09 826,995,229 42
$13,243,658 41 ■ 813,882,693 04
11,243,021 25 11,136,465 00
822,158 88
941,714 05
346,875 00
315,872 93
833.406 41
8106,556 25
81,536,335 66
942,481 52
52,121 89
383,375 54
307,331 39
58,240 00
47,918 55
82,000,537 16 $2,746,228 04
815,312,590 17
Balance to credit of profit and loss (free surplus) as shown in report of December 31, 1912 $13,185,413 04
Amended by eliminating surplus of the St Lawrence & Adirondacli Railway Company 852,951 91
and deficit of the Ottawa & New York Railway Company 95,535 53 42,583 62
813,227,996 66
Additions for year:
Surplus from operations 82,000,537 16
New Y'ork New Haven & Hartford Railroad Company for its proportion of special
franchise assessment within Grand Central Terminal area prior to 1913 84,056 35 2,084,593 51
Deductions for year:
Discount, commissions and expenses account of N Y C Lines equipment trust of 1913 $209,141 33
Discount, commissions and expenses on various short term loans 905,069 47
Discount and commissions account debentures of 1912 2,615 00
Cliarging off amounts against Hudson River Bridge Company for expenditures prior
to 1886, not collectible 854,423 36
Charging off value of abandoned facilities 191,140 58
Cash advances to Clearfield Bituminous Coal Corporation for interest, sinking fund
and tax payments 114,921 26
Charging off various accounts and reversal of accruals due to consolidation (net) 43,625 00
Reduction of book value of capital stock in the Merchants Despatch Transportation
Company to par value 17,311 00
Various adjustments and cancellations (net) 8,549 02
Balance to credit of profit and loss (free sui
* Reviaed; Ottawa 4 New York Railway transaotionB eliminated
PLUS) DECEMBER 31, 1913
2,346,796 02
$12,965,794 15
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