THE NEW YORK CENTRAL RAILROAD COMPANY

Condensed General Balance Sheet

December 31, 1942 and 1941

A S S F T S

INVESTMENTS:                                                                                                                        1942                       1941

Road.....................$   699,381,926        $   703,223,424

Equipment...................           422,110,875             406,844,760

Improvements on Leased Property............           123,344,435             150,037,295

Sinking Funds, etc.................                  403,409                   388,911

Miscellaneous Physical Property............             51,907,073               50,204,610

Affiliated Companies: (Stocks, Bonds, Notes, and Advances)         .     .           402,854,724             385,041,802

Other Investments: (Stocks, Bonds, Notes, and Advances) ....             51,994,078               39,103,174
 

Total..................$1,751,996,520        $1,734,843,976
 

CURRENT ASSETS:

Cash, Specl\l Deposits, and TE^rpoRARY Investments......      $    97,461,293        $     72,787J95

Material and Supplies...............             36,785,166               37,294,864

Other Current Assets...............             31,301,902               20,375,498
 

Total..................$   165,548,361        $   130,458,157
 

DEFERRED ASSETS AND UNADJUSTED DEBITS.........$     42,464,254        $     16,581,165
 

$1,960,009,135        $1,881,883,298
 

LIABILITIES

Capital Stock, Outstanding (6,447,413 Shares Without Par Value)      ...      $   562,332,642        $   562,332,642

Equipment Trust Obligations..............             47,336,000               54,949,000

Mortgage Bonds......          ............           502,009,000             509,576,000

Debenture Bonds.....          ............               5,500,000                 5,500,000

Convertible and Other Secured Bonds..........          .             61,090,200               70,200,200

Secured Bank Loans.............■   .     ,          .                                             16,000,000

Current Liabilities..................           114,085,860               74,313,664

Amounts Payable to Affiliated Companies*..........             57,371,081               56,967,528

Depreciation and Other Reserves.............           245,777,708             216,288,089

Deferred Ll\bilities and Other Unadjusted and Miscellaneous Credits                 153,236,585             131,618,026

Appropriated Surplus...............                          9,663,854                 9,669,728

Profit and Loss................          .     .           201,606,205             174,468,421
 

$1,960,009,135        $1,881,883,298
 

♦Comprises liability to lessor companies for which the New York Central is obligated to make settlement on expiration of the leas«.

This balance sheet does not include the assets or liabilities of lessor, affiliated, terminal or other companies, nor the liability of The Ne*
York Central Railroad Company as guarantor or \inder leases or otherwise with respect to the securities or obligations of other companies.